leefx007

Then don't freakin' read it.

Clearly you did not.

Some moronic comments in here just makes me

laugh out loud. Oh, but let me get this... long string

of comments going all the way to the right is easier

to read?

Ignore me and shut the hell up then!

Why is this type of trading strategy "piece of crap"?

Don't trash it if you haven't demoed this. All of this

broker argument and 1 PIP argument is irrelevant.

That is if you have really studied this, is familiar with

any form of price action or grid trading, have decent

manual trading experience, and appreciate EAs in

general and especially those who have recoded this

to improve the parameter and performance settings.

This is just a rapidly moving price action grid trading.

And it works on all platforms, on all brokers. It just

does not work on all available pairs that's all. Does

something have to be spoon fed to some people in

here? Clearly that's the case. At least appreciate

those who recoded this EA to make certain parameters

available for you to tweak. Also, who said this EA

won't work on EURUSD or USDJPY? Two most liquid

pairs on any broker and on any platform? Just because

the developer whom you are trashing as a scammer and

this EA as piece of crap says it is optimized for EURCHF

and EURGBP? It's freaking hilarious to on one hand

trash the EA and trash the developer and yet believe

their manual and recommended pairs. Think about

how ludicrous that is. Fact is, grid type of strategy

work well on highly liquid pairs with low spreads.

That does not have to be EURCHF and on Asian

sessions. This will work very well on EURUSD.

The thing you have to figure out yourself is the

proper SL that you can live with. Don't bitch

about risk reward, that is within your control

by setting TP and SL to your satisfaction. It's not

the fault of the EA or this type of trading strategy

if you do not have enough manual trading experience

to know what TP and SL combo you are comfortable

with for various pairs at your particular chosen broker.

Sorry, this is not piece of crap. And stop talking about

brokers and 1 PIP issue. It is a non-issue really. As

someone already stated, work the settings to make it

compatible with your reputable broker rather than

look for and compromise by settling with a scam

crooked broker because they advertise 1 PIP spreads.

And the reason why this EA is better than other grid

strategy is that most grid strategy uses static limit

orders that stay where it was originally opened

irrespective of where the current price line is. This

EA's limit orders are dynamic in that it always updates

itself and moves along with the current price line.

So, if your SL is a decently wide one without being

too huge in respective to your chosen Risk/Reward,

you will have several wins while the particular order

is on its way to possibly hitting the SL. No other grid

trading system can say this. So, all other settings

can be default but you need to come up with an SL

that you know you can live with and you know you

did well with when you were manually trading.

If you have zero manual trading experience, you

will always struggle with the proper SL setting.

Don't accept the default while constantly bitching

about risk reward. I hate reading that crap on

forums the most. TP and SL is within your control.

Demo this on Dukascopy's MT4 beta and on EURUSD.

The way this EA works on Dukascopy's ECN is great.

Now, because it is beta, the server does have some

occasional issues but once Dukascopy goes live with MT4, this

EA on EURUSD will work great. And the spread on

EURCHF is less than 1 PIP as well most of the time

on Dukascopy. And on EURUSD it is less than 1 PIP

great majority of the time. Most is 1 PIP.

In the meantime, you need to be

running this on a non-US brokerage firm and preferably

on STP because this EA does fall into hedge category

by the NFA morons. So, NFA compliant FIFO following

US brokerage firms won't work with this EA effectively

as it is designed to work. And the way this EA

functions on Dukascopy and on ECN in particular

is much more preferable to way it works in all other

brokers. You have to demo this on Dukascopy and see

what I mean.

I got a refund complaining about the virus issue and the authentication issue. When their web site went down, so did the ea's. I demanded my money back and got it. Threaten to call your credit card company on them.

Ya, this is good too. And their own membership site now has "virus/computer threat" issue.

It won't be a lie if you mention this to Plimus as well. Norton deems their membership

site and bulk of their EA as computer threat (3 registered on the membership site itself).

Virus threat on Fusion. And Trojan threat on HiRider. Also, mention that the vendor

is totally unresponsive and you are getting canned autoresponder emails from them

and that their mail box is full. And then you will contact your CC company for chargeback

and you will contact the BBS in Silicon Valley and also contact IC3.Gov and refer both

them and Fusion guys to this problem if you cannot get this resolved hassle free.

