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  #11 (permalink)  
Old 07-09-2008, 11:44 AM
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O Why me? Next time

Last edited by rchapmand; 07-09-2008 at 04:10 PM. Reason: Wrong Thread
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  #12 (permalink)  
Old 07-09-2008, 02:13 PM
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lol...good try but it looks like you have a ways to go... see attached for the summary to best, when you can rack up over 100 consecutive wins or a 94% win ratio over 600+ trades then come back and let us know

anyways who is ripping off anyone? I dont know where you live but here in the US people are allowed conduct business for profit. Forex afterall is a business and business is about making money.

Results27.gif
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  #13 (permalink)  
Old 07-09-2008, 05:08 PM
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Quote:
Originally Posted by dsvt1 View Post
Good Day,

I see that there is some discussion of my system. I thought perhaps I could answer some questions?

Anyways it is based on the principles of dynamic range forecasting (google it and see what you find ). Incorporating ATR with some other calculations similar to the way in which one would calculate IV. (hint) THe above posted files look similar but are not quite there yet they are much less advanced and lack the ability to self optimize the internal parameters.. overall the above posted files look like they are just the ATR*2 or something... havent really looked closely...

Frankly Im not suprised to see that some people would like to copy or steal my ideas, probabaly the same type of people who take the TP from public restrooms so they dont have to buy their own?

------------------------------------------------------
SO MY CHALLENGE IS AS FOLLOWS:

Post a system which generates a better win ratio than mine over the same number of trades and I will stop selling the system and give it away here for free. Any takers?
_________________________________________________


kjhfdgjfhdghdf - you sound like the robin hood for noobs? are u sure that your stated interests are your true interests? or do u just want a system that works for yourself? can you best my results? Can you even post a history of profitable returns??

Lastly, with regard to selling it... why shuoldnt I? I have invested time and effort to create a quality product which my clients find value in. For those who have developed their own systems, didnt it cost you more than 200 in time and effort? of course it did... Anyways the 200 is a drop in the bucket in comparison to what I charge for custom work... it helps to offset R&D but little more.. I do get alot of custom work business from the exposure the ad brings me so what is wrong with that?

Anyways best of luck and Im happy to discuss further provided the tone is kept at a professional level.

Best Regards
Maybe I am looking for a better system for myself.
Isn't everyone always looking?
But I know from many years of experience that trade sheets and videos and a $200 price tag always seem to be different than live trading.
And of course there is never any refund.When it doesn't work as planned.
So this is why I want to warn noobs not to buy things like this.

Have you traded this live? If no why not? If you have complete confidence in your system, enough confidence to sell it on ebay for $200, why wouldn't you trade it live yourself?
I can understand you selling it, to get more capital to trade.
Because we all know that we must keep our risk to a minimum.
However you post demo MT4 account reports, which are easily faked.
I could right now post an MT4 account report and alter all the trades to look favorable.
It is very easy to do.
And with the 100% profit on each sale that would be a great motivator to do that.
How about a screenshot of a live account history, with your details blanked out?Thats not much to ask surely is it?
How about I set you a challenge seeing as though I started this thread.
You give me an expiring version and ill run it for 2 weeks and post the trades.
Ill even have mt4 take screenshots of the actual indicator live in action.
Then if it works as you say it does, and has better results than 100 free indicators I have that do pretty much the same thing, I will publicly state that you are an exception to the rule of indicator peddlers.
However I doubt you will accept this challenge.
Because you know that my results may be very different to what you state.
I don't see anyone wanting to steal your idea.
But surely you must understand, being a logical professional person yourself, that we see 1000's of people like you come and go peddling curve fitted crap that is not worth a penny.
You don't have to do any of this or prove anything to anyone.
But it would be interesting to see if there is actually 1 genuine indicator seller on the planet whos system actually works as stated.
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  #14 (permalink)  
Old 07-10-2008, 02:27 AM
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Is this true or it is doctored ? That is a very high win ratio 94%

Quote:
Originally Posted by kjhfdgjfhdghdf View Post
Maybe I am looking for a better system for myself.
Isn't everyone always looking?
But I know from many years of experience that trade sheets and videos and a $200 price tag always seem to be different than live trading.
And of course there is never any refund.When it doesn't work as planned.
So this is why I want to warn noobs not to buy things like this.

