bobtom55 Posted February 20, 2010 Report Share Posted February 20, 2010 Re: High Gain No Risk EA All you have to do is find a Broker that does not trade against you. Then they do not care if you win or lose with an EA. They do want you to win....so you will keep trading. They make money every time you place a trade(Pip Spread). They love Scalpers(who place many trades). I am not endorsing this or any EA.....as I personally have not found an EA that is profitable with Real Money in the long run. Quote Link to comment Share on other sites More sharing options...
netpreneur Posted February 24, 2010 Report Share Posted February 24, 2010 Re: High Gain No Risk EA All you have to do is find a Broker that does not trade against you. Then they do not care if you win or lose with an EA. They do want you to win....so you will keep trading. They make money every time you place a trade(Pip Spread). They love Scalpers(who place many trades). I am not endorsing this or any EA.....as I personally have not found an EA that is profitable with Real Money in the long run. shall using an ecn/ndd brokers solve the prob? Quote Link to comment Share on other sites More sharing options...
bobtom55 Posted February 24, 2010 Report Share Posted February 24, 2010 Re: High Gain No Risk EA Yes, that solves the problem. The broker makes the Pip Spread every time you trade. They want you to win....only because they want you to keep placing trades. Win or Lose the Broker always gets the Pip Spread(he profits no matter what). If you blow out your account then he no longer makes the Pip Spread off of you. Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 4, 2010 Report Share Posted April 4, 2010 Pure Scam, Live statements are Fabricated. Just an update guys, all the "Live Statement" on the website are fake, look at the URL, its hosted on their own domain. Also its been verified with MT4Live, that those are fake statements. So this is a blatant scam, these people are very dangerous. Quote Link to comment Share on other sites More sharing options...
synergy Posted April 4, 2010 Report Share Posted April 4, 2010 All you have to do is find a Broker that does not trade against you. Then they do not care if you win or lose with an EA. They do want you to win....so you will keep trading. They make money every time you place a trade(Pip Spread). They love Scalpers(who place many trades). I am not endorsing this or any EA.....as I personally have not found an EA that is profitable with Real Money in the long run. There is another way to overcome this - only MANUAL TRADE. Or run the EA on demo and MANUALLY enter trade on real account. Quote Link to comment Share on other sites More sharing options...
stovedude Posted April 6, 2010 Report Share Posted April 6, 2010 I agree with jamestan. Their mt4live statements are fake. If you delete the highgainnorisk.com from the URL, the MT4Live website pops up with a login only, so it doesn't recognize that username. Also, the google ad that normally appears on the MT4Live statements is on the HGNR statement, BUT (and a BIGGGG BUTTTTT!) if you move your mouse over it, you cannot click on it. It's only a picture, not a clickable ad!! Obviously, they used an HTML editor and copied the page, installed their own code, and pasted it to their website. They even have the refresh, but I also noticed they don't have the Copyright in the bottom left either. They also don't publish the open trades, so using an EA to pick and choose trades on history and then publishing would be very easy. Pretty sneaky. I'm still waiting delivery of their "EA", but nothing so far. Good thing I only had to pay $18 for their VPS service. They're supposed to make money from the trade commissions, but now they are charging $200-$300 per month for the license. What I don't understand is how long they expect to keep the fantasy going if they blow people's account in a few days. They would indoubtedly cancel their subscription after the first month, and then blast them on the forums like we saw before. Unless they plan to either retire or go on to some other venture under a different name after the first month or two, I fail to see the advantage in this kind of behavior. That's the problem with the internet, too much info about the wrong stuff and not enough about the truth. Seems like somebody is controlling the info out there. Quote Link to comment Share on other sites More sharing options...
Has Posted April 6, 2010 Report Share Posted April 6, 2010 Hello everyone, Dont wast your time with this so call EA, its gona give you nothing but trouble. You could have closed winning trades lets say +$4000 for 7 days but at the same time your nagative float could be as much as -$6500, the site is total scam, evern if they refund you the loss your nagative floate is not going to be refiund as they cound it as UNCOMPLETED trades. Listen guys dont wast your time and money, ok if you loos money you could try and earn it but what about your time thing about it. It is total scam. Now lets not be lazy and rely on ea, manual trades are far batter you are total control of all trades, I sujest you find a realy good system like FXBOOM, BOSS and I promiss you within a year or so you will forget about EAs and you will say to your self why did I wast all that time for no good EA. By the way this advise is free of charge. Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 8, 2010 Report Share Posted April 8, 2010 its very easy how they earn money the collecting 5000 license so 5000x200 that is $100k! thats super good money for a scam! after that they disappear.... Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 8, 2010 Report Share Posted April 8, 2010 I am curious how the floating loss will appear as it seems they have stoploss of 15pips for the so called new version. are you using their older version or something? I agree with jamestan. Their mt4live statements are fake. If you delete the highgainnorisk.com from the URL, the MT4Live website pops up with a login only, so it doesn't recognize that username. Also, the google ad that normally appears on the MT4Live statements is on the HGNR statement, BUT (and a BIGGGG BUTTTTT!) if you move your mouse over it, you cannot click on it. It's only a picture, not a clickable ad!! Obviously, they used an HTML editor and copied the page, installed their own code, and pasted it to their website. They even have the refresh, but I also noticed they don't have the Copyright in the bottom left either. They also don't publish the open trades, so using an EA to pick and choose trades on history and then publishing would be very easy. Pretty sneaky. I'm still waiting delivery of their "EA", but nothing so far. Good thing I only had to pay $18 for their VPS service. They're supposed to make money from the trade commissions, but now they are charging $200-$300 per month for the license. What I don't understand is how long they expect to keep the fantasy going if they blow people's account in a few days. They would indoubtedly cancel their subscription after the first month, and then blast them on the forums like we saw before. Unless they plan to either retire or go on to some other venture under a different name after the first month or two, I fail to see the advantage in this kind of behavior. That's the problem with the internet, too much info about the wrong stuff and not enough about the truth. Seems like somebody is controlling the info out there. Quote Link to comment Share on other sites More sharing options...
