Below is a
sampling of some of the many unsolicited testimonials
we recieve from happy customers. To protect the privacy
of our clients, we have reduced the full names to initials.
The newest testimonials are at the bottom of the page,
the oldest at the top.
FOP is great...
i set the UP fractal and sold ES H2 at 1123(at end of
fractal) got out at the bottom of the DOWN fractal at
1076. natal forecast was good and smartmoney/dumbmoney
is always a winner. THANKS, FC
*****
I believe
that people like yourselves are doing extraordinary
work in the futures business and would also like to
tell you that I made $4000 profit today on the S&P based
on your forecast and $15000 in the past week and a half.
MB
*****
What i have
looked at so far is impressive. My initial thoughts
are that you have something exceptional that can be
very beneficial to experienced cycle or timing traders
like myself. The less experienced probably run into
trading or interpretive problems and get discouraged
or blown out.. Unfortunately I have a number of deadlines,
overdue and approaching, that will tie me up for another
two weeks or so. Once done, I plan on diving into your
material...Your work is the most exciting I have seen
for years.
WB
*****
Your continued
support is deeply appreciated. I have never come across
a developer that provides such dedicated technical support.
BW
*****
Fantastic
work Erik. I checked out the down load area as you suggested.
You have raised the bar on trading programs. Work fast
my friend.
B
*****
started using
your software yesterday.
i kinda got it set-up to where it works for me,..
had a good day, i was up 42.50 points, trading 10 emini,
5 trades
RC
*****
From everything
I've seen, this is the best software ever produced.
PF
*****
Erik, I just
went out to your web pages a few times and spent about
an hour trying to absorb the content and come to a decision
about purchase (rent). Just one word comes to mind........"JEEZO
PETE, HOLY MOLY, TRADESTATION..... MOVE THE F__K OVER!"
KM
*****
I'm still
absolutely amazed at the accuracy of natal forecast
and your other propriatary indicators. Man, keep up
the good work. All updates working slick!
H
*****
Well, I haven't
seen another momentum indicator perform like your and
in my TS
I have plenty of them... As for exhaustion bars, they
do their job, sure are not the holy grail but
properly used can help in identifying turning points...
I want to thank you again for your unusual availability,
I hardly remember any american like that. most of all
you don't seem to be there only to sell something.
FB
*****
I just thought
I would pass this along to you. The pivots [Exhaustion
Bars] were RIGHT ON today. We had an absolutely terrific
day. I think I can get used to them!!!
Best,
CR
*****
"I'm really
impressed... I have now realized what is really possible
with your developments..."
LM
*****
Hi Erik, a
very impressive day!!! The market, although inverted,
turned right on time. Keep up the good work!!!!
MM
*****
You have a
great product with wave59 and it should be recognize
for what it is. I cannot think of any other software
for trading at this point in time that has more sophisticated
tools and vast number of features as your creation.
Plus Wave59 keep evolving with more and more sophistication
that are rally usefull for trader. Keep up the good
work.
PS
*****
9-5 called
a short breakout on PMCS at 17.79 and it is now 17.36.
This is really cool! Just thought you would like to
know...:)
TR
*****
Well either
I was real luck today or SQ9 is awesome. At 9:30 am
et I predicted the hi or low would be 1504/1455 on the
E-nq. It was right on, let's see if I can do it again.
JG
*****
Erik this
is an INCREDIBLE product. I use the Natal Forecast with
[...] and it's amazing how closely the Dow follows this
track. I've tested it back to the beginning of this
year with a few basic rules I devised and it shows 22
wins and 5 losses. I can't get as good results with
the Nasdaq though. Perhaps I need to experiment with
some other planets and such.
I was also extremely impressed with your Ultra Smooth
Momentum Indicator. I can't tell you the number of times
that I've been burned by trying to use divergence in
indicators like regular momentum and MACD!
I'd appreciate any pointers you could send along regarding
Astrology and market timing. Thank you for an excellent
product!
Sincerely,
FT
*****
finding time/price
locations with square of 9, ephemeris,and using pattern
tools: fib vortex and FOP is amazing.
most of the time i know when and where price will be
the night before i put on a trade and how many 8min
bars i have before i get out. figuring out how far the
trade will go i have not perfected. a lot of times it
blows right through the pre determined exit levels so
i make more money which is just fine. i always exit
by the time i've reached my projected bar count. it
is really a little un nerving to have this kind of clarity
in the markets.
thanks for these wonderful tools and the adventure i'm
on!
sincerely, FC
*****
Hi Erik,
Taking a while to adapt to Lomb, and ultra smooth. Wanted
to share something really neat though. End of day, about
to go long indicators and divergence said yes. But I
was slow to get in so was looking for good entry and
it started to retrace down, so I waited.. I got the
fib vortex up and aligned, earlier, and it hadn't reached
the projected high. As I watched the mkt. come down,
and it was cool because I was half expecting this, It
landed on the axis line and followed it right up, finishing
right at the anticipated high on a curved line. Wow
spooky...My trading friend think I am nuts...But I am
starting to trust this thing...I switched to es so I
could use the easier , your guidance, on the 12 x3 scaling....Just
wanted to share my amazement..all the best DF
*****
Thanks Erik,
I am pretty impressed with your program. It can keep
you on
the right side of the market, and you know when to look
for turning points.
Thanks again,
MM
*****
This is an
amazing program, it is changing my life!
