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As the clients which purchased the Range Oscillator know, I like to develop indicators that produce leading signals - that PREDICT the reversals and get you in early and quickly.
Because I am a Chartist I trade mainly Support and Resistance areas - and I have set myself a goal to develop an indicator that produces buy and sell signals using Support and Resistance. So I have created TrendLineX.
Fig. 1: TrendLineX™ Indicator signal precise entry points, with tight stop loss
Fig. 2: TrendLineX™ Indicator identified trend reversal, and won +485 pips in 1 trade
[b]Fig. 3: AUTOMATIC Stop Loss for this EXACT reversal entry
TrendLineX™ automatically finds solid areas of Support and Resistance, and generates 100% mechanical buy and sell signals - with no manual analysis!
TrendLineX also provides automatic Stop Loss position to minimize Risk and maximize Yield.
I repeated read your information about Range Oscillator and TrendLineX,what I got is they provide long entry or short entry together with the stop loss. But there is no exit signal, so I don't know for sure when to exit. Would you explain this issue ? Cause I'm interested in buying TrendLineX.
Professional trading indicator identifies trend turning points
I have been trading for 3 years - started with indicators and now trade based only on charts. I got frustrated of the traditional indicators, because as you know they are all lagging. MACD, Moving Averages - they are all good to watch the past, but trading with them is difficult and generally not profitable. Nevertheless, I was looking for an indicator to confirm my chart-based trades and did not find anything that suits my trading style. So I developed Range Oscillator.
The Range Oscillator is a OverBought \ OverSold oscillator highly sensitive to market reversals which is able to pin point reversals in trends and retracements of existing trends, for low-risk point of joining the market. It provides my trades extra confirmation and enhanced my trading performance.
It looks for areas of Support and Resistance that are high-probability reversal ZONES for price, and alerts the user when a reversal is about to happen.
Judge for yourselves:
Fig. 1: Demonstration of Range Oscillator in action
Fig. 2: Demonstration of Range Oscillator in action
Fig. 3: Range Oscillator confirms Wedge Chart Pattern
Fig. 4: Range Oscillator identifies Retracements in trends
I will gladly answer any questions and post recent examples.
Michael,
ChartSecret.com Administrator
In Pic # 2 explain to me why it shows a "cherry pick" entry on the USD/CHF at or around 1.1295-1.1300, When in fact just by looking at the same Pic anyone can see that the price according to your indy was at or around 1.1430 when the indy first went into the oversold area and painted the first part of the green line. Explain what would have kept someone from buying at 1.1400 when it first enter the oversold area and not taking about 100 pips of draw down?
