Diskusija

I thought I could beat this thing, but I've finally realised I can't.
Highrider just keeps losing for me...it could pretty much open its positions anywhere and be able to get 12 pips with a 210 pip SL, but somehow it still manages to only open positions when the trend turns arounds completely for the next few days.

Just applied for refund, with a 30 day accouont statement.

I hear you. To screw up with that RRR, the entry logic really needs some work.

The 2010.03.26 or 2010.03.25(depending on your GMT offset) SL hitting trades really killed off all the gains and then some. And this was the same with both HiRider and HiRider Advanced. Sigh... Beginning to appear that it's earlier success was due more to luck and it's RRR.

I closed the HiRider trades earlier manually with much lower loss on 3/26 or 3/25. I traded live, and so far has managed to just lose very little with some manual intervention.

If anyone is fine with a suicidal risk reward of 1:20, they can easily make any expert advisor themselves to trade extreme price movement using any technical indicator like Bollinger Band, RSI, etc (e.g. open a short trade when RSI hits 80 or more in 5 minute chart with TP 12 pips and SL 210 pips). The result would be exactly the same as HiRider, lots of gains and occasional loss which will wipe out all gains and more. I can do that kind of simple programming for a much less cost than $1000 USD.

Refund from FRWC completed............ I was kinda happy either-way but getting $1000 back is fine with me. I did make $200 with HA too so all good.

I can now tell you that FRWC EA's can be decompiled to see the code but they are protected with a .dll file too ...... cracking or hacking this is beyond my capabilities.

ChilliBear

I don't like cracking and hacking and dislike those who try to do this kind of thing. A good EA deserves to be paid, period.

In other news, I received an email from Plimus that the refund is complete, although I still need to see it in my statement. The refund is not coming from FRWC. After FRWC copy and paste email to my refund request, I replied to them I would prefer my refund, only to be bounced back to me saying their mailbox is full. WTH?

Hi Eafinder,

Same deal here, my refund request was bounced back because their mailbox is full. Seems dodgy to me but I'm going to give it another chance (Im sending the request to admin@forexetc instead of refund@forexetc this time). Otherwise I'm going to have to go to Pilimus.

Hi carlscott1982,

That's really nice of you to try dealing with them. FRWC has made it really difficult for people to get a refund, first by changing rules to get refund only after 30 days, then refund only after 30 actual trading days. Then they send a copy and paste email asking people to wait and not to get a refund, and then this last one of bounced back email. That's enough for me.

Any other EA sold by clickbank, you request a refund, you instantly get it, no questions asked, no hassles.

eafinder posted:
    Hi carlscott1982,

Any other EA sold by clickbank, you request a refund, you instantly get it, no questions asked, no hassles.

Just a word about ClickBank. True what you say, but I have been trying talk to Clickbank Customer Service and they are just as bad in getting back to you. They have a policy of banning 'serial refunders'. I have been wanting to discuss that issue with them in light of all the crap they allow to be sold. Hell, I'll try everything as long as I know I can get a hassle free refund and not be banned, but don't know what their trigger is. So far, refunded USDBOT + upsell, Forex Ripper + Upsell, 50/50 whether I do on Forex Cash Evolution, Also fell for the Steal Pips Hype, but just in week 1 (1st 2 trades stopped out, no trades since then)

I blame myself for buying into the marketing hype with this product. While I didn't expect 300% ++ returns every 20 days of course, I would have been fairly happy with 15% per month and with limited drawdowns <10%... simply as a complement to manual trading because of course I cannot be in front of the computer screen actively trading 24 hours a day. I purchased this product with the hope that ''you get what you pay for'' and that the quality would be a lot higher than any of the other commercially available $100 EA's because the price is that much higher. But it seems that this was not the case.

This is the first time I have bought a trading bot before and it will be the last time. Automated trading doesn't suit my personality or style of trading, and although the thought of having an EA making money for me while I can't be at the computer is incredibly appealing, I don't like the lack of control in automated trading. Yes, you can manually exit trades earlier but that defeats the purpose of the exercise and if you can't trust your EA then why bother?

To me there is no shortcut to mastering the art and science of trading. I am not going to buy any more EA's or secret trading systems but instead invest my time and energy and money into acquiring the necessary skills and experience to be a great trader.

I received the notification from Plimus that a refund has been processed. So, thankfully, this learning experience didn't cost as much as it potentially could have cost me.

I also noticed the emails to refunds department at FRWC are bouncing...it says their mailbox is full. I wonder why?

