Is anyone else here following the Forex Sensation EA championship at Forex Sensation - Expert advisors championship ? What are your thoughts?
No. I look at it and it don’t look good. Seem very fish to me. Good luck though and hopefully they don’t give virus to your computer.
I have the latest version of Kaspersky Anti-Virus - their site is completely virus-free.
I have PC-Cillin and it warns me for that stuff. Too dangerous sorry.
It’s better not to use free anti-viruses like PC-Cillin, lots of false positives there. If you have to, consider Avast.
Forex Sensation Review And Forum Discussion � ForexFBI – Best Forex Robot Reviews
Some interesting points made here, why is drawdown not being shown? Why wouldn’t they use Myfxbook?
Now I do 
I like watching championships, but the best one is the automatic trading championship made by metaquotes.That is the big one, the other ones are only local or broker based ones, so they are not really championships but rather smaller competitions.
Anyway based on my criteria i would only look for bots that have always an upward moving balance.So the FOREXCASHPRINTER and the Y-COMBINATION is very nice.Maybe the Solomon is good too,because i has less DD, but i dont understand why they put on the 4th place the TRADER’S SLAVE bot which looks very lame in my opinion, it could not make a breakout upwards for 2 months, so i would replace that 4th place with the Money Prob bot.
The rest of the bots are just silly.Especially the FOREXCASH, that really fits for its name because it will crash your account :18:
Interesting system FOREX CASH PRINTER, Maybe we can try to make sense out of it. Attached is the trading statement for 3 months (got it from MyFxBook: ForexSensation System | Myfxbook )
One interesting thing is that there are a lot of trades at 17:00. I believe it’s GMT + 2
But apart of that, I have no idea of what are his entry, exit and lot management signals.
what you guys think?
statement.pdf (44.7 KB)
Looks like an advanced piece of software.I dont even bother guessing what should be its entry and exit points because must be a very complicated algorithm, but i see that it doenst use hedge,martingale or averaging so if it could make this growth in the future, with this results then its something close to a holy grail.
Well, I agree we probably won’t find the exact logic of the system, but I like at least to guess the main idea behind it.
Certainly this approach is different than most of traditional trading ideas. Clearly from the statement we can see that this is somehow a scalping system as most of the trades take small pips, and his greatest few trades take about 20 pips.
Normally in a scalping strategy you get a lot of signals, but this one gets very few, he only does a few trades per day, sometimes only one or none, but uses a big lot size, on this statement he used between 3 and 4 Lots per trade.
It reminds me of some arbitrage systems I’ve seen, where there is a slow and a fast broker, and you take advantage of this quotes the faster broker gives you to trade the slow one, scalping the few signals you get.
However, I don’t think this is the case, as they could’t access other brokers quotes in the contest, but I think the type of signal is similar. He trades a lot at 17:00 GMT +2. Maybe he has detected that there are some price adjustments at this time between European and US Sessions, dunno, and he scalps this type of signals.
Maybe he does some calculation among mutiple currency pairs to detect this adjustments and tries to scalp the EURUSD. Something like a Currency index, comparing the USD and the EUR pairs. I don’t know what other type of system would give so little signals. It can be that some currency pairs react faster than others to adjustments.
Just thinking out loud, maybe all I said makes no sense at all, but wanted to let it out. I will play with this ideas myself anyways.
Thanks for reading! 
You can download the EAs for free from: http: // forexsensation . com / files
If anyone can break the code I will happy to hear.
Good luck.
You can’t - it’s a dead link.
They closed the link.
If you teach me how to do that, I will Attached the files. I downloaded the files before they closed it.
There’s no easy way to that and this forum does not allow stolen files.
for me another scam, that championship never exist.
I’m so far in profit with this bot. It’s up to you whether to use it or not.
For sure, but something not right with this ea.
Championship don’t exist, and marketing to aggressive… seems the live account its a time bomb.
I’ve done its tick data backtests since 2006 on the Dukascopy data - no time bomb whatsoever.