F
*****
I'm absolutely
amazed at your program and indicators. It certainly
is a pleasure to have the advance indication of market
direction. Nobody else has got that, that I'm aware
of. Good luck on your marketing efforts as you well
deserve all the success I'm sure you're going to have.
HB
*****
Also wanted
to let you know that I have tried several software programs
and also plug in's for
Tradestation. I can't tell you how much I like wave59
in just the one week I've utilized it for trading.
RG
*****
Just a quick
word to tell you that your soft is great and offers
more than other programs in the market.
PC
*****
This is WILD!
What a great tool for the NQ!!!
Thanks, this program is the best I’ve ever used, keep
it coming, but maybe you want to rename it to “ATM”!
lol
SH
*****
[The following
was in response to a question posted in the discussion
group]
Yes this program delivers what is promised and more.
Yes you can make loads of money using the unique tools
in this
program.
I make money on 8 or 9 out of 10 setups / trades (mostly
i get stopped
out early and have to get back in)
i started trading with system writer in the early 90's
i have every product Omega res. has put out including
prosuite 2000i and the online ver. tradestation 6
W59 IS UNIQUE!!!
you can not find a program with this collection
of tools. they give you an edge.
to be a trader you have to find how YOU trade. the program
is only a
tool but what a tool!!! if you can't develop a winning
technique with
this program you probably should not be a trader.
go to wave59.com find the "weekly showcase" print these
out and STUDY
them. you will find techniques that are truly amazing.
this program's strengths are in DAY TRADING it is NOT
designed for
long term position trading.
I would buy this program just for the intraday natal
forecast.
the ephemeris, square of nine,and drawing tools are
the most unusual
and powerful features in the program. when you learn
how to use them
they will predict FUTURE time and price windows where
trades will
occur. you dont chase price you let it come to you,
when it does
your dead right and your trade will be a winner!
the clarity that this program can give you about price
movement is
incredible. i feel that i have an unfair advantage,
TRADING HAS NEVER
BEEN EASIER or more enjoyable.
forget about the money in the markets and just let this
program
teach you how the markets really work. the money is
just a by-product
of your knowledge...HAVE FUN along the way! (this is
not work it's
play):)
how long does it take to become a doctor? get an MBA?
become a
certified auto mechanic? trading is no different. IT
IS NOT QUICK EASY
MONEY!
when you really are not worried about money, and are
totally immersed
in W59, feel very comfortable with what you see on the
screen, you know when you have a trade with out a doubt,
you are
probably ready to start trading with this program.
PLEASE USE PROTECTIVE STOPS when you enter a trade,
but give price
enough room to move...THANKS! .....OK! OK! i hear you!
i'll get off my
soap box now!
frank c.
*****
Hi Erik
These tools are great, I fit some of the tools to Comex
Gold and they fit great. The vortex is superb! I don't
know how to use Sq. of 9 yet and many other tools, it
seems like a full time job, there are so many to learn.
The 9/5 is on the money. and the little dots work good.
People who don't have tools like these are trading blind,
and they will get ticked out of a good position time
and again. As far as the astro tools go, I used the
wave generated out of nasa data on the exchange location
and the one that shows the red and blue lines crossing
each other. The date I used was a logical one since
I don't know the actual, "...", and it seems to fit
very well. I used other dates that did not fit as well.
In fact it fit the gold daily right to the notch when
I slid the chart up and down with the big hand. I guess
cosmic logic is true logic, and unencumbered by worldly
emotion. Like a pilot suffering from vertigo, you must
trust your indicators! When your winning position is
high flying on a long and your emotions have been wiped
up and down you need a navigator to tell you where your
at. Of course you know all of this, but don't you like
it when someone discovers what you are trying to do
for them.
Thanks for these very nice tools!
TZ
*****
Wave59 is
the single best trading software I have ever seen, period.
If you can't make money with these indicators, most
of which are not available anywhere else, you shouldn't
be trading. As far as I am concerned, it is the Holy
Grail.
DV
*****
Dear Erik
I just wanted to thank you again for your help and let
you know that everything is going great.... I applied
the tools and indicators to past data and tried to assess
where I would go long or short as paper trade and the
accuracy is amazing. My best surprise is the Natal forecast
- I remember that at the first days after finding out
about your software I was very excited, but I almost
didn't even wanted to read about the Natal forecast.
But now I fall in love with this indicator more and
more from day to day.
Thanks.
Sincerely Yours
R
*****
By the way,
I really like your software. I've traded for a few years
using many different software and yours is the best
so far. I'm very pleased with what I use and I don't
even use half of what you have to offer!
Keep up the good work!
DV
*****
Hi Erik,
I have been trying and using Wave59 and found it is
the most stunning software in the world even just using
few indicators.....
DF
*****
...Any ways
I think I'll stick around while you keep making a product
that is already very powerful, even better and more
exciting. My hat is off to you and I extend a nice thank
you for what you have done already.
RJ
*****
I gotta tell
you this is the most useful tool I have ever used I
wish I knew about it 5 years ago when started trading
it could have saved me a bundle
KB
*****
For the first
time ever, I'm able to stay on the right side of the
market. Your AMA's are incredible! Combined with Ultra
smooth it's a killer!!
JB
*****
It [9-5 Count]
has to be the greatest indicator of all time. I congratulate
you on your work.
RW
*****
I can't believe
that between the ultra smooth momentum, the lomb periodogram
and the exhaustion bars and 9/5, all the soybean turns
at the major turns of the chart were picked off!!!!!!!