These Fusions clowns not being responsive is actually a good thing.
Then you can just harass Plimus crooks non-stop and start to
threaten them. Just continually harass them. Fusion clowns have
stopped responding... even stopped doing that retarded copy
and paste responses. Now, there are a ton of complaints against
Fusion clowns. Now, it has become easier to get refunds. It's
always easier when the vendor's reputation starts to fall apart
and when everybody complains against them. Regarding ClickBank
banning habitual refunders. Very easy to get around that even
if they ban your credit cards. Just use PayPal and just change
your primary email address. Also, there is absolutely nothing
wrong with decompiling EAs to see what the code actually is.
Even if you rebrand it and sell it, there is nothing wrong with it.
As I have stated, once you look at the codes and I have looked
at the codes of over 100 EAs and guess what? Not one single
one has any one single code of original logic or coding. It all
came out of metaquotes programming forum and from the
metaquotes guys themselves. So don't make some ethical
or moral argument. Only private EAs have value and only those
you have programmed yourself has any value. If they are so valuable,
they won't be for sale for $97 on ClickBank. Now, these Fusion
clowns have raised the price to seem different from others but
in fact, they are now the biggest crooks on the EA marketing
arena bar none. They are the biggest crooks around now no
doubt about it.

Stop contacting these guys for refund. Go directly to Plimus.com
and go to their customer link and file refund. And keep responding
to their emails. This is why I advised people to report your cards
lost so that they can't charge you again. Plimus vendors have a
history of charging their customers' accounts over the years.
Contact Plimus directly. It is actually a good thing that Fusion
guys stopped responding to complaints. It makes it easier to
get refunds. Just endlessly harass and threaten Plimus.

DLL can be decompiled as well. And all EAs can be recoded to
not refer to the DLLs. And all protective function codes can
be either deleted, recoded, or just disabled by changing the
default values. It just proves that all the EA marketers either
steal someone's work like these Fusion clowns do or just rebrand
the free EAs on forex forums. You would be amazed just how
many commercial EAs are once free or just rebrands of other
EAs. In short, they are all the same. So the best method is
this... perfect your manual trading strategy and philosophy
and translated that into your own EA and keep it private.
Because a successful EA will never be sold for $97 on ClickBank.
And if it costs $1,000+, then you know you are dealing with
a crook.

Yup, just go after Plimus since they are holding your money.

Thanks guys, good advice.
I'll give them until the end of the Easter Holiday weekend to respond and if nothing, then straight to Plimus.
If all goes well I can walk out of this one with only the $250 loss on the trading account.
Then, as Jon said I'm going to look into great manual systems. Though I will not discount EAs entirely. I currently have a couple on my main account that work very nicely. The best thing about EAs is they take all the emotion and fear out of the equation, which has crippled my manual trading in the past (though that was in futures, not forex...I assume the same principles would apply though).

jonfxbot posted:
As I have stated, once you look at the codes and I have looked
at the codes of over 100 EAs and guess what? Not one single
one has any one single code of original logic or coding. It all
came out of metaquotes programming forum and from the
metaquotes guys themselves. So don't make some ethical
or moral argument. Only private EAs have value and only those
you have programmed yourself has any value.

DLL can be decompiled as well. And all EAs can be recoded to
not refer to the DLLs. And all protective function codes can
be either deleted, recoded, or just disabled by changing the
default values. It just proves that all the EA marketers either
steal someone's work like these Fusion clowns do or just rebrand
the free EAs on forex forums. You would be amazed just how
many commercial EAs are once free or just rebrands of other
EAs. In short, they are all the same. So the best method is
this... perfect your manual trading strategy and philosophy
and translated that into your own EA and keep it private.
Because a successful EA will never be sold for $97 on ClickBank.
And if it costs $1,000+, then you know you are dealing with
a crook.

I believe you that there are many crooks out there in the Internet who resell or rebrand free bots that you can find in the forum. I myself have never tried to buy many EAs since I precisely know what this industry is about (95%+ scam and fraud). I bought FRWC bots because it looks different. At least the process is more transparent, with competiion and also investor password. Although they don't perform that well live, at least the procedure and the intent are better than some other vendors.

I am very surprised if many of the EAs are actually the same. I guess you could tell they are the same or not if the traded currency pair is the same, if the style is the same (most EA nowadays is scalping with poor risk reward ratio), and the trading time is the same (Asian trading session seems to be popular now).

