Narrow Range Script in TopGun Software
January 9, 2009
The Best Forex Indicator Yet?
I recently came across another discussion about a new feature of Top Gun Software. Over the past few months I’ve come accross a few people over at Forex Forums who swear by this software,but until now, I haven’t seen something about it that warrants me purchasing it once and for all. This new feature they have called the Narrow Range Breakout Script. Supposedly there are special bars that Top Gun Software detects and draws these parallel lines on your charts where price begins to range.
You can easily do this yourself, however, to have a script draw these lines for you really takes out the guesswork involved with identifying ranges, channels, etc. On the above example,TGS detects a narrow range and whoever showed this example must have entered a short right below the lower channel (bottom purple line) and rides a 60pip or more move down! I’ve seen a few examples of this and am really salivating over how simple Top Gun has made forex trading.
I really am looking forward to trying out TopGunSoftware as soon as possible, I keep reading great things about the narrow range breakout script and many other scripts over at Forex Forums’ Software Indicators section. Anyone else have the ability to comment on TGS or the breakout script?
