My Live EA Discussion

Huh?

Again this is NOT about me..who cares about Randy that is not the issue here.
I have said enough I already received some emails from developers who are taking legal action against Karl as natural person and the Forum as a whole.

Believe it or not there are developers that actually do care about their products and did not know the existence of this illegal site.

So lets just wait for the next update it should prove more than interesting..

Randy

kardel posted:
    😄 picture tells he truth. beside .. please don't use bad language here ... it make people think that you were uneducated. and seriously .. they wont trust uneducated people at any mean ...

my 5 cent ... randy ...
judging from your language .. You're not from U S and beside ... you have a great lost due your previous post that I delete, you asking for EA that making 20 % per month. be Wise randy .. and GROW UP .. this is the truth ...

Hi,

I would agree with what you mentioned.

It is unprofessional of you 'Randy' to use kids language. And let me tell you this, if that post in the previous pages on the community site you promoted was yours, then what do you complain??

I don't understand what you want to say. It is like you get something for free and then complain that people get the same free product !! in which universe are you living??

Besides, be honest with yourself, is there a good system that whose sellers out there offer good EA?? The answer is NO. never and ever they sell you this kind of EA. so all peoples money is waste??

Can you explain to me this??

Sincerely,

Scarface

MyLiveEA posted:
    I hope that the good people of this community rise up and do something about this..

It was never about me..

The point was never if I said this or that . Maybe I am a crazy old guy or maybe I had these intentions all along whatever the case this is NOT about me it's about your illegal website and now it is out in the open for the world to see.
Plus I made sure that every Forex forum on the net knows who it is that is stealing other peoples copyrights and destroying their business and livelihood. I also made sure that most of the developers I know are now aware of your illegal activities..
Anyone that makes me a bad guy here is only helping you in your mission to steal because I have not written one word of untruth about you and your illegal pirate forum.
I hold a high regard for other peoples work and anyone here that does not should be expelled from the trading community in my opinion. This should be a professional place not a gambling Casino.

oh, really !!! what copyrights are you talking about. Sellers stealing each others work is what then?? how about the EAs I make?? why some scammers out there take it for free and remove copyrights and write their own names and sell it for money?? Those people you are referring to are all unclean and use other people to promote their lives. Check all those who sell EAs or indicators, and ask them where they got this EA or idea?? It is all from the fx forums all around. I'm sure you can't reply because you see the truth, but can't say it.


<quote>
All the Forex forums like FF,Forex-TSD,Trading systems, FXstreet,trade 2 win and others have strict copyright rules. You cannot even post commercial code on those sites but you have went much further you have made a business out of this. You have made your site so popular because you steal and give away every system ever made. You have done this for one purpose and that purpose is to put money in your pockets. You use your site for banner advertising to brokers.
Do you know how many hits your site gets per day I will tell you by the number of hits your site gets the market value of just placing one AD is in the hundreds if not thousand of dollars. You found a way to make yourself very popular off other peoples hard work and then turn that popularity into money for your self..
</quote>

Yes, you are. That's why you can't access to some special forums or I would say paid private forums so you can see what's going on. You look like an innocent new trader who either pretend to know nothing or you really don't know anything. Quick question, how would you know that this specific EA is on this forum or that??? Isn't by the name?? what if the name is not there?? Does that mean the EA doesn't exist in that forum?? I guess you need to study magic a little maybe you can see better.

<quote>
You and your site is sick and it is this kind of thing that makes the Forex industry look like a Casino not a professional place..
</quote>
I like this statement the most. here is another good question, why do you think that Forex industry is NOT a Casino??
It is like gambling and no more. There is no sense in it, and if you think you can explain so here is a quick question for you: why did the pair EURUSD on Jan 5th, 2009 had fallen almost 500 points (pips) only that day?? is there any explanation??

whatever tool you use either bought or stolen one, wouldn't explain to you that??? you know why?? because it is a gamble.

Hopefully this would help you out understanding what world you are living in.

Regards.

SF

MyLiveEA posted:
    Huh?