After this experience, I decide to look at making EAs myself. I have a little background in computer programming many years ago in college. I am not a professional programmer by any mean, but it just took me 2 weeks to teach myself in MQL, and I have made two EAs which perform rather well in backtesting of the last 4 years. My EAs are based on Ichimoku trading system. I guess my point is that it's not really that difficult at all making an EA since MQL is a high level programming language and pretty easy to learn. That's why I am almost at a disbelief when you say 'Not one single one has any one single code of original logic or coding' Are they all scammer that they couldn't even make one single original EA? There are so many trading system out there. They could study any trading system then code it in MQL themselves rather easily. They don't really have to always scalp EUR/GBP or EUR/USD in Asian hours (which seems to have a thousand different bots with different names doing the same thing nowadays).

For FRWC, I don't think they copy any other bots. I have never seen LMD style of trading before. HiRider and Super Volcano are also unique. This goes to show that not every bot out there is copy and pasting. So I respectfully disagree with you. Decompiling original EA for the sake of getting it for free is not right and it robs the author's effort and time in making it. There's no other way to justify such thing even with the reason of 'there are many fake EAs out there anyway' or 'only private EA has values, all commerical EAs are crap and should be gotten for free'. I don't want this to become a debate of what ought to be and what not, but it's probably because there are many people who like to do this that not that many original EAs are being sold for the fear that someone else steals it.

I don't mind paying for EAs which delivers conisstent return / month, have a good risk reward ratio, and performs well in backtesting over the last several years (if there's such thing which I believe there is).

Finally the smart and realistic people are responding on this thread.
EA is not the problem. You now all know that me and my friends
are great EA enthusiasts and you know we decompile everything
to study it. And we get disappointed to annoyed to often laughing
our ass off at what these crooked EA marketers do all the time.
Clearly, they are preying upon forex newbies who recently discovered
EAs and autotrading concept in general. Because you see them
often not knowing even how to get a refund through ClickBank
of all places. But some people still don't understand the very
core of most EAs as evidenced from their comments. I am only
trying to tell you the harsh cold truth. All the strategy codes
are not unique. Nobody just woke up one day and invented
the codes that the original metaquotes guys didn't create in
the first place. Just as no genius computer programmer invents
a C++ code that the original guys didn't create themselves.
Not one single indicator or strategy line of code is original. It
is all a copy and paste job. Now, how you choose those
strategy over another or choose to incorporate all the strategy
and choosing which indicators to invoke or creating your own
indicator or DLL to invoke your own strategy is your own
thinking but still, not one single code is unique to anything.
It all preexsited before all of these rebrand crooks and EA
marketing scums came on the scene. And the bulk of these
EAs were all FREE at one point in these forums back in 2006
and some even earlier. They try to fool newbies with slick
BA advertising but they are all the same. And just even look
at the manual trading strategies out there. How many are
out there? Just break it down... not many. You have
trend/countertrend, scalp, sideways, ranging, breakouts,
grid, hedge, limit orders, stop/limits, and various combinations
of all of these. Then of course, you could also incorporate
gambling Martingale concept with various strategies as well.
But my point is that there really isn't much out there in
terms of trading strategies and there is far less in the terms
of uniqueness in EAs. So stop feeling guilty or make ethical
and moral arguments about decompiling EAs. I honestly feel
that none of you should pay for anything. Now, some people
think you can just decompile out of the blue. No. You have
to have the product in hand in order to decompile it. We have
to actually buy it to decompile it. And NONE of you should pay
for any EAs. Why? Because me and my friends and other
people reside at EA honesty forums such as indo-investasi.com
to show you decompiled commercial EAs and tell you what
they are copies of. And in most instances, we also improve
upon the coding so that it is even better than the original.
And you can all test them for free but disappointingly, most
of them suck. They suck people. They suck. Commercial
EAs mostly are horrid stuff. Don't judge EAs by what you see
sold cheaply on the internet. The fact is, great profitable EAs
will not be sold for $97 or at any price on the internet. You
now know why. First, they get decompiled and you have
zero legal recourse despite what these scamming EA marketing
crooks tell you. Sorry but that is a fact. Actually, the codes
themselves are copyrighted by MetaQuotes but nobody cares
about their rights right? So who would care about the EA
rebranding EA marketing scums' rights? Someone will
decompile it and it will be freely distributed on forums overnight.
Everyone should know this and accept it. It's the truth.
So, a real good EA will never be sold; only crap will be sold
and for $97. And crooks like Fusion clowns come along with
their slick website with reverse psychology and and hyped up
pricing which fools some more people thinking it is different.
What these Fusion guys did was steal other people's work in
the guise of running some competition. They clearly are not
programmers either. There is nothing unique about HIRider
either. Again, there is nothing UNIQUE about any single EAs
that are SOLD ON THE INTERNET. That's the distinction I am
making. I am not referring to private EAs that will always remain
private and well protected. And even those are not anything
unique in terms of lines of codes. Just accept this. Some people
think this EA thing is some magical holy grail thing that takes
some huge work to produce. And don't confuse some trading
system with EAs either. Invest in some time in that forum I
mentioned to get some real world education on this EA BS.
Please... and then wake up. And all these talk of risk reward
ratio. Let's say some EA is decent, if you do not have manual
trading experience to adjust the parameters yourself and just
accept the default, you also won't get anywhere as you all
see newbies complaining even with a semi-decent EA. You
all can adjust the risk reward in most EAs by adjusting the
variables yourself. Now, if those parameters are not even
available, you can say this EA marketer is a crook. Or they
really are not programmers who created this EA because all
EA enthusiasts are concerned with giving users full parameter
control over the EAs. Uh, and there is nothing unique about
Volcano either. Sorry... it haphazardly trades the GBPJPY
and in a haphazard and unprofitable manner with huge losses
if you do get losses. And really, what is a professional programmer
when it comes to metaquotes? Please stop elevating and honoring
EA enthusiasts. Only EA programmers worth respecting are the
honest ones who privately keep their own creations. Everyone
else rightly deserve your scrutiny. Rather than wasting your
money, just come on over to our community of EA enthusiasts
and see for yourself just how many crooks are out there in the
EA marketing arena. OK? Fair enough? Then you also get
the perks of FREELY TESTING THE COMMERCIAL EAS OUT
THERE FOR FREE. Fusion itself was decompiled the first day
it was sold as well. And all you have to do is remove the
authenticating code to make it work for everyone. Nobody
should feel guilty about testing these EAs for free. Now,
after testing them for FREE totally risk free, and if you still
feel guilty, you can actually buy them. Again... fair enough?
I am only interested in honest discourse... not some BS laden
nonsense that is of no help to anyone. EA marketers are mostly
scum. Again, nothing marketed is original. Only thing that is
occasionally original are their slick marketing. Now, I am waiting
for some Nobel winning math genius doing professorship at
Oxford to create some EA. We all know some newbie will
eat it up and buy it for $97 from ClickBank. And I already
mentioned that me and my friends created a scalping EA
that scalps the USDJPY. It does quite well but we know
we will never sell it. First, its fast scalping isn't for the faint
of heart and we know it will be decompiled and wasted
the first hour we make it available anywhere even for free.
And that's the point... if you wasted your effort creating
something that was really profitable and worth something
in your eyes... YOU WOULD NEVER MARKET IT OR EVEN
MAKE IT AVAILABLE ON THE INTERNET TO SHARE. And
you know you won't either. You will keep it for yourself.

