Be assured they are obviously traded very well by EAs.

 That's exactly the point. A machine can do what we never be able to do manually: trading around the clock.

 Otherwise I wouldn't have the time to find out on what kind of crusade against successful EAs you are LOL

 The trade history of the EAs is nobody's business, since I don't sell or publish these great EAs. They are made to trade managed accounts.

 Just use the analyze tool to see the individual CCYs of the acc. and BTW u on demo too...

Have a nice day. Time for the beach walk

Mavy posted:
    Can someone please tell me what the underlying strategy of this EA is? Is it a scalping EA? Or Arbitrage?? If you have an arbitrage friendly brokerage would this work there?


You should read the whole thread from the start, it is explained pretty well. Basically the strategy is using two price feeds thus knowing in advance what FXDD will quote and then making 1pip gains on every trade. This will never be allowed on a real account which is why all systems on myfxbook that shows their trades as Private in either demo or real should be ignored.

Especially the broker must be shown, some of these bucket shop broker firms are themselves trading a fake real account using their own employees to which the 'leak' the prices. They could setup hundreds of imaginary real accounts run on virtual cloud computing PC's with EA's implementing strategies aligned with the phases of the moon on one and the other 453 EA's doing Fib, MACD, support resistance , with themselves, the few that then actually make money are posted. You must know the name of the trader,he must state his name, age and country of residence. You should be able to get him on the phone. A trading firm would be suspect because only individuals can trade, not firms. A scammer could setup hundreds of firms or websites , but when you hear the voice , there can be only one such voice.

Such a fake employee would then gather in all the suckers setting up a PAMM account and have the bucket shop keep all the funds since the EURO trades weren't hedging with futures contracts in any case, it was just all imaginary PC entries on an excel sheet. Then another phantom employee sets up another fake real account with the same bucket shop posting nonsense of 2000% or 500% or 600% gain or whatever.

A demo or real trading statement from Fxpro(oil , dow) , fxcm and forex.com would be acceptable as they are reputable brokers. In addition such a trader must have a stocktwits.com account with real-time trades telling us before the event when to buy oil, not be clever afterwords with imaginary support and resistance lines, fib, MACD or Elliot tripe.

The system designer might say he doesn't want to have his trades reverse engineered but this is not true. There is for example a trader ranked at nr.1 on Zulutrade , I have looked at his trades and tried to reverse engineer it but no luck.

There is a thread on forexfactory.com called ' Technical analysis fallacy ', those of you trading the euro with MACD should read it to see if you are perhaps not deceiving yourself. The market moves in waves, how do you know the market rallied for some other reason then fib, macd, rsi or stochastic?

myfxbook is a tool and technical innovation but like any thing to do with computers it can be gamed. Virtually all the accounts posting 300% gains in real and demo is probably a broker setting up their own fake real accounts. IN the real world 95% of forex traders loose money, the few that make 300% aren't posting to myfxbook.com they are working for Goldman.

bicho1 posted:
    
Cacus, shut up dude, your systems are also a complete waste.

Regards.


Ok, thanks for the constructive criticism :) I appreciate your kindness.

bicho1 posted:
    
cacus posted:
    

Sorry dude, but winning with a prohibited forex strategy is quite like cheating in games... FXDD should have banned this practice.
You are preventing another good forex trader to achieve one of the price places just by playing with a cheat system. That's not right if you ask me.
Its just my humble opinion.
Good luck.

JC



Cacus, shut up dude, your systems are also a complete waste.

Regards.


Why are you so rude man? Do u know his systems well? They seem to perform quite good as far as I can see on myfxbook

cacus posted:
    
pc8multifx posted:
    
Why are you so rude man? Do u know his systems well? They seem to perform quite good as far as I can see on myfxbook



It's ok man, thanks. I really don't know this guy but seems like he always just 'speak well' on their posts... Take a look at their profile...
Anyway, i adore critics, as long as they explain you the problem. Here i see nothing more that unkindness so, don't need any kind of attention...
My EAs are not perfect, i understand that, but they are mine and i know how they work and i'm happy whit them.
This reminds me one more time why i stopped sharing some time ago.... :(
Regards.

JC


Your EAs are not perfect??? your EAs are a complete waste, dude, Just, take a look at your results, you are very mediocre, but you like to open your big mouth to criticize others... You dont have a clue about scalping thats why you are talking nonsense about the EAs that are in the first places at this contest... maybe you are just envious, as usual.