NexusFi: Find Your Edge


Home Menu

 





Back to the Future


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one BTTFT Michael with 27 posts (40 thanks)
    2. looks_two gg80108 with 26 posts (23 thanks)
    3. looks_3 tradingonvolume with 20 posts (44 thanks)
    4. looks_4 dandxg with 16 posts (0 thanks)
      Best Posters
    1. looks_one Big Mike with 3.1 thanks per post
    2. looks_two tradingonvolume with 2.2 thanks per post
    3. looks_3 BTTFT Michael with 1.5 thanks per post
    4. looks_4 gg80108 with 0.9 thanks per post
    1. trending_up 183,948 views
    2. thumb_up 402 thanks given
    3. group 76 followers
    1. forum 290 posts
    2. attach_file 63 attachments




 
Search this Thread

Back to the Future

  #91 (permalink)
 BTTFT Michael 
East Bend
 
Experience: Advanced
Platform: NinjaTrader, Tradestation, MetaTrader
Broker: Mirus/Kinetick
Trading: Futures, Oil, Gold, NQ
Posts: 50 since Mar 2010
Thanks Given: 2
Thanks Received: 67

The calculations of the markers are that simple. There's a little more to it than that. I am extremely uncomfortable with the idea of waking up and someday finding out 2 years of your life's work is now cracked and free to the world. LOL.

Upgrading is a constant endeavor. There's so much about Institutional trading that reveals itself the deeper you study it and follow cycles. Any programmer following this trail would have a hard time not upgrading and enhancing what they saw and learned along the way.

I never used to believe this stuff was going on. I thought everything I was watching was random.

Support and resistance lines are another unexplored universe. Some traders are using floor pivots etc vs looking at the price support and resistance levels that have actually been established by the players. You can calculate those levels with the aid of a quad-core vs the pen and paper analysis that Gann had to use.

Follow me on Twitter Reply With Quote

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Exit Strategy
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Deepmoney LLM
Elite Quantitative GenAI/LLM
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
18 thanks
The Program
18 thanks
  #92 (permalink)
 
Dragon's Avatar
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
Posts: 491 since Aug 2009
Thanks Given: 747
Thanks Received: 259

Seriously something wrong here. How can you charge $2000 for products and not let potential buyers ask questions? I always do research before a major outlay like that.

Visit my NexusFi Trade Journal Reply With Quote
  #93 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,537


Moderator Notice
Moderator Notice


We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #94 (permalink)
 tonychan 
Singapore
 
Posts: 2 since Jun 2010


tradingonvolume View Post
Yes, anything with the trend does better. I just looked up breifly what JeffDots were and you're not going to get the same or even close entries let alone be told in advance when those turns should come in. Notice how I'm always getting in right on the pivots. JeffDots need a MA to cross. I just need exhaustion at Support and the right time.

I would never encourage anyone to buy anything. If you're any good at programming you could in fact do it yourself. johnthom's probably already got a few ideas brewing. I jut chimed in on the thread because there was false information being posted.

I'll keep posting trades.


can you post the chart?

Reply With Quote
  #95 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,537

Moderator Notice
Moderator Notice


We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #96 (permalink)
 Nimble 
CA
 
Experience: Intermediate
Platform: NinjaTrader,JTrader,ThinkOrSwim
Broker: IQFeed
Trading: ES, ETF
Posts: 14 since Aug 2009
Thanks Given: 5
Thanks Received: 20

I own the indicator. I bought it because it is how I traded. Every night I went through charts of past weeks to match patterns. So when I saw the indicator I knew it could help me. It is not magic, it does not predict. It simply gather stats from the look back days against the indicator you choose (moving average, or their AMACD).

In trading, a few things things come into play, price, time, volume, money mgmt. if you can get all right you are golden. What flux gives me is the time aspect. So, you do not use it alone, use it with your other price based indicators that will confirm the turning point. Although they emphasize the direction, it is more effective using it for turning points rather than for the direction.

They claim 20 trading days look back days is useful (30 days on the indicator). I look at 5 trading days, 10 trading days and 20 trading days and give weight to 5. I trade legs when all the three coincide in a particular direction.

I have used it for over 9 months now on the ES only. And I can confirm that on the turning points is more than 70% correct for the ES during CASH hours. Michael also claims it is 70% accurate in general. I do not keep track on paper, I use it to gauge what time I should wake up everyday or what time I should come back to my desk All I know that if it is not right most of the time, I would not look at it every night

New buyers of the indicator will come up with ways to use that indicator. If the system is good, usually they share with the rest of the subscribers. Both Mike and Ron are honest and helpful people, but perhaps not the most experienced traders or best organized business. They keep statistics of the some systems they prescribe, but not all. They archive past video trainings, but slow.

Anyway, I thought I would offer a fair review of the product.

Nimble

Reply With Quote
  #97 (permalink)
 Tallyho 
Toronto
 
Experience: Intermediate
Platform: Infinity AT, MTP, Neo Ticker charts
Broker: InfinityAT, IB
Trading: Futures, Fx
Posts: 7 since Jul 2010
Thanks Given: 28
Thanks Received: 2

Nimble- thx for your post.

I wondered how you found their Flux Capacitor support & training?? that's where I find the challenge/frustration with past trials at other companies.

Especially in the email support area where you do your best to type a clear email question and they read only part of it and give either an answer to a different question or end up telling u something trial/ obvious that obviously wasn't what you were asking for.

Thx

Reply With Quote
  #98 (permalink)
 dandxg 
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
Posts: 178 since Nov 2009
Thanks Given: 164
Thanks Received: 77

I actually think Michael and his group are straight shooters. One thing that troubles me is they no longer do presentations during live market hours? Its always after the trading day these days. That and I always wonder why they can't do better than 70% accuracy with their advanced data mining.

Reply With Quote
  #99 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
Platform: ALT
Trading: ES
Posts: 625 since Jan 2010
Thanks Given: 356
Thanks Received: 1,127


dandxg View Post
advanced data mining

Thats marketing at its best. They look at 3 moving averages in a unique way to discern how price moved in relation to those averages in the past, and map that onto the future. The real secret sauce is making that happen in NT, as it does not map into NT very well.

Reply With Quote
  #100 (permalink)
 Nimble 
CA
 
Experience: Intermediate
Platform: NinjaTrader,JTrader,ThinkOrSwim
Broker: IQFeed
Trading: ES, ETF
Posts: 14 since Aug 2009
Thanks Given: 5
Thanks Received: 20



Tallyho View Post
Nimble- thx for your post.

I wondered how you found their Flux Capacitor support & training?? that's where I find the challenge/frustration with past trials at other companies.

Especially in the email support area where you do your best to type a clear email question and they read only part of it and give either an answer to a different question or end up telling u something trial/ obvious that obviously wasn't what you were asking for.

Thx

You will get enough help to get the software set up and installed. The daily trading room(free for customers) is there to provide help to how to use and read the indicators. The webinars (recorded) will provide interesting concepts and systems by other users. The user forum is not useful.

Ron will respond to questions about set up very quickly. You will have no problem with installation for sure

They will only teach you to trade the basic three systems (stop light, fm16, jurik) according to rules. Stop light is a counter trend system, not my style. Jurik is a scalp system, also not my style. FM 16 more my style (3 pts or more), but I find it not much difference than what I already use so I just kept using my stuff.

In other words, if you don't already have a system, you will find yourself getting little help on discovering the systems and make the indicator work for you . What they can help you with is steps to take to discover your system, and tools you can use to improve money management (mainly using Adaptrade's MSA).

Reply With Quote
Thanked by:




Last Updated on January 26, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts