MFM4 (By ex4systems)

The user has deleted this system.

MFM4 Discussion

Dec 03, 2014 at 01:25
2,886 Views
63 Replies
virux
forex_trader_21984
Member Since Nov 05, 2010   8 posts
Dec 06, 2014 at 14:40
why this system opens only BUY trades ?
Member Since Nov 06, 2014   114 posts
Dec 06, 2014 at 17:43
Can you post some back testing results for over 1 year? What makes your EA different from the others? Also what maintenance does this EA need to stay working well into the future?
Member Since Sep 22, 2014   176 posts
Dec 13, 2014 at 08:13
Hi,
I used MFM3 three licenses and now he is not responding for MFM3 as it was making loss. So careful about his same behavior for after services.
Regards,
DDR
Be Vegan, Make Peace
Member Since Jul 23, 2014   22 posts
Dec 18, 2014 at 07:20
ddr555 posted:
Hi,
I used MFM3 three licenses and now he is not responding for MFM3 as it was making loss. So careful about his same behavior for after services.
Regards,
DDR

This person is demanding a free MFM4 account and threatening me with bad reviews if I do not comply, I do not respond...

The stats in myfxbook account speaks for itself.
Member Since Sep 22, 2014   176 posts
Dec 18, 2014 at 17:07
ex4systems posted:
ddr555 posted:
Hi,
I used MFM3 three licenses and now he is not responding for MFM3 as it was making loss. So careful about his same behavior for after services.
Regards,
DDR

This person is demanding a free MFM4 account and threatening me with bad reviews if I do not comply, I do not respond...

The stats in myfxbook account speaks for itself.
@
I have all right to demand free upgrade in lie of 3 paid license. You are not telling truth to readers that when I purchased 3 licenses of MFM3 you promised me free future upgrade and now you upgraded MFM3 to MFM4 so I requested that upgrade as per your promise and now you are denying me for up gradation and you are cheating me/your customer.
Be Vegan, Make Peace
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Dec 18, 2014 at 21:36
ddr555 posted:
ex4systems posted:
ddr555 posted:
Hi,
I used MFM3 three licenses and now he is not responding for MFM3 as it was making loss. So careful about his same behavior for after services.
Regards,
DDR

This person is demanding a free MFM4 account and threatening me with bad reviews if I do not comply, I do not respond...

The stats in myfxbook account speaks for itself.
@
I have all right to demand free upgrade in lie of 3 paid license. You are not telling truth to readers that when I purchased 3 licenses of MFM3 you promised me free future upgrade and now you upgraded MFM3 to MFM4 so I requested that upgrade as per your promise and now you are denying me for up gradation and you are cheating me/your customer.

what kind of results did you get with that ea?
Member Since Sep 22, 2014   176 posts
Dec 19, 2014 at 03:08
rob559 posted:
ddr555 posted:
ex4systems posted:
ddr555 posted:
Hi,
I used MFM3 three licenses and now he is not responding for MFM3 as it was making loss. So careful about his same behavior for after services.
Regards,
DDR

This person is demanding a free MFM4 account and threatening me with bad reviews if I do not comply, I do not respond...

The stats in myfxbook account speaks for itself.
@
I have all right to demand free upgrade in lie of 3 paid license. You are not telling truth to readers that when I purchased 3 licenses of MFM3 you promised me free future upgrade and now you upgraded MFM3 to MFM4 so I requested that upgrade as per your promise and now you are denying me for up gradation and you are cheating me/your customer.

what kind of results did you get with that ea?

I lost a lot so I stopped using it and requested for upgraded copy MFM4. I wrote to vendor about loss and no proper reply accept stating buy MFM4.
Be Vegan, Make Peace
Member Since Aug 13, 2014   149 posts
Dec 19, 2014 at 05:01
ex4systems, what happened to your other account?

A few questions:
Does your EA works exactly in every broker?
if not what do you recommend?(please answer this by PM)
How does your EA works when we have news? Do you disable it? do you recommend to close the positions and disable it?
What are the recommended pairs ot use with your EA?
What are the default settings?

thanks!

Member Since Nov 04, 2014   33 posts
Dec 19, 2014 at 12:42
On your home page, it states the EA "takes up to 2 trades at a time per pair".

Right now there are three trades of GBPJPY

 
12.18.2014 23:15 GBPJPY Buy 0.07 186.181 -68.00 26.30 1.41 2.40 0.0 +0.33%

12.18.2014 23:15 GBPJPY Buy 0.07 186.181 -68.00 26.30 1.41 2.40 0.0 +0.33%

12.18.2014 23:15 GBPJPY Buy 0.07 186.181 -68.00 26.30 1.41 2.40 0.0 +0.33%
  Total: 0.21 $4.23 7.20 0.00 +0.99%
Member Since Aug 13, 2014   149 posts
Dec 19, 2014 at 13:39
pblam besides this issue... how about this EA? is it profitable? work on any broker? thanks
Member Since Jan 25, 2010   1360 posts
Dec 19, 2014 at 19:40
ddr555 posted:
I lost a lot so I stopped using it and requested for upgraded copy MFM4. I wrote to vendor about loss and no proper reply accept stating buy MFM4.

