My trading partner's mother actually bought into shadowtrader for a bit and attended her webinars for a long time. I think the platform was fine as long as you were following along with her live trade demos but I don't think any "system" is worth sinking money into. Take a look at some of the systems on here and you'll get just about the same results without spending our precious money.
The following user says Thank You to Caveman for this post:
Does anybody here have real trading experience with this outfit? What they say on the webinars is very interesting and yes it seems they are trying to make money but who isn't.
Barb has made over two or three million bucks from selling her training course to well over two thousand people by now.
It used to be $4,000 then was $3,000 now between 500 and 1,000.
She keeps reinventing herself, and manages to stay ahead of the backlash.
In the last 4 years, I have known many many people who have tried to make money with her techniques and have failed. Nobody has consistently succeeded, everybody has lost money and ended up either quitting or realizing they needed to go somewhere else to get some real help and real workable techniques.
She and her husband Jim are all hype and promotion.
Be warned!
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@perryg will review his trading method and talk about the improvements he has made to the system since the webinar last year, plus answer questions
Her system is so good that Perry won an award with the system here on BigMike`s.
The essence of what he tells you here in the webinar today on february 25th is from shadowtrader`s. I am a shadowtrader`s customer and I know that Perry even uses the same colours of the moving averages and the fractals. I am not a programmer and I do not know how he got Barbara`s codes. But it is definitely their work what Perry is showing. Of course he added one or two own things, but the templates are from shadowtrader`s, and also every idea.
He should at least say thank you to his great teacher`s Barbara and Melanie.
I do believe that you owe an appology for this remark. I do not program, but the person that programed these indicators, has built up these from scratch, as they have also been improving over the past year. If you have been following this thread and the previous one, there has been an evolution of development using MA if you had learned the method from the beginning. Fractal points have been around on this thread for a few years, and even BigMike had made addition to it, so to say someone got hold of Barbaras code is a liable statement. I think an apology is forthcoming.
The analysis of MA is not new, please read Hurst, John Person on Candle stick and Pivot point candle stick trigger and about another 30 odd books. Last and not least, I do not sell anything, take money from others, or try to coerce anyone to trade this system. All is free and knowledge that I have got over 40 years of experience.
Incidently the color of the PPma are according to John Persons charts on Pivot point MA.
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Barb has been teaching her system for at least 5 years and has imparted her wisdom on ( I would imagine) a few thousand clients. I would just like to see proof that at least 1% (20-30 customers) of her client base has made $26,364.00 a year (U.S. median annual income) for 3 years I bet she can't produce a single one.
The following 2 users say Thank You to tigertrader for this post:
There's also a buffet of free domain Metatrader4 indicators source including common ones like fractals and exotic and crazy ones (saw a planetary/horoscope cycle indicator) for MT4 a coder could learn from and port ideas with some ease to Ninja since both share C syntax. Probably came about with the Forex "EA" craze with hundreds and counting , of EA's made with their special .ex4 indicators (maybe too easily able to decompile to mq4 source with the stuff out there).
if you have a good product and you sell it to several thousand people and make some millions out of that,
that is fine and legitime for me. If your methods work for many people, if they can make money the developper of the product is "allowed" to sell his product. That is normal business.
Most trader`s who make money do not read forums.
Why do I read?
Today I am bored. I do not trade that narrow wedge on CL.
I can tell you that Perry's system is almost identical to Barbara's system. I am amazed if these two came to the same setups/charts from different paths.
Absolutely amazing how close they resemble each other. I have no interest in either system, but just making the point that trader2 is right in that the systems are almost identical.
Maybe Barbara's system has changed, and it really doesn't matter, but it is astonishing to me how closely they resemble each other. I realize this is an unpopular statement as Perry brings in subscribers to the forum and he is so wildly popular with the brand newbies to trading as well.
I guess I would rather have them learn this here then pay ST 1600.00 (or whatever they charge these days) etc...
The following 2 users say Thank You to bluemele for this post:
fractal point was formalized in Bill Wiiliam book Trading Chaos published since 1995. I coded vertical color lines on background way before shadowtrader coded them. and I doubt if Barb can spell Hurst cycle.
