FRWC - Fusion V - Alpari Discussion

Actually Clearpaper, do you have any tips or tricks for us based on your results? I noticed someone got much better results using LMD on its own instead of Fusion in another forum...is there any reason there would be anything to this?

Last night's 5 trades ALL are negative, and one of them is -110 pips because the SL didn't kick in (why???). Even using the rule of lucky guessing, these are unacceptable results.

Oh, and I am on live, (just in response to whoever said to trade live not demo earlier).

Clearpaper posted:
    oc92673, are you posting from the same terminal as jonfxbot? lol...

jonfxbot, it's really bizarre how you say GmtOffset is not important then in your explanation why so, end up saying it is.

I'm quite lost for words.

If I were FRWC, I would give you your refund right now.




Sigh... I'll give this another go.
At no point did I say LMD trades best at Asian hours. I haven't studied the logic. LMD lost most of your money, huh?
Observers can note that SuperVolcano trades during the active sessions, avoiding GMT 1 to 5. Straasha, the opposite, when the Euro mkts are closed. Both are understandably sound as per their respective logics, you want to more liquidity/volatility, or you want more ranging markets.

If your GMToffset is not right, the EA trading times are affected, causing them to trade when by right, they shouldn't be trading as per their logic.

You understand? A little at least?

Are you so dense and so delusionally self-important with
absolutely nothing to back it up except trying to sound
respectful on here making totally irrelevant points that
you start this useless post up with another retarded
non-point? So it's illegal for my friend or anyone else
to post from my own computer? Huh? Is that illegal?
Don't pretend to laugh you useless blowhard! OK?
And do try to stick to the damn point. If you think
you are even capable. If you were Fusion clowns, you
would give me a refund? Another worthless drivel
comment. But you are not right? Just another
pompous moron who spew utterly useless stuff
on forex forums. And was I talking about Volcano?
Nope! You haven't studied LMD logic? How long
does it freaking take to see what LMD does huh?
It starts up about an hour before Asia open always.
Again, how long does it take for you to analyze anything?
Freakin 6 months? Huh? LMD sucks man. It sucks royally!
It is utterly useless!!! Oh and LMD and Fusion retards
said it trades during Asia session, not me. I am not
here making any crap up. It is all from the Fusion
clowns themselves. Liquidity? Volatility? Over lousy
freaking 2-5 hour differential? Please stop trying to sound
intelligent on here please. It is becoming a joke. Ranging?
You pick up these utterly useless forex terms and throw
it around and you think it makes you knowledgeable
when you still don't understand what GMT offset is?
Huh? You clearly know nothing!!! So stop pretending
already! Sheesh!!!

GMT offset is not right? Oh boo hoo... big freakin deal.
Again, GMT offset parameter is nothing more than telling
the EA what time it is right now. And re-read what I said.
Unless the GMT offset input is off by more than 12 hours
and only if the EA is so called optimized to run at certain time,
GMT offset has zero effect on a damn freakin thing!!! OK?
Got me chief? Huh? Now, even assuming LMD is optimized
for Asia run which it is not! Even if that is the case, it has
no effect on LMD's peformance!!! OK? Study the logic?
Are you kidding me with your blowhard useless comments?
You don't have a damn clue what GMT offset input is do you?
That is damn evident. It is nothing more than telling the EA
what time it is currently by it being able to compare the offset
input to the current server time. It is not some magical
input parameter that makes the EA tick and do super
trades! Even assuming that an EA can be optimized for
a certain trading session which really is a dream really if you
have any trading or programming experience... sometimes
it borders on fantasy really. And Volcano can trade whatever
time it wants to... we have tested it as well. The overriding
assumption again is that these EAs are optimized for certain
trading sessions.... THEY ARE NOT!!! You can set the
volcano time to 0 0 and it will still outperform LMD.
I fail to understand why there are so many pretentious blowhards
on forex forums hell bent on giving out useless information to
people. That just puzzles me endlessly. EA trading times
are not affected!!! You are simply telling the EA what
time it is!!! That's all!!! A freakin code is in the EA to start
opening trades starting at certain time. Again, it may have
some freakin meaning if the EA was truly super optimized to
do super trades during Asia session but it is not. It performs
dismally during Asia session. It performs dismally in all trading
sessions. And how long do you have to stare at LMD to see
that it opens up an hour before Asia session any way? When
you have some experience in EA programming, then get back
to me with your drivel. OK? You talk as though these EAs
have some super logic and that GMT offset is some magical
holy grail. It is not. You can put in 15 in GMT offset and
it won't make much of a difference. In fact, LMD may
perform better if it was forced to open during NY open or
London open, rather than Asia open. You can now stop
pretending to be some respectful person on here. You
are not only full of it and utterly pretentious but you are one
insulting bloke as well. So stop freaking pretending!!! Oh,
can't have my friend login and post on my computer right?
Oh, that's illegal right? That's so damn funny eh? Pathetic!
 And yes, you better freakin hope that Fusion clowns give
out refunds. I personally don't give a crap... but since all you
do is come in here and defend the clowns, you had better hope
that they do give out refunds.

