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Low risk? Risk reward of 20:1 and you call it low risk? It's almost certain you won't survive trading with this robot for a long run. At best, you will just break even.
Trade price extreme in 5 minute chart using any technical indicator with the same risk reward as HiRider Advanced, and the result willl be the same. For example, when price hits the upper bollinger band in 5 minute, short with TP 12 pips and SL 210 pips. Or when RSI hits 80, short with TP 12 pips and SL 210 pips.
This kind of simple technique can be coded in MQL in less than 30 minutes if you study the language a little b......
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My bet is they don't have any single customer left who does not request a refund.
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[quote]jonfxbot posted:
As I have stated, once you look at the codes and I have looked
at the codes of over 100 EAs and guess what? Not one single
one has any one single code of original logic or coding. It all
came out of metaquotes programming forum and from the
metaquotes guys themselves. So don't make some ethical
or moral argument. Only private EAs have value and only those
you have programmed yourself has any value.
DLL can be decompiled as well. And all EAs can be recoded to
not refer to the DLLs. And all protective function codes can
be either deleted, rec......
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Hi carlscott1982,
That's really nice of you to try dealing with them. FRWC has made it really difficult for people to get a refund, first by changing rules to get refund only after 30 days, then refund only after 30 actual trading days. Then they send a copy and paste email asking people to wait and not to get a refund, and then this last one of bounced back email. That's enough for me.
Any other EA sold by clickbank, you request a refund, you instantly get it, no questions asked, no hassles.
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I don't like cracking and hacking and dislike those who try to do this kind of thing. A good EA deserves to be paid, period.
In other news, I received an email from Plimus that the refund is complete, although I still need to see it in my statement. The refund is not coming from FRWC. After FRWC copy and paste email to my refund request, I replied to them I would prefer my refund, only to be bounced back to me saying their mailbox is full. WTH?
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I closed the HiRider trades earlier manually with much lower loss on 3/26 or 3/25. I traded live, and so far has managed to just lose very little with some manual intervention.
If anyone is fine with a suicidal risk reward of 1:20, they can easily make any expert advisor themselves to trade extreme price movement using any technical indicator like Bollinger Band, RSI, etc (e.g. open a short trade when RSI hits 80 or more in 5 minute chart with TP 12 pips and SL 210 pips). The result would be exactly the same as HiRider, lots of gains and occasional loss which will wipe out all gains and mor......
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This robot has 1:20 reward vs risk. Obviously you will win many times, but over the long run, I don't believe you can survive with this kind of robot.
If this kind of risk reward is ok for you, it's not too difficult to create an expert advisor. Just create a system to catch extreme price action using technical indicator like Bollinger Band, RSI, etc then target 12 pips with Stop Loss 210 pips. You will win many times like Hirider Advanced, but it's just a matter of times before that consecutive losses will wipe all your gain and more.
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Hi Steve,
Thanks for opening this thread. And please don't remove this account just yet although you have stopped Fusion.
I am currently requesting a refund as well and got the copy and paste job. Haven't heard back from them again just yet.
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FRWC live account is down 40% from the initial $1000 deposit, LMAO. Actually if you calculate from their last balance of $1400, then the drawdown of the past few trades is 60%.
Super Volcano started the assault, and then Straasha continued the job to suck the equity down like a vampire. From the trade history, it seems that they have to manually delete the pending orders from Straasha, and then reset Straasha to 0.01 lot to avoid margin call.
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No clue what's going on with FRWC live account. Those 5 monster loss GBP JPY positions should wipe out their equity significantly, and yet it seems like the equity is doing fine. I smell something not right. Auto sync credit of $700+? WTH?
Straasha is also waiting to open up many trades with huge lot size. The account is going to be blown up for sure, just waiting for the time.
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