Again this is NOT about me..who cares about Randy that is not the issue here.
I have said enough I already received some emails from developers who are taking legal action against Karl as natural person and the Forum as a whole.

Believe it or not there are developers that actually do care about their products and did not know the existence of this illegal site.

So lets just wait for the next update it should prove more than interesting..

Randy

well well. It seems you still have faith in yourself. I'm one of the developers and I would care about one thing, which is keeping babies mouth shut because you would be considered as well a part in this since you have been caught ' your posts in the same forum'. Besides, why would I bother myself about this issue so much. Let's be honest with ourselves, no one has sold profitable EA or indicator so far. It is all bunch of waste. Most developers are cheaters and never tell the truth about how good or bad their products. There are only few sites that promote good one, but they don't last long because of the market unpredictable conditions.

Now stop crying like a baby, and let's work in our business. If you are here to make a mess, stop doing that because you are not in the right place.

Hopefully this helps.

Scareface wrote Let's be honest with ourselves, no one has sold profitable EA or indicator so far.

What are you just plain stupid or did your mamas drop you on your head a few times.
There are profitable EAs look at mine on a real live money account right here 115% in 2 months with only a 16%dd.
Now I agree you will not find a EA this good on the commercial market but you will find some that are maybe 25% as good.
You must tell yourself these lies so you can sleep well. And what about every single manual trading systems that you have copies of all the videos and courses which some are in the thousand of dollars. I suppose those do not make any money either according to you and your sidekick Karl.

Scarface did you and Karl go the the school of how to deflect the truth when you get caught.
You are so wrong on all your points. I will not take the time to go over each one.
I will say this was never about me and more importantly never about my EA. I have no plans at all to sell it andI never will. Where you come up with this trash is beyond me but I know why it's done. If you can get enough readers focus on what Randy'did'
then the attention will be off the Illegal forum where you and others have stolen other people hard work violating every possible copyright and they making it free for anyone that wants it. Maybe you are too simple of a man and not that smart, I know Karl is like this. So I will give you a example that even you should be able to understand I hope.

Picture this you move to a small town in the country and your dream has always been to have a nice country store for the locals.
So you begin working putting in lots of hours to have the money to open such a store. You finally have enough money saved up but it took you almost 2 years of hard work. On the day of your Grand opening you are all excited, you go down to your new store with a feeling of accomplishment.
Everything looks super and then it happens on the same day another person opens a store next to you and carry's the same inventory you do but with one major exception. You know what that is old Scareface.It's free! Everything in the store next to you is free! Needless to say you had to close down the store and lost 2 years of your life because of this.

Now Scareface and Karl this is exactly what you do with every developers work. However you guys went further than the store owner who made everything free you guys broke the law also. So you do not only kill all the developers project and income you have no regards for the law that is there to preserve this vary thing.

Your sick people simple as that. I can say this there are people now that have a close eye on your forum and it will not be long before everyone that is involved in this illegal scheme to answer to the authorities.

Now you be sure and tell the fine people here when that day happens. However I know the time frame so maybe it's better I tell the fine people what has happened to your illegal pirate site..

Have a good day now
Randy

Enough of the flame war. Wasn't this discussion forum supposed to be strictly about the system being tested? Yet every post for days has been a self righteous campaign against other sites that you were by your own admission an eager participant at... I didn't come here for this. Take your crusade elsewhere and stick to discussing your system or I may make a complaint to the moderators.

By the way, the 'recovery' part of your EA system does sound VERY interesting. I sincerely think you're on to something here. But you're not disclosing details or selling it so the only conclusion I can come to is you're looking to draw in clients for your money management. Fair enough, but a 2 month track record, however good, is in my opinion insufficient, especially when there are two more still hidden months of big losses which this EA was somewhat a part of. During these two sketchy months, if this EA was profitable and the other was not, why hide the details? Show them and explain exactly what happened. The Truth will set you free. Also, at reputable banks and brokerages, investors are at least protected from outright absconding. What safe guards do investors in your money management service have that you won't just disappear with the funds... ?