Fusion new: ok i turned off straasha and in LMD pairs i turned off USDCHF, AUDUSD, USDCAD
since this morning positive (!what a miracle LOL): ok we ll see if it works out

carlscott1982 and Irbis,

Sent you guys PM's on my observations. Future posts in this main thread will be more generic, if at all.

jonfxbot,

I have nothing more to say to you. However, I sincerely do wish well for your future.

Is anyone else having problems getting to FRWC's website???

It's working fine, I just log in but they have not reply me on my specific refund date. According to their email reply, they emailed me that its 30 days from purchase date. Hopefully they stick to their words.

10am EST
No problems getting to the site and logging on.
Their live chat is back online.
Finally got feedback on a couple of issue (unsatisfactory as they were)
I had sent a screenshot of the, at the tiime, $1500 loss on a 10K account. Response was I used .1 not .01. My response ... ARE YOU KIDDING ME!!! It's appropriate for a 10K account. Forutnateluy I also have a 10K account at .01. Still lousy results.

Still seeking clarity on the refund issue. Simply stated a 30 day run and send them a report. Wanted to know how long it would take.

I just got this following from Forex Peace Army forum (https://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/8965-boston-technologies-inc.html ) on Boston Technologies Inc:

Boston Technologies Inc. - Today, 06:28 AM
--------------------------------------------------------------------------------
Dear Member:

Be aware about Boston Technologies Inc., that is a US based company, providing a 'liquidity bridge' to counter parties. Boston Technologies is acting as Marketplace, Broker-Dealer and/or Brokerage Company without any kind of licensing and violation of CFTC and NFA; taking your money from your account, making desk dealing, and play as a Broker without license.

The company that hold your money, and acting as your 'escrow agent' should be have licensing to act like Marketplace, Broker-Dealer and/or Brokerage Company.

Do not trust in the 'unsecure' and 'untrust' liquidity bridge from Boston Technologies; and do not trust neither in the liquidity providers that are used by Boston Technologies.

Ask to the NFA and CFTC for the Boston Technologies license.


Boston Technologies website:
[url=https://www.bostontechnologies.com]Boston Technologies - MetaTrader 4 Bridges, Technical Solutions for Forex, CFD, and Futures Trading Platforms[/url]

NFA website:
[url=https://www.nfa.futures.org]NFA - National Futures Association[/url]

CFTC website:
[url=https://www.cftc.gov]U.S. Commodity Futures Trading Commission[/url]

--------------------------------------------------------------------------------
Last edited by Michael Alcocer : Today at 06:35 AM.

kelrine,

Not quite sure what this has to do with FRWC?

