dede

The new feed makes my tick charts much more choppy. The difference is a factor of about 2.5. (2.5 more data is being sent since breaking up large orders in their data feed). I scalp the YM with 89 tick charts, I found that multipling 89 times the 2.5 factor give me a 223 tick chart which "smooths" out the chart -- bringing me back to where it used to be, so to speak. Those of you who use tick charts might want to try this and see how it works out for you.

the sling shot zone is EMA's at 38.2 and 61.8 periods....I just use the standard TS EMA lines and work with it that way... attached is the other indicator you were curious about I got it right from TS TTM TSPAINTBAR.ELD

Interesting strategy........wondering if you have looked at it in a shorter timeframe such as a 2 or 5 minute chart?

Your Dynamic Fib Indicator looks very interesting...I too like scalping since it gives you instant feedback on your trades....I break out in a rash if I have to wait to see a trade develop. Anyway, I think I understand your signals. How do you enter? I assume you must use buy stops for longs and sell stops for shorts. Or do you simple use a market order when it hits your entry price? Appreciate any guidance you can provide.

thanks for the clarification. Still, I think it will be useful to help find and or confirm tops/bottoms for us counter trend traders

I just started using it ...have it on a 1 min chart on the YM. I got one signal today early in the morning...at the time it was the new high (although briefly). My understanding is it will give signals whenever there is a divergence and not necessarily when a new high/low is hit. I plan to monitor it over the next week so hopefully I will know more later and can report back. TTM suggested it be used only when new highs/low are hit as a counter trend signal (eg. fade the high).

here you go (from a new member) http://clicks.aweber.com/y/ct/?l=7Iw8p&m=1gyDIE7Q_Aub5r&b=Xzn_7j_Ckjtc0grpBToSzA