Trial1 Posted June 2, 2010 Report Share Posted June 2, 2010 This must be the best EA, but not cheap to buy. Anyone have it? They prove it with real money, see on myfxbook. http://www.metatrader-experts.de/profitable-metatrader-handelssysteme-eas-zum-verkauf/magicchampiiexpertadvisor.html Quote Link to comment Share on other sites More sharing options...
JasonKwok Posted June 2, 2010 Report Share Posted June 2, 2010 I do not think those results are real money account. Strategy Tester is back test result. Quote Link to comment Share on other sites More sharing options...
Trial1 Posted June 2, 2010 Author Report Share Posted June 2, 2010 http://www.myfxbook.com/members/LiveTrading Here you can find live trading results. Anybody has to share? Quote Link to comment Share on other sites More sharing options...
⭐ fxknight Posted June 2, 2010 Report Share Posted June 2, 2010 This EA is a disaster waiting to happen. Look at the trade size that it is placing. It starts with 0.20-0.30 lots and then if it gets it wrong it puts 1.50-2.20 lots to make up for it. I would recommend sleeping well at night and staying away from waking up to a disaster one rainy morning ;) Cheers Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted June 2, 2010 Report Share Posted June 2, 2010 over a 10 year test it doesnt f*** up. it uses pretty tight stops so if it doesnt work the damage is limited. Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
forexmacc Posted June 2, 2010 Report Share Posted June 2, 2010 I have to admit that this is the best EA for sale I've ever seen and I'm monitoring it from few weeks. Quote forexmacc.mt4live.com Link to comment Share on other sites More sharing options...
Trial1 Posted June 3, 2010 Author Report Share Posted June 3, 2010 Agree Forexmacc, very good and stable results, but who wants to pay such large amount for a licence...and afterwards sharing it in this group. I think we can wait long for that. Quote Link to comment Share on other sites More sharing options...
ramliam Posted June 3, 2010 Report Share Posted June 3, 2010 Agree Forexmacc, very good and stable results, but who wants to pay such large amount for a licence...and afterwards sharing it in this group. I think we can wait long for that. how much it cost? ramliam Quote Link to comment Share on other sites More sharing options...
forexmacc Posted June 4, 2010 Report Share Posted June 4, 2010 1000 eur/year. It ain't cheap but I prefer 1x1000 that works than 10x97 that only lose. Quote forexmacc.mt4live.com Link to comment Share on other sites More sharing options...
acosma Posted June 4, 2010 Report Share Posted June 4, 2010 (edited) Let's going to find ten people on this forum and each one put 100eur, purchase the ea and then educate it for everybody :-) SN - Organising of collective purchases are not allowed to be discussed on the forum. Any organisation must be done via PM. Edited June 5, 2010 by Stormin_Norman Quote Link to comment Share on other sites More sharing options...
favoured111 Posted June 4, 2010 Report Share Posted June 4, 2010 Brothers, Please share. This is amaizing. Thanks Quote Link to comment Share on other sites More sharing options...
Trial1 Posted June 7, 2010 Author Report Share Posted June 7, 2010 Come on boys, let's share this great EA.... Quote Link to comment Share on other sites More sharing options...
acosma Posted June 7, 2010 Report Share Posted June 7, 2010 (edited) maybe I'm wrong but actually I don't think there is anyone here that he got it. if someone got it, I think he wouldn't be here, but only trading with this ea and make profits..... Edited June 7, 2010 by acosma Quote Link to comment Share on other sites More sharing options...
pingo Posted June 7, 2010 Report Share Posted June 7, 2010 you are right acosma i allready have this ea :) but i dont know why anyone who has bought it should share it??? buy it and enjoy it in silence. i have invested 990€ for a one year license to test it mid of january and started with 5.000€ ... right now i have 7.800€ with only 3% risk per trade ... take a look at this http://www.myfxbook.com/members/Nokinger/inobo/16086 they only trade this ea on their depot. dont forget the fact, that the ea is dll protected. if you want to trade it, i think you will have to buy it. Quote Link to comment Share on other sites More sharing options...
⭐ fxknight Posted June 7, 2010 Report Share Posted June 7, 2010 This EA is being hacked as I am posting this on the FX-Open russian forum. There are a lot of good hackers working on it. Funny thing that these developers think that a DLL is preventing good hackers from seeing what's inside the DLL. The Warez DLL Inspector fully decompiles the DLL and give the hacker the source code so it is easy to follow from that point. Even the virus envelopment protection does not present a huge challenge any longer. All one needs is a a valid key for the EA+DLL and the rest will become history ;) I will keep an eye on the forum thread and post the educated EA as soon as it is available. Cheers shag1, pro and Trial1 3 Quote Link to comment Share on other sites More sharing options...
robbye67 Posted June 7, 2010 Report Share Posted June 7, 2010 http://forexsystems.ru also have a hospital for things like this. Quote Link to comment Share on other sites More sharing options...
pro Posted June 7, 2010 Report Share Posted June 7, 2010 you are right acosma i allready have this ea :) but i dont know why anyone who has bought it should share it??? buy it and enjoy it in silence. i have invested 990€ for a one year license to test it mid of january and started with 5.000€ ... right now i have 7.800€ with only 3% risk per trade ... take a look at this http://www.myfxbook.com/members/Nokinger/inobo/16086 they only trade this ea on their depot. dont forget the fact, that the ea is dll protected. if you want to trade it, i think you will have to buy it. This "live" myfxbook account is NOT verified and broker hidden.... smells fishy Quote Link to comment Share on other sites More sharing options...
