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Viper Trading Systems Indicator
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Viper Trading Systems Indicator

  #151 (permalink)
Trading Apprentice
Montreal
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CannonTrading /
Favorite Futures: Crude, TF
 
PiCoTrader's Avatar
 
Posts: 40 since Mar 2010
Thanks: 148 given, 47 received

ronan2505 my TsSuperTrend setup is default .
I only changed downtrend and uptrend plot settings to "line solid 3px.

I am sorry for the delay but I am on vacation in a Punta Cana resort for 2 weeks
and I will only trade the opening bell Wednesday and Thursday so I did not get the internet in my room before today.

good trading!

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  #152 (permalink)
Just starting out...
Capitol City,NC
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: NQ
 
Posts: 7 since Jan 2010
Thanks: 1 given, 0 received

Here is a screenshot of Gary in a live trade. As Big Mike said, it's impossible to tell if it's his real account. He is obviously ignoring the viper rules since two bars closed above the viper line.

Attached Thumbnails
Viper Trading Systems Indicator-gary.jpg  
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  #153 (permalink)
Trading Apprentice
Montreal
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CannonTrading /
Favorite Futures: Crude, TF
 
PiCoTrader's Avatar
 
Posts: 40 since Mar 2010
Thanks: 148 given, 47 received


sorry rubberduck but you got it wrong.

their rules are:

1. wait to see viper change color to green
2. wait to see the up arrow
3. wait for the trend to turn green
4. wait for a pullback
5. confirm the trade up and enter long

your snapshot show price action in the "no man's land" area and is just a retrace testing the previous swing.
The retrace passed the swing and is probing deep in the zone but still have resistance to break in this choppy zone.
Those two bars up are a quick scalp for some buyers and pressure for limit sellers.

and for a real account or not....it doesn't matter since the system works like a charm.


Just take what you need from any vendor to make you a better trader and leave.

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  #154 (permalink)
Just starting out...
Annapolis, MD
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: Mirus
Favorite Futures: Futures
 
Posts: 23 since Mar 2010
Thanks: 5 given, 5 received

Anyone still trading this hodgepodge of junk? They now have new products, AutoElite, Breakout and a few others.

It seems to me they keep changing products to stay ahead of their losing prior products.

How many new strategies have they come out within the past 6 months? That should tell us something.

When you have a good thing going you do not change it or fool with it. They obviously never got a good thing going.

Jack

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  #155 (permalink)
Membership Revoked
United States of America
 
Futures Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009
Thanks: 262 given, 471 received


jgreene View Post
Anyone still trading this hodgepodge of junk? They now have new products, AutoElite, Breakout and a few others.

It seems to me they keep changing products to stay ahead of their losing prior products.

How many new strategies have they come out within the past 6 months? That should tell us something.

When you have a good thing going you do not change it or fool with it. They obviously never got a good thing going.

Jack

perryg was one of their stout defenders, but we haven't heard from him.

They excel in marketing Rube Goldberg trading methods that never work. With all the information available on the Internet to anyone who isn't too lazy to search, it's a wonder that anyone gives these people money.

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  #156 (permalink)
Elite Member
Rechovot
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: Index,Currency and Energy futures
 
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Posts: 1,703 since Jan 2010
Thanks: 504 given, 6,258 received


Zoethecus View Post
perryg was one of their stout defenders, but we haven't heard from him.

.

Zoethecus,


You have nothing to hear from me regarding this issue, and I am sorry to see that you once again DISTORT the facts, as you have done so much in the past. I do not support or defend one or the other, but you constantly attack people on a personal basis, and not on a professional basis regarding their methods. I still regard personal attacks on people distructive. If you can point out professionaly WHY their trading method are wrong please do so, if not better keep your thoughts to yourself, and do not distort my previous posts to you in any other way other than what I had written to you pointing out your obessions and destructive methods of communication.

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  #157 (permalink)
Membership Revoked
United States of America
 
Futures Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009
Thanks: 262 given, 471 received


perryg View Post
Zoethecus,


You have nothing to hear from me regarding this issue, and I am sorry to see that you once again DISTORT the facts, as you have done so much in the past. I do not support or defend one or the other, but you constantly attack people on a personal basis, and not on a professional basis regarding their methods. I still regard personal attacks on people distructive. If you can point out professionaly WHY their trading method are wrong please do so, if not better keep your thoughts to yourself, and do not distort my previous posts to you in any other way other than what I had written to you pointing out your obessions and destructive methods of communication.

Now if you consider it "personal" that I bring it to the attention of the community these methods don't work (and there are many others who have paid and agree with me), then I think you might have your own agenda in defending Viper. But you never published you results using it, so I'll go out on a limb and say they didn't work for you either.

So, at the risk of being redundant, let's settle this once and for all: the methods are "wrong" (to quote your word) because they DON'T WORK, meaning they won't make a profit. I don't know how to make that any more "professional" to appease you. It is what it is.

Today's Viper systems, both discretionary and automated, will be abandoned by the company in a few months (like ALL of the others they've sold) and new ones will be peddled with new names. And those won't work either. That's their modus operandi.

Period. End of discussion.

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  #158 (permalink)
Elite Member
Washington DC
 
Futures Experience: Intermediate
Platform: NinjaTrader
 
Posts: 214 since Jun 2009
Thanks: 110 given, 115 received


Zoethecus View Post
Now if you consider it "personal" that I bring it to the attention of the community these methods don't work (and there are many others who have paid and agree with me), then I think you might have your own agenda in defending Viper. But you never published you results using it, so I'll go out on a limb and say they didn't work for you either.

So, at the risk of being redundant, let's settle this once and for all: the methods are "wrong" (to quote your word) because they DON'T WORK, meaning they won't make a profit. I don't know how to make that any more "professional" to appease you. It is what it is.

Today's Viper systems, both discretionary and automated, will be abandoned by the company in a few months (like ALL of the others they've sold) and new ones will be peddled with new names. And those won't work either. That's their modus operandi.

Period. End of discussion.

I am afraid at this point, I have to totally agree. The biggest joke of all was them saying they'd grandfather in the original clients, when the new price came, but then they abandoned everything, to switch to the new stuff. So the original users are grandfathered into nothing.

Frankly I wouldn't pay a dime for anything Rick has had his hand in.

Pete

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  #159 (permalink)
Membership Revoked
United States of America
 
Futures Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009
Thanks: 262 given, 471 received


Peter2150 View Post
I am afraid at this point, I have to totally agree. The biggest joke of all was them saying they'd grandfather in the original clients, when the new price came, but then they abandoned everything, to switch to the new stuff. So the original users are grandfathered into nothing.

Frankly I wouldn't pay a dime for anything Rick has had his hand in.

Pete

Peter, I took you off ignore.

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  #160 (permalink)
Just starting out...
Annapolis, MD
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: Mirus
Favorite Futures: Futures
 
Posts: 23 since Mar 2010
Thanks: 5 given, 5 received


They are now boasting new products such as authtraderelite and another less expensive autotrader.
They state over night trading is generating large wins to the tune of $1,000 +.
Anyone still a member and getting these results?

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