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MtCoderz

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Posts posted by MtCoderz

  1. How can I make an EA invisble from the broker ???

    in MetaTrader Expert Advisors

    Posted

    Re: How can I make an EA invisble from the broker ???

     

    This is a quote from CHi

    I chatted online with one broker who welcomes Forex robots - http://www.fxcbs.com.

     

    Interesting enough, operator said they can still tell if it is an automated trade or manual trade even an EA uses blank trade comment and zero magic number. That is their claim.

     

    I think it's unfair treatment. Does anyone know MQL4 developers? I want to suggest them making EA completely anonymous.

     

    More info here:

    http://forum.mql4.com/25727

     

    If the statement is true. means traders r fuked up.

  3. Before buying an Expert Advisor

    in MetaTrader Expert Advisors

    Posted

    This info is not mine, i want to pass here for every one to read to prevent putting your hard money on the scammer like Mr. who made cashdetective..

     

    Rules to buying an Expert Advisor

    For people who are considering in purchasing Expert Advisors, please take the time to review some of these rules that I believe will keep you from burning a hole in your pocket.

     

    A. Always WHOIS the website

    1. How old is the website?

    2. Who created the website? Is it a person or a company?

     

    B. Review the EA's trade results/summary:

    1. Do the results look legitimate?

    2. Do they only provide back testing results? Do they provide forward testing results?

    3. What is the maximum drawdown?

    4. How big are the lot sizes?

    5. What kind of money management does it use?

    -. Do you have enough money to run the EA on an account?

    6. Which broker did they use?

    -. Different brokers sometimes give drastically different results

     

    C. What type of EA are they selling?

     

    1. Grid EA

    A Grid Expert Advisor is an EA that creates multiple levels of trade orders at specific prices. Grid EA's come in two categories. A Grid EA that is meant to be trend following and a Grid EA that is meant to be traded in ranging periods.

     

    An example is an EA that is programmed to place 10 limit orders above and below the current price, each limit order being placed 10 pips away from each order. Some Grid EA's are also considered a Cost Averaging EA.

     

    2. Martingale EA

    A Martingale EA generally refers to an Expert Advisor that uses a particular style of Money Management. This money management system used each loss that occurs during a trade the next trade size or volume size will be double the prior trade. Once a trade wins, the martingale system starts from the beginning.

     

    Example

     

    * Lot Size = 1; Outcome: Loss

    * Lot Size = 2; Outcome: Loss

    * Lot Size = 4; Outcome: Loss

    * Lot Size = 8; Outcome: Win

    * Lot Size = 1; Outcome: Loss

    * Lot Size = 2; Outcome: Loss

     

    And so on..

     

    3. Cost Averaging EA

    Cost Averaging

    The money management technique of buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the price. More volume are purchased when prices are low, and fewer shares are bought when prices are high.

     

    4. Counter Trend

    Counter Trend strategy generally executes trades on retracements or a corrective waves, these are two terms to refer to movements that are against the major trend. While using a Counter Trend system, the author or system trader is trying to achieve one of two things:

     

    1. Predicting market pivot points / swing points

    2. Taking profits off of retracements or corrective waves

     

    Many people do not like using Counter Trend strategies as they tend to be more risky than Trend Following strategies.

     

    5. Trend Following

    Trend Following strategies are generally trading systems that are not meant to predict the end or beginning of a trend. Their role is to execute trades in the direction of an already established trend.

     

    6. Ranging

    Ranging refers to a type price action behavior. When a market ranges, it tends to sway within a certain price range for a period of time. Some people may also know this as a flat channel, or a rectangle pattern.

     

    7. Breakout

    A Breakout strategy refers to a strategy that trades on price action breaking a particular level of Support or Resistance.

     

    8. Neural Network

    http://articles*mql4*com/461

     

    9. Arbitrage EA

    Attempting to profit by exploiting price differences of identical or similar financial instruments, on different markets or in different forms. The idea version risk-less arbitrage.

     

    D. Refund Policy

    A. Do they have one? How long can you run a test trial?

    1. One week is too short and provides inconclusive results

    2. No refund? Ask why

     

    E. Purchasing Policy

    1. Is it subscription based?

    2. Is it one time purchase and all upgrades inclusive?

     

    Although these guidelines are tedious, they are meant to save you hundreds of dollars if you take the time to address each point.

  17. FAPTURBO Evolution

    in MetaTrader Expert Advisors Request

    Posted

    Re: FAPTURBO Evolution

     

    I tested the real version today. It made 3 trades, all are profits..

     

    Any one have good knowledge of cracking Java, Pm .. It's binary code , extension is *.jfx, strategies plugin for jforex. I can't find the way to decompile it..

     

    http://img98.imageshack.us/img98/2835/fabswiss.png

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