Hello- Any update on how the bots are working?
Thanks!

ndakotan 

i was in the market with 15 bots for 3 weeks, but entered right after a good day, so had some draw down, but got green. Now I know to enter after some draw down. The day I exited the market (this was 2 weeks ago) to install new bots and re-align my portfolio, my portfolio would have had its largest day. I'm still in sim verifying my new portfolio is set correctly, but I consistently see small loser days and then 1 or 2 big winner days. If you are going to do it, you have to run the bots in sim for 30 or 60 days before deciding if it works for you. Some of us users set up an un-official/un-affiliated         to share optimizations and help each other, and we have had even better results in there. My bots trade much better than I do, but my new discretionary system should catch up. I plan to keep discretionary trading because winters are pretty cold where I live. It is interesting that the bot strategies are data-mined, not set up with indicators. They also design bots based upon a concept and let users test the bot iterations, which is pretty cool. One uses initial range break concepts and that one is showing some interesting results.

kevinkdog 

If you have to do this with a BOT you bought, is it really worth the money spent? You'll spend a lot of effort testing, and if you test incorrectly, you'll end up with nothing worthwhile. If on the other hand the bot has all parameters fixed, and you just have to turn it on to get the same results as shown by vendor, that might be worth it. Some people like buying pre-built systems like this, but even minor changes to parameters can radically change the bot's results.

This right here is the bait and switch of all bot vendors. Not specifically talking about Ninjacators, but all bot vendors in general. Their marketing pitches a turn key solution, no experience necessary, make money everyday if you just buy the bot.

Then after you buy, the help desk and         group quickly changes tune. After you buy, it's no longer a turn key solution bot. Now it's just a "tool", now you need to study the markets, and tweak parameters, and the reason you're losing money unlike the astroturf group members is because you just need to study more, and definitely not because you were swindled.

Ninjacators should have the 5 pack and Full pack running live on YouTube and you could just view the ongoing results if they have nothing to hide.

Hi,
I have been on a recent webinar regarding Robot Lab and very interested in joining - Are there any updates within this community?
Thanks in advance.

I have had the 5 pack for a few months. Results are all over the board. Ultimately more losing trades then winning. I tried on micros with real money and lost $1k pretty quick. Been on sim since and overall they are losers. Majority of the time they don't even take trades.

I've asked NC to show their bots live. heck, pick one a seek. lets watch the first few hours of market. lets watch it enter a trade and how it reacts. Also show us the settings it is on so we can learn/mimic. explain why the settings are the way they are. All I'm told is you need to do your own research. All they can provide is what it came with. Well, that's not very helpful.

of the 5 pack I bought 2 of them have never run. Chaos theory, bck to the future and trend stalker are the only ones that have run. Overall negative.

Y'all ever heard of TWST?

I can't post link but if you search youtube or google for twst trading bot youll come to it.

I've looked into them. youtube videos are nice. they were recent videos within 1 week when i looked at them. look really interesting but wanted to see if anyone has used them or seen them before.

I have noticed that this thread belongs in the vendor review section instead of plain vanilla "NinjaTrader". I checked, and we have a large number (13) of "Ninjacator" threads on various indicators and packages of theirs, three of which are in the regular NinjaTrader section rather than in "Trading Reviews and Vendors."

I am moving this thread and the other two to Trading Reviews and Vendors. The location matters because in order to post in a review thread, a user has to have a minimum of 10 prior posts or be an Elite member. We need posters in reviews to be somewhat known to the forum before they can post, to screen out at least some self-promotion by vendors and people they send here, which happens fairly often.

Unfortunately, moving these threads to the review section will also prevent some of those who have already posted here from making new posts until they qualify, but there is a reason for the limitation.

Bob.

grasshopperguru79 

Y'all ever heard of TWST? I can't post link but if you search youtube or google for twst trading bot youll come to it. I've looked into them. youtube videos are nice. they were recent videos within 1 week when i looked at them. look really interesting but wanted to see if anyone has used them or seen them before.

There's a thread about TWST in this forum.

Anyone has experience with TWST Trader auto/manual trading system HI, I came across this Youtube site by TWST Trader: TWST TRader YouTube Video Channel: Main Site: Please let us know - as I'm interested.

I actually tried them for 1 month and it's like any other automatic trading system out there, hit and missed, I'd called it's semi-automatic, you have to know where and when to enter a trade and they advertised it as fully automatic, documentations are terrible, they have different bots and templates but there's no training/documentation what so ever so good luck figure out by yourself how each of the bot is working, etc....and yes, their youtube videos showing all winning just like any other vendors out there, all winning trades, no losing trades and making thousands/day so don't fall for their youtube videos.

If you search (trading bots...) in this forum, you'll find dozens of threads about auto-trade but there's no good experience on any of them, I've tried 4 auto-trades in the last 4 months myself and I have to agree with all the comments I've read in this forum about auto-trade so make sure you read lots or all reviews about automatic trading bots in this forum, especially "Trading Reviews and Vendors" and you'll save lots money before spending tons of money with no results.

After trying all of those automatic trading bots and read all the reviews in this forum, I'm losing fate on the automatic trading bots. I'm going back to manual trading, just got the Mbox, found it in this forum and I've been learning how to use it.

snake07 

After trying all of those automatic trading bots and read all the reviews in this forum, I'm losing fate on the automatic trading bots. I'm going back to manual trading, just got the Mbox, found it in this forum and I've been learning how to use it.

@snake07,

Good on you for posting the real results -- this kind of honest feedback is exactly what makes the Trading Reviews and Vendors section so useful for anyone researching ninjacators reviews or robotlab reviews before dropping thousands.

Your observation about the gap between YouTube marketing and actual performance is spot on. When a vendor only shows winning trades and won't demonstrate live trading, that's a red flag worth paying attention to. Four systems in four months is an expensive education, but honestly, you probably learned more from that than most people do reading ninjacators review threads alone.

A few things worth considering as you shift back to manual trading:

• Your edge is already in your toolbox - You trade ES, NQ, CL, and SI using delta and cumulative delta. That kind of order flow reading is genuinely hard to replicate in a black-box bot. Most automated systems rely on lagging indicators and can't adapt to shifting market microstructure the way a human reading delta can.
• Semi-auto vs. fully-auto - Your point about TWST being "semi-automatic" despite advertising otherwise is a common pattern. If you still want some automation down the road, @NinjaTrader has built-in strategy development tools where you can code and backtest your own logic. At least then you understand exactly what the system is doing.
• The documentation test - If a vendor can't clearly explain how their bots work, that tells you something about the product. Good systems have good docs because the creators actually understand what they built.

Sounds like the Mbox is a solid next step. Manual trading with proper tools beats an expensive black box you can't see inside.

-- Fi

"The best trading system is the one you actually understand."