Flux Capacitor - by Back to the Future | Trading Reviews and Vendors


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Flux Capacitor - by Back to the Future

  #211 (permalink)

Switzerland
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: Kinetick, CQG
Favorite Futures: CL, FDAX, Forex
 
Posts: 18 since Jun 2012
Thanks: 23 given, 26 received

Latest chart sent out by Michael of Back to the Future Trading

Attached is the latest chart sent out by Michael of Back to the Future Trading. He claims "where we knew with reasonable certainty...65%+ accuracy, that the move was coming, and in what direction".

I have marked the chart with thick green lines for winning trades and thick red lines for losing trades.

As you can see, if you count PowerZone (big dot) trades only, there are 3 winners and 4 losers (43% winners).

If you are more aggressive and count both PowerZone (big dot) and AMACD (small dot) trades, there are 10 winners and 10 losers (50% winners).

I have never known how they come up with there 65-70% certainty and can justify it but to me it is more like 50% (which is the probability you get when you draw random dots).

For your information to draw your own conclusions.

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