Hi Folks.

I got an email from a long time subscriber (Rod) earlier today, asking a really good question:

Jeff:

Do you find this Decimus superior to Platinum Forex, which you reviewed several weeks ago ?

Rod

This was my reply to him:

"I think both a good trading systems. Whether one is "superior" to another is really a matter of subjective opinion. They both have certain positive characteristics that are specific to one or the other method, and I'm not exactly sure how to quantify those so we can measure which is better.

I think what I liked about Platinum the most was the way the method got you into extra trades (sort of a manual AutoScaler but without a fixed set of entry criteria) which means on the really good trades you could double or triple up on your gains with minimal risk. You cannot overstate how valuable that ability is (turning a single 30 pip move into 70-125 pips). And the fact that AutoScaler is 9 years old and still ranked at the top of the JVZoo Most Popular Forex Products list attests to that value I think.

What I really like about Decimus is actually 3 different parts: First, this system actually tells you exactly when to trade and if you miss the window of opportunity, rather than promoting the idea of getting in late (with all the risks that come attendant to that move) it tells you to Wait. I don't personally need the Stop/Go sign, but I deal with a lot of people for whom this sort of function is a Godsend. It's really a patience/discipline (or lack thereof) issue, but putting that aside, actually giving people permission to trade or ordering them to stand by might be the best substitute for patience and discipline I've ever seen.

The second part I like is that the entries seem to be a lot more consistently profitable with Decimus. I've run both charts side-by-side and it seems to my visual backtesting eye that Decimus gets you into winning trades earlier. The difference of one or two Renko boxes can be huge in that earlier entries mean earlier moves of the SL to break even. For the last couple of years that has been the primary focus of my trading: Get to break even as quickly as possible. After that, the only two outcomes are winning trades and break even trades. It is all but impossible to lose money trading at that point.

The final part I like is the use of the opposite direction arrows as exit points. In a choppy price action scenario, this means limited losses (which I limit even further once I figure out I'm in a choppy price action scenario and suspend trading until price breaks out of the range) and a way to maximize profits by exiting winning trades at the first sign of trouble.

And if it turns out to be a false alarm and price resumes the trend in my original trade, Decimus will give me another entry arrow and I can simply take another trade.

The opposite direction arrows would be entry points for an opposite direction trade, assuming the Trend was also transitioning. But the same calculations used for the entries I take are also used for the opposite entries, meaning you are getting those opposite trade signals (or exit signals if I'm already in the trade) earlier than with most methods, including Platinum.

Whether I take the opposite direction trade or not (and I usually do not) I'm still getting out of my original trade at the first sign of a reversal, with most of the pips intact, as opposed to waiting for an extra 2-3 boxes to form before I am convinced my trade is over.

So as to your original question: Which one is superior? I would say I am leaning towards Decimus simply because of the better entries and the Buy/Sell/Wait instructions. But if you are trading Platinum successfully, I don't know that you would gain enough of an advantage from Decimus to justify the switch. So in the end, you are left having to make your own decision.

But for those who passed on Platinum and are still looking for a trading method that is simple to follow and works well on both Renko and time based charts, especially the longer time frame charts, I think they should take a long, long look at Decimus.

Hope that helps.

Jeff"

I created a 25 minute video review for Decimus if you haven't seen it yet. You can find it on YouTube here: https://youtu.be/8AX7gz1_KNo    

If you want to check out the product page, here is the link: FOREX DECIMUS     

Jeff