Forex-inControl

The user has deleted this system.

Forex-inControl Discussion

Apr 09, 2016 at 00:16
2,361 Views
36 Replies
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Dec 06, 2016 at 08:28
Irishmist posted:
Rubbish u get 2 orders if the market turns you are stuffed with 35% of your deposit. They are closing the trades manually thats why it looks impressive. avoid using this product or you will lose your deposit. I caught on to it quick and stopped using it after comparing trades to their history log. same entries but the exit they close it manually and never let it reach TP especially on the AUDUSD.

Not worth the money very primitive trade logic. actually no logic just pure luck. No wonder they blew the last account


 

thank you
Member Since Jan 03, 2014   28 posts
Dec 12, 2016 at 13:25
Be carefull!!
Scam People. I bought, after a week I told them the ea is very very broker sensitive and I entered in losses.
Only one week after I paid the product, and with this MoneyBack Guarantee politicy:

' We provide a full money-back guarantee during 30 days. If our software doesn’t perform as it should, you will get your money back '

they never refund!!! Be carefull please! I have done the claim throuhg avantgate and paypal. Scam People. Dont buy.
incontrol
forex_trader_168024
Member Since Dec 17, 2013   14 posts
Dec 13, 2016 at 02:56
CarolusMagno posted:
Be carefull!!
Scam People. I bought, after a week I told them the ea is very very broker sensitive and I entered in losses.
Only one week after I paid the product, and with this MoneyBack Guarantee politicy:

' We provide a full money-back guarantee during 30 days. If our software doesn’t perform as it should, you will get your money back '

they never refund!!! Be carefull please! I have done the claim throuhg avantgate and paypal. Scam People. Dont buy.

Hello! We are very sorry that you lost your money - of course if it's true. But I wonder why you have cited incomplete refund policy? If you will read full refund policy, you will understand that we provide refund only to clients that uses recommended settings.
incontrol
forex_trader_168024
Member Since Dec 17, 2013   14 posts
Dec 13, 2016 at 03:23
Speaking about other assumptions like: we trade manually or our EA broker sensitive. We are open to you guys, but please send some proofs or at least your trading statements, where you was traded without interrupting of EA. The problem is in that fact, that some traders can't be patient and start close trades of EA, stopped EA or open own orders. As a traders, we understand you and that is the reason why we never trade manually, only with EAs. But please don't attribute your impatience and nerves to inControl robot. It trades stable, sometimes need to wait couple of days to give possibility to EA bring you profit - please do not break it work 😄

And finally, even the small number of disgruntled customers from the hundreds of our users can confirm that we provide the best support in Forex EAs area, we never ignore our clients even when some of them sent us 50 and more messages. We always remain as professionals and ready to help and solve any problems.
Member Since Jan 06, 2014   2 posts
Jan 12, 2017 at 08:13
incontrol posted:
Speaking about other assumptions like: we trade manually or our EA broker sensitive. We are open to you guys, but please send some proofs or at least your trading statements, where you was traded without interrupting of EA. The problem is in that fact, that some traders can't be patient and start close trades of EA, stopped EA or open own orders. As a traders, we understand you and that is the reason why we never trade manually, only with EAs. But please don't attribute your impatience and nerves to inControl robot. It trades stable, sometimes need to wait couple of days to give possibility to EA bring you profit - please do not break it work 😄

And finally, even the small number of disgruntled customers from the hundreds of our users can confirm that we provide the best support in Forex EAs area, we never ignore our clients even when some of them sent us 50 and more messages. We always remain as professionals and ready to help and solve any problems.

They are scamers. If they know ea is broker sensitive they should not have problems in return money.
They wrote a first lines in MoneyBack guarantee:
' We provide a full money-back guarantee during 30 days. If our software doesn’t perform as it should, you will get your money back. '
And after that like an other different condition started with the word ALSO, they wrote other conditon.
Easy seeing they dont want to return the money anyform. Please BE CAREFULL!!
They DONT WANT TO RETURN MONEY TO AVANGATE!
incontrol
forex_trader_168024
Member Since Dec 17, 2013   14 posts
Jan 12, 2017 at 17:34
ForexCommunity posted:
They are scamers. If they know ea is broker sensitive they should not have problems in return money.
They wrote a first lines in MoneyBack guarantee:
' We provide a full money-back guarantee during 30 days. If our software doesn’t perform as it should, you will get your money back. '
And after that like an other different condition started with the word ALSO, they wrote other conditon.
Easy seeing they dont want to return the money anyform. Please BE CAREFULL!!
They DONT WANT TO RETURN MONEY TO AVANGATE!

