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Was anyone fortunate enough to get on board with this new service? I saw demonstrations of the indicators and it would seem based upon the presentations fortunes will be made because of these unique algorithms that call market tops and bottoms. I checked on the website today and discovered they are sold out. Just my luck. I am hoping there is a least one other person in the world that is as smart as Jeff Augen who will be able to reproduce these indicators so some of us procrastinators will be able to get in on this amazing system. I have attached a couple of pictures that show the indicators and I am going to post a coupe of videos with further details
Can you help answer these questions from other members on NexusFi?
Here are some of the notes I took from the webinars:
The indicators are built on tick data processed by proprietary algorithms. Not for sale at any price. Jeff Augen claims that he has been offered 7 figures for the licensing of these indicators by some of the largest hedge funds in the world. Will not sell! .
Phase Indicator - pay close attention to mounds. There is a 30 bar and a 10 bar phase indicator.
The “Area Indicator” (window 3 ) is looking for big reversals and resets.
Every trend can be broken down into phases. The Area Indicator decomposes any trend into smaller components and has a very precise way of measuring the size and strength of each one of those components. It does this in a very complicated way. It writes differential equations that measure length, slope, size, and other things that can discern the behavior of Wall Street program trading systems.. So on your screen you have a indicator that will accurately show you the beginning and the end of these HFT activities. It is much easier to predict the end of these trends then the beginning. Why, because trends don’t happen until it happens.
Video links with commentary. Perhaps our talented coders here at BM forum can reverse engineer these indicators and give the rest of us a shot at the goose with the golden eggs.
@ArtCole, due to the way this post was written - please confirm you have absolutely zero affiliation with this vendor, and are in no way associated with them, their products, room, indicators, or other services, and that you do not benefit from posting this advertisement review for them.
Please let me assure you that I am in no way associated with The Traders Edge Network, Preston James, Jeff Augen nor am I a subscriber to any of the services or receive any form of compensation from these individuals or companies for services rendered.
A bad attempt at humor and sarcasm is what you have picked up on in my original post. My only interest is to attempt to discover what sort of unique and apparently priceless indicators have been developed for TradeStation that traders are willing to spend big money each month to observe them in a trade room and place trades based upon their ability to pick tops and bottoms of price action. Hopefully the talents here at Big Mike's can lift the vail on these gems and we can all live happy and prosperous lives.
Well I have purchased products from Preston in the past and I found that he honors any trial period or money return policy . In that aspect He is a honest businessman trying to make a buck like everyone else and honors his money return policy without any hassle. ( I know many that will not return any calls once you want to return a trading method product. )
However for these new Magic indicators He is charging $997 a month and no trial period or money back guarantee.
I watched the webinars and did find some merit in the indicators however I did not see clear proof that this method would help you make money to pay for the use of the indicators and then some. Also you see the indicators on a web site which could have a time lag because of the web broadcast.
Preston , Jeff and Karson looked very excited about these indicators, like it was the Holy Grail of Trading. Karson says in his video that He is making close to 5 to 7 points on the ES daily without any problems and really making Profit on trading Apple stock options trading them daily.
Left to see how many traders sign on on that price and continue to make money with these indicators.
Here is the last video offering this method. They close the gates on these indicators tomorrow night.