My whole point is who cares... I have copied many systems or taken influences from many in several systems that I have played with. The whole point is that this like CJBOOTH and others is very similar so it must work to a certain degree...
My goal was to point out that shadowtraders is not "scam"
and I thank you all because I think that this discussion shows that shadowtraders sell something that works for some people if they have a trading plan and are willing to follow rules...
What I appreciate is their support, their updates, their teaching, you have free classes every wednesday and thursday, sometimes there are additional classes. The chatroom is free for 3 months (then it is 100 $ a month, but you are not automatically renewed - every month it stops working and you have to sign up separately every month, so they make it easy for you to get out of the chatroom and "difficult" to get in again for another month).
I consider this as very user-friendly and honest.
There is another trading room on the internet (puretick) , after cancelling them they restart charging you with monthly fees if you click by accident on your old login!!! And they say that their system does this and they cannot change it.
Although I am a countertrend trader I attend Melanies classes every wednesday as this is my time zone, and I am so encouraged by her optimism that my own trading gets better just by being part of this community (and it comes with the package for lifetime)
For me this is an important point. Melanie is a trend trader, and listening to her I always get the feeling that trading can be an easy thing, also with a small account, and that it is so easy to grab some ticks - "do it with more contracts" she tells us and it is really true - I do it. Melanie is is such a positive person.
There are so many people on the internet that discourage you by telling you that you need a 100 000 $ account and you should only trade huge trends, otherwise you will lose. This is one of the reasons why I was not successful with trading many years - waiting for those trends (that never happen...)
Now I grab some ticks and I make money
Am I a good seller? No. I am even not affilate. I am just happy to tell you that it works.
In fact you can learn from Perry here on the forum.
For me it is easier to learn with a group, with a trainer that has a positive attitude, to listen to another voice, to get updates often. And in fact there is much more than some moving averages or fractals.
My goal is to show you that they are an honest company, $ 1000 is not too much for all that training and lifetime support and I would like to stop the discussion whether they are "scams" because that really hurts me as I got so much out of it and they are so nice and friendly.
Happy trading to all of you!
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I only traded crude oil (CL) with shadowtraders countertrend system.
I do it since october 2011.
What did I do before? I trained on sim !!!!
I opened this account in april 2011.
If I could show you my sim results...
Trading real money with a small account...
I am nervous and hesitant. And I have those results!
See chrismas thin market results - I made some mistakes, did not follow rules.
And in january 2012 I was in India for 2 and a half week, no trading.
I am still a part time trader. Some days I do not trade.
The following 3 users say Thank You to trader2 for this post:
After looking at them, I don't think it's the same method for the most part. Although I would agree the colors and lines look similar if only in the fractals indicator part.
The shape of the equity curve you present is everything that a trader desires, especially when adjusted for the dormant period that you mention. But the net total result doesn't seem to compete to other pastimes. Perhaps I am missing something, but the magnitude of the equity is stumping me. You mention that you have a small account. I take this to mean under $10, ooo. Regardless, a 2% total profit on such a balance is $200 or for the five months trading that you did, $40 per month or $1.80 a day. If your balance was more substantial, just scale the numbers up. I don't see that in the context of trading/investing that such a profit is even relevant to operating a trading business, even with the most modest data fees, computers, assorted expenses, value of your time, etc. So, do I have something wrong in my thinking? I am not trying to be insulting and I will say that your other points regarding Shadowtraders and the suspicious similarity of Perry's trading system are well presented.
I opened this account with ampfutures and I funded it with 800 Euro , which is the margin for 1 contract of CL (crude oil). I do 1 to 3 ticks using one contract. Between april and october 2011 I only did simtrading, so in this period the equity curve is flat. In october I went live. From october to 8 december 2011 I did 80 trades, 76 winning trades and 4 losses. Profit 2157$ and loss 892$ .
But you have to substract commissions for 80 trades (4.78$ one roundturn). On 8th of december I learned how to include the commissions in Ninjatrader`s performance report. :-) sorry. So it is 400 $ less profit.
