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ForexSignalBase.com

Discussion in 'Forex Signals Services' started by Administrator, Oct 7, 2010.

  1. Administrator

    Administrator Just Administrator :-)

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  2. Paul41

    Paul41 Recruit

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    Way to much coincidence here...looks like it was stolen from Mark Fric.'s Forex Morning Trade
    Forex Morning Trade | Profitable Forex Trading – only 10 Minutes a Day
     
  3. Pierre3

    Pierre3 Private, 1st Class

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    Yes it is the exact copy of Forexmorningtrade.
    Same entry prices; same trading hours at 5.30 GMT; same results; the only difference is the price ; forexmorning =99 Signalbase =300
    The website forexsignalbase was created the 11th august 2010, the same day was created forexmegadroidpro with the same provider godaddy
     
  4. lakshij

    lakshij Forex Signal Base Representative

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    Hi

    Hi guys we are from Forex Signal Base support team.

    First of all we should say that it is up to the people if they should go for our expert advisor or forex morning trade system(FMT).And also we should say that nothing stolen from FMT and we have contact Mark already and he has no problem with our expert advisor.

    And we are pretty sure our statement is not the exact statement that you got by using FMT.(anyone can check our fxstat statement at our hompage )And it is up to the people see the results and decide whether go for FMT or Forex signal base ea.

    And we trade forex over 6+ years and we have several methods that we have been used for years which we are going to implement on our signal service (still in pre launch).

    and one more thing ,we don't have any relationship with forexmegadroidpro and it is not logical that a guy claimed we are open our website on same day that forexmegadroidpro has opened on go daddy.

    And we hope that you guys understand about forex signal base.
     
    #4 lakshij, Oct 22, 2010
    Last edited: Oct 22, 2010
  5. Dewey McG

    Dewey McG Private

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    Since your system seems so similar, can you explain what the differences are then? What would we be getting for $300 from you that we aren't getting from Morningtrade. For one, I am very concerned if it is the same or almost the same, because while Morningtrade has shown respectable results for 2009 - 2010, on a ten year back test it does poorly on the 8 years prior.
     
  6. lakshij

    lakshij Forex Signal Base Representative

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    When FMT doesn't take an order then our ea may take an order according to our logic and there are calculations for strength of the trend which will open more than one order on high probability scenario. because of our privacy we cannot expose more about our logic behind the ea. Feel free to analyse the statements on our homepage (fxstat live results or backtests)with the results you got from trading FMT.

    We hope you guys clear with our expert advisor.
     
  7. Pierre3

    Pierre3 Private, 1st Class

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    You open trade on FPA test exactly at the same hour (5.30 GMT) as ForexMorning Trade; you close trade at the same hour; you open and close trade at the same price; you trade or dont trade the same days as ForexMorningTrade
    Definitively you are a copy of ForexMT.
    If you wish I show on FPA the statement of ForexMT of the last week
     
  8. Pierre3

    Pierre3 Private, 1st Class

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    The Ea of FMT has the option of a breakeven and trailing stop , you can use or not use; then the close trade can be sometime different

    Take a look at the statement on FXPRIMUS GMT+3
    When the trade dont use trailing stop the close prices are the same and at the same hour; the open trades are always the same and at the same hour

    May be you can explain the strategy of your EA!!!!!
     

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  9. lakshij

    lakshij Forex Signal Base Representative

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    Please visit Forex Signal Base EA v1 - FXSTAT . the FPA test is new its just started.It s good to analyse fxstat as we said earlier.
     
  10. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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    I have checked with the owners of both products. It looks like 2 people came up with almost the same trading strategy independently.

    I am glad that FPA members are alert for possible fraud, but this time it really seems to just be a coincidence.
     

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