I like to also mention what I observed in regards to reversals. As I stated in an earlier post, reversal are just a comfirmation. When I had access to Socrates and reversals after the 2015 wec I was able to match the reversals on a chart. What I found was, the first bullish reversal coresponded with the high of the previous rally and the second of the rally before the last. If the market was going sideways it was the high within that sideways move. My conclusion is the the reversal system is a derivative of Charting/TA. This is something anyone with access to the reversals can check. After trading/investing using TA for almost 21 years I couldn't justify paying $1800 a year on something I could do myself. I personally don't remember MA actually stating when someone should buy on the reversals, on the first, second or third? Maybe someone can clearify this.

Using confirmations at a point is also nothing new. Chandlestick charting also preaches and teaches wait for confirmation but states the points of entry. I'm a student of bar charting which teaches to identify trend changes and are probably the people who are credited with creating the trend before the confirmations.

My point is that I suggest everyone should pick a study, learn it, trade it and get dragged through the mud (loses)  before trying to use, prove or disprove MA system. Or get a job with RenTech and retired after 10 years