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when will NJ8 version come out? it was supposed to become available last x'mas but nothing happens. Any beta user here? How to become a beta tester? or... there is no NJ8 version at all?!
Can you help answer these questions from other members on NexusFi?
I found Blood Hound e-x-t-r-e-m-e-l-y difficult to use. Unless you have programing experience, I would not recommend the product. Even then, there is something called learning curve and time spent on BH. Wonder if Jeremy even trades with the BH signals . . . . hmmmm. Futures io members, does Jeremy have a live trading room now to prove the value of BH???
Big Mike, thanks for a forum where people can honestly speak their minds. I enjoy all comments.
The following 2 users say Thank You to bopwillie for this post:
I have Bloodhound and was an early adopter been using it since 2013, I think on paper it's an excellent product however most people I have come across have not made much headway developing consistent trading system templates with it. Part of the problem is the lack of accurate back testing capabilities, and now they push a separate program called blackbird for trade management. I personally have some decent templates but don't really need to use it for my trading. There is a platform I can recommend if you want systems and strategies that are backtested, optimized and have filters you can customize and you don't have to code any of it, and no I do not receive any compensation and do not work for them and they do not do much advertising.
Hi Bopwille, thanks for your feedback. A common misconception about our product is that it is like other products in our industry where you are buying into an existing trading system, and it's credibility is based on how much that system will make money for you.
Our products are not trading systems. The best analogy for our product is Adobe Photoshop.
Much like the talented engineers who build Photoshop aren't necessarily artists, I am not a trader nor do I claim to be. We have no trade room, but instead a product workshop where we show you how to use our software, not trade.
In short, I am a software engineer not a trader. I focus my time effort on building the best possible tools in the industry. Our products are like blank canvases where you use your trading skills and knowledge to create your own trading systems, just as an artist would create imagery in Photoshop. Adobe Photoshop is the best tool in its industry not because they have talented artists building it, but because the best software engineers are building it. The same anology applies to other industries - the best car manufacturers use the best engineers and designers to create cars (not the best race car drivers).
The following 2 users say Thank You to jeremytang for this post:
Thanks for the interest, i have been working pretty hard on the NT8 version, but sometimes as software development goes there are unforseen hurdles. As they say in my line of work, sometimes the last 10% takes 90% of the time. We are right now internally testing an Alpha version and will be looking to release a public beta soon! Thanks for your patience and sorry about the delay.
The following 4 users say Thank You to jeremytang for this post:
thanks a lot Jeremy for your feedback! extremely glad that you are more on software development than trading. This is why I love SI and its products. Trading indeed is very much a personal thing and it depends on one's personality & background. Both cannot not be implemented in a generic template.
Please keep up with your work and I look forward to the release of the NT8 version. I prefer to see a slimmed down version on NT8 sooner than waiting too long for a full-feature port. Please please hurry up.
with all due respect, it sounds like you don't even understand what BH is. Value of BH doesn't need a trading room to prove. They are totally irrelevant from my point of view...
Just wanted to chime in on Sharkindicator's Bloodhound and Blackbird trading development tools here briefly.
Over the past 6 months, I have been working extensively on a trading strategy using Bloodhound, with notable success. However, I also bit the bullet and purchased Blackbird just a month or so ago. That move was a definite game changer for me and the strategy I am working on. I did not believe it at first that money management could make such a significant difference to the profitability of a strategy but I am now convinced that should be an essential part of any strategy.
So, as it is clear by now, I strongly believe that both BH and BB products are great tools for developing trading strategies. No coding required but creatively and persistence definitely helps!
Just my 2 cents.
Blue skies,
PilotTrader
The following 5 users say Thank You to PilotTrader for this post: