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Holy Grail (By KnightsTemplar)

The user has deleted this system.

Holy Grail Discussion

Jan 09, 2011 at 16:36
2,777 Views
25 Replies
Member Since Jan 19, 2011   8 posts
Jan 19, 2011 at 13:55

forexma posted:
    
needpip posted:
    
forexma posted:
    Hello guys,
This system is starting to look more and more like an arbitrage to me. Beware of that!

What is arbitrage?...

Try Google!
Anyway, it 'works' with certain brokers for a limited period of time until the broker figures out what is strategy and then blocks your account and profit. Basically it never worked with reputable brokers where you can withdraw your profits.
It also works for Dominic/Dariusz when they're are in alliance with those certain brokers and they altogether make demo accounts look as real in order to sell NON WORKING EAs or drain the 'customer's' managed accounts and then split the money 50%/50%.

I'm also pretty sure this system belongs to the same guys(Dominic&Co). Yesterday it trader 2025 lots.......😀 and the broker is 100% a market maker.😁😁😁

Thanks for this info...

I am new here n think could learn a lot here...

what a kind of business tactics....
Member Since Dec 17, 2010   3 posts
Jan 19, 2011 at 14:24 (edited Jan 19, 2011 at 14:24)
forexma posted:
    
needpip posted:
    
forexma posted:
    Hello guys,
This system is starting to look more and more like an arbitrage to me. Beware of that!

What is arbitrage?...

Try Google!
Anyway, it 'works' with certain brokers for a limited period of time until the broker figures out what is strategy and then blocks your account and profit. Basically it never worked with reputable brokers where you can withdraw your profits.
It also works for Dominic/Dariusz when they're are in alliance with those certain brokers and they altogether make demo accounts look as real in order to sell NON WORKING EAs or drain the 'customer's' managed accounts and then split the money 50%/50%.

I'm also pretty sure this system belongs to the same guys(Dominic&Co). Yesterday it trader 2025 lots.......😀 and the broker is 100% a market maker.😁😁😁

SOLAR

How to know that it traded 2025 lot??
Let me know~
Member Since Jan 20, 2011   9 posts
Jan 20, 2011 at 04:51

Hey guy!

I want to buy your ea, if possible.

Can you manage my account?

Give me more information.

my email
[email protected]
Member Since Feb 20, 2010   152 posts
Jan 20, 2011 at 06:16
Hey Solar, thanks for throwing some caution into the mix. Guys, in my opinion, beware anytime there is an EA with great profits (especially over a short period) and the broker is hidden. There are ways to scam in this business and hiding the broker CAN be a red flag Not saying it is.

On the other hand, if you ever see an EA with great profits sitting at a reputable broker with full disclosure, now that's something to keep an eye on. I will not give any negative comments only to say the creator(s) of this EA may want to show their broker if they want to dispel any suspicions along these lines.

Thanks to the guys on this site, such as Solar, we usually get to the bottom of things after a few months of study. Maybe this is the holy grail of EAs though?

Cheers, friends
A strategy must significantly profit in a 10 year backtest to have a chance in Live trading - Mine Does!
Member Since Jan 19, 2011   8 posts
Jan 20, 2011 at 07:56
At least he could give this as a demo to all here (1 month)...Every one could make money :)...and finally pay him what he needs.
Member Since Feb 03, 2011   6 posts
Feb 04, 2011 at 18:18
good ea...maybe can make exchange with my ea... :D haha..
"Dont use martingale system"
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