ak47ssss Posted June 8, 2013 Report Posted June 8, 2013 Hello all, I was wondering if anyone had any experience with the mach-trend indicator, preferably platinum, and would be willing to share even if it is uneducated from http://www.precisi0ntradingsystems.com/Mach-Trend-Ninja.htm Thanks Quote
omaron Posted June 9, 2013 Report Posted June 9, 2013 I think is same guys who made the Pi Oscillator, which is cr@p if you ask me. This mach trend looks like higher timeframe moving average put on lower timeframe chart (i don't is it, i say it looks like). However, bragging with those results as they do is at least silly. 31 trades in 15 years for a profit of about $30,000 and a maximum draw down of almost 80%. Would you have guts to hold on those trades?! Quote
ak47ssss Posted June 9, 2013 Author Report Posted June 9, 2013 Omaron, I see your logic, and you seem to have done more work on the effectiveness of this system (I'll try to do better next time before asking). I think for nearly all traders, 80% drawdown is unacceptable in combination with such a small sample size. I think it would probably be best to stay away from this software. Thanks Quote
omaron Posted June 9, 2013 Report Posted June 9, 2013 I only looked at the numbers showing in the screenshots they posted. Quote
ak47ssss Posted June 9, 2013 Author Report Posted June 9, 2013 Yeah which is actually more of a cause for concern if the vendor admits excessive drawdown. Quote
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