Discuss ForexSorcerer.com

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[soladood]

i think this thing has left everyone speechless

 

[Carlo Colombo]

Only SCAM.
I've purchased a license.
The backtest is ridicolous.
Works better "macd sample".
I see that the EA is working on a pacearmy computer on demo account.
I can't believe you didn't a backtest of this EA.
In order to have the backtesting as advertised there were only two possibilities :
- the first was an hard coding of periods, so the EA knows what to do .... (like first versions of Euronis ....)
- the second was a fake advertising and a dummy EA.
This is the second case.

 

[ernest8fingers]

rofl!!!!

wow is an understatement! This is now my all time favorite EA website. Does ANYONE take this seriously? I copied the whole website too. The pics of the customer testimonials are classic. 49 million a year? Is that win or lose? lol. Cool(if not corny)name too.

 

[Carlo Colombo]

I suppose that forexpeacearmy has taken it seriously.
I don't. I write EA for my personal use and I know how is difficult to obtain only moderately good results from an EA.
I've read an italian name (probably fake) in the developers, so I decided to test it. I've opened a ticket for a refund on Clickbank.
Many peoples think that with the right advisor they can do a lot of money.
There is another group of people who think the same.
They are not-serious software developers who take (in the best case) old good software, add some mods, then recompile with exotic names.
After, they open a kitsch website and start to gain money.
If you multiply 90$ x 5,000 = 450,000$ , not peanuts for a 30' work.
In the case of FAP 50,000 x 250 = 12,500,000 $ (example of fap only for sales, their EA it's almost decent if not good).
The market is growing and is a rich pie.
:unhappy:

 

[soladood]

yes i think i will test this one !

i also program ea's but seriously....u gotta give credit where its due - so far this thing has enjoyed a 100% strike rate forward testing !

Like... how much better can u get than that?

and if u couldn't trust the FPA, who could u trust?

 

[ernest8fingers]

i want to stress that it is the layout and title and sales pitch i laugh at! the actual EA i know nothing about-it could be the real deal? i guess i am jealous? And good luck Carlo-hope you make a killin.

 

[Carlo Colombo]

Many thanks Ernest.
It's true, the layout is ridicolous, but the numbers are numbers.
:unhappy:

I suppose that anyone can evaluate the product ...............
:unhappy:

 

[Carlo Colombo]

yes i think i will test this one !

i also program ea's but seriously....u gotta give credit where its due - so far this thing has enjoyed a 100% strike rate forward testing !

Like... how much better can u get than that?

and if u couldn't trust the FPA, who could u trust?

Sorry I didn't read your reply.
If you can test this EA you can see that it can give a series of winning trades, at the end there is loosing serie, after a winning .... the result is a panoramic view of mountains .....
I've obtained the same good results in backtest (for some days) as in real test at FPA.
The test started at the begin of a good series of trades ...


The fact is that I want to reproduce their backtest results, but it's impossible.

 

[Carlo Colombo]

Here is the backtest for 2009.
I've obtained best results with macd sample after some optimizations ...
:unhappy:

The last note ..... I ..... suppose it's hardcoded internally to change parameters for backtesting purpose .... let me .... suppose from 2003 forward.
You can imagine without this feature.....