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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 28 2016 at 20:11
1189 posts
This was the page for phase 1 of the test.
https://www.myfxbook.com/community/trading-systems/neural-network-training/1164537,1
I deleted the account. But a couple of posts are still there.

It blew out the account in about 48 hours. I expected it to do so, because the system is still learning how to trade.

From this point on, Ill leave the account stat pages up because I think it's important to be very transparent with what is happening and why it happens. It will also allow a good look to see how it progresses over time, and show some pretty major flaws that exist with automated systems.



If it looks too good to be true, it's probably a scam! Let the buyer beware.
Ziya (ZKFXtrader)
Apr 28 2016 at 20:15
258 posts
OK, let us know when you are confident of your Neural system. from day one trading, it looks like a trend catching system. It caught the trend of Yen strength. But most movement happened last night at 11PM (New York Time) when Japan Bank declared their monetary policy. were you not trading at the time?
Succeed in Forex trading
Professional4X
Apr 28 2016 at 20:21
1189 posts
ZKFXtrader posted:
OK, let us know when you are confident of your Neural system. from day one trading, it looks like a trend catching system. It caught the trend of Yen strength. But most movement happened last night at 11PM (New York Time) when Japan Bank declared their monetary policy. were you not trading at the time?


Yes. It started trading about 10:00pm (New York Time).
https://www.myfxbook.com/community/trading-systems/neural-network-training/1164537,1

We should discuss it on the above link rather than this thread as it's off topic here.
That link is from the phase 1 test.

I'll keep you informed of results and let you know when I move it to a live account.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
successwill
Apr 29 2016 at 06:47
247 posts
Everything is private.. whats the point of showing it here?
johntrung
Apr 29 2016 at 07:20
494 posts
And if your EA doesnt deliver the same in real trading, how do we get back that 2000usd?
There will always some good opportunities , just don't give up
ahmedfouad
Apr 30 2016 at 08:32
198 posts
algotraderea posted:
For them who are monitoring this account we want to update that we have started a real account which they can monitor also.

The myfxbook link is:
https://www.myfxbook.com/members/algotraderea/algotrader-expert-adviser-real-accountprofile/1609250

That's a good move from you.
But it would have been better if it's not a cent account.
ahmedfouad
Apr 30 2016 at 10:41
198 posts
algotraderea posted:
johntrung posted:
And if your EA doesnt deliver the same in real trading, how do we get back that 2000usd?
Similar questions are already answered in this thread. We neither guarantee regarding the performance nor do we provide refund.
Someone should carefully consider these two things before purchasing the ea.


Here is a good question to you..
You said you don't guarantee performance , no guarantee you don't provide refund, no guarantee etc etc etc....
OK...

Any guarantee for who pays you to get the same EA you are showing its performance on myfxbook and not instead to get a fake one like most of the advertisers on myfxbook do....??? 😉😉😉😉😉
AimeL
Apr 30 2016 at 11:21
37 posts
How can someone buy a EA for 2000$? The EA have never been tested in any real account. No money back guaranty. No website. Should we not need to be transparent?
AimeL
Apr 30 2016 at 11:21
37 posts
johntrung posted:
And if your EA doesnt deliver the same in real trading, how do we get back that 2000usd? Everyone , please boycott this scammer because we are helping him to promote his junk EA
True. We have to boycott him. He has show a sign of being a scammer. Otherwise let him prove that he is not a scammer.
ahmedfouad
Apr 30 2016 at 11:24
198 posts
AimeL posted:
How can someone buy a EA for 2000$? The EA have never been tested in any real account. No money back guaranty. No website. Should we not need to be transparent?

And most important of all, that they will never guarantee you that they give you the same EA which they are using on myfxbook..They could give you any other EA....No guarantee....!!!!!!
ahmedfouad
May 01 2016 at 11:05
198 posts
algotraderea posted:
ahmedfouad posted:
algotraderea posted:
johntrung posted:
And if your EA doesnt deliver the same in real trading, how do we get back that 2000usd?
Similar questions are already answered in this thread. We neither guarantee regarding the performance nor do we provide refund.
Someone should carefully consider these two things before purchasing the ea.


