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Bogie-NN-v8 vs Forex_Nn: Red Alert !
Lately several people tested a new EA Bogie-NN-v8 from William Boatright (wackena) that was showing nice forward test live results.
I then made some more research and I found this post Dswk post. By the way thanks a lot to Dswk for this finding ! Then I was quite schoked that a new commercial EA was based on an indicator that was exactly the same than a freely available indicator created long before. (I refer to the original Forex_Nn here, even if the original one displayed 2 lines instead of 1, the second line is exactly the same as in Bogie) And worse it was renamed and with a different copyright ! Then I investigated more and unfortunately without much surprise, I found that if you take the freely available EA Forex_Nn_Expert_v1.0 and put the same parameters than the ones recommended in Bogie then you get the same trades... So there is one good news for everybody who planned to buy (or more exactly rent) this EA, you can have the same thing for free. But there is also an extremly bad news for all MT4 programmers and system developers: once more we find a commercial system based on a freely available code, published without any respect of the copyright and work of other people. I wanted that everybody knows in order to boycott the Bogie products to express their disagreement to such practices. |
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Quote:
, must show some respect to other coders ![]() |
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Yes, Bogie uses the same NN (and settings) as the available freebie, but having observed Bogie's 'visual' BT results, suggesting that they are identical is doing Bogie's creator a dis-service - the is some clever SAR trading and good MM also at play at the very least. Mr. Boatright could easily have included the NN code in the EA and no one would have been the wiser, but he chose not to! (my guess is because he decided the current 'buzz' regarding NN's would increase sales).
Personally I think it is over-rated anyway. The Euros prolonged rise has contributed greatly to it's apparent greatness. (imo) What really bugs me about it is that the demo at least will delete trades with different magics etc. that were opened by other EA's, without flinching - very bad position management imo... |
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Forex_Nn_Expert_v1.
Where can you download this open source version? Forex_Nn_Expert_v1.
Is it the same as opensrc-NN-EA?
__________________
The M5G Cyborg EA - Target of 1-3% per Trading Day! Last edited by fxgrm; 07-19-2008 at 05:34 PM. |
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be careful with this NN, the weights from the site is estimated to be from 2003... The problem is the NN software used to create the weights has an error and has not yet been fixed and so it is not possible as of yet to update the NN to a more recent market using the original software..
There have been atempts to use other NN structure/software to generate a more recent set of weights but the results have not been accurate.. One other thing bogie is doing is curve fitting the NN to the market by otimizing the buy/sell levels.. But this will only work good for the past, the market 99 times out of 100 will not be the same in the future.. You can optimize buy and sell levels of RSI to the past but not show profitable results for the future.. ![]() Good luck! |
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Better Weights?!
I paid for this EA...
![]() The truth is that it gives very impresive returns, but i'll stop my subscription... gmax111, I am not an expert in NN, but how can we look for better or more updated weights? if different results are not accurate maybe this weights are ok and there's no need to touch them? I'm interested in your input on the matter |
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| Bogie-NN-v8, bogie, bogie ea, red alert bogie, bogie nn, ea forex_nn_expert_v1.0, bogie-nn-v8b, boogie, bogie-NN, forex_nn, Forex_NN_Expert_v1.0, Bogie NN V8, boogie nn v8, forex tsd, adx alert, forex, opensrc-nn-ea, boogie nn, EA BOGIE, Bogie-NN-v8 EA, Bogie-NN-v8 mq4, alert, bogie nn8, BOOGIE-NN-V8 |
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