TRIN Indicator system exit today. Finally got the exit signal with the Better TRIN Indicator turning up. Exited at the close with a gain of 42 points.
The chart below shows the TRIN Indicator swing system I trade. It is a variation of the TRIN Indicator systems included in the Better TRIN Indicator package. I've tried to limit the number of trades taken to reduce drawdowns and capital required to trade.
TRIN Indicator System (Emini daily)
We might get a pullback Wednesday or Thursday – but my best guess is this is the beginning of the next up leg for the Emini. The TRIN Indicator is usually the first oscillator to turn and I'm still waiting for the Hilbert Sine Wave to cross on the daily Emini chart.
Multiple Time Frames & Hilbert Sine Wave
Just had to post these next 2 charts. This doesn't happen often – but when it does the signals are great. Today's low around 1,326 was nailed when we got 2 "End of Trend" signals using the Better Sine Wave. The "End of Trend" signals coincided on the 233 and 699 tick charts that I use for day trading.
Hilbert Sine Wave (Emini 233 tick)
Hilbert Sine Wave (Emini 699 tick)
Good luck with your Emini trading.