It is $ 865 of profit The losses are very big as I took a 30 tick stop usually. I tried it with 30 tick.
Then I learned how to put the commissions into Ninjatrader performance report.
9th to 31th december I did 25 trades, 21 winners, 4 losers.
$ 469.62 profit and $ 309.12 loss
First half of january was really hard. I had 2 ugly and stupid losses where I also did not follow my rules, and another loss.
$ 403,52 profit with 16 trades and $ 524,34 loss with 3 trades. I analyzed what I did wrong already...
I had a loss and I did a very bad revenge trade that also was a loss.
Another day I had a 30 tick loss and I scalped it back. But I did not realize that this does not work every time: Having a loss and trade it back like a wild animal... That day I was lucky, but the other day the same thing did not work.
Then I was in India until end of january.
From 1st of february until today (did not trade today, came home from work an hour ago) I did 47 winning trades and 1 loss. $ 782,94 profit and $ 104,78 loss. I am proud of that loss as I went out of the trade in a very disciplined way although it turned later and went in my direction.
Everything is with 1 contract, and I even tried to do more trades and only take 1 tick. 1 tick in CL is quite easy to make when you use fractals, pivots and other bounce points. My plan is to do that with more contracts when the account is big enough. Unfortunately I have to take money out of the account sometimes. But I want to do this style of trading at least with 2 contracts, and I try to improve every day.
WOW, what was that? Crude fell off a cliff! So you see the importance of an emergency stop...
I am still a part time trader and at the moment I have much to work.
I have rules. I do not trade when I am tired, just came home, never jump in the market when not in tune with market etc. . When I do not follow those rules I lose money. I want my account to grow slow and steady. I feel good with a high winning percentage, so I have to be a scalper. 1 tick with 5 contracts is 3 ticks with 1 contract. I am still trying to figure out how much ticks and how much stoploss is good. Barbara Cohen does 3 ticks and exit when trade does not go in her direction. I try to find out if 1 tick and more trading is better for me. I learn every day and every day we have another market.
I also do some work on my psyche, intuition, meditation, just bought onharmonics programme (light meditation) and I think it`s great.
I am tired, will sleep a bit now, do not want to trade this market with two 100 point moves each in 3 seconds. Tomorrow is rollover for all indices. I am happy that I will go to work tomorrow.
listening to the TopStep webinar - very interesting as well...
I really want to improve and get away from the discussion "who is scam" "who trades a real account"
Let us talk about our trades and not about sales. This is why I showed you my realtime account performance reports, and I consider that as very realistic. The question from above shows me that. Obviously people trade 0.01 lot and show nice equity curves. Let us get away from that.
After I slept I did some trading. I got 2 trades with 1 tick and one trade with 2 ticks. That was $ 25.06 . Anything wrong about that? Others took the "fall from a cliff" in CL and also did the reversal when it was clear that everything was a rumour, but with CFD`s and 0.01 lot, so they nicely saw the trend, but did that help? I did the same thing using futures and just scalpnig my daily concept. I do not care about "special effects".
I think that I am not clear about I wanted to explain..
You can see the trend and trading it with 0.01 lot.
You can scalp the same thing using futures and have the same amount of money on your account,but you did not trendtrade it with small position size, but take a small bite of that, but that bite you get every time. That is my concept. I want my meal every day, and I get it, but I do not get it by "traditional trends, moneymanagement, and so on.
By the way: That was not a place to play a breakout to the long side, that rumour today. They exactly knew what to do to scare everưbody and to convince them to play the long side. They just put everybody with their trading rules to put them above their daily pivot or so, an d then the big BANG.
I watched that market I came from work in just that moment. It went some kind of above price to convince everybody to one direction, lets say it broke daily pivot to the upside or so, and then it went down more than 100 ticks in 3 seconds.
It took everybody in for a long and then? (By the way fractals were to short not to go long although it broke daily pivot). The Big Boys scare everybody who follows a nice trading concept. This is why I have that huge stoploss that serves as an emergency case. Today, If I would have been a kind of a "confirmed trade by my rules" I would have been long above daily pivot, but instead of hat I decided to sleep and stay away from any trading, so those games today was someting that I watched... no trade.
