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Wave59.com

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  #1 (permalink)
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Has anyone had any experience with the Wave59 product?

Seems like a small company with some interesting technology (Hive Tech in particular).

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  #3 (permalink)
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I di use Wave59 when I first started trading futures, trying to know what the market as going to do using planetary cycles etc... Sometimes it worked ans sometimes it didn't...

Pete

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  #4 (permalink)
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superpete View Post
I di use Wave59 when I first started trading futures, trying to know what the market as going to do using planetary cycles etc... Sometimes it worked ans sometimes it didn't...

Pete

Did you try the "Hive Technology"?

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  #5 (permalink)
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had the wave for one month, which was enough, no good for intraday trading, what it teaches, is that the solar system has order, planet earth as run by humans is complete disorder, hence no good for the market

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euroventure View Post
had the wave for one month, which was enough, no good for intraday trading, what it teaches, is that the solar system has order, planet earth as run by humans is complete disorder, hence no good for the market

@euroventure,

Did they have the Hive technology in the product when you used it?

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I tried to find reviews on the Hive tech as well. It seems no one buys Wave59 for that, it's all about astrology and waves.

I couldn't find anyone else using Hive except for three or four people on their support forum, and none of them really provided any kind of review.

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  #8 (permalink)
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someone posted asking about wave59 today.... I have it, but no longer use it.... it can have benefits in abcd formations and others but I use Ninja/Sierra for those. Once you understand market structure, square of 9,fib vortex and others make sense so Wave 59 isnt need. i prefer pa over everything

hope this helps

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  #9 (permalink)
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I've heard conflicting information about Wave59. Some say its the best platform to use for Gann analysis and forecasting, but other say that it has trouble handling data from some data feeds. Does anyone else have experience with it that you can share? $7,500 is a lot to invest in a trading platform, so I'd like to hear others experience with it.

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  #10 (permalink)
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I was a multi-year using of wave59. I used it for one item in particular. Chart scaling and the ability to apply geometric shapes to a properly scaled chart.

I'm trying to avoid multiple platforms this time around, focusing exclusively on Ninjatrader and FibonacciTrader (maybe Amibroker due to its speed).

Anyone able to get the same feature in NT or FT?

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NJAMC View Post
Did you try the "Hive Technology"?

Did you end up trying this? ChaosHunter has a similar thing

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  #12 (permalink)
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AI3000 View Post
Did you end up trying this? ChaosHunter has a similar thing

I don't have the package....

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NJAMC View Post
I don't have the package....

Looks like it got cheaper, 99 a month might be worth a look but i still dont get it.... if they apply different weights to coefficients to find the best fit how is it able to adjust?

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  #14 (permalink)
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AI3000 View Post
Looks like it got cheaper, 99 a month might be worth a look but i still dont get it.... if they apply different weights to coefficients to find the best fit how is it able to adjust?

It has been a while since I remember the research on the product, but I believe they used a Genetic Algorithm. This type of algo does not have fixed coefficients but are update with each new incoming data point. So more of an online learning. This means it takes a while to stabilize and makes a few assumptions about future data. I think i.i.d. is one assumption, and the next data point is similar to the current point.

Generally, good assumptions, but not sure how well they hold with non-linear and non-stationary data. I am sure there are times when it will work well (well behaved trend or horizontal movement) but think it would not do as well with high volatility.

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NJAMC View Post
It has been a while since I remember the research on the product, but I believe they used a Genetic Algorithm. This type of algo does not have fixed coefficients but are update with each new incoming data point. So more of an online learning. This means it takes a while to stabilize and makes a few assumptions about future data. I think i.i.d. is one assumption, and the next data point is similar to the current point.

Generally, good assumptions, but not sure how well they hold with non-linear and non-stationary data. I am sure there are times when it will work well (well behaved trend or horizontal movement) but think it would not do as well with high volatility.


Solving for non-stationary data is fairly easy (log() and transform back), I would imagine they do that already.

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Still lots of issues with data handling ... but here is a first decent result

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  #17 (permalink)
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You can subscribe to Wave59 for $99; I plan to do that later in August or early September.

Right now I’m reading “Trading with Wave59 Volume 1: Technical’s”, I also bought “The Definitive Guide to Forecasting” and “Gann’s Scientific Methods Unveiled: Volume 1 and Volume 2” by Patrick Mikula Kindle Edition from Amazon.

https://smile.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Ddigital-text&field-keywords=Ganns+Scientific+Methods+Unveiled%3A+Volume+1

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the software made my head hurt. i hated it

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  #19 (permalink)
San Jose, CA USA
 
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Anyone used Action Zones in Wave59? It usually picked intraday tops/bottoms or major turning points.

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