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Just want to remind: the poll on the top of this thread.
56 people voted only.
to protect buyers from scams and to give some evaluation 29 51.79%
to protect sellers from scams and copywrite violation on the forum 3 5.36%
Yes but not mql4 codes 19 33.93%
Not at all 1 1.79%
I don't care 3 5.36%
others (please specify by posting) 1 1.79%
Last edited by newdigital; 10-23-2006 at 06:21 PM.
However the results come out, i just want you to know you do an excellent job moderating all of us! You are quick to help and always share new ideas! Kudos to you New Digital!!
In my oppinion there should be a group (2-3 persons here in the forum) which should get the EA´s and Indicators in fully version, means mq4 files and test them !
So all the newbies and members here are more secure from such scammer guy´s like Pedro Echenagucia & Co. here...
That´s very easy point, who not agree with this rule have nothing to sold here, very easy, very fair and very safe !
Hope this realy helps,
mr.trader
__________________ For a 5 digit yearly income you have to work hard, for a 6 digit you only need an idea...
Well Mr. trader, i leave all time for you attack me without reason. i tell without reason because you only said that i stole your (forums) strategies and sell it but you never show prooff, you said thar my system is terminator ea or dlm or another one that i dont remember now, scott ttm (ebay scam) said that saw me in elite section but never show prooff. Is funny, but in attach all members and guest you can view a conversation into Pedro Echenagucia and mr. trader via skype, judge for yourself. Mr. trader stop attack me without real reason. Be man no Kid. sorry Administrator and owner of this forum but i dont want more attack.
Pedro Echenagucia
ps.- please understand that my english is not good, and i dont want attack you i only defend myself.
And first of all I want to say that not so much people are interested in commercial subject (less than 100 people voted only).
The second. No one system/strategy/indicator/EA will be posted in commecial section without evaluation.
In some cases I could not evaluate something:
1. for reason that "no time", or
2. "nobody is sending me anything for evaluation",
3. "necessary to spend a lot of time to read something and test something",
4. "a lot of responsibility: seller said that it may double deposit in one month so how can i say yes? If I say that this system can double so I will be responsible for traders' money?"
and so on
and so on.
If I could not evaluate something for any reason so this something will not be posted. With no any discussion about why.
Let's do it in more simple way.
Last edited by newdigital; 11-10-2006 at 07:14 AM.
And first of all I want to say that not so much people are interested in commercial subject (less than 100 people voted only).
The second. No one system/strategy/indicator/EA will be posted in commecial section without evaluation.
In some cases I could not evaluate something:
1. for reason that "no time", or
2. "nobody is sending me anything for evaluation",
3. "necessary to spend a lot of time to read something and test something",
4. "a lot of responsibility: seller said that it may double deposit in one month so how can i say yes? If I say that this system can double so I will be responsible for traders' money?"
and so on
and so on.
If I could not evaluate something for any reason so this something will not be posted. With no any discussion about why.
Let's do it in more simple way.
I deleted two commercial proposals during this weekend.
i would like to proove that my ea works by giving away the first 200pips
hi new digital
i would like to post here my proposition wich is
a user sends me his user and pass of his account so he will be the only one able to put or withdraw money in it.
i will trade it for 1 week or so and give him for free his 200 pips in demo or live micro account
once done , i will discuss business with him
in order for you mr new digital to see that i am not a fraud or a scammer , i would gladly trade your live or demo account for a week or 10 days and present you with the result in your account , then and only then will you agree for me to publish in the commercial section
I saw many trying to sell their so called profitable EAs based on backtesting results, some even with only 50% modelling quality...I have to say the following...Pls read before you ever consider sell your EAs.
1. Run the EA for 3 months on a mini a/c and if you can get profit every month consistently, you may sell. Backtesting is very good to improve your EAs, optimized the settings, but NOT a proof that your EA will generate the same result in real trading. I have EAs, and made EAs that make 100+% gain every month with 90% modelling for 3 months, so what? doesn't mean you'll get the same result in real trading.
2. Do not post ex4 files 'coz they can be decompiled. If you want the professionals here to test your EA and help you improve your EA, post mq4 files. It's easy to give a few bucks and get any ex4 files decompiled. EuroX2, RobinhoodEa sold for 999 all can be decompiled with just a few bucks. We have the mq4 now. and NO magic codes, making loss rather than profits.
3. If you want to sell your EA that yields good results on real trading for 3 months, sell it at least a grand or more. 'coz it worths the money. Or better, sell the signals the EA generates. Do not post ex4 for the above reason. If you want others to try your EA, post mq4.
4. I believe what Aleccoh says about EAs here first 200 pips on me , the rest , we will share, they most fail, they only work if they can adapt to changing market movements and change their settings accordingly automatically. So the best EAs now are those semi-automated, we manually feed the EA with latest market info.
I saw many trying to sell their so called profitable EAs based on backtesting results, some even with only 50% modelling quality...I have to say the following...Pls read before you ever consider sell your EAs.
1. Run the EA for 3 months on a mini a/c and if you can get profit every month consistently, you may sell. Backtesting is very good to improve your EAs, optimized the settings, but NOT a proof that your EA will generate the same result in real trading. I have EAs, and made EAs that make 100+% gain every month with 90% modelling for 3 months, so what? doesn't mean you'll get the same result in real trading.
2. Do not post ex4 files 'coz they can be decompiled. If you want the professionals here to test your EA and help you improve your EA, post mq4 files. It's easy to give a few bucks and get any ex4 files decompiled. EuroX2, RobinhoodEa sold for 999 all can be decompiled with just a few bucks. We have the mq4 now. and NO magic codes, making loss rather than profits.
3. If you want to sell your EA that yields good results on real trading for 3 months, sell it at least a grand or more. 'coz it worths the money. Or better, sell the signals the EA generates. Do not post ex4 for the above reason. If you want others to try your EA, post mq4.
4. I believe what Aleccoh says about EAs here first 200 pips on me , the rest , we will share, they most fail, they only work if they can adapt to changing market movements and change their settings accordingly automatically. So the best EAs now are those semi-automated, we manually feed the EA with latest market info.
Just my 2 cents.
Hi boostrade,
Thanks for your opinion.
I agree with you.
many months ago we created the rules for this commercial section here Section moderated
And I created the poll.
Everybody was agree. But nobody followed.
You asked the seller not to sell EAs based on backtesting results?
They know that. They will say: "yes, thank you very much and we agree with you". And they will continue to sell.
If I delete their selling threads so tomorrow they will create 10 new threads everywhere. If I delete their same 10 threads so they will create 20 threads all over the forum. They will say "yes, thanks you for your co-operation" and will continue to sell. It was many times already.
If you ask the members: "don't buy EA based on backtesting results" so it will be exactly the same thing ("good job buddy", "please post your EA" and so on).
If the seller does not want to publish ex4 file (it is understandable) so he/she may give some trial ex4 to some of his/her friends for forward testing, or test by itself, or give some file to any seniour member in the forum.
But it is the better if the seller is doing forward test by himself. More safe let's say.
There are some good thread in this section.
No one admin/moderator of our forum is affiliated with any commercial in this section. So it is very easy to evaluate any commercial proposal in this case for the people who want to see this section more valuable and more respectable.
Last edited by newdigital; 04-13-2007 at 09:56 AM.