traderforex88 Posted April 8, 2010 Report Share Posted April 8, 2010 If you want a good trading system, just go to beatsforex*com, it's product is good for many people. They also offer FREE EAs without charge anything. Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 12, 2010 Report Share Posted April 12, 2010 so far anyone used the latest version, the website said its sold 5018 copies! Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 13, 2010 Report Share Posted April 13, 2010 I guess curiosity gonna kill me this time. since did not hear much about it here on the new version with 15pips stoploss i have decided to signup and see how it goes... gambling my 149 away... Quote Link to comment Share on other sites More sharing options...
pro Posted April 14, 2010 Report Share Posted April 14, 2010 How much is 5000x200?? Do the math again..... Quote Link to comment Share on other sites More sharing options...
favoured111 Posted April 14, 2010 Report Share Posted April 14, 2010 jamestan1978 Please can you share it with us Will be helpful Thanks Quote Link to comment Share on other sites More sharing options...
litxus82 Posted April 14, 2010 Report Share Posted April 14, 2010 If anybody have this EA, can you please post the results so to see if it is real? Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 15, 2010 Report Share Posted April 15, 2010 still having the vps setup. i do not have much hope though. think about it if its so good why would they wana sell. I am going to demo it for 1 month if good go live else ask for refund Quote Link to comment Share on other sites More sharing options...
stovedude Posted April 17, 2010 Report Share Posted April 17, 2010 I am curious how the floating loss will appear as it seems they have stoploss of 15pips for the so called new version. are you using their older version or something? I'm in the same boat with you. I signed up for this thing, but I'm still waiting for the EA. I paid for the VPS also, but no news. EA looks too good of course, and the live statement is hosted only on their site, which is a questionable copy from mt4live. Before, their EA showed almost 0 losses, and they didn't show any open orders at all. Now they show the 15pip SL hit occasionally, perhaps to show us some bit of reality to take the bait, but I still have no idea if this thing is real. They said we can demo it, so that would be the next step, if they actually deliver. What I don't get is why the people who stated that it blew their account disappeared just as fast as they appeared. If it blew my account, I wouldn't stop screaming. Also, if it actually was real, I wouldn't stop screaming as well. We suffer from the lack of info either way. Quote Link to comment Share on other sites More sharing options...
litxus82 Posted April 17, 2010 Report Share Posted April 17, 2010 I'm still waiting for vps and EA also. At first when I bought it owners changed, then vps and EA was promised later at about March 31st, then about April 17th, and now coming Monday on the 19th so will see if I get it. Off course, demo will be first and will share my results here once I have it. Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 18, 2010 Report Share Posted April 18, 2010 Gotten my EA and in the input settings its really 15pips stoploss. And it will only start trading tomorrow (monday), backtest is disabled in the EA as it states it uses news as filters for trades. so it does really look like scam. Quote Link to comment Share on other sites More sharing options...
stovedude Posted April 18, 2010 Report Share Posted April 18, 2010 (edited) I signed up when it was free (only when you used InstaForex), so maybe they won't send it to me now unless I pay the monthly fee. We'll see. I can't see how an EA that makes 1000 trades per day could possibly use news. Update: I finally got the EA, but looking at the code, there are no ordersend functions. There is a dll file, but no call for it in the EA. Very strange. It calls many indicators, but does not use them anywhere. Must be missing the major part of the code. Maybe they give you the real EA after setting it up on the VPS. Don't know... Edited April 18, 2010 by stovedude Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 18, 2010 Report Share Posted April 18, 2010 I suspect the EA is traded with the DLL sending signals, something like a signal provider. anyway another possibility is they delay everyone having the EAs until all money are collected and they DISAPPEAR.... Quote Link to comment Share on other sites More sharing options...
stovedude Posted April 18, 2010 Report Share Posted April 18, 2010 Maybe because the dll has the exact name as the EA. I'm not sure if the platform automatically merges them with the same exact name. I know if you have a template with the same name as an EA, it will load the template automatically with the EA. Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 18, 2010 Report Share Posted April 18, 2010 Well i think i am officially CONNED, its a start of a new trading week and no trades. And it really looks like they are giving excuse to wait till they reach their 5000 orders and then disappeared. Clever scam! At least gotta give them kudos for that. Scamming almost 500k or more and theres no way to track them down. Quote Link to comment Share on other sites More sharing options...
stovedude Posted April 19, 2010 Report Share Posted April 19, 2010 Luckily I got in before the subscription fees, but I believe the EA won't trade by itself. It needs something (I suspect the dll file). They told me that they need to install their security software on our VPS before the EA to protect it from hackers. Maybe this includes the missing part of the EA? Or maybe just more delay. Did they install this for you yet? Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted April 19, 2010 Report Share Posted April 19, 2010 Well I used it on their vps. So it should be installed so far 6 hours no trade. Quote Link to comment Share on other sites More sharing options...
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