MetaCrazy Posted September 17, 2010 Report Posted September 17, 2010 http://www.automatedpips.com/blog.html They show an 8-month and a five-year forward test that started in 2006 with MB trading. Did MB even have an MT4 out in 2006? With a little research i found that these are the same people behind ForexSTF. here is the affiliate page http://www.automatedpips.com/jv.html Quote
Stormin_Norman Posted September 17, 2010 Report Posted September 17, 2010 their forward test is fake. 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
ghost127 Posted September 17, 2010 Report Posted September 17, 2010 There are not forward tests, but demo http://www.automatedpips.com/statement1k2010.htm http://www.automatedpips.com/statement06now.htm There are missing data from 05.07.2010 to 07.07.2010 This is a bug of Mql4 data tester I checked some of the data, they are good Quote
Stormin_Norman Posted September 17, 2010 Report Posted September 17, 2010 There are not forward tests, but demo http://www.automatedpips.com/statement1k2010.htm http://www.automatedpips.com/statement06now.htm There are missing data from 05.07.2010 to 07.07.2010 This is a bug of Mql4 data tester I checked some of the data, they are good trust me. they are fake accounts, created from backtest results to be made to look like forward tests. freddy 1 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
⭐ new2ea Posted September 19, 2010 Report Posted September 19, 2010 But then it looks good. can anyone please share and let us test? Quote
⭐ fscrp Posted September 19, 2010 Report Posted September 19, 2010 But then it looks good. can anyone please share and let us test? It is not released yet. As both Stormin_Norman and ghost127 have mentioned the "live" results are a lie. It is more of the same garbage with a different sales pitch Quote
Abdulisback Posted September 20, 2010 Report Posted September 20, 2010 Heads up, these are the same guys behind "Stealpips" + "ForexSTF" + "Penny Stock Psychic" Scams freddy 1 Quote
Abdulisback Posted September 20, 2010 Report Posted September 20, 2010 http://www.automatedpips.com/blog.html They show an 8-month and a five-year forward test that started in 2006 with MB trading. Did MB even have an MT4 out in 2006? With a little research i found that these are the same people behind ForexSTF. here is the affiliate page http://www.automatedpips.com/jv.html It looks like this scumbag has corrected it and now it does not show "MB broker" any more! Quote
MetaCrazy Posted September 20, 2010 Author Report Posted September 20, 2010 It looks like this scumbag has corrected it and now it does not show "MB broker" any more! he must be reading the forums. "john osborne" is another fictional character. Quote
Freddie Posted September 21, 2010 Report Posted September 21, 2010 Mark Fric, the 'morning trade' pusher sent me this email: "Unfortunately, just recently I learned an interesting thing about them. Their statements are from MB Trading broker, but after a research we'll find out that MB Trading did not actually have MetaTrader platform back in 2006, so the statements on the website are indeed FAKE. They are not live account statements. For this reason I DON'T RECOMMEND this EA. Also, I'd like to apologize for wasting your time with a product I didn't know first hand." Looks like he reads II too Quote
Stormin_Norman Posted September 21, 2010 Report Posted September 21, 2010 everybody reads II. its the place to be. 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
MetaCrazy Posted September 21, 2010 Author Report Posted September 21, 2010 everybody reads II. its the place to be. we got the best scam sniffers here! Quote
⭐ fscrp Posted September 21, 2010 Report Posted September 21, 2010 I as well as others made several posts on the blog questioning things and still so many people were praising this Jeff character. However, I will admit to being curious what strategy the EA uses. Quote
conglo Posted September 21, 2010 Report Posted September 21, 2010 (edited) See if this link works: http://www.automatedpips.com/membz3.html It appears to be just another scalper with a tiny TP and a huge SL. Here's what they don't tell you.. this EA supposedly needs frequent reoptimization. You have to pay a monthly fee of $87 for that part. Edited September 21, 2010 by conglo TraderTero, wesladf, jacknie and 9 others 12 Quote
Stormin_Norman Posted September 21, 2010 Report Posted September 21, 2010 'upselling' is the new scam. u pay 97, then the fuckers want to sell us something else for another 97. then optimisation for another 97. radicaltour 1 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
wesladf Posted September 21, 2010 Report Posted September 21, 2010 Here is mirror and have all the stuff with the bonus............... http://www.multiupload.com/WR0917BQDP Cheer guys let test this out and see how it will go. ⭐ fscrp, pro, fox69 and 2 others 5 Quote
Stormin_Norman Posted September 21, 2010 Report Posted September 21, 2010 is it educated? or does it need to be? 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
conglo Posted September 21, 2010 Report Posted September 21, 2010 (edited) is it educated? or does it need to be? No, I don't think so, it just seems to work. I think the optimization business is a scam. This will do well for awhile and eventually blow up due to no stoploss. However, it may still have potential.. if you equalize the TP and SL to 50-100 pips you could apply a D'Alembert progression to it manually and do pretty well. Profit factor on backtesting M1 on several pairs is around .95, that's good enough for a conservative progression. Edited September 21, 2010 by conglo Quote
kingofkong Posted September 21, 2010 Report Posted September 21, 2010 You can download all their files here : http://www.automatedpips.com/boxd/ Happy download ;) fox69, ⭐ fscrp, kmcco and 3 others 6 Quote
⭐ fscrp Posted September 21, 2010 Report Posted September 21, 2010 Has anyone tried any backtests yet? I tried 2 brokers and the TP and SL are messed up. I bet their support email box is already maxed ;) Quote
richdad711 Posted September 21, 2010 Report Posted September 21, 2010 Has anyone tried any backtests yet? I tried 2 brokers and the TP and SL are messed up. I bet their support email box is already maxed ;) hi, did you get 90% modelling quality with BTing this EA? got 25% only Quote
⭐ fscrp Posted September 22, 2010 Report Posted September 22, 2010 I get 25% also, the MetaTrader history data is terrible and M1 timeframe the worst. Quote
richdad711 Posted September 22, 2010 Report Posted September 22, 2010 I get 25% also, the MetaTrader history data is terrible and M1 timeframe the worst. good to know that i aint the only one, cheers Quote
MetaCrazy Posted September 22, 2010 Author Report Posted September 22, 2010 25% is normal when you are using M1 in backtest with MT4. Quote
halcyonn Posted September 22, 2010 Report Posted September 22, 2010 25 percent is the max one can get on 1 minute tf. Quote
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