Holy Grail (By KnightsTemplar)
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Holy Grail Discussion
Jan 19, 2011 at 13:55
Member Since Jan 19, 2011
8 posts
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....
Jan 19, 2011 at 14:24
(edited Jan 19, 2011 at 14:24)
Member Since Dec 17, 2010
3 posts
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~
Jan 20, 2011 at 04:51
Member Since Jan 20, 2011
9 posts
Hey guy!
I want to buy your ea, if possible.
Can you manage my account?
Give me more information.
my email
[email protected]
Jan 20, 2011 at 06:16
Member Since Feb 20, 2010
152 posts
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
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 Feb 03, 2011
6 posts
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