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FOREX ROBOT, please read. IMPORTANT

lucas87
Mar 13 2015 at 11:45
14 posts
Good afternoon at all.

I state that I trade manually and secondly I use on another account an EA. This EA is FOREX DIAMOND.
Furthermore I more or less skilled to write code or EA.
This EA if correctly used works well....my results are the same here...https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078

With these premises I move to my questions.
Lookin at website https://www.reviewforexrobots.com/top-forex-robots.html I found some reviews about EAs, the one about Forex Diamond is true.

What has upset me is not so much the gain but the trades metodology of these EA (all work on REAL SERVER):
REV trader PRO https://www.myfxbook.com/members/fxrobotreviews/rev-trader-pro-real/1043229
Keltner PRO https://www.myfxbook.com/members/fxrobotreviews/keltnerpro-jared/964199
Broker Arbitrage
Vortex Trader PRO

In all the accounts the initial deposit is more or less 5000 (dollar, euro...boh) the initial trades are over 1 lot (minimum).
Many of these EA are really expensive, more than 500 € each....

It seems that they really forecast the future.

I really don't understand the trade metodology used by them
I don't know if these are real account or not but how they work ? do you have an idea ?

At most at all, on an account of 5000 € or dollar it is fucking creazy open trades of 1-2-3- lots. Jesus.

Are possibile these things ?
😲
Because looking at their results the answer is YES, it is
😲😲😲😲😲😲😲😲😲😲😲😲😲😲😲
Bob LLewellyn (ForexAssistant)
Mar 14 2015 at 03:59
465 posts
When they don't share their history, or even the current trade, they have something to hide. This is called a black box. Do you need warned about black boxes? I'm sure you have heard about these before. Let me give the same advice once evangelized by none other than the Oracle of Omaha, Warren Edward Buffett. Never invest in something that you don't understand. All that glitters is not gold. The return sheets may look good but if they don't tell you how the robots work, look for the next opportunity and there is always another opportunity.

If you look at my trade curves, it seems obvious that those systems work, however, because I know how they work - I should use them, not you. At least until you learn and understand how they work for yourself.

Bob
where research touches lives.
Gary Sharp myfxpt com
myfxpt
Mar 14 2015 at 08:29
345 posts
ForexAssistant posted:
If you look at my trade curves, it seems obvious that those systems work, however, because I know how they work - I should use them, not you. At least until you learn and understand how they work for yourself.

Bob

You definitely hit the nail on the head, Bob! An EA for money management, yes, but you gotta pick the trades yourself!
lucas87
Mar 16 2015 at 11:13
14 posts
Yes, I know the black box in fact I'm agree that you must know something works in order to use it.
I even say this. in the past I evaluated several EA, in order to learn their trading style and even for the simple curioisty. The problem of these system is that the instructions are garbade...what really matters is not the definition of each variable but how each variable depens on each others...basically they are black box.

Let me ask you something Bob.
What curves that I saw in your link are yours ?
Bob LLewellyn (ForexAssistant)
Mar 16 2015 at 12:29
465 posts
lucas87 posted:
Let me ask you something Bob.
What curves that I saw in your link are yours ?

Click on the name or picture icon of the person that you wish to see and the system shows the allowed trading accounts. I have two and of course they are both mine. They are both different strategies, only the P.I.G. will work in the US.
I hope I answered your question but if not, ask it again and I'll re-try.
Bob
where research touches lives.
lucas87
Mar 16 2015 at 14:43
14 posts
I have seen them now.
Thank you
davidcraigson
Mar 16 2015 at 20:38
67 posts
lucas87 posted:
I have seen them now.
Thank you
And?
lucas87
Mar 18 2015 at 09:29
14 posts
You are a good coder, your systems have a little drawdown. Why do you not increase each position ?
davidcraigson
Mar 18 2015 at 21:02
67 posts
Be a good idea for you to partner with a trading whizbang sort of person. Your coding skills and their knowledge.... might turn into something.
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