FXAW

Post Reply
User avatar
traderduke
Trader
Posts: 306
Joined: Mon Nov 28, 2011 7:30 pm
Location: East Coast USA

Re: FXAW

Post by traderduke »

There is a new semi-automatic EA, its only 2days old & so far 5 winners & 1 loser. Looking forward to tomorrow.
JoseQ
Posts: 1
Joined: Wed Nov 16, 2011 6:47 pm

Re: FXAW

Post by JoseQ »

@traderduke

I've been rooting through their website and couldn't find it. Could you send me the link please?

I've had the original client, but had to turned it off as it was playing havoc with my computer the longer it ran.

Thanks!

J
fx800
Trader
Posts: 1334
Joined: Sun Dec 04, 2011 4:11 am

Re: FXAW

Post by fx800 »

traderduke wrote:There is a new semi-automatic EA, its only 2days old & so far 5 winners & 1 loser. Looking forward to tomorrow.

Hi Traderduke,

Please continue posting. Thanks

Peter
fx800
Trader
Posts: 1334
Joined: Sun Dec 04, 2011 4:11 am

Re: FXAW

Post by fx800 »

Gamma_gallus wrote:Got my access, I'll allocate the coming days to analyze this sweet Entropy system and the other stuff on the forum!!

I'm as excited as a kid getting a Christmas present !!!

Thank you Steve for having given us the opportunity to join Craig's forum and letting us know about it. Really appreciate !

Gamma

Hi Gamma,

You have been with FXAW for about a month now. What are your impressions so far. Any success with Entropy ?

Peter
User avatar
DING
Trader
Posts: 103
Joined: Wed Nov 16, 2011 11:53 am

Re: FXAW

Post by DING »

I got disappoint the FXAW forum activity just only focus on Entropy , and the others EA are nobody testing and trading, all forum thread so quiet...

I like stevehopwoodforex.com much more than FXAW, in here every day will appear many interesting and exciting thread, I could learn and study from many and many expert more than from FXAW ...
User avatar
Gamma_gallus
Trader
Posts: 118
Joined: Wed Nov 16, 2011 2:03 pm
Location: France

Re: FXAW

Post by Gamma_gallus »

DING wrote:I got disappoint the FXAW forum activity just only focus on Entropy , and the others EA are nobody testing and trading, all forum thread so quiet...
...
Hi Ding,
That's normal since entropy is the main tool ongoing, and Craig spending all his time enhancing and working on it. He mentionned that once the tool gets stable (application, EA ..etc..) and the features complete, he will then re-work one of the "old" EA, if am not mistaken (RSI or jitterbug)
Craig being the only developper and Entropy being such a huge piece of work, we can understand that he focuses all his time only on it.

fx8000 wrote: Hi Gamma,

You have been with FXAW for about a month now. What are your impressions so far. Any success with Entropy ?

Peter

Hi Peter,

After a month, my impressions are positive. The foundations are rock solid.
Unfortunetaly, I can't give you exact results, since I have been taking trades on various plateforms (mainly demo and few live), and on those plateforms I'm also using other strategies, so not really possible to split the different results ... Also, I didn't take each and every relevant entropy trades (lack of time etc..) but overall the results are positive.

A short summary of entropy signals :
- We receive many signals (from M5 to D1) each one rated with different "vectors" (= probability of success)
- You mustn't take each of them. You need to separate them based on the timeframe (focus on H4, D1) and on the vectors (keep only those with higher probabilities)
- Once you get a shorter list, with interesting signals, then you have a look to the different TP and SL suggested by the tool (TP conservative, medium and agressive), you make the ratio R:R
- Based on this, it's up to you to decide whether you take the trade(s) or not, also based on your feeling about the pair (ex.: signal is bull, but you have the feeling the pair is strongly going down, so you pass this trade)
- Since we trade H4 & D1 signals, it can take time for the trade to trigger (limit order) and to reach the targets. So if you're a pure scalper, you could feel frustrated by the lack of action and speed... :)

You can see that so far it's a lot subjective and manual, so each one will get different results. Some of the people do trade lower TF, other take trades showing bad R:R etc ... it all depends on your risk appetite and on your style.

We're all waiting for the next palteform release that should get rid of the lower TF signals, because they mainly pollute the tool (too many lines), and make the signals analysis more time consuming. Having also the official EA that goes along with the plateform (should be a question of weeks before we get it), will also be of a huge help to trade the signals and assess on their quality.

