crushbeat Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA hello forexwala, how long have u been using this ea? how can it cut 50% ur balance? thanks Quote Link to comment Share on other sites More sharing options...
execution Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA I used this in my real account and it closed all my trades, I lost 50% of my account balance...This must be a serious flaw or a prank by the creators...Do not use it on real accounts unless you test it on a demo account... SN edit: added colour. a vital message to heed. i have posted earlier that my trades have also been closed on a demo account. i got the ea working and it started making profits and suddenly it stopped and closed all my trades. it was an account on fxdd and the ea opens many trades pip after pip it moves. i agree that you can loose 50% in a blink :?: Quote There is no delight in owning anything unshared Link to comment Share on other sites More sharing options...
crushbeat Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA hello, how long have u been using this ea? Quote Link to comment Share on other sites More sharing options...
fxeasy5 Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA I used this in my real account and it closed all my trades, I lost 50% of my account balance...This must be a serious flaw or a prank by the creators...Do not use it on real accounts unless you test it on a demo account... SN edit: added colour. a vital message to heed. I tested a decompiled version of this EA (download from another forum) and first thing it does when attached to any account: It closes all open trades on the platform on all currencies. It does not accept any other positions, manually entered or from another EA. It just closes them. Then it opens 2 trades and closes them immediately with loss because of the spread. After that it opens positions and usually it makes profit, but the floating losses are there. Sometimes the floating P/L is less than the closed profits, most of the times it is bigger. I stopped forward testing it because it did not give the impression that it will be profitable. But as usual the sellers claim at least 100% profits monthly. Their website is a big mess, sales were open then suddenly closed and I was wondering how anybody could not ruin an account funded with $50 with this beast. The decompiled version I tested had errors inside too. I threw it in the recycle bin . Maybe it was not the correct code. Quote Link to comment Share on other sites More sharing options...
crushbeat Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA so fxeasy5, youre saying tat the ea is not original? I have same experience with u with this ea.. how much balance do you use? and the lot? wat broker do u use? thanks Quote Link to comment Share on other sites More sharing options...
dihanis Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA I was try in Demo but it really working. What wrong if apply in Real ac, anybody can share the opinion in this matter. ;)) :-? Quote Link to comment Share on other sites More sharing options...
litxus82 Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA If you read the seller page it says somewhere that EA was stolen and decompiled but luckily not all of the source code. Could this be the original, I'm not sure. I backtested the version available here and it looks somewhat similar to flatCatcher from fibolab.com , which trades like crazy but dd 50% and profit not so great. I wouldn't use this EA on my live account or at least the version here unless you have plenty of cash and use smallest lots possible. Quote Link to comment Share on other sites More sharing options...
fxeasy5 Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA crushbeat, I have stopped forward testing weeks ago. It was too frustrating. We would need comments from somebody who signed up and paid for this EA, but the fellow who claimed that he did that is not willing to share . I don´t understand why. Maybe he is one of the sellers. All I can say : I don´t trust the decompiled EA and I don´t trust the sellers. Quote Link to comment Share on other sites More sharing options...
ForexWTS Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA so fxeasy5, youre saying tat the ea is not original? I have same experience with u with this ea.. how much balance do you use? and the lot? wat broker do u use? thanks I have the same experience with you Bro. :)) Previously I used the decompile Version, and my account MC. then... I am curious about the EA_HGNR, so I order directly to the source, finally I got the latest version. only 2 weeks until now I have been profit almost 130%. I recommend that you use the original one, may be they use a very good protection,.. I tried to decompile but always failed... :( I just read on their site news, HGNR has the latest Version named EA_HGNR_TURBO, it can be used for all brokers.. i wish to use it on my own broker :) ...wish me luck bro... BTW, tomorrow I will upload my detailed statements here, may be useful for you all ....hehehe Quote Link to comment Share on other sites More sharing options...
alvinl Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA crushbeat, I have stopped forward testing weeks ago. It was too frustrating. We would need comments from somebody who signed up and paid for this EA, but the fellow who claimed that he did that is not willing to share . I don´t understand why. Maybe he is one of the sellers. All I can say : I don´t trust the decompiled EA and I don´t trust the sellers. I am one of the member who signed up and it is very sad that in just 2 days my real account lost $900+ with a capital of $4000, I said I had enough and then they don't pay the insurance loss, so I have stop using them. Be very careful, this thing is worse than a bitch! Quote Link to comment Share on other sites More sharing options...