Today it was about "sucking in everybody". A non confirmed romour. Sucking in everybody long at the top and vice versa. This is why I scalp.
Yeah, I couldn't trade where the reward to risk was way out of proportion to the negative. You would need to be really perfect in your executions to maintain the huge winning % needed to make up for a losing trade. I have been there. Too stressful to be perfect. But trader2 has his own style that he is comfortable with. Just not for me.
The following user says Thank You to BeachTrader for this post:
I understand more and more why people who really trade do not read or post in forums, because there is always somebody like tigertrader who tries to discourage you or even insults you.
Maybe it is a good advice from tigertrader to stop posting here. It is really insulting what you write, tiger, and BigMike should cancel your posting because of insult.
There are enough people who trade 200 $ accounts and 0.01 lot, and they use to read and post in forums.
It is the typical client for forums. Pro`s do not read forums.
I thought it was a good idea to show a piece of reality by showing my account size and performance report to encourage those who are discouraged by all that "you need at least 100 000 $" talking.
You can trade with small account and you can scalp and make money, but of course you have to know what you do.
People are working for 400 Euro a month or for 5 Euro an hour. That is also reality. Not everybody earns 3000 a month. Also the truth.
3 ticks a day might be 4 hours of hard work for another person. Ever thought about that? I did.
See all those equity curves on collective2 or so. Ever tried one of those services? REALITY, guys! Always watch reality.
If you have nothing to say but just insults maybe you should apply everything what you told me to do apply to yourself, Tiger. But as I am a little bit masochistic I look forward to your answer. There will be one, I am sure.
There are rules in real life and those rules are the same in forums: Only write what everybody wants to hear and read. Yes there is no smart money that traps people. Smart money is always nice to other traders. They don`t do things like traps. Yes you need at least $ 100 000 to trade. Don`t make 2000 $ starting with 800 Euro. It is a bad thing. Don`t do that. We all want to read about great traders with huge accounts programming their own indicators and being SO professional. That is every trader`s dream. Don`t read what I write. It is ridiculous garbage. But there are not many people here on BigMikes who ever showed performance reports. Scalpers have a bad reputation because of their risk/reward ratio, and I guess for this reason you will not tell the world that you are a scalper. But there are very successful scalpers around the world. I am just a beginner and practising, first on sim and then live account, still very careful. To be honest is not rewarded and I realize that. Nice to see that I have an enemy here on BigMike`s. Is this the goal of this forum?
Nobody knows who Tiger is. He might be in prison or living in a very poor country writing his posts from an internet cafe.
It is good advice to leave forums alone.
Or, and this is probably more the truth: He is a trader in a hedgefunds trading other peoples money and always holding positions that are a bit to big, so he is very nervous.
But my goal was to show the normal person, every breakeven trader or small lot trader, what another normal person (me) really does.
The forum is full of persons that seem to have very good trading and big accounts. But what is the truth?
The following 2 users say Thank You to trader2 for this post:
I decided to give tigertrader a Thanks to his nice posting as he really helps me to stay away from here in the future. Again the experience not to post in forums.
I've deleted Tiger's post, not because I disagree with him, but because it doesn't belong here.
Please stop posting in this thread. You've made it extremely clear how you feel about Shadow Traders, to the point where it seems you work for them and your goal is to keep bumping this thread to provide them exposure. Enough already. You need to move on.
This should be applied for every vendor thread here.
You never finished a thread where people were telling bad things about a vendor or "scam".
I will not post here any more, as I realize that nobody wants to hear positive things. But saying that a vendor is a "scam" is always welcome... so good bye.
Site Administrator Swing Trader Data Scientist & DevOps
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You are not understanding.
You have made 18 posts in this thread about how fantastic the service is. That is excessive in a thread that is meant to provide reviews. We don't need 18 reviews from the same user on the same service.
Likewise, if one user made 18 posts in the thread about how terrible the service is, I would say the same thing. We don't need 18 reviews from the same user on the same service.
