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FRWC - Fusion V - Alpari (Od stevetrade)
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FRWC - Fusion V - Alpari diskuse
Členem od Dec 28, 2009
54 příspěvků
Mar 17, 2010 at 13:25
(Upravené Mar 17, 2010 at 13:26)
they tried to charge again today..but of course ive done the necessary to block everything
?!?!?
?!?!?
Členem od Dec 19, 2009
82 příspěvků
Mar 17, 2010 at 15:04
(Upravené Mar 17, 2010 at 15:07)
lorak posted:
........
Right now the only other credible but much harder path is role up my sleeves in the coding world learn MQL and code something myself - I'm under NO illusion how difficult that is hence my analysis and purchase of Royal Trader. The coding piece, I would get down in under 3 months, the identification of the right FOREX indicaters, and the triggers in and out is beyond my level of expertise for now which puts that on a 12 month+ timeline, hence the attractiveness for me to figure out a bandaid on the stop loss until FWRC come's good or goes under
Let me know your thoughts people - I'm not trying to be a dick, I just want to move on (like many others) in the right profitable direction, I'm not getting out of this to sit on the sidelines without a credible alternative that returns 15% a month + that's my objective (and I have about another 30 days on that decision), let me know a credible answer before then and I'm gone.
........
Here is what you need to do to "move on" in 30 days, find a VERY good manager who can give you 15% a month which is a little out of my league, I admit it. I won't be able to give you 15% a month every month with 5% volatility. But I bet there is someone better who can do that. And please do your due diligence before handing over your hard-earned cash.
Now I will also tell you what you need to do to "move on in the right profitable direction." Stop looking for an EA. Do not go learn MQL so you can make your own EA. Do not go identify what indicators work best. 12 months will not be enough. Give yourself 4 years. Start trading. Learn from someone who is consistently profitable for at least 2 years. Go to Barclay's Hedge, google the list of top hedge funds, look under their strategy section. What do they do? How do they do it? What strategy is common in almost all of them? There you go, now you have a target. Work towards it. Some people will make it, some will not. Those who don't make it pay the ones who do make it to manage their money. That's how the division of labor works, right?
Členem od Dec 19, 2009
82 příspěvků
Mar 17, 2010 at 15:06
Lorak,
BTW, closing the losing trades when greater than X pips will certainly not work as you expect. This will sacrifice the winning/losing ratio therefore I would expect the result to be the same: a half-working EA that barely makes money in good times and blows up in bad times.
BTW, closing the losing trades when greater than X pips will certainly not work as you expect. This will sacrifice the winning/losing ratio therefore I would expect the result to be the same: a half-working EA that barely makes money in good times and blows up in bad times.
Členem od Feb 27, 2010
39 příspěvků
Mar 17, 2010 at 15:30
Irbis
Due to poor documentation by FRWC it is not apparent how to turn HiRider strat 1 off, LotRiskReducer, may influence this strategy's in play, but it's impossible to tell without the EA's source. I suspect it doesn't and just manipulates it's entry decision and exit point on all of the HiRider Strategy's
Couple of options to think about -
A - Run fusion, turn off EA's 1,2,3, & 5 and then use the granular control in Fusion Strategy 4 (which is HiRider) to manipulate the HiRider strategy - default with latest version is HiRider strat 1 = False I believe. There is an assumption here FRWC's code is the same as Leslee Vernon Gouws but it's safe to assume it's is similar in logic with some additional controls for fusion settings. I believe this should get close to your objective - keep us posted on results if you try this ;-).
B - Get a de-compiler, de-compile the .ex4 for HiRider and turn it off in the code then recompile using "f5" in MT4 Editor under tools - I believe this would be in breach of your agreement with FRWC when you bought in, so you need to asses your apatite for legal risk there - but I'm sure we all have a counter suit for non performance as advertised :-). I'm not recommending this course of action unless it's for your own "educational" purposes only ;-)
Hope this helps
K
Due to poor documentation by FRWC it is not apparent how to turn HiRider strat 1 off, LotRiskReducer, may influence this strategy's in play, but it's impossible to tell without the EA's source. I suspect it doesn't and just manipulates it's entry decision and exit point on all of the HiRider Strategy's
Couple of options to think about -
A - Run fusion, turn off EA's 1,2,3, & 5 and then use the granular control in Fusion Strategy 4 (which is HiRider) to manipulate the HiRider strategy - default with latest version is HiRider strat 1 = False I believe. There is an assumption here FRWC's code is the same as Leslee Vernon Gouws but it's safe to assume it's is similar in logic with some additional controls for fusion settings. I believe this should get close to your objective - keep us posted on results if you try this ;-).