P
*****
...In any
case thanks for the help. If I sounded a bit urgent
in my messages it's because I wouldn't even think of
trading without Wave59 now. A testament in itself about
your program. Believe me when I say I have used a lot
of them in the past. From GET RT, to Elliot Wave Analyzer
(and others). They don't even come close to W59.
JG
*****
Just a short
note to let you know I am enjoying all of the indicators
which you have sent me. You and your organization have
done a great job on developing and programming these
gems! Thanks.
Yours very truly,
M
*****
Wave 59 is
amazing! First I thought it was pure luck, but it is
not................so a lot of money has become mine,
the last days.......
WM
*****
As I said
before your software "ROCKS".
The best out there and I've tried them all.
AM
*****
I am very
impressed with Wave59. It's an awesome piece of software.
I will not trade again without it. I have given the
Wave59 a pretty good workout each night during this
month of February [...] The tools you've designed into
Wave59 are uncanny in their ability to pick turning
points.
RB
*****
Yesterday
was my first trading day using your innovative indicators,
and I was very pleased, and somewhat amazed at their
combined value for timing trades. After I tune up my
knowledge and instincive read on them, it seems that
it can only improve. Congratulations on your hard work
and innovative genius.
RK
*****
Dear Erik:
I received your book: Volume #1 this weekend, and am
still reading it.
I sincerely mean this: I have a huge collection of market
books which cost me a small fortune over the years.
This book is superior in every respect to all the others.
It is a pleasure to read. It is as if a teacher has
lifted the veil and revealed what you have to know to
make money in the market.
The price would be cheap and a bargain if it were $1000.00
I can't wait for the rest of the series!!!!!!
I can't thank you enough.
Sincerely,
PB
*****
Wave59 is
great. I was using Metastock and was having a great
deal of trouble getting things done. There were things
I wanted to do because I was recognizing time price
relationships that I could not manage with their tools.
Especially with their lack of proper chart scaling tools.
The Lomb Periodogram and the Fibonacci Vortex are amazing
in their accuracy. I'm using them on 1 minute e-mini
S&P charts. The Lomb, even when it isn't accurate, is
keeping me out of some potentially losing trades by
watching the probability histogram. Thanks for the great
work.
RM
*****
Erik
Just want to say, your program rocks. I am a new user.
I was referred by Yank. At first I didnt believe
this stuff would work the way it does, but I do now.
Thanks for making a program like this.
C
*****
I got book
you send me. Thank you very much! :-)) This book is
packed with great information. I am very happy to receive
it You are so kind to share your wave 59 program and
knowledge to us. I am look forward to buying your 2nd
book.
MY
*****
I just signed
up last week and have to say this is the most amazing
software I have ever seen - there are so many fantastic
tools - you must be a total genius to put all this together.
I just received the book on the technical operators
yesterday and found that really interesting and most
helpful - I am really looking forward now to your next
book - when do you hope to have it published?
DT
*****
Your software
is all I need and it's great. By the way, all my friends
think I lost it when I told them about this hocus-pocus
software. Talk about the hoots and howls. But..........guess
who's laughing now. Really good stuff you know.
D
*****
I have only had wave59
for a day and a bit, but have already set up a 5 min
chart and added quite a number of indicators. I don't
need to tell you, I'm sure, that wave59 is so far in
front (of what I had been using) it isn't funny. There
were about 6 divergences from the super smooth momentum
indicator alone over a matter of hours, whereas with
the online chart I have been using, only 2 were detectable,
but with so much noise that I would have queried them
anyway. Combined with the EX bars and the 9-5 count
(these act to confirm each another) all these trades
were workable - AND profitable. Add the Gann fan and
the Fib. vortex, which I did after getting the scaling
right, and that just added to the confirmations.
At long last it seems
that with wave59 I will be able to turn a profit with
a high degree of certainty in trading, instead of just
hoping that my analysis from old indicators would work.
Apologies for the bit
of rambling, but I guess you get that from most newbies.
Thanks
JS
*****
I am astounded by the complexity of your program.
My husband is a programmer and also says "WOW".
He tells me that there is no way I will appreciate how
much hard work went into this program.
I did get esignal downloaded so I have data to work
with....now to try and
learn even half of all the goodies that you offer.
Thanks so much for taking the time to write this program
and I hope you end
up making a ton of money from it.
P
*****
Your indicators were loaded yesterday and first look
and reading the instructions has you as some sort of
genius in my eyes. The indicators are brilliant in concept
to actuality on the charts.
JD
*****
hi, Dear Earik..
After studying the wave59 for the last 2 weeks, what
i have looked at so far is impressive and I'm sure that
I still in basic level of using it, This is an amazing
program, and I'm sure that it will changing my life
soon ! [...] Your work gives me the feeling that there
is nothing random in this life, extraordinary work...
thank you so much for making it simple to view..
UJ
*****
Just want to tell you
that your Action Zone is fantastic. It delineates the
day high and low most of the time. And many often it
is the exact day's high or low. When the boundary is
broken, it becomes an important resistance or support
line.
E
*****
[Note:
This was in response to a question posted on the list:
"Is anyone making money with this software?"]
Believe me,
this is best trading software ever available to private
trader. If you make money or not is actually matter
of your research, discipline
and trading plan.
Regards,
F
PS. I do make
money with it. Lots of money. Every single trading day.
