Hi Carlos
“hmmmmmmmmm, this seems that someone from FRWC is very pist off because someone says the EA is not good.”
I’m not sure that’s the case at all - I don’t think that you can find a single EA or trading system anywhere which doesn’t have its share of good and bad comments somewhere on the web and I’m sure they’re very aware of that. In fairness, I haven’t seen any “fighting words” from the FRWC guys though I did see a support-style answer on one of the forums.
Personally, I don’t care if someone wants to post about their bad experience with an EA (not just the FRWC ones) - what annoys me are the blatantly idiotic comments that get posted, particularly when people are screaming “SCAM!”… honestly, most of those people don’t even understand what the word means.
A perfect example of an idiotic comment is the one by witsnpips where he accuses every FRWC EA of being a martengale when they quite obviously aren’t, making me wonder if witsnpips has even seen one of the FRWC EAs!.. those kinds of posts are just as harmful to newbies as genuinely cr*ppy EAs because newbies assume the poster actually knows what they’re talking about (and base their own decisions on that information) when, in 99% of cases, the poster knows nothing about what they’re commenting on.
“I expereinced that multicurrency is not good, because blows your account to 0. This is my experience for this EA in a demo account”
Well, LMD is a daily strategy and the markets have definitely been jumping around recently so that’s a real possibility though results with different brokers could be completely different due to differences in server time.
“for HiRIDER I believe that is the best EA, but, I didn’t got this…so I didn’t tested yet.”
I also like HiRider - especially the new “Modified” version in the EA Lab. Slightly confused by your “I didn’t got this” statement though - how can you not have it?.. all of their EAs are available to members.
“One thing I just got from the guys that are selling amazing EA’s they are trying to get money from the newbies in the business.”
I agree - most commercial EAs are terrible and they seem to love placing “winning streaks” of trade statements on the sales pages to give the impression that their EA is a real super-bot but, the big give-away is when they only show the TP and Profit columns (especially when each trade results in a huge win!) - they won’t show the other details because they’re normally using massive lot sizes and ridiculous SL distances which they don’t want you to know about
“I got a few good FREE EA’s in other foruns that are working to get better results, and I have a live account with one of these free EA’s and I am getting money with this one.”
Me too - my best system is based on a free EA.
“Believe me I tried alot of EA’s and I bought one once, the FAMOUS MEgadroid, lucky I’ve got my refund, because didn’t get money with this one or others that got some good places on metaquotes contests.”
I guess that was because of your broker… Megadroid is an excellent EA but it needs the right broker (mostly spread related) or it just doesn’t trade enough.
Neo