Tortoise 2.1 (By MQLHome)

Gain : +74.14%
Drawdown 30.35%
Pips: -709.9
Trades 689
Won:
Lost:
Type: Demo
Leverage: 1:100
Trading: Automated

Tortoise 2.1 Discussion

May 14, 2010 at 05:16
2,870 Views
49 Replies
Member Since Apr 20, 2010   814 posts
Jun 26, 2010 at 07:19 (edited Jun 26, 2010 at 07:19)
' I do wish there will be many poor uneducated new born trader pop up everyday. ' said the Broker.


'I already give you demo account to test so you don't blame me for cheating your money before go for REAL, but your arrogant want to use REAL account to test. What can we said is ' THANK YOU VERY MUCH' smile from the Broker.


'I already post my Risk disclaimer and allow 30 days refundable product, is all fair and square in business term. Haven't you read or blind by your own greed that naively belief that there will be a product that bring you forever profit and everyone in the world is rich forever?' said the Seller.


' Good, some fresh meat drop into the food chain cycle, we were worry that FX market going to died out soon. ' said the experience Trader.


'Hooo hooo hoooo... I told you not to play on real so fast, didn't I ? Now you get yourself burn, ashes to your face. I now get the product free and have full refund, I will try to twist the setting and turn it into golden goose.' said by another smart Trader.


'Last account ? What last account ? Ohhh... you mean the blow up account of previous version, that was remove because is no more in our selling product list, this is our latest version of account. We will always move forward to better achievement, failure of our past is the stone key to success. ' said the Seller.




Information is Gold when come to organised.
Member Since Oct 28, 2009   1424 posts
Jun 26, 2010 at 07:25
And so another days passes in the forex industry :)
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.
Member Since Apr 20, 2010   59 posts
Jun 26, 2010 at 09:14 (edited Jun 26, 2010 at 09:19)
Dear Traders

It's the live statement of the Tortoise EA. We haven't sold even one version of it before publishing the results here. It haven't blown up any account yet. It had 13% DD and it's still in 23% profit and doing it's work. There is no previous account. It's the only and only account that we are publishing it's result.

When the EA was opening a positions only 20 minutes before 2 important news I was watching the account. The position went to 55$ profit and the news was coming and after the news it touched the SL point.

All the thing that I want to say is that we tried to be honest and publish the EA results and don't control the EA by ourselves.

Every trader know that opening a position before such news is so dangerous. If we were not honest we could turned the EA off and let it work after the market had backed to its main trend.

We are still working and will not stop this. The EA has still 23% profit and it's doing its job.

Lets see what happens in future.

Best Regards
Member Since Oct 28, 2009   1424 posts
Jun 26, 2010 at 09:20 (edited Jun 26, 2010 at 09:21)
Why don't you put in a news filter, there are plenty of them around?

Additionally, why don't you put it on a live account?

The days of marketing EA's from backtests and demo accounts is over.
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.
Member Since Apr 20, 2010   59 posts
Jun 26, 2010 at 09:22
Thanks for your suggestion. We are doing it right now and we try to publish it during next week.
Member Since Feb 16, 2010   1332 posts
Jul 23, 2010 at 07:14
Why don't you update this account anymore?
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Apr 20, 2010   59 posts
Jul 24, 2010 at 00:00
Dear Fomacc

We have stopped the testing this EA on demo account. We are working on the new version and also we will test the next version on a real account.

Thanks for your attention.

Best Regards
MQLHome Group
Member Since Jul 24, 2010   4 posts
Jul 24, 2010 at 15:27
Fomacc ale ale the best comments ever!!!
Member Since Feb 16, 2010   1332 posts
Jul 24, 2010 at 19:01
Yeah, it was about to hit second 0.64 lots loss and it was very convenient to release a new version before that. I really liked your systems in the biginning, you seemed to be very honest and responsive but that doesn't make your systems profitable. What about people's losses??? Probably there are people who bought this EA and have lost money.
My observations with this system is that you release a new version after the test account is blown or it's gonna get blown soon.
No bad feelings but I'm disappointed. You cannot honestly sell something you're not sure is safe enough.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Apr 20, 2010   59 posts
Jul 24, 2010 at 19:20

forexma posted:
    Yeah, it was about to hit second 0.64 lots loss and it was very convenient to release a new version before that. I really liked your systems in the biginning, you seemed to be very honest and responsive but that doesn't make your systems profitable. What about people's losses??? Probably there are people who bought this EA and have lost money.
My observations with this system is that you release a new version after the test account is blown or it's gonna get blown soon.
No bad feelings but I'm disappointed. You cannot honestly sell something you're not sure is safe enough.

Dear Forexma

Thanks for your attention. This account DD is not acceptable for us and also for our customers so we decided to stop selling this EA.

Till now we haven't received any email from our clients about any big loss on their accounts.

Be sure that we really don't like to just sell the EA. It's so important for us to make our customers satisfied. We appreciate your attention and we try to create the new EA soon and test it on a real account on a famous broker.

Best Regards
MQLHome Group

Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Jul 24, 2010 at 21:38
So you just carry on selling stuff that's untested and obviously doesn't work under the guise of we care for our clients...what boggles my mind the most is that there are clients at all.

