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DiegoP23
IS White EA
v
Strategie
Sep 19 at 07:03
I actually paid the author to get the source codes for several of these EAs, and that’s how I found out what’s really going on. The backtests look amazing because they’re run as “strategies” in MT4, and the code is full of look-ahead tricks — it can see future prices, so of course the results look perfect. But when you run the same thing as a real system on a live account, performance crashes, drawdown goes through the roof, and you just lose money. They’re selling a dream built on fake tests. Don’t trust the glossy charts: a strategy on paper is...
IS Red EA
v
Strategie
Sep 19 at 06:58
Most of these so-called EAs are just scams. They brag about “strategies” with amazing backtests, but that’s because they’re run as strategies in MT4, where the code can peek at future prices thanks to a look-ahead cheat. On paper the results look incredible — almost no drawdown, smooth equity curve — but when you run them as real systems on a live account, performance collapses and drawdown shoots up. They sell you a dream based on fake testing, and in practice you just lose money. Don’t get fooled by the pretty graphs: a strategy in MT4 is not the sam...
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