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Flux Capacitor - by Back to the Future


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Flux Capacitor - by Back to the Future

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  #31 (permalink)
fairfield, ct
 
Experience: Advanced
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Right on Dan, I felt the same way about the cost structure at 59...very cool ideas, but I think alot of software/education companies are missing the boat with cost structure. As the current trend is for more and more of these free-to-inexpensive trading communities continue sprouting up (like Mike's), I don't think that these companies realize that they'd get so many more clients, and probably happy clients, if they just simplified the structure to something like 100-250/month all-in....1000 clients, and you know what a good month looks like lol. Instead, they mostly opt for the 2 grand here, 600 there, 4 grand here, and 299/month. I never understood that. I'm not much of a Tradethemarkets fan, but wow, what a business model, $295/month at 1000+ users...300+k/month...and they are still stuck in squeeze land...amazing. I guess they sell all sorts of junk too...but the potential to earn that much in a month, makes you think the priority should be a reasonable monthly rate and forget all these extra expenses.

anyway, Back to the Future (lol), or the present or whatever. Like you said, I think it's data mining, pattern mining, cycle mining, using a bit of something similar to Hurst stuff....there's an esignal indicator guy at site: sr-analyst, I believe his name is Chris, he's got a Hurst-like cycle projection package he calls Cycle Pack that kind of does this flux stuff on the esignal platform for $30/month. I think it's all very interesting. It's funny listening to the Flux sales pitch, mentioning Gann, Elliott, this guy and that guy...do you believe, don't you believe??? I think they would attract more people if they just said, 'Hey, complex computer algos search the data, find statistically powerful sets, and project them..." Sales is tough, I guess. I'm excited down the road, when I have some more money to play with, to experiment with neural net/genetic prediction models...I'd like to add volume cycles to the data sets.
-best wishes always,
Brian

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  #32 (permalink)
Denver, Colorado
 
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I just stopped into EOT's room, I took a month off, and they have neural nets running, hmm? Pretty cool I have yet to see it in action.

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  #33 (permalink)
Denver, Colorado
 
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So I contacted Mordi as Banbrooke suggested and he is leaving the company? Kinda strange. The guy whom runs their F-16 room is bailing yet the indicator is supposed to work so well ? We'll see when I check out their webinar this week.

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  #34 (permalink)
Dallas,tx
 
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Dandxg

Mordi is leaving the company because he wants to be independent
i know that the FLUX works for him (he is my trading buddy and we sharing ideas)

did you go to the webinar? if so what do you think about the product?

ban.

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  #35 (permalink)
Denver, Colorado
 
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banbrooke View Post
Dandxg

Mordi is leaving the company because he wants to be independent
i know that the FLUX works for him (he is my trading buddy and we sharing ideas)

did you go to the webinar? if so what do you think about the product?

ban.

I thought it was pretty impressive. Like I told Michael I want to see some more forecast and predictions ahead of time not historical results. He is supposed to be sending me some for tomorrow.

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  #36 (permalink)
Providence, Rhode Island, USA
 
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I own this indicator. I bought it from the original programmer before back to the future bought it and butchered it with marketing.
It has valid logic behind it in terms of cycles. You just can't trade it the way they teach. It sucks for that. It was $300 when the original guy was selling it and then Michael, who doesn't trade, is selling it for 2k. For that much it's not worth it.
So, it does work, just not like they think. LOL.

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  #37 (permalink)
Denver, Colorado
 
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tradingonvolume View Post
I own this indicator. I bought it from the original programmer before back to the future bought it and butchered it with marketing.
It has valid logic behind it in terms of cycles. You just can't trade it the way they teach. It sucks for that. It was $300 when the original guy was selling it and then Michael, who doesn't trade, is selling it for 2k. For that much it's not worth it.
So, it does work, just not like they think. LOL.

Please elaborate would you? Who is the programmer? I am considering buying it from them. Are you fading the indicator? I saw it live and I was pretty impressed. There were some losers. Just looking for some objective feedback. Good trading to all.

Dan

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  #38 (permalink)
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The person who wrote it is Ben at AffordableIndicators.com . I almost bought it when it was $300 but then they went and re-branded it. So it's not available any more for that price.

Since then I've been working on duplicating it as a background project (one of to many). It's fairly simple in that it does statistical averages of various previous days based on how you set it up. For example you can set it up to take the last ten Mondays and run it through the statistical averaging function they use and produce a prediction for the current day.

The indicator has inversions on a regular basis. To trade with the inversions they use other TA methods to not get faked out on the inversions. I believe that where the inversions happens is predictable and want to add this feature.

I believe it has merit but needs refined and definitely can't be used a standalone system but with other TA methods can be developed into a nice trading system.

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  #39 (permalink)
Providence, Rhode Island, USA
 
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jwiese View Post
The person who wrote it is Ben at AffordableIndicators.com . I almost bought it when it was $300 but then they went and re-branded it. So it's not available any more for that price.

I believe it has merit but needs refined and definitely can't be used a standalone system but with other TA methods can be developed into a nice trading system.

jwiesse is correct on both counts. It was available from Ben for about 6 months before Michael bought it. Ben is not part of the marketing team over there.

And yes if you wanted, and had the skills, you could duplicate it easily.

No I don't fade it nor do I trade it by itself. It is really cool in that it's fairly accurate. You must always have your own reasons to be getting in the trade ontop of this. That's what I do. I take my normal entries in line with this. I love cycles so this ties right in nicely. However you can't trade it as a stand-alone. Even how they scalp it sucks. Basic chart reading would get them far better entries since the signals are 'windows' of opportunity.

Would I personally pay 2000 for it? No. $300? yes. When Ben came up with it there was a lot of integrity and ingenuity behind it. When I hear Michael speak about it it takes away credability to something worth while. I'm sure some of the great coders here could duplicate it if they were so inclined.
I know a guy who replicated it exactly for tradestaion but it will never be shared or released due to copyright issues. He just kept it for personal use, nobody's seen the code but him but I had his screenshots to compare to my own and it was spot on.

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  #40 (permalink)
Denver, Colorado
 
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jwiese View Post
The person who wrote it is Ben at AffordableIndicators.com . I almost bought it when it was $300 but then they went and re-branded it. So it's not available any more for that price.

Since then I've been working on duplicating it as a background project (one of to many). It's fairly simple in that it does statistical averages of various previous days based on how you set it up. For example you can set it up to take the last ten Mondays and run it through the statistical averaging function they use and produce a prediction for the current day.

The indicator has inversions on a regular basis. To trade with the inversions they use other TA methods to not get faked out on the inversions. I believe that where the inversions happens is predictable and want to add this feature.

I believe it has merit but needs refined and definitely can't be used a standalone system but with other TA methods can be developed into a nice trading system.

Thanks much. When I watched the presentation Michael was suggesting filtering their trades with some proprietary S/R lines which did increase the accuracy.

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