Have you traded this live? If no why not? If you have complete confidence in your system, enough confidence to sell it on ebay for $200, why wouldn't you trade it live yourself?
I can understand you selling it, to get more capital to trade.
Because we all know that we must keep our risk to a minimum.
However you post demo MT4 account reports, which are easily faked.
I could right now post an MT4 account report and alter all the trades to look favorable.
It is very easy to do.
And with the 100% profit on each sale that would be a great motivator to do that.
How about a screenshot of a live account history, with your details blanked out?Thats not much to ask surely is it?
How about I set you a challenge seeing as though I started this thread.
You give me an expiring version and ill run it for 2 weeks and post the trades.
Ill even have mt4 take screenshots of the actual indicator live in action.
Then if it works as you say it does, and has better results than 100 free indicators I have that do pretty much the same thing, I will publicly state that you are an exception to the rule of indicator peddlers.
However I doubt you will accept this challenge.
Because you know that my results may be very different to what you state.
I don't see anyone wanting to steal your idea.
But surely you must understand, being a logical professional person yourself, that we see 1000's of people like you come and go peddling curve fitted crap that is not worth a penny.
You don't have to do any of this or prove anything to anyone.
But it would be interesting to see if there is actually 1 genuine indicator seller on the planet whos system actually works as stated.


Has this guy doctored this results. I need proof . Their is something not right with the system ?
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  #15 (permalink)  
Old 07-10-2008, 02:33 AM
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Prove it

Quote:
Originally Posted by dsvt1 View Post
lol...good try but it looks like you have a ways to go... see attached for the summary to best, when you can rack up over 100 consecutive wins or a 94% win ratio over 600+ trades then come back and let us know

anyways who is ripping off anyone? I dont know where you live but here in the US people are allowed conduct business for profit. Forex afterall is a business and business is about making money.

Attachment 64843


Is this true or Doctored. Show the Proof on a live account . I am willing to pay US$ 200 if you can show the proof on a live account. If it is that profitable on a live account you would have shown the Live account results.

Prove your results that is what we are asking? Even with Neural Networks which are highly complex and very profitable that win ratio of 94% is highly Suspect.


I am waiting for Proof.
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  #16 (permalink)  
Old 07-10-2008, 12:16 PM
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paranoid?

Quote:
Originally Posted by progressapama View Post
Has this guy doctored this results. I need proof . Their is something not right with the system ?
Look lets be direct here - frankly this is reaching the realm of absurdity

I did not come here to draw attention to my "products", nor did I start this thread...

kjhfdgjfhdghdf you are the one who drew attention to the listing and on the listing at the bottom is the trade by trade transaction history for the above posted results. I am not going to post a link as I am sure it would be misinterpreted as "shameless self promotion" or something similar...

I would suggest you conduct your own evaluation to determine whether the results are accurate or not. Every transaction is verifiable.

The trades were taken manually, there was no automation involved. the trades were taken on just two pairs over 1m through 1week timeframes. Position sizing was the only descresionay variable.

As someone pointed out above, an indicator is nothing more than a tool. Will everyone who uses this indicator be able to achieve the same results?- of course not. Lets be honest here - if you suck at trading there is nothing is the world which will help you except practice and if you understand trading then you can likely make money with just about any chart setup.

What I offer is a means of simplifying the analysis and providing a straight forward, analytical framework which encompasses the best in class attributes that any successfull trading system should contain. I dont think I need to list them....

I think the unfortunate underlying issue here is that the sheer multitude of scams, crap and otherwise floating around has created a sort of widespread skepticism (perhaps rightfully so) about these issues. So help me understand does this mean those like myself who enjoy programming and are trying to run a reputable custom programing business should stop or cease seeking compensation for our work? Im sure a case can be made either way and doubt debate is worth the effort.

I will consider i live demonstration in the near future.

Best Rgds
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  #17 (permalink)  
Old 07-10-2008, 03:07 PM
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Cool

Just to add my 2 cents worth.