*****
Earik,
I have been testing this
for only a few days and realize the value of your
work! I have been trading futures for the last 10 yrs,
and trading full-time
for a living for the last 4 yrs (day trade as well as
posn trade) and have
seen a lot of methods/procedures come and go with big
claims of success but
very little "meat".
I congratulate you on
your product, the quality, efficiency and the price.
A
big thank you from the bottom of my heart.
AB
*****
By the way,
I really love this software you wrote. Amazing. And
your book is really helping me use it better!
Thank you,
MM
*****
hey earik....
just a letter of compliment.....happen
to be checking out your system short while back and
noticed the uncanny shape of the natal forecast for
yesterday and what actually happenned...........also
the 9's and 5's were setting up for a buy which was
supported by the cci which i watch alot
very interesting stuff
here!
thks DT
*****
I'm REALLY
enjoying your software. I'll try to avoid the usual
refrain, "you're a genius," but that's got
to be the truth. You must really be proud of your work.
I know I would be.
M
*****
Dear Earik
Beann,
At the end of the free trial I must thank you for your
work. The Wave59 really works. I did some paper trading
with good results. I have tried earlier eight different
forecasting internet services and the Wave59 was the
first one where I reached positive balance though on
paper only. [...] Continue the same way. Once more receive
my thanks.
Yours VK
*****
Thank you
very much for making this avibable for lease that works
for me!=) And thank you for making your product one
of the very best i have tried . Im now cranking out
alot more winning trades than i ever had . And soon
i think i will have the bragging rights of calling myself
a pro with this software. You have something better
than Advanced Get here keep up the good work i leased
Get but it almost seems like it lags the market or maybe
it that awfull high price that just was killing me .
Thank you for making your software trading solution
and offordable reality. And heck i only live in Utah
i might find myself in CO shaking your hand someday
i think thats where u guys are form right? Well anyway
you deserve all the good credit your recierving for
this software i cant imagine anyone having somthing
bad to say about this software package unless they simply
do not know how to use it period. Your software is a
God send and God bless and God speed be with you and
protect you and your staff form harm as we have seen
with todays terroist attack not even trains are safe
no more . I give to charitys when i win i help the poor!!!=)
Customer 4 life
DD
*****
Hey Earik,
I just saw my first properly set up Fib Vortex - Incredible!
Between this and what I've seen with Natal Forecast
I'm blown away.
TJ
*****
Hi Earik
I must say I would not have believed the close cohesion
between daily price movements and both the Fibonacci
Vortex and the Natal Forecast unless I had witnessed
them both myself during live trading. The vortex acts
like a magnet whichever way I set it up even when I
carry my chart over to the next day and the Natal reading
has been uncannily accurate three days out of four so
far!! Brilliant!
Now I just need to sort out my data feed and get a better
handle on how to interpret the key reversal signals
but the Wave59 software is so good I think it is basically
just going to come down to me having the guts to pull
the trigger when the indicators say so!
Thanks again and regards
RP
*****
Earik,
I got your software installed yesterday and spent several
hours enjoying it.
Earik, this is BY FAR, the most powerful trading program
I have ever seen.
I started using trading software in 1987 and have either
looked at or actually used many programs since that
time. Your program has them ALL beat by a country mile
and that comment comes from someone who has been trading
the futures markets since 1958.
Thanks again for your program. I LOVE IT.
Best regards,
TS
*****
Good Day,
This is perhaps the best software on the market today.
I've enjoyed my trial period a lot. My wife and I will
be traveling most of the summer and into the early fall.
I will contact you when I return to active trading late
this year.
Thanks,
T
*****
I now realise
that I have made a mistake in cancelling my account
with Wave59. I have tried other systems and none of
them can match Wave59. Could you please reactivate my
account.
Thank you,
FJ
*****
BTW, I'd like to take
a moment to congratulate you on an astonishing software
package -- one that I've already found useful even in
this "mystery market". ;-) I'm very much looking
forward to volume 2 of Trading with Wave59. (Volume
1 is a great read, by the way!)
Thanks again for a truly
innovative toolset!
PM
*****
[...] P.S.
I think that this software is absolutely BRILLIANT!!!
After much experimenting, I have found my secret harmonics
set-up and the market tracks the Natal like a dream!
MK
*****
By
the way I would like to add that I'm very very happy
about program. I found it almost 100 % proof on 30 and
60 minutes on YM futures. Only this week I made over
300 points. Keep it going.
LD
*****
Earik,
I love your program. I downloaded it today and used
your 9-5, 123 exhaustion, smooth mom, and lomb period
to confirm my 3 ema cross with aroons and two price
oscillators. Very nice. [...] As a software engineer
for the last ten years and having a B.S. in Mathematics,
I must say you have done a great job with this program.
MT
*****
I
have been a trader for many years and have never seen
anything comparable to the Fibvortex, it is truly amazing.
We have had one losing day trading since July 18. [...]
If there is anything I can do to help promote Wave59
just let me know. Thanks again for developing Wave59.
PF
*****
The live results
and back testing with regard to my methodology seem,
at this point appear to allow me to improve my point
take by roughly 25% with the Wave59 Software- Both with
better management inside trades and keeping me out of
bad ones....
JP
*****
[...]
P.S. I received
the first 2 books I ordered, Trading with Wave59 and
The Fibonacci Vortex Handbook. I finished reading Trading
with Wave59. I loved it!
