[cmrock]

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]

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]

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

[jjthetrader]

Originally Posted by cmrock »

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]

Originally Posted by cmrock »

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]

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]

what about input settings depending on what instrument you trade?

[jjthetrader]

Originally Posted by xingbnso »

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.