about Shadow Traders run by Barbara Cohan? (www.shadowtraders.com)
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@perryg will review his trading method and talk about the improvements he has made to the system since the webinar last year, plus answer questions
Her system is so good that Perry won an award with the system here on BigMike`s.
The essence of what he tells you here in the webinar today on february 25th is from shadowtrader`s. I am a shadowtrader`s customer and I know that Perry even uses the same colours of the moving averages and the fractals. I am not a programmer and I do not know how he got Barbara`s codes. But it is definitely their work what Perry is showing. Of course he added one or two own things, but the templates are from shadowtrader`s, and also every idea.
He should at least say thank you to his great teacher`s Barbara and Melanie.
Last edited by trader2; February 25th, 2012 at 05:03 PM.
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This post has been selected as an answer to the original posters question
I do believe that you owe an appology for this remark. I do not program, but the person that programed these indicators, has built up these from scratch, as they have also been improving over the past year. If you have been following this thread and the previous one, there has been an evolution of development using MA if you had learned the method from the beginning. Fractal points have been around on this thread for a few years, and even BigMike had made addition to it, so to say someone got hold of Barbaras code is a liable statement. I think an apology is forthcoming.
The analysis of MA is not new, please read Hurst, John Person on Candle stick and Pivot point candle stick trigger and about another 30 odd books. Last and not least, I do not sell anything, take money from others, or try to coerce anyone to trade this system. All is free and knowledge that I have got over 40 years of experience.
Incidently the color of the PPma are according to John Persons charts on Pivot point MA.
Last edited by perryg; February 25th, 2012 at 06:27 PM.
Reason: Color of MA
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Barb has been teaching her system for at least 5 years and has imparted her wisdom on ( I would imagine) a few thousand clients. I would just like to see proof that at least 1% (20-30 customers) of her client base has made $26,364.00 a year (U.S. median annual income) for 3 years I bet she can't produce a single one.
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There's also a buffet of free domain Metatrader4 indicators source including common ones like fractals and exotic and crazy ones (saw a planetary/horoscope cycle indicator) for MT4 a coder could learn from and port ideas with some ease to Ninja since both share C syntax. Probably came about with the Forex "EA" craze with hundreds and counting , of EA's made with their special .ex4 indicators (maybe too easily able to decompile to mq4 source with the stuff out there).
Last edited by Cloudy; February 26th, 2012 at 03:38 AM.
if you have a good product and you sell it to several thousand people and make some millions out of that,
that is fine and legitime for me. If your methods work for many people, if they can make money the developper of the product is "allowed" to sell his product. That is normal business.
Most trader`s who make money do not read forums.
Why do I read?
Today I am bored. I do not trade that narrow wedge on CL.
I can tell you that Perry's system is almost identical to Barbara's system. I am amazed if these two came to the same setups/charts from different paths.
Absolutely amazing how close they resemble each other. I have no interest in either system, but just making the point that trader2 is right in that the systems are almost identical.
Maybe Barbara's system has changed, and it really doesn't matter, but it is astonishing to me how closely they resemble each other. I realize this is an unpopular statement as Perry brings in subscribers to the forum and he is so wildly popular with the brand newbies to trading as well.
I guess I would rather have them learn this here then pay ST 1600.00 (or whatever they charge these days) etc...
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