EAR16 (By ear16)
The user has deleted this system.
EAR16 Discussion
May 18, 2014 at 10:42
ricki72 posted:
I cannot deposit 10k on tier1fx.com, maybe 1k.
And i cannot pay $300 every month.
So can we find a compromise?
If the EA makes over 300% per month (it sounds dangerous), then with 1k i will reach the 10k very soon (2 months).
We could make the deal, that i will withdraw some money only when it´s over 10k, so that you have a nice comission.
Or do you have another idea?
BIG PROFIT= BIG RISk
if you no understand ths, you is other casino player, in forex world
If you no can pay lisecen, and you no have money for open account
the best option is find other system more economic
Member Since Feb 21, 2014
16 posts
May 18, 2014 at 12:55
big profit = big risk... so how risky is your system?
do we talk about margin calls? 50% of the account in 1 day? in 1 week? or a 20% lost in a month?
how many consecutive bad days your back tests hit?
etc...
if the minimum account is 10K$ when opened with tier1fx ... can we manage the lot size ourself? or do we don't have any control on the account?
we have to understand the risk to take the right decision and to verify if we are ready for this risk or not.
do we talk about margin calls? 50% of the account in 1 day? in 1 week? or a 20% lost in a month?
how many consecutive bad days your back tests hit?
etc...
if the minimum account is 10K$ when opened with tier1fx ... can we manage the lot size ourself? or do we don't have any control on the account?
we have to understand the risk to take the right decision and to verify if we are ready for this risk or not.
Member Since Dec 10, 2013
84 posts
May 20, 2014 at 06:33
I am willing to give it a test, though I have a few questions;
1. Is there risk scaling in the EA? Like; use a % of your balance to determine the lot size?
2. What is the minimum spread required, can it work with 3.8 i.e.?
3. Is it possible to unveil some more insights in your history? i.e. lot size and balance
4. Is your live account also running the EAR15 EA?
I understand that you would like to get lot commissions as an I.B., but most of the peeps here have that for themselves. So switching is not that easy :-(
1. Is there risk scaling in the EA? Like; use a % of your balance to determine the lot size?
2. What is the minimum spread required, can it work with 3.8 i.e.?
3. Is it possible to unveil some more insights in your history? i.e. lot size and balance
4. Is your live account also running the EAR15 EA?
I understand that you would like to get lot commissions as an I.B., but most of the peeps here have that for themselves. So switching is not that easy :-(
now or never!
May 20, 2014 at 13:34
Atsiekratsie posted:
I am willing to give it a test, though I have a few questions;
1. Is there risk scaling in the EA? Like; use a % of your balance to determine the lot size?
2. What is the minimum spread required, can it work with 3.8 i.e.?
3. Is it possible to unveil some more insights in your history? i.e. lot size and balance
4. Is your live account also running the EAR15 EA?
I understand that you would like to get lot commissions as an I.B., but most of the peeps here have that for themselves. So switching is not that easy :-(
IF YOU NEED SUPPORT WRITE IN WEBSITE NOT HERE
Member Since Feb 21, 2014
16 posts
May 20, 2014 at 15:07
its not a support question, its a standard question which has his place here.
if you want to sell it... do your marketing speech here...
or put a QA section on your site answering these questions.
if you are nice here you'll get more customers for sure.
but more you hide... more troubles we anticipate... (you know... we dislike politicians because they never say the complete truth...)
for example, is there any guarantee in place?
if we are not satisfied by the performance in the first month, do you reimburse?
if you want to sell it... do your marketing speech here...
or put a QA section on your site answering these questions.
if you are nice here you'll get more customers for sure.
but more you hide... more troubles we anticipate... (you know... we dislike politicians because they never say the complete truth...)
for example, is there any guarantee in place?
if we are not satisfied by the performance in the first month, do you reimburse?
May 21, 2014 at 06:27
SimpleComments posted:
its not a support question, its a standard question which has his place here.
if you want to sell it... do your marketing speech here...
or put a QA section on your site answering these questions.
if you are nice here you'll get more customers for sure.
but more you hide... more troubles we anticipate... (you know... we dislike politicians because they never say the complete truth...)
for example, is there any guarantee in place?
if we are not satisfied by the performance in the first month, do you reimburse?
