AbleSys
"eASCTrend is a professional decision making program that is universal to any markets and any time charts including Stock, E-mini, Forex and Futures markets. It can be used for any trading styles: Day Trading, Swing/Position Trading, Portfolio/Position Trading, Auto Order Execution (AOE). AbleSys has successfully provided traders with powerful buy/sell signals and dynamic risk-control stops since 1994! S&C Award-Winning 1997-2005."
Website: http://www.wintick.com/
User Reviews
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85 of 115 people found this review helpful
Not sure by Deucalion
Extensively tested this on various markets both EOD and Real Time. It lags a lot, Seems to be using the Parabolic SAR oscillator (the signal seems very similar).
Poor job in sideways market (so bad that without very strict money management you portfolio will see drastic drawdowns).
Excellent job in trending markets, especially in strongly trending markets.
Unless you realize what you getting into and appreciate what it is telling you....pass on it. This is a mechanical system despite what is advertises. Also, the lacks the intuition that an observant trader always possesses.
For that reason alone, it is always 2nd to your brain. On the flip side, it lacks the emotional slant that most people's brain have.
Bottom line - not helpful to me. If you spend the time to understand how it works and in fact do understand it's abilities then you already have the technical aptitude to develop a system yourself.
Skip It.
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37 of 69 people found this review helpful
Not good with TradeStation by Patrick B
I have used both the Ablesys program and the TradeStation version. With the Tradestation version, you cannot have the porgram update inter-bar. If you do, the systme gives a lot of false signals. Ablesys claims this is a Tradestation problem, and cannot make the software work properly.
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58 of 110 people found this review helpful
Able Sys is a good tool by Nofee
I have been using Able Sys for two years.
I trade stock indexes and find that it must be used with other techical tools.
The systems value is that it keeps you in your winning trades and helps avoid unacceptable losses.In trading and most professions no one tool is going to work all the time, like a doctor using a bone saw to cure a cold. As traders we must learn to diagnose the market and use our tools accordingly.
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132 of 269 people found this review helpful
It looks good, BUT... by Bob T.
I subscribed to AbleSys for 1 year. I am a TradeStation user, and after about 6 months of using AbleSys, I figured out that I could replicate most of what it was doing by myself on my TradeStation charts. AbleSys will do some nice things for the average trader, BUT it is WAY overpriced for what I got out of it.
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147 of 278 people found this review helpful
ablesys software by john
i am certainly not happy with this software-i am not running them down-its just that after sometime using it--i have found and realised that there are systems far more superior for the forex market.those that are totally lost in trading will find this heavenly...like the way i did when i was least equipped with knowledge about trading systems.
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