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Black Diamond Trader (blackdiamondtrader.com)


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Black Diamond Trader (blackdiamondtrader.com)

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  #1 (permalink)
New Orleans
 
Experience: Advanced
Platform: Ninja
Broker: IB
Trading: TF
 
Posts: 81 since Mar 2010
Thanks: 51 given, 137 received

Anyone considering sending in your hard earned money for the Black Diamond Trader system take a look at this actual chart. It's about 6 hours of the ES from last Thursday. Gave me 8 long/short entry signals over that time 7 OF WHICH WERE COMPLETELY ASS BACKWARD!!! Pay particular attention to the first signal....a long entry 2 bars into an 18 point downward move!!! They have no suggestions as to how to fix it and, in fact, have not answered any emails since Thursday night.

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  #3 (permalink)
United States of America
 
Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009


I really like the name.

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  #4 (permalink)
Wyoming
 
 
Posts: 1 since Jul 2010
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  #5 (permalink)
United States of America
 
Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009

To quote Queen, "Another One Bites the Dust."

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  #6 (permalink)
Washington DC
 
Experience: Intermediate
Platform: NinjaTrader
 
Posts: 214 since Jun 2009
Thanks: 110 given, 117 received

Hey, that looks like a real winner. Just reverse the entries.

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  #7 (permalink)
New Orleans
 
Experience: Advanced
Platform: Ninja
Broker: IB
Trading: TF
 
Posts: 81 since Mar 2010
Thanks: 51 given, 137 received


Peter2150 View Post
Hey, that looks like a real winner. Just reverse the entries.

I thought of that but it still gives bad signals.

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  #8 (permalink)
Madrid Spain
 
 
Posts: 1 since Jul 2011
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turkmay View Post
Anyone considering sending in your hard earned money for the Black Diamond Trader system take a look at this actual chart. It's about 6 hours of the ES from last Thursday. Gave me 8 long/short entry signals over that time 7 OF WHICH WERE COMPLETELY ASS BACKWARD!!! Pay particular attention to the first signal....a long entry 2 bars into an 18 point downward move!!! They have no suggestions as to how to fix it and, in fact, have not answered any emails since Thursday night.

As many this indicator uses integration of many indicators. So when it shows SE , these are hazarous and not as sure as LE . The interest of BDT indicator is for the consistency of trend following. Sure the creators must correct fake signals or filtering some points....I hav not used the BDT but seems interesting....


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  #9 (permalink)
Sydney, Australia
 
Experience: Beginner
Platform: Metatrader 4
Broker: IC Markets
Trading: Forex, DAX, Gold
 
Posts: 33 since Feb 2011
Thanks: 47 given, 38 received

turkmay, have you tried using the BDT on higher timeframes?

Maybe try 1 hour, 4 hour or daily?

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  #10 (permalink)
Ann Arbor, USA
 
Experience: Intermediate
Platform: Ninja
Trading: eminis
 
Posts: 6 since Apr 2011
Thanks: 7 given, 16 received


BDT works great if you read the manual and know how to use it.

It will usually give an inverted signal at the beginning of a large move. You use the other histograms to filter.

Once in the trend the continuation signals are fired off when a retrachement begins. There are 2 ways to enter. !. Conservative is to set a buy entry at the open price of the signal bar where the blue/red dot prints. 2. Is to put a buy/sell order on chart and move it to the top/bottom of the prior bar until it executes. Works really great if you just read the manual.

Problem I have is I put a new hard drive in my computer and lost the indicators and haven't been able to contact their support.for bdt. crazy_pilot::becky

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