refund received// no problems// thanks 2 all for this thread

RESPECT to PLIMUS !!!

irbis posted:
    refund received// no problems// thanks 2 all for this thread

RESPECT to PLIMUS !!!

Plimus is starting to see the light.
The complaints must be pouring
in. And if all the complaints are
of the same variety, Plimus will
see that they got another crook
using them as a processor.

Congratulations on your refund !!!
And glad they did not get a
chance to charge you again.

OK, now it is our turn to attempt at refunds.

And Plimus was kind enough to CC me this
email they sent to those Fusion clowns.
Plimus themselves are getting annoyed
with these clowns. Nice of them to forward
a copy of their contact attempt to them.
Here is a CC of the email Plimus sent to Fusion
clowns.


Hello,

We have received a follow-up to the refund request for order #x13xx02x.

Unfortunately attempts to reach you regarding this issue have been unsuccessful and the customer
has not received any response from you.

We request that you respond to this issue and we would also appreciate if you would kindly copy us on your reply to the customer within 2 business days.

Should we not hear back from you, we will assist the customer directly by making the refund on your behalf.


Regards,
Laurel-Plimus Support

I am begining to like Plimus 😀

eafinder posted:
    I closed the HiRider trades earlier manually with much lower loss on 3/26 or 3/25. I traded live, and so far has managed to just lose very little with some manual intervention.

If anyone is fine with a suicidal risk reward of 1:20, they can easily make any expert advisor themselves to trade extreme price movement using any technical indicator like Bollinger Band, RSI, etc (e.g. open a short trade when RSI hits 80 or more in 5 minute chart with TP 12 pips and SL 210 pips). The result would be exactly the same as HiRider, lots of gains and occasional loss which will wipe out all gains and more. I can do that kind of simple programming for a much less cost than $1000 USD.

Well said. Very true. You can Set an EA to always buy or sell on candle open with that RR and you will achieve similar results.