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MBOXX ( similar to Weis Wave )/Wyckoff


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MBOXX ( similar to Weis Wave )/Wyckoff

  #161 (permalink)
 NGtrader 
Burnaby, BC Canada
 
Experience: Advanced
Platform: Ninjatrader
Broker: Ironbeam, Kinetick
Trading: ES, CL, RTY
Posts: 233 since Apr 2014
Thanks Given: 758
Thanks Received: 201

Also I'm only using level 1 market data for stocks. A buddy of mine told me about Zoom but unfortunately I was tired of looking at the screen and about to go outside for a run. Here is how it looked on MBox.

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Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Cheap historycal L1 data for stocks
Stocks and ETFs
Trade idea based off three indicators.
Traders Hideout
Quant vue
Trading Reviews and Vendors
REcommedations for programming help
Sierra Chart
 
  #162 (permalink)
 theprophe 
no fixed address
 
Experience: Intermediate
Platform: edgeprox,bookmap
Broker: Edgeclear
Trading: Mes
Posts: 52 since Nov 2010
Thanks Given: 49
Thanks Received: 42

Thanks for the chart, I used to be in ZM but got out last week for a small loss, 334 was a key level, the action today was so strong after it breached it

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  #163 (permalink)
 iq200 
London, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
Posts: 408 since Jun 2010
Thanks Given: 145
Thanks Received: 278


On his youtube, MBoxMike uses Sierra Charts platform which I do not use.
Now I was looking through forums and when you are in Sim mode, Sierra Charts puts the word SIM on the title bar. However I don't see the title bar on any of his videos. Can anyone who frequents his room confirm if he trades live or sim?

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  #164 (permalink)
 zextra 
Mountain View CA
 
Experience: Beginner
Platform: Sierra Chart
Trading: EUR/USD
Posts: 21 since May 2013

I use Sierra Chart. Open your Chart Trade Window while you are in Sim mode and you will see Sim1 in the drop down list of accounts. On Mike's videos you can see his account number in the Chart Trade Window. If it was sim it would show Sim1 instead of the Account number. And you would see the word "[Sim]" on the chart itself. My guess is the title bars are filtered from the video to maximize vertical pixels so you see more of his trading screen.

On one of the YouTube comments on his videos someone asked if it is a Sim account. Mike responded showing this image what the chart would look like if it was in Sim Mode



I am very grateful to Mike and for his videos, they have been a wealth of information for me and a gold mine. I have yet to see other vendors providing such quality videos, and all that for free. The videos and Mike's knowledge of the markets has improved my trading substantially.


iq200 View Post
On his youtube, MBoxMike uses Sierra Charts platform which I do not use.
Now I was looking through forums and when you are in Sim mode, Sierra Charts puts the word SIM on the title bar. However I don't see the title bar on any of his videos. Can anyone who frequents his room confirm if he trades live or sim?


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  #165 (permalink)
 iq200 
London, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
Posts: 408 since Jun 2010
Thanks Given: 145
Thanks Received: 278


zextra View Post
I use Sierra Chart. Open your Chart Trade Window while you are in Sim mode and you will see Sim1 in the drop down list of accounts. On Mike's videos you can see his account number in the Chart Trade Window. If it was sim it would show Sim1 instead of the Account number. And you would see the word "[Sim]" on the chart itself. My guess is the title bars are filtered from the video to maximize vertical pixels so you see more of his trading screen.

On one of the YouTube comments on his videos someone asked if it is a Sim account. Mike responded showing this image what the chart would look like if it was in Sim Mode



I am very grateful to Mike and for his videos, they have been a wealth of information for me and a gold mine. I have yet to see other vendors providing such quality videos, and all that for free. The videos and Mike's knowledge of the markets has improved my trading substantially.

I was in no way doubting MBOX Mike - apologies to anyone including Mike if my post had implicated that he was on Sim - I perhaps worded it incorrectly. I simply had no clue about Sierra Charts and had been wondering how to identify from the videos he posts. Suggestions on google had said it was in the titlebar. Thank-you for clarifying.

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  #166 (permalink)
omrangassan
Riyadh - Saudi Arabia
 
Posts: 35 since Aug 2012
Thanks Given: 7
Thanks Received: 5


nttradert View Post
I use MBoxWave tools in my trading every day (mainly MWave chart/Mboxwavehistogram) as my primary indicators - fairly successfully.

