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ForexSorcerer.com

Discussion in 'Forex Software' started by Administrator, Dec 2, 2009.

  1. Administrator

    Administrator Just Administrator :-)

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  2. soladood

    soladood Recruit

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    i think this thing has left everyone speechless
     
  3. Carlo Colombo

    Carlo Colombo Private

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    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.
     
  4. ernest8fingers

    ernest8fingers Master Sergeant

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    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.:)
     
  5. Carlo Colombo

    Carlo Colombo Private

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    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:
     
  6. soladood

    soladood Recruit

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    :)

    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?

    ;)
     
  7. ernest8fingers

    ernest8fingers Master Sergeant

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    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.
     
  8. Carlo Colombo

    Carlo Colombo Private

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    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:
     
    #8 Carlo Colombo, Dec 24, 2009
    Last edited: Dec 24, 2009
  9. Carlo Colombo

    Carlo Colombo Private

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    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 ...
    :D

    The fact is that I want to reproduce their backtest results, but it's impossible.
    :D
     
    #9 Carlo Colombo, Dec 24, 2009
    Last edited: Dec 24, 2009
  10. Carlo Colombo

    Carlo Colombo Private

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    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.....
     

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    #10 Carlo Colombo, Dec 24, 2009
    Last edited: Dec 24, 2009

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