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Author Topic: Entropy - FXAW  (Read 206848 times)

Offline e1vis

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Re: FXAW
« Reply #30 on: January 04, 2012, 03:20:06 AM »
For any existing members, how long has it taken to receive a response after sending payment? I am still waiting to hear back...  ???

Offline disneyland

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Re: FXAW
« Reply #31 on: January 04, 2012, 03:31:42 AM »
me too waited for 2 days.. and nothing.. how hard is to grant access to a forum board?

Offline odysseus11

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Re: FXAW
« Reply #32 on: January 04, 2012, 04:26:21 AM »
Rico I'll be glad to answer anything I can:

1) i'm guessing systems like Jitterbug and Super RSI can be backtested. But Entropy can't?
I dont know, because the EA portion is not completed even in beta yet. What IS running right now are SIGNALS that are broadcast to members using a custom-built chat-type application. Whether there will be some way to backtest signals using the EA I cant say for sure, but I dont believe so, because the EA is just a trade manager for the signals, it doesnt/wont have self-contained trade logic. I cant answer for Jitterbug and SuperRSI. I initially joined just after Jitterbug and SuperRSI's last full development releases, and I didint really use them much at all, I cant really comment on them. I did use the last development effort, which was called marauder, about 2 years ago it was released I think, and then refinements and upgrades.
2) have you backtested any of the systems, or are there backtest results available on site? if so, how long are the backtests, and are they favourable?
I have NO idea if there are ANY backtests for any of the systems on the forum. I would assume that there are, but have never done any myself and never looked for any. I hate backtests with the burning passion of a thousand suns. If I had a penny for every wonderful backtest that prompted me to waste my money and even worse my TIME on a useless EA, I would never have to trade again. And if I made a list of the top 5 EA's that have consistently EARNED me profits, not a SINGLE one was put into production by me based on backtests. For me, FORWARD TESTS ONLY. Personal preference.
3) saudi mentioned live testing results on their forum. what are these like? for instance, how long, what profit %, what drawdown?
I dont have those statistics, they arent to my knowledge available yet on a publicly viewable stats platform like myfxbook, but I am sure that sooner rather than later someone will do that. I havent personally because I just havent had the time and the product is in beta anyhow. All that *I* felt compelled to do was alert my fellow board members here that Entropy, in my view after seeing the development process and the early beta signals, can and will be life-changing for us retail traders. And I didnt want to keep that to myself.

Hope this helps.
[/quote]
http://www.forexfusion.com
stop gambling. start trading.

Offline disneyland

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Re: FXAW
« Reply #33 on: January 04, 2012, 04:50:59 AM »
ok what really disturb me is this...
both another member and i emailed him to show our interest on 2 separate days and he replied almost instance with how to join the forum etc.
However after money is transferred..... he seems to have disappeared despite a couple of politely written follow up emails to ask if he has recieved the funds....
sorry but this is not a good start...

also theres so far no long terms results for current EAs.

People like me are signing up solely based on recommendation by senior members and stevehopwoods.

Offline Rico

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Re: FXAW
« Reply #34 on: January 04, 2012, 05:27:26 AM »
Thanks very much for that Oddy.

That's very funny what you say about hating backtests with the burning passion of a thousand suns :)

I've had a different experience with them. I appreciate they can give you an idea of historical performance that you can't get otherwise unless you have a few years of forward tests.

Once you get down to 25% reliability you get on 1 minute tests, though, then there can be some problems.

But thankfully they've saved me spending money - though, like you, not always time - on systems that seem to work on a sound basis, and look ok, even good, on limited forward testing, but bomb on longer periods of time.

Backtesting has revealed serious flaws in their logic, or binds they can get themselves into which are hard to pull out of.

Still, it's interesting to hear your experience and think it's fascinating that your top 5 EAs didn't depend on any backtesting.

Thanks again for your detailed answers!  :)


Offline houston

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Re: FXAW
« Reply #35 on: January 04, 2012, 05:39:35 AM »
Hello.. any new members who joined FXAW; any opinions & comments to share? Thank U  :D

Offline Ree

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Re: FXAW
« Reply #36 on: January 04, 2012, 09:02:08 AM »
2 days and no reply, lets see how long will it take. Not a good start that is for sure.

Offline Vino_Rosso

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Re: FXAW
« Reply #37 on: January 04, 2012, 09:45:57 AM »
Seeing as 'bluto' has a full time job at NASA I think we should all give him a chance. I can imagine he has been inundated with requests.

It doesn't look like he is in it to make money out of people so I say have a little patience and lets not piss him off because he could easily close his site to new subscribers if he finds it is causing him too much stress.

Offline odysseus11

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Re: FXAW
« Reply #38 on: January 04, 2012, 11:21:23 AM »
He is retired now from NASA I believe.

I do have to say that everyone needs a level of patience here.
Remember that those of us that are members waited a YEAR just to get the BETA version of Entropy *signals*...and as amazing as it is, Craig is a one-man-band and just has a bazillion things to do, so it just can take him a little while to get to everyone and every request - BE PATIENT.
http://www.forexfusion.com
stop gambling. start trading.

Offline flamenco

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Re: FXAW
« Reply #39 on: January 04, 2012, 12:49:00 PM »
As odysseus11 says "Use some patience" in getting your membership through.  I joined the first or second day I started this thread and it took a couple of days for my membership to be 'offically' approved.  So what?  I may have created a major headache for Craig right now with so many new members joining.  I'm sure that has also interrupted his time in releasing Entrophy!  You are not being ripped off!

When you get full access to FXAW I must say the info there is overwhelming at first (and second and 3rd glance!)   I've decided not to pursue anything there and just be patient and wait for Entrophy since that really may be the 'icing on the cake'!

And I should have mentioned long ago that Craig takes all membership fees and does not keep them, instead he donates all funds to 3 or 4 various charities and apparently has done so for years.  In the present world of forex vendors he's really a class act!  And yes, he is retired from NASA now.
It is not the man who has the most that is wealthy, but the one who needs the least!

Offline jamestan1978

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Re: FXAW
« Reply #40 on: January 04, 2012, 12:57:18 PM »
Not that I do not trust Bluto or people vouching for him but there's no proof the money is actually given to charity, it will be good to state the charity so members can verify.
Please dont take my above statement with offense but seriously we can say anything on website .

Offline e1vis

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FXAW
« Reply #41 on: January 04, 2012, 01:05:52 PM »
Not that I do not trust Bluto or people vouching for him but there's no proof the money is actually given to charity, it will be good to state the charity so members can verify.
Please dont take my above statement with offense but seriously we can say anything on website .

True, but let's be honest, noone is joining up because of that - I'm pretty certain people would still be just as keen if the charity bit wasn't mentioned at all!

I'm pleased to say Craig's responded and it seems the delay with my membership is to down to paypal. Hopefully it should all be sorted fairly soon.

Offline deweymcg

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Re: FXAW
« Reply #42 on: January 04, 2012, 04:05:51 PM »
Based on Steve's recommendation and what some others have said about "Bluto" in anotehr forum, I decided to take the plunge. Hopefully it won't be too long before I get the membership details.

Offline Ree

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Re: FXAW
« Reply #43 on: January 04, 2012, 04:18:46 PM »
3 days so far no reply from the owner.

Offline kwchau

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Re: FXAW
« Reply #44 on: January 04, 2012, 04:28:57 PM »
3 days so far no reply from the owner.

I signed up 2 days ago and get the membership approved today. Have received all files from Craig for EA's released previously. He said the new entropy 1.3 would be released on Jan 3, but it seems there is some delay. I think he is really busy dealing with new membership and the full release of entropy 1.3.

 

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