No I never signed up with them. I just downloaded their PDF a while ago. I did notice Jay updated his PDF from the one he offered a few weeks ago. I don't know how often he changes it. But I wasn't interested in buying the indicators.
Yea Jay actually let me try out the indicator for 3 days.
This was a separate trial from the chatroom, which was also 3 days.
I loaded it on a handful of symbols and watched it live from 7am to about 11am, and I can confirm it plots the "Cluster Dots" live as the bar is forming....and NOT after the fact.
Thats pretty much the only reason I was intrigued....I've dealt with a lot of scum bags that only plot an alert after 2 or 3 bars.
The way he explained it to me was that the dots form at multiple fib levels, like if you have three 0.618 levels from multiple timeframes converging at the same area.....the dot will form.
I should also mention that there were several times where the dots formed and price didn't bounce off like it was supposed to.
If I were to to ballpark it? Half the time it works, and half the time it doesn't.
However, when I selected 3 or 4 fib levels as my requirment.....there were 90% less signals....but 1000% more accurate.
I should have recorded my observations with some kind of desktop recorder, but at the the time I wasn't a member of this site.
I'll mention the exact fib levels he uses in my next post.
Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
The following 2 users say Thank You to SpyderTrader for this post:
Don't forget everyone, this guys webinar is tommorrow after the market close.
Lets make him work for it and give us as many clues as possible into figuring out how we can code our own "Cluster Dots" for free on futures.io (formerly BMT).
Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
