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Roy Kelly's Trend Pro
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Roy Kelly's Trend Pro

  #1 (permalink)
Elite Member
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Roy Kelly's Trend Pro

Roy Kelly's Trend Pro...

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

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  #2 (permalink)
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  #3 (permalink)
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hmmmm


it repaints just like the other ones dont waste your money no one can call tops and bottems real time...sharky

KILLING THE MARKETS DAILY
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  #4 (permalink)
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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.

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sharky View Post
it repaints just like the other ones dont waste your money no one can call tops and bottems real time...sharky

Thanks Sharky. Do you mean the stops get repainted? I am referring to the one that provides entry signal with dynamic stops.

Thanks much...

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hmmmm

i was thinking about the cycle indicator it repaints,i bought his indicators like 4 years ago and i personally didnt care for any of them...sharky

KILLING THE MARKETS DAILY
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  #7 (permalink)
Student Of The Markets
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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.

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RE: TREND PRO

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Sam7768 View Post
Roy Kelly's Trend Pro...

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

Hi

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.

Attached Thumbnails
Roy Kelly's Trend Pro-aapl-weekly-week-28_2006-week-48_2010.jpg   Roy Kelly's Trend Pro-cl-01-11-12-range-11_30_2010.jpg  
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  #9 (permalink)
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Turtrend View Post
Hi

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.

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.

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  #10 (permalink)
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Sam7768 View 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.

This is a bit of yesterday morning.
Remember, doesn't always look this smooth. Chop is chop.

Attached Thumbnails
Roy Kelly's Trend Pro-es-12-10-512-tick-11_30_2010.jpg  
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