TrendSignal

laughin

Newbie
7 2
I guess most people, when shown the pip count for the last 5-6 yrs blank out the fact that there has been and will be big drawdowns
I know when i signed up i had visions of making 1000 + pips p/m and kin of ignored the blips (mental thing i expect)
How long have you been with them ? edit, just saw earlier post, 8 mths, must of been just as performance dropped off in March/April
I started trading it in March of this year, so this is my 8th trading month. Luckily I did not trade August due to holidays, I think it lost over 1000 points.
This is my personal pip count, missed some good ones and bad ones plus a few errors.

Sep 68
July -3426 (I think TS was -2700)
June -33
May 561
April 53
March 115

In pound notes I am about £2700 down plus system cost.

They have massively tweaked the S4 apparently but won't touch it if D1 isn't doing it.

I am really surprised more people haven't reviewed this system over the years, considering it has had hundreds of purchases
 

panda

Member
91 2
Good of you to post up your results, not many would be so honest/open.
I think, as with any system, you have to take every signal, sods law that the ones you don't will be the winners !
Yes the s4/s5 was re-launched a couple of weeks ago, i have the occasional check on that also, but the results are not great on that either.
They have also tweaked the DT2 recently, to try and reduce the non-performing trades, i think that shows that the intra day system is struggling too.
I am also quite surprised that there are not more users/ex-users posting on these boards
 

Rainmaker

Active member
201 3
Good of you to post up your results, not many would be so honest/open.
I think, as with any system, you have to take every signal, sods law that the ones you don't will be the winners !
Yes the s4/s5 was re-launched a couple of weeks ago, i have the occasional check on that also, but the results are not great on that either.
They have also tweaked the DT2 recently, to try and reduce the non-performing trades, i think that shows that the intra day system is struggling too.
I am also quite surprised that there are not more users/ex-users posting on these boards
I have used it, mostly to try and support a friend who had subscribed.
There were a few red flashing lights for me:
1. I don't like the idea of "black box" trading, which is designed to keep you feeding the beast for ever.
2. Their reluctance to get their traders talking to each other concerns. I know this has been raised again and again, but never happened. I think if half a dozen switched on traders got together, they could crack and re-code the system.
3. Constant systems enhancements muddy the waters, so you are never able to really track performance.
4. The 2 minutes chart system is better, but needs a number of changes to get it to be as effective as it could be.
5. They are more of a software company who happen to be in this space.
6. I'm sure it would be possible to deliver the whole thing for £100pm, all in. This would cover training, support indicators, etc.
My advice would be to avoid, especially as they are now charging aggressively for ongoing updates, seminars, training and even results
 
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laughin

Newbie
7 2
I have used it, mostly to try and support a friend who had subscribed.
There were a few red flashing lights for me:
1. I don't like the idea of "black box" trading, which is designed to keep you feeding the beast for ever.
2. Their reluctance to get their traders talking to each other concerns. I know this has been raised again and again, but never happened. I think if half a dozen switched on traders got together, they could crack and re-code the system.
3. Constant systems enhancements muddy the waters, so you are never able to really track performance.
4. The 2 minutes chart system is better, but needs a number of changes to get it to be as effective as it could be.
5. They are more of a software company who happen to be in this space.
6. I'm sure it would be possible to deliver the whole thing for £100pm, all in. This would cover training, support indicators, etc.
My advice would be to avoid, especially as they are now charging aggressively for ongoing updates, seminars, training and even results
In regard to point 2 they certainly segregate all the traders who use the system, so you never know how anyone is really doing.

In regard to point 4, the 2 minute DT2 is probably better but definitely needs enhancements and I would not recommend it either. It can have a string of losers in a row and can whip you around between the arrows.

In regard to point 6. Lets be honest if this system really worked they would be selling it as you say on monthly basis and over time they would earn much more money, but they are happy to snatch the money upfront as likely to lose most of the users over a year.

Agreed, avoid like the plague.
 
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panda

Member
91 2
Agree with both the above posters points
A monthly subs system together with being more transparent in regards to allowing customers to speak with each other would be a much better model - for customers !
 
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