"The shape of the equity curve you present is everything that a trader desires, especially when adjusted for the dormant period that you mention. But the net total result doesn't seem to compete to other pastimes. Perhaps I am missing something, but the magnitude of the equity is stumping me. You mention that you have a small account. I take this to mean under $10, ooo. Regardless, a 2% total profit on such a balance is $200 or for the five months trading that you did, $40 per month or $1.80 a day. If your balance was more substantial, just scale the numbers up. I don't see that in the context of trading/investing that such a profit is even relevant to operating a trading business, even with the most modest data fees, computers, assorted expenses, value of your time, etc. So, do I have something wrong in my thinking? I am not trying to be insulting and I will say that your other points regarding Shadowtraders and the suspicious similarity of Perry's trading system are well presented. "
You are so right, BigMike. I do not understand.
I replied to this post that I have copied and pasted above THAT MENTIONNED SHADOWTRADERS (that was not me) by showing my trading reports. This user wanted to know if I trade $ 1.80 a day. I made myself naked by showing what I do. I have to review it again, but I do not remember that from this post on the name of the company we are talking about was mentionned by me. But I will check that.
I admit that I was provoked by that user asking me if my equity curve is trading with a ten dollar account.
That was not nice.
For me this thread was already something that is in the past of my life. But I had to respond to that post.
I was talking in my posts from yesterday and today what I trade and what has become my trading style. I do the same thing as Perry does. I do not care any more if any company teaches exactly the same thing that I describe in my postings. I could also try to tell you that I invented that method by reading some books about moving averages and pivots, but this is not my style. Maybe it is even a good idea. Go to some europeen forums and teach Sh... methods telling everybody that I have developped a great trading style. On termintrader.com they are always looking for traders running even a chatroom...
If you want me to never post anything again on this forum I will never do that again.
But I thought the whole day about one thing: It is always allowed to write negative things, but if something really works, this is "advertising" , "giving a company a forum" and other bad things.
You cannot avoid giving companies a forum when you trade. In the webinar yesterday from TopStep several companies "got their forum". And how many signed up? What was that webinar good for - if this question is allowed... they talked a bit about market profile and in the same time I guess everybody "googeled" already "topstep". But it is your forum, I respect that, and you have every right - maybe topstep payed for doing the webinar. Just finish the campaign against me please. Again: I responded to the post from above. I would not have posted anything again here if that post would not have existed.
The whole Ninjatrader company has a huge forum here at BigMikes. It`s not avoidable.
I tried to help people, and I got some private messages - obviously I could help some people.
People want help with the decision if to buy or not to buy that programme we are talking about - this is why the thread exists. Where else could anybody give that help? But this cannot mean that I am not thankful and grateful towards those persons I got it from.
I really avoid that name from now on.
I never sent any person an affilate link from that company.
You make your nice forum much more attractive when you allow users to talk about good experiences with a company or a program, so that they are not forced to give it to people as their own ideas just because they have to avoid that name. Of course nobody should give a link of a website with an affilate link included. I agree completely.
Please tell me if I am not any more allowed to talk about what I trade.
Maybe it is a good idea to close this thread as people might feel invited to respond and ask further question or insult or provoque me by saying that I trade 50 cents a day, and then I HAVE TO RESPOND.Close out every discussion about this company we are talking about and happyness will be around.
yes, but you have to open a new thread title it 'my journal ' or something likes that then post all your trades as you wish. btw, American ideal of a successful trader is the one who makes money in points not in ticks but they don't know others can survive on much less so never mind them.
The following user says Thank You to cory for this post:
This is my last post here.
If you have more questions or comments please send me a private message,
as you can see. I am the "bad guy" here, because I give you clear answers.
Whatever question or insult might be posted here,
I will not respond and I will also not defend myself.
This means: Questions that might be of interest for others also -
I am sorry. These are the rules here.
Post your thoughts and charts; maybe you'll win us all over.
It certainly isn't appropriate to start a journal within a thread reserved for reviews, thus I see very little reason for you to pout about being told to show restraint.
Site Administrator Swing Trader Data Scientist & DevOps
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Please stop with the victim mentality and whining. Not everyone is out to get you. You are right, if you want to post things like that, then I don't want you here.
