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I've been using ASCTrend since it was first released several years ago.
It has proven to be an excellent confirming indicator when used with my
other trading signals. The early version that I use provides two
independent trending measurements, as well as coloring the price bars for
up/down/no trend.
As a position trader, the way I use ASCTrend is by creating a workspace for
each of the 16+ futures contracts which I trade. In each workspace I have 6
charts... from left-to-right, top-to-bottom:
Weekly ASCTrend2 Daily ASCTrend2 Hourly ASCTrend2
Weekly ASCTrend3 Daily ASCTrend3 Hourly ASCTrend3
(ASCTrend 2 is more conservative than ASCTrend 3, and they provide
independent trend indications).
By glancing at this screen, I can get a terrific dynamic "trend reading" for
each contract, which I use primarily for determining exits.
While I have some personal disagreement with ASCTrend's current pricing and
licensing policies, and have personally chosen NOT to upgrade from version
1.0x (the current version is 3.x), I do think it is an excellent trading
tool, and I use it every day.
(I should note that I use CQG for my primary data feed/charting/trading)
Doug
> -----Original Message-----
> From: Lutz Mehlhorn [mailto:lutz.mehlhorn@xxxxxxxxxxx]
> Sent: Saturday, May 15, 1999 6:41 AM
> To: Omega
> Subject: ASCTrend
>
>
> Dear Listtrader,
>
> in searching for a good trend-indicator-System I found the ASCTrend
>
> www.ablesys.com
>
> It looks quite good also the awards are impressive.
>
> Has anyone experience with this indicators, are they that acurat as
> described?
>
> They cost a lot of money so I am very interesting in short comments of
> people who are using or who have unsed ASCTrend.
>
> Thanks a lot
>
>
> Happy Trading :-)
>
> Lutz
>
>
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