I have bought the dynamic range indicator and have been watching it for over a week or so. ITS VERY GOOD. and I'm definitely going to be using it in the near future. I am also speaking to the guy who does my programming to look at an expert based on it.

I have not seen any re painting or moving around so the signals that you see on the screen shots are what you get in real time. There is also an updated version soon with better alerts and email etc.

I have bought my fair share of garbage systems just like the rest but this one isnt one of them. Like the man says "if you are crap at trading anyway then the DR indi's probably won't help"

Different pairs and indicies work better on different time frames so that would be upto the individual to play with and find a good set up - eg. UK ftse100 is good on 1min and 5 min but some others would work better on 15 etc.

I have no affiliation to the vendor nor getting anything for adding these comments. I'm just adding my personal view for balance.

Andy
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  #18 (permalink)  
Old 07-10-2008, 05:08 PM
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Hi

Andy,

May I ask - do you use it alone or with other indicators? Does it come with info about the best configurations for different timeframes / markets?

Regards,

Paul.
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  #19 (permalink)  
Old 07-10-2008, 05:20 PM
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Quote:
Originally Posted by dsvt1 View Post
Look lets be direct here - frankly this is reaching the realm of absurdity

I did not come here to draw attention to my "products", nor did I start this thread...

kjhfdgjfhdghdf you are the one who drew attention to the listing and on the listing at the bottom is the trade by trade transaction history for the above posted results. I am not going to post a link as I am sure it would be misinterpreted as "shameless self promotion" or something similar...

I would suggest you conduct your own evaluation to determine whether the results are accurate or not. Every transaction is verifiable.

The trades were taken manually, there was no automation involved. the trades were taken on just two pairs over 1m through 1week timeframes. Position sizing was the only descresionay variable.

As someone pointed out above, an indicator is nothing more than a tool. Will everyone who uses this indicator be able to achieve the same results?- of course not. Lets be honest here - if you suck at trading there is nothing is the world which will help you except practice and if you understand trading then you can likely make money with just about any chart setup.

What I offer is a means of simplifying the analysis and providing a straight forward, analytical framework which encompasses the best in class attributes that any successfull trading system should contain. I dont think I need to list them....

I think the unfortunate underlying issue here is that the sheer multitude of scams, crap and otherwise floating around has created a sort of widespread skepticism (perhaps rightfully so) about these issues. So help me understand does this mean those like myself who enjoy programming and are trying to run a reputable custom programing business should stop or cease seeking compensation for our work? Im sure a case can be made either way and doubt debate is worth the effort.

I will consider i live demonstration in the near future.

Best Rgds
Hi

I do appreciate your reply. As you have noted there are thousands of non traders and even some programmers who claim that they have the best tools but most of them are crap or pure scam. Your Indicator seems to be based on the VT Trader Levelstop-Reverse indicator.

I do also appreciate your efforts. I just want to make sure that you are legit. I am successful trader and can do a little programming if i am forced and have been trading for the last 8 years. What caught my eye is the High Percentage of wins. We all Agree that tools only help a trader who knows what he doing. What i don't agree with is the fact some programmer's will scam their way by selling totally useless products with false advertising
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  #20 (permalink)  
Old 07-10-2008, 06:16 PM
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Why don't you give someone an expiring trial version?
What is so bad about doing this?It could work in your favor.
If in a few weeks they see hmm ok its not a holy grail, because that doesn't exist, but its a well working indicator then they would buy it.
And so would many others.
This being the evaluate commercial ideas section, why don't you give someone an expiring ex4 to test?
And if it works as you say then you could expect many customers.
Why would this not be worth your while?
Unless you don't have confidence in your indicator.
If you are worried about someone decompiling it the risk is already there they could use the ones you have already sold people.
So there is already the risk of decompiling regardless of giving a trial test version for members of the forum to evaluate.
So please don't use that as an excuse.
Basically people if he had as much confidence in this as he states then he would allow it to be tested.
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Dont worry, bout a thing, cos every little thing, gonna be alright.
The future has not been written.
There is not fate, but what we make for ourselves.
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