Bad MQL home people...!!


Member Since Apr 20, 2010   59 posts
Jul 24, 2010 at 23:05 (edited Jul 24, 2010 at 23:09)
Elkart posted:
    So you just carry on selling stuff that's untested and obviously doesn't work under the guise of we care for our clients...what boggles my mind the most is that there are clients at all.

Bad MQL home people...!!




Dear Elkart

There are many commercial EAs on the net but as you know most of them don't show the real result of their forward test to their visitors.

Be sure that most of our customers are satisfied from our EA. We can't tell that our EA is the best but at least we are honest enough to publish the real result and try to make the EA better and send the new versions to the customers.

We have tested this EA many times on several brokers before we start to selling the EA. We are still working on it to make it better.

We will test the next version on a real account.

Thanks for your attention.

Best Regards
MQLHome Group
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Jul 25, 2010 at 06:40
And those EA's are put out by criminals and scamsters to catch the greedy. Those are full blown con's.

Just because the standard is low doesn't mean your actions are acceptable. You are selling Ea's that are performing so poorly you're not even running your own money on it!!

And you know they fail!!

Karma mate, just remember, the wheel is round, what goes around comes around. You'll pay for your actions, one way or another. Universe has a wonderful way of maintaining balance.


Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Jul 25, 2010 at 09:34 (edited Jul 25, 2010 at 09:54)
You know I have about a dozen Ea's I could sell if I took your view.

I consider the cost to my reputation to much. It would bite me if I went to a big client and they Google'ed me.

And I thinks it's morally and ethically reprehensible. You know you're selling a broken product. And you are most definitely not doing it in the interest of your clients.
Member Since Apr 20, 2010   59 posts
Jul 25, 2010 at 12:06
Dear Elkart

Thanks for your advise. We have stopped selling this EA.

Regards
MQLHome Group
Member Since Apr 20, 2010   814 posts
Jul 26, 2010 at 10:58
Well, I'm sure many people still like to get this EA for free, you can put in as opp in Free EA. Sure will get many potential customer email leak.
Information is Gold when come to organised.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Jul 26, 2010 at 11:31 (edited Jul 26, 2010 at 11:32)
Not the point DoubleTrap,

If you bought a car and it didn't work what would you do? Take it back to manufacturer. They'll try fix it first and the very worst you'll get a full refund after a big fight.

Did any of these people get their money back? I doubt it.

The bought the car - it starts but won't go. The manufacturer shrugged and said oh well, though luck, we won't sell it anymore. By the way we have this new model here, we haven't driven it ourselves yet, but we think it works, should be better. Why don't you buy it and tell us...
Member Since Apr 20, 2010   814 posts
Jul 27, 2010 at 02:22
A digital product is different from physical product.

Click bank product is only digital : You can have 60 days guarantee refund.

Paypal have digital and physical product : You can have 45 days resolve refund.

So the refund rate is very high for all e-digital product and services. You definitely can not get refund if bought a car.
Information is Gold when come to organised.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Jul 27, 2010 at 05:30 (edited Jul 27, 2010 at 05:31)
DoubleTrap,

I've given a car back. Friend of mine did as well. Golf VR6 , mirror fell off in the parking lot. He climb in his car drove to the factory and went to go see the factory manager. They gave him a new one.

Toyota had to call all theirs back to fix them at their own costs. No car manufacturer would last in the market if they didn't sort out the problems. Have mass recalls every year.


'A digital product is different from physical product. '

It's that bit that makes it possible for snakes like this crowd to operate. They have the same view as you.


'There are many commercial EAs on the net but as you know most of them don't show the real result of their forward test to their visitors.'

That's the standard that's being used to set the business operation. It doesn't matter that the standard is set by con artists and thieves. Nope, this is how other people do it, so if I do it one better I am better than them and therefore legit.

Sorry mate. These guys are no better than your average 'real world' mugger. Somehow it's acceptable to be mugged on the internet, because it's digital.

I just find it sad that so many people accept what is essentially sub par values of the individuals involved. I wouldn't dream of doing this to other people. Just not right. And there in lies the lessons, I have no sympathy for anybody that gets burned by this crowd. It's obvious they don't give hoot if you get nuked or not. Not their problem.

They write EA's - you pay.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Jul 27, 2010 at 05:42 (edited Jul 27, 2010 at 05:47)
There are right ways to do this.

Look at funyoo's approach. He said, look I don't know if this works, but I'll write them and anybody that pays me $90 bucks a year gets access to everything I do or am going to do. If it works or not.

He doesn't pretend his stuff works. He doesn't know if it works. But he'll write it, and people who pay can get access to whatever he does. And he gets to use his coding skills for something his interested in. Then he runs them and people can decide.

That's honest, it's up front, transparent and frankly a good deal.

Not like this crowd,.... 'buy our working EA' and then 1 month later, 'oh the draw down is to big in the interest of our victims...errr...i mean clients...we don't sell it anymore'. Where was the clients interest ever considered? If you're running stops @ 900 pips you have to know up front your client is going to see is arse...

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