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Hmm, it seems my normal introduction was not recorded properly for whatever reason in today's webinar. I'm assuming everyone live could hear me do the introduction before turning it over to Alan, but the recording only starts with Alan. ?
Mike
your introduction was heard clearly.
Unfortunately, at least for a non native speaking like myself, the presentation was truly complex to be followed and understood so, though if I got the impression of a promising solution, I am not genuinely convinced it is a programming-free platform, and I left the webinar before it was over.
I understand that the forum and the presentations are mainly meant for native English speaking people, but, if possible, I would suggest another round of presentation in a clearer English and with relatively easier examples, than the one offered yesterday.
Additionally, I think that a step by step description of process (on Power Point or similar) on how the example system is built and the rules are generated (or written) would be beneficial both to better understand the presentation and for any eventual trials of NewPageTrader.
Ciao
G
I have to say that I am very disappointed Big Mike at you allowing a 3rd party vendor to sell their wares and actually have the audacity to name the indicators they are using after the man that so generously gave and has continued to give for free his method. That isn't right in my opinion. Now these guys are going to try and profit from a method that they didn't even design. Never thought you would allow that.
Given that this approach is so different from anything we are used to in the industry, I think going through a simpler example from scratch, start to finish would give a better view of how a user would use the system.
Yes, I think a simpler example would make it easier for people to understand the mechanics of the system.
The graphical presentation is not unique however. Trading Technologies bought TickIt last year, and their "Algo Design Lab" offers the same "circuital" view.
But, unlike TickIT, I assume NPT will be priced for the retail customers, and it will be interesting to see how the program evolves...
I think they just wanted to show how one could use their software to code something more complex than a moving average crossover system without having to know how to use typical programming languages.
Although I agree with a few others that the example was a bit too complex to really show off how it could work.
Tend to agree with Forrestang about the goal (demonstrating the features and how actually the platform works).
However, a more effective presentation, IMHO, would have been much more effective if structured more or less like this
Introduction of the platform (was done but in quite a scattered way)
Logic and philosophy underlining the project of NPT and its features (as above)
Case study based on a simpler (not a banal one, but a simpler one) trading plan
Future plans about new features, releases, and so on (maybe it has been done, but I left before the end due to my poor understanding of the presentation itself)
Pricing :-)
The case study should have been structured in turn with a crisp and precise presentation of it (rules and logic behind) then a step by step implementation, from scratch to the final product. Eventually, having implemented from the basic case study, it could have been possible to further implement it, adding rules, orders, indicators, to demonstrate the flexibility of NPT.
Finally, as an european potential user I would ask whether any integration with european data provider is foreseen, along with any further details about costs or at least pricing approach of NPT
You have misunderstood. The guys have a new platform, and the idea was to show how to create a common system on futures.io (formerly BMT) could be easily created on the platform. Unfortunately it didn't look too easy, and came off as very complex instead. cjbooth is not an Elite Member, there should be no chance he is using any elite indicators.
But they are not selling the system, it was just a demo. As for naming the indicators, they are listed in a public (non-Elite) forum, it is no secret.
They are not going to profit from it. I think you have completely taken this out of context. They are a platform. Like NinjaTrader, MultiCharts. They have no interest in marketing a trading method.