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fxknight
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Posts posted by fxknight
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Hello,
I found this Japanese developer who sells the set of indicators called the "Layers Breakout System" and shows the results of the EA based on it at: http://layersbreak.com/Back_Test/BackTest.html
Can someone who speaks japanese get a free demo of the indicators and find out if the EA is available for sale? Maybe we can get our hands on it to test. Is this the same developer who claims to have an EA coming out with the same name? http://mochi0281.blog17.fc2.com/blog-entry-896.html (japanese language)
Good luck
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Look at the wizard hats in the report graph.. very bad sign.. martingdale and ready to blow the account any minute! When some serious news or events will come.. this EA is toast.
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..and trades like granny's bowel movements.. every 4-7 days if lucky ;)
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Its not a holy grail , its a scam and is being sold here http://39fx.ru/
Results http://www.onix-trade.net/?act=monitoring_stat&xid=21733
Give it few more days and the account will blow, unless he got lucky
However this might be the Holy Grail : http://www.myfxbook.com/members/tirocurto/forex-is-pretty/41400
But it doesn't work on live accounts :-)
Obviously such as it is the case. This guy that developed Aggressor (and cloned it from the Donchian Scalper) came up with version 2 and 3 which are more or less following the same destructive path of insane risk. The live account clearly shows he is one step away from total disaster.
Best luck
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Same here.. very risky, poor stats.. falls in casino gambling category, but going to the casino is more fun!!
Cheers
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A ZIP file is not that hard to crack but a RAR file is impossible. Since this is a ZIP archive it can be sent to one of the ZIP password recovery services and for ~$25 they should be able to crack it.
Cheers
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This is a 1 hour limited trading Martingdale EA during Asia session (from the settings in the Backtest report). Still could be very dangerous.. if the market starts running during this hour this EA can wipe a large portion of the account. Still worth to test though. Also the modelling quality is only 25% which could have missed a lot of entries that could have gotten it in trouble.
Is the forward statement posted or did I miss something from the developer's website? Perhaps a demo account started everytime once the accounts gets in trouble?
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Can you upload the bonus indicators too?
They are included in the package under the \Bonus directory.
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its a severe martingale.i just installed the ea and ran backtest which did not last for 5 minutes.i ran it from 2005 on gbpusd.
they use 0.1 risk for the backtest they show on thier website.with that risk there is some profit over time of course.
now looking to unistall but can't find uninstaller in the package.
So they really cherry picked a profitable time period to show for the 300+ winning trades. Thanks for giving it a shot. At least we know now ;)
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Hello,
Here is a new EA that is getting lots of buzz in the russian forums. The developer offers a free demo of the EA which allows it to be back and forward tested but it is hard to understand the installation since it is in russian. Maybe some of the russian speaking members can install this and give us some feedback on it.
Developer URL: http://expforex.at.ua/load/uts_v1_0_universal_traiding_system/2-1-0-56
The developer posts a backtest with over 300 trades but this may be too short of a time period to ensure that the EA will survive and not blow the account. A backtest of at least 5 years needs to be run to assure stability.
Please post your feedback on this.
Cheers
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Here is the entire enchilada and with externalized SL and TP. It is to be ran on M15 as per their posted backtests. For some reason I cannot reproduce the backtest reports they post on their website. Is it a hoax? I truly don't know.. you can run your own backtests and decide. Actually I like all the bonuses more than the EA itself!
Enjoy! http://www.multiupload.com/O5W0XG4GVL
Cheers
- halcyonn, fatherloko, agent6 and 6 others
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This is nothing but the good'ol 4XGreed traded at Exness broker. Maybe their feed is same as GCI (lagging) and it works to pick up few pip out of line with the main feeds, but over the long haul will it work consistently? You can set up 4XGreed 1.6 at Exness as the slave and the IamForex as the master and match the trades 100%.
Cheers
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I am not a prophet but I am able to make a good prediction here. This EA is a scam. Why? It is simply because the presentation that it is given on the vendor's website. No 5+ years trade-by-trade backtest report and no forward tests. This is a clear red flag no matter what other stuff they choose to present to make it look good. We'll be able to see if the prediction is accurate in a very short time ;)
Cheers
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Here is the full install package. From what I read in unbiased forums this EA is a piece of crap with a cherry on top. But you can decide for yourself.. I've seen the ex4 for it somewhere and will search for it and post it here.
Cheers
Edit: Did not take me very long to find out concrete proof that the MPP is a FAPTurbo clone. Using FAPTurbo 5.0 probably makes more sense if you like this type of EA with large SL and small TP.
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Real account:
Счет: 14386
Пароль: c7u17r5c5d
Сервер: 195.178.5.19
website: http://electro-barsik.moy.su/
looks interesting can anyone get it?
Definitely worth to look at and run some backtests + forward demo. Do you know how much $$ the developer is asking for it?
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Good luck!
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What proof does this developer show on the website to allure people to be interested in their EA? Maybe I missed something (besides the videos and "happy birthday" cake). Yeah he likes to drink milk but does this mean he can code a good EA?
Cheers
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Spammer will be punished, hopefully the word will go out and they will not sell anything.. even if they do people will ask for refunds. People in this business simply have to understand that if they steal it will come back to haunt them.. karma always gets it right in the end.. all the flashing marketing signs will come down in flames when everything is said and done with shame and devastation left to endure. I will post relentlessly on all forums about this scam to prevent them from scamming people.
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In my experience when it is that far off profitability, its a done deal. Its like trying to give the best medications to a dead person.. it will never revive him/her. I would like to be proven wrong though ;)
Cheers
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I tested 05-2010 to current and as you can see this concept is a total loser. Used default settings.
http://i25.tinypic.com/34yur8j.jpg
http://i28.tinypic.com/2lntj7l.jpg
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Videos, videos, videos, plon, plon, plon .. they all mean nothing without at least a 10 year backtest with trade by trade and a forward test account statement. Remember videos can be edited to show whatever they want you to see. Lets see this guy posting some reliable information and then we can worry about getting this..
Cheers
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The EA came out in Feb. 2010. I did not email the author since I read that the the developer is not selling the EA any longer and claims to use it for personal trading only. Here is a 10 year backtest with added money management:
http://www.4shared.com/document/nsA5nAtE/EU-SH-RI10000.html
In this backtest the EA is called SystemHacker.mq4 which I googled and found a nice video of another developer showing a nice backtest of the EA at:
It is hard to tell who is the real author of this EA. I would say that the guy in the video coded it and the betmarket2009.ru was selling it (and renamed it to System Haker) but the developer pulled out. At least we have more info to investigate. Please share your finding with us as well ;)
Cheers
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Very poor Money Management with this EA. The losers are 6X the winners and soon this is bound to catch up. The inconsistencies listed above make this a very undesirable EA to trade in my personal opinion.
Cheers
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I don't think this EA is available for sale or lease any longer.. from what I read in the forums. Someone that was lucky might have gotten the demo before the developer stopped selling it and perhaps share with us.
Cheers
PinpointScal V3 Japanese EA
in MetaTrader Expert Advisors
Posted
Hello,
Thank you for posting it. I truly don't think the developer is selling the EA yet. He states that he coded the EA just to prove the indicator is profitable. Maybe you or your friend can email him in Japanese and ask him if he is selling the EA yet. It looks authentic from the posted backtest with no usual tricks.
Good luck