My mom always told me that if you don't have anything nice to say, then don't say anything at all. It is good advice.
My recommendation is that you've made it clear, over and over again, that you love this vendor. Now, move on to another of the 200,000 posts in the forum and talk about something other than this vendor.
Site Administrator Swing Trader Data Scientist & DevOps
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You can talk about Topstep in the appropriate thread, not here.
I have received a huge number of emails already from members who said it was a fantastic webinar, and I happen to agree. Did you even watch it before you reached your conclusion? I emailed the guys at Topstep multiple times and made it clear about our webinar policy, which is a strict no promotion policy. Sometimes the presenter ignores me, and advertises during the webinar. Guess what, they don't get invited back. That was not the case with Topstep, nor the vast majority of other webinars on futures.io (formerly BMT). How do I know? Because I've hosted every single one. Have you watched every single one, the entire way through? Or are you just making comments on something you have no clue about?
As I said at the very first 2 minutes of the webinar, if you can bother to watch it before making snide remarks, I reached out to Topstep on my own and asked them to do a webinar, because I felt they were in a unique position to give traders some tips on how to improve their trading.
The good news is, if you don't want to watch the webinar, you don't have to. But you certainly have no right to comment on it then. And if you don't want to be on the forum, or if you feel everyone is out to get you, then just leave. The rest of us here work extremely, extremely hard to keep things positive and helpful, and I really have no time to respond to posters like you.
Just wanted to throw my two cents in on this thread, I decided to look into trading futures so I could make extra money at home in the evenings, early morning, etc. and I did a lot of looking before I found ST and futures.io (formerly BMT). I also attended ST free webinars on tues. nights. After reading all the positives and negatives and not being able to find any substantial trash on Barbara Cohen, I plunked down my hard earned cash and joined ST last week. The main selling point for me was the fact this was a structured learning system, something that would save me an inordinate amount of time, as my time is so limited for wading through all the info on what is good info and what is bad info. If all I had to do is sit at home all day I would have gone the free, do it on my own, school of hardknocks route. But for me this seemed the best way for me. I will be thrilled to death to be able to start out with a 2500.00 acct. and pick up 2 trades of 3 ticks a night to start out, after of course hitting 85% or better on Sim. The information ST provides along with the lesson material has been outstanding, in my opinion' after starting last week. I hope you found this helpful. (In the interest of full disclosure I am in no way associated or compensated by ST or its owners, other than being a new student)
The following user says Thank You to wannabe1 for this post:
Thanx for posting wannabe1 ... I've been interested in ST for quite awhile for a lot of the same reasons you mention.
I wasn't sure if I would be at a disadvantage joining but not purchasing the 4 Day Intensive Seminar as it would be almost double the $ commitment. If you don't mind me asking about your opinion above in Bold, does this come with membership or does one need to also purchase the 4 Day Intensive Seminar? If you would prefer that I PM you any ?'s or not answer at all I would completely understand.
rdtw,
The course was 999. or 1699. w/4-day seminar. I went with the course at 999. At anytime I choose, I can pay 700 more and get the 4day seminar. Once you purchase the 4day seminar for the extra 700 you may reattend all the future 4day seminars you choose for that 1 time 700 payment. If you choose to pay 1699 upfront you will have access to lifetime course & seminars. (Well, at least as long as they remain in business, I suppose).
The course includes 3months trade/chatroom after which you can pay a 100.00 a month for that if you choose. I have not been able to take advantage of that as of yet due to my day job, but you could record it if you wanted to review it later. There are two classes on wen.-thurs. with Melanie Son who is a trader and the tues. night webinar which is geared more towards recruiting (selling course to new students). There is in my opinion a wealth of knowledge offered up in the form of downloads, videos, tests, and much useful technical education, which is also of course available here on futures.io (formerly BMT) for 50.00.
So, for me this was the way to go, just in the time saving dept. of figuring out what info is important and what info. is a waste of my time at this point. Once I get a basic futures trading education I feel I will be set to move on to more advanced info. Hope this helps you and is not too confusing.
