Sneed
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Posts posted by Sneed
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I guess I should thank Mr. Omukwe (Progressapama) for closing my account on me when he moved the company. At least I got a refund when there was still some money available. I guess CFTC, must have received a complaint from a customer in order for them to act so aggressively and to uncover so much corruption. But, I still wish that CFTC would leave us "experienced" traders alone, and allow us to hedge (at our own risk), and also get rid of that FIFO rule. They should just do what they do best, which is investigate corruption, as they did here. #:-S
Result of the investigation by CFTC: Jadefx is a scam and Jadefx did not segregate clients' money from Jadefx's own bank account. Jadefx also did not trade all clients' money in forex market but use it for it's own purpose.http://www.cftc.gov/PressRoom/PressReleases/pr5997-11.html
"Defendants allegedly made explicit but false guarantees on the JadeFx website including that (1) all customer funds are traded in forex, (2) customer funds are completely segregated from JadeFX’s operating accounts and (3) customer funds were protected from bankruptcy.
Instead of segregating customer money into separate accounts, Omukwe allegedly pooled all customer funds together into bank accounts that he exclusively controlled. From these bank accounts, only a portion of customer money was traded in forex. Omukwe allegedly misappropriated the remaining funds to pay for personal and business expenses, including the operational costs of JadeFX and Jade."
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No person, in any country has succeeded in educating this EA, as far as I know. Unless you have heard something that I haven't. :)
HelloThis is kangarooea v5.9
Please educate
hxxp://www.multiupload.c0m/8MTCV6A4F5
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It is said that "Silence is Golden", but not necessarily in this case. It would be nice for an update. :hammer:
Hello Steadywinner,I don't blame you nor am I upset, but It would be nice if you would contact those of us that purchased your Ea and at least give us an update on whether you are updating the EA or if you just gave up. I have had bad luck with both V3 and 4.22, maybe you can let us know if you have any updates coming soon. I wish you the best and hope you figure out what might be the problem so maybe we can recover some of our loses.
Regards
EZBusiness
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Sorry, I had to do the same thing. Little gains, but big loses.
I have also got the original Steady Winner! i removed it as from yesterday as it always takes the wrong direction then retraces back for a small loss. Yesterday got stopped out so that was the final straw. I trade much better manually knowing fundamentals such as the stock market jitters pivots etc. These EA's are mostly rubbish. If i had an EA making me money i wouldnt sell it no way! Best of Luck -
I never understood the whole CTFC regulators issue on how they can control a non-US company anyway. There are many overseas brokers who continue to service USA accounts, and more importantly offer hedging. These same brokerages have attorneys who insist that the no-hedging rules only apply to US based brokerages, and therefore have "no jurisdiction" on foreign brokers. Yet other brokers like Go Markets, and more recently Instaforex have closed their USA accounts, just to be on the safe side. These CTFC people don't seem to understand that one robot can be short in the long term, and another robot long in the short term, for the same currency pair, yet it is not truly hedging. That's what a "head-fake" is all about, where a currency pair goes against the trend before returning back to the trend. In such a case, the long and short positions, for the same currency pair end up with a profit. But, CTFC needs to protect us from making our own decisions with our own money, no matter how many years (over 20) we have been trading. Welcome to "big brother". X-(
Yes, I did tried to call them on the phone a few times but no one answered. That's why I was frustrated and worried. Now that they replied, I will wait and see what happens. -
Their license may be overseas, but their management is located in USA.
Domain name: jadefx.com
Administrative Contact: Dean Murray
UK2 Group
Technical Support ([email protected])
+1.4357553433
Fax:
164 N Gateway Drive
Providence, UT 84332
US
:?:
You can probably get a cell phone number with further investigation. I notice that their Forum seems to have only old posts also.....:-??
Jadefx is a scam!!!!! Price feed froze for last 11 hrs and no news, no response, no explanation, nothing heard from them!!!! Most probably they have run away with their clients money!!!! -
Yes. That makes sense, and that's what I did. I'm just not getting that many trades. They should have given Turbo a different name since it uses a totally different system than the basic EA. As I said earlier, this works almost exactly like Trident, but Trident took much longer to set up manually and was more limited. This package is more automated.
The reason I was confused on the other issue of whether or not it needed to run on 2 platforms was because of one of the statements in the "Turbo Instructions". It reads as follows: "Step 3: Once you have both your metatrader accounts set up on your computer close it down and navigate to the start button bottom left (as below)".
It says "both" MetaTrader accounts, which is the same idea behind the basic "pushbuttonpips". So, maybe they didn't proof read their instructions, but it confused me....:-/
I have it running on only one broker account - FXPro. It doesn't come with a DLL, and it needs the indicator 'CCFp.ex4'. Thats all I have and it is running quite happily. From what I understand, it will trade any currency pairs that are in your market watch window so if there are any you don't want to trade, just right click on it in Market Watch and select 'Hide'.I just put it onto a ThinkForex Demo as well and it is running fine there as well.
