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Algotrader Expert Advisor Beta testing v.5.2 (By algotraderea )

The user has deleted this system.

Algotrader Expert Advisor Beta testing v.5.2 Discussion

Professional4X
Apr 21 2016 at 07:03
1189 posts


OK
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X
Apr 23 2016 at 20:55
1189 posts
Congratulations, you made a 159 pips on DEMO.

1) This is a demo account.
2) Demo accounts have no financial risk, and often will produce unrealistic results.
3) All of your stats are hidden, including your trading history.
4) You openly admit you cannot show a live account.
5) You are attempting to sell an EA.
6) You openly admit you will not show your trading history, not even to someone who wishes to purchase your EA.
7) There is NO VERIFIABLE PROOF that your EA will work on a live account.

Given the facts as outlined above, you've presented no real evidence that your EA actually works.

If your EA works, then it is simple to prove that it works.

Allow me to have a copy of your EA for a period of 90 days during which I will put it on a small live account with a verifiable and reputable brokerage. In addition I will setup a public stats page for it here on myfxbook.com

If your EA actually works, then you should have absolutely nothing to fear from my offer because it will greatly benefit you.

If however, you are not being honest in your claims, then this too will be proven because the account will not generate similar performance results as yours, or you will simply refuse my offer and continue on with this nonsense.

So here we are, here's your chance to prove your claims once and for all.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
US.YOUNG (michaelkim)
Apr 23 2016 at 22:31
182 posts
Professional4X posted:
Congratulations, you made a 159 pips on DEMO.

1) This is a demo account.
2) Demo accounts have no financial risk, and often will produce unrealistic results.
3) All of your stats are hidden, including your trading history.
4) You openly admit you cannot show a live account.
5) You are attempting to sell an EA.
6) You openly admit you will not show your trading history, not even to someone who wishes to purchase your EA.
7) There is NO VERIFIABLE PROOF that your EA will work on a live account.

Given the facts as outlined above, you've presented no real evidence that your EA actually works.

If your EA works, then it is simple to prove that it works.

Allow me to have a copy of your EA for a period of 90 days during which I will put it on a small live account with a verifiable and reputable brokerage. In addition I will setup a public stats page for it here on myfxbook.com

If your EA actually works, then you should have absolutely nothing to fear from my offer because it will greatly benefit you.

If however, you are not being honest in your claims, then this too will be proven because the account will not generate similar performance results as yours, or you will simply refuse my offer and continue on with this nonsense.

So here we are, here's your chance to prove your claims once and for all.



I am sure he will refuse your offer. why?? he said that some one will steal his strategy. I think it is nonsense EXCUSE.
He is asking $500.00 for his EA.
Anyone tried his EA?????????????????????
ahmedfouad
Apr 24 2016 at 09:29
198 posts
Hi Vendor,

Instead of paying 2,000 USD full amount for EA and we don't know how it will do on real.
We are happy to try it.

BUT can you publish your product on MQL5 and open monthly rent option at 100 or 200 USD for example instead of paying the unguaranteed one time big payment...?

Like this we'll try with you and you will still get money with no commitment on real..!!!!

And you don't need to open history and justify this many times...!!!

How do you like ? Good deal...?! 😎😁
ahmedfouad
Apr 25 2016 at 10:19
198 posts
algotraderea posted:
ahmedfouad posted:
Hi Vendor,

Instead of paying 2,000 USD full amount for EA and we don't know how it will do on real.
We are happy to try it.

BUT can you publish your product on MQL5 and open monthly rent option at 100 or 200 USD for example instead of paying the unguaranteed one time big payment...?

Like this we'll try with you and you will still get money with no commitment on real..!!!!

And you don't need to open history and justify this many times...!!!

How do you like ? Good deal...?! 😎😁
We use only myfxbook and our strategy will not be available in mql5 or for monthly rent.


😁😁😁😁😁😁😁
AimeL
Apr 25 2016 at 11:17
37 posts
If the vendor truly trust the EA, why not accept the advice about monthly subscription instead of asking people to pay 2000$, with no money back?
Ozzie Matt (aeronthomas)
Apr 25 2016 at 11:33
1557 posts
it only works on demo accounts
KATSUO KEI (KATSUO)
Apr 25 2016 at 13:52
84 posts
ahmedfouad
Apr 25 2016 at 16:02
198 posts
AimeL posted:
If the vendor truly trust the EA, why not accept the advice about monthly subscription instead of asking people to pay 2000$, with no money back?

My personal experience...
Most of the sellers on myfxbook are scammers.....
If you are interested they ask you to contact them via email or skype and you pay via skrill or webmoney.
They are untrusted..
As I already lost money in this way, I would like to advise each of you to never buy from any contact on myfxbook.
Better if they have official web site (with pay link in the site via paypal) or via MQL5

Best regards
Ozzie Matt (aeronthomas)
Apr 26 2016 at 11:13
1557 posts
ahmedfouad posted:
AimeL posted:
If the vendor truly trust the EA, why not accept the advice about monthly subscription instead of asking people to pay 2000$, with no money back?

