As you know I've been showing the BPT MA Deluxe indicator, which
I've provided for free to members, however I've found that too many
of you are treating this indicator as a system, which it is not;
it's best to use it as a guide and a tool along with other
indicators and price action.
Here's a great example showing a 60 min SPY chart and how using
the BPT MA along with price action, Bollinger Bands, and
Stochastics to get a MUCH more objective short trade when this
indicator finally turned red on May 22nd
Also see the attached detailed chart example with written
annotations - these are the type of things that I would like to
discuss in a future webinar on how to use this indicator.
SPY 60 min with BPT MA Deluxe Educational Example
Posted by matt on 3rd of Jun 2013 at 01:35 pm
As you know I've been showing the BPT MA Deluxe indicator, which I've provided for free to members, however I've found that too many of you are treating this indicator as a system, which it is not; it's best to use it as a guide and a tool along with other indicators and price action.
Here's a great example showing a 60 min SPY chart and how using the BPT MA along with price action, Bollinger Bands, and Stochastics to get a MUCH more objective short trade when this indicator finally turned red on May 22nd
**CLICK HERE** to watch a short 5 min video explanation
Also see the attached detailed chart example with written annotations - these are the type of things that I would like to discuss in a future webinar on how to use this indicator.
nice, very nice!
Posted by morton13 on 3rd of Jun 2013 at 02:55 pm