[/quote
The best you can make is buy nothing, open demo account in one broker STP and practice and practice
1 year min, more later can continue to play in FX
May 21, 2014 at 06:32
Check out the small print:
'Ear16.com not refound money , if you not feel sure, use lisecen free in recommended broker program. All EAs, we install in privated VPS free for customer. Never send direct EA for protect to hakers.'
Spelling mistakes were not mine.
I'm not even sure they will supply an EA for use on a broker other than 'Tier 1' (based in Malta) who no-one seems to of heard of. ear16 are evasive and won't answer basic questions about EA setup, lot size or risk settings and their response on this thread is surly and arrogant and completely 'take it or leave it'. Clearly you need to be a meek submissive and not care about losing money to want to buy this product.
This guy has no idea about how to sell his product, that's for sure.
My advice is steer well clear. If the responses here are anything to go by then the after-sales support will be REALLY bad.
'Ear16.com not refound money , if you not feel sure, use lisecen free in recommended broker program. All EAs, we install in privated VPS free for customer. Never send direct EA for protect to hakers.'
Spelling mistakes were not mine.
I'm not even sure they will supply an EA for use on a broker other than 'Tier 1' (based in Malta) who no-one seems to of heard of. ear16 are evasive and won't answer basic questions about EA setup, lot size or risk settings and their response on this thread is surly and arrogant and completely 'take it or leave it'. Clearly you need to be a meek submissive and not care about losing money to want to buy this product.
This guy has no idea about how to sell his product, that's for sure.
My advice is steer well clear. If the responses here are anything to go by then the after-sales support will be REALLY bad.
May 21, 2014 at 06:49
You should put the minimum deposit for the accounts with tier1fx down to 1k or even less. Then you would have hundreds of costumers more.
Because putting 10k on a account to try a EA which makes 300% per month, it´s like russian roulette:
Put a round in a revolver in one of 6 holes, put it on the head and ... click! 😁
I would not even try with $500
(and i could afford to make a deposit of 10k)
Be true... how many people did subscribe yet?
Because putting 10k on a account to try a EA which makes 300% per month, it´s like russian roulette:
Put a round in a revolver in one of 6 holes, put it on the head and ... click! 😁
I would not even try with $500
(and i could afford to make a deposit of 10k)
Be true... how many people did subscribe yet?
The differenece between who your are and who you would like to be be is what you do
May 21, 2014 at 08:48
Lardo posted:
Check out the small print:
'Ear16.com not refound money , if you not feel sure, use lisecen free in recommended broker program. All EAs, we install in privated VPS free for customer. Never send direct EA for protect to hakers.'
Spelling mistakes were not mine.
I'm not even sure they will supply an EA for use on a broker other than 'Tier 1' (based in Malta) who no-one seems to of heard of. ear16 are evasive and won't answer basic questions about EA setup, lot size or risk settings and their response on this thread is surly and arrogant and completely 'take it or leave it'. Clearly you need to be a meek submissive and not care about losing money to want to buy this product.
This guy has no idea about how to sell his product, that's for sure.
My advice is steer well clear. If the responses here are anything to go by then the after-sales support will be REALLY bad.
I have bad news to report:
This is not a philanthropic organization
And traders, speculating here for the money, not save the world
and in the process make money all parties, traders, developers, banks and brokers.
This is not a school of trading
have two options if you want to use the system or open an account on our broker, we consider the best
or pay a license and use the one you want
if you are not sure or do not understand, clearly the best:
DO NOT BUY
May 23, 2014 at 10:28
If I had a system that gave me 300% each month I wouldn't even bother to sell it. I'd be a multimillionaire by the end of the year and waste no time here. It's as simple as that.
The obvious conclusion is that this is a time bomb waiting to explode. The vendor won't even answer any questions, so he either doesn't want to sell his product or is hiding something.
I'm out. FPA should stop the live test and make a little due dilligence on EAs that are offered to them.
Eduardo
The obvious conclusion is that this is a time bomb waiting to explode. The vendor won't even answer any questions, so he either doesn't want to sell his product or is hiding something.
