I used Troy's stuff for about 3 months, Market Profile is just not my bag. I did not sign up for the three months based on ANY strategy offeres, rather I did it because I was interested in checking out MP and Rancho Dinero's stuff works w/ Ninja Trader. I found the support to be outstanding and the product performed flawlessly when I had it. If I was into MP (which I just don't get it) I would probobly still be using it.
Granted, some vendors are not the greatest, but Troy and Rancho Dinero are OK in my book. If you are an MP type of person I think they have a lot to offer; Market Delta is another great MP tool, but it does not work w/ Ninja and is considerably more expensive.
Can you help answer these questions from other members on futures io?
Enough of whatever you guys are arguing about back and forth. It is not your job to police threads.
If you have a problem with someone, use the ignore feature. If a post violates the rules of the forum, use the report post feature.
We do not allow bickering back and forth. We do not allow arguing. If you want to have a civil discussion and debate, then you are more than welcome to do so. But the tone of recent posts is argumentative, and is not welcome and will not be tolerated here.
Certainly, Market Profile isn't for everyone. Then again, everyone needs to find their own method. Whatever works is the rule, because in the final analysis, the goal is profitability over the long term.
The biggest reason for me using Rancho Dinero is because I attempted to use the various Market Profile tools from Elite Downloads on futures.io (formerly BMT), and while many are using them to great success, I am not a competent programmer. I found it too hard to get them working. I need a more plug and play arrangement. Online help is a requirement for anything I do from a technology standpoint.
And the Market Delta stuff, tho it looked good, wasnt available through my broker.
I trade off a 5 minute chart on the CL, and i found that some of the concepts of Market Profile useful in helping to plan my trading day and helps me to focus on areas in which I beleive good value exists.
Thanks for your imput. Troy seems like a standup guy when it comes to his business. And he has some great tunes on his video tutorials. It seems to me he is doing many things right.
Thanks for your imput.
The following 6 users say Thank You to VinceVirgil for this post:
I was beginning to think it was just me. I have looked at the concept, like the way the charts look ... but I haven't figured out how to make it work for me.
This is Not a criticism of the concept, any vendor or the traders who subscribe to the trading technique.
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
The following 2 users say Thank You to ThatManFromTexas for this post:
I agree with you, Rancho tools are great. I am a lifetime member and I love all the tools he has. I am not trying to pitch his tools to anyone, but I find them useful for anyone trading or thinking about trading using MP/VP. There are other vendors out there that you could use, eg fin-alg, but they do not have things like Composite profiles, micro composites, intraday profiles, volumerangeprofiles and many other volume studies for a MP/VP trader. Troy is a great guy. Like others have said, his customer service is great.
Again, if you are not trading MP/VP, then this is probably (definately) not for you.
just my 2 cents.
The following 10 users say Thank You to kulu for this post:
I'm a new member to Rancho Dinero's ACME tools and glad to see there is Thread here on Big Mike's. I new to Ninja Trader as well, so its been a big learning curve to trying to get everything set up.
So far "El Duque" has been very responsive to my questions and his videos are pretty helpful. However, I wish he just had a pdf with screen-shots instead. Or if he could narrate the videos instead of music. Just my preference.
Look forward to see other posts on their experience with the ACME tools and/or tips on taking full advantage of the available tools. Perhaps we can get Big Mike have Troy do a webinar.
The following 2 users say Thank You to TTMTAX for this post:
Broker: Advantage, Trading Technologies, OptionsCity, IQ Feed
Trading: CL, NG
Posts: 1,040 since Jul 2010
Thanks: 1,713 given,
3,836
received
Looks like some well programmed indicators.
Just as a head's up, a majority of the indicators sold in their package are available for free here on futures.io (formerly BMT) through Gomi's indicators and Fat Tails Pivots and Initial Balance indicators. The only thing that they offer that isn't on futures.io (formerly BMT) is a quality Market Profile TPO indicator. Fin-Alg offers one for a fraction of the cost however if that's what you're looking for.
Anyway, see for yourself if anyone is looking to emulate those indicators. The one thing I like about GOM's indies are they're bid/ask data vs. NT Tick File.
The following 6 users say Thank You to Private Banker for this post:
