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I use the snake force and its fine.But need to know and use it for what it is. Like most other things, understand how it works and use the information that it gives correctly. teh way I use it , I use it on a number of time frames and I flip charts every few minutes and I use snake force to give me an idea, an indication of whats going on overall. I use other things to confirm entry etc. Snake is not used alone. I have not had any problems with snake. But, it's not a stand alone, only stand alone in this business is the chart.
Location: Surabaya city, Indonesia, Jawa Timur state
Posts: 88
About repaint of snakeborders
Hi David,
Thanks 4 ur sharing in my thread. I know that almost of every indicators was repaint coz the price always move.
But i find something special in snakeborders indicator and i use it until now. I use it with many other indicators coz using snakeborders can't give us the accurate signal.
I don't know exactly how to use this indy but as i see the border of this indy shows the overbought/oversold condition, or, it can use as the limit level you place. The red one show the sell area and the ble one shows the buy area.
So if you want to buy the price ideally in the blue area and if you want to sell the price ideally in red area. This is according to the princip of Tren is Your Friend, and you will get more profits. I usally place 40 or 30 pips to take profit and 40 pips to stop loss.
I have a good result by using snakeborders and other indies as you see in my attached file below.