TrendSignal

This is a discussion on TrendSignal within the Trading Systems forums, part of the Methods category; Has anyone got any practical experience of using TrendSignal`s / Market-Tutor`s trading system? If so can you comment on its ...

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Old Jan 17, 2004, 1:54am   #1
 
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TrendSignal

Has anyone got any practical experience of using TrendSignal`s / Market-Tutor`s trading system? If so can you comment on its effectiveness & how long you`ve been using it ?
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Old Jan 24, 2004, 2:00pm   #2
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Yes. I did their original candlesticks course and it paid for itself. The results were OK but not spectacular (I did though made money as a beginner). Then about middle of October they asked me if I wanted to test a new product. I have been using trendsignal for the last ten weeks for end of day and intra-day trading. I am much more profitable that I was. I am making money on the vast majority of my trades. I like it - and when I last travelled up to their offices they were happily showing people using it (and trading real money). They seem to be totally happy to let you come up and look at the product and the people I met there were not being given any hard sell by the trendsignal people. There are six people in their office, 4 of who are full time traders, and they all use the product. I don't know if they make money, but I am and so I'm happy!!
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Old Jan 24, 2004, 9:46pm   #3
 
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Hi

Can you please forward their website address.

Thanks

David
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Old Jan 26, 2004, 9:34pm   #4
 
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tradertim started this thread dsjoseph - It`s www.trendsignal.co.uk .

markjpwill - Thanks for your posting. Can I ask if the intraday system is suitable for spreadbetting - i.e. does it score enough points to cover the spread/slippage and losing trades? On average how many points (on say the Dow ) might be expected per trade & how many signals per day are given per instrument? Are the entry & exit points as clear as they appear on the website? Are the lines shown on the charts some form of sigma lines/standard deviations? Sorry for all the questions, but they do charge a lot for the system, and an independent view of its merits would be much appreciated.
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Old Jan 28, 2004, 12:57am   #5
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Sorry for the delay. Busy trading. Yes its fine for spread betting. Friday for example I had 9 points on S&P. Today I had 8 points on S&P and 24 on FTSE. I'll try posting a graph with this. I am well happy. Go and see them. Why not - its a lot of money. If the graph doesn't work email me and I'll send it to you
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Old Jan 28, 2004, 8:28pm   #6
 
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tradertim started this thread Mark,

Thanks for that. Do I take it from the chart that you wait for the price to cross one of the standard deviation/sigma band lines (acting as support/resistance), then look for a candlestick reversal pattern, and enter a trade accordingly provided the momentum oscillator is in agreement?
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Old Jan 28, 2004, 11:29pm   #7
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sort of - the money management thing is about moving your trade about. go and see them is my advice though - I feel uncomfortable explaning it too much because I only trade it not design it. like i said to someone else go and see it and ask them whatever you want. the only thing they seem to get techy about is the exact mechanism of how they calculate things - but i suppose thats part of the product. fyi i got told today they are stopping selling the real time it at end of feb, and renting it only because they are fed up with wasting time on demonstrating the system to non-professionals. some bloke from somewhere in the city was there today when i went there and i think they have decided they only want to rent it to futures traders.
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Old Feb 25, 2004, 9:40pm   #8
 
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The Trading Acadamy ;tradesignal

Anyone have any recent info on this company. Just perused their website. Usual HARDSELL tactics with very impressive daily point count profit. But is it all hype. The only thing l find fairly unusual is that they invite you to their offices to examine the method. This and this alone has made me curious as to whether it is indeed a plausable outfit? Any feedback from someone who actually purchased this system is worth all the sales speil in the world.

Trev
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