Bill started using our EOTBillsArrows4p1 today in the trading room. Now the criteria is dirt simple… you just take the first arrow after each color change in the paint bars. I’ve circled the two short trades visible on-screen at the time of this screen shot. I took the shot when I did [...]
This is a tutorial on Bill’s Arrows v4. It goes over the reason we made it, what it looks like, and what all of the inputs do. Enjoy!
Someone wrote in asking to see our new Arrows-4 on a stock chart. This is a swing trader, so they wanted a daily chart of QID. Here it is, for the last few months (click to enlarge):
The arrows are arrows-4, and the red line is our adaptive Alla’s Average. There are no [...]
We were chatting in the eotpro live room about the FDAX, and how it might be cool to trade it overnight. So, since I have new adaptive arrows, I pulled up a 4-tick range chart of FDAX. Here it is from about 1:30 am to 2:30 am central time last night:
(click to enlarge)
(sorry [...]
Here’s my 9-tick range chart of the CL futures contract right after the inventory numbers came out. I was wondering how the new arrows would do… The chart covers 10:31 Eastern time to present (click to enlarge):
You can see that the new arrows are doing quite well. They also caught a 10-point move [...]
Having fun trading the oil (CL) futures contract this morning. Here are the newest, no-setup-required arrows on a 9-range chart this morning (click to enlarge):
It’s been fun throwing them on random charts and seeing how they do. I never did that before because I was too lazy to set up all the parameters.
I’m playing with new versions of our eotpro suite of indicators. These are, for the most part, self-adjusting. In fact, right now, the new arrows don’t have any inputs except for controlling the size and color of the output!
We know lots of folks have had trouble setting up some of our [...]