Institutional Equivalent Education?

A tip for getting diverse markets on a one-to-one footing for correlations is to put a bounded oscillating indicator (such as the RSI) on them first.

Had an email. Compass are promoting "Pay Day Mastery." $297 Three full days of live trading and training with "Ray." And Michael a profitable protege. At the price its kind of tempting.

Thanks @hostwey I either didn't get, or didn't notice that email.

The Max Spectrometer education is worth a look although Ray seems to have designed it in an odd way such that it isn't as simple as it seems.
While the Spectrometer is primarily based upon Transforms, applying them to your charts yourself is unlikely to get you far without education about how to use them.
Ray makes them into a sort of dynamic Market/Volume Profile (following the slope of the market), which yields many more tradable opportunities than does standard Profile- which even its inventors said was not much good for trading.

All this Max stuff is what Ray was able to salvage from his attempts over the years of producing a retail trading algo with similar robustness to the commercial ones. It is written by his mates (not his students, as has been the case with all the previous indicators).
The main problem being that parts needed value line stuff as in TradingView and parts needed Orderflow stuff as in the more serious futures trading platforms using proper futures data feeds.

One of Ray's students claims to have transcribed the Max Spectrometer into Sierra Chart platform and is finalising a version in Ninja, so that at least the that part of Max - all the tricky stuff can be moved from TradingView, leaving it just with the value lines running on there.

I hope to se you in there later today.

I've been with Compassfx and Ray for quite some time.

There are many things to criticise and I would say if you are just starting out, it's probably not the best place to learn trading because you will be overwhelmed by the amount of content, especially by the relative value concepts.

However, for advanced traders wishing to improve their trading AND with enough time on their hands, it does provide lot's of value. Compared to other coaches and eductional services, it is very inexpensive, actually I would say it is dirt cheap. IG gurus sell courses for much more money ( 2x, 3x and more) offering ridicolous crap such as ICT, smart money concepts, Fibonacci etc. which can easily be found for free on the internet.

Yes, the content at Compass is not well organized and you will spend lot's of time trying to gather and organize the relevant information and sadly it doesn't seem to get better.

To say that Ray is a scammer though or that Compass does aggressive marketing is imho absolute ridiculous and just over the top. Where does Compass even advertise ?

Yes, they want to make money, what else do you expect ? But considering all the crap that is sold out there by gurus that think Vix is a cough syrup and that cannot even spell the world correlation, it is pretty good.

@Porkpie. I got your message, but your settings in ForexFactory prevent me from replying directly to it.
So here it is in a public thread:

I'm not sure what most are doing, but certainly Reeve and several others are still posting in PropTime, but through MS Teams and while Skype was still available you could read things in one which were posted using the other software. I don't know how much history is available, I gave never gone back more than a few days, (even in Skype).

Goo Luck, Ian

Following Ray @ compassfx since a while, here is my opinion:

- he definitely knows his stuff, you can't "fake" that highly sophisticated content about trading (who knew Charlie D. before?, I didn't)
- how successful he and his colleagues or students are with their own money is hard to tell
- BUT: until now I find it almost impossible to create any trading set-ups for my own trading based on the content in his videos (I watched dozens of them), and I doubt that it is possible at all.

Anybody else still following Ray?

That's interesting @RemingtonTJ , which specific techniques do you have problems with?
Do you concentrate on only one trading instrument so that you understand it's nature during different times of day? Do you have 2 charting platforms - one for 'Value Lines/R Squared' and one for OrderFlow? And do you use Ray's Max Spectrometer and Max Shakeout ?

Thanks for answering Ian.

That's a good example: I have MAX Spectro. on TV. But what is it and how do I use it exactly? Where can I find info about that?
(does it have to do with volume and tick delta ?)

'Value Lines/R Squared': are those indicators in TV or do I need Sierra or Ninja for it?

maybe you can give me an advise for beginners like: use crude future 1 Min chart, use this and that indicator, and start with that.

FyI: I have not been in his teaching class, but subscribed to the last "Dark side" workshop and the coming 8 week bootcamp.
I will also continue to watch the youtube videos.

MAX Spectrometer is too complicated to explain here. Simply put, the higher the spectrometer goes, the higher the probability of a down move becomes and the lower it gets, the higher the probability of an up move, But there is very much more t it than just that. Any of Ray's videos labelled MAX or Spectrometer cover this.
It has nothing to do with volume Delta or Tick Delta which is why most of us use 2 different charting platforms because neither technical values nor OrderFlow tell the whole of the story.


Value lines (or what is known as R Square in MAX) are easiest plotted in TV rather than Sierra. They are either straightforward corelated markets or formulae based upon those (such as the 'crack spread' for oil) or internal plottable symbols (such as the Prem, the Tick, the advance/decline, the Puts/Calls etc for the equity indices).

We all tend to specialise; in which market(s) we trade and which resources, timeframes and setups we use. It is all personal taste and usually changes over time (for example Reeve was trading the S&P using the Prem before he joined Ray, then studied Bonds and made his breakthrough on them, before he added Gold and the NQ. Strangely he now never trades the ES!

Thanks Ian.
I am still watching Ray's videos on a daily basis. Always learning something.
Implementing it into actual trades will be a challenge.

Any current members of Ray's "essential bootcamp" here?

Anybody interested in setting up a new self-help group for CompassFX/Ray ?