And never ease up... and don't be afraid to get nasty with Plimus either. If Plimus

sees the same complaints from everyone, they will know that these Fusion guys

are crooks.

Stop contacting Fusion crooks directly. Talk with Plimus only.

And Fusion guys are stopped responding to customers' complaints

completely making it easier to talk with Plimus and harassing them.

Just never ease up. Plimus is getting a ton of complaints against

these guys; most of them being the legal threat kinds. So persist

with Plimus... do not even bother with Fusion at all. Deal with

Plimus only. And just keep replying back, also do talk with your

credit card company as well. Make sure these guys cannot

charge you again if you did the two payment option. And

just keep harassing Plimus nonstop. Everyone is doing the

same; so they know Fusion guys are crooked.

This is just a little extra incentive to get people sharing, similar to William's gift. I think quite a few people come here and take, without sharing things in return. Just helps to foster the sharing mentality here, that's all. :)

Ya, OK... but I rightly suspect that most people do not have anything

to share or anything worth uploadable. This defeats the very purpose

of openly sharing doesn't it?

I am interested but dont understand what to do to get it....

Same here. I don't have a clue what he is babbling about.

This is a place to freely share, not make people jump through

hoops with incoherent requests from members.

Quick word to newbies: You seldom get this advice on forums but you

must follow this and make it your motto. I hear people talking about how

this EA will eventually blow your account. Maybe maybe not but that

should not be the primary concern. If you deem this profitable, don't

be greedy, do not use your trading account as a savings account.

Withdraw your winnings on a regular basis... we suggest weekly.

Re: FX Genius Robot Discussion

Some people just love talking about "bucketshops".

Slave/Master combo is really an irrelevant issue.

It truly is. Actually demo it and test it rather

than always seeking an easy ways to things.

Why would ECN not make a decent slave?

You assume so right? You assume that there

is some significant holy grail thing with this

slave/master slow/fast feed latency crap right?

It's totally irrelevant. This is just very very

fast dice throwing; much faster than all of

can do manually. That's all this is and as

people who have actually demoed this will

tell you that there are far more winners than

losers and the losers are very small due to a

very tight stop/loss. I laugh at people who

make assumptions and give up even before

giving anything a try. If you want to excuse

things away like that fine... but don't trash

this EA or anyone who creates scalping EAs.

And note, the brokers that Dominic used are

all questionable ones. They all eventually

struck back precisely because he and others

using his EA were being so damn successful.

The fact is this EA works... and any slave/

master combo will work but the slave must

be ECN. Master can be ECN as well. And

you scalp 3/10th PIPs on fast scalps.

Everywhere I go, I see just way too many

lazy and overassuming people with just

a lot of greed and not much else.

Re: FX Genius Robot Discussion

Traders, especially newbies, need to get this

through their heads. Not one single market

maker brokers that offer instant execution

are reliable brokers if you intend to do scalps

only. Just accept it despite what kind of crap

they state on their websites otherwise known

as "sales page". Let's face it, they are all

sales pages. Only a full ECN model that

charges you a commission with a specifically

detailed commission schedule and rates with

a specific reliable spread that you can gauge

most of the time are the only place you can

reliably scalp. Market makers are simply taking

on too much risk if too many successful scalpers

come to them. That's the sad little dirty story

on all of the market maker brokers. Of course

these dealing desk brokers won't fess up to this.

But it's the truth. So accept it and go find a

reliable ECN broker located in a regulated

jurisdiction... not in Panama or Cyprus. Demo

a lot of ECN brokers and pick one that you like

the most and go with it. I recommend Dukascopy

if MT4 is not a must for you. Still no final word

on when they are ending beta and going live

but if you can trade without MT4, go with Dukascopy.

Other STPs are fine too provided that they are

truly STP, not DD pretending to be STP. There

are so many lying brokers out there it is amazing.

Admit this as well... there are just way too many

crooked brokers out there. You need reliable

transparency and a broker that relies on heavy

volume traders like scalpers. Not market maker

dealing desk brokers who cannot find liquidity

even if their life depended on it... so what do they

do most of the intraday? That's right... they trade

against their retail customers. This is why they

have to have you hold onto your trades for at least

15 minutes or longer. Ideally, they want you to

hold on to your trades for at least 12 hours which

gives them plenty of time to find a better price to

trade against their retail customers' positions.

