⭐ fxus Posted June 23, 2016 Report Share Posted June 23, 2016 Does anyone have any experience with this company : http://www.daytradexchange.com ? They claim that their software ARCHER is based on predictive algorithm and is used by hedge funds. They offer room trial but no trial for software. If anyone has this software, please share. Regards, stevemoore 1 Quote Link to comment Share on other sites More sharing options...
stevemoore Posted June 24, 2016 Report Share Posted June 24, 2016 Does anyone have any experience with this company : http://www.daytradexchange.com ? They claim that their software ARCHER is based on predictive algorithm and is used by hedge funds. They offer room trial but no trial for software. If anyone has this software, please share. Regards, Very interesting system. Just too bad they have no software trials.:( Quote Link to comment Share on other sites More sharing options...
lbf4223 Posted June 24, 2016 Report Share Posted June 24, 2016 "Our trading room Software costs are fit to your budget. Take the time to talk with our staff to figure out what will work best for you." Translation: 1000's of $'s Quote Link to comment Share on other sites More sharing options...
Gretta Posted June 24, 2016 Report Share Posted June 24, 2016 Very interesting system. Just too bad they have no software trials.:( Free trial to the trading room. Would be good to see if their reported performance matches the trading room performance. Quote Link to comment Share on other sites More sharing options...
egaalh Posted June 25, 2016 Report Share Posted June 25, 2016 Hello I will say it again and again. Do you think that any company will sell you a program that make money. If the program make money than why to sell it. think twice about it. would like to see one program that someone bought and made money with the program leonex3, thedriver and profile 3 Quote Link to comment Share on other sites More sharing options...
⭐ nadjib Posted June 25, 2016 Report Share Posted June 25, 2016 nice a look them in youtube nice concept Quote Link to comment Share on other sites More sharing options...
Gretta Posted June 25, 2016 Report Share Posted June 25, 2016 Hello I will say it again and again. Do you think that any company will sell you a program that make money. If the program make money than why to sell it. think twice about it. would like to see one program that someone bought and made money with the program Do you think it's possible that you can take what someone has developed and offered for sale, and use that as a basis to create your own winning approach? Traderbeauty, ⭐ fxus, admis and 4 others 7 Quote Link to comment Share on other sites More sharing options...
imfm Posted June 26, 2016 Report Share Posted June 26, 2016 IDONT SEE ANY PROBLME TO SHARE OIR SELL A VALID METHOD why i have to hide it i think is really inreresteing share with others remeber trading is a hard way ⭐ fxus 1 Quote Link to comment Share on other sites More sharing options...
⭐ fxus Posted June 27, 2016 Author Report Share Posted June 27, 2016 Based on what I gathered so far : 1) They are using limit orders on the book, Level 2 data, to predict support and resistance levels out side the current price level. 2) They are not using any historical data as part of their predictive model. 3) They use 2 charts - 2 min with 2.8 model (tracking larger orders) and 1 min with 1.2 model (tracking smaller orders). 4) Looking to trade in the direction of larger model 2.8 using 1.2 as entry. Thanks, jean123, admis, ⭐ elishar and 4 others 7 Quote Link to comment Share on other sites More sharing options...
Gretta Posted June 27, 2016 Report Share Posted June 27, 2016 Based on what I gathered so far : 1) They are using limit orders on the book, Level 2 data, to predict support and resistance levels out side the current price level. 2) They are not using any historical data as part of their predictive model. 3) They use 2 charts - 2 min with 2.8 model (tracking larger orders) and 1 min with 1.2 model (tracking smaller orders). 4) Looking to trade in the direction of larger model 2.8 using 1.2 as entry. Thanks, Thanks. Is the above based on your watching their trading room? If so does their reported results match the room results? How does their software relate to the trading rules? Quote Link to comment Share on other sites More sharing options...
kenny123 Posted June 27, 2016 Report Share Posted June 27, 2016 A trading room trial may be worth it. Quote Link to comment Share on other sites More sharing options...
⭐ fxus Posted June 28, 2016 Author Report Share Posted June 28, 2016 Thanks. Is the above based on your watching their trading room? If so does their reported results match the room results? How does their software relate to the trading rules? Yes, the rules are based on how they are using their software in trading room. Their YouTube videos don't show all trades. Thanks, Gretta 1 Quote Link to comment Share on other sites More sharing options...
Gretta Posted June 28, 2016 Report Share Posted June 28, 2016 Yes, the rules are based on how they are using their software in trading room. Their YouTube videos don't show all trades. Thanks, Thanks. Was pricing mentioned for their indicators and room? Quote Link to comment Share on other sites More sharing options...
