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Blacklist of EAs which confirmed to be scams


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Guys,

 

I think we need to create a blacklist for those EAs confirmed to be scams.

So our members would not waste our precious time on them. With the input from our members, I will break down the list into 4 sub categories.

 

Category 1: yet to be classified as Cat2 or Cat3

Category 2: Exact copy

Category 3: Largely copy but with customization/enhancement

Category 4: Pure scam such as backtest curve fitting

 

Symbols:

Cat1 =

Cat2 ==

Cat3 =~

Cat 4 !!!

 

Category 1:

==========

Ea Mechine = one logic of rdb_THUNDER4WD

Quantum Trader = Your lucky (thanks BhaiSahib)

EA-Boss = FAP Turbo (thanks enforcer)

Electron EURUSD = StarFX Trader (thanks enforcer)

Forex Maestro = Free Firebird EA (thanks enforcer)

PipZu = Free Otkat EA (thanks enforcer)

Saturn GBPUSD = Free RSI Power Maximum (thanks enforcer)

Socrates GBPUSD = Free Hammer EA (thanks enforcer)

The Forex Magic Machine = Free vForce like EA (thanks enforcer)

The Forex Wonder = Free Pseudocarcharias_v102 (thanks enforcer)

 

 

Category 2:

==========

Pipsleader == free Divergence Trader EA (thanks enforcer)

Artemis EURUSD from fxgtc.com == Free DemarkLinesEA (thanks enforcer)

 

 

 

Category 3:

=========

Europe Wave =~ rdb_Thunder_4WD

Dragonpips =~ rdb_THUNDER4WD

NightCash =~ MegaDroid Multipairs with customized settings

Euroblaster =~ reoptimized fahrad crab (thanks Enforcer)

Forex Espionage =~ Free Parabolic EA with customized setting file **

Forex Conqueror =~ Free Parabolic EA with customized setting file **

Forex Transformer =~ Free Parabolic EA with customized setting file **

Forex NewVampire =~ Free Parabolic EA with customized setting file **

Forex Slasher =~ Free Parabolic EA with added MM and customized setting file **

 

Category 4:

========

Forex Derivative !!! Backtesting curve fitting (thanks reza_oscar & Fxknight)

 

 

**

Customized setting / MM files are available free download from the following address:

http://www.4xproject.com/forum/showthread.php?t=44&highlight=ParabolicEA)

 

 

 

Guys, if you know any, please post it here and I will add to the list. When you post, please specify which source EA the scammers copied from and/or the reasons why it is a scam, so we can verify.

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Re: Blacklist of EAs which confirmed to be scams

 

Guys,

 

I think we need to create a blacklist for those EAs confirmed to be scams.

So our members would not waste our precious time on them. By just reading today's few posts, I can add the following:

 

1. Europe Wave = rdb_Thunder4WD

2. Dragonpips = rdb_THUNDER4WD

3. Ea Mechine = one logic of rdb_THUNDER4WD

4. NightCash = MegaDroid

 

I'm sure they are lot more scams out there, guys, if you know any, please add them to the list. When you add, please also specify which source EA the scammers copied from, so we can verify.

 

Quantum Trader = Your lucky

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Re: Blacklist of EAs which confirmed to be scams

 

I like it,

 

Euroblaster = reoptimized fahrad crab

 

so i found more on other forum.. here:

 

EA-Boss, copy of FAP Turbo,
Electron EURUSD, copy of StarFX Trader,
Forex Conqueror, copy of the free Parabolic EA,
Forex Espionage, copy of the free Parabolic EA,
Forex Maestro, copy of the free Firebird EA,
Forex Transformer, copy of the free Parabolic EA,
Forex Vampire, copy of the free Parabolic EA,
PipZu, copy of the free Otkat EA,
Saturn GBPUSD, copy of the free RSI Power Maximum,
Socrates GBPUSD, copy of the free Hammer EA,
The Forex Magic Machine, copy of the free vForce like EA,
The Forex Wonder, copy of the free Pseudocarcharias_v102.

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Re: Blacklist of EAs which confirmed to be scams

 

hi

 

please add Forex Derivative , as you may know it contains a fraud code inside which fits the backtest results and shows it as a glamorous EA, but indeed it's a bullshit...

