The Money Clock ( - Vendors and Product Reviews | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews

The Money Clock (
Started:November 6th, 2012 (12:08 PM) by omni72 Views / Replies:624 / 1
Last Reply:November 6th, 2012 (12:08 PM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

The Money Clock (

Old November 6th, 2012, 12:08 PM   #1 (permalink)
Elite Member
Tulsa, OK
Futures Experience: Beginner
Platform: Jigsaw, Ninja Trader, Sierra Chart
Broker/Data: Ninjatrader/Rithmic
Favorite Futures: G&L Tribute Series Rampage
omni72's Avatar
Posts: 348 since Jan 2012
Thanks: 576 given, 622 received

The Money Clock (

Market patterns can manifest themselves in a number of ways. One way is time - seasonally, time of month, time of week, time of day, etc. The Money Clock was built to help identify patterns based on duration of a directional bias. To get a better idea of what it's doing, check out this short video:

Basically, you can examine your market or markets to see if there is a tendency to rise or fall at a given time of day for specified amount of time. You can configure things like market, move duration, accuracy, look back period, and whether it should look for buys, sells, or both.

But what's that mean? How is this useful? Could you take trades based on the results? Last thing first, you'd have to figure out for yourself if you want to base trades off the results. The utility I see is an ability to increase the odds of an existing or hypothesized trading pattern. If I've got a long setup, I can run some tests via The Money Clock (TMC) and find out if there are times that are historically more or less favorable. It may be that lately, the odds are heavily against longs if placed within the 9:00 hour. I may still take the trade, but I will do so knowing the odds of winning during this timeframe are actually less than than those of the setup as a whole. You can also use the results to look for potentially untapped opportunities or unexplored markets. I see a ton of value in being able to reduce risk, fortify an edge, and diversify my trading. And I've only tinkered with TMC for a couple hours.

Anyone on (formerly BMT) who knows anything about me knows that I place a lot of value on the service and responsiveness I get from vendors. Greg at TraderVue epitomizes what I'm referring to. Well, I'm pretty sure I've discovered Greg's long lost brother. The man behind The Money Clock's curtain is Miles Dunbar. I just signed up for the Trial Membership yesterday and emailed Miles with a couple questions. In less than an hour, he responded. After digging in a bit and running several tests against multiple markets, I built a short list of ideas, things I thought would be useful to all users. I emailed them to Miles and, again, in less than an hour he replied. The list of ideas included four suggestions. Miles' responses ranged from "It's in the works" to "I'll add it tonight". Within a couple hours, guess what? It had been added. Miles, you sir, have just increased your client list by one.

Speaking of becoming a client, after the two-week Trial, you have the non-automatic subscription options: futures/commodities for $50/month, Forex for $50/month, or get both futures and Forex for $75/month. That's pennies a day. If you trade the ES, that's one point per month. I think a lot of people have the perspective of "I'd have to make an extra point just to pay for the service." And that's fine if you see it that way. I see it as "I bet I can use this to decrease the odds of losing at least a point per week." Luckily, it gets even better. If you subscribe for the year, it's $264. Don't worry, I'll break it down: $22/month. Yup. Less than HALF an ES point per month. Ridiculousness.

To quote Skyy (The Tipsy Bartender): And there you have it! Go check it out and sign up for the two-week trial. You've got nothing to lose and might just walk away with some new insight into your trading strategies.

Note: Miles confirmed that he has some videos in the works. He's also finishing up a user's guide.

Caveat: Since there's about 1937841098 members here at (formerly BMT) there is no way I can promise Miles will implement or consider every suggestion thrown his way. In fact, I had several other ideas but opted to go for what I considered the most universally applicable.

Luck is what happens when preparation meets opportunity. ~ Seneca
Reply With Quote

Old November 6th, 2012, 12:08 PM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews > The Money Clock (

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
The Ascent of Money - The Origins of Our Feast or Famine Money System Victory Trader Off-Topic 2 October 8th, 2012 03:34 AM
Keep your pc clock synchronized cunparis Traders Hideout 48 January 13th, 2012 06:32 PM
Freeware Useful Clock tool redratsal Tech Support 6 December 1st, 2011 12:32 PM
Joanne Klein--'Above the Green Line'--Money Wave from researcher247 Stocks and ETFs Trading 1 June 27th, 2011 09:12 AM
Computer Clock Jason11 Tech Support 12 March 22nd, 2011 03:41 PM

All times are GMT -4. The time now is 01:18 AM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-24 in 0.08 seconds with 20 queries on phoenix via your IP