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The Trading Authority - any good?

  #6 (permalink)

Elite Member
Trading Experience: Intermediate
Platform: tradestation
Favorite Futures: es
Posts: 24 since Feb 2010
Thanks: 26 given, 9 received

trelum View Post
I attended a few days of free live room sessions a week or 2 ago. They really stress doing your own backtesting with the system and doing the work to have confidence in the system. But as was previously mentioned, the meat of the system is just MACD Bollinger Bands with signals at the cross of the zero line. The "fib dots" as they call them are just the Super Trend indicator. (formerly BMT) has both of these. The "TraderTrend" is some combination of RSI and a couple of EMA's. The "BigMo" is just an EMA with a channel drawn a couple of ticks to each side of it.

The manual has some good things in it, especially filters to consider and multiple contract strategies. But they really leave it up to you to decide what filters to incorporate into your trading plan and it is sort of lame that most of the indicators they sell for the system are probably just modified from freely available indicators around the web.

Where do I find the manual? Thanks.

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