Hello! As I already mentioned we provide refund only to clients that uses recommended settings. To be sure, that you will get refund, you need to use recommended settings. We don't refund money to customers that have used not recommended settings, because we can't guarantee in this case good results.

Forex inControl is not broker sensitive EA, because for signal to open the trades it uses conditions, that is the same for all types of brokers in 98% situations - It does not depend on accurate quotations. Also we use not small TakeProfit from 30 and up to 65 pips, that means 1-2 point of difference between brokers quotes doesn't matter.

In case if for some reason your results was bad and you have used recommended settings, we return money without any delay.
incontrol
forex_trader_168024
Member Since Dec 17, 2013   14 posts
Jan 14, 2017 at 01:08
RedRhinoFX posted:
if you have a refund policy it should be granted if the system makes or lose money on any setting. It is the customers decision and right to refund if you say money back guarantee within 30 days. If not, Customers will do chargeback with their creditcard company and it will damage your reputation with your payment processor. The choice is yours.
Hello Frank! Some of the clients setup in 10-20 times exceeds recommended lotsize and they lose the money. Some people closed trades manually and then said that EA lose money on their account. This is not a problem of EA, but only bad decision of a trader. Yes, we provide provide professional supporting to this clients and helping to recover the money and use EA right in right way, but we don't provide refund on such conditions. This is policy of the company.

The truth in that, customers that uses recommended settings is nothing to fear, they have our refund guaranty and good results of trading - the same as we have.
Member Since Dec 22, 2016   102 posts
Jan 15, 2017 at 08:11
@incontrol

If you clearly write that it's 30 days money back guarantee then you can also mention the conditions as well.
This way No one will feel that you are cheating or you are scam.
Unfortunately these days so many people say that their product is coming with money back guarantee but when customers ask for refund they never get any thing. It is usual practice these days.
The dark side is that Paypal does not offer any refund on digital products and in the end the seller always win.
Member Since Jan 10, 2017   41 posts
Jan 22, 2017 at 08:05
@rob559 Dear Rob,

I use this EA sinds June 2016 and worked for me super! One steaght line up. Even beter as there account.
Thats also with there other product FX Stabilizer. They had losses last year december and on my account i had winners.
My accounts are on Roboforex. The picture that I inclosed is for 3 months.


Can you show me a screenshot?
Have you find a better EA?

Regards

Rob

Attachments:

Member Since Jan 10, 2017   41 posts
Jan 22, 2017 at 08:05
The last dip was coursed by President Trump😁
Member Since Nov 08, 2016   2 posts
Jan 25, 2017 at 15:47
Hello,

I can see that the settings for this EA have lots of date related settings. Could you please clarify on those or even better on all settings, especially the auto lot risk management?

If a back-test is performed after purchase with sames prices and with different - on purpose altered dates, eg, instead of 2006 the year can be 2016 ( a ten year shift) of the history data, then the performance should be the same. If not, then that means that you have hard coded a date filter for back testing and in this case a refund should be honoured for a mislead, curve fitted back testing.

Could you also explain why on 2006 back-testing of EURGBP the EA took only minimal amount of trades comparing with other years with similar related volatility - range?

It looks that initial signals for low lot, NORMAL entry are no better than 50%, maybe even worst and recovery is needed more than not. Maybe i am wrong , have not analysed stats on this yet. Also SL is 800 pips, practically a non SL AS IT HAS NEVER BEEN HIT on back testing. Account should be blown way before that as at about 300 pips DD from initial entries, an almost 20 times more lot size recovery trade is entered, so I assume that by the 600 or more DD, the lot size will be 50 times more and few pips dd will blow the acc on margin call.
Could you please explain more about the recovery trade entry or risks, and its max DD so far in pips through the full back-testing?
This is the most critical aspect of the EA.
 
Could you please specify if you plan to amend your T&C for Refund to address the concerns of users on a fair and transparent manner?