Cheers
Andy
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I have been trying to get it to work with mixed results. It is not clear from their manual:
1. If it needs the "basic pushbottonpips" to be installed, which has the dll files, in order to work. Since this is supposedly an upgrade.
2. If it doesn't then it should be given a different name than the arbitrage version.
3. If it also needs to be connected to 2 brokers, as does the the "basic pushbuttonpips".
Currently, I do have it working, by itself, but it only seems to be doing only 2 or 3 trades day. And some of the losing trades are greater than the gains. But, the advertisement made it look like it does maybe 20 trades a day. So, that is why I think maybe I have it installed incorrectly. It reminds me a lot of the Trident EA, that came out a few years ago. :-?
Hi allIs anyone having any success with Pushbuttonpips Turbo? It seems to be very different from the other two Arbitrage EA's. It uses the indicator CCFp, which seems to be some kind of Currency 'Strength' indicator, but it trades on all pairs that are listed in your Market Watch window just with one EA. I am using FX Pro Demo account and honestly, so far, I'm sitting back and watching the Pips Roll in......
Cheers
Andy
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According to their help file that came with the EA:
Problem: I’m getting an error error 126 cannot load library pushbuttonpips.dll
Solution: The Microsoft visual studio package needs installing. You can download a copy here
http://download.microsoft.com/download/d/c/3/dc3439e7-5533-4f4c-9ba0-8577685b6e7e/vcsetup.exe
Simply run the install package when prompted.
its strangei already put the DLL on expert/libraries
and allow DLL
but
2011.02.20 14:27:38 2010.01.15 00:00 pushbuttonpipsxtreme EURUSD,H1: cannot load library 'pushbuttonpips.dll' (error 126)
anyone have this issue?
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Yes, and licensed copies are getting updates on a regular basis. :)
Unlike some other EA's where the seller leaves town after you buy the product, and then offer no support afterwards, and no updates.
Some other EA's like MRN bot are charging a monthly fee for updates, but then never send the update. The same is true for CashBot and Stealth Forex Signals Pro, no updates, but they charge monthly.....:(
must be hard to get it properly educated. -
Warning people about an EA that may get your account banned by your broker is a "good" thing. If people are not warned, they may be tempted to risk losing their trading account by trying it. [When I did a search on the westernpips thread being removed, the logic seemed to be that if we warn people about a dangerous EA, people may be tempted to buy it and get banned by their broker. I'm not sure I understand that logic. My philosophy is "Forewarned is forearmed"]. :-/
To be consequent the mod should remove this thread for the same reasons as the original westernpips thread.... -
Yes. I was a little bothered when they said that they have "proof" of making $1M on a live account in just a few months. Then later you find out that their login "proof" is a DEMO account. Also, like Dominic, they give no information on which brokers work best. You are "on your own" to try to get the EA to work, IF, you can find a good combination of brokers to use. :(
yep I thought so.... arbitrage trading same thing with dominic's genius.....work only in the dream world :-) -
:P He is referring to a "different" thread he is in. He has no comments in this thread in reference to his question. He is looking for an educated version of http://www.fileserve.com/file/sXXpKH5.
Well, Lie back, relax, and tell us all, What was your relationship to the Mother or Father?Well, well, I don't see at all ...... X_X
Please, what are you waiting for, exactly? :-O :-/
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OK. They finally sent updates after several days of crashes, software is now working, but no trades yet. We will see how it goes from here.
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Sorry Piphore,
I was so frustrated with the EA, that I did not read your post close enough. Yes, I received their trading system downloads, but, I never got a chance to open them up because I have been up past midnight, every night, trying to get the EA to work. I did not even know that the free indicators were DLL protected. I haven't used a protected indicator in quite awhile, so I had wrongly assumed that you were referring to the EA.
LeoTrader had the same problems I am experiencing now. As an example, they invest in a server that can handle 500 customers, then they sell the EA to 3,000 customers, then wonder why their server keeps crashing. X_X
I believe your thread is OK here, now that it is understood that they are using protected indicators, even though they were supposedly "free" bonus indicators.
I'm not talking about their trade copier software, but their trading systems (blade system and infinity indicator) -- I guess they are given as extra bonus. These are for manual trading system plus indicators, but the indicator also have DLL protection. Please go check it out yourself...or maybe I should open new thread so people aren't confusing..