There are a number of indicators as part of the package and additional indicators/algos are added on a regular basis.

Make sure you are running the latest version of NT8 as previous versions of NT did not always play well with the indicators.

There are a few different pricing models, but if you want continuous updates go for the grandfather package as that covers everything and there is generally a new indicator every 2 months or so.

Mike, the developer, has always been prompt in his replies when I have had queries, suggestions or a problem (so far has always been a problem with my PC/NT config and not the tools).

There is also an offer for access to a trading room who use the tools every day and provide training, mentorship and advice. The guys in the room are all successful traders (sadly no Trump jokes allowed though), who I feel go out of their way to help you. Although I do not trade the same systems as them, they provided me with great additional knowledge on Wyckoff and using the mboxwave tools in my trading as well as learning how trading should be done.

I initially bought the product a number of months ago, before the additional pricing models were available, but was able to upgrade at a good price, went all in and have no regrets.

I think the match of a great product with training from a great team of knowledgeable profitable traders is a fantastic match and I highly recommend both mboxwave and the training room.

Out of all the money I have spent (wasted) over the years, this is one of about 4 things I've purchased that has contributed to me becoming a better and successful trader.

tomC


what are the 4 things you bought and you find to be good ? beside mboxwave

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  #167 (permalink)
 jalley 
La Grange, CA USA
 
Experience: Intermediate
Platform: Ninjatrader, MetaTrader
Broker: NinjaTrader Brokerage
Trading: MES, MNQ, M2K, MYM
Posts: 25 since Jun 2020
Thanks Given: 14
Thanks Received: 7

Is there a similar indicator here to the MBoxHistogram?

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  #168 (permalink)
 fryguy2 
Boulder + CO
 
Experience: Intermediate
Platform: NT , MT4
Trading: Emini
Posts: 70 since Jul 2016
Thanks Given: 6
Thanks Received: 24

Why not have to trading room open for guest for a few days. So they can potentially talk to real students. Anyone can write glowing reviews on their site.

His indicators do lag.

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  #169 (permalink)
 zextra 
Mountain View CA
 
Experience: Beginner
Platform: Sierra Chart
Trading: EUR/USD
Posts: 21 since May 2013


fryguy2 View Post
Why not have to trading room open for guest for a few days. So they can potentially talk to real students. Anyone can write glowing reviews on their site.

His indicators do lag.


I think you have the wrong idea for how the room works. It is a support community and trades are not called out per se. Some traders share their trades, but it is not meant for copying, but for learning. Other members chime in when you share your analysis and if you didn't understand something correctly.

The purpose is to learn how to trade, not being spoon fed. If you don't have the MBoxWave indicators, you won't know what's going on. You should read what the room is and what you can expect from it, as it is exactly spelled out on this page https://mboxwave.com/mboxwave-trading-room . From what Mike has said many time (including from last webinar), the room is free, not something you are paying for and that is why there are no guest passes. I imagine if it was a paid room, then he would give guest passes. The goal is to bring the MBoxWave traders together, and to benefit from that you have to have the indicators.

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  #170 (permalink)
 fryguy2 
Boulder + CO
 
Experience: Intermediate
Platform: NT , MT4
Trading: Emini
Posts: 70 since Jul 2016
Thanks Given: 6
Thanks Received: 24



zextra View Post
I think you have the wrong idea for how the room works. It is a support community and trades are not called out per se. Some traders share their trades, but it is not meant for copying, but for learning. Other members chime in when you share your analysis and if you didn't understand something correctly.

The purpose is to learn how to trade, not being spoon fed. If you don't have the MBoxWave indicators, you won't know what's going on. You should read what the room is and what you can expect from it, as it is exactly spelled out on this page https://mboxwave.com/mboxwave-trading-room . From what Mike has said many time (including from last webinar), the room is free, not something you are paying for and that is why there are no guest passes. I imagine if it was a paid room, then he would give guest passes. The goal is to bring the MBoxWave traders together, and to benefit from that you have to have the indicators.




Not looking for trades from the room or be spoon fed. Just to have the ability to chat with current users. The ability to hear the pros and cons from actual users. You only will her good things from the seller.

The channel is on Discord. It's not costing him anything to run it. Vinny E-Mini runs a discord channel also and anyone can freely join and talk to current users and view past trade screen shots.

The seller is looking to charge over $1k for something, you have no ability to demo. Atleast with Vinny The-Emini guy, you can get on the channel and demo the software for free.

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