you have a valid point, to some extend ... I guess I should explain it, but I thought it would be self explanatory as well.
The system is simple, solid arrows mean strong signal, hollow, not so strong... red - down, green - up... what else is there? keep in mind that it is closed, so I have no idea what the developer is using to generate its signals.. and I am personally still trying to figure out the level of accuracy by looking at my own setup (CVD/BB/EMA/SR) to figure out on my own why the system generated the signal, and if I agree with it.. each individual depending on what indicators he/she bases his evaluation will see something different or have a different reason for following a signal...
I am including a 34EMA and a Delta Volume on the charts, which should help you analyze it... and match it on your own platform charts... whatever that might be...
I will draw an analogy to EOTPRO... Bill takes all "green arrows" only... and ignores all rest and still on the green arrows he uses a great deal of discretion to enter and not chase a trade. I dont think any system overall is any different in terms of "signal generation" ... it is up to one to evaluate those signals based on understanding and matching them to other things (volume/price/market internals) to see/understand why the system generated the signal and then either gain confidence, or just trade the signals blindly like most people do with EOTPRO and claim to make money.
I will take a crack at explaining things next week as I continue to evaluate the system, but please realize that each individual should draw their own conclusions by looking at the charts and doing their own analysis... I am not the seller of this system, and I have no direct interest on it.. I find it interesting and useful and I figure I share it with others who like me might be seeking and aid on their trading as they learn.. nothing else.
Also, when I do trade this live, I will generate a journal and post then why I took the signals and executed the trades... by then I hope to have enough understanding of the system.
I will also make it simple for others... if there is on value to the rest looking and evaluating the charts, then let me know and I wont post them any more. They dont take long to post, but if no-one gets any value, I would certainly spend that time more wisely reading about other things that will help me improve my trading.
The following 2 users say Thank You to sysot1t for this post:
here are some more charts... this will more than likely be the last until I can add valuable commentary and make the posting more meaningful or I am trading this system if I decide to trade it when I decide to trade it and open up a journal to track failure or success and learn from making that experience public.
i really seems that just posting the charts does not create much responses.
the story will get alive if you do a journal with trades + commentarys about it - i am shure!
its also useful to show how + whre trades should happen in the chart to have an idea whats up here ( making some marks + arrows on it where + why to enter here or there )
thats what brings in action in the topics usualy -- if this is what you want ...
and if there are things & tips folks are able to rebuild this - helps also a lot.