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expert (By Thomas Bauke )

The user has deleted this system.

expert Discussion

nikola5555
Apr 28 2010 at 08:23
5 posts
It is real (live) account (LiteForex)...

Rafiu Oluwasina Ganiyu (rafnet)
Apr 28 2010 at 23:25
25 posts
why is it that expert is not saying about the EA.I am begining to suspect some foul play here.He told my friend that he use Alpari and on his open trades,I saw a 4 digit broker and all of us know that alpari is a 5 digits broker

Hmmm lets be careful here.

Ben Scoobert
forex_trader_[921]
Apr 29 2010 at 08:57
276 posts
Until live trades and history are public with an account number and investor password, just ignore it.

Steve B (stevetrade)
May 03 2010 at 16:38
1408 posts
I notice that the withdrawal has dropped to zero now on this account. Did the broker refuse to pay out?

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.
Rafiu Oluwasina Ganiyu (rafnet)
May 03 2010 at 19:54
25 posts
Its a new month and the last month history is gone.I am sure you understand what i am talking about.He can go back to account history and click All history for those withdrawals to still show up.

Steve B (stevetrade)
May 04 2010 at 08:18
1408 posts
Rafiu, correct on both counts. History has now been refreshed.

I also just saw a four digit trade on the history.

Screenie attached.

This is 100% not running on Alpari, despite what the owner says in a previous post.



Attachments:


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
May 04 2010 at 14:36
68 posts
Thanks Steve..why am I not surprise I called this sometime ago. There are people who can hack in figures and verify data as real when it's not real. But this guy should have realize if he is saying he trading with Alpari UK then at least put the 5 digits in there to make it look real. This is always the case with cheaters they will go to all lengths to pretend to be something else and then miss one of the most telling signs as the one you pointed out..
good catch
randy

Mavy
May 12 2010 at 03:20
4 posts
So whats the word on this one?? is it a scam?? I see that he has provided 2 logins for MIG.

Login: 47952
PW : invest1
IP: real1.migbank.com:443

and

Login: 89844
Password: invest1
IP: real1.migbank.com:443


Do you feel this EA is real? I dont see how he can fake live read only accounts.

DoubleTrap (ForexSeeker)
May 12 2010 at 04:35
814 posts
MIG BANK
Market maker
Switzerland
Regulation : FINMA, ARIF, ISO, KMPG, PWC
Bank, Independent dealer In industry since: 2003
US cliet :yes
Mini Acc: $5000


forums.babypips.com posted:

Forex Broker, which is not a Market Maker, is either a Straight Through Processing Broker (STP) or an Electronic Communications Network Broker (ECN). These types of brokers are typically (and sometimes erroneously) called Non Dealing Desk brokers.

So to sum this up:
Market Maker � is the market, profits from losses and spread, typically never re-quotes
STP � sometimes is the market, profits either from losses or spread or both, re-quotes
ECN � route to the actual market, requires big accounts, plenty of re-quotes




So if you are using Genius method EA to dig Gold from the market, you better not choice the Market Maker as you are try to rip them off. The result will be you getting rip off instead.

So Genius EA work best work on Market Maker broker as they taking the risk dealing with you.
They pay you if you win and earn from your loses.
So definitely you will not get pay if you earn more than 100% over night.
They will route you to the real market to get re-quotes after let you have some sweet profit at beginning;
or they also can adjust their server to give you re-quotes as they do control everything.


Information is Gold when come to organised.
Mavy
May 12 2010 at 04:57
4 posts
so what IS it exactly? Arbitrage?? Triangular Arbitrage? Scalping?? Why would some brokers not want this?? Can someone explain how it works exactly?? I would prefer to hear from people actually using it.

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