Wow, super long day for me. More later. I'm messaging you the next indicator I want to share with you for TOS. I think it pairs nicely with Darvas and Ultimate Volume. I don't know how the lines move with Barry' indicators, but my goal was to try and get close to his support and resistance lines. Mobi's code does a bit more though and I have been impressed with the lines the software draws. He shared this code freely on the web and I found it digging around. Mobi is one of the best programmers for TOS. I really like this indicator. I usually leave it at the default setting of 26, but sometimes make adjustments for a particular chart and then I take it back to 26 when whatever trend I'm in is over. 26 seems to be the best setting!
I went short today again. I got into TZA towards the bottom, but DRIP may have been a miscalculation. I'll find out on Monday. For now, the daily chart still shows support, but it could roll over on Monday. Sometimes, I make a projection and place my orders to fill when I'm gone. Since I am not day trading, I don't have to be precise. I just need to get close and be in the direction of the trend.
I have found that looking at different programs gives be better insight into the market's moves. I like my main charts which I have customized, but I like looking at your charts too and I like the basic TOS charts on my iPad.
Have a great weekend!
D
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