B - Get a de-compiler, de-compile the .ex4 for HiRider and turn it off in the code then recompile using "f5" in MT4 Editor under tools - I believe this would be in breach of your agreement with FRWC when you bought in, so you need to asses your apatite for legal risk there - but I'm sure we all have a counter suit for non performance as advertised :-). I'm not recommending this course of action unless it's for your own "educational" purposes only ;-)
Hope this helps
K
Členem od Feb 27, 2010
39 příspěvků
Mar 17, 2010 at 15:53
(Upravené Mar 17, 2010 at 16:00)
Fill or Kill
Thanks for the advise - I appreciate it, I do have other money in similar Money Managed scheme with "Professional", don't want all my eggs in one basket so EA's seemed like a possible avenue and it's stimulating given my background :-). I will take a look though, never hurts to have multiple baskets :-)
EA's are not my primary money making strategy, but I'm willing to take methodical approach to higher risk opportunities (EA's are IMO) with smaller amount of investment capital.
On the stop loss exit - I was thinking more along the lines of the Hedge option in the Trade Manager, I agree direct closing eats into hard earned profit - too draconian and method of last resort IMO, learned that the hard way (well in demo account anyway).
I'm looking to protect the money the EA's make which too me based on the gross numbers I've seen are good enough for my purposes. I get the hedge concept, I'm still struggling with the nuances to really effectively set up a solid test.
My theory is analyse (analyze if you speak American English) the the max draw down on all winning trades
- (that value + X) in the opposite direction of the original trade is the entry point for the hedge ?
Challenge's I have for now -
The data on max draw down by individual trade - it's not apparent how to capture this via MT4 unless you do it manually while trades are open, I have a day job so this is a tedious and very inconvenient approach, if I have to I will but I'm wondering if somebody has found way ? programatically you could probably do it with a custom EA to collect the tick data during open trades - anybody seen anything like this, again writing it in a short time-frame is not an option for where I'm at just now.
X - I can figure out by trial and error
When to close loosing trade & Hedge - still getting my head around the various scenarios for how the loosing trade and the hedge interact under the various conditions i.e. market moves back beyond POE of original trade, Market moves back somewhat then moves sideways, market keeps moving against original trade
Any ideas to help me fastrack this folks ? - I know this isn't rocket science for the guys here that understand FOREX & if I'm talking crap, educate me if you will ;-)
K
Thanks for the advise - I appreciate it, I do have other money in similar Money Managed scheme with "Professional", don't want all my eggs in one basket so EA's seemed like a possible avenue and it's stimulating given my background :-). I will take a look though, never hurts to have multiple baskets :-)
EA's are not my primary money making strategy, but I'm willing to take methodical approach to higher risk opportunities (EA's are IMO) with smaller amount of investment capital.
On the stop loss exit - I was thinking more along the lines of the Hedge option in the Trade Manager, I agree direct closing eats into hard earned profit - too draconian and method of last resort IMO, learned that the hard way (well in demo account anyway).
I'm looking to protect the money the EA's make which too me based on the gross numbers I've seen are good enough for my purposes. I get the hedge concept, I'm still struggling with the nuances to really effectively set up a solid test.
My theory is analyse (analyze if you speak American English) the the max draw down on all winning trades
- (that value + X) in the opposite direction of the original trade is the entry point for the hedge ?
Challenge's I have for now -
The data on max draw down by individual trade - it's not apparent how to capture this via MT4 unless you do it manually while trades are open, I have a day job so this is a tedious and very inconvenient approach, if I have to I will but I'm wondering if somebody has found way ? programatically you could probably do it with a custom EA to collect the tick data during open trades - anybody seen anything like this, again writing it in a short time-frame is not an option for where I'm at just now.
X - I can figure out by trial and error
When to close loosing trade & Hedge - still getting my head around the various scenarios for how the loosing trade and the hedge interact under the various conditions i.e. market moves back beyond POE of original trade, Market moves back somewhat then moves sideways, market keeps moving against original trade
Any ideas to help me fastrack this folks ? - I know this isn't rocket science for the guys here that understand FOREX & if I'm talking crap, educate me if you will ;-)
K
Členem od Feb 24, 2010
58 příspěvků
Mar 17, 2010 at 15:55
Anyone got their refund yet? I will be going to the authorities if they don't do it soon.