It will take awhile to go through and try to implement
the Fibonacci one! You have been very exacting, and
should be complimented on your excellent work!! As far
as I can see the software is unsurpassed by any, including
Nexgen.
Paper trading with Wave
59 is like magic compared with the old indicators
that many courses and so called Super Traders like John
Carter and Don Miller use. I have spent thousands of
dollars on seminars and live trading courses at the
Marriott Hotel. All of them use old 100 year old indicators
and a lot of scam, plus when you meet them, they are
very arrogant, and boast about trading 19 contracts
at a time. All I have been doing is loosing money off
and on all year!
CL
*****
The FibVortex is an astounding
tool!! You are a genius - thanks for thinking of it!
Regards,
RL
*****
Hi Earik,
First night of live-trading
the EUR/USD on a 15' time-frame.
3 Wins / One loss (got
greedy and gave some back).
Account up 4% on minimal risk.
I'm a Wave59 convert.
Regards,
K
*****
...Incidentally, your
vortex book is one of the best-written trading books
I've ever bought--concise, clear, and to the point.
If you ever put out more on the vortex, I'd like to
purchase that as well.
RO
*****
[This
message is from a post on our bulletin board - Ed.]
kbinns,
A while back I came across
Wave59, I did not want to spend the extra money for
another charting service since I had a platform with
a chart on it. I finally broke down and tried Wave59
for the free month and used IQFeed as the realtime chart
feed. Earik has been wonderful at helping me get set
up. I use indicators through Wave59 that other charting
services wish they had. Month after month, my bottom
financial line before Wave59 was basically a break even
situation. Now, I am making money. I have forever been
told that less than 1% of the traders out there truly
consistantly make money. It was not because I was not
working hard enough before, because I would be on the
computer all day and part of the evening until I was
tired looking at charts. The problem was not my knowledge
of the market, it was that I was using indicators that
everyone else was using. Those indicators do not work
as they are! Just think for a minute, why are less than
1% of traders consistantly profitable if everyone is
using the same indicators? The answer is so simple that
it is a slap in the face. They are using indicators
that are different. Wave59 provides those different
indicators. And in my case, if Wave59 does not have
the exact indicator that fits your trading style, Earik
will help guide you in the right direction so you can
develop your own indicators. YES... Wave59 software
allows you to develop your own indicators.
So... Is the price of
Wave59 and the price of IQFeed worth it? In my case
where this is my only income, the answer is YES! If
you are truely happy with the income you are making
from trading the way you are presently trading, then
you should stay with the charts you presently have.
If you are wondering why
I am endorsing Wave59, it is because I am NOW making
money from the market. Very few can truly say that.
I am not trying to brag about making money, the point
is that it took Wave59 to do it. Of all the different
things I have done in life and all the education I have,
I can say that trading is the hardest way I ever had
to make money. It takes every legal advantage you can
get!
T
*****
Earik,
Hope all is well with
you. Just wanted to pass along another round of thanks
- the edge/system I have developed with Wave59 is incredibly
dependable and has given me the most profitable week
of my life.
[...]
One of the
principles of my former business life was to catch people
doing things right
chalk up my feedback to that
or maybe it's just the fact that I sit here day after
day making money all by myself with no one to share
it with besides my wife (and of course we know what
she does with it!)
For what it's
worth, I consider the system I have to be relatively
basic with the differentiating factor being that its
built primarily on indicators you have with Wave59 that
most traders using conventional indicators do not have
access to.
Anyhow - have a great
weekend and keep up the great work!
RL
*****
I thought this day would
never come!! Thanks Wave 59!!
PJ
*****
Many thanks and congratulations
on producing some of the best software I have worked
with after spending the best part of $10K in 6 months
-the 9/5 and exhaustion bars are amazingly accurate
with the 3 min NQ and ES charts .
PB
*****
[This was
in response to a question posted on the email list about
the merits of W59 - Ed.]
....Over the past 15 years,
I have used Metastock, TS, QCharts, ... you name it!
Wave59 is simply the most powerful, versatile, PRACTICAL
charting software I have found.
With Wave59, I have developed
my own custom indicators, combined neural nets with
automated trading systems, spanned indicators across
multiple time frame charts to consolidate trading signals
into a single system trigger point, set up relatively
painless trading system backtesting capabilities on
5 years' worth of 5 minute charting data. If you can
imagine it, Wave59 can most likely help you make it
a reality.
I can honestly say that
Wave59 will be my software of choice for the rest of
my trading career.
Good trading
to you,
K
*****
I'm thankful
for this great software - amazing stuff. Thanks for
your vision.
Cheers,
K
*****
[Ed: This was written
by a Wave59 user in response to questions posted on
the email list by a prospective customer]
--Are you happy with the
program? Disappointed? Somewhere in between?
Yes. It is
still under development, so there are enhancements being
added often. The program writer seems responsive to
requests, which is truly rare (I've been trading 20
years, have developed my own systems and indicators,
some of which have been published). When I emailed Earik
about a potential issue, he telephoned me to sort it
out - but it turned out to be a non-issue. How often
do you see service like that?
--Are you able to make it work for you in the manner
you hoped it would when you started using it?
Yes. I used the 30 day
trial to shake down the software, and I was very pleased
with the particular indicators I wanted to use, primarily
the Chart Squaring, Gann Fans, Fibonacci tools, and
Counters, which I have used manully for years. It greatly
reduces the time I need to do my forecasts.
