You know that classic rock guy whose video’s I’ve posted here from time to time (check for posts tagged “weekend nonreading” if you haven’t)? Well, he posted a video about his indicators, which I found interesting. (No background music this time, I’m afraid)
… of course, it’s pretty light on detail about how some of the indicators are computed, because I think they want to lease those indicators to you. So, they seem to be at least partially magic black boxes. Especially the “Jazz Master Key” they use for entry… I have no idea what’s in that thing. There’s a page off EOTpro.com (their site) that gives a little more information about each indicator. There are links to more movies which are not viewable on my mac due to codec issues. Oh well! I doubt they explained how to compute them.
There’s also a forum at the tradestation site with lots of example charts. I notice that the first few pages have very different indicators than the latest ones. Perhaps some clue as to what’s underneath the new indicators can be derived from that? I don’t know.
I have no idea if their system really does work well, or not. Obviously if you’re producing videos about a system you want to sell, you’re going to shoot them on the days that the system outperforms. But, I really do like their marketing approach, which is: generate interest in the product by making fun, free videos for me to watch. More companies should do that!
Here’s another live trade, by some woman using their system. I see her name associated with the site a bunch, so I believe she works with them:
Watch this post's video on Youtube
Watch this post's video on Youtube