FX Genius Robot Discussion

[azam575]

Re: FX Genius Robot Discussion

 

 

hi , my brother

 

Sorry for my combination , could you please tell me tvfx 's homepage ?

 

thanks in advacne.

 

http://www.cfd.tradeviewforex.com/account-funding.aspx

[samk090905]

Re: FX Genius Robot Discussion

 

i suspect it's region specific. im in the u.s., and from my understanding those "speeds" for mb trading are excellent; for others this may not be the case.

 

bottom line: i think finding the master isn't the issue; the slave is, right?

 

and how "slow" does a slave have to be? terribly or moderately slow?

 

what is the criteria for a "slave?"

[xos2000]

Re: FX Genius Robot Discussion

 

hi

 

Satefy_Margin = 0;

The robot opens orders when the gap in prices between Master and Slave is big enough, so the trades are safe to open and make profit. Increasing the Safety Margin causes less trades, but more safe and more profitable. This value is in Points, so for brokers with 4-digit quotes its 0, 1, 2, etc. pips. For brokers with 5-digit quotes, like ECN brokers, it’s the fraction of a pip, 0,1, 0,2, etc. If you want to have 1 or 2 pips Safety Margin for ECN brokers, you need to set it to 10, 20, etc. It can be also 0.2, 0.8, 1.5, etc.

 

Have you the same problem that me, it's not possible to modify the safety margin, you can enter 0,1,2,3,..... but 0.1, 0.2, 0.3,...this settings don't work....have you the solution?

 

thanks

[azam575]

Re: FX Genius Robot Discussion

 

fxeasy5,

 

EA that raveman give is a fxirobot 8-) . A latest version of fxgenius for ECN brokers :D

[anzeigenmichel]

Re: FX Genius Robot Discussion

 

fxeasy5,

 

EA that raveman give is a fxirobot 8-) . A latest version of fxgenius for ECN brokers :D

 

 

what makes you there so sure.

 

Ea hardly works. Settings fxirobot with dominic are even more!!!

[rayrwg]

Re: FX Genius Robot Discussion

 

From what i know, FXDD have very good order execution and fast data feed,

I have test it on my live account.

Their demo and live platform are same. (can trade during news ie. FOMC, NFP)

Compare with other broker who give different spread between demo and live platform

but for sure can only be use as master not as a slave

[mike1982]

Re: FX Genius Robot Discussion

 

hitescape,

HI Hitescape

I bought vps from jadefx broker and i tried to setup slave folder in program files folder but i see this erro:

unable to creat new folder:access is denided

 

can we install genius EA in other folder not in program files folder?

how can i resolve this problem

 

thanks.

[hitescape]

Re: FX Genius Robot Discussion

 

mike1982, What version of windows are you using? If you are using Vista or Windows 7 you may have to change permissions on yje program folder and sub-folders. I'm not an expert on that so maybe others can offer solutions.

[xos2000]

Re: FX Genius Robot Discussion

 

i seen that fxirobot trade with edge cm on slave broker but i read on 'open live account form' :

 

15.6 Internet connectivity delays and price feed errors sometimes create a situation where the prices

displayed on our Trading Station do not accurately reflect the market rates. We do not permit the practice

of arbitrage and “scalping”, or taking advantage of these internet delays, on our Trading Station.

Transactions that rely on price latency arbitrage opportunities may be revoked. We reserve the right to

make the necessary corrections or adjustments on the account involved. Accounts that rely on arbitrage

strategies may at our sole discretion be subject to dealer intervention and dealer approval of any orders.

Any dispute arising from such quoting or execution errors will be resolved by us in our sole and absolute

discretion.

[fxeasy5]

Re: FX Genius Robot Discussion

 

fxeasy5,

 

EA that raveman give is a fxirobot 8-) . A latest version of fxgenius for ECN brokers :D

Even the very first GeniusEA was a "version for ECN brokers".

The promised "ECN version of Genius or iRobot" has not been released yet.

 

In the meanwhile there are modified GeniusEAs around, some have the option to place limit-orders.

I tested one and it is not profitable.

 

If anybody gets profits on his live-account ( live = not demo, but real money ),

please show us your mt4stats.

Not fake stats like Dominic the scammer is showing.

[qingyang2005]

Re: FX Genius Robot Discussion

 

thanks to azam575 & arthursyd for your kind replies .

 

AnyOne has interactivebrokers's demo account ?

I'd like to make it as master mt4 , anyone who can share one to me please PM to me ?

Many thanks in advance.

Best Regards .

 

QingYang

[bratt]

Re: FX Genius Robot Discussion

 

hitescape,

HI Hitescape

I bought vps from jadefx broker and i tried to setup slave folder in program files folder but i see this erro:

unable to creat new folder:access is denided

 

can we install genius EA in other folder not in program files folder?

how can i resolve this problem

 

thanks.

 

mike, you probably need help from Jade if you subscribe to a VPS that they operate.

