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expert (By Thomas Bauke )

The user has deleted this system.

expert Discussion

Steve B (stevetrade)
Apr 15 2010 at 21:19
1408 posts
Beadelta,
Did you get no trades with the robot on Alpari?
Or did Alpari stop you using the robot?

If it's the former then it's just possible that you had some other issues such as network latency which would contribute to an arbitrage robot failing.

I readily accept that there are a lot of brokers that would not allow this type of trading, however there are also a lot of brokers that would not have a problem with it.

For example check this post.

https://forex-strategies-revealed.com/brokers-allowing-scalping

This site implies that Alpari would have no problem with you using the EA ( in theory ! )


11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Beadelta
Apr 16 2010 at 09:29
30 posts
I searched for many brokers, but none of them accepted the EA. Not even opened any trade.

He opened orders a broker called CGI. but this is a scam, not paid to
customers.

Steve B (stevetrade)
Apr 16 2010 at 09:52
1408 posts
Thanks for the information Beadelta

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
MyLiveEA
Apr 16 2010 at 22:21
68 posts
As I said before it's a scam. I have no idea why people fight so hard to try to make something real and true when they know it's not. With the utmost respect The Forex industry of traders is filled disproportionally with people who truly want to be conned and they will fight for it even It's true you ask any real confidence man he will tell you the personality make up of people that are the most easy to be conned. The startling fact really is most of them are here in Forex, watching and hoping.

The truth is the industry is very akin to a Casino in Vegas but at least in Vegas they give you feew drinks and if your a big spender they may give you a very nice place to stay. Here you just loose your money like any average Joe.Since Forex is packaged and model after a gambling Casino they operate no different. You come up with a system to beat the odds at Vegas your black listed. It can be completely legal like card counters makes no difference they will won't allow it and they never loose.

Having said all this it is possible to trade Forex and make a living I do it and I know a few others that also win at this game but be assured we are in the 1 maybe 2% at most that win at this. I love the game and I know how to play it. My tuition cost me around $35,000 so rule number 1 in this game you pay dearly for your lessons. EAs are the same just like all the hundreds of systems they sell at beating the blackjack dealer etc. If they worked you would never have one and guess what no one would ever know and why go back a few sentences the Casinos nor brokers do not loose and will not allow any system in that they know will beat them.
There is only one advantage a guy like me with my EA that always makes money has with these guys and that is the loosers.
There are so many loosers that run EAs with the brokers and loose eveything that they let a few people using something very similar win and keep there winnings that's it in a nutshell.

There are really only 2 major winners in Forex one are the brokers and the other are the people who sell stuff to beat the brokers all else are loosers except the 1 or 2 % that Forex allows to let you keep your winnings.

I hope I did not burst anyones bubble here but a slice of hard reality is needed once in a while to get a little balance.

Happy trading
Randy

DoubleTrap (ForexSeeker)
Apr 22 2010 at 09:02
814 posts
My disappointment, another FX Genius EA that only work on certain broker.

Information is Gold when come to organised.
Ben Scoobert
forex_trader_[921]
Apr 22 2010 at 16:31
276 posts
I echo Randy's post, if theres no viewable history AND open trades, its just BS

Andrey
Apr 23 2010 at 10:26
41 posts
Trades are open now! Time to open broker and history 😎

Fxnet
Apr 27 2010 at 10:33
1 posts
see I have that EA,it only makes money on demo accounts.The only way i think you can make money with it is that you have to be a broker by your self if you know what i mean.You have to buy MT4 license from metaquotes.And have your own connection to the banks.It is very profitable but will cost you a life time to fiance it to a profitable state.
  That is why no broker will allow you to use it,because some of them use it,and it creates serious traffic on there server.Running it on demo account alone they can block your ip.Because it will disrupt the data speed of every other trader using that same demo server.It's just an expensive time bomb that will work for you only if you can finance it's cost yourself.

MONEY MANAGMENT and CONSISTENT PROFIT
nikola5555
Apr 28 2010 at 07:10
5 posts
I try this EA and it open trades but only few of them get executed, due to lot of requotes by broker. I think this EA has potential, but on larger account and without requotes!

If I only could find broker without requotes and low initial deposit...

Steve B (stevetrade)
Apr 28 2010 at 07:54
1408 posts
Is this in a demo account or a live account Nikola?

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
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