Here is a good question to you..
You said you don't guarantee performance , no guarantee you don't provide refund, no guarantee etc etc etc....
OK...

Any guarantee for who pays you to get the same EA you are showing its performance on myfxbook and not instead to get a fake one like most of the advertisers on myfxbook do....??? 😉😉😉😉😉
Yes, this is also a possibility that we may give a different ea. There is also no such guarantee as well. We don't encourage anyone to buy our ea if he is a little bit sceptical about our ea and concerned about the performance of the ea or whether he will get the same ea or not etc... He should definitely stay away. Because we don't provide any guarantee of any type. We have made everything very much clear by now.

In this case, I think myfxbook administrators should be involved... My role ends here... There is a high risk on people's hard earned money because you are asking for 2000 $ from people for nothing... I will report that...
ahmedfouad
May 01 2016 at 15:21
198 posts
What type of people we are dealing with here..?

A person who is ready to get paid but not to give the buyer the same product he is showing...

And he is admitted to that...!!!!!!!!!!!!!

What a real strange and greedy world we became in...!!!! I really feel sad for that type of behaviours
US.YOUNG (michaelkim)
May 01 2016 at 15:53
182 posts
algotraderea posted:
@ahmedfouad

It should be very much clear that we are not asking anyone anything here and also, we are neither sending any advertising emails privately nor we are advertising here publicly asking others to come and buy our product .

It is the people who ask us to buy the product as well as ask questions. We think it is our responsibility to answer the questions and to make everything very much clear before someone purchases it.

That is the reason we want to keep our myfxbook profile as well as terms of dealing with other myfxbook users very much clear so that no one can come here later and complain about anything regarding performance or whatsoever. It is the sole responsibility of the buyer if someone buys our product or not and risk goes 100% to the buyer if he buys it.

OK,
If you do not sell your EA, Who cares?. Just you showing up your trading skill with your EA or manual trade on myfxbook.
Showing in myfxbook itself is Advertising your EA I think. Just trade and keep your money in your account. What is the reason you show here? you are expecting some trader contact you and begging to sell and
You are selling your EA for $2000.00 to whom asking for sell. Maybe you show an Orange and selling an Apple.
You are making profits with your EA and the EA buyer can not make money as much as you, It is scam.

I know that 99% of EA sellers are Scammer if they don't show all Info on myfxbook. Maybe you belongs to 99%.
Good luck
Professional4X
May 01 2016 at 18:26
1189 posts
algotraderea posted:
It should be very much clear that we are not asking anyone anything here and also, we are neither sending any advertising emails privately nor we are advertising here publicly asking others to come and buy our product .

Oh REALLY? Please just stop with this absurdity. The very first post by you on this discussion thread was to SELL YOUR EA.
That alone shows that you are not being honest about what you are doing.








algotraderea posted:
It is the people who ask us to buy the product as well as ask questions. We think it is our responsibility to answer the questions and to make everything very much clear before someone purchases it.

Your actions are contradictory to your words. Please just stop lying to yourself and everyone else. You say that it is your responsibility to answer the questions, and to make everything clear before someone purchases your EA.

Firstly, you just say that you are not advertising your ea for sale, and now you say you are selling it?

NUMEROUS people have asked you to show your trades and trade history. You say it is your responsibility to answer these questions and to make everything clear. Great! Please do so. Please make your trading history public so that it can be made clear as you say. Accept the responsibility that you openly just said is yours, and clear things up for us. We would like to see your open trades and your trading history.


algotraderea posted:
That is the reason we want to keep our myfxbook profile as well as terms of dealing with other myfxbook users very much clear so that no one can come here later and complain about anything regarding performance or whatsoever. It is the sole responsibility of the buyer if someone buys our product or not and risk goes 100% to the buyer if he buys it.

