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cooper59

Better Trin Indicator

By cooper59, in Technical Analysis

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cooper59    10

cooper59
Posted

Has anyone seen this "Better Trin Oscillator" by emini-watch.com? It looks like they have two other products, one being Better Sine Wave Indicator and Better Trend line indicator. It is very reasonable priced ($65 for each) but would like to know if anyone has seen, used or have? Thanks in advance.

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BennyHey    10

BennyHey
Posted

Yes I purchased the better TRIN indicator. Like any indicator it works some of the time and the key to making it sucessful is knowing which signals to ignore. The TRIN package comes with an oscilator and showme study that shows when there is divergence between advance/decline and the futures mkt price. Reply if you have any specific questions.

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BennyHey    10

BennyHey
Posted

BTW.....I do not use this indicator as it give too many false signals, I have attached a 3 min. chart with the showme and oscillator on it. Red dots are bearish divergence blue are bullish. Bars will not paint till the end of the bar.

picture1.thumb.png.bc8d2a4511d8a65d71d7eb992f9c2233.png

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