decision bar indicators

[watchdaride]

Any one using the 3rd party efs indicators from decision bar http://www.decisionbar.com/ . Just wanted to know if its worth trying out .

[demarcog]

Re: decision bar indicators

Originally posted by watchdaride
Any one using the 3rd party efs indicators from decision bar http://www.decisionbar.com/ . Just wanted to know if its worth trying out .

Hi watchdaride,

I visited that web site recently becasue I ran across some code that contained some "decisionbar" logic. I was surprised how inexpensive the product was, $100 and asked for some material but never got it. They also use something called a "riskoscillator" which is similiar to something I was doing in my code.

Anyway, the code that I researched contained a test for a prior breach of a 2nd standard deviation bollinger on a prior bars low, and a low on the current bar above the bollinger band for a buy decision bar, and opposite condition on a sell.

Don't have the code in front of me now but if you are interested let me know.

[naifwonder]

I know someone that tried it.. he didn't recommend it.