Thank you I completely agree but when someone comes out of the blue and post 3 consecutive posts attacking me I cannot llet it go. I was done with this yesterday but for some reason that pirate site keeps getting back to me. Maybe the authorities came already I dunno.

I also wrote to myfxbook cuz I wanted this crap deleted the people that needed to know have been told. But in the great wisdom of this site they will not delete anything and I sure do not see any option where I can delete my own posts.
I am more than fine to let this go now.

+++++++++++++++++++++++++++++++++++++++++++++++++++++========================

Okay now back to your question. Thanks for your post. I said from the beginning this is my live testing account. There was only one time when the account almost blue and that was in February and the reason was I was testing my recovery system on my EA at the beginning phases of my system. The only reason why I hide the trades is I do not wish to show the world how my EA trades and how my recovery system works. I have nothing to hide that I am ashamed of or do not like. Matter of fact few people can show these stats on live accounts. So to eliminate confusion I made Mar2 the start of my EA being used with my recovery system. Before that time it was in beta testing and is no value and also inappropriate t show your beta tests results cuz these can be all over the place and I would know why but it would be impossible to explain it to someone viewing my stats.

I know I have something valuable. No one but myself needs to know how my EA an recovery system works. It's something you do not share with investors. I manage a couple of accounts now and I am set up with PAMM at FXopen it' impossible for anyone to run off with the money we al get paid what we agreed on. that is the beauty of a PAMM account.

People want and nag me to see my trade history only for one thing they want to see how my EA trades etc. Well I just told you in the paragraph above this is not something a investor needs to know. The PAMM account takes care of al security issues.
After all it is their own account but I also have the assurance at the end of the month I will be paid.

Hope that clears things up some
Randy

Well they got a point of fighting about the developer code, interest, copyright.

Is all about money issue problem, but it doesn't make sense to me as that the market of internet is so huge, some group of hardworking people search through forum will get free EA, some group of people don't like reading will buy whenever got new EA come out. They still got some good income even there are many site provide their copy for free.

Another more don't make sense, there are selling a making money tool. So they themselves already rich using their own tools making tone of gold. So I don;t know what is the point of arguing that the free copy or scam copy will ripe of the original developer great interest, this is not like the conventional business of music, movie, software business tool where your income depend on user. Your customer is already the forex market and depend how good your tool can dig the gold out.

So selling EA is an extra income of bonus, for developer as they are the master of Gold Digger already. Well of course we already have thousand of tool provided in the market for us to chose, and most tool don't work well or don't work long, that's why it sell so cheap and some are free. Of course safer and faster way is develop a tool and sell to the Gold Digger, in-case the gold mine corrupted you still have income from selling the tools.

So I also in the process of metamorphing myself from a Gold Digger to become a tool maker, after get crush in the gold mine. Unfortunately, I hardly understand how the tool to be made, so I get all the free tools and reborn it so it rock, while hoping some rich digger also want to buy my tools.

Yes we are here to discuss your great EA that rock, if you disclose it, then i can not learn your secret and make modify to my other not so well perform EA. While yourself already making some good gold, so help me out the poor digger here that still trap in the mine cave of underground. 😭

You can PM me to discuss your tactic if not comfortable to open such secret yet, as i do know if secret open too fast it might make the gold cave corrupted, too many person start digging at the same place will weaken the structure of channel.😁

Stealing is stealing you cannot rationalize it. You tell that story to the Judge and he will fine you more money.
I am a American living in Panama and people in these countries are like you they do not respect someone works. They feel it's ok to take what the other person made because the other person is making good money so why not us.

The reason is simple down here and in south America the native people will not get off their ass to do anything so it's no wonder that stealing is not condemned here. Now there are exceptions maybe you find 1 in every hundred that thinks it's not ok and wrong. My Panamanian friends are like that good people but they also have been to the US and understand the law much more.

  If anyone on that forum is from the US and they can prove it they will have more than just a fine to pay in excess the way this forum is could very well mean jail time for every American that is a member of that Forum.
I know for fact this is what they are after. I am not worried in the least bit that they know this. I have already downloaded the complete member list which you can trace back to each email and then email to ip address.
The fact is it's too late in the game for them to do anything.

