A new tool: TzaraNet

Discussion in 'Systems and Methods' started by tzaranext, Jul 29, 2016.

  1. tzaranext

    tzaranext Rep for TzaraNext

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    If you do not understand how the tool works, this is not our fault. We did our best. It even works when crazy events take place, such as the Brexit, as you can see.

    [​IMG]
     
  2. tzaranext

    tzaranext Rep for TzaraNext

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    Impressive, isn't it? :)
     
  3. rod178

    rod178 Well-Known Member

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    Really! Oh golly gosh, only certain trades.

    Now let use follow that with a logical conclusion - for those 100% guaranteed trades, few as they may be, it would then be logical to place every dollar available with no stop loss.

    Put it another way, these trades would be devoid of any risk whatsoever !!
     
  4. Peterma

    Peterma Well-Known Member

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    OK, we have hit the 1.1050 - so far my white arrow is reigning supreme, the software I used is called "encephalon".

    I tried to patent it but apparently someone got there before me.

    Let's see how Mr Wally Tzara's invention plays out, maybe it's good, maybe it's just .......
     
  5. tzaranext

    tzaranext Rep for TzaraNext

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    We offered to provide charts and even predictions, no one was interested.

    People could have taken a free test trial for 2 weeks, but they did not bother trying.

    Please refrain from criticizing the tool if you have not tested it because one should not talk about something one does not know.

    The future will indeed tell if it is revolutionary or plain rubbish.

    In any case, thank you for giving us the opportunity to present to your community this new tool.
     
  6. rod178

    rod178 Well-Known Member

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    The criticism is directed towards the marketing rather than the 'tool'.

    Suspect that your pretty pictures and "100% no-risk trade" nonsense will suck in a few virgins, that's the way this industry operates.

    Hope that we have not hurt your feelings, although you do make my encephalon hurt
     
  7. the golden gun

    the golden gun RINSE & REPEAT

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    You can only exist because of the massive amounts of ignorance in the trading industry.

    We BOTH know you don't trade this SHIT with your own money cause you know it's as unreliable as a coin flip. You don't risk a fucking dime. You just hoping to collect a few bucks on the ignorance of others....

    YOU DON'T TRADE THIS SHIT DO YOU???


    Drink in that Truth you fucking marketer scum ;D
     
  8. tzaranext

    tzaranext Rep for TzaraNext

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    We certainly did not claim “100% no-risk trade”. It does not even mean anything since the quality of the predictions rely on the user himself. You did not read carefully; we were simply explaining that in some cases, the configuration, that is, the ensemble of the characteristic figures, are such that the prediction is crystal clear. We tried to present the tool, not to make any marketing pitch.

    To golden gun: Yes, we trade with this tool. We, on the contrary, think that this tool help people make reliable predictions. People are not stupid, they will judge themselves if the tool works or not. Thank you for your constructive criticism.
     
  9. rod178

    rod178 Well-Known Member

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    Yes you did ".... but certain trades are 100% guaranteed...."

    PS which country are you based in?
     
  10. the golden gun

    the golden gun RINSE & REPEAT

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    Prove it.

    Let's see some 3rd party results then... >:D
     
  11. jack

    jack Administrator Staff Member

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    Two reasons why I didn't act on the users who reported this thread for spam:

    1) tzaranext approached me before posting this asking if they could announce the product, so I explained the rules of being marked a vendor here (single link, single thread, no promotional material, just answer questions and join the community discussion.) Good on them for reaching out instead of just carpet bombing links to their site like 99% of other commercial ventures.

    2) The skeptical nature of traders speaks for itself. This isn't a forum full of fresh naive n00bs waiting to be bilked of their cash. Not saying tzaranext's application is junk or anything, but people are pushing for proof and for tzaranext to show they trade it on their own (putting their skin in the game.)

    If anything, this should be very constructive for [member=2624]tzaranext[/member], as they might be able to change their approach with this feedback.. many other online venues would have just shut them out, or asked they pay some sort of sponsorship / ad fee and create a conflict of interest with their presence on the forum.

    So.... tzaranext, can you please provide a myfxbook or fxblue link to an account that's trading solely on your application's methods?

    Or could you at least provide some empirical evidence of your strategy being sound? Visual examples (cherry picked) doesn't work here, as it plays too much to the natural way humans have hindsight bias or go through pattern recognition of only when it works. Have you ever automated a backtest based on your application's signals?
     
  12. tzaranext

    tzaranext Rep for TzaraNext

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    To Jack:

    Your post was the only interesting one in the thread. All the members did were to insult us, which is not very constructive. They could have at least taken the time to test the software, since it is free. As you saw, we did not push the software, we just told people to look at it, thinking that this tool could be of interest to them. Our approach is not at all marketing oriented. We want people to judge the tool for what it is.

    As for providing proof that it works through P&L, we could, but this is not the idea because it is still users in the end will have to analyze the charts and make trades. TzaraNext is not a trading method. Once people get to understand how the characteristic figures work, the trading method is obvious to any experienced trader. Note that we offered to post charts and make predictions, but no one asked for any.

    If you look at the charts we posted, they were not cherry picked. We posted the lastest EURUSD, HKDJPY, and the effect of the Brexit on the EURGBP, not some cherry-picked obscure pairs. Again, we offered to post any chart. If you take the time to test the software, you will see that it works for all the instruments at any time and for any resolution. This not a claim, it is a fact, just try the software. If you do not have time to test it yourself, just ask people you know to test it. There is no risk trying, it is free. We are not asking for anything else except that people try the software.

