I tried this guy 'TheFX4You' EA which named 'RTREND'
This EA 'RTREND' will open multiple positions when price reverses and it will float your account in huge drawdown hoping that price will come back to make just 10 pips profit..!!! you can wait one week, one month, or more....!
He will tell you sweet words that maximum drawdown is 10%, and he will give you settings to this EA than when you apply a backtest for it you will find it good (which is not evidence for the future)....
Take care guys, whenever one new approaches him to ask for this EA, he will send you a set file of some settings that when you apply a backtest for it, you will find it successful....
He will recommend you JPY pairs....and the worse situation happened when I opened sell position on USDJPY at price 103 and price reversed till 110 with 4 positions.....and price should go to 105 to beakeven and get out of this trap...hopefully before your account wipes out..
This guy is really teasing when you find him in other EA's discussions and critisizes it's performance, and claims that it's risky and his EA is far way safer....
He will tell you that he is running this EA on his live account of 10,000 USD....But this is a lie.
He will tell you that he doesn't share his EA performance on myfxbook because others will copy his system trades....But this is a lie..
He will claim on his site that if you are satisfied, there is 30 days money back guarantee.....But this is a lie
When you ask him to send an MT4 account to check the performance, he will create many silly reasons to escape fulfilling this request because he know that his system is a big lie....
He will tell you that the money he gets from this EA is spending for charity and nothing for himself at all....!!! This is a jolk + a lie....!!!
I took an oath that I will follow him....and I will advise anybody before being fooled by him..
He is still alive on myfxbook fishing new customers...and I am following him..
He will never argue with me because he knows himself.....I have all his lying emails with me and I can share with anybody...I even can share his lie EA and give it for free to anybody....But please never try it otherwise it will put your account in deep floating drawdown and eventually it will wipe it out....
Please..Please..... take care and protect your money and invest it wisely..
I would appreciate that the concerned person to reply by himself not through anybody else.... Unless you and him are the same....(directly or indirectly)..... I am challenging you to give me your account details (MT4 or myfxbook) for the period from April to October 2014..
I dont want to jump into conclusion and call TheFx4You a scammer/conman at the moment, but my account is in a huge DD at the moment and he is not replying my email ever since i asked him about the procedure and requirement for his 'money back guarantee' as i would like to request for a money back!
Let's see will he reply my email as it has been a week since he ignore my email...hmmm...
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