We do not fool around with copy rights the way people do is central and south America. It really means something in the US
randy

What a racist BS :

'The reason is simple down here and in south America the native people will not get off their ass to do anything so it's no wonder that stealing is not condemned here. '

No further comments necessary about your odd mindset...


Estimados amigos latinos, espero ustedes ignoran los estúpidos comentarios y ofensas de este racista. Este gringo tiene obviosamente problemas mentales....

MyLiveEA posted:
    Stealing is stealing you cannot rationalize it.

😁😁😁 get a preschool randy

kardel posted:
    

MyLiveEA posted:
    Stealing is stealing you cannot rationalize it.

😁😁😁 get a preschool randy

Is it him, our Forest Grump?😁

Hahaha.. What a good statement of law and order. Where should i go register my pattern of copyright ahh ? Hahaha..really can bring the case to court ahh ? So if copy code exactly is stealing, and it happened globally, stealing your though and copy your code can be a crime, well is a perfect law of yours. So we do make quite of sue case by fast fast register someone code to unknown department before he register first so we can sue the original developer of stealing.

Are we still in the right track of talking about stealing code of programming ? Got such law about stealing MQ4 copyringht ? Where to register ahh ? So next time i can sue other people to get rich, by register many bunch of code under my name, then go look tin other commercial EA code to find some similarity, so i can file a law case.

Hahaha.. I like your statement Randy, it always sound Sophisticated and entertaining.

RFLMAO!

You have no idea Karl what is going on. You think I am that Randy good keep thinking that but if I were you I start thinking about what your going to say to the authorities when they tell you that you have broken the law..

What surprise me in this Forum how many dishonest people that are here. It's sad that it seems on this site we just have a bunch of thieves.
Since I started this thread not one member took my side which is the honest and legal side.
Just a bunch of thieves it''s also the reason why I do so well in Forex but they are the 95% loosers..
You will never be successful in Forex if you steal,ripp people off and are dishonest again 95% of the people here are l
loosers.loosers.loosers..
They should try to be honest and good they might win a few trades

This is my last post Karl and the rest of fools here feel free to drag this on without me. By the way Karl i am now a member on your site again and I see something interesting new things but I have to be careful of what I say because I am American and the Americans on your pirate illegal site will be targeted.

Randy

Carry on loosers without me.

Randy,
I have followed this discussion and first point to mention:

1. You are 'grump' and now you pretend you are not. What is such a person to be called ?

2. Your knowledge about the 'developers of EAs and systems who will starve ' because their
products are shared for free in a forum which 0.0000000000001 % of the forex-traders know about
is more than wrong.

Take a minute to reflect your core-assumption about 'stealing from poor developers':
Have you read one single advertisement of their EAs ?
No ?
Then you should.

They all promise to make the buyer rich.
They all show profits like every trader dreams of.

Most of us have bought about 30 to 50 of such 'wealth-producing EAs' and none of us got rich.
Why ?
Because the advertised results never show up, neither in backtests nor in forward tests, nor on live-accounts.

What is the point ? Do you see the point ?
The point is that 99.99 % of those EAs are copies of free available EAs or have been stolen
from copyright-protected EAs.
But still they only produce losses for the buyers.

There are a few profitable EAs though which are commercial ones.
Their advertisements are not hyped, but serious.
And guess what ?
They are all on the blacklist in the forum you attack so much because your pride has been hurt by having been banned there.
They are not allowed to be shared.

So, in truth you are defending scammer-developers with your crusade only.
And in that forum you promised to share commercial products and you did it.
It makes you a 'thief' according to your own judgement and you should 'answer to the authorities'
because you were proud that you shared more than other members of that forum in
a short time-span.

Can you spell the word 'hypocrite' ?

And your whole mission is to destroy the forum and have the authorities fine the members ?

Again, because I think you don´t get the main point:
A developer who has an EA which makes 100% monthly or more ( they all advertise like this ),
would be rich if he just attached his EA on his own live-account in a short time.
He would earn millions and millions of Dollars each month from trading his own EA.