    It is not possible to automate this tool and talk about signals. This tool does not work like that. The price is driven by characteristic figures. You have to understand that no one has ever imaged that the price could be driven. Understand that other indicators or tools are driven by the price (this is why we call them “lagging indicators”), here it is the opposite. There are no signals. It is up to the user to predict what the price will do. Then, he can decide how he wants to do his trade, using stops or not, etc.

    Of course, if people do not bother trying the software, there is no point discussing the tool.
     
  13. Peterma

    Peterma Well-Known Member

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    Perhaps we were a little unfair on Tzara, but then again perhaps he could have been a little more open.

    It's great saying just sign up, it's free, it will cost but I wont tell you the cost until you sign up, but you can sign out if you don't like it.

    My best guess is that the author of the software is a Mr Wally Tzara, likely from France. He possibly wrote the software back at the beginning of this century, took a while and brought it to a form of completion in 2005.

    My next best guess is that the programme was the result of programming not initially thought of for the financial industry, rather maybe for the field of computers.

    For this reason I probed about past testing/use of the software in the market, my guess is that it has been in existence long enough to have proven itself to someone.

    Now these are all only my guesses, if I'm right then there is potential, if I'm wrong then it's just nice charts.
     
  14. jack

    jack Administrator Staff Member

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    Not for nothing but you're gonna face a lot more than just the lite jabs you see here elsewhere online about your product. There's a learning opportunity here and if you can't see it or just want to downplay people's actions to "insults" then the opportunity is lost.

    You're entering a market where 98% of the tools aimed at retail traders (indicators, etc..) are horseshit and most are peddled by fly-by-night shops. You would do very well to cater to the skeptical traders out there and be as transparent as possible.

    """You will see that it works for all the instruments"""

    See, this is what sets off the red flags with others. Quantify "works". "Works" suggests it's profitable. Otherwise the only thing I see 'working' is that it makes pretty images.

    How does one "test" it? By what measure but profit? By what measure but accuracy? Of what good is the indicator if it only looks like it "works" in hindsight? If it works on the hard right edge of the screen, then how? Show us. That's what people are interested in.

    Generalizations don't go over well. People want something they can chew on.

    Regarding the 'not possible to automate' thing: That's not quite true though. Your tool generates these bands via code.. you could, or your developers could, create some sort of threshold of line proximity to generate a signal... then measure the outcome... maybe measure the likelihood of price moving away from clusters of lines, thus proving alpha can be found around these prices. For example: Even if you only prove that price trading into a cluster (of a defined thickness) on your chart has a 52.5% likelihood of bouncing off without breaking through (as opposed to a purely random 50/50 chance,) then that gives us something to work with in terms of hard evidence that your tool is useful.

    I'm not saying you have to do it for this specific request, but I don't think it's fair to say something based on numbers generated by a computer can't be automated or measured in a way that takes the human element out of the picture.

    Telling us to just look at pictures alone creates the chance we'll be tricked by hindsight bias, confirmation bias, pattern recognition issues, and other very human faults that plague manual back-testing efforts. It would simply fool the same type of people who might be easily tricked thinking they can look at RSI or another arbitrary indicator and make predictions. . . or heck, maybe someone who'd otherwise not fall for traditional indicator soup, might still get caught up in the novelty of your tool and let human biases cloud their judgement.

    So yeah. Work with us here. You want your tool to take off in popularity, and as practical people, we traders want something tangible or else we'll just call it bullshit in a nice package.

    Take that as you will. I'm just telling you my perspective.
     
  15. rod178

    rod178 Well-Known Member

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    I never insulted you, although you possibly regard my (extreme) skepticism on what you write as insulting, consequently I have no desire to drink your Kool Aid.

    Bottom line is that I strongly suspect that your pretty picture 'tool' has been designed to exploit the naive new trader. One example that stands out to me is your statement '..The price is driven by characteristic figures.." Total nonsense, you have that the wrong way around. Also, you never properly addressed my comments on your statement that "..some Trades are 100% guaranteed.."

    Your pretty pictures mean nothing, a two week free trial (what about my time!) means nothing, even if the 'tool' seemed to work over that short period, fifty percent probably will.

    In addition to Jack's comments I suggest that you open a live Darwin FX account. If the DFX account makes money with the 'tool' you would create a large subscription base in a short period of time, basically no initial capital required, assumption being that you can afford to invest a few hundred dollars in your 'tool'.
     
  16. rod178

    rod178 Well-Known Member

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  17. tzaranext

    tzaranext Rep for TzaraNext

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    We understand your position. We will address your questions later. But right now, here are some real-time charts with some predictions, done by Mr. Tzara himself. He was busy, so he did not have time to do a more thorough analysis (commenting all the resolutions and more TNs). This is like a 30-second analysis, but in principle, you will be able to see how it works. Questions are welcome. And more to come later, if people are curious.

    [​IMG]

    [​IMG]
     
  18. tzaranext

    tzaranext Rep for TzaraNext

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    We will not necessarily post this disclaimer every time. However, this disclaimer applies to any post that TzaraNext made or will make.

    Disclaimer: Any charts or comments (“Content”) we make here are for informational purposes only and do not constitute investment advice or solicitation, endorsement or recommendation of any securities by us. Content provided is not personal investment advice. Seek guidance from a professional investment adviser before trading or investing.
     
  19. shopster

    shopster Well-Known Member

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    " You have to understand that no one has ever imaged that the price could be driven. "

    get your head out of your ass.

    s
     

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  20. shopster

    shopster Well-Known Member

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    et al.

    s
     

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