Lately several people tested a new EA Bogie-NN-v8 from William Boatright (wackena) that was showing nice forward test live results.
I then made some more research and I found this post
Dswk post.
By the way thanks a lot to Dswk for this finding !
Then I was quite schoked that a new commercial EA was based on an indicator that was exactly the same than a freely available indicator created long before. (I refer to the original Forex_Nn
here, even if the original one displayed 2 lines instead of 1, the second line is exactly the same as in Bogie)
And worse it was renamed and with a different copyright !
Then I investigated more and unfortunately without much surprise, I found that if you take the freely available EA Forex_Nn_Expert_v1.0 and put the same parameters than the ones recommended in Bogie then you get the same trades...
So there is one good news for everybody who planned to buy (or more exactly rent) this EA, you can have the same thing for free.
But there is also an extremly bad news for all MT4 programmers and system developers: once more we find a commercial system based on a freely available code, published without any respect of the copyright and work of other people.
I wanted that everybody knows in order to boycott the Bogie products to express their disagreement to such practices.