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RE: ASCTrend ; CQG's software and datafeed



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Can you comment on the pricing of the above services ??


> -----Original Message-----
> From: LIZ MERRILL [mailto:lizmerrillcboe@xxxxxxxxxxx]
> Sent: Sunday, May 16, 1999 3:03 PM
> To: doug@xxxxxxxxxxx; lutz.mehlhorn@xxxxxxxxxxx; omega-list@xxxxxxxxxx
> Subject: RE: ASCTrend nothing but a fast stoch
>
>
> >From: "Doug Forman" <doug@xxxxxxxxxxx>
> >To: "Lutz Mehlhorn" <lutz.mehlhorn@xxxxxxxxxxx>,        "Omega"
> ><omega-list@xxxxxxxxxx>
> >Subject: RE: ASCTrend
> >Date: Sat, 15 May 1999 11:50:25 -0700
> >
> >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
> > >
> > >
> >
> >ASCTREND IS NOTHING MORE THAN A 9 PERIOD FAST STOCH, WHICH PAINTS
> THE BAR GREEN WHEN STOCH CROSSES ABOVE 70 AND PAINTS THE BAR RED
> WHEN IT CROSSES BELOW 30. THESE LEVELS ARE ADJUSTABLE BY SENSITIVITY
> SETTINGS FROM USER. ALSO, ASC'S STOPS ARE AGAIN NOTHING MORE THAN
> CHUCK LEBEAU'S YO YO EXIT. ASC IS GREATLY OVERPRICED, AND HAS MADE
> IT'S PROMOTER MORE MONEY RISK FREE, THAN HE COULD HAVE EVER MADE
> IF IT ALL POSSIBLE USING THE DUMB INDICATOR IN THE MARKET. ASC
> SHOULD HAVE BEEN PRICED AT $25, AS ONE OF BRUCE BABCOCK'S SYSTEM'S.
>