microsat2 Posted May 9, 2015 Report Share Posted May 9, 2015 (edited) Thank you very much. Hi Mike. Jay signal is a cute system, but only cute- no more no less.I would definitely not trade my account live with it or lets say solely based on its signals. I was watching JS for a long time on ES only live- real time - no repainting etc.Some of the signals are good - enough to keep us interested but many are bad losers. Lets ask ourselves how does JS work, lets look into the box or behind the screen. JS is a crude way of trading with the trend which is a perfect way to trade but... JS has the black line which is a long term moving average combined with some support -resistance.Once this line is broken the trend direction has changed.Now JS will wait for a retracement , it places its magic elipse which is a ****** 61.8% fib retracement ( thats all it is ) totally ignoring all the situations where the market only retraces to 50 or 38 etc. Once he gets a deep enough retracement which will trigger an overbought-orversold ( you can use any indicator for that ) that is when you get these big red or blue huge dots which display a POTENTIAL to go in but not necessary yet.Once the market goes back and continue with the original direction ( with the trend ) after 2 bars as in almost any other software that calculates a pivot it gives you these magic green-red arrows that only appear in real time and will consume you computer resources. The idea is good and well thought but... ( always a but ). The thick black line which is the heart of the system gets chopped very easily.Its too rigid and too depend on very short term conditions without any WHOLE PICTURE SIGHT, which causes it to flip between long and short very fast and many times too soon. If the market is running fast and strong with a big legs which happens many times when volatility is high then a 78 fib retracement will be read by JS as a reversal etc. The idea is nice and cute - but no more.You can do the same just using your eyes and a simple fib tool- and the most important tool in ninja....please scroll down... YOUR BRAIN. No indicator will beat your simple way of thought , at least non of the commercial available ones that we have here. After watching JS for few weeks i formally without any ceremony i just dumped it and threw it away, you will get much better results using a moving average lol. Take care my friends and hope that this will help, at least some of you. Force yourself to use as less indicators as possible, even none or maybe just very few, then hide your right side screen and start to move your chart slowly- then try to decide if you go long or short- no need for replay etc. just put a moving average to give you the market direction, put navi bars and navi trend and after few hours of this practice you will understand that there is no need for all these expensive complicated indicators. Traderbeauty-Jane Edited May 9, 2015 by microsat2 mastertrader7 1 Quote Link to comment Share on other sites More sharing options...
LonelyTrade Posted May 9, 2015 Report Share Posted May 9, 2015 Hello, Could you please share the indicators?? It will be highly appreciated LonelyT Quote Link to comment Share on other sites More sharing options...
⭐ timein Posted May 9, 2015 Report Share Posted May 9, 2015 (edited) YOUR BRAIN. No indicator will beat your simple way of thought , at least non of the commercial available ones that we have here. After watching JS for few weeks i formally without any ceremony i just dumped it and threw it away, you will get much better results using a moving average lol. Take care my friends and hope that this will help, at least some of you. Force yourself to use as less indicators as possible, even none or maybe just very few, then hide your right side screen and start to move your chart slowly- then try to decide if you go long or short- no need for replay etc. just put a moving average to give you the market direction, put navi bars and navi trend and after few hours of this practice you will understand that there is no need for all these expensive complicated indicators. Traderbeauty-Jane Very nice TBJane you are spot on and great post thanks for taking the time to elaborate on your analysis. Heed the words of wisdom guys, all though I too am lured in by adding indicators to my charts. I always try to keep my charts as clean as possible. Then there’s that new shiny object that catches your interest and it puts you back in the testing mode. We are always looking for an edge. That’s OK for testing purposes but when trading live you need to keep your charts clean as possible. Good stuff Jane and so true… Edited May 10, 2015 by timein ⭐ elishar 1 Quote Link to comment Share on other sites More sharing options...
LonelyTrade Posted May 10, 2015 Report Share Posted May 10, 2015 Cornelis, can you share the indis if you still have them please?? LonelyT Quote Link to comment Share on other sites More sharing options...
cornelis Posted May 10, 2015 Report Share Posted May 10, 2015 what is it your looking for? Quote Link to comment Share on other sites More sharing options...
LonelyTrade Posted May 10, 2015 Report Share Posted May 10, 2015 Back in post 23 you offered the trading123 indicators...if you still have them, and you would like to share I would like to check on them, Thank you. Quote Link to comment Share on other sites More sharing options...
cornelis Posted May 10, 2015 Report Share Posted May 10, 2015 https://www.sendspace.com/file/0edahi here you go this is all I have JoeWilson, learningfx, k33 and 6 others 9 Quote Link to comment Share on other sites More sharing options...
LonelyTrade Posted May 10, 2015 Report Share Posted May 10, 2015 Thank you Cornelis! appreacited!! LonelyT Quote Link to comment Share on other sites More sharing options...
cornelis Posted May 10, 2015 Report Share Posted May 10, 2015 Your welcome Quote Link to comment Share on other sites More sharing options...
kenny123 Posted May 18, 2015 Report Share Posted May 18, 2015 Thanks Cornelis. Quote Link to comment Share on other sites More sharing options...
full0fsh1t Posted May 19, 2015 Report Share Posted May 19, 2015 does it work for you guys.... indicators not getting added to the chart Quote Link to comment Share on other sites More sharing options...
shrike Posted April 30, 2016 Report Share Posted April 30, 2016 Hello could someone be so kind to share it again ,if possible with some instructions. thanks again Quote Link to comment Share on other sites More sharing options...
newbie0101 Posted May 1, 2016 Report Share Posted May 1, 2016 Hello could someone be so kind to share it again ,if possible with some instructions. thanks again Here is what I have thanks to all the Wonderful people here-- https://www.sendspace.com/file/06fa38 https://www.forexupload.com/2Zi Hope Helps-- Have a Great Wknd peter pinto, shrike, Posteris and 8 others 11 Quote Link to comment Share on other sites More sharing options...
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