Again what you just said is contradictory to what is directly above it.
You say it is your responsibility to answer our questions, and you say it is your responsibility to make sure it is all clear to us.
Please stop with all your nonsense. Please show us all your stats and trades on the account so we can verify your trades. Thank you. By your own words this is YOUR responsibility and it is YOUR responsibility to please answer our questions.

If you are honest, you have nothing to hide.
So what's it going to be? Are you honest? Or are you just making claims that you know for a fact which are untrue?
If it looks too good to be true, it's probably a scam! Let the buyer beware.
ahmedfouad
May 01 2016 at 18:34
198 posts
Professional4X posted:
algotraderea posted:
It should be very much clear that we are not asking anyone anything here and also, we are neither sending any advertising emails privately nor we are advertising here publicly asking others to come and buy our product .

Oh REALLY? Please just stop with this absurdity. The very first post by you on this discussion threat was to SELL YOUR EA.
That alone shows that you are not being honest about what you are doing.








algotraderea posted:
It is the people who ask us to buy the product as well as ask questions. We think it is our responsibility to answer the questions and to make everything very much clear before someone purchases it.

Your actions are contradictory to your words. Please just stop lying to yourself and everyone else. You say that it is your responsibility to answer the questions, and to make everything clear before someone purchases your EA.

Firstly, you just say that you are not advertising your ea for sale, and now you say you are selling it?

NUMEROUS people have asked you to show your trades and trade history. You say it is your responsibility to answer these questions and to make everything clear. Great! Please do so. Please make your trading history public so that it can be made clear as you say. Accept the responsibility that you openly just said is yours, and clear things up for us. We would like to see your open trades and your trading history.


algotraderea posted:
That is the reason we want to keep our myfxbook profile as well as terms of dealing with other myfxbook users very much clear so that no one can come here later and complain about anything regarding performance or whatsoever. It is the sole responsibility of the buyer if someone buys our product or not and risk goes 100% to the buyer if he buys it.

Again what you just said is contradictory to what is directly above it.
You say it is your responsibility to answer our questions, and you say it is your responsibility to make sure it is all clear to us.
Please stop with all your nonsense. Please show us all your stats and trades on the account so we can verify your trades. Thank you. By your own words this is YOUR responsibility and it is YOUR responsibility to please answer our questions.


Don't bother yourself...He will tell you, there is no guarantee that he is honest...! etc......He is the most expensive 'No Guarantee' 2000 USD person...
AimeL
May 02 2016 at 10:18
37 posts
I think, as we are all traders that are looking for positive results from trading, a seller and a buyer of EA should cooperate so as to make the atmosphere honest, sincere and trustworthy. If you have a good system and you showcase it and any of traders forum, it means that you are ready to offer a service to other traders, either selling of robot, account management or signal services etc. If you are not ready to add any value to other traders so please stay in your corner and do not showcase any product.
Also, let all of us learn to talk with respect. Nobody is begging here for help. Nobody shouldn't try to deceive us also. We have learn so much things from past mistakes that we are all alert against any scam. I advice AlgotraderEA to show themselves honest. If they are ready to offer a service to other traders let them create good conditions for good collaboration. If they are not ready for that, let them close this thread and stop showcasing their system.
AimeL
May 09 2016 at 14:00
37 posts
20% for May as per today the 9th. i hope the performance will cross at least 200% for this month.
ahmedfouad
May 09 2016 at 16:22
198 posts
AimeL posted:
20% for May as per today the 9th. i hope the performance will cross at least 200% for this month.

Did you buy the EA?
AimeL
May 10 2016 at 06:52
37 posts
ahmedfouad posted:
AimeL posted:
20% for May as per today the 9th. i hope the performance will cross at least 200% for this month.

Did you buy the EA?

Me, buy that EA at 2000$??? I just see the performance page of the vendor and comment. I notice that some EA made fabulous performance as 300% or 200% for the first month and subsequent months fail to cross 30-40%.
AimeL
May 10 2016 at 08:42
37 posts
You can see what I am talking about. today 10th of the month. Performance at almost 21%. Rarely it is going to cross 50% this month.
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