First off, try to see if you can get Metatrader to run with administrator privileges. Try to contact Jade VPS staff about this ;)

 

regds. Bratt.

[fxeasy5]

Re: FX Genius Robot Discussion

 

Just heard that FIGFX is banning traders who use the GeniusEA and other arbitrage-EAs

and will not refund them.

 

They are talking about Gap-trading EAs too.

Dominic the scammer has 2 EAs :

Genius and his "Holy Grail"= Gap-trading .

 

The whole story about GeniusEA is this:

Dominic made good profits on some live-accounts until the profitable brokers banned him.

Instead of accepting that no money can be earned on live-accounts with the GeniusEA,

he decided to cheat others by selling them the GeniusEA.

 

Now he is dragging people along with the "ECN-version", but last word I got from him is

that he was not able to make it profitable on live-accounts and still needs more time ( soon = 4 months , he has a different understanding of time ) to change the code and find a way to get profits

on ECN-brokers.

 

From the website of FIGFX:

FIGfx accepts scalpers and scalping as a trading strategy.You can use scalping as a trading strategy with no restrictions of any kind, you are most welcome to scalp with FIGfx.

Arbitrage & Master/Slave EA’s

 

All expert advisers working with pip arbitrage techniques will result in your trading account being banned. FIGfx does not welcome cheaters and anyway using any technique or trading strategy. If your expert adviser is setup to steal prices from one source and execute orders based on those, please be kind to remove it from your account now as it will result in your account being banned.

No refunds will be issued.

4xGreed / Genius / FAPTurbo / IndraFXS / ForexShocker

 

While FIGfx allows scalping,we still prevent some expert advisers than are being spread on the market as millionaire makers. Please make sure your expert adviser does not overload the server with orders, rely on market gaps, trade inappropriate price jumps and/or use any other cheat methods before you implement on a real account.

 

Please notice that 4xGreed, Genius, Kaprit/Pacul, ForexShocker and all other arbitrage EA’s are strictly prohibited and will result in your account being banned, with no refunds. Aggressive EA’s that send tens/hundreds of orders per minute are also prohibited for violating the fair-use policy of our trading servers as well as aggressive pre-fundamental pending orders.

[micutzu]

Re: FX Genius Robot Discussion

 

i`ve used this on a demo account(contest account) .. and my account was suspended :))

[LuckyLike]

Re: FX Genius Robot Discussion

 

I had an live account managed by a guy, who used this or a similar EA (allegedly his own creation).

After some research we found forex-mmcis.com as a right slave, so I opened an account there.

Using this EA, the account went up from 800$ to about 2200$ within 8 hours.

Guess what happened? In the late afternoon of that day, the account could be logged in for 1 hour, and after that I found it reset to it´s original value. However I didn´t receive and message by the broker, pointing out the practice.

It was useless to try it again, so I withdrew the money and closed the account.

Anyway, such unregulated scam brokers are not recommended for any sort of trading, even manual trading. Broco is the same, keep your hands off!!

I gave a try to a regulated broker FXPulp. They appear to be honest, but after a while they start to requote and delay. Also in their T&Cs they clearly say, that they can implement any measure, when it is deemed to be necessary. However the measures are always made to keep customers from making profits, what a miracle?

 

I guess searching for a suitable Master/Slave combo is wasted time, since no broker will accept this sort of trading.

[leefx007]

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.

[leefx007]

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.

[leefx007]

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!

[LuckyLike]

Re: FX Genius Robot Discussion

 

3 posts with what can be said in 2 sentences.

This is what blows this thread - everyone talkes about that, but no one obviously found a good slave/master combo, or those who found, wouldn´t publish it, ´cause they´re afraid of too many trading at these brokers with this EA will spoil the result.

 

Yes, ECN is the right solution. I demoed several of them, and the very, very simple result is, that ECN brokers have the best and fastest feeds, so they´re not usable as slaves. The right slaves are those bucket shops with bad servers/bad and slow connection, but as we found here, they´re the cheating ones.

 

May be we should face the fact, that this EA, though being a good idea, is not to be used for trading. Again the very simple truth must be faced with - if this EA or principle would be that succesfull, the creator (Dominic) wouldn´t sell it. But as written earlier here, after an initial period of good profits he knew, that suitable slave brokers won´t accept this and that´s why he wan´t to "extend" the profits by selling it for a terrible price.

Good idea, indeed, first make profits, and when the EA became scrap, try to sell it.

 

This is very simple, and no need to write around thise with diffuse never ending posts.

[leefx007]

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.

[LuckyLike]

Re: FX Genius Robot Discussion

 

Are you Dominic?

 

You´re doing the same like him, talking about profits, but fail to tell me one (or 2) suitable ECN-brokers, which can be used as slave brokers.

I remember mailing to Dominic, and he really assumes, that there are morons (like him), who pay 2000$ and being told "search for a suitable broker yourself". Who the hell is so stupid?

