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I tried the Triple Switch and Parabolic indicators together.
The triple switch follows much closer to the bars than the Parabolic.
On my charts (Nikkei 3-min bars) this takes me out of trades too early most
of the time.
Given that I am using Parabolic as a profit stop, I prefer to run with its
early gap.
In practice, I am not entering the trade until some other trigger has
occurred (normally a channel breakout). I suspect this often results in
the parabolic being tighter by the time I start needing it.
Thanks
Peter
-----Original Message-----
From: Bob Hunt [SMTP:RHunt.066@xxxxxxxxxxxxxxxx]
Sent: Monday, October 19, 1998 11:43 PM
To: RealTraders Discussion Group
Subject: Re: GEN: Parabolic
I have found Robert Krausz's Triple Switch indicator to have similar
attributes as the parabolic, but seems to work better for my purposes
- it just seems to provide a tighter stop when needed. I generally use
it on 5 minute bars
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