ECN's anonymity is also very important for your

protection against bankers and other market

makers providing liquidity on the ECN model.

Do yourself a favor and find an ECN broker.

A REAL ECN BROKER not a lying crooked broker

pretending to be ECN. Plenty of those as well.

If they are ECN but they don't charge commissions.

They are not true ECN!

Re: FX Genius Robot Discussion

"market maker" brokerage firms, even IF they

say they allow scalping, they will disallow it and

ban you or worse, even withhold your earnings

by saying you violated the terms of agreement

or other nonsense. The dirty secret of market

makers/dealing desk is that they do hold the other

side of their retail customers' trades. That's the

dirty little secret. So, if these brokers run into a

very smart and fast scalper, either a professional

manual trader or even a fast scalping EA, the

dirty little secret is that they will wind up holding

a lot of losing positions. Plus, the scalping will

come in much faster than they can keep up as well.

Another dirty little secret. And these market makers

care greatly what YOU do so they DO keep their

eyes on you. ECN/STP gets direct bridge routed

to liquidity providers and these providers don't get to see

who is placing the orders. They can't even tell

if all the orders are from one trader. And if your

broker is a respectable commission earning ECN

brokerage firm, they want you to do ton of trades.

Find a respectable ECN model with a respectable

brokerage firm. Not a market maker saying they

allow scalping only if you do little volume and only

if you hold on to the position for at least 2 minutes

and only if you lose money. Come on!!! I guarantee

you, you can scalp 2000 trades per minute and these

market makers won't give a crap if you lost all of them.

But if you even win 70% of them, they'll ban you.

Because it means that the dirty little secret tells you

that they probably lost over 70% thanks to you. They

are not happy to earn off of the spread markup either.

In fact, they are worse than the casinos. You winning

is what is objectionable to these market maker brokers.

If you lost every single one of your scalps, they won't

say or do crap to you. You winning is objectionable to

them. Why would you want to do business with such

people? Can't stress this enough... trade on an ECN

model. You have to do a great big belly laugh at these

brokers saying you are cheating. Cheating? Please...

How can you cheat when nobody can predict the price?

Arbitrage techniques as they call it doesn't predict

the price either. Being banned with no refund comment

alone should tell you that they are thugs in Armani clothing.

Really... are they any better than casinos that ban

successful gamblers? It's ridiculous. Not defending

anyone here, let alone Dominic, but how is he a scammer

but the broker is not? I would say the broker is the crook

and Dominic is the smart one. If someone says, banned

with no refund... come on, only crooks say such things.

Re: FX Genius Robot Discussion

This speaks more for the crooked brokers than

the crooked people programming smart EAs.

Ya, scalping is allowed as long as it is the

broker's definition of scalping. Please...

Dominic may be a questionable character as

well but please... you cannot possibly have

any respect for brokers who have their own

bizarre concept of what scalping is and then

proceed to ban you. Please... I think the proper

thing to do is avoid brokers like that rather than

legitimize their concerns. My advice is to find

a broker who makes money off of you on commissions

and running a full ECN platform. Not STP parading

around as ECN or NDD pretending to be ECN like so

many brokers out there. Dukascopy comes to mind.

Do all of your business there.

Re: FRWC EA's Refund Issues

Plimus is not only useless, they are just as

crooked as the vendors doing business

using them. Because these vendors know

Plimus has a history of being crooked as well,

they use them. If they always had intention

of giving out no-fuss-no-muss refunds, they

would have gone with ClickBank from the very

beginning where they give refunds very easily.

Re: Forex Brilliance Robot

Shi... no ECN

can a Programer help please =D>

 

Thanks

Ya, would appreciate some smart guy

adding the ECN/STP compatible code

to this one. Thanks in advance.

;)

Re: Forex Brilliance Robot

OK, what's the opinion on this EA so far?

So far, not impressed with it at all.

Starting to look like yet another hyped

up EA. Noticed that they are using Plimus.

Glad we did not actually buy it.

We are only demoing their hyped up USDJPY

one that they hyped up by saying it was

their most profitable EA. We'll see. You

do not need to demo it for 6 months to see

if this sucks or not.