***** THE EXCEPTIONAL POWER OF MARKETMASTER(tm) ***** ********** GIVES YOU DECISIVE WINNING EDGE ********** READ WHAT INDEPENDENT SYSTEM EVALUATOR HAS TO SAY ABOUT MARKETMASTER IN CLUB 3000 NEWS, THE OFFICIAL NEWSLETTER OF THE WORLD'S LARGEST NON-PROFIT USER GROUP (CLUB 3000) OF SYSTEMS AND SOFTWARE FOR STOCKS AND FUTURES TRADING: "I loaded [tick data for Swiss Franc (Symbol: SFU)] into my MetaStock in all sorts of time frames and checked out all sorts of the prepackaged lagging indicators, such as MACD, etc. on the data. Nothing really worked. Then, I remembered [MarketMaster]... [MarketMaster] made 8 trades for the month of June: 7 completed, of which 1 trade was a loss.... for a profit of +286 [ticks, or 132%] for the month." (Article below was excerpted from Club 3000 News, 17 September 1990 issue.) Bob McGuire on MarketMaster: ============================ For some time now, I have been looking for a way to trade the market during the day in an efficient, easy and economical way. I have talked to a lot of friends; most do not have any tick data and the ones who do have as many different ways to day trade as there are different people day trading. Some use cycles, some use chart patterns, a few use lagging indicators, such as relative strength or stochastics. I can't comment on their methods, as this would compromise any secrets I may have inadvertently discovered. After trying a few trading systems during the day, I noticed that the time bars during the day (5 min, 15 min, 30 min, and 60 min) very often behave quite similarly to daily bar charts. I thought that most trading systems that work well on daily charts should work really well on smaller time bar charts. After thinking about it a while, I decided that it would be tough to adapt many position trading systems to day trading, as most of the systems that work don't use a computer and would take a lot of time to chart after each bar was formed, perhaps longer than the time bar was good for. I had to find something that worked, and worked fast. Most day trading systems use information from the previous day to enable you to take action the next day during the opening, or at a specific price. If that is the case, you cannot tell if, during the day, a minor change in trend, one or two days, occurred. I finally got some tick data I could play with from Tick Data in Colorado. I loaded it into my MetaStock in all sorts of time frames and checked out all sorts of the prepackaged lagging indicators, such as MACD, etc. on the data. Nothing really worked. Then, I remembered [MarketMaster]... and thought I would give it a try... I thought I would try SFU [Swiss franc] for the month of June, which was a very flat month, only a little over a two-point month from top to bottom. MarketMaster works by taking a bar, such as high, low and close for the day and measuring the strength and weakness. There is a confirmation line, a moving average line and an indicator line. Your signal comes when the indicator line passes through the confirmation line. Wait till the second bar is analyzed to make certain that the indicator stays on that side of the line and go short or long at the next opening. This amount of time is OK since MarketMaster is a leading indicator and will probably give you a signal early. I chose to put in hourly bar charts instead of daily, as the shorter term trend was what I was looking for. This would also give me plenty of time to work on the system between trades. It takes 17 bars of information to get a meaningful signal, so my first signal was not until the 5th of June at 12:20 pm. Trading it on paper, not using any stops and constantly being in the market one way or another, it made 8 trades for the month of June: 7 completed, of which 1 trade was a loss for 6 ticks. The one loss trade did go into the loss column by almost a point before changing to another direction for only a 6 tick loss. The trades worked like this +19, +92, +104, +24, +75, -6, -22, for a profit of +286 [ticks, or 132%] for the month. The first trade of +19 was the tail end of a much larger trade started the month before and the last trade, which shows a small loss, was just started as a long trade at 11:20 CST on the 28th and carried to the next month. There was a huge gap up on July 1st, making that trade actually a big winner in the end. I love to experiment with this stuff so I called my broker to see if he would help me trade it. We've got no problem there, for he is a full-service broker. What I need is the high low and last in the hourly bar charts which must be gathered and input to the computer every hour. I am like a lot of traders and can't watch a screen all day, but I could enter figures once an hour. The hourly bar charts work fine for SFU. I suspect that the S&P 500 may be able to run on 30 min bars, but I haven't tested that yet. To work on shorter than an hour, you would need your own tick data and bar charts and a second computer to run MarketMaster so that you don't interrupt your data gathering. Copyright 1990 by Club 3000. Club 3000 News (Reprinted with permission. Endorsement of MarketMaster by Club 3000 not implied.) NOTE: The latest version of MarketMaster, with even more powerful new analyses and features added, now posseses 2 times the forecasting power of the above 2-indicator version tested and reported by Bob McGuire of Club 3000. To try commercial version of MarketMaster now, call R.M.C.: (408)-773-8715 Or write: R.M.C. P.O. Box 60842 Sunnyvale, CA 94088-0842 U.S.A. ************************************************************* R.M.C. now offers ProfitMaster(tm), a STOCK PRICE FORECAST database accessible by touch-tone phone, covering 8,000 NYSE+AMEX+OTC(NMS) stocks on a daily basis. FREE trial available. Call (408) 773-8715 for latest access information. R.M.C. also provides the best picks (long and short) on 8,000 NYSE+AMEX+OTC(NMS) stocks on a daily basis as a 900 number service. Call R.M.C. at (408) 773-8715 for more information. *************************************************************