Clayburg Systems

[cmrock 10]

Anyone here use Clayburg's Universal system of cluster system? I am thinking of buying one of the systems and wondered if others have found the systems profitable?

[gatrader 10]

I am familiar with Dr. Clayburg. He is very knowlegable and knows TradeStation and Easy Language very well. His systems are good. The only problem I have with him is that he raised the price of his Universal System from $1,500 to $7,500 after he started selling his software through Trade The Markets. Check out his free nightly seminar on TTM's web site.

[nburgess 10]

A lot of his indicators are described in his book "Four Steps To Trading Success".

[jjthetrader 10]

Anyone here use Clayburg's Universal system of cluster system? I am thinking of buying one of the systems and wondered if others have found the systems profitable?

 

I have his universal system. It's quite profitable if you trade multiple instruments and miltiple timeframes. Big drawdowns but in the long run it's very profitable.

You can lease the universal system and have the first few payments count towards the purchase price if that's what you decide.

This isn't my main way of trading but I do have it running in the background.

[thrunner 10]

Anyone here use Clayburg's Universal system of cluster system? I am thinking of buying one of the systems and wondered if others have found the systems profitable?

Before spending $7500, you should research this on the Tradestation forum under the Clayburg DDF thread by Stratman which has some equivalent free open source code and discussion on the profitability and backtesting. I am assuming you are already a Tradestation user and have access to that forum because the Clayburg system ran originally on TS. It is worth a free trial of TS just to read all the discussion and get a more skeptical and independent view of some of the systems out there. Don't just accept some backtesting by the vendor on a relatively short period and expect the walk forward testing to validate their assumptions.

BTW, Dr. John Clayburg is a Doctor of Veterinary Medicine (DVM), not that there is anything wrong with that, except it did not give him a particularly special insight into trading system development.

[jjthetrader 10]

If you're interested in the Universal system then don't bother reading up on the DDF system. It's really crappy.

The Universal $600 per month isn't that bad actually. I have it running on the 10 yr notes and it brings in $400 per day on just one contract. I've been running it since January and it forward tested very well.

[xingbnso 10]

what about input settings depending on what instrument you trade?

[jjthetrader 10]

what about input settings depending on what instrument you trade?

 

Yes that is correct. Clayburg supplies all the ones in his videos but I came up with my own.

[xingbnso 10]

I know someone who has the open code for universal system of Clayburg but he wants $3000 for it.

[flashfryer 10]

This system is very demanding and requires the best dedicated internet connection you can buy. You will also need a computer-the fastest your $$ can buy and dedicate it to strictly trading. I was unable to us it because my internet was not dedicated and it only ran at 16MBPS. If you can get FIOS by Verizon I hear that will work.

 

I wasted a lot of $$ over this, I wish Clayburg would state this infomation t those interested in this system.

 

Good luck

[jjthetrader 10]

This system is very demanding and requires the best dedicated internet connection you can buy. You will also need a computer-the fastest your $$ can buy and dedicate it to strictly trading. I was unable to us it because my internet was not dedicated and it only ran at 16MBPS. If you can get FIOS by Verizon I hear that will work.

 

I wasted a lot of $$ over this, I wish Clayburg would state this infomation t those interested in this system.

 

Good luck

 

This is untrue. I don't know how you set it up but it runs fine on my older P4 computer which has a shared connection.

It doesn't take anymore processing than a custom indicator.

[daedalus 10]

Doesn't clayburg run all of his systems off a remote server somewhere so they are always up? I swear he mentioned that in one of his webinars or nightly videos.

 

I watch almost every video he puts out and his systems do work - there is no other word for them.

 

HOWEVER - to be truly effective you need to be able utilize them as he does by using multiple timeframes and instruments to hedge out risk against one another.

 

I think he trades like over 20 different timeframes and charts... and thats how he does so well over all IMO. But it also proves that it does work. If I had the account size to support it I would do it. Why not?

 

Hes closed out profits of over 120k a week and i've seen very few weeks where he loses money (and I think the most i've ever seen him lose is like 26k in a week).

[jjthetrader 10]

He doesn't actually trade all the instruments he shows. You can see he trades 1 or 2. You only need to trade one. It works.

As long as your PC can run tradestation then that's all you need.

[Guest Robert70]

I don't trade clayburg's universal but those who are thinking of doing so you might want to checkout Universal Clone.

 

They are developing a program which apparently mimics the Universal System. It's kind of cool to play with. Anyway, it's a free download (tradestation only) for their public Beta.

 

Rob

[tradestef 10]

There is a free clone version out there. You can get it at http://www.eminiedges.com.

It is a beta version.

 

Anyone know where I can get TTM John Carters's System for free. The Scalper, Pivot etc...

 

Thanks

[Harlequin 10]

Anyone know where I can get TTM John Carters's System for free. The Scalper, Pivot etc...

 

Thanks

 

Try looking in the Trading Indicators section of this forum.

[tradestef 10]

I am trying to find Clayburg's Cluster System. Does anyone know where I can find it?

[windsurfer 10]

I don't think Cluster is as good as Universal. btw, I suggest that you have to adjust the Clayburg Universal results on the videos because his numbers are without slippage and commission. He justifies the no slippage because he says they are limit orders- but in the real world some of these won't get filled. I suggest $30 per RT. He trades about 700 contracts on the videos spreadsheet a day- so I believe he needs to make $21,000 per day to break even. I assume others will disagree....

[daedalus 10]

I agree commission and slippage should be accounted for but 30/rt is pretty high wouldn't you say?

 

I brought up the 700 contract thing in another thread here and some one who was in with him as a memeber said he doesn't trade everything and only trades a few contracts each day but merely tracks everything in his videos...

[windsurfer 10]

I think $25 - $30 is right when I compare my actual trades to my backtested results.

[swansjr 10]

I agree commission and slippage should be accounted for but 30/rt is pretty high wouldn't you say?

 

I brought up the 700 contract thing in another thread here and some one who was in with him as a memeber said he doesn't trade everything and only trades a few contracts each day but merely tracks everything in his videos...

 

I'm a member to his forums and he does NOT trade all those charts. He has hinted he only trades a few charts every day.

[Marc33139 10]

I was a member of his forum since it first opened, until very recently.

 

The reason I terminated my membership was that several of my responses to posted questions in the forum were being deleted by him. I had pointed out various discrepancies in his nightly videos, together with information regarding IBOG and how turning it off was more accurate but didn't produce nice looking equity curves. On several occasions I also mentioned the slippage and commission being omitted too.

 

I believe I contribute much to users of that forum, yet it appears HE is interested only in selling system. He would not allow my comments to be visible.

 

Marc

[RM686 10]

Does anyone know of a basic system that is any good? All these systems coast a lot of money and I dont hear of antone making money swing trading stocks or ETFS.

[windsurfer 10]

I watched one of JC's daily updates recently and see he has added "multisystems"- a Universal Multisystem and a Value Chart Multisystem. They each trade about 200 contracts a day, so the slippage and commissions would be significant. Even so, it looked as if the Value Chart was profitable.

 

Can anyone comment on their impressions?