Anybody has used AbleTrend from AbleSys? - futures io
futures io



Anybody has used AbleTrend from AbleSys?


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one fido with 4 posts (25 thanks)
    2. looks_two Oriole with 4 posts (1 thanks)
    3. looks_3 longboat with 4 posts (2 thanks)
    4. looks_4 rameshraja with 3 posts (2 thanks)
      Best Posters
    1. looks_one tradermark2009 with 10 thanks per post
    2. looks_two researcher247 with 7 thanks per post
    3. looks_3 fido with 6.3 thanks per post
    4. looks_4 Jack22 with 2.5 thanks per post
    1. trending_up 62,446 views
    2. thumb_up 76 thanks given
    3. group 34 followers
    1. forum 56 posts
    2. attach_file 17 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

 
Search this Thread
 

Anybody has used AbleTrend from AbleSys?

(login for full post details)
  #41 (permalink)
 dyst 
Singapore
 
Experience: Intermediate
Platform: NinjaTrader, Sierra, MT4
Trading: ES, CL, NG, XAUUSD, USDJPY
 
dyst's Avatar
 
Posts: 109 since May 2015
Thanks: 75 given, 91 received

Might be an old thread but still, would like to thank you guys for figuring things out. Someone in another forum was recently promoting this Ablesys, saying it is very a profitable system created by some Chinese guy living in California, and we can make back the fees with just 1 week of trading, which sounds too good to be true to me...

I am now experimenting with various settings on the shared indicators. Once again, thank you guys.


fido View Post
The QQE indicator can be downloaded from this thread :



I have had a few questions about the BigMo indicator so let me just clarify. The BigMo is just a HMA 89 ... only difference is that the BigMo changes color with the slope. I should probably have removed it from the chart to avoid any misunderstandings.



tradermark2009 View Post
Fido...you are correct about Able...the color bars are based on a 10 EMA moving average coloring...using +/_ slope of that EMA to color the bars. The rest of the system is based on stops of the ATR. They use a 2 and 4 ATR, and trigger on a 4 ATR for a reversal, then wait and take the next pullback to the 2 ATR then enter in the first green color bar for a long, and a red for a short. Stop follows the 2 atr by a tick of 2. Use the tick or range bars that meets your $$ mgt. of 1.0 to 1.5 lost per trading account. Hope that helps, instead of spending 280 for 6 months like I did 4-5 years ago. I like to use a higher time frame of 2.5 to 3 to trigger the entry vs. the 4 ATR...but it is really the same, just a little tighter.


Numbers work... Magic lies in the numbers
Reply With Quote
The following user says Thank You to dyst for this post:

Can you help answer these questions
from other members on futures io?
Order Flow Volume Profile POC parameters in Ninjatrder
NinjaTrader
use of Ultimate Oscillator in NT8
NinjaTrader
NT8 - Footprint Chart adding on code
NinjaTrader
Moving Average Price Scan
ThinkOrSwim
Hey! Is there a way to change the date and symbol on a c …
EasyLanguage Programming
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
12 thanks
Cycle Analysis... a way of looking at price action.
8 thanks
Want your NinjaTrader indicator created, free?
7 thanks
Basic Education for Beginner Trader
7 thanks
TST/OneUp/LeeLoo/Earn2Trade
4 thanks
 
(login for full post details)
  #42 (permalink)
 Oriole 
Naples FLA
 
Experience: Beginner
Platform: Ninja Trader 8
Broker: NinjaTrader
Trading: Currency Futures, RTY, ES, NQ
 
Oriole's Avatar
 
Posts: 93 since Dec 2019
Thanks: 201 given, 72 received

Great thread. I was looking at this and would never spend $3000-$4000. Glad you all debunked it. Looks like the Supertrend indicator is a useful indicator so Iíll try to find it in the downloads. Thank You.

Reply With Quote
 
(login for full post details)
  #43 (permalink)
 longboat 
Philadelphia, Pa
 
Experience: Advanced
Platform: Ninja Trader
Broker: Amp/CQG
Trading: CL, ES
 
longboat's Avatar
 
Posts: 148 since Jun 2009
Thanks: 902 given, 214 received



Silvester17 View Post
if I'm not mistaken, asc trend is about the same thing like able trend:



a similar version can be found here:


Silvester17 is correct. I found them an excellent match.

