GemsBot Live Trading Signals for E-mini Indices

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GemsBotLive Trading Signals for E-mini Indices

• You are about to experience an innovative way of
  Trading using data from a spreadsheet instead of
  charts.
• All decisions that you need to trade are
  incorporated in a video of the spreadsheet that
  you can see live, during premarket and regular
  hours, starting at 0200 ET until closing time.
• The market is continuously monitored and
  evaluated every 5 seconds. When there is an Entry
  or Exit signal, it is depicted in the video and
  it is time stamped. Important trades are
  accompanied with sound alerts.
• Using GemsBot to trade there will be no emotional
  involvement, no tedious calculations or a need to
  use charts.

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GemsBotLive Trading Signals for E-mini Indices

• All you need to do is watch a small area of the
  video that corresponds to the Instrument you
  trade. Check out the Quick Start page in the site
  for details.
• When a trade is generated or completed, just
  click your mouse in your trading platform.The
  color coding of the spreadsheet cells makes this
  process easier.
• It is as simple as when you see green go long,
  when red go short and when blue go flat.This way
  trading is more relaxed and less stressful than
  what you have been used to.
• All this will become apparent when you watch the
  video for a few days. Use the Free One Week Trial
  plan offered at the site. Eventually your trading
  style will change and charts will become obsolete.

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GemsBotWhat is different about it ?

• Almost all traders are using a number of charts
  and base their decisions on various indicators.
• Using our brains and emotions during trading
  hours results in inconsistent decisions and
  errors.
• As a result of the extensive use of some well
  known technical indicators, like MACD, RSI, CCI,
  Stoch, etc they tend to influence the market.
• The idea behind GemsBot is to use these
  influential indicators plus a number of
  proprietary ones in a consistent manner.
• In effect GemsBot is trying to understand what is
  happening to the market and produce trading
  signals one step before other traders realize
  trend changes.

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GemsBotWhat is different about it ?

• As a trader you know that no matter how good a
  setup with various indicators is, there are times
  when it is working well and other times that it
  fails.
• GemsBot is subject to the same pitfalls.
• The crucial difference is that GemsBot is
  continuously and without getting tired, like
  traders do, monitors the market and every 5 secs
  receives a feedback on how well it performs.
• At each 5 secs step a dynamically variable
  weighting factors is applied to the indicators
  used, so that the profitable ones are given more
  emphasis and some others are ignored.
• A trader may take minutes, hours or days to
  realize that the setup used is not profitable.
  GemsBot takes only 5 secs to move on to more
  profitable setups.

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GemsBotIs it suitable for me?

• If you are an E-mini day trader, Yes!
• Is it directed to novice traders or experienced
  traders? To both, since the first can take just
  one of the seven types of trades, choosing
  amongst the ones with reduced risks. Experienced
  trades have a wider choice of trades to take,
  either with one or more Instruments.
• How long is the learning curve? It depends on
  your experience. After a few hours of watching
  the video the strange jigsaw puzzle that the
  spreadsheet is will be clear and all pieces will
  fit together. To master it all it should not take
  more than a few weeks.
• Are there any prerequisites? Yes! Discipline,
  faith in what you do and patience.

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GemsBotTools used

• Data is provided by eSignal, which runs
  continuously in the background. There is a large
  number of charts with various indicators running
  all the time for each Instrument. Time, volume
  and tick frames are used.
• The results obtained from eSignal are exported to
  Excel.
• Then algorithms are run in Excel to compute the
  imported data and to assign variable weighting
  factors to them. The dynamically variable
  weighting is done by taking into consideration
  all Time and Sales ticks.
• An Excel spreadsheet is shown in the form of a
  video live in the Trading Rooms site with the
  results of the computations.
• Half of the spreadsheet scrolls every 5 seconds
  and new raw data used to create the trades is
  shown so that traders can anticipate forthcoming
  trades.

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GemsBotHow does the system work ?

