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Guest desitrader
Posted (edited)

The site shows amazing (i mean really amazing) stats, over 20k pips with good risk/reward ratio examples, roughly exceeding 1:5 risk/reward.

 

Anyone educate this?

 

Link is: http://theforexpolice.com/

 

When composing new threads, please use correct title name in the title bar....thanks

Edited by FloridaTrader
Posted

Have you seen statements...

 

Look, I did 1000 pips with .00001% risk

Risk: 1 Profit: 10000000000000000000000000000000000000000 (no lies... promise!)

 

I have a police badge, therefore must be reliable, and everything I say is true!

Guest desitrader
Posted
Which is exactly why I am keen to backtest it myself to see if/how it works. Anyone?
Guest desitrader
Posted
no one? I now know someone who is using this as part of their ftseclub service and is happy with the pips so far, but is not a sharing type of person or even friend for that matter.
Posted
Have you seen statements...

 

Look, I did 1000 pips with .00001% risk

Risk: 1 Profit: 10000000000000000000000000000000000000000 (no lies... promise!)

 

I have a police badge, therefore must be reliable, and everything I say is true!

 

 

Morbidity got the better of me, and I ordered it last friday...

Still haven't received the product...

Have tried contacting them, but no use..

 

Steer well clear!

Guest desitrader
Posted
You still haven't recieved it? This is weird, claim refund through Paypal or something...
Posted (edited)

desitrader,

 

It looks as though you can get the EA (called FPD Project 1) as a free trail from here:

 

http://www.ftse100club.info/f100c-theforexpolice-step1.html

 

There are restrictions in using this though ;)

It seems as though you have to have an account with IBFX for this to work and maintain their own security (so they say).

 

Plus they charge you a licence fee per month for using the EA unless you fork out £750 for a lifetime licence.

 

I suspect that it will be pretty resilient to education.

Edited by soundfx
Posted
maybe. its just asking for a name + account number. most vendors do that.

"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

i eventually got it... but it's rubbish... baaaaad coding... need to pull it apart and make it more safe.. (this often destroys the meagre profit an ea shows, as the coding is hiding faults and changing the logic, which is not by design, and the developer is failing to comprehend)... will deposit a safer version here in a few days if it turns out to be worth the most likely wasted effort.. or the original if i cant be arsed.. will def be getting a refund!

 

watch this space..

Guest desitrader
Posted

Thanks sidecona.

Also, would be helpful if you can explain us the logic of this EA?

 

Btw, I have a few solid ideas worth pursuing to develop an EA (primarily for backtesting purposes). Is there a forum somewhere, where there are developers and traders/system concept developers and they come together to co-develop and backtest ideas for viability?

 

Maybe I can start a thread over here? but I would like to do it properly and have categories for concepts reviewed / and assessment whether discarded or not...

 

Any thoughts folks?

Posted

hxxp://[email protected]/7TBU3IJDPQ

p@ss: 123

G/J - D1 (haven't tested other tfs / cur's yet)

 

here you go.. with analysis to prove the original, and my modified are in principle the same..

couldn't get a consistent back test on either version!

pics identical, amt's differ slightly?????????????????????? - haven't worked out why yet!

 

(I'm fast losing my faith in backtesting... the more I backtest, the more I don't trust backtests anymore...)

 

have put comments into my changed one for anyone that cares to take a look...

 

haven't figured out the logic 100%, and haven't started tinkering yet..

 

(you got some more space watching to do...)

  • 1 year later...
Posted

hzzp://minus.c0m/lGyNSitHKJsHe

 

Hi

 

I believe this is what you were looking for...

Bad coding....

did my best to fix it... (and I program for a living)

so they say.. you can't polish a turd....

 

found it in my AWFUL folder (where I store all the rubbish I am done with)...

 

have fun wasting your time.... (a few hours of my life I can never get back.... :p )

  • 1 year later...
Guest desitrader
Posted

anyone got mirror?

 

None of the above are working..

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