--How steep have you experienced the learning curve
to be? (especially the fib vortex)
The learning
curve for the indicators is not long at all, just read
the help files. It helps if you already understand the
value, use and limitations of the technique e.g. Gann
Fans, Fib Numbers etc. The Scripting Language is simple,
but I would really like to see more examples and standard
scripts. I hate learning new languages, and I learn
best by examples rather than instructions. I had no
problem writing my own custom indicators in the script,
and the one I could not figure out, Earik said to email
it to him and he would help me out with it. As for the
Neural Net, I haven't even begun to try it out. WHile
I don't like to have to pay for another group in order
to learn it well and get the examples, I realize these
guys have to make a living too - so when I see the need
to systemetize my indicators I will join the group and
pay up. The fees are reasonable for specific tasks,
and I would think that 2-3 months would be sufficient
to get a good grip on NN programming. The key I think
is having a combination of indicators that show promise
as a system. The Fib Vortex is not difficult to use,
but you have to use it properly for what it was intended.
Some traders (I am discerning this from the trades they
have posted) use it for reversal trades and without
a plan. It wasn't meant for that (used alone). It is
great for forecasting where price may bounce, and may
turn, but eventually, all the lines will be broken as
price exceeds the size of the vortex. Exactly where
it will break is not knowable. It is a great tool for
setting price targets for entry or exit which are based
upon a good plan. It is not by itself a forecaster of
turns. The angles it generates are great, and when you
calibrate it exactly, you can kind of tell when it's
going to trand change, but not "absolutely."
When you change your chart size, the vortex stays the
same size. It would be nice to have the option for it
to change scale with the chart, or not change scale,
but it takes only seconds to resize it.
--Have you found the program's unique indicators to
give you the kind of significant edge that is implied
on the website and in the download that explains the
program?
Really, none of them besides
the 5-9 are unique, the principles are taken from the
market masters, which in my opinion is great. I have
already proven many of the indicators in my own trading
experience, like the Gann Fan (most programs do not
properly square the chart - which is absolutely necessary
for many of the techniques such as fans, angles, fib
relationships etc... to work properly -and so many other
programs give erroneous results). On the Gann Fans,
I would like to be able to calibrate each fan to a price
scale (numericaly, by entering the number, rather than
by eyeballing the calibration to the first high of the
first pullback). (e.g. set the 1x1 to 45 degrees).
--Has anyone consistently applied the "mechanical"
system that is offered in the explanatory download?
If so, have you been able to do so profitably? Does
it generate enough setups (particularly in emini intraday?
No. I have my own setups
for e-minis, QQQ, and also Options. I haven't even tried
it.
--What in your experience are the program's main strengths?
weaknesses (if any)?
Strengths:
Combination of excellent tools (direct and abstract,
as I call them)
Ease of application of tools (especially if you read
the help files)
Customer Support (none better)
QScripting (easy to learn)
Ability to develop own systems
Reasonable Rental Rates (I have bought packages that
I immediately didn't like, so the free trial is excellent,
just enough time to prove that it works, and the monthly
commitment to rental is great too - no year long subscriptions
required)
Ease of use importing free daily data (like from Yahoo!)
for daily charts.
Good basic education for Newbies on using advanced techniques
(if they read the files, heh heh)
Weaknesses: (I would call
them areas for potential improvements)
Needs "Cancel" buttons on indicators, now,
if you select one and change your mind, you have to
click ok (esc doesn't work) place it on your chart,
then go to indicators and delete it. I would like to
be able to cancel any operation, not just the ones that
already have a cancel button.
Some indicators you cannot
set the line width, or color, or it has a reduced color
set. I would like more options there.
Some indicators have the
same starting point, like a Gann Fan and Fib Retracement
Numbers are both at the low. When you try to select
one, it often selects the other because the hot-spots
are on top of each other. What I have to do is use the
towtruck to move one out of the way, set the other,
adjust it, then move the original back. It gets tedious
when you have three or more indicators starting at the
same point. If there were a way to show all the hot
spots so you could select the one you want to adjust
(perhaps from a pop up list), this would save time and
make the program easier to use.
I would like standard
oscillators added. I use several different ones to confirm
Elliot Waves. It would be easier for me if I didn't
have to use two packages to add EW analysis. But most
people do not know how to do this and need the full
EW software anyway. I can do it just from the Oscillators.
(been doing it a long time).
Again, the
software is still being developed, and I would expect
all these things to be added eventually. In fairness
to Earik, I have not yet even mentioned these "potential
enhancements" to him.
--Do you think it might be more suited to one trading
style more than another? Why?
No. I use it with e-Signal
real-time data feed for daytrading e-minis, and I use
it with ascii data (daily) for options trading. I trade
with different vehicles based upon market conditions.
It is well suited to both, if you know what you're doing
as a trader.
--Would you recommend Wave59 wholeheartedly? with reservations?
not at all?
I think it's a great deal
for any trader or wannabe trader. BUT, and this is a
BIG BUT; by itself it will not make anyone a profitable
trader. No signal or group of signals is 100%. The greater
part of trading is planning, and then sticking with
a plan. The plan has to included not only the forecast
(based on signals) but also money management (Risk control).
Most new traders don't yet realize this, and so have
unrealistic expectations.
