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View Poll Results: Do admins should have all the info (incl mql4) from sellers
to protect buyers from scams and to give some evaluation 35 51.47%
to protect sellers from scams and copywrite violation on the forum 3 4.41%
Yes but not mql4 codes 22 32.35%
Not at all 1 1.47%
I don't care 5 7.35%
others (please specify by posting) 2 2.94%
Voters: 68. You may not vote on this poll

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  #1 (permalink)  
Old 12-13-2005, 08:54 PM
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forexts forexts is offline
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Section moderated

"Commercial Trading systems and indicators" now is moderated.

If you want to publish in this account.


Please know that you 'first' have to send demo of your product or service to newdigital.

He will review that the product you are selling is usefull for community.

We can publish any advertise you have 'for free' ... but ONLY if it's a good product or service and we have tested it.

I hope you understand this.

Best regards.
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Old 07-16-2006, 09:08 AM
newdigital newdigital is offline
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Many people are selling EA just on backtesting results only. Without any description about trading system

And because of that i want to say something to all the members of this forum.

We have a lot of good EAs on this forum posted for free. Some of them are backtested very good. So no problem to find the good EA, to optimize it for the better settings (for free). Besides all EAs in elite section are based on EAs posted for free in public section. Need example - see attached files: I took some EA randomly from this section http://www.forex-tsd.com/expert-advisors-metatrader-4/ , optimzed the settings and you may see the results attached.

To decide about profitability of EA it is necessary to forward test.

Besides, some people are selling something telling us: "it is very profitable". People are buying and suddenly understood that it is not. But seller did not give any contact detailes to get him for satisfaction for example.

And nobody contacted with me before posting in this commercial section. Nobody even single time.
So this section because of that is just for collecting a spam in one place.

And because of that I may delete any commercial thread in any time.
Attached Images
File Type: gif qq_eurusd_m5_1lot.gif (5.8 KB, 790 views)
File Type: gif qq_gbpusd_m5_1lot.gif (5.9 KB, 728 views)
Attached Files
File Type: zip eurusd_m5_1lot.htm.zip (14.7 KB, 160 views)
File Type: zip gbpusd_m5_1lot.htm.zip (33.0 KB, 84 views)

Last edited by newdigital : 07-16-2006 at 12:22 PM.
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Old 07-17-2006, 11:51 AM
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T Squared Trading T Squared Trading is offline
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Hi ForexTS,

Just wanted to drop you a line and introduce myself. I've been posting here for about 2 months, giving complimentary market commentary, along with reporting the general bias of our strategies.

We have received positive feedback from the viewers of our thread on this site, and want to stay in compliance with the rules and regulations you have set forth. Our results are being independently verified by a 3rd party (FxStreet), and we post results using real money on our website. We feel we give the public the facts when our strategies are doing well, and of course when our strategies are on the losing end.

Hopefully this will suffice, and allow us to continue to provide our services to this forum.

Thank You,
T2
www.tsquaredtrading.com
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Old 08-15-2006, 03:48 AM
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ghcardenas ghcardenas is offline
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Congratulations..!!! Avoiding scams in a serious Forum. Good Job..!
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Old 08-18-2006, 12:58 PM
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T Squared Trading T Squared Trading is offline
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I agree....good job on moderating, New Digital. You do a fine job with keeping everyone "in line."

Just curious, what is your background in currency trading? Are you a system developer yourself?

Take care, and the job your doing is much appreciated.

T2
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Old 08-18-2006, 02:32 PM
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De Vinci De Vinci is offline
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Really, very nice decision....



Thanks for this clever decision and for your fine work on this forum

DV
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Old 08-18-2006, 03:55 PM
newdigital newdigital is offline
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Quote:
Originally Posted by De Vinci


Thanks for this clever decision and for your fine work on this forum

DV
You are joking ...
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Old 08-18-2006, 06:52 PM
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De Vinci De Vinci is offline
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Quote:
Originally Posted by newdigital
You are joking ...
Hi ND

No, not joking at all....I was serious....

Best regards

DV
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Old 09-30-2006, 05:59 AM
newdigital newdigital is offline
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I want to ask the members:

Please participate in the pool in the beginning of this thread.

Of course no one final decision will be taken according to this pool results only. But anyway I will know better what the members want and then we all may decide.
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Old 09-30-2006, 07:47 PM
alexq alexq is offline
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Quote:
Originally Posted by newdigital
I want to ask the members:

Please participate in the pool in the beginning of this thread.

Of course no one final decision will be taken according to this pool results only. But anyway I will know better what the members want and then we all may decide.
ND, from my point of view, there is no much sense in evaluating all EAs which are presented in the commercial section. By doing this, you are going to take a lot of work and a lot of responsibility and therefore could become deeply involved into a number of potential conflicts. Many people especially novice traders just don’t want to realize that IT IS ONLY THEIR RESPONSIBILITY TO ACHIEVE PROFITABLE RESULTS IN TRADING. Many people don’t want to realize that there are no warranties for successful trading. Many people tend to ignore the very simple truth that:

Quote:
TRADING FOREX IS RISKY. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE PERFORMANCE. TRADE AT YOUR OWN RISK.
This is especially important when we speak about EAs. Profitable backtests DO NOT necessarily guarantee profitable performance. For a number of EAs, profitable demos trading DO NOT necessarily guarantee profitable live trading with real money. For a number of EAs, real performance could be quite different when using different brokers. Short period of profitable EA trading IS NO GUARANTEE of future profitable performance. This is especially true for some EAs with multiple parameters which were overoptimized to fit historical data. Such EA could be very profitable but only for a very limited time.


This is not to say that there are no profitable EAs, this is just to indicate that there are NO ROBUST WARRANTIES.

Finally, there are a lot of dishonest people trying to make many on naive beliefs of novice traders. However, unfortunately, it is impossible to protect everybody from such scammers especially when a lot of novice traders actually want to be fooled by accepting some fantastic and unreliable claims and expectations.

From my point of view, the only way to decrease a number of fooled people, is to educate them by creating some kind of MUST READ sticky thread in the commercial section where some necessary information about buying EAs is given. This section should explain in more details what are EAs in general and what and what people should not expect from EAs may be including some info that I already mentioned. Next, this thread should include helpful recommendations to potential buyers and sellers about EA evaluation. It should also include the disclaimer that forum administration is by no way responsible for any claims provided by sellers, that trading forex is risky, and that a person should accept responsibility for his or her choices and trading results. In addition, it should be indicated that there is always a chance that some dishonest people would try to take buyer’s money for some junk or some EAs that are freely available at forex forums. While some useful recommendations could somehow protect potential victims, it is impossible to protect everybody under all available circumstances and people who are buying EAs must accept this simple truth. If they don’t, the only way for them to avoid such risk is to invest their money into some well-known systems available elsewhere.

Last by not least. The start of any new thread in the commercial section should be accompanied with the link to the above-mentioned MUST READ thread. Perhaps, this could be moderator’s job to give the last chance of some minimum education and protection to some people who managed to miss this MUST READ section.

Any threads from proven scammers should be either deleted or placed into some kind of special scammer section (like it is done on alpari forum) and scammers should be banned.

Sorry for such a long post.

Just my two cents.

Last edited by alexq : 09-30-2006 at 08:00 PM.
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