 

well done copycat

 

 

:)>-

 

I was just gonna recommend this but you beat me to it. Afterall the developer is #1 on the "Hall of Shame!".

 

:-bd

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Re: Blacklist of EAs which confirmed to be scams

 

Hmm... Is this just a list for EA's which are copies of others? Or is it just a scam list?

 

You can read easily, see a sample

18. The Forex Wonder=free Pseudocarcharias_v102 (thanks enforcer)
19. Forex Derivative = Backtesting curve fitting (thanks reza_oscar & Fxknight)

 

number 18 is a copied, number 19 is a scam!

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Re: Blacklist of EAs which confirmed to be scams

 

JitterBug and RockStars are exact copies of each other..

 

AutoCashGenerator and EuroBlaster are basically the same.. But then the same author.. Not a scam but neither work well..

 

Dragonpips was copied from BankingFX_Diamond and modded..

 

 

I'm sure Dragonpips ea copied from rdb_Thunder4WDv2b or older version, this Free ea first versions relased very long time ago maybe more then a years! I'm not tested the BankingFX_Diamond but now I think it is one more copie from rdb_Thunder4WDv2b (or older version)

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Re: Blacklist of EAs which confirmed to be scams

 

The idea of revealing exact (or slightly modified, copyright-ripped, renamed etc.) copies of other EA's is great. Nobody want to put down money for a free or already bought stuff.

 

However, please make sure that free version CAN achieve the same or better results as the "fake" ones can before put it on the list just by judging the "similarities" of the source code.

 

Sometimes these EA's are modified to reach better results. For example I can get smoother profit curves and better trades with Europe Waves than Thunder4W. Is it just matter of settings? I don't know. I've played with Thunder for several hours and could not achieve the "finer" results as the EW produces by on its default settings. However, the source codes obviously the "same" (very close).

 

BTW, I won't buy a 2009 Ford Mustang, either. It's just a copy of a 1911 Ford T-model. Both has four wheels, engine, steering wheel, doors, windshields, brakes, exhaust pipes, lights, seats, gearbox, pedals, instruments etc. Both are basically the same, built on the same idea, for the same purpose.

I hope you got my point. ;)

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Re: Blacklist of EAs which confirmed to be scams

 

Pipsleader = copy of a free Divergence Trader

 

Pipsleader

http://www.4xproject.com/backtest/divergence/pipsleader2008.gif

Divergence Trader

http://www.4xproject.com/backtest/divergence/divergence2008.gif

Original thread:

http://wxw.4xpr0ject.c0m/lang/de/robot-overview/robots/pipsleader/

0=o

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Re: Blacklist of EAs which confirmed to be scams

 

The idea of revealing exact (or slightly modified, copyright-ripped, renamed etc.) copies of other EA's is great. Nobody want to put down money for a free or already bought stuff.

 

However, please make sure that free version CAN achieve the same or better results as the "fake" ones can before put it on the list just by judging the "similarities" of the source code.

 

Sometimes these EA's are modified to reach better results. For example I can get smoother profit curves and better trades with Europe Waves than Thunder4W. Is it just matter of settings? I don't know. I've played with Thunder for several hours and could not achieve the "finer" results as the EW produces by on its default settings. However, the source codes obviously the "same" (very close).

 

BTW, I won't buy a 2009 Ford Mustang, either. It's just a copy of a 1911 Ford T-model. Both has four wheels, engine, steering wheel, doors, windshields, brakes, exhaust pipes, lights, seats, gearbox, pedals, instruments etc. Both are basically the same, built on the same idea, for the same purpose.

I hope you got my point. ;)

 

 

I agree with you. I will will update the list with following symbols

== exact copy

=~ largely copied but with customized settings

 

If you have any other idea to better display the list, please share here..

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Re: Blacklist of EAs which confirmed to be scams

 

Pipsleader = copy of a free Divergence Trader

 

Pipsleader

http://www.4xproject.com/backtest/divergence/pipsleader2008.gif

Divergence Trader

http://www.4xproject.com/backtest/divergence/divergence2008.gif

Original thread:

http://wxw.4xpr0ject.c0m/lang/de/robot-overview/robots/pipsleader/

0=o

 

 

Great work, Enforcer, I will add it to the list...

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