MFM3 bombed out. I ain't wasting my time pursuing this EA from the same vendor.

Vendor doesn't provide free upgrades to his EA - obviously he needs sales money because his EA doesn't make him money.
Member Since Jul 23, 2014   22 posts
Dec 19, 2014 at 22:33
BluePanther posted:
ddr555 posted:
I lost a lot so I stopped using it and requested for upgraded copy MFM4. I wrote to vendor about loss and no proper reply accept stating buy MFM4.

MFM3 bombed out. I ain't wasting my time pursuing this EA from the same vendor.

Vendor doesn't provide free upgrades to his EA - obviously he needs sales money because his EA doesn't make him money.

MFM3 and MFM4 are two different EAs... There is no upgrade.

Buy the way, I sell 10+ copies of MFM4 a day, I don't need your money.
Member Since Jul 23, 2014   22 posts
Dec 19, 2014 at 22:33
pblam posted:
On your home page, it states the EA "takes up to 2 trades at a time per pair".

Right now there are three trades of GBPJPY

 
12.18.2014 23:15 GBPJPY Buy 0.07 186.181 -68.00 26.30 1.41 2.40 0.0 +0.33%

12.18.2014 23:15 GBPJPY Buy 0.07 186.181 -68.00 26.30 1.41 2.40 0.0 +0.33%

12.18.2014 23:15 GBPJPY Buy 0.07 186.181 -68.00 26.30 1.41 2.40 0.0 +0.33%
  Total: 0.21 $4.23 7.20 0.00 +0.99%

I had a VPS issue yesterday. There were 3 copies of MT4 open on my VPS, but only one was visible. Once I realized what was going on, I set the TPs to neutralize and changed the password with my broker to stop further trading until I figured out what was wrong. The trades neutralized but it jacked up my draw down.
Member Since Aug 13, 2014   149 posts
Dec 19, 2014 at 23:20
ex4systems I think you dindnt see my questions I'm writing then again

Does your EA works exactly in every broker?
if not what do you recommend?(please answer this by PM)
How does your EA works when we have news? Do you disable it? do you recommend to close the positions and disable it?
What are the recommended pairs ot use with your EA?
What are the default settings?

thanks
Member Since Jan 25, 2010   1360 posts
Dec 19, 2014 at 23:24 (edited Dec 19, 2014 at 23:31)
ex4systems posted:
BluePanther posted:
ddr555 posted:
I lost a lot so I stopped using it and requested for upgraded copy MFM4. I wrote to vendor about loss and no proper reply accept stating buy MFM4.

MFM3 bombed out. I ain't wasting my time pursuing this EA from the same vendor.

Vendor doesn't provide free upgrades to his EA - obviously he needs sales money because his EA doesn't make him money.

MFM3 and MFM4 are two different EAs... There is no upgrade.

Buy the way, I sell 10+ copies of MFM4 a day, I don't need your money.

You'll excuse us for assuming MFM4 is an upgrade to MFM3:
- both websites looked EXACTLY the same (right down to the layout and design (title, background), descriptions, illustrations, FAQ, etc.) - everything,
- you have used the same name but increased the number by one
- your previous account and website for MFM3 is no longer available
- you don't mention MFM4 as a 'totally new EA compared to MFM3' - in fact you don't mention MFM3 at all.

Which raises another question: What has happened to MFM3? No sales page, no myfxbook accounts, no mention on MFM4 sales page... Do you want everyone to forget this EA (like MFM1 and 2)?

I'm glad to hear that you don't need our money (so why sell it?).

I hope your 'new' EA will prove your critics wrong. Good luck! 😉








Attachments:

Member Since Sep 22, 2014   176 posts
Dec 20, 2014 at 02:54
BluePanther posted:
ddr555 posted:
I lost a lot so I stopped using it and requested for upgraded copy MFM4. I wrote to vendor about loss and no proper reply accept stating buy MFM4.

MFM3 bombed out. I ain't wasting my time pursuing this EA from the same vendor.

Vendor doesn't provide free upgrades to his EA - obviously he needs sales money because his EA doesn't make him money.

Thanks. You said very true!
Be Vegan, Make Peace
Member Since Jul 23, 2014   22 posts
Dec 20, 2014 at 10:28
BluePanther posted:
ex4systems posted:
BluePanther posted:
ddr555 posted:
I lost a lot so I stopped using it and requested for upgraded copy MFM4. I wrote to vendor about loss and no proper reply accept stating buy MFM4.

MFM3 bombed out. I ain't wasting my time pursuing this EA from the same vendor.

Vendor doesn't provide free upgrades to his EA - obviously he needs sales money because his EA doesn't make him money.

MFM3 and MFM4 are two different EAs... There is no upgrade.

Buy the way, I sell 10+ copies of MFM4 a day, I don't need your money.

You'll excuse us for assuming MFM4 is an upgrade to MFM3:
- both websites looked EXACTLY the same (right down to the layout and design (title, background), descriptions, illustrations, FAQ, etc.) - everything,
- you have used the same name but increased the number by one
- your previous account and website for MFM3 is no longer available
- you don't mention MFM4 as a 'totally new EA compared to MFM3' - in fact you don't mention MFM3 at all.