The following user says Thank You to wannabe1 for this post:
@Lacie maybe this will help, a simple Google search will answer your 2nd ? If that is who you are talking about? ShadowTraders offering Emini,Futures Trading,Currency Trading
and to your first ?
a quick look at their site looks like maybe, they are using some of what can be found right here at futures.io (formerly BMT).
one result from using futures.io (formerly BMT) search box for "fractals"
e.g.
Fractals SR Lines
The following actions must be completed before importing this release, otherwise you may get import error:
1. Please remove any previous version and restart ninja trader.
2. Open any indicator for edit via Tools > Edit NinjaScript, …
The following user says Thank You to learning0101 for this post:
Risking 8 ticks to make 4 ticks is a tried and true vendor tactic that enables them to achieve a theoretical 80% or better win percentage. In the business it seems new traders need that 80% security blanket or they won't consider buying the trading system.
So if someone honest comes in and says: best case your gonna make 60% win percentage with our system, it's gonna be crickets chirping in an empty room when the laughing ends.
Anyways, if you want to have some real fun, ask for the record of their trades for the last two years. You know just to prove to yourself the system actually did win 80% of the time.
The following 2 users say Thank You to trendwaves for this post:
Looks like ShadowTraders have come out of hybernation. This is part of a message just received:
As you may have already heard, Shadowtraders technology has been sold to an International Forex Trading Brokerage, GetForexSignalsNow.
This has been in the works for a very long time. So many legal issues to overcome, converting Shadowtraders software to MT4, expanding the auto-trading quants, etc. At last Shadowtraders is ready to move on.
The support you received for all these years will continue under the website, GetForexSignalsNow. Your membership in Shadowtraders has been transferred to the new website.
Does anybody have any experience with this new set up already?
Do you have the compressed (zipped) folders with the indicators? If so, you could move them to your new laptop using a thumb drive and import them into your platform, assuming you are using the same version of the platform (e.g., NT7).
Otherwise, if you ever backed up your platform, you could try restoring a backup that was made during the time you used the Shadow Traders indicators (or even make a backup now). You would need to transfer the backup file to the new laptop using a thumb drive. On my PC, the backup files are located in the \Documents\NinjaTrader Backup folder.
If neither of these avenues is a viable option for you, you might try exporting the indicators from the platform on your old PC, moving the files to the new PC, and importing them.
Good Luck!
The following 2 users say Thank You to gringa for this post:
thanks for the above pointers - I was unsure if the Shadow Traders indicators need to be enabled for the particular machine - not sure but seem to remember there was a page on their website to send machine ID's for enabling and so am wondering if it would work on a new machine (one of my two machines is old and will need to be replaced down the line)
You are right about sending in machine IDs. Not sure what would happen on a new computer. Maybe the folks that took over could shed some light on your question. If you want to contact them, their email address is getsupport@getforexsignalsnow.com
Regards,
Jo
The following user says Thank You to gringa for this post:
The name Shadowtraders is very appropriate, for they crashed and burned several years ago. Yes, they have kept their website active, but they completely changed their way of doing business. They dumped the futures trading they originally taught, and changed over to quant trading forex. It was all very shady how they transitioned over. I can no longer access the original shadowtrader website that had all the futures trading training on it and the support is non-existent. All my email enquiries end in unprofessional attacks on my claims against them. They are without a doubt the shadiest outfit I have ever experienced, good luck if you have dealings with them! I spent 1600.00 on lifetime membership and when I mentioned this to them, they told me lifetime in Florida is only 6 years....This is truly who they are.....
The following 2 users say Thank You to wannabe1 for this post:
Really sorry to hear this! I may be one of a few people who used the system and it worked for me. I have a new computer and have not received a response from my emails......
I also have the indicators and some of them I like and use but have now problems with them. A message constantly comes up saying the indicators are no longer supported. Well, with Ninja 8 it is over anyway. My husband has to work to get me some of them for Ninja 8 but that has to be done from scratch since we are not privy to the language from Ninja. Still, many of the indicators were taken from existing ones and converted a bit. Just find those similar to what you want and start converting. Not a good solution but may be someone can help.
The following user says Thank You to GLinden for this post:
