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Re: [RT] ProfitTraders



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Michael:

    CycleTrader is sponsored by DH Financial and they have a website,
cycletrader.com. It was written (developed) by a guy who was a partner of
Walter Bressert, but for some reason they had a parting of ways.  It was not
Ray Kelly, I don't think.   Walter's new program is ProfitTrader.
    It does go into different cycles but does not specifically mention 18
weeks, but rather uses algorithms that predict cycles based on recent
history and suggests trading on five minute bars with a twenty minute time
period to define the trend.
    Yes for indicators, including stochastics, RSI and RedLine, PowerTrend,
Parabolic,Time Bands, Detrends, Volatility Indicator, Divergence, and
others. And the bars light up with different colors according to the
indicators.
    I feel its a good tool, it's just a task trying to learn how to manage
it, what indicators to use, and what stops to follow, even though there is a
Money Management tool to help with this.
    I was curious about Walter's new program ProfitTrader  and if it adds
anything new.

    JohnO



----- Original Message -----
From: "Michael Bethell" <mdtmn@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, December 10, 2002 11:04 PM
Subject: Re: [RT] ProfitTraders


> Hello JohnO,
>                       Is  Cycletrader the program,  he (W Bressert ) did
> with Ray Kelly?
> Does the software program or the manual go into any detail of the various
> cycles he (W Bressert ) and James Jones
> discussed in the HALCO  newsletter of years past?
>                 Does it discuss the  18 Week (+/_) primary cycle , 9 week
> (+/_) half primary cycle, major cycle or trdaing cycles?
> Defintions of cycles  and the intergration of the different time frames ?
>
> Are there any technical indicators used for confirmation of crests or
> troughs of those cycles ?
>
> Thanks
> Michael B
>
>
> ----- Original Message -----
> From: <jdfo@xxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, December 11, 2002 2:50 PM
> Subject: [RT] ProfitTraders
>
>
> >     Has anyone had any experience with Walter Bressert's ProfitTrader?
I
> am
> > using his prior partner's CycleTrader program which has some fairly good
> > signals, and am wondering what the merits of ProfitTrader are.
> >
> >     JohnO
> >
> >
> >
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