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Good Morning RealTraders:
Well , I just got back from DH Financial and Bob Harnach in Chicago.
My meeting with the people at CycleTrader was great. To answer the first and
foremost question on everyone's mind, "When will it be shipped?" All I can
say is that last weekend they finalized all the indicators and they have
been sent for a final debugging. The beta version will be out in the next
two weeks and the technical writers are writing the manual. Looks as if it
will be soon.
Anyways, here is a few items to note about CT 5.0. The indicators have
advanced dramatically. After being privileged to preview CT 5.0, I can tell
you it will be well worth the wait we have all experienced. Every indicator
is more automated and quicker, but still flexible in use. There are a lot of
new money management indicators as well. The beauty of these is they will
help you exit trades in a timely manner based on historical cyle analysis.
The Automated Timing Bands (ATB) are WONDERFUL. In the past we determined
the the cycle length, then calculate the timing bands, input the
calculations, and finally updated each cycleplot. Now the ATB's do it all
with a point and click of the mouse. It takes all of 3-5 second for all of
this to occur after the click. Huge improvement.
One new feature which will be available sometime after the initial release,
will be the ability to build a trading system out of indicators.
Please keep in mind, I have signed a confidentiality agreement so my
information is somewhat vague at times. Also, this trip was paid for
entirely by me and I received no compensation what so ever. However, Mr.
Harnach was kind enough to take me to dinner last Thursday evening if you
wish to call that compensation.
When I receive the beta version to test, I will ask Mr. Harnach if I can
release additional information at that time. Meanwhile, if you have any
further questions please contact me at your convenience.
Respectfully,
Richard Chehovin
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