Flux Capacitor - by Back to the Future - Trading Reviews and Vendors | futures io social day trading
futures io futures trading

Flux Capacitor - by Back to the Future
Updated: Views / Replies:111,041 / 281
Created: by Alan Attachments:66

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Flux Capacitor - by Back to the Future

  #281 (permalink)
 Vendor: backtothefuturetrading.com 
East Bend
Trading Experience: Advanced
Platform: NinjaTrader, Tradestation, MetaTrader
Broker/Data: Mirus/Kinetick
Favorite Futures: Futures, Oil, Gold, NQ
Posts: 49 since Mar 2010
Thanks: 2 given, 64 received

RE: The $6,000 man

Hello Friend,

It's important to note a few things here - if you would pass them along to your friend.

The software we've engineered isn't a stand along, black-box trading system. Its an analysis tool - on par with a volume indicator, or an order flow analysis tool. A black box trading system, or what is commonly referred to as an "up arrow down arrow" system is historically marketed as a "take every signal get rich" narrative....something we don't participate in because without exception, such ploys are one way roads to account losses.

Historically, the overwhelming number of traders use non-black box analysis tools - like volume or time, as a confirmation indicator to verify a setup they are studying. In the case of a TIME tool, a trader might examine a particular window of time, seeing that historically the market has a recurrence of buying activity in a certain window of time over a period of a few week's look back.

Some traders will also use an analysis tool like volume, OFA, or in our case TIME as a stand alone entry. That's fine, provided 3 boxes are "ticked off" in the process. Something I hope your friend follows procedurally speaking

A. Define a setup. Setup defined as having a mechanical entry with non-discretionary rules. I historically advocate a trend following entry - as in my experience about 60%+ traders that are reporting net profitability are trend trading. Minimally a 2:1 risk reward ratio (or higher) averaging around a 44-46% profitability. I also think a break even component is great to involve, ie not letting a winner turn into a loser. I find that a BE component at 150% of risk is a great place to start.

B. Backtesting the setup prior to using any live money in trading. Generally speaking, we want to see new users with a 100-200 data point backtest which carries a margin of error of +/- 10%. Once the backtest of the setup is complete, a forward test that has no more than a 10% degradation of success in SIM to verify the setup is achievable (good fills, no horrific slippage, etc)

So if your friend was using the standard Warp settings on a YM3M chart, I'd explore a model like this one (if he was attempting a stand alone signal only entry model)


There's a known stop (above the line) with a 2:1 RR at each of the entry points (I draw a FIB with a 0,100, -150, -200 to help me draw it out for stops and targeting quickly). In a scenario like that, we ignore the countrend timing windows and focus on the trend windows (times that align with the prevailing trend, ie 120EMA or whichever trend line a trader is comfortable using).

C. A developed money management plan, on par with what Ryan Jones teaches in his book, "The Trading Game". I advocate an equity curve SMA crossover strategy for new traders to help them identify when to be live, and when to be in SIM. In a trend trading model for example, using any methodology for entry, it's not uncommon for markets to go into a consolidation phase where the model is ineffective. Jone's money management strategy (using the SMA crossover technique) can prevent horrific drawdowns, and create a plateau effect - waiting for the trend conditions which are favorable to the model to come back.

There's a great free tutorial that expands on those concepts of risk management here - if you can pass along to your friend:


Also, important to note as a software engineering company (vs. a CTA or trading room) customers don't share their personal account information with us usually. If I knew who the person was (you can PM me if you want) I'd advise them that they are probably severely undercapitalized at a $6,000 account. A $500 drawdown equates to a nearly 10% account drawdown which historically derails a trader psychologically and causes them to abandon their mechanical rulesets and do the typical things (move stops/targets/average in/deploy discretion randomly/analysis paralysis etc).

A 6K account would almost necessitate these 3 steps outlined be followed religiously IMO to preserve the capital in the account.

If you'd like to meet - the 3 of us (you and your friend) I'd be happy to include you both in the conferences. We can record the sessions...build a strategy together with him - go over the rules, do the backtesting, monitor the forward testing, and then construct the money management protections before he goes live with anything. If we follow that process, he shouldn't be live trading until at least 4-5 weeks from now. Let me know via email if that's something you'd like to do (Michael@backtothefuturetrading.com).

If he doesn't follow those steps, I'd agree with you wholeheartedly - he might as well put it down on Brady as his chances would be better.