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The trades come from their server. This EA is just a shell to receive signals. So, I don't know how it can be educated unless you can get a license key. And the license key can only run on "one" instance or account. And even people who have a license key have not gotten it to trade yet, for 2 days. Their support claims that their server is overloaded. But, even if that's true, it doesn't explain why this EA is crashing a lot of platforms. After loading the EA, it tells you that you need an update. And when you select "update" it crashes the platform. It doesn't make sense. I am open to hearing from anyone who has gotten this EA to even work, or why it is rejecting the passwords issued by clickbank? :-/
here is member areahxxp://copypastepips.com/download48363.html
inside 2 trading systems but with protected DLL, please educate...
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I'm hoping that the extra currency pairs, that it will trade, will increase the monthly yield, without having to increase the account size too much. :)
if you had a small account under $1000 this EA would not be worth it. -
Yes. Real nice. It's times like this I wish I wasn't trading just micro-lots. But, as the account builds, the lots will increase anyway.
Have you heard any rumors yet how they may handle requests for additional licenses in case we want to trade on more than just 1 broker? Like maybe a licence that allows platforms on only 1 computer or VPS, but, no longer restricting it to just 1 trading account? Or, maybe a license that allows up to 3 brokerages, similar to LeoTrader, etc.? :-/
Nice start here for Kangaroo....had two trades, and two full TPs hit. -
Their whole sales presentation is so confusing. They promote it as some sort of trade copier, where their master trader will send you his live signals. Therefore, the monthly fee. Then, when you receive the package, there is no password or receipt code needed. Just a black box which runs on your desktop (it does not connect directly with any of your MT4 brokers). You have to provide the data files, and store them on your desktop. Then the black box either finds a trade or it doesn't. If there is no trade available, then you have to download the same files again (refresh/update), if you want to check later on for a trade. It does not dynamically link itself to your live data feed (and not to their "master trader's computer" either). So, you have to "reset" your data constantly for new trades. I'm not saying the system doesn't work, but it is nothing like their description "Trade side by side with the master". Why pay the monthly fee? They provide no explanation for this, even after writing to them about it. @-) The technology of this software runs like software 30 years ago, when there was no live feed available (except for expensive subscriptions). The type of software you might run on an old, old, MS-DOS computer..... Unless I am missing something, and they plan on making some sort of announcement that they are sending people the wrong package (which I doubt). :-?
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Yes. That is what is frustrating. Every time she sells me a "new" EA, she always says, "This is the EA I actually use on my OWN trading account". So, that is why I usually buy them. I guess as a sales technique, it works on some people. :P
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She will probably have the automated version in a few months. Rather than do an instant upsell, she will release a system for a price. Then wait awhile, then offer the Robot, then charge all over again. Which is no problem, except for the fact that I cannot seem to get "any" of her systems to work well for more than just a month or two.
But, she does tend to do well when it comes to responding to support questions. So, I have found her intentions to be good, but many of her products don't seem to survive the test of time, and they end up lowering my account levels. They don't necessarily crash your account "immediately", it is more of a "slow death" to your account balance.
But, on a positive note, let's hope this latest system is "different" and does well. I wish her well in her attempts to "get it right". ;))
I agree that one needs to stay close to the screen if you really like to catch the signal. THAT is why I am interested to find out where I can change the sound file, so I can make it one that blows the roof of the place here, lol.Then, of course, if it could get automated, it would even be better.
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Yes, I read that also. I went to the more aggressive settings on the 12th of December. It still continued to trade, but not more often than on the conservative settings. So, that is why I'm thinking that modifying the news filter may not make it trade more often. Or, maybe it "will" trade more often with aggressive settings (or using a 2 dimensional array), but just 1 or 2 times a month more often. And since the 6th of January is at the end of the trading week, I guess real trading with Kangaroo will not resume until January 10th.
The manual states that Kangaroo will not take trades from Dec 20 until Jan 6. -
I was thinking that also, so I increased the risk factor to maximum, which should have increased the trades by decreasing the window of the news filter. But, the trading did not seem to increase. According to Birt, the risk set files would not only increase lot size but also close (or narrow) the window by which the news filter operates. Or maybe it is just the Holiday trading traffic which is slowing down everything... :-?
I wonder if the news filter is the bottleneck. It certainly was in the previous version, which is why I wrote a more efficient version of the filter that uses a 2 dimensional array to store the history. -
I believe that they are working on the licensing issue. I received an update that they plan on some surprise announcements that will be received with open arms by their current membership. But, as you say, it will probably be after the Holidays.
[REQ] Pro Trade Copycat
in Trading Systems & Strategies Request
Posted
Yes. It's really annoying. With all the upsells, and their robot (trade copier), they make it seem like it does 10 trades a day. When in reality, they do maybe 6 trades a month. With their robot, they claim that it combines 10 different systems beyond the manual signals. But, I don't see that happening. There was one trade this week, and it was a big loser, as already mentioned, and it seemed to be the same signal as the manual system (no extra systems). And their other upsell robot "trade swiper", the same thing, it seems to be dead in the water. No trades even though there have been plenty of swings to snatch at least a few pips. :-/