I wonder how many more times and under how many different names they are re-posting this EA. This is going on since 2009, always under a new name once people notice it is SCAM! So time to put it up again under a new name, stupid chinese scammers!
Don´t fall for that EA, especially not with FXCH! They are delaying trade execution up to 10 seconds and have slippage of up to 15 pips, no way you can scalp arbitrage with FXCH. All that will happen is that you loose your money. I am sure they are affiliated with FXCH and get a good cut from the 2000$ deposit that you will loose for sure!
An EA is a robot and it trades without emotions attached. Now this is one fact many people should know.
Under same condition, a demo result will be the same as a real account result if a robot is used. It is in manual trading that we can see difference in results if demo and real due to emotions.
Nevertheless, scalping EAs that go for 1pip or 5pips should better be tested on real account before making any conclusions as spread as well as slippage will always come in live trading. And i also do not like the idea of keeping private history record.
Success in Forex Trading is a marathon and not a sprint.
Crap, FXCH delays each trade by around 10 seconds and even if you would make money with them, they don´t pay you out at all! Read the review all over the net, you can´t actually trade with them at all, and especially not arbitrage where you open/close trades in a few seconds. How do you want to do that if you get delayed 10 seconds already, the whole arbitage idea is not working with such a massive delay. And even if you would make money on FXCH, they don´t pay you out!
SHOW US A REAL FXCH account with your system running on it, NOT a DEMO!
I agree an average win of 0.74pips on demo means absolutly nothing. you certainly takes delays or slippage which simply kill this. if the account is 50/50%... does this mean that you share 50% of the lost too? :) or you'll try to get the money from a lucky account because you are not crazy and you simply don't play with your own money?
again again again... open a real PAMM account using a good broker. (Alpari, hotforex, instaforex, fxopen, finfx there is a good list of good brokers) stop promoting 4XDG and FXCH.
hehe Willgart, if they stop promoting 4XDG and FXCH people will see that the system is not working, so I doubt they will stop promoting them;) Just forget about this system people, there are other ways to burn your money without those indian scammers.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.