My personal experience...
Most of the sellers on myfxbook are scammers.....
If you are interested they ask you to contact them via email or skype and you pay via skrill or webmoney.
They are untrusted..
As I already lost money in this way, I would like to advise each of you to never buy from any contact on myfxbook.
Better if they have official web site (with pay link in the site via paypal) or via MQL5

Best regards
good advice or use a reputable signal on signal start or simpletrader that has payment with paypal, or one of the affiliate networks click2sell or jvzoo etc. only signals verified from real accounts too not demos.
ahmedfouad
Apr 26 2016 at 11:15
198 posts
KATSUO posted:
very beauty

Ohh...really?!!!😁😁😁😁😁😁
Walter Lea (walteremslie)
Apr 27 2016 at 06:27
96 posts
Everything been private and no transparency and demo... so much to hide... why even bother buying anything here !!!

😉😂😁😁😁
AimeL
Apr 27 2016 at 14:49
37 posts
so what are you planning to do? still want to sell the EA for 2000$? or subscription base?
Professional4X
Apr 27 2016 at 19:35
1189 posts
algotraderea posted:
AimeL posted:
so what are you planning to do? still want to sell the EA for 2000$? or subscription base?
Trade copying or monthly subscription will never be available for our strategy.

And you will never show any proof your EA works too right? No stats, no real account, refusal of offers by people to put it on a real account and make them public....

It's simple. Prove it works. Show us real world LIVE account testing on a reputable brokerage. That's all we're really asking for.

Send me a copy of the EA with a 90 day expire date, and allow me to put it on a live account with a reputable brokerage.

If it is profitable everyone will know it, because the stats will be public.

If it doesn't work, you'll just refuse and ignore this offer.

if it works, you would have nothing to hide. If it doesn't you'll just keep trying to get people to send you $2000.00 for an ea that probably doesn't work as you advertise.

SHOW THE PROOF!
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Swing Trading FX (Daveski)
Apr 28 2016 at 06:06
37 posts
Do you have a max number of trades open at any given time? What's your SL/TP? How much?


Thanks,
Plan the Trade. Trade the Plan
Ziya (ZKFXtrader)
Apr 28 2016 at 19:39
258 posts
What is the cost of this EA? Can we have a demo version first to test drive your EA?
Succeed in Forex trading
Ziya (ZKFXtrader)
Apr 28 2016 at 19:41
258 posts
Professional4X posted:
algotraderea posted:
AimeL posted:
so what are you planning to do? still want to sell the EA for 2000$? or subscription base?
Trade copying or monthly subscription will never be available for our strategy.

And you will never show any proof your EA works too right? No stats, no real account, refusal of offers by people to put it on a real account and make them public....

It's simple. Prove it works. Show us real world LIVE account testing on a reputable brokerage. That's all we're really asking for.

Send me a copy of the EA with a 90 day expire date, and allow me to put it on a live account with a reputable brokerage.

If it is profitable everyone will know it, because the stats will be public.

If it doesn't work, you'll just refuse and ignore this offer.

if it works, you would have nothing to hide. If it doesn't you'll just keep trying to get people to send you $2000.00 for an ea that probably doesn't work as you advertise.

SHOW THE PROOF!
I agree with you. In the past, I have been scammed by similar EA seller. I paid $2000/- and EA does not work at all in real account.
Succeed in Forex trading
Professional4X
Apr 28 2016 at 19:59
1189 posts
ZKFXtrader posted:
What is the cost of this EA? Can we have a demo version first to test drive your EA?

Apparently they want $2000.00 for the EA.

They will not provide demo copies for testing.

There is NO proof it works, and any offers to verify it for them on a live account have gone ignored.

They've made it very clear that no one will be allowed to see the trade history. Not even if you buy the EA, and no one will be allowed to test the ea for them, not on demo, and most certainly not on a live account.

$2000.00 for an EA that has no verifiable proof it works on a live account is completely unreasonable in my opinion.

I personally would stay far away from anyone who tries to get thousands of dollars for a product which they cannot prove works.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Ziya (ZKFXtrader)
Apr 28 2016 at 20:01
258 posts
I will stay away. What about your EA or trading strategy? I am referring following account:
https://www.myfxbook.com/members/Professional4X/neural-network-phase-2/1608586
Succeed in Forex trading
Professional4X
Apr 28 2016 at 20:03
1189 posts
ZKFXtrader posted:
I will stay away. What about your EA or trading strategy? I am referring following account:
https://www.myfxbook.com/members/Professional4X/neural-network-phase-2/1608586

Hi, that's an automated trading system I am working on.
It's on demo currently for testing and development.
The trades on that are currently unreliable for live trading.

In general it's a neural network system usiing multiple time frame analysis for trading.
Highly experimental at the moment and not intended for live trading yet.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
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