Členem od Oct 28, 2009
1409 příspěvků
Mar 17, 2010 at 16:19
Firstly, it's only been 29 days since the 16th February and secondly I really think they mean 30 trading days and not 30 calendar days.
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.
Členem od Dec 28, 2009
54 příspěvků
Mar 17, 2010 at 18:34
steve are u their lawyer??? it doesnt say 30 business day no holiday or whatever... cmon it's just a joke...they wann f with me ...i will f em
Členem od Mar 03, 2010
27 příspěvků
Mar 17, 2010 at 19:24
The funny thing is...when the NEXT HOLY GRAIL of ea's comes out....people are still going to buy it...LOL
if it costs more than a few hundred dollars... you should be able to demo test a copy before you buy it...
We are thre consumers, and we should demand this..
I should be able to take it to any broker do what I want with the demo to see if it works for MMMMEEEE if IIIIII like it
the demo should expire in 30days with the option to download full version
if you can't do this... I don't want your EA no matter how good your backtest or your live accounts looks..
if it costs more than a few hundred dollars... you should be able to demo test a copy before you buy it...
We are thre consumers, and we should demand this..
I should be able to take it to any broker do what I want with the demo to see if it works for MMMMEEEE if IIIIII like it
the demo should expire in 30days with the option to download full version
if you can't do this... I don't want your EA no matter how good your backtest or your live accounts looks..
Členem od Mar 17, 2010
6 příspěvků
Mar 17, 2010 at 19:45
LMD sucked, I was down over $400 in 2.5 weeks trading .1 lots on a demo account. Hirider..I was up a little bit in that account but only let it run for 3 days, It only made 2 or 3 trades in 3 days and was up only $4. Started running Fusion in another demo account. At first it was doing good then it tanked. I got with FRWC support on their live chat and complained about it to them. They emailed me a new settings file for Fusion, I installed it and it's been doing good since then. A $3000 demo account 9 days ago is now $3715. Started running Fusion on the account that I had been running LMD on with the new settings file and it went from being down over $400 to only being down $94 in a day and a half. If Fusion keeps trading like this I plan to put it on a live account in the next day or 2.
Členem od Sep 04, 2009
849 příspěvků
Mar 17, 2010 at 20:18
(Upravené Mar 17, 2010 at 20:19)
Earl posted:
The funny thing is...when the NEXT HOLY GRAIL of ea's comes out....people are still going to buy it...LOL
if it costs more than a few hundred dollars... you should be able to demo test a copy before you buy it...
We are thre consumers, and we should demand this..
I should be able to take it to any broker do what I want with the demo to see if it works for MMMMEEEE if IIIIII like it
the demo should expire in 30days with the option to download full version
if you can't do this... I don't want your EA no matter how good your backtest or your live accounts looks..
You're right. Unfortunately it will not happen this way....people are to greedy and/or dump. They have proven it hundred times in the past.
Členem od Feb 27, 2010
39 příspěvků
Mar 17, 2010 at 21:21
Wilson 1
Similar experience with new version & settings - I did not converse with them but keep an eye on the download / lab section - their notice of updates suck, but I know this now and regularly download EA's, check filesize and apply to MT4 even if filesize is same as they are working and updating some of these even though they are not forward about notification of updates changes etc. (LMD is now 1.09 last time I checked)
Attached are my latest results for Fusion V 1.21 (without Trade Manager) as FYI this was set up Sun Night / Monday EST.
I think the settings on this one are slightly different from their out the box settings (that version is trading just under $100 behind - just waiting for the crash now with fingers crossed of course ;-)
Similar experience with new version & settings - I did not converse with them but keep an eye on the download / lab section - their notice of updates suck, but I know this now and regularly download EA's, check filesize and apply to MT4 even if filesize is same as they are working and updating some of these even though they are not forward about notification of updates changes etc. (LMD is now 1.09 last time I checked)
Attached are my latest results for Fusion V 1.21 (without Trade Manager) as FYI this was set up Sun Night / Monday EST.
I think the settings on this one are slightly different from their out the box settings (that version is trading just under $100 behind - just waiting for the crash now with fingers crossed of course ;-)
Přílohy :
Členem od Feb 24, 2010
58 příspěvků
Mar 18, 2010 at 02:57
I got reply saying they agree to refund. I want to see it really goes back to my account soon. Else, the authorities will open a thorough investigation into this matter.