• The procedures and algorithms that run
  continuously in the background are sophisticated
  and are beyond the scope of this presentation.
• The outcome of the computations is condensed into
  a single number, the Market Strength (MS) for
  each particular Instrument.
• MS, which is the backbone of GemsBot, measures
  the momentum of the price action of the recent
  past in a way that is predictive of the price
  action that follows in the immediate future.
• MS is used to initiate and close most of the
  trades produced.
• Plotting the MS values versus the last price on
  any given day from the Archives, will demonstrate
  to you its importance. I know of nothing better
  in existence, but if you, do let me know so that
  we can compare.

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GemsBotHow does the system work ?

• GemsBot is also continuously producing a price
  for each Instrument that it considers fair to buy
  or sell at that time. It is called the Current
  Evaluated Price (CEP).
• CEP is used as a reference price so that spikes
  can be measured. The difference between the Last
  Price and CEP, measured in ticks, is shown in the
  GAP column.
• CEP is used to initiate and close some of the
  trades produced by the system.
• To familiarize yourself with the system, visit
  the Hot Spots page in the site. There you will
  find complete descriptions of the contents of
  each cell of the spreadsheet.

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GemsBotTrades produced by the system

• A Major Trade is the only trade that its Entries
  are inserted as a Limit Order. All Exits and all
  other trades Entries are at the prevailing Bid or
  Ask or for convenience Market Orders can be used.
• There are three levels of Entries shown but
  since, the First Major Entry is more important
  than the Second, which in turn is more important
  than the Third, only the First Major Entry should
  be used.
• MS values define the time for Major Entries and
  Exits.
• Entry prices are derived from a simple algorithm
  involving the Last price and CEP.
• Entries are triggered when any of the seven
  following crossovers occurs first, those of plus
  or minus 20,50,100,150,200,250 and 300.
• Exits are triggered when there is a 10 drop in
  MS values and may also be triggered when there is
  a contrarian Spike Trade.the

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GemsBotTrades produced by the system

• A Fast Trade is produced when the time interval
  between the three Major Entries for a particular
  Instrument is 1 minute or less. In other words
  when the MS at the start of a new trend is
  increasing rapidly creating three Major Entries
  fast.
• It is exited when the Fast Trade cell is cleared.
  This takes place when any Major Entry is exited
  by the system or when there is a contrarian
  Spike Trade produced.
• When a First Major Entry is not filled and the
  trade develops into a Fast Trade it is wise to
  change the Limit order into a Market order so
  that it is filled.
• When Spike Trades in the same direction develop
  while a Fast Trade is on, one can add contracts.

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GemsBotTrades produced by the system

• A Spike Trade is produced when the GAP value for
  a particular Instrument crosses certain levels.
  For ER it is 6 ticks, for ES and NQ 5 ticks and
  for YM 7 ticks in either direction. They are
  exited when an opposing spike of at least 1 tick
  is produced.
• There are two types of Spike Trades, one is in
  the same direction as the trend and the second is
  contrary to the prevailing trend. Both are
  scalping trades in nature most of the time.
• The first type is less risky and is re assuring
  of the prevailing trend. The second is of
  increased risk but occasionally with great
  results.
• Contrarian Spike Trades trigger the Exit for
  Major and Fast Trades.

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GemsBotTrades produced by the system

• MS rate of change is very important to the
  success of any trade. Every time there is a new
  value of MS from the previous one it is depicted
  with a bold number for easy of recognition. There
  are two types of trades associated with it.
• A MS Spread Trade is produced when the current
  value differs from the one of 1 minute ago by at
  least 100 points in either direction.
• This trade is exited when the Spread drops to
  below 100.
• It can be considered as a scalp trade since
  normally its duration is small.

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GemsBotTrades produced by the system

• MS Bold Numbers Trade is produced when for the
  last 1 minute all the MS values are bold,
  indicating that MS continuously improves, and the
  All Bold is seen in the spreadsheet.
• This trade is exited when the count of Bold
  numbers drops to a value below 10.
• The MS Bold Numbers Trade is also scalping in
  nature.
• The two MS rate of change trades may occur more
  than one time within a particular trend period.
• When both MS Spread Trade and MS Bold Numbers
  Trade are on, the trades produced have reduced
  risk. If the Fast Trade is on as well then the
  risk is further minimized.