litxus82 Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA alvinl, Can you give some more details about your experience? Or maybe a trade statement? Maybe you used the version here as that one is not good at all (remember pipsleader)? Quote Link to comment Share on other sites More sharing options...
fxeasy5 Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA I am one of the member who signed up and it is very sad that in just 2 days my real account lost $900+ with a capital of $4000, I said I had enough and then they don't pay the insurance loss, so I have stop using them. Be very careful, this thing is worse than a bitch! Thank you for sharing this information. It is a tragedy. They promote a desastrous EA and they don´t keep their word. There is only one word which comes to my mind: Fraud . Quote Link to comment Share on other sites More sharing options...
San4x Posted February 11, 2010 Report Share Posted February 11, 2010 Re: High Gain No Risk EA I am one of the member who signed up and it is very sad that in just 2 days my real account lost $900+ with a capital of $4000, I said I had enough and then they don't pay the insurance loss, so I have stop using them. Be very careful, this thing is worse than a bitch! So I guess you got your money back, including the loss? Quote from website: No Risk, because with full confidence and responsibility we provide reimbursement up to 100% of the total loss caused by the use of Robots that we provide. Quote Thanks for the kudos...much appreciated! Link to comment Share on other sites More sharing options...
alvinl Posted February 12, 2010 Report Share Posted February 12, 2010 Re: High Gain No Risk EA So I guess you got your money back, including the loss? No, I did not get any of the money back, they did not honor their words, they are not going to pay, they will not! Why would they pay? The term they mentioned NO RISK, is absolutely wrong! It is not high gain no risk, but no gain high risk. I take it as a loss and a well lesson learned, and I got to move forward, to keep learning. I am writing this not to spoil the spirits of fellow traders, but simply to remind not to be the next prey as I am. Quote Link to comment Share on other sites More sharing options...
saragosa Posted February 12, 2010 Report Share Posted February 12, 2010 Re: High Gain No Risk EA i told u before, i got mc with highgainnorisk, they dont refund my money stay away from it. ITS ABSOLUTELY SCAM f*** U HIGHGAINNORISK Quote Link to comment Share on other sites More sharing options...
crushbeat Posted February 12, 2010 Report Share Posted February 12, 2010 Re: High Gain No Risk EA hello saragosa, how much money do u use? and how many lot? please kindly inform us... thanks Quote Link to comment Share on other sites More sharing options...
saragosa Posted February 12, 2010 Report Share Posted February 12, 2010 Re: High Gain No Risk EA hello saragosa, how much money do u use? and how many lot? please kindly inform us... thanks i use insta broker.ea always use 0,01 lot, but open so many position. im starting with 200 dolars + 50 bonus, its give profit 17 dolars for first month, but the second month my account blow up, i always chat with support for refund my account. but they always hide and never answer my question. stay away from highgainnorisk Quote Link to comment Share on other sites More sharing options...
joe_forex Posted February 12, 2010 Report Share Posted February 12, 2010 Re: High Gain No Risk EA Yup, this thing happens to my account too. I deposit with usd400 + bonus usd100 (insta). Using the HGNR EA on their VPS, my acc blow just within 7 days of trading...now only left 0.03..dammnn! I claimed for the insurance and they said that it will take 14 days to settle...but now almost 2 months since I claim..i just got nothing!! what a loser.. so please guy be careful...they don't even honest with their client..1 cannot even contact them anymore...always offline! Quote Link to comment Share on other sites More sharing options...