Členem od Oct 28, 2009
1409 příspěvků
Mar 18, 2010 at 08:49
irbis posted:
steve are u their lawyer??? it doesnt say 30 business day no holiday or whatever... cmon it's just a joke...they wann f with me ...i will f em
Haha, no. Just a little surprised that people can't work out when a 30 day limit expires. We're getting into semantics here, but it does say trade it for thirty days. So the question is does Sunday's short opening period count as a day trading? Does the Saturday count as a trading day even though we can't trade as the markets aren't opened?
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.
Členem od Dec 28, 2009
54 příspěvků
Mar 18, 2010 at 09:13
man it's not 5 or 6 days more that will change the world...
though fusion is doiing slightly better with new settings... it's kinda random system..
though fusion is doiing slightly better with new settings... it's kinda random system..
Členem od Mar 04, 2010
50 příspěvků
Mar 18, 2010 at 10:58
(Upravené Mar 18, 2010 at 11:03)
These clowns have said several things; depending on
what moron responded to your complaint.
One is: 30 days from date of purchase.
Another: 30 days of trading.
Another one: 30 days of continuous trading on one account.
Tell me what is semantics here? But one they did make clear
about 30 trading days; it is 30 actual trading days when market
is open.
what moron responded to your complaint.
One is: 30 days from date of purchase.
Another: 30 days of trading.
Another one: 30 days of continuous trading on one account.
Tell me what is semantics here? But one they did make clear
about 30 trading days; it is 30 actual trading days when market
is open.
Dukascopy rules !!!
Členem od Mar 04, 2010
50 příspěvků
Mar 18, 2010 at 11:04
(Upravené Mar 18, 2010 at 11:29)
irbis posted:
they tried to charge again today..but of course ive done the necessary to block everything
?!?!?
Unbelievable. More so, because if Plimus and these clowns
are respectable guys, the REFUND attempt should have come
before trying to charge you again. But of course, they did
say to some people that it has to be 30 days of trading on
ONE account, not on 30 blown accounts.
Dukascopy rules !!!
Členem od Feb 27, 2010
39 příspěvků
Mar 18, 2010 at 11:29
Irbis
I agree on first point as things stand.
Not so sure on second point with the word 'random' though, for sure it's performance is abysmal compared to marketing, and significantly under at least my expectation, although bug fixes and config changes appear to be improving that on FWRC second attempt (there were 2 at least an additional releases of Fusion after the original release). Flawed feels a more accurate word :-)
That said, my cups still half full - I view it as a work in progress, if it takes six months to eliminate the bugs or optimize the code to avoid the big losses, I'm still okay with $1000 investment for a double digit a month return with a six month wait period to jump in with real cash, not many other opportunities like that around these days. If you do the compounding on a $10K account it doesn't take long to add up if you avoid removing money from the account - makes that 1K investment seem cheap !
Again - my cups half full so take all that with what you will :-)
K
I agree on first point as things stand.
Not so sure on second point with the word 'random' though, for sure it's performance is abysmal compared to marketing, and significantly under at least my expectation, although bug fixes and config changes appear to be improving that on FWRC second attempt (there were 2 at least an additional releases of Fusion after the original release). Flawed feels a more accurate word :-)
That said, my cups still half full - I view it as a work in progress, if it takes six months to eliminate the bugs or optimize the code to avoid the big losses, I'm still okay with $1000 investment for a double digit a month return with a six month wait period to jump in with real cash, not many other opportunities like that around these days. If you do the compounding on a $10K account it doesn't take long to add up if you avoid removing money from the account - makes that 1K investment seem cheap !
Again - my cups half full so take all that with what you will :-)
K
Členem od Mar 04, 2010
50 příspěvků
Mar 18, 2010 at 11:44
(Upravené Mar 18, 2010 at 11:55)
I hope there are some EA programmers in here
or people who have long years of trading experience.
Now, they will all rightly tell you, as me and my friends
will tell you; you need to nurture the ability to walk
away quickly from a losing proposition. Not linger,
hope, and wish while something clearly looks like a
losing situation. Not just with trades but with anything
related with life. 6 months? You need 6 months to see
that something clearly is fishy? Most people knew in
one week that this thing sucks. Curious, how long do
you hold onto losing trades then? Don't equate your
bizarre confidence in Fusion with being some optimist
with this half full nonsense. Again, you are comparing
two totally irrelevant things as being the same thing.
They are not. It is being smart prudent VS being dumb
foolish! Inability to see a losing proposition quickly is
being foolish.