Why in heavens sake would this developer offer his EA for $97 and paying affiliates commissions
from the $97 ????
Why ?

Are you able to get the point, Randy ?

The point is: That forum is doing no harm to developers of 'wealth-producing EAs'.
It is preventing newbies to waste money on all the scams which come out almost daily.
It is helping people .

You are defending scammers only.

So the whole thing is: It is your personal crusade because your Ego has been hurt.
Nothing else.

This whole fight is tedious to real traders. Randy, it is apparent to any reasonable person that you were a willing and active participant at those forums so I suggest you Let it go...

Regarding your method, I am interested, but am adverse to money managers. Years ago I invested in a number of established money managers, who had good verifiable track records. After 1 year, all but one had lost money after fees.........

In my own professional trading with futures, stocks and options I strategically 'hedge' most of my positions once they are well in profit then lift the hedge once the counter-trend move ends. The ability to effectively hedge is an art form that has taken me year to perfect and has been one of the keys to my success. I also limit losses to .5% and usually only .2% ! So obviously this precludes me from anything to do with Martingale.

However, I am considering allocating a small amount of risk capital to Forex and thus entertain an interest in your methodology. Since I am more 'Risk Adverse', I would consider adjusting the martingale from a geometric progression (i.e. double contracts after each loss) to an arithmatic progression (add one unit after each loss) thus making it much less risky . . . something to consider. I like the idea of turning off the EA at a certain limit and trading out of the trade as long as you are able to trade out of it. However, in a major news environment which could cause this 'circuit breaker', what's to prevent the market from continuing in the same direction precluding any possibility of trading out?

I would have more interest if your method was available for sale. Perhaps there would be some way to protect it although I am not a programmer...

Well I am sorry folks but I cannot let this post go by. It shows how very dumb yet dangerous this Forum and some of the members are. This illegal forum has around 30% of it content into EAs. Now I will not disagree in what the poster has said about the EAs. Only that it's pretty stupid to play with things that you know do not work.
It is still breaking the law.

However what this person, Karl, the owner of this illegal private site is not saying is over 30% of it content is manual commercial systems and indicators which have been decompiled and are there for free. It's quite sad that even this member does not know how much damage he and this site is doing or if he does he and Karl and others are only using the EAs as proof that no harm has been done. What about systems like Max Tiger, what about systems like Aime System trading course or all the Forex mentors courses these are all FREE and given away on this illegal site.

Why do you think that every honest Forex forum does not allow any copy written material in their posts. It's not because they are upholders of justice so much. It's because it is illegal and the Forum could be shut down in a instant for sharing such material.
And why are there laws in the first place is it not to protect the owners of these trading systems.

So I end here I promise enough said I only needed to make sure the public understood it's a lot more than just sharing illegal copies of EAs. It's about sharing every trading systems known to man for free. All they do is wait for the next system that comes out. New ones every day sometimes. They get the system decompile it and make it free. So as long as this Forum exists no developer will ever make it selling his system. They sure will not make it now since half the world of traders knows about this illegal Forum.
https://indo-investasi.com/

So bookmark that site and go and get your free systems or EA.
The day will come soon when the developers have had enough. Some of this is happening as we speak.
https://indo-investasi.com/

Oh about this blacklist this has noting to do with a system that works or does not work. It has to do with the developer telling these pirates if you share my product I will come after you guys with my lawyers and take you to the ground.
So you see it does work. However since most developers never knew about this site what could they do. My mission has always been to bring these people and site out in the open for all to see. I am happy to say that I have nearly completed this.

Lastly I said this before there are some people on that site that are good people. They are traders sharing ideas about trading.
I do hope that none of these good guys get caught in this illegal web of deception. Because every American member will have to answer.

I will end with this if anyone finds fault with Randy as the 'whistle blower' then your simply supporting and approving illegal pirate copies of other peoples work. I am only the messenger and have noting to gain except some justice.

