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Blue wave trading review


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  #71 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 929 since Mar 2012
Thanks Given: 309
Thanks Received: 666


PilotTrader View Post
UPDATE: I joined the Blue Wave Trading (BWT) trading room last week and was impressed by the trade room moderators. I also communicated with the owner/founder of BTW, Randy, back and forth, asking a multitude of questions about their auto trader software. In any case, I bit the bullet and purchased the BWT Precision Autotrader's annual subscription a few days ago. After getting familiar with the software and receiving a demo from Randy, I got my feet wet and traded the NQ in today's session on an APEX Eval account. I actually came close to getting funded on day one (see chart below).

The software includes what BWT calls 'Core Levels' and with my limited exposure so far in the trade room and looking at backtest charts (NQ & ES), these levels are quite impressive. There are a few other levels that serves as potential targets that are currently only available in the trade room. However, Randy says these levels will be made available to automatically plot on the charts with the software very soon.


A few facts that anyone considering the software should keep in mind . 1 . the developer does not trade with real money , makes no claims or offers any prof he does . 2. he has been selling his trading software for many years . 3. he has many complaints from customers over many years . 4 . it is very unlikely any auto trading software will turn any profit at all . 5 . he offers no free trail , that means buyer beware for damn sure !


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  #72 (permalink)
 
PilotTrader's Avatar
 PilotTrader 
New Brunswick NJ/USA
 
Experience: Intermediate
Platform: NT7, NT8
Trading: NQ, CL, GC, NG, HG
Posts: 163 since Aug 2014
Thanks Given: 109
Thanks Received: 363


forgiven View Post
A few facts that anyone considering the software should keep in mind . 1 . the developer does not trade with real money , makes no claims or offers any prof he does . 2. he has been selling his trading software for many years . 3. he has many complaints from customers over many years . 4 . it is very unlikely any auto trading software will turn any profit at all . 5 . he offers no free trail , that means buyer beware for damn sure !

As far as I know, Randy, BWT owner, trades funded and eval prop accounts. I am unaware of customer complaints but I am guessing this forum (nexusFi) is where one can voice their opinions. In any case, so far so good for me personally, I have passed two (2) APEX eval accounts using the Autotrader. Hopefully, it continues to perform in the long term.


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  #73 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 929 since Mar 2012
Thanks Given: 309
Thanks Received: 666

If there are any traders that have bought this software and are now retired trading the software from Saint Kitts , please share the wonderful trill ride with the forum.


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  #74 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 929 since Mar 2012
Thanks Given: 309
Thanks Received: 666


PilotTrader View Post
As far as I know, Randy, BWT owner, trades funded and eval prop accounts. I am unaware of customer complaints but I am guessing this forum (nexusFi) is where one can voice their opinions. In any case, so far so good for me personally, I have passed two (2) APEX eval accounts using the Autotrader. Hopefully, it continues to perform in the long term.

i have to be honest , The bias you have regarding this vendor is fishy .


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  #75 (permalink)
lightsun47
Toronto, Canada
 
Posts: 438 since May 2018
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Thanks Received: 347


forgiven View Post
If there are any traders that have bought this software and are now retired trading the software from Saint Kitts , please share the wonderful trill ride with the forum.


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  #76 (permalink)
 
PilotTrader's Avatar
 PilotTrader 
New Brunswick NJ/USA
 
Experience: Intermediate
Platform: NT7, NT8
Trading: NQ, CL, GC, NG, HG
Posts: 163 since Aug 2014
Thanks Given: 109
Thanks Received: 363


forgiven View Post
i have to be honest , The bias you have regarding this vendor is fishy .

Good for you! Just voicing and sharing my opinion and experience here. Take it with a grain of salt.


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  #77 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 715 since May 2012
Thanks Given: 877
Thanks Received: 1,270


PilotTrader View Post
Take it with a grain of salt.

We will, thank you.


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  #78 (permalink)
 
Darvish's Avatar
 Darvish 
New York
 
Experience: Beginner
Platform: NinjaTrader
Broker: NinjaTrader
Trading: Futures
Frequency: Every few days
Duration: Years
Posts: 176 since Mar 2023
Thanks Given: 168
Thanks Received: 141


TimeTrader View Post
I have attached my posted chart from yesterday. I was only able to trade the early session. I went long based on a break of the Hi Mid1 core level targeting the Expected High level above. I take trades like this pretty much on a daily basis. I have found the Core Levels to be accurate and very consistent. As I am sure you are aware nothing is 100% all the time. My suggestion would be to got to the BWT website where you can find Randy's email to obtain an invite to join the         channel. It is free. There you can see many of my charts that I have posted pretty much on a daily basis for the past 6 months. You will also see other traders using successful methods different than mine and have your questions answered. This way you can make a determination for yourself if this is something that adds value to your approach to trading. All I am saying is that it has for me. Good luck in your trading journey....
BWT_Daily_Trades_Taken_34

Nice chart.

Is it still working for you?


Chaos at one level of magnification is harmony at a higher level of magnification.
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  #79 (permalink)
 iq200 
London, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
Posts: 417 since Jun 2010
Thanks Given: 146
Thanks Received: 286

I am certain that Randy is aware of the forums here. If there were any people (or even the developer) making consistent money from tge software, the developer would be here declaring how good his software is and doing all kinds of marketing.

The fact is probably that there is a lot more money to be made from subscriptions than from trading (if any at all) using his software.


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  #80 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 929 since Mar 2012
Thanks Given: 309
Thanks Received: 666


iq200 View Post
I am certain that Randy is aware of the forums here. If there were any people (or even the developer) making consistent money from tge software, the developer would be here declaring how good his software is and doing all kinds of marketing.

The fact is probably that there is a lot more money to be made from subscriptions than from trading (if any at all) using his software.

lets say the signals worked a high % of the time . As new subscribers come online and old winning subscribers leveraged up from their winnings , the volume coming in ever time the signal came up would crash the servers at the exchange at some point . So the systems only work in back testing . That is just the way it is . believe it or not . buying this is like flushing money down the toilet plus all you time .


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Last Updated on February 22, 2026


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