Strange M1 Charts | Forex Factory

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Strange M1 Charts

  • #1
  • First Post: Jul 24, 2017 11:24pm Jul 24, 2017 11:24pm
Hi,
I have never come across this type of chart before.
I would appreciate some of you more experienced traders to check it out and maybe give me some feedback. Very much appreciated

In particular,
1 - The Candle formations
2 - The spread - uniform 1 pip?
3 - The lot sizes and the profits shown
4 - The open and close times of the trades - EXTREMELY SHORT TIMES?
5 - The journal page says "investor mode - trades not allowed.
6 - The withdrawal amount shown as -54,000 - can this be manipulated on a demo account, to make it appear as a live account?

Any feedback or comments would be appreciated.
Screenshot attached.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 292 KB
  • #2
  • Jul 25, 2017 8:02am Jul 25, 2017 8:02am
this is point & fig chart with sl 6 point ant tgt 25 points .
i think he is trading ea as manually its difficult to trade such small points
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #3
  • Aug 4, 2017 2:04am Aug 4, 2017 2:04am
This is another thing I found with this MT4.
What are those "agent payments". Never seen them before.
It is the trade history from a supposed live account.
Upload Scr
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 159 KB
eenshotUpload Screenshot
  • #4
  • Aug 4, 2017 2:29pm Aug 4, 2017 2:29pm
Quoting arielcorp
This is another thing I found with this MT4. What are those "agent payments". Never seen them before. It is the trade history from a supposed live account. Upload Scr{image}eenshotUpload Screenshot
who's account is this for ?
  • #5
  • Aug 4, 2017 4:57pm Aug 4, 2017 4:57pm
This is a supposed live account you have access to, for advertising a robot.
It is "investor mode" trades not allowed. But I was able to get total history of trades.
I have been watching this account for a month now and seems to be making some phenomenal profits.
Started at $5000 back in 2014 and appears to be making on average $100K per month!
The trades appear in real time, so I don't know how it could be faked, given that it shows withdrawals.
  • #6
  • Aug 4, 2017 5:17pm Aug 4, 2017 5:17pm
Quoting arielcorp
This is a supposed live account you have access to, for advertising a robot. It is "investor mode" trades not allowed. But I was able to get total history of trades. I have been watching this account for a month now and seems to be making some phenomenal profits. Started at $5000 back in 2014 and appears to be making on average $100K per month! The trades appear in real time, so I don't know how it could be faked, given that it shows withdrawals.
could you share the website or a link related to this account, i want to take a look at it as well. Thanks.
  • #7
  • Aug 4, 2017 5:19pm Aug 4, 2017 5:19pm
Just google MT5 robot,
mt5fxrobot.com
  • #8
  • Edited 5:51pm Aug 4, 2017 5:40pm | Edited 5:51pm
Hello FPA Members,

Recently, an Expert Advisor has been offered to the forex community that has never before been monitored on FPA.
The illicit vendor has been proven to have falsified performance records by advertising demo account results at various brokers as real money account results on their website(s), email campaigns, and on MyFxBook using unverified accounts and trading privileges referenced therein.

They operate under the www.forexdouble.me and MT5 FX ROBOT | EA THAT CAN ALWAYS WIN!!! | A Forex EA That Can Always Win! domains, and may have other presence as yet unconfirmed.
They have been disabled via our efforts at FxPro, ACFX, & XTB (to these brokers' credit); and are under investigation at FXDD Malta as I write.
.
THIS IS A CLARION CALL TO ALL THOSE WHO MAY HAVE BEEN VICTIMIZED BY FOREX DOUBLE, ETC. TO CONTACT FPA FOR ASSISTANCE IN OBTAINING A REFUND.
Respond here or contact BigT1, Master Sergeant for further instructions.

#1BigT1, Mar 29, 2015
Last edited: Mar 30, 2015

there is a mention in march 2017 also beware
people leave, but this thread will go on for ever
  • #9
  • Aug 4, 2017 5:55pm Aug 4, 2017 5:55pm
If you look at the brokers they are using, thats the first red signal. Superforex , IronFx, FXGaints,...are all scam brokers

A small google search and you find many links of their scam.
  • #10
  • Aug 4, 2017 6:17pm Aug 4, 2017 6:17pm
Thanks guys for your input.

Reviews in the past from here and Forex peace army were nothing short of scathing.
I checked out reviews re the brokers etc and was pretty sure it was some sort of scam, but I couldn't work out how they could fake live accounts.

Or fake myfxbook, which I thought verified all these types of things.
  • #11
  • Aug 4, 2017 6:20pm Aug 4, 2017 6:20pm
I might add here also, that the site uses Forex Factory as a statement.
Maybe admin could have something to say about that!!!
  • #12
  • Aug 4, 2017 6:21pm Aug 4, 2017 6:21pm
but how were you able to get those charts they are using ? Never seen anything like this and i definitely want to see more of it.
  • #13
  • Aug 4, 2017 6:28pm Aug 4, 2017 6:28pm
I see this before...............It was an arbitrage ea.........sold for thousand of dollars.......forget about it........no regulated broker will let you do it
atheer1
  • #14
  • Aug 4, 2017 6:35pm Aug 4, 2017 6:35pm
Quoting metta87
but how were you able to get those charts they are using ? Never seen anything like this and i definitely want to see more of it.
Metta,
Open up your MT4 platform.
Go to File - Log into trade account.
Then copy/paste Login,Password,server - the account will then be added to your MT4 platform.
You can view in "Investor mode" so cannot place trades, but you can get full trade history as I've shown in screenshot previous posts.
Cheers
  • #15
  • Aug 4, 2017 6:36pm Aug 4, 2017 6:36pm
Quoting fasttrade1
this is point & fig chart with sl 6 point ant tgt 25 points . i think he is trading ea as manually its difficult to trade such small points
I doubt this is point & fig chart since point n fig alternate between up and down move, but on those chartswe can spot many up or down move in a row.
  • #16
  • Aug 4, 2017 6:37pm Aug 4, 2017 6:37pm
Quoting arielcorp
{quote} Metta, Open up your MT4 platform. Go to File - Log into trade account. Then copy/paste Login,Password,server - the account will then be added to your MT4 platform. You can view in "Investor mode" so cannot place trades, but you can get full trade history as I've shown in screenshot previous posts. Cheers
thanks ariel, im gonna try it.
  • #17
  • Aug 4, 2017 6:54pm Aug 4, 2017 6:54pm
Those charts you see are mine.
On all time frames they appear as normal, but changed to how you see them when I changed them to 1min.
The charts remain the same whether I go to the GlobalClearingHouse account or the WestValley account or IronFX/FXGiants accounts etc.
Not sure if this is clear enough or not.
  • #18
  • Aug 5, 2017 12:51pm Aug 5, 2017 12:51pm
Quoting metta87
{quote} i doubt this is point & fig chart since point n fig alternate between up and down move, but on those chartswe can spot many up or down move in a row.
o sorry my friend typo error its point o chart
Attached Image (click to enlarge)
Click to Enlarge Name: POIINT.png Size: 11 KB
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #19
  • Last Post: Aug 6, 2017 4:01am Aug 6, 2017 4:01am
Quoting arielcorp
Those charts you see are mine. On all time frames they appear as normal, but changed to how you see them when I changed them to 1min. The charts remain the same whether I go to the GlobalClearingHouse account or the WestValley account or IronFX/FXGiants accounts etc. Not sure if this is clear enough or not.
Yes, they are quite ordinary M1 charts, though the 4-digit chart is rather rare nowadays. The 1- or 2-pip candles seem too much uniform to those who have never seen them.
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