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  • 2 weeks later...
  • 2 months later...
Posted
Did anybody get the (LS-BAR Indicator) that they offered for free... I attended the webinar but all did is mention it and never gave it out? Anyone have it? Thanks

 

Probably all part of the scam!!

Posted
a webinar for an asian scalper? what will they think of next?

"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

Posted

The webinar is pre-recorded because I could download the entire webinar and watched the last portion even before the webinar was completed. This is a re-launched of Megabot. They had released their first version since last Sep.

 

If the bot could really generate millions of dollars for them, why would they want to sell in for just USD 97? Instead, they should be giving it free to all since the bot could generate millions for them!

 

I'm not saying that the bot is not profitable but it was exaggerated in the presentation.

Posted
What a crock that webinar was--inducing people with the promise of giving away an "unbelievable indicator" for listening to their bull malarky and then not giving it away. Shows the integrity of these EA hypesters. If their megabot could do half of what they claimed, they wouldn't have to hold these dog and pony shows trying to con people out of $67 or $97. Goldman Sachs would gladly pay them millions of dollars if they worked.
Posted
well I'm not that enthusiastic about this.... it looks like the same as PipLaser from MD guy. It trades the same pair and same TF. heck even take profit and stop loss are the same. I couldn't be surprised more if the inside code is the same.
  • 3 weeks later...
Posted (edited)

I purchased it on 1/28/11. For the entire first week their server was down for me. Requests to get support directly and through Clickbank were not answered. One day authorization mysteriously just kicked in. Since then I'm forward testing it, and the results are not impressive, to say the least. Last week the server was again down for me for about 3 days. Megabot support did not answer my email. I am testing it, as was recommended in their manual, on the ImFX platform, using the default parameters.

 

As you can see from the chart attached, there was a big drawdown right at the start. For the rest of the month the EA just tries to recover.

 

http://img828.imageshack.us/img828/7040/megabotperformance.jpg

 

I will test it for an additional month. Will keep you posted.

Edited by ylidor

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