Which raises another question: What has happened to MFM3? No sales page, no myfxbook accounts, no mention on MFM4 sales page... Do you want everyone to forget this EA (like MFM1 and 2)?

I'm glad to hear that you don't need our money (so why sell it?).

I hope your 'new' EA will prove your critics wrong. Good luck! 😉

There never was an MFM1 or MFM2.

MFM3 is still functional. I didn't feel like coming up with a new name for my new EA, so I called it MFM4. If I would have forced all of my MFM3 traders up to MFM4, many of them would have been unhappy, because MFM4 is a very different EA. I stopped sales of MFM3 because it doesn't make sense to promote two EAs. Plus, MFM4 corrects many of the issues that I came across running MFM3.

I work hard on my EAs, and they work very well for most traders, people like you just want to believe that everything is a scam, because you cannot stand that I created something that you didn't.
Member Since Jan 25, 2010   1360 posts
Dec 21, 2014 at 02:04 (edited Dec 21, 2014 at 02:05)
ex4systems posted:
There never was an MFM1 or MFM2.
Okay. 😄

ex4systems posted:
MFM3 is still functional. I didn't feel like coming up with a new name for my new EA, so I called it MFM4. If I would have forced all of my MFM3 traders up to MFM4, many of them would have been unhappy, because MFM4 is a very different EA. I stopped sales of MFM3 because it doesn't make sense to promote two EAs. Plus, MFM4 corrects many of the issues that I came across running MFM3.

1. Customers 'unhappy' for an optional upgrade to 4 that corrects many issues of 3? 😲
2. 'doesn't make sense to promote two EAs.'? (many vendors have multiple EAs...) Whatever you say...

ex4systems posted:
I work hard on my EAs, and they work very well for most traders, people like you just want to believe that everything is a scam, because you cannot stand that I created something that you didn't.

1. I'm sure you do work hard - if it was easy to make an EA everyone (including me) would be doing it.
2. I don't believe 'everything' is a scam, but I am concerned that MFM3 failed miserably (for me and ddr555), yet now you promote MFM4 and forget about MFM3?
3. I appreciate that you created something - I can't. Your conclusion 'I cannot stand that you created something that I didn't' doesn't wash with me... I don't know programming. I am not jealous but upset that I spent my money on your worthless MFM3 previously, and all indications now point to you (the seller) just 'bundling up' your old EA and repackaging it in a 'new' one (though nothing has changed).

You don't have to answer your critics like me: the truth will eventually come out. But why don't you provide some evidence to backup your claims? Show some screenshots to prove Inputs are different, or the chart is different, or something? You should be seeking to resolve any problems, rather than encouraging debates about your product.
Member Since Apr 25, 2014   249 posts
Dec 21, 2014 at 02:14
BluePanther posted:
ex4systems posted:
There never was an MFM1 or MFM2.
Okay. 😄

ex4systems posted:
MFM3 is still functional. I didn't feel like coming up with a new name for my new EA, so I called it MFM4. If I would have forced all of my MFM3 traders up to MFM4, many of them would have been unhappy, because MFM4 is a very different EA. I stopped sales of MFM3 because it doesn't make sense to promote two EAs. Plus, MFM4 corrects many of the issues that I came across running MFM3.

1. Customers 'unhappy' for an optional upgrade to 4 that corrects many issues of 3? 😲
2. 'doesn't make sense to promote two EAs.'? (many vendors have multiple EAs...) Whatever you say...

ex4systems posted:
I work hard on my EAs, and they work very well for most traders, people like you just want to believe that everything is a scam, because you cannot stand that I created something that you didn't.

1. I'm sure you do work hard - if it was easy to make an EA everyone (including me) would be doing it.
2. I don't believe 'everything' is a scam, but I am concerned that MFM3 failed miserably (for me and ddr555), yet now you promote MFM4 and forget about MFM3?
3. I appreciate that you created something - I can't. Your conclusion 'I cannot stand that you created something that I didn't' doesn't wash with me... I don't know programming. I am not jealous but upset that I spent my money on your worthless MFM3 previously, and all indications now point to you (the seller) just 'bundling up' your old EA and repackaging it in a 'new' one (though nothing has changed).

You don't have to answer your critics like me: the truth will eventually come out. But why don't you provide some evidence to backup your claims? Show some screenshots to prove Inputs are different, or the chart is different, or something? You should be seeking to resolve any problems, rather than encouraging debates about your product.

@
Well said Bluepanther! Forget about this guy as he does not care about his customer and grab the money. I am making EAs and giving even free to people.
Help others
Member Since Oct 03, 2013   2 posts
Dec 22, 2014 at 07:41
I bookmarked a copy of MFM4 here at MYFXBOOK and now I tried to see how it was doing and EX4SYSTEMS made it private and started a new account, isn't it very suspicious !!!, What are you hiding?, most likely it blew the account out. If it was a demo that was closed by the broker, let us see it.

https://www.myfxbook.com/members/ex4systems/mfm4/1044596




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