PaintBarFactory.com? (not spam, a question!)

[Disco Scottie 10]

Anyone here tried their indicators? They make it sound like their "squeeze" is the greatest thing since sliced bread, supposedly better than any other similar indicator. Everything on the site seems to be pretty hyped up, not sure to believe any of it. Just curious if anyone has any experience with them.

[Sparrow 10]

I'd be cautious with your money there are no "holy grail" indicators and if I had one I'd only sell it for a billion dollars. Too much marketing talk for my taste but who knows maybe they have something useful, but I'm not going to find out.

[brownsfan019 17]

Looks interesting Disco as it's not an actual 'system' per say. More of another indicator and see what you can do with it type thing. I'd like to see it in motion so if you or anyone else takes the plunge, let us know how it goes. I'd bet that BluRay could almost replicate the same effect as well....

[Disco Scottie 10]

I was considering it... not sure if I'll take the plunge, but will definitely file a report if I do.

[brownsfan019 17]

I was considering it... not sure if I'll take the plunge, but will definitely file a report if I do.

 

I'd make sure there's a trial period of some sort first as well. You want to see this in REAL TIME before considering putting ANY money into it, regardless of how 'nice' the guy selling the stuff says he is...

 

:deal:

[Disco Scottie 10]

I'd make sure there's a trial period of some sort first as well. You want to see this in REAL TIME before considering putting ANY money into it, regardless of how 'nice' the guy selling the stuff says he is...

 

:deal:

 

Good point, I wonder if he would be willing to put up a video demo of it in action...

[Disco Scottie 10]

Oops, just realized this should have been posted in the "Trading Indicators" section... perhaps a helpful mod could move it?

[Blu-Ray 10]

Looks interesting Disco as it's not an actual 'system' per say. More of another indicator and see what you can do with it type thing. I'd like to see it in motion so if you or anyone else takes the plunge, let us know how it goes. I'd bet that BluRay could almost replicate the same effect as well....

 

 

 

hehehe, Thanks Brownsfan....... I love a challenge.

 

 

Right, here goes so far, I've coded up the HeatMeter, The 2 Fast MA's and just about got the Paintbars sorted. Here's a pic of my efforts. I'm on with the squeeze now and I'll post all codes when done.

 

 

Cheers

 

Blu-Ray

[brownsfan019 17]

There you go Disco. Doesn't get any better than that.

 

Blu-Ray the coding machine to the rescue yet again.

[Disco Scottie 10]

Wow, thanks Blu-Ray... can't wait to try 'em out!

[mart-hart 10]

Wow, thanks Blu-Ray... can't wait to try 'em out!

 

 

Yeh, Me Too.

 

I asked painbarfactory if I could use with Multicharts but they didnt know what they where

So i did try.

 

Mart

[Blu-Ray 10]

No Probs Mart, I'm still working on it at the moment, I've produced something similar, but it's not exact as it's difficult to get his exact formula down to a T.

 

I'm been doing a bit of research on it and if you notice on the indicator page of the website and look at the top two pics. The top one is named PBF_Squeeze, has an input of 13 and 21 in it and the values on the right axis are 0.005 to 0.015.

 

But on the 2nd pic, where he compares it to the "Other squeeze", firstly it's named different has only an input of 13 and the values on the right axis are around 40.

 

So basically, I'm still playing around with it at the moment, if anyone has any thoughts on what the formala entails, please say so and it might give me another dimension to work on.

 

Cheers

 

Blu-Ray

[mart-hart 10]

Thread here on TSD where it is discussed for metatrader4 if it is any help.

 

http://www.forex-tsd.com/indicators-metatrader-4/4223-ttm-squeeze-2.html

 

Mart

[js1257 10]

Blu-Ray it looks like you are doing one helluva job of reverse engineering this guys indicators. He says that his are better than TTM's. What platform are you coding them for? Thanx.

[Blu-Ray 10]

Blu-Ray it looks like you are doing one helluva job of reverse engineering this guys indicators. He says that his are better than TTM's. What platform are you coding them for? Thanx.

 

Thanks js1257, I'm coding them up for TradeStation.

 

Cheers

 

Blu-Ray

[Disco Scottie 10]

Blu-Ray, did you notice he upgraded his squeeze and made the midline have a better function? Some of the first screenshots show the old one, then it switches to the new one farther down the page.

[Blu-Ray 10]

Blu-Ray, did you notice he upgraded his squeeze and made the midline have a better function? Some of the first screenshots show the old one, then it switches to the new one farther down the page.

 

Yes Disco, I noticed this and I'm still working on it. I'll let you know soon.

 

Cheers

 

Blu-Ray

[PBF Admin 10]

Good evening, fellow traders,

 

This is....... PaintBarFactory speaking. I see my indicators have intrigued more interests on this forum. Thank you all very much for that. I don't think our "squeeze" is the greatest thing since sliced bread, I am pretty sure there were quite a few things in history that were way better. Just bought a vacuum machine last week, and it works like a charm! :o I will never say it works better than anything else. I merely compare it with the other Squeeze with honest evaluation. I believe if you study an indicator, ANY indicator, if you are good at it and understand how it works inside out, you can make money from it. Ever tried Woodie's CCI Club? They use only CCI, and any followers from the club will vouch that the system works. They are so confident, they don't even look at the candles anymore. And the best part? It's free! I think our method might be a bit easier to recognize the setups, but unfortunately, we charge. When we charge, we are no longer traders in others eyes, we become "vendors", whatever we say become "hype". We don't blame anyone for thinking that way. After all, we have been there, done that. We may have spent (wasted) more money than you can ever imagine in the past years. If you can be more specific and let us know which part of the website is hype, and how can we change to make it not hyped up, we'd be happy to do it. You will not find pictures of sports cars or vacation homes like some other websites do, that's for sure.