Reply With Quote
The following user says Thank You to longboat for this post:
 
(login for full post details)
  #44 (permalink)
 Oriole 
Naples FLA
 
Experience: Beginner
Platform: Ninja Trader 8
Broker: NinjaTrader
Trading: Currency Futures, RTY, ES, NQ
 
Oriole's Avatar
 
Posts: 93 since Dec 2019
Thanks: 201 given, 72 received


longboat View Post
Silvester17 is correct. I found them an excellent match.

Whatís the interpretation of the red and blue dot structure?

Reply With Quote
 
(login for full post details)
  #45 (permalink)
 longboat 
Philadelphia, Pa
 
Experience: Advanced
Platform: Ninja Trader
Broker: Amp/CQG
Trading: CL, ES
 
longboat's Avatar
 
Posts: 148 since Jun 2009
Thanks: 902 given, 214 received

Dot color has to line up with the bar color. They use the dots as stops 2 levels back and trail. They say best applied to a 5min or 3min chart. Dots come from a longer term time frame 3X the entry chart.

Reply With Quote
The following user says Thank You to longboat for this post:
 
(login for full post details)
  #46 (permalink)
 trepidation 
San Jose, California
 
Experience: Intermediate
Platform: Sierra Chart
 
Posts: 138 since Apr 2018
Thanks: 25 given, 165 received


Oriole View Post
Great thread. I was looking at this and would never spend $3000-$4000. Glad you all debunked it. Looks like the Supertrend indicator is a useful indicator so Iíll try to find it in the downloads. Thank You.

It's supposed to be used as a STOP LOSS method similar to the PAR SAR, but people end up using it as a trending indicator and get completely spanked when the market chops. If you do decide to use this indicator, make sure you are able to identify chop or you'll get crushed.




longboat View Post
Dots come from a longer term time frame 3X the entry chart.




I'm also calling BS on the 3x timeframe because this would be logically impossible if it was really using a higher MTF to chart the dots.

Attached Thumbnails
Click image for larger version

Name:	works.png
Views:	331
Size:	81.6 KB
ID:	288380   Click image for larger version

Name:	works 2.png
Views:	360
Size:	75.3 KB
ID:	288383  
Reply With Quote
 
(login for full post details)
  #47 (permalink)
 aircal 
Keller, TX USA
 
Experience: Intermediate
Platform: Tradestation, NinjaTrader
Trading: YM, ES, CL
 
Posts: 45 since Sep 2010
Thanks: 2 given, 39 received

A guy in another forum duplicated Able Sys in 30 minutes on thinkorswim - its not rocket surgery

Reply With Quote
The following 2 users say Thank You to aircal for this post:
 
(login for full post details)
  #48 (permalink)
 iq200 
London, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
 
Posts: 387 since Jun 2010
Thanks: 138 given, 256 received

I looked at this software a few years ago. If you get sample charts from AbleSys, you will find that each chart is optimized with DIFFERENT settings even on the same timeframe to make it look good. Keep well away and don't waste your money!!

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to iq200 for this post:
 
(login for full post details)
  #49 (permalink)
 Oriole 
Naples FLA
 
Experience: Beginner
Platform: Ninja Trader 8
Broker: NinjaTrader
Trading: Currency Futures, RTY, ES, NQ
 
Oriole's Avatar
 
Posts: 93 since Dec 2019
Thanks: 201 given, 72 received

Agree, I eliminated this system too.

Reply With Quote
 
(login for full post details)
  #50 (permalink)
 steve47 
Mansfield Ohio
 
Experience: Beginner
Platform: NT8
Trading: futures
 
Posts: 1 since Apr 2022
Thanks: 0 given, 1 received


I just finished a 30 day trial of Ablesys. I was not impressed-even with their "15% discount" if you purchased during the trial which came to about $5,800.00. It looked to me like too much risk on a lot of trade setups and the goal post kept moving. When they did a nightly recap they would say one thing but the charts showed another. Another website Serenity Trading where the guy is friends with the salesperson from Able uses a totally different setup with longer term support and resistance shown. While he claims to trade the system there are a number of trade setups he will not take if they do not pass muster on the higher timeframe. Able specifies a 1, 2, and 3 min chart. Serenity uses 1,2,3, and 15 then has another chart with a 3 and 9 minute. Lastly, there is no written documentation with the Ablesys software. They want you to watch their videos which again sometimes deviate from what your charts would show during the same timeframe.

Reply With Quote
The following user says Thank You to steve47 for this post:


futures io Trading Community Trading Reviews and Vendors > Anybody has used AbleTrend from AbleSys?


Last Updated on June 2, 2022


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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