I hadn't thought about the grandfather, but you are right. If you have to pay for upgrades then what is the GF for. I did pay to switch to sierra from NT. I don't recommend NT. Too many lag issues and platform management rules to prevent the lag. I was happy about the $300, but had it with NT. I also feel that if one can get profitable $300 or $450 could be one trade. I don't know what else to use. Bare charts don't work for me and I don't want the typical MACD or stochastic although they may work so I paid and moved on. I think Mbox is powerful, but one has to be patient and wait for the good setup to pressent itself.. if we can do that we can make a good living. I've yet to get there.

emini2000 

Everybody that bought the original was supposed to be grandfathered in. Mike circumvented that by the 'testimony' requirement. You should have never had to pay that. That's dishonest. Then he left that and just said you had to pay to upgrade even though you were supposed to be grandfathered in, using the excuse that you won't be grandfathered in until I get the upgrade for all platforms. In other words he started making up the rules as he went along in order to get past the grandfather clause. I still haven't gotten the upgrade because of this even though I am supposed to be grandfathered in. In addition, I originally got the version for Sierra Charts but then wanted to switch to NT. He now wants to charge me $300 for the switch, when there is nothing on the site about that being the case before you buy. So Mike started out as legit but then seeing that he wasn't going to get any more money from those that are supposed to be grandfathered, he started making stuff up to get money out of them.

David_R 

I hadn't thought about the grandfather, but you are right. If you have to pay for upgrades then what is the GF for. I did pay to switch to sierra from NT. I don't recommend NT. Too many lag issues and platform management rules to prevent the lag. I was happy about the $300, but had it with NT. I also feel that if one can get profitable $300 or $450 could be one trade. I don't know what else to use. Bare charts don't work for me and I don't want the typical MACD or stochastic although they may work so I paid and moved on. I think Mbox is powerful, but one has to be patient and wait for the good setup to pressent itself.. if we can do that we can make a good living. I've yet to get there.

Well I rejected the $300 on the basis of it was never disclosed this would be the case before I bought. So that's not right. Even dishonest. I've gone back to NT so that's what I would like to try and use it on. Basically I've been ripped off and so have you. He didn't keep his word on the grandfathering.

David_R 

Mboxwave 3.0 is the latest version of the software. Now instead of Delta and Volume on the price chart there is only one number. Mike refers to that number as supply or demand. He has a new algorithm that is used in the calculation of those numbers as well as in the Mbox Histogram, Cumulative Delta and the Xpace. Xpace is a newer version of MPace and is filtered. There is another new indicator X Kontrol. That's the Dots on the price bars. They are varying is size from small, medium to large depending on the amount of control in the Bids or Offers. I find this easier to read than the prior version. nq

How is your experience with Mbox, can you be consistent with the Mbox set up ?

snake07 

How is your experience with Mbox, can you be consistent with the Mbox set up ?

I've come to the realization that if a method has some kind of an edge, or at a minimum provides trade setups that gives larger winners than losers than it comes down to the individual. I feel Mbox is a good approach or method . The software is not based on lagging indicator readings, so that is a positive in my book.

Me personally, I don't trade well, but I don't blame the software. I'm impatient and lack discipline. If you ever watch Mike's trade videos you will see he is extremely patient and disciplined. So yes, I believe one can be consistently profitable with Mbox but not because of the software, but the implementation of it.

David

David_R 

I've come to the realization that if a method has some kind of an edge, or at a minimum provides trade setups that gives larger winners than losers than it comes down to the individual. I feel Mbox is a good approach or method . The software is not based on lagging indicator readings, so that is a positive in my book. Me personally, I don't trade well, but I don't blame the software. I'm impatient and lack discipline. If you ever watch Mike's trade videos you will see he is extremely patient and disciplined. So yes, I believe one can be consistently profitable with Mbox but not because of the software, but the implementation of it. David

Agreed, become trading successfully, software is only part of the equation, emotion & discipline playing a major part but we all have to start somewhere, software is something we can get as a starting point and work on, improve other parts over time.

I've been considering the 2 vendors, Mbox and Pure Financial Academy, I've been reviewing videos from both parties and both of them use supply/demand methodology, I have to agree with you Mbox does show an edge, he's using supply/demand imbalances as well as delta volume to confirm turning points in the market. I've done more search and found out Mbox is more popular and found some people show them on youtube, I also found he's on Ninja Trader webcast 2 years ago.

He has had a webinar through Ninjatrader more recent than 2 years ago. He did one regarding version 3.0 of the indicators. Worth a watch. Mbox is also beneficial for pullback trades as well.

snake07 

Agreed, become trading successfully, software is only part of the equation, emotion & discipline playing a major part but we all have to start somewhere, software is something we can get as a starting point and work on, improve other parts over time. I've been considering the 2 vendors, Mbox and Pure Financial Academy, I've been reviewing videos from both parties and both of them use supply/demand methodology, I have to agree with you Mbox does show an edge, he's using supply/demand imbalances as well as delta volume to confirm turning points in the market. I've done more search and found out Mbox is more popular and found some people show them on youtube, I also found he's on Ninja Trader webcast 2 years ago.

David_R 

He has had a webinar through Ninjatrader more recent than 2 years ago. He did one regarding version 3.0 of the indicators. Worth a watch. Mbox is also beneficial for pullback trades as well.

I pulled the trigger and got the grandfather package, are you still in Mbox Discord ? I saw David_R in there, not sure if it were you ?

snake07 

I pulled the trigger and got the grandfather package, are you still in Mbox Discord ? I saw David_R in there, not sure if it were you ?

Congratulations. Yes, that's me.

I was looking at the system and then noticed Matt Bowen (nobstools.com) also has a very similar system, has anyone got any thoughts on which one they like better?

I think Matt used to be involved with Mbox. Thanks….

One massive difference on NT8 is that Matt’s system needs Replay Data. Mboxx doesn’t. Replay data can slow down some computers.


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