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Pheniox

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Posts posted by Pheniox

  1. Well not to defend Henry here.

     

    But I received my refund within 6 hours.

     

    Also although he has made some serious mistakes in his trades I have managed to make over 100 dollars profit in the past two days with his software.

     

    His trading style does not suit my current risk allowance however I really can not judge him with only two days in .

     

    He did make a few trades that concerned me and I closed them out while they were in profit but hindsiight being what it is if I had left them open I would have made a lot more.

     

    Again the refund was quick and no questions asked so that says a lot for him and I do wish him luck in his adventure and will follow his trades with interest.

  2. Quick update, Currency Strength Robot running 2 days now, very disappointing! 7 out of 8 trades in negative 3 more than 70 pips in the red. This is on one of my live accounts! At this stage i am not recommending this EA produced by Henry. At a rate of $130 months and having been stopped on USDCAD and down more than -280 on pairs he has traded all of them very poor, then i will ask for my money back. Has anyone else used this EA.

     

     

     

     

    Signed up to try it.

     

    No losses yet but closed out all trades manually .

     

    He is currently trading against all trends on all currencies.

    For sure he has no idea what he is doing here.

  3. Pheniox: Thank you for that useful information and clarification.

     

    Should we conclude that the company is misrepresenting that it is providing arbitrage software?

     

     

    100 % not an arbitrage program from my point of view. In order to be an arbitrage it has to compare prices from one broker to another and there can be no latency between communication or it will not work.

     

    Another form of arbitrage is betweem currencies and spreads and a few others .

     

    In other words an arbitrage is a comparision of one thing against another, and if using an indicator it must compare on currency against another, which this program does not do.

     

    So yes it is no where near to being an arbitrage program.

  4. iwjw: You say that the ea is trading a number of common indicators. But it is not clear that this is happening. I find no indicators loaded. This is what the company told another party:

     

    The software itself will be able to gather information from our accounts

    and your account and make incredibly profitable trades! You only need one broker account.

     

    Of course it is unclear what information is gathered.

     

    I think the questions remain unanswered at this time.

     

     

    Look at the code properly

     

    double l_isar_28 = iSAR(NULL, 0, 0.005, 0.05, 1);

    double l_isar_36 = iSAR(NULL, 0, 0.005, 0.05, 0);

    double l_irsi_44 = iRSI(NULL, 0, 21, PRICE_CLOSE, 0);

    double l_istochastic_52 = iStochastic(NULL, 0, 10, 3, 3, MODE_EMA, 0, MODE_MAIN, 0);

    double l_istochastic_60 = iStochastic(NULL, 0, 10, 3, 3, MODE_EMA, 0, MODE_MAIN, 1);

    double l_imomentum_68 = iMomentum(NULL, 0, 100, PRICE_OPEN, 0);

    double l_iadx_76 = iADX(NULL, 0, 21, PRICE_CLOSE, MODE_MAIN, 0);

    double l_iosma_84 = iOsMA(NULL, 0, 90, 99, 88, PRICE_OPEN, 1);

     

    is very clear witihin the code.

     

    Also it is impossible for the EA to communucate with theri servers withouth the implimentation of either an ftp command or a dll instruction neither of with is withi the code on this program.

     

    It simply uses common indicators supplien with all mt4 terminals

  5. Well from my side Henry Liu has a good reputation.

    I have made pips from him in the past and with a 30 day money back guarantee, and concidering he has given away almost everythig else he has to offer to traders in the past and continues to do so,, it still costs nothing to try other than what one may lose on their account and if one is concerned then a demo always works as well.

     

    Personally I will give it an honest try and if it does not work then I will request the refund.

     

    Just my two cents worth.

  6. It is an actual signal service, with many upsells one of them been a trading system you can buy also to trade. in there back office they have videos to cover the setup...the signal service is updated there also, they have an program that can be placed on metatrader to view the signals once they are updated in the back office... . I did NOT see anything about special strategies in the members area, Needless to say it was not for me.. so I asked for a full refund and got it!

     

    More information of this hidden expliot that they use and perhaps somewhere to download the bonus programs they offer would be helpful.

    With the initial membreship it is assumed that you download some softawre that sends you the trade signals and since mt4 is not needed then it must be some GUI that works witihin the windows enviroment and shows the signals.

     

    Would really appreciate more information instead of siging in and then requesting a refund, if it does not work.

  7. Hi Pro

     

    How are you getting on with the PB Turbo? At the moment, I am running it on four different demo's - FXPro, ThinkForex, FinFX and the new Oanda MT4 platform, and every one of them are way way in profit! I'm thinking of the old addage "If it seems too good to be true, then it probably is!" - but it just keeps turning out winning trades! Heres my MTReport stats for FXPro:

     

    Net profit 13313.75 Initial deposit 10000.00

    Gross profit 22118.75 Interest earned -99.14

    Gross loss 8805.00 Commission paid 0.00

     

    Total number of trades 129 Percentage profitable 78.3%

    Total number of pips 1228.0 Average pips per trade 9.5

    Total number of pips (per lot) 6340.7 Average pips per trade (per lot)49.2

     

    Number of winning trades 101 Number of losing trades 28

    Average winning trade 219.00 Average losing trade -314.46

    Average winning pips 19.5 Average losing pips -26.6

    Average winning pips (per lot) 70.3 Average losing pips (per lot) -27.2

    Avg win / avg loss 0.7

     

    Largest winning trade 1804.89 Largest losing trade -919.45

    Largest winning pips 167.0 Largest losing pips -75.9

     