TheBenefactor View Post
I guess we will find out about this Back to the Future indicator.

Without consulting me, a friend ordered it last week.

He has only traded stock options before so any success he achieves will certainly not be attributed to his expertise.

In 35 years of trading "I have never found some black box guru stand alone software that consistently made money."

But if you guys want I will report on his results.

He will trade one contract on the Dow YM with a $6,000 account.

I said he might have a better chance at taking a $6,000 bet against Tom Brady this weekend but he is adamant.
We will see.

Please send me a Private Message if you have any questions about BTTFT services
Reply With Quote
The following 2 users say Thank You to BTTFT Michael for this post:
  #282 (permalink)
Trading Apprentice
Pensacola FL
Trading Experience: Master
Platform: sierra chart
Favorite Futures: Emini YM
Posts: 36 since Jun 2016
Thanks: 7 given, 54 received

Bad football bet

Shows you not to take my football bet advice.

My friend would have lost his $6,000 betting on Brady, LOL.

Good news about my friend. His $6,000 account is up to $10,300.

He did not provide an accurate accounting of the software. He also began subscription to a trading alert service ( I will not mention their name because I would be rightfully labeled a promoter and I do not subscribe).

One of the traders in the service got my friend short the day after I posted his test of the software on Friday. As luck would have it he immediately caught a runner.

While he was short (been mostly short this week) he was catching great runners.

He did monitor the BTTF signals but could not take them because he was already in a trade.

He did report that the short signals looked very good and timely the long signals not so good but a couple could have made a little bit.

That of course is not useful as a report. Just wanted to update people.

Maybe next week he can come up with a better, more meaningful report.

Thanks for your ideas Michael BTTF. I was able to give my friend a few ideas. I had a significant career with a couple of our top investment banks in New York. We managed corporate underwriting and trading.

If we did not manage risk properly our careers would have been finished.

That is why I did not bet for or against Brady. I do not professionally understand sports bookings.

Maybe in my next life I will run a Vegas book, LOL.


Reply With Quote
The following user says Thank You to TheBenefactor for this post:


futures io > > > Flux Capacitor - by Back to the Future

Upcoming Webinars and Events (4:30PM ET unless noted)

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

60 Minutes to Better Decisions & Better Trades w/Agustin Lebron

Elite only

Live Day Trading the E-MICROS w/Ilan @ Cannon (special time: 12PM ET)

May 30

Similar Threads
Thread Thread Starter Forum Replies Last Post
Seeing into the future...with Cycles. NMTrader Traders Hideout 40 October 17th, 2011 03:01 AM
Flux Capacitor - Off-topic version sharky Off-Topic 33 October 11th, 2011 08:37 AM
Back to the Future! Back testing multi time frame strategy trades occuring in future mrticks The Elite Circle 10 April 2nd, 2011 09:54 AM
Back to the Future Trading Indicators spikoloco Trading Reviews and Vendors 3 December 8th, 2010 09:24 PM
"Back to the Future" Flux Indicator? cbtrade Trading Reviews and Vendors 2 July 22nd, 2010 05:05 PM

accumulation, adaptrade, ai, algo, algos, amp, analytics, ats, automated systems, average, back test, back testing, backtest, backtested, backtesting, bid/ask, buy, cancelled, chaos hunter, chat, cl, code, combine, confluence, convergence, courses, crude, crude oil, data, data mining, delete, developer, discretionary, distribution, dow, downloading, drawdown, el, elite, email, energies, error, es, est, feedback, forecasting, forex, forex robots, futures, gc, genetic_optimizer, guru, holy grail, holy_grail, how to, how to trade, indexes, indicator, indicators, information, institutional, instrument, intraday, jigsaw, journal, jurik, limit, list, living, london, lookback, margin, monte carlo, mt4, neuroshell, new york, news, ninja, nq, options, orders, pairs, paper, patterns, people, platform, price action, pro trader, programming, quant, ram, recurring, regression, repeating, retracement, retracements, reversals, review, risk reward, sample, scalping, science, search, short, sierra, signals, size, sp, statistics, stocks, strategies, strategy, strength, support, swing, systems, technology, templates, tf, tick, time zones, top, traded, trading, trading plan, trading room, training, trend, trial, type, volume, webinar, zinonlagma

All times are GMT -4. The time now is 04:28 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-05-24 in 0.26 seconds with 15 queries on phoenix