 

There is absolutely no holy grail indicators, and I never claim my Squeeze is holy grail. If I have a holy grail indicator (which I am working on, looking very good so far!!) I will not sell it for a billion dollars, either! Don't get greedy, Sparrow! :o Because even if there is a holy grail indicator, you still have to learn how to take trades from it. And with the word "learn" in the statement, you can't sell it for a billion dollars. When I have a holy grail strategy, however, I might sell it for a couple of hundred dollars, provided it lives up to its name that is. Because there is nothing to learn but turn on your computer and platform.

 

It is part of a system but I am not going to talk about it here. You have all read the hype from our website anyway.....

 

Did i ever say I am a nice guy? LOL! I don't remember. But many customers said I was. You don't have to believe any of it though, because all the testimonials might be fake, too! They might come from my father, my mother, my sister, my neighbor, my uncle, my aunt.......

 

I am not putting up video demo because 1. I don't know how to do that, 2. I really don't have time to do that. I day trade all day, study all night, and devote at least 4 hours a day answering emails and questions. Many traders bought the package and disappeared. The setups are easy to learn. But in the past few months, I think I was able to help turning a few traders who lose money on a daily basis into winners, re-built their confidence, and hopefully turn their lives around eventually. This is a big mission and very time consuming. We'd rather spending time with those who believe in us, than marketing and getting more customers. I am sure you understand.

 

Excellent job, Blu-Ray! I am sure you paint bar is not the same as mine, but that looks very good! Do you mind emailing me the code? LOL!!

 

Mart-Hart, nice to "see" you again! Can someone please enlighten me what a "multichart" is?

 

Blu-Ray, basically, we have many many "generations" of Squeeze indicators, they are all different. In fact, there will be another update coming out in the next few days. Have been testing them live in the past weeks. Works great. Okay, works only good, no hype here. It should be released very soon and our future screen shots will be using the latest version of course. Also, we are working on a new indicator called "Squeeze Scanner", which is helpful if one watches many markets or symbols at the same time, but we hit a bump here! We want to code the setups of our system into this scanner, so far the trend trade code is working fine, it will tell you when to buy, when to sell, and how many bars since the signals fired on each symbol. But the counter trend setup, we are having difficulties. The code looks absolutely right, but the result is not 100% accurate. If you are the coding machine here, maybe I can ask for your help even??? FYI, the latest Squeeze has 41 variables in it!

 

Here is a funny story! If you do some research, you might find that our listing on eBay a couple of weeks ago was taken off by eBay, because someone notified eBay and claimed that they are the lawful copyright owner of our Squeeze indicator. Interesting. I immediately relisted the item and was in touch with eBay ever since. we know who they are, we know what they do. Just another "vendor" who is afraid of competition. They might think they can play pranks on others without any consequences, what they don't know is who we are and how many lawyers are there in the family. You might want to contact them, and if they do own the same Squeeze, they might give you a copy for free!

 

We are flattered that for a very short period of time, many have had interests in our system and indicators. Hype or not, we may have done something right, or no one would want to waste his time to "reverse engineer" the indicators. It would be very sad for us to see the results of years of searching and a ton of money invested to be "reverse engineered" in a few days. The actual coding for the Squeeze didn't take that long, the research that led us to it was lengthy and very costly. But life isn't always fair, is it? We can't stop you from doing it. If you "crack the codes" and share amongst yourselves and email one another, we can not do anything about that. Maybe in the process, Blu-Ray can come up with something even better, then by all means sell me a copy. What you do at home is your business. After all, we have "reversed engineered" quite a few indicators that we bought/leased. The difference is we kept them to ourselves, and didn't post it online for everyone to see. Selfish, you say? That may be. But why step on others' toes, especially when I don't know how many lawyers are there in their families, right?

 

If you are able to come up with something similar or even "to the T", email me and we will sell the trading manual to you for $497! How does that sound? LOL!!

 

Thanks for reading. Good trading, everyone!

 

PBF

[PBF Admin 10]

Sorry, I meant a couple of hundred THOUSAND dollars for the holy grail strategy! LOL! Good thing I caught it! Give me three years! I already know two people in person who trade with strategies that have PF of 12+ and 21+! The 12+ one is asking for $100K+... That's a big price to pay for laziness, eh?

[mart-hart 10]

Hi PBF

 

Multicharts Tradestations flagship product.

 

I did email you the link.

 

However even better this time. Have a look at the advert below this post :crap:

 

 

Mart

[PBF Admin 10]

Hi, Mart,

 

It was you??!! I did click on the link and visited that website. But we have so many emails from traders everyday, we didn't really look into that! Sorry about that! If it's TradeStation's flagship product, we really should learn about it!! Thanks for the info!

 

LOL! The advert below your post changes every time I log on here, you know? It's not like my indicators, what you see is not what I see!! LOL! I believe I still have your email and I will find the website and look into it! I will dig it out! Thanks for the information!

 

Good night!

[mart-hart 10]

No It always says Multicharts

 

You can get most TS files into MC, howevr the problem comes when the indicator is locked.

 

Anyhow send over an open code and I will give it a try.

 

Mart

[PBF Admin 10]

LOL! Nice try, Mart!

 

Now I see it says MultiCharts, something IB stuff... It was some stock ads. There is always so much to learn, so little time.........

 

Will bookmark the page! Thanks!

[agrokid 10]

Did Blu-Ray ever come up with formulae which more or less replicate PaintBarFactory Sqeeze ?

[Blu-Ray 10]

Here you go, try this link

 

http://www.traderslaboratory.com/forums/f46/paintbar-replicas-squeeze-2fastmas-etc-3688.html#post33412