And on another very funny note... ForexAutoPilot
performed better than Fusion. Now, very funny
considering that Fusion enthusiasts are the ones
trashing ForexAutoPilot. Try it if you still have
a copy of FAP. It performs better than Fusion.
Use FAP as a scalper on GBPJPY using a tight TS
and no SL risking total of 4%. And compete that
against Fusion. Now, let's see a real competition
between the EAs these Fusion morons trashed
versus what they are peddling. This should tell
you that their competition itself was and is a joke.
And our own scalper EA is an unrelenting EA.
It opens up positions continuously both direction
and scalps for 2 PIPs nonstop. It beats Fusion in
just 1 day of trading. And sorry... you should stay
out of forex unless you want and expect a quick
return. Otherwise, a savings account or some
well managed mutual fund is better. The return
you are talking about is not worth discussing when
it comes to forex trading. And buying any EA, is
not an investment if the strategy sucks. Whether
manual or automatic. Clearly Fusion strategy is greatly
lacking. That's all it is... strategy is not great or it
would perform. And don't talk about compounding
where it involves forex trading... it is not a savings
account where the return is steady and predictable.
And Fusion sucking has nothing to do with some
bugs. The core strategy of the group of EAs all
suck. Sound trading strategy makes up successful
trades. If something sucks, it means the strategy sucks.
It is that simple. And anyone in here can translate a
successful trading strategy into a decent EA. The
mistake is thinking that ONE singular strategy will
work every single time. But one strategy does work
consistently all the time.. and that is scalping using
pure price action. If you guys can afford to quit work
one day and trade only... scalping is the only way to
trade.
or people who have long years of trading experience.
Now, they will all rightly tell you, as me and my friends
will tell you; you need to nurture the ability to walk
away quickly from a losing proposition. Not linger,
hope, and wish while something clearly looks like a
losing situation. Not just with trades but with anything
related with life. 6 months? You need 6 months to see
that something clearly is fishy? Most people knew in
one week that this thing sucks. Curious, how long do
you hold onto losing trades then? Don't equate your
bizarre confidence in Fusion with being some optimist
with this half full nonsense. Again, you are comparing
two totally irrelevant things as being the same thing.
They are not. It is being smart prudent VS being dumb
foolish! Inability to see a losing proposition quickly is
being foolish.
And on another very funny note... ForexAutoPilot
performed better than Fusion. Now, very funny
considering that Fusion enthusiasts are the ones
trashing ForexAutoPilot. Try it if you still have
a copy of FAP. It performs better than Fusion.
Use FAP as a scalper on GBPJPY using a tight TS
and no SL risking total of 4%. And compete that
against Fusion. Now, let's see a real competition
between the EAs these Fusion morons trashed
versus what they are peddling. This should tell
you that their competition itself was and is a joke.
And our own scalper EA is an unrelenting EA.
It opens up positions continuously both direction
and scalps for 2 PIPs nonstop. It beats Fusion in
just 1 day of trading. And sorry... you should stay
out of forex unless you want and expect a quick
return. Otherwise, a savings account or some
well managed mutual fund is better. The return
you are talking about is not worth discussing when
it comes to forex trading. And buying any EA, is
not an investment if the strategy sucks. Whether
manual or automatic. Clearly Fusion strategy is greatly
lacking. That's all it is... strategy is not great or it
would perform. And don't talk about compounding
where it involves forex trading... it is not a savings
account where the return is steady and predictable.
And Fusion sucking has nothing to do with some
bugs. The core strategy of the group of EAs all
suck. Sound trading strategy makes up successful
trades. If something sucks, it means the strategy sucks.
It is that simple. And anyone in here can translate a
successful trading strategy into a decent EA. The
mistake is thinking that ONE singular strategy will
work every single time. But one strategy does work
consistently all the time.. and that is scalping using
pure price action. If you guys can afford to quit work
one day and trade only... scalping is the only way to
trade.
Dukascopy rules !!!
Členem od Mar 18, 2010
3 příspěvků
Mar 18, 2010 at 11:49
Question to everyone here, I have been trying to login to the members area (FRWC) over the past 4 days to no avail. I have double checked passwords etc, and have tried to contact support via the 2 varying methods of email contact. I still haven't heard back from them, and after reading the forum here I am beginning to question my trust in this group of suposed "forex white lighters". My question is, am I the only one with this problem or are there others out there like me? I am just trying to access the updates so I can continue the trial. I need assistance before my wife finds out I have just spent the holiday money........OUCH!