Just, instead of inflating this thread with useless offenses, tell us, the community, which ECN-broker(s) you´re using, and post some statements, too. Or tell us about people, who are succesfully using this or similar EAs.

Failing to do so will confirm, what I told before.

[micutzu]

I've tried this EA about a month ago, the Master is GOMARKET, SLAVE is EXNESS which is the one in my signature, it's working.

 

However the result is not consistent, the number one reason for that in my obersvation is that even though the price moverment transfered by the master is little bit earlier than the slave, yet at the time it open trades from those signals using the ordinary buy or sell orders, it almost always will receive a error openning trade alerts, indicating something like the price has already changed and can't be openned.

 

The interesting things is not all the trades will be turned down by the server, and during that time I noticed that the trades were opened and closed super fast, resulting in most losing trades, if it can wait for a little bit, most of the trades will be profitable.

 

I have to admit that the concept is really brilliant as I learned a lot from this way of trading.

 

Therefore I made some changes to the EA and the concept is not MASTER and SLAVE now, its just a normal EA, but I learned from the concept that only when there is a sudden movement of the price, and you have a stop order already placed up or below the current quote instead of the buy and sell order, you will make some quick cash from it on a very consistent basis. The fxbrokerbuster is also like this way of trading, but it's concept is waiting and hoping for the losing trade to become winning trade at times when the trade goes against it, and that is not to my liking. I like the Dominic's way of tight stop loss and get out the market as quickly as possible with small profit. Trade as much and as often as possible, as long as the preset trading conditions were met.

 

So, in my opinion, the key to success is High Frequency Trading, as everyday I will place somewhere around 500 to 3000 trades, some of them will be losers, some of them will be winners, but at the end of the day, the amount generated from all of these trades will always be greater than the previous day.

 

And now I enjoy approximately 2-10% growth every single day trading EURUSD only for the past 30 days or so, and I'm very happy to say that its a kind of consistent return I never experienced before in my over 10 years of stocks trading endeavour.

 

Thanks Dominic for the brilliance idea and the whole community here in indo-investasi for the greatest forex forum I ever come accross.

 

 

can you share with us your EA?

[fxeasy5]

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.

Hello Dominic,

instead of lying to people like that,

just show us your live-account where you make "tons of money" with your GeniusEA or iRobot

or whatever you use.

Fact is that your crap does not work, especially not when you use ECN as slave.

I ( and many others) have tested numerous combinations and we became millionaires within hours on demo-accounts, but it never worked on live-accounts.

Think about it.

 

You never showed a profitable live-account although you were asked by many for months.

Because you have none.

Your business-model was described before: finding people who would send you 2k for your worthless robot and bashing them and calling them "lazy and greedy" people .

Not to mention that your "live-accounts" shown on your website from GCG-scam-broker

where your "friends" and you were getting rich, is nothing than fraud.

 

And on top if all: you never sent the promised "ECN-version" of your worthless iRobot .

Why ?

According to your own words: because you could not twist it to become profitable on live-accounts, only on demo it shows minimal profits.

 

What is your mission here ?

You have stolen a lot of money from your buyers.

How about turning around and refunding them ?

 

It should be no problem for you, since you are earning millions on GCG with your GeniusEA, right ?

 

Or you tell your buyers what broker combinations they should use, so they can recover the 2k they spent to a scammer.

 

@profittaker,

if it is true, then I am sorry to say that not many know how to code an EA and implement

your strategy (which they don´t know ).

Do you have mt4stats for your account ?

Would love to see it.

[anzeigenmichel]

Hello Dominic,

instead of lying to people like that,

just show us your live-account where you make "tons of money" with your GeniusEA or iRobot

or whatever you use.

Fact is that your crap does not work, especially not when you use ECN as slave.

I ( and many others) have tested numerous combinations and we became millionaires within hours on demo-accounts, but it never worked on live-accounts.

Think about it.

 

You never showed a profitable live-account although you were asked by many for months.

Because you have none.

Your business-model was described before: finding people who would send you 2k for your worthless robot and bashing them and calling them "lazy and greedy" people .

Not to mention that your "live-accounts" shown on your website from GCG-scam-broker

where your "friends" and you were getting rich, is nothing than fraud.

 

And on top if all: you never sent the promised "ECN-version" of your worthless iRobot .

Why ?

According to your own words: because you could not twist it to become profitable on live-accounts, only on demo it shows minimal profits.

 

What is your mission here ?

You have stolen a lot of money from your buyers.

How about turning around and refunding them ?

 

It should be no problem for you, since you are earning millions on GCG with your GeniusEA, right ?

 

Or you tell your buyers what broker combinations they should use, so they can recover the 2k they spent to a scammer.

 

@profittaker,

if it is true, then I am sorry to say that not many know how to code an EA and implement

your strategy (which they don´t know ).

Do you have mt4stats for your account ?

Would love to see it.

 

yes!!!

i had 800 dollars loss with GCG- The super scam broker!!!!!!

[winkannaa]

@profittaker

 

Can u share the modified ea