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11 of 13 people found this review helpful
The system basically consists of a dual chart, and a True Strength Index smoothed by a moving average. In the videos, Bill would have you believe that he takes almost every trade with a positive outcome, but anyone can do that in hindsight. Incidentally, he calls his indicator an "Ergodic" non-lagging indicator---but in reality, the indicator is almost virtually the same as a True Strength Index---and the TSI is definitely NOT a NON-LAGGING indicator. I found his manual which accompanies the videos to be extremely poorly written, about equivalent to a freshmen in high school. Horrible spelling and grammar. Overall, you're supposed to take long trades when the indicator moving average crosses over or under and sell when a Pesavento line appears (as contained in the software code supplied to Ensign charts which you must use to trade the system).
The system offers nothing more than any other basic moving average, cross over system---and such systems simply don't work very well. I was extremely disapointed, wasted 900 bucks, and didn't find anything at all "Secret" about FUTURES TRADING SECRETS. I would pass on this one.
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