I use the open e-cry platform, so I was hoping for the algorithm not a link.

Ninja should sponsor this site.

Seems there are some reviews here that are helpful


https://www.ripoffreport.com/reports/specific_search/blue%20wave%20trading

https://www.ripoffreport.com/reports/blue-wave-trading/internet/blue-wave-trading-blue-wave-trading-autotrader-has-recompiled-and-stolen-the-software-pow-1318580

Dazza11 

Seems there are some reviews here that are helpful https://www.ripoffreport.com/reports/specific_search/blue%20wave%20trading https://www.ripoffreport.com/reports/blue-wave-trading/internet/blue-wave-trading-blue-wave-trading-autotrader-has-recompiled-and-stolen-the-software-pow-1318580

These reports have nothing to do with the quality (good or bad) of the system. Purely a disagreement between two business owners. As stated from the last post within the report....

"Bluewave and MicroTrends has liaised over a series of miscommunications and both are now amicably resolved

The software was residing on a shared source control server -

Blue Wave has provided payment for the usage of this software without the requirement to pay royalties to MicroTrends for the propreitray components. The public can enjpoy the software which is in a league of its own and Blue Wave has permission to use this internally as it sees fit and their dvelioper can utilise this software on the BWT product line but not use it externally for other projects, nor can they distribute or sell the software.

All matters are now resolved and complete - ignore all other comments and disregard anything contrary to this."

tommartin321 

These reports have nothing to do with the quality (good or bad) of the system. Purely a disagreement between two business owners. As stated from the last post within the report.... "Bluewave and MicroTrends has liaised over a series of miscommunications and both are now amicably resolved The software was residing on a shared source control server - Blue Wave has provided payment for the usage of this software without the requirement to pay royalties to MicroTrends for the propreitray components. The public can enjpoy the software which is in a league of its own and Blue Wave has permission to use this internally as it sees fit and their dvelioper can utilise this software on the BWT product line but not use it externally for other projects, nor can they distribute or sell the software. All matters are now resolved and complete - ignore all other comments and disregard anything contrary to this."

Whilst the second report is about the dispute between BWT and Microtrends, the first link brings up reports which suggest that the quality of the BWT system may be well below par and what is advertised and may even be optimised.

as the vendor sells more and more copies and all the folks making a killing leverage up with the new found grail, its dooms day sooner or later.

forgiven 

as the vendor sells more and more copies and all the folks making a killing leverage up with the new found grail, its dooms day sooner or later.

The only person making a killing is Randy from the subscription fees.


Sent from my iPhone using NexusFi

benbrooke 

to set your chart like BW use these setting They have a nicer arrows :-)

How would you set this up now using SuperTrendU11?

I’ve been watching his YT videos off and on for about 6 months now. Lately he’s had a customer his named Jim who has been doing some videos, showing profits and losses. On June 12, Jim made $600 on a funded account and lost $300 on his own account. Jim trades NQ exclusively.

I’ve also talked to Randy on the phone. Some take aways I’ve gotten watching dozens of these YT videos and the phone conversation I had with Randy regarding his autotrader: (in no particular order)

Randy shows good days. He rarely shows losses. He does tend to cherry pick the days he shows. I asked him about this and he said yes, that’s correct as he uses his YT videos as a marketing tool. I told him that I personally thought that was disingenuous at best and dishonest at worst. I also said that if he wanted to be transparent, he would show all his trades, not just the winners. His response was that I’m welcome to my opinion and thanks for my feedback, but he has no intentions to change his method of marketing.

Jim has been showing losing days as well as winning days. The transparency he has shown was a welcome change.

Randy does trade his own account, however, he very rarely shows this. I have seen trades on his own account only once, which was on ES. It was profitable for him.

The trades Randy shows are on live SIM, so the fills should be fairly close to a live account.

He uses about 20 different templates across the different instruments he trades. I’ve seen ES, NQ, CL, ZB, GC, FDAX, YM (although YM seems to be rare). However, he is not suggesting that someone try to duplicate this, he is intending to show that his autotrader can be used with different instruments, implementing different strategies.

He provides all templates to use and will set up the autotrader software via Skype or teamviewer. However, he does say that you as the user should tweak it for your own risk and MM style.

He suggests that a user should only use 1 chart template on 1 instrument to start with and get familiar and comfortable with how the autotrader works.

Posters here talk about the supertrend indicator that is used, but it doesn’t appear like that is the only strategy used by Randy. There are several others which I have seen in use.

Note that I have no association with Randy, BWT or Jim who has been doing the live videos. I’m only writing my observations as I’ve been interested in finding an auto trading method for my own strategies and found the BWT site and videos by searching. Of course, being a member here helps as a way to get multiple opinions and experiences as well.

If I think of anything else, I will add to this thread later.

spideysteve 

I’ve been watching his YT videos off and on for about 6 months now. Lately he’s had a customer his named Jim who has been doing some videos, showing profits and losses. On June 12, Jim made $600 on a funded account and lost $300 on his own account. Jim trades NQ exclusively. Randy shows good days. He rarely shows losses. He does tend to cherry pick the days he shows. I asked him about this and he said yes, that’s correct as he uses his YT videos as a marketing tool. I told him that I personally thought that was disingenuous at best and dishonest at worst. I also said that if he wanted to be transparent, he would show all his trades, not just the winners. His response was that I’m welcome to my opinion and thanks for my feedback, but he has no intentions to change his method of marketing. Randy does trade his own account, however, he very rarely shows this. I have seen trades on his own account only once, which was on ES. It was profitable for him. The trades Randy shows are on live SIM, so the fills should be fairly close to a live account.

Doesn't that tell you all you need to know?

The best education you will ever receive is free if you are willing to put the time and effort in looking over NexusFi

Does that surprise anyone that vendors NEVER show real live trading results?

fesx 

Doesn't that tell you all you need to know? The best education you will ever receive is free if you are willing to put the time and effort in looking over NexusFi Does that surprise anyone that vendors NEVER show real live trading results?

What’s interesting is that he has a customer who is showing live results.

Randy is putting the videos done by Jim on his own YT feed pretty much daily. Jim shows losses and wins on a funded account and his own live account.