New version Project Rainbow v2.6 risk 0,1 lot for each 1000$ Discussion

If you are selling your ea through the marketplace at mql5.com then please tell me the link where I can look at the market page. Thank you.

Of course, here's the link.
https://www.mql5.com/en/market/product/11916
I would also recommend to watch the video on how to buy / rent the products in store.


P.S.:
Yes, I am the developer of this EA.
EA Rainbow rentals is only available to new customers on request through a private message.

And please understand this is not an attack, but rather I am trying to understand why you would be even selling it at all?

You're selling the EA for $1500.00 USD and I see that you've had 5 people activate the ea on the market place.

5 * $1500.00 = $7500.00 USD that you've made so far.

Yes I understand there are services fees and such on mql5.com so it's probably more like $7000.00 or so in your pocket.

So I just have to ask you... If your ea works as good as you feel it does, why are you selling it?

Even in a very small account, if the ea works, it should build up a fairly decent account balance in hardly any time at all.

I'm just trying to understand the situation here, because $1500.00 is a fairly decent amount of funds.

Thanks for the discussion, I do appreciate it.

Good afternoon, Professional4X.
I will try to answer your questions.
1. 'Activation = 5' is not the number of sold EA, and the number of computers that are allowed to install the EA.
The number of terminals is not limited MT4 on each computer.
2. Web site, the Commission is much greater than you think. Several times.
3. Subject to a small drawdown with a small risk of the trade (0.1 per 1000), the average yield per year of only 120-180%
To these percentages were 'nice', requires a substantial amount of the deposit.
But since last year we have 'burnt' deposits scam RVD and 2 more brokers, but now we need to raise capital.
So we decided to sell the EA to build equity.

I downloaded the demo from the market place, and will put it on a demo account and see how it works.
Thanks for the additional information. I do appreciate the open and honest discussion with me.

I'll let you know next week what my results are. Thank you.

Demo trial will not work in the market. It is only for the tester. This condition 'Market'.
If you want to try, take rent for 1 or 3 months (20 or $ 60). for this please visit the MQL and send me PM.

I can't forward test it? not even on a demo account? That's pointless.
I'm not going to give anyone money unless I can test it. Otherwise, you get money and I get burnt.
Not saying that's your intention, but seriously, that's pretty unprofessional.
Never mind. I am no longer interested.

OK.
This condition of the marketplace.

The back tester is NOT a valid example of real world trading.

Results are far too easily manipulated.

You want me to pay you in order to forward test it. That's completely absurd.

Like I said. Without being able to forward test it, I am not giving anyone money.

Good luck with your EA, but there is no way I am ever going to become your customer.

I understood you. Bye.

Professional4X posted:
The back tester is NOT a valid example of real world trading.

Results are far too easily manipulated.

You want me to pay you in order to forward test it. That's completely absurd.

Like I said. Without being able to forward test it, I am not giving anyone money.

Good luck with your EA, but there is no way I am ever going to become your customer.

As I understand it this is a MQL5 marketplace requirement, not sure what the vendor can do... blame MQL5, not the vendor... my own view is that the vendor has answered all the tiresome questions and is offering a cheap way to trial his intellectual property.. again not sure what else he can do... also put a live test.. I might give it a spin, its not so expensive to rent for a few months...

Sergey - so far on the cent account all the longs seem like winners, shorts all losers.. any way you could add a market filter to know when the strategy is better off long or short only?

good afternoon, candlesurfer.
Now only 10 transactions, it is not an indication that the filter needs to be done short / long.
In tests over 16 years the number of short / long about the same. And the ratio of profit / loss for the short / long about the same.

Project Rainbow EA
https://www.mql5.com/en/market/product/11916
Real monitoring
https://www.myfxbook.com/members/Sergey5x5/project-rainbow-ea/1474648
Transactions match back test
You can check on their real / demo account.
Rent for 1 or 3 months ($ 20 or $ 60).
This option is only available to new customers on request through a private message.

BIG SCAM

Deyaz posted:
BIG SCAM

envious tro-lo-lo 😁😁😁

Try the sales leader in the 'Market' on your real and demo account.
Project Rainbow EA
https://www.mql5.com/en/market/product/11916
Real monitoring
https://www.mql5.com/en/signals/157000
Transactions match back test
You can check on their real / demo account.
Rent for 1 or 3 months ($ 20 or $ 60).
This option is only available to new customers on request through a private message

Version 2.6 is available for download.
Changes: breakeven function converted from a static to a dynamic-adaptive.

 video 'how to upgrade':

_
 
Breakeven settings - tagging function Breakeven. %% On the size of the take-profit at the current transaction (adaptive-dynamic)
WLMode:
false - the function is disabled
true - the function is enabled
WLStep = 90 - function is activated when the current trade brings floating profit equal to 90% of the size of the take profit on the transaction.
WLPoint = 10 - for as many% of the take-profit size will move the stop-loss at activation WLStep.