[cowboy_town]

I'd like to inquire as to the effectiveness of the PB (Paint Bar Factory) Squeeze?

Please share your opinions.

[klainey]

Yes I am wondering the same thing!
I have seen another forum that has a link to a free PBF download. I was surprised when PBF entered the forum.

This is one quote from PBF

10-09-08 07:07 AM

Hello,

A customer sent me the link to this page, thought I'd add my two cents. This is "PBF".
First of all, thank bodysculpts, tradeanc, and NonBreedBoy#2 for your support. I don't know who you are or when you requested charts from me, but I am truly grateful and happy to see that there are still many honest people out there. Secondly, I would urge people, please get your facts right before posting in a public forum. *I* personally coded all these indicators myself. It took me a long time and a lot of effort. I have no clue what you are talking about in referrence to "previous vendor" or "free open market", etc. I am in Chicago, not in Asia. I did go on vacation and spent a month this year in Asia though. I have several customers from Asia, and I am pretty sure one of them bought my package, opened the codes, and was selling them for more than what I offer, even charging an annual fee after the first year to keep the indicators working from what I heard. I know this because a customer in Asia was approached by this person, and was shocked when he found my website later on: Same charts! Gladly, he is an honest person and he chose to go with me. Not to mention the support and upgrades I offer for free.

Over the years, I have coded more than 100 indicators. Most of them didn't survive on my chart for more than 5 minutes. Only the useful ones are shared on the website. I answer emails promptly, as soon as the markets close at 4ET. Though you probably won't hear from me during market hours. I still want to focus on trading and growing my own accounts, the website is just a "side business". This is not how I "make money off the markets". The website is sort of "home-made", I don't collect email addresses, give special offers or promotions, I don't hire salemen or affiliates. It's a "believe it or not", "take it or leave it" deal. Besides, unless you trade without any indicator, or you have a way to trade with free lagging indicators with consistent results, you probably want someone who knows how to trade and how to code indicators to discover and show you a way to make consistent profit. After all, that is why we are here on the forums, right? I know I am all for it. If someone can show me a better indicator or a better, easier way than my system to trade the markets, I will be happily paying him or her for the effort. But because of a few dishonest people, while I have developed at least 3 more excellent indicators this year which I use to trade daily and compliment the system, I just don't want to post them on the website and share them any more. I feel discouraged. I won't say it's everyone's loss, that's simply not true, and I am sure there must be other great systems out there, but I know I didn't lose anything. Let other geniuses make the world a better place, until they are also discouraged. Then I guess it would be time for everyone to learn how to code, and figure things out on their own, hopefully, before the fifth time their accounts are wiped out...........

.........Just to save $500!

You don't have to like what I say, but it is from my heart. Just from a humble "vendor's" point of view.

Thanks for reading! Good Trading everyone!

Sincerely,

PBF

I am interested in The PBF squeeze and have sent emails asking if it would work on Ninja Trader, but found it worked with only 3 trade stations. I was surprised by their quick reply each time. This is an insert of one reply

We have no plan on coding the software for Ninja Trader in the near future. The truth is, I have tried, for an hour,then gave up! The coding language is just too different and I have many other commitment that requires my time which prevent me from learning about it.

The MCFX Pro, as far as I understand, is for Forex only. So depending on what you trade. It is similar to MultiCharts,and MultiCharts is also similar to tradestation. Which one is easier to set the Squeeze indicator on? LOL! They are all the same. You right click on a chart, click "add analysis techniques", find "PBF_Squeeze", click okay, that's it!
They all work the same way! I don't think there is any difference in this regard!!

Thanks! Good Trading!

PBF

[chunjr]

I purchased a whole lot of them, but don't use them in my trading. Not saying that they don't work, but realtime sure looks different than posting after the fact in hindsight...

[ZOSO]

This indicator can be helpful in conjunction with a basic understanding of price action, but I suggest you not clutter up your workplace with too many of these types of tools.

[sevensa]

Originally Posted by ZOSO »

This indicator can be helpful in conjunction with a basic understanding of price action, but I suggest you not clutter up your workplace with too many of these types of tools.

But if you have an understanding of price action, you won't need the indicator anymore...

[LARRY2117]

Hi,

I did buy few of the PBF indicators. The squeeze is very helpful if you known how to read it. Nevertheless, it is a complete system.

Larry

[PLAYTRADE]

I have been looking at this product for 2 days. I am new to traiding and am getting involved once I learned that our stocks fell and we lost 10's of thousands of dollars in the last 6 months. I wonder is long term investing is wise any more. I will start with paper trading regular stocks in a trial account, then move in with real money. Forex would be after that once I learn on the regular stocks. This program seems to be the best one out there for me because it will help me buy and sell. The indicators are very clear and easy to understand. It takes the guesswork out and gives a safety net. The charts are beautiful the information is easy to assess. Candles are easy to read but can be misleading without the other indicators to give you an idea of what will happen next. It is visually simulating also. If I did not have indicators it may take me another 6 months to understand how to get up and running and in that time I could loose a lot of money trying to make money.

[klainey]

All the best. I don't know anything about trading. But I thought PBF looked pretty good too. I can tell you, that I have sent emails to PBF and each time they have replied quickly with helpful information.