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GemsBotWhich trade is suitable for you?

• By now you will be wondering why there are so
  many alternative trades and which one to choose.
  There are two reasons.
• Different traders have different styles of
  trading and since GemsBot has the ability to
  satisfy the needs for scalpers and slower
  intraday traders there is no harm depicting all
  that there is available.
• The second reason is that GemsBot is intended
  eventually to be connected to a trading platform
  and trade fully automatic. In that case to get
  the maximum profit out of the market with
  differing market conditions it is essential to
  trade all of the above trades.
• You may feel disappointed, but wait there is more
  to come.

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GemsBotWhich trade is suitable for you?

• So far trades discussed pertain to any one
  particular Instrument.
• When we take into consideration Inter Market
  activity with synchronized trades there are two
  types of trades with substantially reduced risk
  that are suitable for all, including traders with
  small exposure to GemsBot.
• It will be a good idea for traders to try out
  these synchronized trades and to build their
  confidence to GemsBot before they venture into
  the more sophisticated types of trades.
• Closing your days and weeks with a green balance
  will go a long way to help you build confidence
  in the system. Remember Rome was not built in a
  day.

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GemsBotSynchronized Trades

• A few times each trading day we observe all four
  Instruments change in the same direction almost
  simultaneously. They then produce trades that
  have a high possibility of success.
• A Synchronized Major Trade is produced when all
  four First Major Entries have been inserted in
  the same direction within one minute of each
  other. At that time the Major Entries Line is
  color coded dark green or red ( and not light
  green or tan that simply indicates that all
  Instruments are in the same direction
  irrespective of the Entry time) and you may elect
  to enter a trade in the Instrument of your
  choice.
• Exits are produced with either removal of the any
  Major Entry or contrarian Spike of the Instrument
  you trade or change of color of the Major Entries
  Line.
• On a normal day this happens about 6 times, with
  high volatility days increasing this number
  substantially.

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GemsBotSynchronized Trades

• A Synchronized Spike Trade is produced when all
  four Instruments Spike in the same direction
  within one minute of each other. At that time the
  Spike Trades Line is color coded dark green or
  red and you may elect to enter a trade in the
  Instrument of your choice.
• If at the same time the Major Entries Line is of
  the same color, resulting in the vertical line
  being similarly color coded, this trade seldom
  fails.
• Exits are produced when there is a change of
  color of the Spike Trades Line.
• On a normal day this happens frequently, with
  high volatility days increasing this number
  enormously.

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GemsBotSuggested Approach

• Trading is a marathon run, not a 100 meter sprint
  race.
• There is no easy way to survive in the market
  against the top notch worldwide traders that
  Futures attracts without a disciplined system.
• GemsBot is a tool that can help you reduce your
  losing days to a minimum and within reasonable
  time to increase your wealth.
• Get to know the system well before you start
  trading with real money with it.

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GemsBotSuggested Approach

• Spent sufficient time to study the behaviour of
  GemsBot for at least the last ten trading days
  from the Archives page.
• Compare your own actual trades against GemsBot.
• Then try it out for three consecutive trading
  days.
• See the results in your daily balance.
• If you are confident that GemsBot works well for
  you then follow it closely on a daily basis.
• The rest will soon be history.

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GemsBotAbout

• GemsBot has been running for more than 5 years
  now.
• The developers name is George Marcovits, living
  near Athens Greece, (ET 7 Hours), with nicknames
  GemsBot and gem2004.
• For more info visit the site Gemsbot.com

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GemsBot Warning

• Please refrain from trading using GemsBot, until
  you understand the system completely.
• There is a substantial risk of loss in trading
  futures. Past performance is not indicative of
  future results. The information and data in this
  site were obtained from sources considered
  reliable. Their accuracy or completeness is not
  guaranteed and the giving of the same is not to
  be deemed as an offer or solicitation on our part
  with respect to the sale or purchase of any
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  people associated with the site may in the normal
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  may not agree with the opinions expressed in this
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  result of the opinions expressed in this site
  will be the full responsibility of the person
  authorizing such transaction. Index futures
  products are not suitable for all types of
  investors.