    Return (8 days) 133.1% Maximum drawdown percentage 69.8%

    Maximum drawdown 6977

     

     

     

    And for ThinkForex:

     

    Net profit 4237.94 Initial deposit 10000.00

    Gross profit 14259.49 Interest earned -47.58

    Gross loss 10021.55 Commission paid 0.00

     

    Total number of trades 115 Percentage profitable 73.9%

    Total number of pips 365.9 Average pips per trade 3.2

    Total number of pips (per lot) 5087.4 Average pips per trade (per lot)44.2

     

    Number of winning trades 85 Number of losing trades 30

    Average winning trade 167.76 Average losing trade -334.05

    Average winning pips 14.7 Average losing pips -29.5

    Average winning pips (per lot) 70.3 Average losing pips (per lot) -29.7

    Avg win / avg loss 0.5

     

    Largest winning trade 882.30 Largest losing trade -1083.83

    Largest winning pips 72.5 Largest losing pips -66.7

     

    Return (5 days) 42.4% Maximum drawdown percentage 26.2%

    Maximum drawdown 3619

     

     

     

    I would love to know a bit more about how this EA is trading - with some Money Management built in it could be a real winner

     

    Cheers

     

    Andy

     

    Thank you for taking the time to post your results so far on the Turbo edition.

     

    What is important is what currencies you are running against as well and the time frame .

     

    Please update your post for us.

  8. I have tested it with the brookers advised in the manual and made about 20% profit in one day. started with 5000, lotsize 0.1.

    But pay attention to the broker that is mentined in the manual hxxp://xxx.earnforex.com/forex-brokers/FXCH

    Reinier

     

    This thread is all over the place here.

    With three different programs running.

     

    I would suggest that there be a forum for the turbo program separate from this arbitrage on as it get confusing to follw to say the least.

     

    Also when posting please be a bit more specific with what brokers you used or we are simply spinning our wheels once again.

     

    The manual only mentions FXCH a scam broker and no other brokers that I can see there.

     

    If you had some success was it on the FXCM demo. If so then a waste of time since no one in theri right mind would open an account with them.

     

    Also since you have to run other broker terminals what were the other terminals that you ran.

     

    Not complaining here but this lack of proper information gets no one no where but to either simply brag about how good they are doing or simply waste time.

     

    I would suggest that posters for the Arbitrage program use the following guideline to post.

     

    {Broker Name} one =

    {Broker Name} 2 =

    {Broker Name} one was a loss

    {Broker Name} 2 was a gain

     

    Conclosion was that {Broker Name} 2 was or had mosre winning and is the one that performs best on theri demo with {Broker Name} 1 as the Masyer broker and {Broker Name} 2 as the salve.

     

    Just my two cents worth here.

  9. To Managers of HotForex

    As a respected member here I am opening an account with your firm to test and post the results _ whether good or bad - hopefully good as there are so many as we call them bucket shop brokers out there. Most have very poor support to say the least.

     

    There are many members here and I have my own membership of over 56,000 members that are always looking for a reliable broker.

     

    Having searched the Internet I have found both good and - well we will call them so so results -related to your firm so I will determine myself as to whether to recommend your firm to other members here and else where.

     

    You were asked a question earlier - perhaps on another forum that was not addressed and it stated that your firm does not like scalpers and that although your claim to be STP processing clients have reported requotes which is not along the lines of STP.

     

    If you have a Dealing desk - then most members do not not have an issue with that as long as honesty is present.

     

    Also if scalping is no issue with your firm what is the holding time of trades - minimum as most major brokers have no limit whether it is one minute or one second - since we as scalpers take a lot of risk for small gains and need to know up front as to your trading rules in relation to scalping.

     

    I am sure that there are many other question but for the time being I will post the account to MyFxBook and allow an open discussion with other traders from around the world as to how the account is handled by your firm .

     

    With Regards

    Pheniox

     

    As a subnote I just finished the application and received a phone call from a representive from your firm which was a warm welcome so we are off to a good start here .

  10. Hello everyone,

     

    I noticed that there are 3 different eas:

     

    1. Pushbuttonpips

     

    2. Pushbuttonpips Xtreme

     

    3. Pushbuttonpips Turbo

     

    Only Pushbuttonpips Turbo ea does not have DLL files, while the other 2 eas have DLL files.

     

    So, can any genius here can crack, and remove all restrictions of the 2 eas having DLL files so that they can work normally on both demo and live accounts without any restrictions?

     

    I doubt these 3 eas are as profitable as the seller claimed, but anyhow, we can play around with them, and hope that one of them can make some profits consistently, no need to make such huge profits. Lol.

     

    If I can possess one of these eas, I will never sell to anybody at any price. Why not make money for ourselves and need some small money from selling them?

     

    But at least, we can backtest and forward-test them, and can find some good optimized settings to make them profitable on consistent basis, even 10% to 50% per month is good to all of us. Lol

     

    Regards,

    Jennifer

     

    1. Pushbuttonpips

    Arbitrage waste of time although easy to setup takes about two minuetes. Works same as Genius except that dll does all the work.

     

    Pushbuttonpips Xtreme

     

    Works with an indicator to determine the arbitrage. HAve used many of these and never a winner in the long run.

     

    Pushbuttonpips Turbo

     

    Same as number one but trades all currencies.

     

    There is no reason to educate as it runs fine as it is. You can not and do not need to separate the dll from the program. If so then use the Genius program instead and as noted many times...Happy demo testing..

     

     

    Quick edit:

     

    They supply a demo account for you to login to. Another FXCH scam is what I see here, and if it worked that good I would be dammed if I would ever sell it to anyone....lol

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