AbleSys (WinTick.com) – ASCTrend 3.5 Reviews and Ratings
3.40
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Signals quality and profitability: Market analysis quality: Training quality: Price affordability: Support: |
According to AbleSys (WinTick.com) – ASCTrend 3.5 Website:
AbleSys Corporation (ASC) or WinTick.com develops financial trading software and web application. ASC’s Forex signals or trend indicators are used across the world by trading firms, banks, fund managers, trading advisors, professional, as well as novice traders.
These trend indicators or Forex Signals programs provide early recognition of market trends, along with the setting of optimal stops, a combination which helps traders earn profits. ASCTrend indicators are universal; meaning they work with any markets and with any time charts.
ASCTrend 3.5 is an indicator package for TradeStation 8.x charting software. All indicators could be overlaid on the TradeStation charts. As the TradeStation has its own data feed, ASCTrend 3.5 can be used without need of its own data feed. Unlike AbleTrend 7.0, ASCTrend 3.5 will be locked on a PC. That is the reason because of which one ASCTrend 3.5 license could be run on one PC. In some cases, one trader may have multiple PCs. In such a situation special arrangement are made for trader who wants to run multiple licenses on multiple PCs.
ASCTrend is a proprietary trading software package, which contains four indicators: ASCTrend1, ASCTrend2, and ASCTrend3 and ASCTrendSig indicators. ASCTrend’s 30-day trial is available at $218.00.
Post a Review on AbleSys (WinTick.com) – ASCTrend 3.5:
One Review
Signals quality and profitability:
Market analysis quality:
Training quality:
Price affordability:
Support:
After evaluating AbleSys at the end of 2009, I made a decision to purchase ASCTrend given the fact it sits “out-of-site” within TradeStation. The indicators are good, offering some good trades and averaging around the 70% accuracy mark (pre-market trades are dragging the average lower from the 84% mark). I use the indicators for day-trading eMinis (S&P500, Nasdaq 100, MidCap 400, Russell 2000), Nikkei 225, and occasional forex. Support has been okay – but the training webinars are very basic, and offer no real insight into any “advanced” usage of the indicators – ie how to pair up with a strategy for part/fully automated trading. The indicator is also let down by the fact that there is no decent manual to accompany it – only a very basic quick set-up PDF. For an item of software costing around the $5,000 mark (for the lifetime version) this isn’t a good thing in my honest opinion. Other cheaper indicators/softwares come with more advanced manuals. The indicators give audible and visual alerts regarding market moves (both up and down), and tell you where to put your stops – the process is entirely manual, not automated. Based on all of my dealings with the indicators to date, I downgrade them to 7.5/10 (from 8-8.5) because of the lack of advanced manual and how-to-guide for strategy pairing.
James on March 23rd, 2010 - 8:10 am :