I'm out. FPA should stop the live test and make a little due dilligence on EAs that are offered to them.
Eduardo
Member Since Jan 25, 2010
1360 posts
May 26, 2014 at 18:54
(edited May 26, 2014 at 18:55)
My work computer blocked their website as a phishing / malware risk. Do not trust this vendor and do not visit his website.
Attachments:
forex_trader_95486
Member Since Oct 17, 2012
31 posts
Jun 01, 2014 at 06:23
Why dont we give ear16 a little more time? myfxbook is verified, vendor has right to hide amt etc, but other stats are there to help us determine whether we can even consider. They used armada, one of the more reputable STP broker. Armada DOES NOT say they are true ECN, they are just STP, that is stated VERY CLEARLY on armada web site.
Goto FPA look at closed times and open times, EA closed with 20-30mins, but on myfxbook average is abt 3hrs. Average is misleading coz its just average. But on the whole, this is good, EA DONT hold till 2nd Christ coming whenever there is lost trade, it turns around fast. This meant your margin is released very fast, such that if there is a batch of bad trades, it can recover fast (provided strategy of EA is sound and stable). EA has good PR (profit ratio), trades multi currency and look again at mt4 statements on FPA. What do you see? YES, its multi currency, BUT it seems a marti that does ONE trade at a time, thus reducing your overall risks and even exposure. Cos single currency, all the risks tie to that economy/country/cur, eg EURUSD (tie to US, EURO). Multi currency allows EA to better search the market for more potentials. EUR/USD flatline, no issues, AUDJPY is active and it hits it for profits. Look into the profits, YES scalpers. NOTHING wrong with scalping, but a few conditions lets see whether EA is fulfilling
1) Fast turnaround (dont hold bad trades)
2) Great accuracy and stable
3) Prefer multi currency and low risks handling
4) Low deposit needed
The EA fulfills all these and thats good enough for me. I will monitor this acct with great interest and decide whether to subscribe to EA and run with Armada (STP) or IC Markets (ECN). They allow us to help host the mt4 on their VPS, I dont have to worry regards the VPS cost even. Provided they have great service,that they do not place unwarranted risk on my accts or that they purposely switch off VPS or lousy VPS providers such that account is often offline, etc, I am fine.
Tier1fx looks professional, its new though and quite tough rules on 200:1. The spreads are not that great, is abt 0.1 but commission is abt $9.2 for lower deposit. BUT EAR16 already answered some of my concerns. They place us in highest tier with broker @ 250,000, which meant we get to enjoy commission $25.75 per million (or 25.75/1M * 100,000)==> $$2.575 PER SIDE, this meant a total of $5.15 per lot or 0.515 pips per trade. THATS VERY VERY REASONABLE commission. If Tier1fx is really all that it is, this sort of commission and their regulated, protected funds system is well worth the effort to consider! $10k to invest in a managed fund is not a lot, its quite basic. Dont forget they get IB fees, they never get managed fees even (at least EAR16 never state that managed fees is 30% profit sharing or whatever).
