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It matters because I demoed his system for 3 days. They are offering demos now. I really liked my results with it. I was profitable all 3 days. But what he is charging for it is insane. Lease option of $2500 a year or 5k lifetime. His special deal for the lifetime was about $2800 but I can't afford that. I tried this on the 10/4 NinzaRenko setting. His bar is much bigger than that when I compared the Ninzarenko to his charts. A 20/20 Ninzarenko with Hieken Ashi was close but not exact. His software runs on a tape speed of 30. That's the only setting you can see. The VOL Supreme version of the Triggerlines basically is cut in half and the tape speed is run at 21. I do agree that the Triggerlines have nothing to do with volume but EMAs. It is simple and I believe it works or at least it did for me in the 3 days I tried it
Good answer. Basically, use anything that works. I don't think this is special enough to pay much for it, or anything, really, but things that work for you are good when you find them. Keep them.
I think there will be other similar options that can also work for you, possibly with some fiddling with the settings and some experimentation.
And, what's a tape speed?
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
After testing some bars it most definitely is a Unirenko with Hieken Ashi applied. But figuring out the settings is still not quite there. I think this is close. Tape Speed is what makes the bar bigger or smaller on his programming portal. This is the open Friday. Knowing what kind of Market condition with it is essential. But the general idea is to take the 1st couple pullbacks in a new trend and avoid the chop. Can you think of anything else one might do to improve it? Also is Nguyen 74 still posting here? I sent him a direct message but haven't got anything back.
I'm glad that you are making progress, and that you feel this is something that is worthwhile to pursue. I do wish you success with it.
No, I can't think of any improvements, and honestly I'm not trying. This seems to me to be just another ma-based system, and like all the others it will have its strengths and its weaknesses. If you tweak it the way you want it, and if it works for you, then that's good.
You have probably noticed the absence of respect toward this guy's system by many other commenters in this thread. That is because it is clearly an overpriced appropriation of very ordinary, widely-available tools. If you, or anyone else, can make it work for you then that is good and you should use it. But for me, I am not thinking about what little variation will improve something that doesn't have any interest to me in the first place, other than as a warning about not spending lots of money on anything someone wants to sell you for your trading.
Keep in mind that everything can look good in some conditions, and that everything needs testing.
Again, no problem at all that you are working on this, and I hope it continues to be of value to you. Whether it will, I have no idea. But trying things for yourself is good. Just don't spend much for the privilege.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
Nguyen74 is the only one that has duplicated them exactly. Can see a pic on 1st page this thread. He didn't say how he did it and hasn't answered DM. I believe they are some kind of Renko Bar with Hieken Ashi applied. I've gotten close but not exact
Hey guys and gals! To be honest, I don't remember and as far as I am concerned, I pretty much have the same sentiment as @bobwest. All these indicators work sometimes and other times, they don't. The problem is you won't know when they will work and when they don't. If you do, you don't need this stuff.
Hello! Oh no. If it happens to come to you could you please post. I'm interested in it bc I took the trial and traded it for 3 days with good results. I've been getting his daily recaps on email for a couple months. From what I have seen it performs well about every day. Nothing performs all the time. Everything has its down spells. I believe someone could be profitable with this with good money management and principles of Supply/Demand. I got close with a Unirenko set at 8,20,40 and Heiken Ashi applied. Thanks you replying!
P.S If you all don't like this what kind of strategy do you all like?