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Re: [REQ] http://forexmillionairecode.mt4live.com

 

The author put it there to get testimonials he will do a launch on this soon....don't think is a hoax

 

Depends what broker he uses!

Had a great EA with amazing results on demo account of a broker!

But then in came out that the broker used is a big scammer and it worked only on demo account and only with this broker.

 

newbee

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Re: [REQ] http://forexmillionairecode.mt4live.com

 

The author put it there to get testimonials he will do a launch on this soon....don't think is a hoax

 

Depends what broker he uses!

Had a great EA with amazing results on demo account of a broker!

But then in came out that the broker used is a big scammer and it worked only on demo account and only with this broker.

 

newbee

 

Only way to know if it is as profitable as posted is to backtest it at few brokers and run it live for few days. Also when examining the source code one can fully know how good the EA is. Hope that somebody shares it so we can dissect it!

 

Best wishes

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Re: [REQ] http://forexmillionairecode.mt4live.com

 

 

this programs is not work. this stament is not real.

 

Yes it does work but it needs to be decompiled and the Serial Number protection removed. After this is done we can backtest and demo it live. It appears that it only works on "expected" rangebound" pairs like EURCHF, EURGBP, AUDNZD etc. Timeframe could be M15 or higher since it does not trade that often and it appears from the report it is not time restricted to the Asia session. If somebody could decompile it since it was compiled with version 224 we can then do more analysis on it.

 

Best wishes.

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Re: [REQ] http://forexmillionairecode.mt4live.com

 

 

Thank you for the decompilation DrForex. It looks like this EA is a sold as ForexMillionaireClub EA but it is Forex Meta Robot. So the scam seller is selling the EA pretending that the the demo account is traded by this EA. Looks like we need to find out who sells the real EA and get it. Anyone has a clue from where the real EA originates?

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Re: [REQ] http://forexmillionairecode.mt4live.com

 

So what's the best setting for it?

 

the forexmillionairecode seems to work on audnzd, eurogbp and eurochf

 

while the forexmetarobot works on eurocad only.

 

is it the setting difference or what?

FMR Lightning works on many currency pairs

GBPAUD or EURAUD EURNZD or GPBNZD EURCHF EURGBP

 

how about their optimised setting?

Indo-Investasi Rocks
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Re: [REQ] http://forexmillionairecode.mt4live.com

 

Just ran a back test from the beginning of 2009 to todays date, "see post date in the corner". Results are ridiculous too good to be true. Starting February the results have kinda lost momentum. Is it to late for this EA? Apparently the market has changed and im not sure what kind of pattern this like to trade.

 

Results are with aud/nzd on the M1 TF. I used IBFX demo w/ $2000 usd starting capital. The modeling quality was only 25%, its the best i could get for this pair with IBFX.

 

 

http://i170.photobucket.com/albums/u251/rkinman/forex/Picture3.png

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