I looked at the forum, but could not find any reviews on this. Can any user tell me how this indicator is working? Thinking of getting it but I believe there are no trials and no refunds as such and it is priced about 1000 bucks.
Pl note: I am asking specifically about Trend Pro (and not about Cycle Identifier or other indicators).
Thanks much
The following user says Thank You to Sam7768 for this post:
I bought Roy Kelly's book " The trading method that can make you rich" a few years ago. The book sells for $200 and is worth at best $0.99. The book is supposed to be an introduction to his methodology and it has absolutely nothing to offer. Don't waste your money with this guy.
The following user says Thank You to TraderG for this post:
Don't wouldn't waste your money or your time with anything like this. Your best bet is to study the market, price action and s/r levels without indicators except for maybe a 20 EMA and VWAP. Everything else is a worthless IMO. To understand the market takes several hours of screen time and keeping a journal to help your progress.
The following 3 users say Thank You to itrade2win for this post:
I've had TREND PRO for NINJA TRADER for several years.
There isn't much talk at Big Mike's Trading Forum about Swing trading/Position Trading/Trend Following, however if you compare it to the popular ABLESYS system you see advertised in all the trading magazines, it accomplishes much the same thing for cheaper.
That said, you can re-create much the same thing using powerful free indicators like TSSuperTrend etc. all available on this site.
I've included a weekly chart of AAPL and a range bar chart of CL for you to see.
However, I think it all comes down to a sound methodology, discipline, and money management no matter what you settle with.
e.g. You can trade AAPL with TREND PRO and make a mint because you use sound position sizing.
e.g. You can force a successful trader like Sharky to rely solely on TREND PRO for his scalping and I suspect he'd still be successful.
The following 6 users say Thank You to Turtrend for this post:
Thank you Turtrend. This helps. Also, can you post a chart of ES (512 tick) of today's or yesterday's with Trend Pro applied? I have asked those guys at Trend Pro and have not received any response yet.
Just want to see how it looks on 512 tick chart of ES of known time. Thanks again.
The following user says Thank You to Sam7768 for this post:
For a great cycle setting use what jeff worked on bLine, it is a double stochastics set at 34 and 10. and colored on the slope works great. Here is the link:
Hi Jeff, When I started trading in 2009, I used Bressert's double stoch and BLine. With Bressert cycle trading, a cycle was 20 bars, half cycle 10 bars and quarter cycle 5 bars. With one double stoch set at 10 and one at 5; the BLine can be set to …
there are indicators here that paint the bars for you , better than trend pro, the cycle i.d. pure b.s.... the rest of his stuff is in this forum for fee.. his book is not worth nothing. if you want to study elliot waves . learn how to i.d. a simple a.b.c. pattern and let go there.
