Trade Vantage – Scam or Not?

Thanks Nick for the notice, you’re right.

Hi Nick,

I, too, saw this and decided ‘NO WAY’ for 2 reasons. The second reason was the ridiculous price. The main reason was that even if (or perhaps especially if) it worked as they claim, it will not help me to learn to be a good trader. So, NO WAY.

cassie stubs has been sending me emails on how great this is
Anything casey stubbs promotes or sell is a waste of time
Not sure how he gets away with it

Awesome! Name and shame!

You are the MAN!! Very Good!!

No no for me – I want to learn a skill! Nick, thanks for sharing.

very well describeb
T You

I runned the demo version of trade vantage on a demo account for 3 days, taking every single trade suggested. It ended – 320 pips.
After that the demo version expired and I had to buy the software if I wished to continue.  Of course I did not; 3 days is too short to really know what this software is worth, but a few thousand bucks is too high a price to buy it blindly.

It was my third time I received a software offer from Dustin Pass; it always went with a demo version for a few days, then you had to buy for a few thousands buck if you wish to continue. The offer is always very professional when it comes to marketing and commercial aspects: it always has a discounted price, the time and quantity is limited and you have to hurry if you do not want to miss it, and so on.

I do not recommend anything in that matter. All I can say is I did not buy.

Thank you Nick for this post.

Well done Nick I too have been sent a copy to try out but I did not bite,there is so much of this stuff around I find it truly annoying. If it is so good why don’t they use it and become mega rich.

Tremendous Nick. Haha there you see fooled again. I got that vantage email from a guy in this industri, wich have a good name but i start loosing faith in him. 

Hi everyone.
I’m the author of TradeVantage system, who created it from scratch, and i can tell you that it’s not the combination of simple MAVEs for sure.

I have spent years on developing this software, trying to build the easiest to use neural network implementation for stocks, options and forex markets forecasting. That might look confusing a bit, as it doesnt have all this deep math stuff, but you’re looking at the basic simplified version that has been created for those traders who do not want to get into all this artificial intelligence stuff.
There’s the PRO version also available, with tons of additional parameters to model the neural network as you wish, and to fine-tune it to get the highest results in accuracy and profitability. But i dont think there’s the reason to show it on introductory video, even though the video tutorial for this PRO is also available.

First, let me compare those 2 charts that you shown. It doesnt look like exactly the same system which fires out the signal when one MAVE crosses another. It seems to be similar, as all other trend indicators that are plotted on historical period, and of course they will show you current trend, as they should. The only problem i see there is that not every cross generate the signal in your explanation, or there’s the signal without any cross, and, which is more important, those crosses and signals you have from MAVEs, they are not in right places, being 1-2 bars behind of TradeVantage entry point. Someone can say that it’s not significant, but in such a volatile market as Forex, it’s more than important to get into the trade as soon as possible and get out of it with maximizing profit, without waiting for tons of other trends indicators showing you that there was the trend change ‘recently’. That might cost a lot.

Historical bars on your chart is also different, with different op-hi-lo-cl values for candles.

Back to TradeVantage model. It’s flexible, non-predefined model. It’s created for every specific pair, for every specific historical period, for every specific timeframe with its own internal parameters, structures, and data. As you may know, there’re 2 timezones available to trade in it-US timezone and European. So the models will be different for them, with maximization of profit and accuracy on each specific one.

You can create the model for EURJPY covering 10 years of historical data, using huge neural network with saying 200 layers of neurons, 500 neurons in each. You can learn it to maximize the result (even though it might take several hours to get it done). And then, when that model will be able to determine specific patterns on data that is used as input (that can be up to 320 inputs), with stable results on all 10 years of historical period, then you can compare that model with 2 simple maves crossing system. I can assure you, the picture is going to be far away from what you’re trying to explain.

Below is my short explanation of internal structure, that i usually send to the users who is willing to know more and understand its principles better:

===========================================

TradeVantage has very complex pre- and post-processing module, which includes filtering, gaps removing, normalizing, building custom private indicators, and so on.

So, we do not use raw historical data for training, or simple maves cross system once again.
Raw data is pre- and post-processed, normalized, filtered, noise is removed, and
transformed to data set which is useable for NN. Also, there’s secondary data is produced, including zigzags and maves, oscillators, waves, and other custom private indicators.
Data transformations is very complex actually. We get about 160 data sets for training,
from only 5 historical data series (Open, High, Low, Close, Volume).
For different models’ parameters, the set of inputs differs. So, for one model there will be 40 inputs only, and for other-220.

All this is hidden from the user, to make the program easier to use.
And the model’s structure is fixed. We have spent several years for optimizing it, and to create forecasting core which produces good results for most of the models without getting the users into NN theory and math analysis deeply.

For example, model type 3 has 106 inputs, 3 hidden layers with neurons, and 2 outputs that are used to receive the signal from neural network.
Those inputs include prices and oscillators deltas and alphas, their derivatives, series of different waves, pre-defined and self-defined price patterns, and all this with different timeframes, periods and shifts.
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I would not confuse you guys with detailed description of every single parameter available in Advanced Mode. Simple mode works well so far, and i’m sure you’ll find it easy to use without lacking in accuracy.
But to those of you who likes research work, like me-this mode is still available, to fine-tune your FX model to get the most from it.

Marketing team told me that i should not answer those doubts and criticism. But it’s a little bit personal for me, because it’s upsetting for me to find such a posts about the software i’ve been working on for 10 years. And moreover, it’s gonna be distressing to see it without my comment for hundeds of current happy users that use this system for their stock trading for years… Profitable, accurate trading like they all say to me.

Thanks guys,
and happy trading!

Thanks Nick, love your work!
Cheers Garry

Hi Nick, just finished watching your TradeVantage youtube video.  The repainting on Dustin’s chart is alarming to say the least, But I’d like to ask you about your observation that the software is less profitable as of the the release date of 4-8-2012.  What I noticed in the charts is it seems that you are basing your conclusions on a very small sample of trading days.  Obviously there’s a larger sample of trading days to see if this software possibly made a profit or not.  I also noticed in the trades prior to the release date that there were many trades that were open for many many days before being closed.  Don’t know if this software is crap or not, what I do know is it carries a hefty price tag. I could be wrong but I don’t think you’ve giving the software time to work (that’s if it work).  And as we all know you can’t win every trade.

Wishing all very good trading!!!