As far as the software
alone is concerned, (that means developing good signals
and an excellent forecast in a short amount of time)
it is probably the best package available (and I have
accumulated over $100,000 of software over the years)
for one single reason:
Many traders use moving
averages, Stochastics, blah blah blah - all types of
indicators to try to forecast price movement. None of
these types of indicators are really based upon what
moves the markets. Therefore they are valuable only
to the extent that other traders use them for decision
making, and so by using them you can know what most
technical traders will do at certain junctures.
The advanced indicators,
like Gann Fans, Fibonacci, etc... are based upon what
master traders have discovered; the things which affect
human emotion (greed/fear/hope) and therefore affect
the markets. The former I call "abstract indicators"
and the latter I call "direct indicators."
If you want to really understand what moves the markets
(emotion), and enhance the reliability of your signals,
go with the direct indicators - the advanced work of
Gann, Bayer and others. Wave59 will help you learn the
basics of these advanced techniques, and will enable
you to implement them in very short order with a high
degree of reliabilty in the correctness of the indicators.
So my answer is qualified;
a hearty "Yes!" on recommending the software
for developing reliable signals, and "Yes!"
for generating a good forecast, based on correct implementation
of advanced indicators. But I limit that by saying you
still have to be able to create a solid low risk trading
plan, be able to control your own emotions and stick
to it, and use proper money management, in order to
be able to succeed as a trader.
--Your candid comments about any or all of these questions
-- or anything at all regarding the software -- will
be greatly appreciated!
You're welcome,
I hope this candid response helps. Earik, my apologies
for saying here what I have not said to you about potential
enhancements. But I figure you're covered up with requests,
and these just aren't "mission critical" if
you know what I mean.
MS
*****
All I can
say right now is WOW!!!!
JA
*****
Thanks for taking the
time to assist me on your program. I really like some
of the unique features you offer. It isn't the same
old run of the mill stuff which it seems every body
uses and thus you trade like the crowd. I see that as
a low probability affair.
BD
*****
Everything is up and running
smoothly and caught the low of the day thanks to your
software. Thanks for allowing ordinary joes like me
to use a fantastic product which probably took you years
to develop after you had already spent many years collecting
the tools.
MB
*****
Hi
Earik,
I have taken another look at the Fib. Vortex. I have
to say I fell off my chair when I realized how to use
this little machine.
First
I squared price then I made my chart area square. When
this was completed it all came together.
The Vortex is not a static pattern that you slap on
price. It is a time machine that spins with the touch
of the "pointer finger" at its center. Once
the Vortex is placed and "tuned" it coils
/ uncoils to the market revealing it's true organic
motion. It's simple, elegant, and POWERFUL . It goes
beyond trading. The Vortex demonstrates growth in a
tangible way. I was actually disoriented as I realized
what was happening and watched the market grow through
the motion of the Vortex. Everything I knew about trading
became static colored lines on the screen...the Vortex
is alive!...IT'S ALIVE!!!
Well, I ran and hid in the closet but I'm back now.
All I have to say is...... BRILLIANT ! ABSOLUTELY BRILLIANT!
Thanks for sharing with all of us little people who
would not have these experiences that lead to deeper
insight. We would surely miss out if you did not leave
this stuff laying around to trip over.
sincerely,
F
*****
I do want
to tell you what a fantastic, phenomenal program Wave59
is. It is not easy to describe my awe, enthusiasm and
pure delight! Thank you for your indefatigable and inspired
efforts in making such a truly advanced product available!
Respectfully,
BE
*****
This may be
the greatest day-trading program ever devised...
MM
*****
Today i nailed
the Russell 2000 emini , Icalled the bottom and the
top, by one tick, using your "Vortex Fibonacci
Indicator". I called the bottom and the top in
a small private room, the guys were amazed, and wanted
to nominate me to moderate a large well known room.......lol.
I'm sure Ihave a lot to learn, using your tools, since
i am so new to your site, and I look forward to a exciting
new venture here at Wave 59.
Thanks , J
*****
By the way I have not
had a losing day using my combination of indicators.
I am thrilled to go back to my FX sites that send out
FX buy and sell signals and know that at least 3 out
of 5 days I end up with more pips than they. Often I
end up with 80 or so pips and they lost pips. Ureka!!
JW
*****
This is incredible
stuff. Credit where credit is due guys..user friendly
software (and do I mean friendly) utilising state of
the art trading techniques..WOW. I have spent years
researching trading and feel your software is the best
I have seen, streets ahead of everything else. The esotoric
Gann techniques? No problem! Complex astrological techniques!
A snap..the icing on the cake? Neural nets for god's
sake!! Truly a remarkable effort you guys...Wonderful!
PH
*****
I want to congratulate
you on your book "Market Esoterica", it is
the best book on trading that I have read. Many thanks
for publishing this information.
MS
*****
Hello Earik,
First of all, I recently
subscribed to Wave59 and to Quotecom. It didn't take
long to decide to do that after reading about the software
on your website which definitely made it sound like
something I wanted to start using right away. In other
words, your description built up a certain level of
expectation for me. However after using it for a short
time, I came to realize that (in my opinion) the software
is actually a whole lot better than I thought it would
be. Thank you. I'm very glad I 'stumbled' across your
software. I came across your link somehow because I
was acutally searching the internet for info on planet
masses or planet 'importance' or 'influence' in an astrological
(or Masonic) sense, because I had this feeling that
there was 'something' that might be calculated along
the lines of RD. I was looking for something and I guess
I found it. Now that I have your 'Market Esoterica'
book and the RD, I won't be doing any more such searches
like that for while. Again, thanks. Funny how one thing
leads to another.
JL
*****
Again thank
you for putting this material together [Market Estoerica]
it
has given a new perspective on the markets. For example,
the Astronumerology chapter brings to light a dimension
which eludes many.
AB
*****
Hello Earik,
I must commend
you on this software. It is incredibly accurate and
simple to use. So far this has proven to be the best
analysis tool I have ever used for trading the forex.
In my opinion some of the default indicators alone are
worth the price of the entire package. I'm excited about
further products, upgrades and developments from your
company.
RSC
*****
Received the book [Market
Esoterica] and read it Earik. For me, chapter 9 alone
is worth the price of the book. I've not traded it yet
but I've already found a couple turns in the emini to
the minute and tick using your chapter nine concepts.
Very impressive and thank you for putting it in print.
MB
*****
Hi Earik,
I just read your book [Trading with Wave59] love it,
wished everyone write as well as you do, I have read
so much about the momentum indicator and never understood
much of what they have wrote, it was like a teacher
talking with a mouth full of rocks, but I got it with
just a few pages from you, so thanks...
*****
PLEASE CONTINUE
MY SERVICE. IT IS GREAT. I USE IT TO MAKE PROFITS IN
THE STOCK MARKET. YOU HAVE THE FINEST TOOLS I HAVE EVER
SEEN.
RA
*****
By the way
your 59 and exhaustion bar indicators are great . I
have managed
to turn a 19k account into 55k in 12 weeks approx. In
conjunction with
elliot wave and fib techniques. The exiting of trends
has become much more
predictable and profitable
JB
*****
Hi Earik,
I have a few questions,
but first let me congratulate you on writing
such an incredible book! I am so impressed not only
that you pulled all
of this information together in one book, but your writing
style is so
incredible that you seem to have a knack for explaining
things very
clearly and precisely. You tell the pros and cons of
each technique in
a simple, concise manner.
I was a former Wave59
subscriber and I purchased one of your books a few
years ago, so I knew that your style of writing would
clear up many of
the questions I had about esoteric trading in a clear,
logical, easy to
understand manner. That is why I had no problem paying
the high
purchase price, because I have many different Gann &
Bayer books, but
all of them left me still "scratching my head"
with no logical way to
pull it all together.
I am also happy to be
a student of these subjects because I truly
understand that we are dealing with something that reaches
FAR beyond
trading. I like how you touch on that at the end of
the book. I am
aware of all the scientific research on waves and particles,
and I am a
student of the Universal Laws of Attraction, Sacred
Geometry and enjoy
movies such as "What the Bleep Do We Know"
and "National Treasure."
It's clear to those who are enlightened that we are
dealing with the
very makeup of the universal and creation. Some of whom
will call God.
Who would have thought
that one could obtain spiritual enlightenment by
studying stock analysis! :-)
Anyway, there's NO DOUBT
ABOUT IT! You're the best!
RW
*****
The market
esoterica book is fantastic. I can't wait to be able
to start using it for forex trading. You do seem to
have a gift of explaining complicated theories in a
practical way. Your book was much more informative and
much easier to grasp than some of the other books and
courses I read on Gann, market timing, etc.
AO
*****
hello earik,
i purchased your market esoterica book on the 15th of
december last and its an amazing peice of work. i've
been trading for about ten months now and and have paid
a lot of learning fees!! thank god i stumbled upon wave
59 which has, along with a lot of soul searching, slowly
reversed that trend so on a personal level i'd like
to thank you sincerely.
yours thankfully,
PM
*****
Hey Earik,
I gotta tell
ya this - ME is the greatest book on financial astro
every written, seriously!! Anyway, thanks for the tip,
will look more into it. I really like this hotplanet
method, works like a charm.
BS
*****
Hi Earik,
I keep reading p.204 in
Handbook of Market Esoterica ... the line where you
say you were paranoid about revealing the 'planet linking'
technique. The
more I read that particular sentence, the more paranoid
I become, imagining
how many more esoteric techniques you know that you
haven't yet revealed.
So, I'm waiting. And I don't think I'm the only one.
Maybe I'm greedy.
But I just have this feeling that you've got some things
worked out that you
wouldn't even be able to find on the Sacred Science
website.
Also to say ...I've read
tons of market stuff and have bought tons of
software, and I have to say that the way you go about
things beats the hell
out of everyone else.
Thanks,
JL
*****
Hello Mr.
Beann,
Just wanted you to know I have been to several of these
and always felt that
they didn't teach me anything I didn't already know.
But I walked out of
your conference knowing that I had learned something
that I had wanted to
learn for a long time. Thank you.
GS
*****
Hello Mr. Beann,
Im writing
to tell you what an breathtaking piece of software you
have created! Wave59 cannot be beat for its amazingly
accurate market timing and crucial trend following tools.
Its easy to use, well thought out and was obviously
created by someone well versed in the needs of traders.
A few months ago I purchased your book 'Trading With
Wave 59 Valume 1', and true to form this book was also
exceptional. In-depth, precise, and easily digestible,
I would recommend it to anyone -- even those unlucky
market participants NOT using Wave59 technologies; the
insights it gave me into the process of trading have
been THAT invaluable. I see you have a new book coming
out soon -- make no mistake, I cannot wait for its arrival.
Thank you for everything,
and happy trading!
DH
*****
Dear Earik,
I just wanted to let you know that the book arrived
safely |