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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: Atin who wrote (4532)4/25/2000 10:11:00 AM
From: Patrick Slevin  Read Replies (1) of 7434
 
I use different sizes for different time frames.

For the one and five minute charts I use 1 by 2.

For the thirty I use 2 by 3

For Daily I usually use 4 by 3 but sometimes I look at 5 by 3.

A friend uses 10 minute charts pretty successfully but I forget what parameters he uses.

Rats, got close to taking out a second but not quite low enuf. I may just exit at market while I have a chance.

By the way, my PnF charts are in SP, not ES. But you might have something there, the ES reports faster. If the elasticity does not matter overmuch then it may be better to use ES. I'll have to put a couple up next to each other and see how it looks.
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