Sure theres a scammer every minute, once in a while, we need to be more flexible and see the rainbow hidden in the clouds. Let the results speak for themselves and in a few months and more performance reports, we can say for sure whether we have been wrong/right! There is nothing wrong to be cautious, but overly cautious, thats even worst than putting your $ under the bed. Even then $ will be moldy, crumpled to dust, maybe cant used anymore. FX is high risk investment. Just base on 1 mth's results to scream scammers at anybody is not fair. Lets give it some space to grow and make us trust them. If not, well, thats always another holy grail around the corner
PS: EAR16 can you pls confirm commission if I join the managed account? Also regards profit sharing. I visited your site, but I didnt not see the $10k minimum and what sort of account to apply for Tier1fx. Pls place this into the site, so that its easier for customers to understand the requirements (commission, minimum to invest, broker + type of account to open)
Goto FPA look at closed times and open times, EA closed with 20-30mins, but on myfxbook average is abt 3hrs. Average is misleading coz its just average. But on the whole, this is good, EA DONT hold till 2nd Christ coming whenever there is lost trade, it turns around fast. This meant your margin is released very fast, such that if there is a batch of bad trades, it can recover fast (provided strategy of EA is sound and stable). EA has good PR (profit ratio), trades multi currency and look again at mt4 statements on FPA. What do you see? YES, its multi currency, BUT it seems a marti that does ONE trade at a time, thus reducing your overall risks and even exposure. Cos single currency, all the risks tie to that economy/country/cur, eg EURUSD (tie to US, EURO). Multi currency allows EA to better search the market for more potentials. EUR/USD flatline, no issues, AUDJPY is active and it hits it for profits. Look into the profits, YES scalpers. NOTHING wrong with scalping, but a few conditions lets see whether EA is fulfilling
1) Fast turnaround (dont hold bad trades)
2) Great accuracy and stable
3) Prefer multi currency and low risks handling
4) Low deposit needed
The EA fulfills all these and thats good enough for me. I will monitor this acct with great interest and decide whether to subscribe to EA and run with Armada (STP) or IC Markets (ECN). They allow us to help host the mt4 on their VPS, I dont have to worry regards the VPS cost even. Provided they have great service,that they do not place unwarranted risk on my accts or that they purposely switch off VPS or lousy VPS providers such that account is often offline, etc, I am fine.
Tier1fx looks professional, its new though and quite tough rules on 200:1. The spreads are not that great, is abt 0.1 but commission is abt $9.2 for lower deposit. BUT EAR16 already answered some of my concerns. They place us in highest tier with broker @ 250,000, which meant we get to enjoy commission $25.75 per million (or 25.75/1M * 100,000)==> $$2.575 PER SIDE, this meant a total of $5.15 per lot or 0.515 pips per trade. THATS VERY VERY REASONABLE commission. If Tier1fx is really all that it is, this sort of commission and their regulated, protected funds system is well worth the effort to consider! $10k to invest in a managed fund is not a lot, its quite basic. Dont forget they get IB fees, they never get managed fees even (at least EAR16 never state that managed fees is 30% profit sharing or whatever).
Sure theres a scammer every minute, once in a while, we need to be more flexible and see the rainbow hidden in the clouds. Let the results speak for themselves and in a few months and more performance reports, we can say for sure whether we have been wrong/right! There is nothing wrong to be cautious, but overly cautious, thats even worst than putting your $ under the bed. Even then $ will be moldy, crumpled to dust, maybe cant used anymore. FX is high risk investment. Just base on 1 mth's results to scream scammers at anybody is not fair. Lets give it some space to grow and make us trust them. If not, well, thats always another holy grail around the corner
PS: EAR16 can you pls confirm commission if I join the managed account? Also regards profit sharing. I visited your site, but I didnt not see the $10k minimum and what sort of account to apply for Tier1fx. Pls place this into the site, so that its easier for customers to understand the requirements (commission, minimum to invest, broker + type of account to open)
Jun 06, 2014 at 07:40
Jarora posted:https://www.brokerarbitrage.com/arb.html
It is martingale! No backtest! Only start deposit is 15€. Price EA is 299,- USD. Crazy price. Be carefull!
https://www.forexpeacearmy.com/metatrader_expert_advisor/ear16/real
https://statements.forexpeacearmy.com/ear16_real/statement_new.htm
this is the 'EA ARB', which everyone knows does not work in real, only in
some demo accounts or unregulated brokers and scammers. I bought it a month
ago and have tried in 3 brokers losing all my own. NOT WORK on LIVE
accounts
you can see here:https://www.mql5.com/en/signals/33860
they sell signal
around here, but it is just a strategy of a broker who works in b book, to
attract customers fools
this broker,
https://deutsche-trading.ru/
without regulation and without warranties
PURE SCAMM, TAKE CARE AND DONT BUY
Jun 23, 2014 at 10:09
burmanfx posted:
WARNING! I purchased this EA via paypal from ear16.com a few weeks back and still have heard or received nothing from the seller. I am now in the process of disputing the transaction through Paypal.
This is not true. We waiting your account info for activated your EA. only need write support with your payment info. And all is active in 3 hours. WHY YOU NO SEND INFO?
WHY YOU WIRTE HERE AND NO WRITE SUPPORT?
