20 years trading (veteran) Mike Valtos indicators - good or scam ?

TrAndy2022

TrAndy2022

Anyone has experience with Mike Valtos trading style ? Is it any good ? There are indicator packages from this 20 year trading veteran for monthly lease option (emojitrading). He is much into 6E Futures (Euro currency) so plenty of liquidity and no fear that this edge could not work on such a liquid market when publishing anything here. Idk if it is just a scam or has some value. Please tell if you have some experience with it. Thanks.
 
That is strange ....

After 20 years, he should be using the invisible indicator or the indicatorless type.

What is his major source of income?
 
I have his order flows software. It is very useful to me for short-term futures trading. The software is a basic footprint chart with various indicators to highlight important orderflow events in a bar. It isn't a greenlight/redlight thing; it takes quite a bit of time to understand.

I find it much easier to use than trying to trade on the DOM. I find it easier to use in short term trading than any technical indicator.

** If you have his orderflows software you do not need to buy any of his stand alone indicators as they are just highlighting what can be seen on the orderflows chart.
 
wartrace said:
I have his order flows software. It is very useful to me for short-term futures trading. The software is a basic footprint chart with various indicators to highlight important orderflow events in a bar. It isn't a greenlight/redlight thing; it takes quite a bit of time to understand.

I find it much easier to use than trying to trade on the DOM. I find it easier to use in short term trading than any technical indicator.

** If you have his orderflows software you do not need to buy any of his stand alone indicators as they are just highlighting what can be seen on the orderflows chart.
More...
Which product(s) are you mainly trading ?

Always looking around. Maybe I could miss something. That is all. But I am no more concerned here I would miss something after some research in that topic.
(except that Valtos approach still to be examined.)

BTW just watched a 3 hours video that optimizing and going forward all kind of Orderflow stuff does not work at all. There is non predictive settings here, I have seen.

Here the proof embeddeed...later they got to a point where a data scientist as customer said optimize on Renko charts. But I know that does not work for anyone who also have experience with Renko backtesting and realtime tracking here. It is the same walk forward no profit scenario.

 
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Mike Valtos has spent over 20 years working at the highest institutional futures trading level. 8 years at JP Morgan, 4 years at Cargill, 3 years at Commerzbank, 2 years at EDF Man, 4 years at Dean Witter Reynolds.
Mike_Valtos.jpg
 
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