I also want to thank the many developers that have contacted me off post by email. I also want to thanks the many sites that tests EAs etc for contacting the owners of the commercial Eas or system they are testing.
Randy

Thank you please just ignore the other posts they have nothing to do with this.
 PM me with your email and we can talk further about this. You are correct hedging is indeed a art forum.
Now nothing is 100% for sure in Forex trading, anything can happen in Forex trading and as you say even the best recovery system may not work.
However the only time the situation gets to a place where noting works is when the market dropped a rock a few hundred pips in less than a min or 2. Noting can prevent a big loss when that happens but you will not blow your account if you have global stop loss in place to close out your trades at a certain amount of equity. No one knows when the next terrorists will walk into a building or bus or plane with a bomb. I am afraid that this day will come to Americans soon enough and you we all will take a loss and the money loss on such a day will seem almost insignificant compared to the loss of human life.

This happened to me personally on 9-11. I woke up in the morning and the first thing I did was to check on some gold contracts and I saw that gold had spiked over $50. I was just about to say why did not my broker call me as they always have done and I turned on the TV and found my answer. Needless to say my loss seem so small compared to what was going on. So yes you can loose once in a while and it can be a big loss but something on this level has not happen for years and years.
Randy

JTTrader posted:
    This whole fight is tedious to real traders. Randy, it is apparent to any reasonable person that you were a willing and active participant at those forums so I suggest you Let it go...

Regarding your method, I am interested, but am adverse to money managers. Years ago I invested in a number of established money managers, who had good verifiable track records. After 1 year, all but one had lost money after fees.........

In my own professional trading with futures, stocks and options I strategically 'hedge' most of my positions once they are well in profit then lift the hedge once the counter-trend move ends. The ability to effectively hedge is an art form that has taken me year to perfect and has been one of the keys to my success. I also limit losses to .5% and usually only .2% ! So obviously this precludes me from anything to do with Martingale.

However, I am considering allocating a small amount of risk capital to Forex and thus entertain an interest in your methodology. Since I am more 'Risk Adverse', I would consider adjusting the martingale from a geometric progression (i.e. double contracts after each loss) to an arithmatic progression (add one unit after each loss) thus making it much less risky . . . something to consider. I like the idea of turning off the EA at a certain limit and trading out of the trade as long as you are able to trade out of it. However, in a major news environment which could cause this 'circuit breaker', what's to prevent the market from continuing in the same direction precluding any possibility of trading out?

I would have more interest if your method was available for sale. Perhaps there would be some way to protect it although I am not a programmer...

Hi JTT well this is the problem is it not. It's the whole reason I brought this pirate site up.
I have looked long and hard to find a way to protect my system and software from Forex pirate forum such a
https://indo-investasi.com/.

So far I have not succeeded. The highest protection you can have is using a web server. This is where your customer only gets the signals from the EA and not the actual EA. The one major drawback with this type of protection is it will never work well on fast moving EAs. If you have a Ea that trades a few times a day then it should work find. But if your using lots of hedging and it's a martingale forget it it will hurt you.

To be honest there are many schools of thought when it comes to the recovery process. Martingale EAs were designed to fail on the first trades and then uses the martingale function to bring in a much larger profit than the first trade.
One way of thinking is to do what your describing making the recover trades much smaller therefore limiting the risk.
The pro on this is you will keep a low dd as long as you can giving the market more time to retrace. Th con is because the recover trades are so small it is very difficult to recover a good size dd this way.

The other school of thought which I personally prefer is making the TP on your break-even trade much closer to your entry.
 the market would only need to retrace only around half the distance making it a much more probable target. The con with this is you have now put yourself in a much larger dd if the market continues to move against you.

Both of these systems can work if properly executed. Like everything else in Forex you have to find a system that matches your personality otherwise it will not work. No one that I know besides myself and 2 other trader have worked on such a recovery system. The knowledge in this field is extremely limited. However this is when breakthroughs happen.
The person(s) that come up with a successful recovery system will finally have the holy grail. Nothing would stop them from having winning trades and break-even when the dd gets too high. A recovery system that works by my planned will change the Forex trading world over night.
happy trading
randy

JTTrader posted:
 

I would have more interest if your method was available for sale. Perhaps there would be some way to protect it although I am not a programmer...