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[EquisMetaStock Group] Re: Walter Bressertâ??s ProfitTrader



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Adrian, OK, here is what I am looking at and trying to interpret. I 
am assuming your chart looks like mine. Middle chart is price with 
moving averages and top 3 are OB/OS, DBS5, and DBS10(with mechanical 
B/S sig) and bottom 2 are BLine(B/S sig) and BLine Oscillator. I try 
not to get tangled up with Bressert's recommendations on the 
Oscillator, I rely on the BLine mechanical B/S sig to guide me here. 
I try to look at the EMA % Diff for overall view, i.e.: up is good, 
down is bad. Ideal is for top 3 and BLine to agree for Buy or Sell. 
Look at 5/8/02, 5/20/02, 8/23/02, 10/10/02, 1/2/03, 3/13/03. Now you 
don't always get all 4 on the same day.On 5/8 and 5/20 all 4 lined up 
but EMA had not committed yet. Judgement call. I believe all 4 trump 
EMA here. 7/29/02 Buy EMA turning up and DBS10 and BLine agree. I 
listed 12/3/02 as a Sell but on 11/22 BLine gave a Sell and 11/26 top 
3 followed suit although EMA was not turning down but on 12/3 all 4 
sigs indicated a Sell. On 1/2/03 all 4 indicators gave a Buy and EMA 
was turning up.On 1/14/03 BLine gave a Sell and on 1/15 top 3 
followed. On 3/12 top 3 gave a Buy and BLine followed with a Buy on 
3/13 with EMA turning up. This is the way I look at it and I'm still 
in a learning phase and welcome help and constructive criticism.

Jim--- In equismetastock@xxxxxxxxxxxxxxx, "Adrian Pitt" <apitt@xxxx> 
wrote:
> Jim,
>  
> I would be interested to know your reasoning or see a GIF of your 
screen
> as I wasn't aware that the trades, if based on a daily timeframe, 
lasted
> this long?  I am assuming that the dates you mention are reversal
> points?  Making the first trade almost 2 months long.  
>  
> Adrian
>  
> PS I have PT for TS.
> 
> -----Original Message-----
> From: James Briggs [mailto:jobriggs2@x...] 
> Sent: Friday, 14 March 2003 3:14 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Walter Bressert’s
ProfitTrader
> 
> 
> Adrian, I pretty much follow Bressert recomendations. I mainly am 
> looking at QQQ. I went back and came up with these dates:
> 5/24/02 Sell
> 7/29    Buy
> 8/23    Sell
> 10/10   Buy
> 12/3    Sell
> 1/2/03  Buy
> 1/14 or 1/15    Sell
> 2/14    Buy
> 2/20    Sell
> As you can see from the 1/14 date this is no "black box" in my 
hands. 
> I use the All template(all indicators). If you have the program I 
can 
> give you my reasoning for the above dates.
> 
> Jim
> --- In equismetastock@xxxxxxxxxxxxxxx, "Adrian Pitt" <apitt@xxxx> 
> wrote:
> > Hi James,
> >  
> > How effective do you find the PT add on?  What time frame do you 
> use it
> > for?  And what part of PT do you find most useful?  Do you use it 
> just
> > as Walter suggests or have you tailored it to your own guidelines?
> > Sorry if this is too many questions :-)
> >  
> > Regards,
> > Adrian
> > 
> > -----Original Message-----
> > From: James Briggs [mailto:jobriggs2@x...] 
> > Sent: Thursday, 13 March 2003 12:58 AM
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Subject: [EquisMetaStock Group] Re: Walter Bressert’s
> ProfitTrader
> > 
> > 
> > I have and use ProfitTrader daily. I use on stocks only, no 
> futures. 
> > Actually there are too many templates for my use. I got 
> ProfitTrader 
> > when it first came out and there was a trial period at that time 
I 
> > also have Nison Candlestick which I don't use.
> > 
> > Jim
> > 
> > --- In equismetastock@xxxxxxxxxxxxxxx, JayTownsend@xxxx wrote:
> > > Hi:
> > > 
> > > Does anyone have experience with the MetaStock add-on "Walter 
> > Bressert’s 
> > > ProfitTrader?"  I (and a zillion others) have recieved 
a "special 
> > offer" from 
> > > MS for this plug-in.  I'm especially interested in its use with 
> > futures 
> > > trading.
> > > 
> > > The website has the following splash:
> > > 
> > > Buys bottoms and sells tops with low dollar risk.
> > > Â  
> > > Generates high probability mechanical buy/sell signals.
> > > Â  
> > > Identifies high probability cycle OB/OS time periods.
> > > Â  
> > > Forecasts future tops and bottoms with 70-90% accuracy.
> > > Â  
> > > Plots Timing Bands to forecast the dates/times for the next 
cycle 
> > high, and 
> > > the next cycle low.
> > >     
> > > Any input would be appreciated.
> > > 
> > > Jay
> > 
> > 
> > 
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