Clearpaper:

Please continue to post. I, as I am sure do others, appreciate your posts. I follow your logic and I agree. However I can do without the lengthy rants and raves by some of the other posters with obvious anger management issues. We should not allow this forum to be monopolized by any one individual. I usually don’t post, but felt I had to comment. Probably a substantial number of people follow this forum without commenting. I purchased Royal Trader on day 1, but have not traded any of the EA’s due to time constraints. I am content to follow the progress of others in the meantime. LMD never impressed me. HiRider was the one I was interested in.

Pipper,

jonfxbot doesn't bother me in the least. I understand his ire and I'm sure he'll grow out of it at some point. (And really, I don't mean it in any snide way.) Plus he does represent the disappointment in performance of the EA's which is important. They really aren't performing as implied.

As mentioned to carlscott1982 and Irbis, I've been made a little paranoid about what brokers might read here.

Okay, here's MY rant.

I'd like to believe that brokers are so big that our pitifully small trades are of no consequence to them, but if there are one thousand minilot trades or more more per minute, which is plausible, that's still $10 million or 100 lots per minute. And I can't fathom how to be a counterparty to that. I understand why some banks like Deutsche Bank doesn't allow the automation. The broker's own trading desk, which passes on their total net positions to banks or other liquidity providers, just can't keep up. Entities like sovereign wealth funds, economic development boards, large companies hedging the cost of their supplies with fx futures contracts, or large position traders, enter positions because of other reasons than our punting efforts. And they do it only 4-5 times a month which makes it easier to administer. As a collective mass trading in a rather high rate, and in both directions, we do have some effect, and as a broker, I'd definitely want to keep an eye out for EA's that may make my job harder.

What got me a little uptight is because I started noticing performance issues from broker to broker. They are having *some* oversight in our trades.

I'd like to clarify that the performance issues I observed were not with Fusion but another EA.

I don't know about oversight for Fusion and so far I can't see it, but I do see significant difference in performance when latency is different.

i dont know.. still no major change ..
on the contrary 2 of my systems https://www.myfxbook.com/members/irbis/il16dynmod2turtles/19927 and https://www.myfxbook.com/members/irbis/ilboll/20674

i know these are VERY risky... but when fusion will be doing like this i will shut my mouth

Why I want to buy a robot.

I haven't the time or inclination to immerse myself in the intracacies of market conditions or forex trading. I might as well go manaul if that were the case.

If you just read FRWC's latest email to the membership, - the implication is if this doesn't work it YOUR fault.

I responded as such and also suggested an extended warranty period to implement the new changes they noted. Deaf ears, I'm sure.

Comment?

URGENT MESSAGE REGARDING REFUNDS !!!!!!!

I have been pushing FRWC hard on CLARIFYING REFUNDS. I have been pushing hard on those conditions that include sending them statements on 30 days of trading. I have been calling them out on dimiishing transparency. I clear5ly stated I wasn't seeking one, yet, JUST clarity. What an absolute shock to get an email this afternoon to advise me my account will be immediately credited with a refund. They have chosen to put thier heads in the sand, not address these issues that have come up and just cut me loose. WOW!

WHO ELSE. PLEASE POST.

It hasn't been out for 30 days, so how do you have 30 days of trading to show them even? Am I to assume you were a beta tester? If not, then please clarify.

I bought day 1. I'm not AND I don't. (I did send them a 3 week downhill graph). I said I was shocked.
They couldn't take the criticism and refused to be responsive to direct questions. Rather than dealing with my constant critical observations, I guess they just decided to cut me loose. I wrote back that they were putting their heads in the sand rather than address these issues that have come up.Their handling of this has been absolutely abysmal. On the bright side, it's the easiiest $1000 I ever made (or got back). It's already in my paypal account..

I don't know whether those that have been critical have only posted on this forum or been equally aggressive with their customer service and whether they have also been relieved of participaption.

Hopefully the updated settings FRWC sent out by email today will improve the performance of these EAs.

Why would they release an EA without the best of the best settings... sure sounds fishy to me...