eTrends black box trading system

[OnlineInvests]

********** Note to kingmod **********

Hi kingmod, a few weeks ago, a member on this forum has created a new thread asking information about this system, but because another member has posted a message for swapping ebooks, you locked this thread. So, i decided to open a new thread about this system. Please keep this one open. If someone post a message for swapping ebook, please delete his message. Thank you !

********** End of note **********

[sjalmond]

I've got it, and I've logged about 20 hours on it. It's a reasonable interface to Betfair, includes an optional automated & customisable trailing stop-loss, an optional automatic 'price target', 'quick select' stakes, graphs with quick and slow moving averages and a volume chart. The signal is customisable and produces plenty of signals - it seems to be based on the two averages and retesting the latest resistance level, plus other stuff. I'm certainly no expert.

What this isn't is a system. It's a nice enough interface - and reasonably well featured. There's no money management - other than saying you should have some, and that you can't place big stakes in thin markets - and no exit strategy. There's some discussion of exits on crossing averages, stop-loss, or target, but there's no clear recommendation and the statistics are off a backtesting model and are somewhat flawed.

I've logged one profitable day, and four unprofitable. I've seen some big moves - but almost always from the outside. There's probably a knack to using eTrends for consistent profits, but I've not found it yet (though I'll keep looking for a little while longer!). When I've answered those questions, I'll have a working system; until then, this gets eight out of ten for effort and two out of ten for price. eTrends, if you're reading this, please finish the system or price this as a Betfair interface.

[sjalmond]

Please delete

[lampodiiluce]

i sell the software for 600euro!

[OnlineInvests]

Thank you for your review. SO what you're saying is that the results show on their site is somewhat flawed and that in no way you can copy these results using this software?


I've got it, and I've logged about 20 hours on it. It's a reasonable interface to Betfair, includes an optional automated & customisable trailing stop-loss, an optional automatic 'price target', 'quick select' stakes, graphs with quick and slow moving averages and a volume chart. The signal is customisable and produces plenty of signals - it seems to be based on the two averages and retesting the latest resistance level, plus other stuff. I'm certainly no expert.

What this isn't is a system. It's a nice enough interface - and reasonably well featured. There's no money management - other than saying you should have some, and that you can't place big stakes in thin markets - and no exit strategy. There's some discussion of exits on crossing averages, stop-loss, or target, but there's no clear recommendation and the statistics are off a backtesting model and are somewhat flawed.

I've logged one profitable day, and four unprofitable. I've seen some big moves - but almost always from the outside. There's probably a knack to using eTrends for consistent profits, but I've not found it yet (though I'll keep looking for a little while longer!). When I've answered those questions, I'll have a working system; until then, this gets eight out of ten for effort and two out of ten for price. eTrends, if you're reading this, please finish the system or price this as a Betfair interface.

[sjalmond]

I guess what I'm saying is that the system as printed (it's an inch thick!) doesn't generate the returns they quote in their advertising. I expect they use their own software, I even believe they use their own 'black box' entry signal, and that they make as much money as they say - but with what sensitivity settings and with what exit options, and with what stakes, I couldn't tell you. Judging from the 'training' videos on the same CD, every trade uses different settings, but when to use what settings isn't explained in the course.

[OnlineInvests]

NICC, if you want to promote your ebooks, start a new thread. I dont want this thread to be closed.

KingMod, can you delete the posts from NICC please. Thanks!

[lubo]

There are some bots out there which are just as good but nowhere near the price of this.

[OnlineInvests]

There are some bots out there which are just as good but nowhere near the price of this.

Ok and which bot you are talking about? You can PM me.

[topbombing]

xpokerbot is very good if you only want to do XGames poker.

[spurs11]

hi sjalmond i have purchased the etrends black box system but i cant seem to be able to get on with it how are you doing at the moment.

[sjalmond]

Things didn't get any clearer, and I eventually sent the 'system' back for a refund. My last impression is similar to my first post - nice interface, but not worth the price and definitely not a system.

[berock200]

it was being sold for a couple of grand or something originally, wasn't it? Now it's down to £100 or so. This surely indicates something