San4x Posted February 12, 2010 Report Share Posted February 12, 2010 Re: High Gain No Risk EA I have the same experience with you Bro. :)) Previously I used the decompile Version, and my account MC. then... I am curious about the EA_HGNR, so I order directly to the source, finally I got the latest version. only 2 weeks until now I have been profit almost 130%. I recommend that you use the original one, may be they use a very good protection,.. I tried to decompile but always failed... :( I just read on their site news, HGNR has the latest Version named EA_HGNR_TURBO, it can be used for all brokers.. i wish to use it on my own broker :) ...wish me luck bro... BTW, tomorrow I will upload my detailed statements here, may be useful for you all ....hehehe Interesting. We now have several members who lost serious $$, and one who made good profit. Who is telling the truth here? Quote Thanks for the kudos...much appreciated! Link to comment Share on other sites More sharing options...
fxeasy5 Posted February 12, 2010 Report Share Posted February 12, 2010 Re: High Gain No Risk EA I assume that a seller (or more) have sneaked into this forum to promote their EA. They claim that they made good profits but don´t show proof. I believe those who lost their money and did not get their money back. They could show their proof too, e.g. conversations with the support, account-statements etc., then we would see what is the matter with this high risk no refunds no honored guarantee thing. Quote Link to comment Share on other sites More sharing options...
trading Posted February 13, 2010 Report Share Posted February 13, 2010 Re: High Gain No Risk EA i use insta broker.ea always use 0,01 lot, but open so many position. im starting with 200 dolars + 50 bonus, its give profit 17 dolars for first month, but the second month my account blow up, i always chat with support for refund my account. but they always hide and never answer my question. stay away from highgainnorisk What a lesson dude... this what i called high risk no gain... X_X Quote Link to comment Share on other sites More sharing options...
stovedude Posted February 18, 2010 Report Share Posted February 18, 2010 Re: High Gain No Risk EA I've signed up for this EA also. Waiting for my acct to finish funding. Looks like I need to put it on demo for awhile. They've changed owners now to Edward Chambers (??). Maybe good, maybe worse. Who knows? I'm definitely not selling anything here. I'll let you know if this thing works or not. I know HGNR is goind on many forums posting questions about several EAs and indicators, so that tells you he/she is always looking for the next "best" thing. Makes me nervous! I've tried the decompiled EA too, and it is a definite flop! Quote Link to comment Share on other sites More sharing options...
Cyrillic Posted February 18, 2010 Report Share Posted February 18, 2010 Re: High Gain No Risk EA You gotta love the one post numbers that know names of the company owners and creators of the ea... They say bad publicity is good publicity ;) Quote [spoiler:26ukmy10]Never trust, never fear, never beg[/spoiler:26ukmy10] Link to comment Share on other sites More sharing options...
simoniex Posted February 20, 2010 Report Share Posted February 20, 2010 Re: High Gain No Risk EA I was try in Demo but it really working. What wrong if apply in Real ac, anybody can share the opinion in this matter. ;)) :-? all EA is good, only problem is broker. I doubt that MT4 broker is able to do "auto reverse order" on your EA. so beware of MT4 dogs ..lol Quote Link to comment Share on other sites More sharing options...
simoniex Posted February 20, 2010 Report Share Posted February 20, 2010 Re: High Gain No Risk EA u guys never changed the EA name or things inside even u changed it , once u make good profit, broker will detect your EA and hunt you down. ..i think broker already rate this EA in blacklist all EA makes money should be in blacklist, so in a short term, no EA will work if broker cheats. I already give up running EA on MT4. i think those broker who has API auto trading is much solid. MT4 is free chart platform, there needs a payback to be a free, which is a lie to internet users. MT4 platform is designed like a casino, guys. seek for real brokers and trade real forex I had an EA makes 300% in live the 1st month, 2nd month broker detected I watched them f***ing my trades with reversed order and funny different price . the broker is "MIG" i have right to say their bad name because they cheated me. so if u want to know the differnce between demo and live, please run live and demo at the same time, why live and demo different it's not because live is very GOOD or HANDSOME , it's just because they do tricks on your EA which is different than your demo EA I know some big investors with big programmer, they also give up with mt4, they are making well profits through API broker. SO MY GOLDEN KNOWLEDGE TO U! As my knowledge, there might be two kind brokers 1) non-bank connected brokers - most the mt4 but not all (works like big daddy casino) 2) bank connected brokers - like citiprofx and barclay bank broker, they are real forex has huge lots of size trading. which is not enough for you to do money management in crisis. (bank buys or sell to move the price little bit) FIRST RULE : FIND AN HONEST BROKER, WHICH I CANNOT FIND ANY IN MT4 ARENA Quote Link to comment Share on other sites More sharing options...
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