Thank you,
cosm
azrafim
forex_trader_397007
Member Since Jan 29, 2017   57 posts
Jan 30, 2017 at 07:52
Oh typical GREEEDer
incontrol
forex_trader_168024
Member Since Dec 17, 2013   14 posts
Jan 30, 2017 at 17:42
moneybotfxdotcom posted:
Hello,

I can see that the settings for this EA have lots of date related settings. Could you please clarify on those or even better on all settings, especially the auto lot risk management?

If a back-test is performed after purchase with sames prices and with different - on purpose altered dates, eg, instead of 2006 the year can be 2016 ( a ten year shift) of the history data, then the performance should be the same. If not, then that means that you have hard coded a date filter for back testing and in this case a refund should be honoured for a mislead, curve fitted back testing.

Could you also explain why on 2006 back-testing of EURGBP the EA took only minimal amount of trades comparing with other years with similar related volatility - range?

It looks that initial signals for low lot, NORMAL entry are no better than 50%, maybe even worst and recovery is needed more than not. Maybe i am wrong , have not analysed stats on this yet. Also SL is 800 pips, practically a non SL AS IT HAS NEVER BEEN HIT on back testing. Account should be blown way before that as at about 300 pips DD from initial entries, an almost 20 times more lot size recovery trade is entered, so I assume that by the 600 or more DD, the lot size will be 50 times more and few pips dd will blow the acc on margin call.
Could you please explain more about the recovery trade entry or risks, and its max DD so far in pips through the full back-testing?
This is the most critical aspect of the EA.
 
Could you please specify if you plan to amend your T&C for Refund to address the concerns of users on a fair and transparent manner?

Thank you,
cosm

Hello, thank you for your interest in Forex inControl EA. I will give a couple of answers here, but it's better to send such questions to our support department here: [email protected]
'... this EA have lots of date related settings.' No, we have no date related settings, our EA trades everyday without any news and days filters. But at Accelerate mode you can use more risky MM (lotsize) at some days in a month, when usually we have more flat period.

The more old period have less tick data and also much lower volatility, that is why all EA has less trades at 2006 (and any old year) then at newest year. It's not a feature of our EA, you can see it at backtest of any other EA. But not much EA has backtest for so long period 😄

inControl has 800 pips StopLoss only for two first trades, that can't have big drowdown before will opened next trade. All next trades (after second trade) calculate stoploss according to your risk settings in EA and current equity drawdown.

Hope I was able to answer your main questions

Regards
incontrol
forex_trader_168024
Member Since Dec 17, 2013   14 posts
Jan 30, 2017 at 17:43
azrafim posted:
Oh typical GREEEDer
Not a typical. We will give you license for free if you will find out what range do we use between trades in pips (except first two trades)? And also what lotsize do we used for each trade (except first two trades)? These are things that usually has 'GREEEDer' 😄
Member Since Dec 28, 2016   20 posts
Jan 31, 2017 at 07:31

drawdown 39% BIG RISK

Blocked Users: 4

Please be careful!
incontrol
forex_trader_168024
Member Since Dec 17, 2013   14 posts
Feb 03, 2017 at 07:42
RedRhinoFX posted:
incontrol posted:
azrafim posted:
Oh typical GREEEDer
Not a typical. We will give you license for free if you will find out what range do we use between trades in pips (except first two trades)? And also what lotsize do we used for each trade (except first two trades)? These are things that usually has 'GREEEDer' 😄

The EA will adjust the lotsize to the amount necessary to close the basket at a profit within 34 pips. The grid distance between the orders rely on the logic to open the position. So the grid is dynamic and relies solely on the logic to trigger the order.

Please send a free license to [email protected]
Hi! This special offer only for Rafim, because of his rash comment. To induce him to make a little effort to analyze the system 😄 Your opinion has right way, but not precise. Basket profit not about pips it use another calculation, grid is dynamic yes, but with another logic, that you described. Anyway, thank you for your attention
Member Since Dec 12, 2017   1 posts
Jan 07, 2018 at 06:48
Sold now as Forex inControl reborn /w acceleration. Quite some success in the beginning, live account since 3-16.
However, losing positions are kept open for a long time. Seem to get closed manually some distant day.
Has no luck since early dec-17. Nearly 1000 pips of unrealized losses, in many trades, and growing. Go figure. Just grid trading, averaging down against the trend. Dislike that very much. Bot seems to bet on higher USD these days.
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