Do not hesitate to ask for more feedback, with the new releases coming out on a regurlar basis, we could refine our feedback. So you have time to decide yourself on whether or not you want to subscribe to it, no hurry.
But don't think that's the holly grail, there's nothing like this out there. There will be winners and loosers. But I'm really confident that it can bring a real edge and complement your trading arsenal. Trading skills on MM are still a must with this tool to survive.

Hope this helps.
Olivier
fx800
Trader
Posts: 1334
Joined: Sun Dec 04, 2011 4:11 am

Re: FXAW

Post by fx800 »

Gamma_gallus wrote:
DING wrote:I got disappoint the FXAW forum activity just only focus on Entropy , and the others EA are nobody testing and trading, all forum thread so quiet...
...
Hi Ding,
That's normal since entropy is the main tool ongoing, and Craig spending all his time enhancing and working on it. He mentionned that once the tool gets stable (application, EA ..etc..) and the features complete, he will then re-work one of the "old" EA, if am not mistaken (RSI or jitterbug)
Craig being the only developper and Entropy being such a huge piece of work, we can understand that he focuses all his time only on it.

fx8000 wrote: Hi Gamma,

You have been with FXAW for about a month now. What are your impressions so far. Any success with Entropy ?

Peter

Hi Peter,

After a month, my impressions are positive. The foundations are rock solid.
Unfortunetaly, I can't give you exact results, since I have been taking trades on various plateforms (mainly demo and few live), and on those plateforms I'm also using other strategies, so not really possible to split the different results ... Also, I didn't take each and every relevant entropy trades (lack of time etc..) but overall the results are positive.

A short summary of entropy signals :
- We receive many signals (from M5 to D1) each one rated with different "vectors" (= probability of success)
- You mustn't take each of them. You need to separate them based on the timeframe (focus on H4, D1) and on the vectors (keep only those with higher probabilities)
- Once you get a shorter list, with interesting signals, then you have a look to the different TP and SL suggested by the tool (TP conservative, medium and agressive), you make the ratio R:R
- Based on this, it's up to you to decide whether you take the trade(s) or not, also based on your feeling about the pair (ex.: signal is bull, but you have the feeling the pair is strongly going down, so you pass this trade)
- Since we trade H4 & D1 signals, it can take time for the trade to trigger (limit order) and to reach the targets. So if you're a pure scalper, you could feel frustrated by the lack of action and speed... :)

You can see that so far it's a lot subjective and manual, so each one will get different results. Some of the people do trade lower TF, other take trades showing bad R:R etc ... it all depends on your risk appetite and on your style.

We're all waiting for the next palteform release that should get rid of the lower TF signals, because they mainly pollute the tool (too many lines), and make the signals analysis more time consuming. Having also the official EA that goes along with the plateform (should be a question of weeks before we get it), will also be of a huge help to trade the signals and assess on their quality.

Do not hesitate to ask for more feedback, with the new releases coming out on a regurlar basis, we could refine our feedback. So you have time to decide yourself on whether or not you want to subscribe to it, no hurry.

Hope this helps.
Olivier

Thank you, Olivier for your very helpful response.

Please continue to post if there are any further developments.

Kind regards,
Peter
Fmfx
Trader
Posts: 264
Joined: Sun Dec 18, 2011 10:37 am
Location: West Africa

Re: FXAW

Post by Fmfx »

Haven't traded any entrophy signal yet, but comments from new commers at the forum are negative.

So far i've not made a penny.
N☺̴̩̩̥̩̩̩ Ri$k. N☺̴̩̩̥̩̩̩ я̩̥̊Ƹwªrd
SWG123
Trader
Posts: 565
Joined: Wed Nov 16, 2011 3:02 pm
Location: Cape Town

Re: FXAW

Post by SWG123 »

Fmfx wrote:Haven't traded any entrophy signal yet, but comments from new commers at the forum are negative.

So far i've not made a penny.
1. I haven't noticed many negative comments - on the contrary;

2. If, as you say, you "haven't traded any Entropy signal yet" then it stands to reason that "So far i've not made a penny".
fx800
Trader
Posts: 1334
Joined: Sun Dec 04, 2011 4:11 am

Re: FXAW

Post by fx800 »

Fmfx wrote:Haven't traded any entrophy signal yet, but comments from new commers at the forum are negative.

So far i've not made a penny.

Hi FmFx,

Please post a few demo trades from the signal client for H4 and Daily TF using signals with high TSZ vectors so that we can follow their progress and see how good or bad the signals are.

Thanks.

Peter
Post Reply

Return to “General Forex Discussion”