fxknight

Hello,

I am sharing the Forex Skyline that I got from another forum which has a decent forward test. It apparently trades the USDJPY M15 and the forward test is here:

http://www.mt4i.com/users/atala/stats

 

Not an inflated return EA but nice and steady. I figured it would a welcomed change especially after so much Primeval and ZeusFX commotion lately (both useless than thrash IMHO).

 

Download: http://www.multiupload.com/E4IQV935BI

 

It is put out by the same developer of Reservoir Pips. Includes English manual and indicator. Please share your results/thoughts with us after you take it for a spin.

 

Cheers

This EA lives on ISEA Avenue. With TP of 2 pips only it can be traded at the imaginary real broker of your choice ;)

 

Cheers

Before going any further please read the following thread. This EA is not well received by traders and for good reason. Don't fall for this SCAM! If it was that good they would continue to trade it for themselves. It is always worth to play with it and see what the backtests look like. Forward tests as you can see in this thread are shady. http://www.forexpeacearmy.com/forex-forum/forex-signals-services/9475-profitablefx-com.html

I apologize for missing to include the bonuses in the share. To me the bonuses are more worthy than the EA as you will see. The Bollinger and the Doji ones are very very good.

 

http://www.multiupload.com/CDSQWW0DCB

 

Cheers

This EA is a total waste of time due to its poor stats. I wish threads like these would not exist to begin with.. it would save the community time and allow everybody to focus on other useful threads.

 

Cheers

First I think these crooks are running out of names to name their EAs since just about every name that could be used already has.. Secondly, if you look closely at the video when she shows the backtest report, you will see only trading during Asian times.. and voila! Another sucky Asian EA trading the EURCHF... can I puke now??

Hi,

Does anybody have this indicator to share? http://www.fxsmooth.com/

 

I'd be interested to see how it looks like on a longer term chart not just the short time is shown on the website. Wonder if it repaints as well.

 

Cheers

Why no access to the live traded accounts from their webpage? I get an "invalid account" error when loggin to both accounts. Raises a red flag IMHO.

http://s58.radikal.ru/i159/1008/fa/01a7bd079a2d.jpg

 

Point well made. This is exactly its weakness.

This EA is a mini Tortoise the martingdale EA that they used to sell and recently was pulled of because clients kept blowing up their accounts. This is not as risky but is has considerable risk. It open a position with 150 pip SL and if the market goes against it it opens another position with same lotzise and same SL. This is fine and dandy but if the market keeps going against it it open a third position with triple (yes you read correctly!) lotzise and 150 SL. At this point if the SL is hit the loss will be huge. This is the downside of it but lets give it some credit over most EAs of this type which blow accounts like mad and have no consideration for the client's money.

 

Cheers

Big question is why were these demo accounts stopped on 06/18/2010? Many shady sellers start 10-20 demos at the same time and cut them out when the profit is high to be sure that they have something good to show but if they left it running the account would have crashed. Another nasty trick to be aware of. Also no refund available on this one.

 

Cheers

Just setting the record straight for the COG concept by Mr. Belkhayate. I've tested the progressive COG indicator versions along with the EAs not too long ago and my conclusion is that it is all pure junk. His indicators repaint and if you get a signal in live trading it will never match what you see after the fact since everything repaints. The channels making up the COG concept redraw badly and I don't recommend wasting time on this stuff. Unless you want to do for entertainment ;)

 

Cheers

It is my understanding this is a system made of rules presented in a PDF file right? What I missed is from where does the backtest graph come from? Isn't this EA generated? Maybe the developer is not selling the accompaning EA with the PDF.

 

Cheers

After ~300 trades starting in 2001 on M5 it blows a $10k account to zero. Don't waste your time..

Wow! No 10 year backtest, no live forward demo, just some video of a "selected" time period and a bunch of edited account snapshots and they expect people to just open they pockets and buy this thing?? What a bunch of crackheads!!

This is a "disaster waiting to happen" EA (if it hasn't already!). Take a look at the posted forward test report:

http://www.forex-tsd.com/attachments/expert-advisors-metatrader-4/104361d1278330353-show-us-your-best-scalping-ea-mycode.htm

 

You can clearly see that this EA is opening multiple positions opposite to the current market movement and closes them together when X profit is met. No different than the other "blow the account" EAs we've seen here time and time again. I am surprised that these guys are allowed to post there pushing this kind of thrash on people. Actually, MultiSync" was banned and I suspect Bongo + MultiSync might be the same perpetrator as "theRumpledOne" that got banned on both forums. My advice is to stay clear of these EAs and not waste your time (and possibly lose money) with these clowns. Besides they should be billionaires by now turning millions from $500 in few days right?

 

Cheers

This is a real dirty Asian only trader with very sub-par performance.. We have so many of them here on II that make a good choice if you are interested in Asian trading like MD, Kain, etc. Personally, I would stay away from Asia only since it often trends and these EAs get killed. Better to stick with London + New York sessions.

 

Best of luck

This is the typical kamikaze EA. It keeps adding buys as price goes down every x pips and adding sells as price goes up. It is destined to fail no matter what - just a matter of time.. I wish there was another faith for it.

 

Cheers

He..he.. according to the russians this is FRWC's Royal Trader Hybrid EA. I am not familiar with this one but the top 3 I remember are all junk. Does anybody have experience with this one?

Interesting EA. When I first saw the statement I thought of similarities between this report and FXGenius EA. But the fact that it is a real account at Forex.com does not support this assumption. It has no SL or TP so trades are fired and closed by some internal logic with the risk kept at a good ratio with the winners. It is not an Asian Scalper eother. Chances are this EA is a hook for "private" management and is not being sold as it has become the norm with russian coders lately. To think that someone will put their money at some brokerage to be managed by an unknown entity is ludicrous to me, but hey whatever floats the boat!

 

Best of luck

One of my japanese friends is in communication with the developer and he was told that he is selling the EA for $300. Here is the EA backtest from 2007 to current: http://www.multiupload.com/G73ESUU6SD

It looks decent but not great. I wish there was a forward test report available.

 

Cheers

Not really..

 

Average Profit Trade: $ 70.65

Average Loss Trade: $ -391.33

Here is the original package 1.7 with all indicators decompiled and educated. The auto-signals that it issues on scalping M1 and M5 (load included templates) I have to say are very good. I can see how an EA would do really good with this concept. For someone who is into manual trading this system should be very profitable.

 

Educated pack: http://www.multiupload.com/4MORAXN8ZH

 

Cheers

First observations.. #1 drawdown on the 2002-current is ~30%. #2 with a profit factor of only 1.36 this EA is a slugger no matter what other stats say.. you would have to load it to the max and expose yourself to very high risk to even see a decent return for your money (if the 30% does not show its ugly face first!). As a positive it has balanced SL/TP and shows live trading and a lengthy backtest. This raises it level above all other true charlatans that use all kinds or tricks and withhold information to sell their garbage. So I give it a semi-thumb down on performance but a thumbs up in credibility.

 

Cheers

When I attach a template to a chart, Mt4 is crashing, the Task-Manager shows 100 % CPU and only way to get out of this is to abort the mt4. Do you have the same experience ?

 

Not here but I only loaded one of the M1 scalping templates which works well. Maybe you can try different ones. Looks decent enough especially for scalping and most important - does not repaint.