At this time I am reviewing the Bulls ‘n Bears plugin for Track ‘n Trade Pro, also called the Red Light, Green Light, Blue Light Trading Trading System. I hope to publish a technical whitepaper as soon as time permits, and current futures data can be tracked.
At first glance this seems to be an semi-automated new indicator that will work on all Track ‘n Trade platforms, futures, stocks and forex. But it is much more powerful than just an indicator. This is a risk and money management strategy tool that tells you when bullish and bearish trends begin and end, with a yellow indicator to show when a market is running sideways, or not trending at all.
The Blue Light stop loss system uses a hyperbolic formula in conjunction with the Red and Green Lights to show where to correctly place your stops. The Blue Light is a dynamic relationship with your entry point, and trails the trade you’ve entered. These three ‘lights’ are calculated points above and below the days price range for the chosen commodity or instrument.
The software is fully adjustable to suit your level of risk tolerance, and is not a sealed mechanical ‘black box’. One of three levels of trading aggression or conservation can be chosen, each of which is easily fine-tuned to match the personality of the particular market you are trading.
Its quite amazing to use the Bulls ‘n Bears System with 25 years of back data. Often backtesting with indicators is hindsight, but this is much different in that the mathematical formulas are in a dynamic relationship. I am putting it through its paces with live, current data, and the results are very interesting indeed. Combined with candlesticks this could prove to be a very profitable (and profit-saving) tool and strategy, and could take my commodity trading to a whole new level! Please join me, a 30 day trial is always available to prove to yourself what you can do.
Over three hours of video training come with the Red Light Green Light Blue Light Bulls ‘n Bears Plugin. Gecko is always tops in the market when it comes to providing the full education needed to use their software tools and platforms. Even as an educational tool, this can help fine-tune your own strategies for placing entry points and protective stops. You can learn a lot with a free 30 day trial, if you put it to good use.
Click here to watch two short videos and see some screen shots of how the Bulls ‘n Bears Sytem might help you.
To quote Lan Turner - “Where systems fail, methods prevail.”
