anybody used or know about these systems?

skorcht · #1 (**permalink**) 02-02-2007, 02:55 PM

i searched and only found i mention of currensys last year.
http://www.currensys.com/trading_systems.htm

just wondered if it's any good or if MT4 has these systems?

THANKS

Thruline · #2 (**permalink**) 02-02-2007, 07:23 PM

I'd appreciate feedback on these as well... espcecially MACDOT

et_phonehome_2 · #3 (**permalink**) 02-02-2007, 08:24 PM

I have heard MACDOT is very good, unfortunately, it only works on the platforms as shown in the FAQ of the URL listed in post 1. At one time, the developer of this code had it available for free for Metatrader, but pulled it off since for some copyright reason....

aegis · #4 (**permalink**) 02-02-2007, 10:33 PM

Wasn't for me. There's some decent information, but I really don't believe it's worth $1000. There was a bit too much discretion involved with exits for my taste.

leeb · #5 (**permalink**) 02-02-2007, 10:33 PM

Maybe this link is of use to help someone code MACDOT ?
http://www.xtick.com/forum/viewtopic.php?t=21
Hope it helps, Lee

et_phonehome_2 · #6 (**permalink**) 02-02-2007, 11:27 PM

Quote:

Originally Posted by aegis

Wasn't for me. There's some decent information, but I really don't believe it's worth $1000. There was a bit too much discretion involved with exits for my taste.

According to the creator of MACDOT, one cannot trade on this indicator alone, and there is discretion involved as you have said.

aegis · #7 (**permalink**) 02-02-2007, 11:43 PM

Quote:

Originally Posted by et_phonehome_2

According to the creator of MACDOT, one cannot trade on this indicator alone, and there is discretion involved as you have said.

It's more than just MACD dots. It also relies on BBand reversals and expansions (breakouts). In fact, the breakout strategy makes more money than the dots.

skorcht · #8 (**permalink**) 02-03-2007, 02:32 AM

isn't the breakout basically Bollinger bands Inside of keltner channels or maybe the SQUEEZE MT4 indicator?

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