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1k to over 1 billion in less than 24h (By birt )
The user has deleted this system.
1k to over 1 billion in less than 24h Discussion
forex_trader_1306
Member Since Oct 02, 2009
7 posts
Dec 23, 2009 at 07:47
Hey birt,
When i first got on this system's page I thought to myself, "WTF?!" but then I read the system description and it seems there is some sort of exploit? Unfortunately your description is cut short right when it starts to get interesting; Could you please explain what that exploit is to us? 😎
Thanks man.
m1g
"This system is not for sale. This system would not work in live trading and I quickly written it as a mockery to EA authors showing extremely profitable demos on GCG (FX Genius, Dragon EA etc.). As far as I'm concerned, the point is " <== ?
When i first got on this system's page I thought to myself, "WTF?!" but then I read the system description and it seems there is some sort of exploit? Unfortunately your description is cut short right when it starts to get interesting; Could you please explain what that exploit is to us? 😎
Thanks man.
m1g
"This system is not for sale. This system would not work in live trading and I quickly written it as a mockery to EA authors showing extremely profitable demos on GCG (FX Genius, Dragon EA etc.). As far as I'm concerned, the point is " <== ?
Member Since Jul 31, 2009
1418 posts
Dec 23, 2009 at 08:24
theM1G posted:
Hey birt,
When i first got on this system's page I thought to myself, "WTF?!" but then I read the system description and it seems there is some sort of exploit? Unfortunately your description is cut short right when it starts to get interesting; Could you please explain what that exploit is to us? 😎
Thanks man.
m1g
"This system is not for sale. This system would not work in live trading and I quickly written it as a mockery to EA authors showing extremely profitable demos on GCG (FX Genius, Dragon EA etc.). As far as I'm concerned, the point is " <== ?
theM1g, the short description was an issue on our side - it's now fixed.
forex_trader_1306
Member Since Oct 02, 2009
7 posts
Dec 23, 2009 at 09:06
Staff posted: theM1g, the short description was an issue on our side - it's now fixed.
Thanks for fixing it.
Birt, you don't go into detail in your system description how the GCG scam works? Would you mind shedding some light on this?
forex_trader_7
Member Since Aug 01, 2009
895 posts
Dec 23, 2009 at 13:25
Way to go Birt!! You're the man!!
I hate these bogus scammer people.
I hate these bogus scammer people.
Member Since Sep 04, 2009
849 posts
Dec 23, 2009 at 13:55
Hey guys , most of you have nothing to show us on your pages regards systems or trading performances...😲
Are u still searching for the holy grail here LOL?
Good luck!
Are u still searching for the holy grail here LOL?
Good luck!
forex_trader_4196
Member Since Dec 08, 2009
18 posts
Dec 24, 2009 at 09:09
Hi Birt!
Just have had a look at your mockery. Actually it has very little in common with Dragon EA. First of all, you say that your system won't work in a live trading, but Dragon EA works and proofs are coming right after the holidays. But you're obviously a genius coder since you were able to write down this code in a short time! I wonder if you applied your talents in a right way, probably your other systems weren't in the backyard by now 😀
Anyhow, your mockery looks more like a jealous grimace.
Just have had a look at your mockery. Actually it has very little in common with Dragon EA. First of all, you say that your system won't work in a live trading, but Dragon EA works and proofs are coming right after the holidays. But you're obviously a genius coder since you were able to write down this code in a short time! I wonder if you applied your talents in a right way, probably your other systems weren't in the backyard by now 😀
Anyhow, your mockery looks more like a jealous grimace.
Dec 27, 2009 at 12:02
Just to explain it, this system is using broker arbitrage (look it up if you don't know what that is) from multiple "master" price feeds. Because the GCG feed is slow (typically several seconds behind), it's possible to open trades before the price changes, knowing the direction of the change.
As for my other systems, none of them is actually programmed by me, they're only forward tests related to my EA review site, http://eareview.net/
To those who mailed me asking for the system: I'm sorry, but I do not intend to share it.
As for my other systems, none of them is actually programmed by me, they're only forward tests related to my EA review site, http://eareview.net/
To those who mailed me asking for the system: I'm sorry, but I do not intend to share it.
forex_trader_1306
Member Since Oct 02, 2009
7 posts
Dec 27, 2009 at 12:06
Thanks for that explanation birt. I knew there had to be some kind of illegal thing going on there... Still, there's yet another question I'd like to ask you. Just how did you manage to pull multiple price feeds from a single EA (running on a single account?) and then have it trade? Maybe DDE from multiple MetaTrader instances or something?
Again, congrats on your mockery. ;)
Again, congrats on your mockery. ;)
Dec 27, 2009 at 12:16
It's rather complicated and I wouldn't want to get into the details, giving free tips; suffice to say that for me it was a fun programming exercise, using some techniques I haven't used before and the whole thing probably took a bit over 8 hours. In any case I didn't use DDE, although that might work as well.
Dec 27, 2009 at 12:25
theM1G posted:
Just how did you manage to pull multiple price feeds from a single EA (running on a single account?) and then have it trade? Maybe DDE from multiple MetaTrader instances or something?
shouldn't be hard for a programmer with basic knowledge with dll's (no, that's not me 😉).
you just need to create an ea that sends prices to the master ea which is on your main trading account. run the ea's on all the platforms you want to get the feed from, and on your main platform you just work with additional variables which are the different feeds.
Sleep is for the weak.
forex_trader_1306
Member Since Oct 02, 2009
7 posts
Dec 27, 2009 at 12:28
Hehe, right then. I see where you both are coming from now. Thanks for your replies. My brain ain't tickling no more lol.
BTW birt, I do *not* intend to use this or similar techniques in my trading. In fact, I don't use EA at all; I'm all for manual trading. ;)
Thanks again all.
BTW birt, I do *not* intend to use this or similar techniques in my trading. In fact, I don't use EA at all; I'm all for manual trading. ;)
Thanks again all.
Dec 27, 2009 at 12:32
biz0101 is correct when it comes to the general idea.
theM1G: I didn't refer to you personally, but if I even hint to what I used, I will probably see the technique implemented and sold by some scammer with a flashy website in a couple of weeks.
theM1G: I didn't refer to you personally, but if I even hint to what I used, I will probably see the technique implemented and sold by some scammer with a flashy website in a couple of weeks.
Dec 27, 2009 at 14:50
On the fun side, I see that after I added this system, myfxbook immediately changed the defaults on the systems page to listing only systems running on a real account and I applaud the decision :) It should probably only list trade-verified systems by default, too.
Member Since Jul 31, 2009
1418 posts
Dec 27, 2009 at 15:12
birt posted:
It should probably only list trade-verified systems by default, too.
birt, only verified systems are listed in the systems page.
Thanks for the suggestion 😄.
Member Since Apr 16, 2010
3 posts
May 13, 2010 at 03:14
OSIS, how would the broker have gone bankrupt? Wouldn't they have made a lot of money through spread?
Member Since Apr 20, 2010
808 posts
May 13, 2010 at 03:46
Because the broker is Market Maker type. They didn't route your trade to real market, that's why you will not get re-quote.
They wouldn't bankrupt, they just don't pay you and forfeit your deposit too as trying to scam them using market price delay tactic on them.
They wouldn't bankrupt, they just don't pay you and forfeit your deposit too as trying to scam them using market price delay tactic on them.
Information is Gold when come to organised.