Bill A Posted June 28, 2016 Report Share Posted June 28, 2016 3 month lease...cost http://www.daytradexchange.com/sales-link-1/ tke1 and Gretta 2 Quote Link to comment Share on other sites More sharing options...
⭐ fxus Posted June 28, 2016 Author Report Share Posted June 28, 2016 (edited) This is a better deal : http://www.daytradexchange.com/sales-link-2/ I checked them out for 3 days, not going to spend any more time on this, not worth it for me. My two cents : 1) True trend can not be determined by just tracking limit orders from 2 min and 1 min charts. 2) There is no predictive algo built into the software except pure order book tracking. Thanks, Edited June 29, 2016 by fxus Watson Leung 1 Quote Link to comment Share on other sites More sharing options...
Bill A Posted June 28, 2016 Report Share Posted June 28, 2016 Hey fxus Would you please explain this with a pic if possible - so we can learn ? Many thanks "1) True trend can be determined by just tracking limit orders from 2 min and 1 min charts." Quote Link to comment Share on other sites More sharing options...
⭐ fxus Posted June 29, 2016 Author Report Share Posted June 29, 2016 Hey fxus Would you please explain this with a pic if possible - so we can learn ? Many thanks "1) True trend can be determined by just tracking limit orders from 2 min and 1 min charts." Bill A, Sorry for the typo, fixed it. It should have been : 1) True trend can not be determined by just tracking limit orders from 2 min and 1 min charts. I was commenting on their system which is entirely based on 2 min and 1 min charts as I explained earlier. Thanks, Quote Link to comment Share on other sites More sharing options...
kenny123 Posted June 29, 2016 Report Share Posted June 29, 2016 I have started the room trial, will post back shortly. Traderbeauty, Gretta, ⭐ ESVepara and 1 other 4 Quote Link to comment Share on other sites More sharing options...
Gretta Posted July 6, 2016 Report Share Posted July 6, 2016 I have started the room trial, will post back shortly. Thoughts? Screen shot of recent trades: http://i.imgur.com/0e0o8t8.png ⭐ elishar, Watson Leung, jean123 and 1 other 4 Quote Link to comment Share on other sites More sharing options...
manihag Posted July 6, 2016 Report Share Posted July 6, 2016 looks like big stops are used vs. small targets... could you post a pic from chart(s) showing when/where/why a trade is executed? Quote Link to comment Share on other sites More sharing options...
federicoo Posted July 6, 2016 Report Share Posted July 6, 2016 Based on what I gathered so far : 1) They are using limit orders on the book, Level 2 data, to predict support and resistance levels out side the current price level. 2) They are not using any historical data as part of their predictive model. 3) They use 2 charts - 2 min with 2.8 model (tracking larger orders) and 1 min with 1.2 model (tracking smaller orders). 4) Looking to trade in the direction of larger model 2.8 using 1.2 as entry. Thanks, This strategy should work very well in an ideal world, but unfortunately, in real world the most of the limits orders (level 2 data), specially the further levels, are spoofing, so when price come near these limit orders levels, the spoofing algorithms cancel these and do the work for what are designed, destroying the basis of this logic. However, could be interesting to give a try to this. BR Quote Link to comment Share on other sites More sharing options...
Watson Leung Posted July 7, 2016 Report Share Posted July 7, 2016 (edited) It is a strategy they are using, not just indicator? I thought they just have free room trial, not their indicator/strategy. Thoughts? Edited July 7, 2016 by Watson Leung Quote Link to comment Share on other sites More sharing options...
Gretta Posted July 7, 2016 Report Share Posted July 7, 2016 It is a strategy they are using, not just indicator? I thought they just have free room trial, not their indicator/strategy. No, they are not using a programmed strategy. The results I posted were a screenshot of discretionary trades taken using their indicators in their trading room. Quote Link to comment Share on other sites More sharing options...
⭐ laser1000it Posted July 7, 2016 Report Share Posted July 7, 2016 Thoughts? Screen shot of recent trades: http://i.imgur.com/0e0o8t8.png Sorry my curiosity: It is included the cost of commissions ? Quote Link to comment Share on other sites More sharing options...
⭐ elishar Posted July 7, 2016 Report Share Posted July 7, 2016 The "commissions" field is showing zero, I guess it is without. ⭐ laser1000it 1 Quote Link to comment Share on other sites More sharing options...
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