San4x Posted June 7, 2010 Report Share Posted June 7, 2010 This EA is being hacked as I am posting this on the FX-Open russian forum. There are a lot of good hackers working on it. Funny thing that these developers think that a DLL is preventing good hackers from seeing what's inside the DLL. The Warez DLL Inspector fully decompiles the DLL and give the hacker the source code so it is easy to follow from that point. Even the virus envelopment protection does not present a huge challenge any longer. All one needs is a a valid key for the EA+DLL and the rest will become history ;) I will keep an eye on the forum thread and post the educated EA as soon as it is available. Cheers I've searched for the thread...could not find it. You sure it was FX-Open? Can you share link so I can follow? Cheers, San. Quote Thanks for the kudos...much appreciated! Link to comment Share on other sites More sharing options...
San4x Posted June 7, 2010 Report Share Posted June 7, 2010 This "live" myfxbook account is NOT verified and broker hidden.... smells fishy Pingo == developer ;) Quote Thanks for the kudos...much appreciated! Link to comment Share on other sites More sharing options...
pingo Posted June 7, 2010 Report Share Posted June 7, 2010 even this ea will be hacked. thats for sure. but i am confident with my paid license. i get support, i get updates and i am sure that i have a clean version made by some people obviously understanding something about system trading. as far as i understood, they are preparing an update for existing customers with usd/chf and aud/usd :) but if you have a hacked version i am also interested. i think i can learn a lot about trading. Quote Link to comment Share on other sites More sharing options...
⭐ fxknight Posted June 7, 2010 Report Share Posted June 7, 2010 Pingo == developer ;) Could be so he understands that even the updates are hacked as soon as they are released. Developers have to understand that any copy protection buys a bit of time but that's all. I don't want to post the links here since the forum owners can be assaulted with complains but I checked and it is a FX-open forum. Also Leprecon russian forum has this EA in the works. Not to worry it will be my pleasure to post it here right away for all to use. My personal opinion in advance of its release.. not worth the magnetic particles on the harddrive that it is stored with. It is a ticking time bomb.. but lets see when we get it ;) Cheers derox, fx4a and Trial1 3 Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted June 8, 2010 Report Share Posted June 8, 2010 ill disagree, from what ive seen it has well defined risk and uses two same entries with different exit points. youre just a grumpy old man fxknight ;) Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
⭐ fxknight Posted June 8, 2010 Report Share Posted June 8, 2010 ill disagree, from what ive seen it has well defined risk and uses two same entries with different exit points. youre just a grumpy old man fxknight ;) Time will tell my friend.. I wish I will be wrong! Cheers Quote Link to comment Share on other sites More sharing options...
⭐ fxknight Posted June 8, 2010 Report Share Posted June 8, 2010 To perhaps support my point of view on this EA lets do some forensics on the live trades that the developer posts. Here is the most recent batch on the EURUSD: 06.07.2010 08:15 06.07.2010 08:36 EURUSD Sell 0.30 1.19307 0.00000 1.19285 1.19169 11.6 29.20 06.07.2010 08:15 06.07.2010 08:35 EURUSD Sell 0.50 1.19326 0.00000 1.19285 1.19189 9.6 40.27 06.07.2010 08:15 06.07.2010 08:28 EURUSD Sell 1.90 1.19558 0.00000 1.19285 1.19213 7.2 114.75 This is how this EA works.. he places a batch of trades as the above one. When his dollar profit reaches +1.8% then he closes the basket. When he loses 3.8% he closes the basket. If you add the dollar amounts above (29+40+115=184) and divive by the account value at the time $10150 this gives us exactly 1.8%. Here is a losing trade: 06.01.2010 01:40 06.01.2010 03:00 GBPUSD Buy 2.00 1.45046 0.00000 1.45288 1.45046 -24.2 -394.44 If you take -$394 and divide by $10150 this gives us exactly 3.8% which is his loss amount to exit. Why is this not a great concept afterall? Well simply because if you have many -3.8% losers in a row and at +1.8% win on every batch of trades it takes 2 wins to come back for every loss. Adding the brokers costs and market incidentals (slippage etc) it costs even more to come back. And losses are there for sure, like here: 05.27.2010 04:30 05.27.2010 04:41 EURUSD Sell 0.20 1.22203 0.00000 1.22174 1.22060 11.4 18.68 from #10326897 05.27.2010 04:30 05.27.2010 04:40 EURUSD Sell 0.50 1.22222 0.00000 1.22174 1.22080 9.4 38.50 to #10326898 05.27.2010 04:30 05.27.2010 04:40 EURUSD Sell 1.80 1.22453 0.00000 1.22174 1.22092 8.2 120.89 to #10326897 05.27.2010 03:15 05.27.2010 04:29 EURUSD Sell 2.60 1.22195 0.00000 1.21895 1.22195 -30.0 -638.32 and here: 05.21.2010 10:15 05.21.2010 10:47 EURUSD Buy 1.80 1.24840 0.00000 1.25264 1.24840 -42.4 -611.34 LONG @ MAGIC CHAMP[sl] 05.21.2010 09:40 05.21.2010 09:42 EURUSD Buy 0.20 1.25497 0.00000 1.25549 1.25663 11.4 18.14 from #10246844 05.21.2010 09:40 05.21.2010 09:41 EURUSD Buy 0.50 1.25473 0.00000 1.25549 1.25640 9.1 36.21 Ouch! Cheers PipPip_Hurray 1 Quote Link to comment Share on other sites More sharing options...
Trial1 Posted June 8, 2010 Author Report Share Posted June 8, 2010 Why do you not share with us pingo?, a lot of people can't afford this ea because the 990€ licence...they will be very grateful to you and you will receive many thanks for sharing it! ;-) Quote Link to comment Share on other sites More sharing options...
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