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[MT4 EA] o.Hannah / WARNING - BEFORE YOU BUY

  • #41
  • Apr 12, 2018 10:15am Apr 12, 2018 10:15am
Quoting kenshin
{quote} I'm not sure what you mean. Honest. I picked the top three instruments based on their return on the 100K account. Is there another way I should do it? I'm open to any ideas that result in giving it the best chance of success on a 10K account. I just checked the vps. It's made 20 cents so far. Oh well, it's a start.
since you asked:
i would likely disregard any "best performing pairs" from the demo EA result that was manually or by martingale tweaked.
that pretty clear from the volume of the top 2 best performer pair, and i not bother looking further for the time.
what left, the pick of the litter.
though without the top 2 pair's result the performance of the demo already dropped to half...
given that you look to scale to the same risk, with 0.1-1%/pair results, using 3 wont be that impressive.
but it is free, demo, and adventure, so, what can you lose?
there is always, always another trade!!
  • #42
  • Apr 12, 2018 11:12am Apr 12, 2018 11:12am
Quoting moodybot
In fairness I would also like to see any member on Forex factory that has a red label also be made to show a permanently live trade explorer. Newbie traders, and some not so new, can be taken in by the advice given from these 'experienced' traders, the reality of course may be completely different. Perhaps a thread could be opened where the red label trade explorers can be viewed in one place. My guess is it would be a barren thread or most likely would be taken down immediately.
Quoting moodybot
{quote} I'm not going to argue with you, and I can see why you are frustrated with Mark and or his product. My beef for a long time has been to do with the shots being called by 'experts' with next to nothing of a track record who can make or break a thread who can call out a commercial or non-commercial thread but have very little to show for there own trading abilities. Some absolutely cracking threads have been destroyed over the years for little or no reason. You mention that Commercial members need to be held accountable, I can't argue with...
You're welcome to visit my thread.

Red label member with a live TE.

Nothing hidden, all open to see for everyone, and 100% non commercial.

So I think that kicks your statements to the curb...
Truth is like poetry. And most people f*cking hate poetry.
  • #43
  • Apr 12, 2018 2:57pm Apr 12, 2018 2:57pm
This is 100% scam. He told me the problem with my broker FXPIG was the suffix and he wasn't planiing on assisting anytime soon. That I should have told him from the beginning that my broker uses suffix. Ummmm quite a few brokers use suffixes you know. Well guess what?..... it traded with no errors in journal or experts BUT did lose money. Scolded me for wasting his time. Yes me, the client. It's always someone else's fault never his.
Notice how he wants to charge monthly subscriptions now for webinars on it. Just a money grab for him. There will be new versions until 2050 with corrections to this and that just to prolong the scam.
It's truly all bullsh$t.
  • #44
  • Apr 12, 2018 3:41pm Apr 12, 2018 3:41pm
Quoting mrdfx
{quote} {quote} You're welcome to visit my thread. Red label member with a live TE. Nothing hidden, all open to see for everyone, and 100% non commercial. So I think that kicks your statements to the curb...
Thank you for that, I might drop in although I am quite happy with my own trading/methods.
Unfortunately one reply doesn't kick my statement to the curb.
I'm thinking about running a thread for any trader guru who wants to add their TE. I can section it off, demo and live.
That way if a newbie or not so newbie wants to follow their favourite charlat.. ,,guru, then at a glance they can see that someone, like you, is the real deal.
Thanks for the reply, and i will drop by.

M.
  • #45
  • Apr 12, 2018 6:48pm Apr 12, 2018 6:48pm
Quoting profitfarmer
{quote} since you asked: i would likely disregard any "best performing pairs" from the demo EA result that was manually or by martingale tweaked. that pretty clear from the volume of the top 2 best performer pair, and i not bother looking further for the time. what left, the pick of the litter. though without the top 2 pair's result the performance of the demo already dropped to half... given that you look to scale to the same risk, with 0.1-1%/pair results, using 3 wont be that impressive. but it is free, demo, and adventure, so, what can you lose?...
Okay I closed the current charts, as there were no trades open anyway. Not sure why but it hasn't really even traded, unless you can count 2 trades and 40 cents profit as trading. At this rate, I may be able to afford the webinar sometime in 2030, assuming I can get a pensioner discount.

Anyway FWIW it's now loaded on EURCAD, AUDNZD, and GBPCAD.

Quoting profitfarmer
{quote}but it is free, demo, and adventure, so, what can you lose?
lulz

Proverb - nothing ventured, nothing gained
Synonyms - no pain, no gain
Translations - if one takes no risks, one will not gain any benefits

Irony - reserve irony for situations where there's a gap between reality and expectations
  • #46
  • Apr 12, 2018 7:22pm Apr 12, 2018 7:22pm
Quoting mrgarciafx
This is 100% scam. He told me the problem with my broker FXPIG was the suffix and he wasn't planiing on assisting anytime soon. That I should have told him from the beginning that my broker uses suffix. Ummmm quite a few brokers use suffixes you know. Well guess what?..... it traded with no errors in journal or experts BUT did lose money. Scolded me for wasting his time. Yes me, the client. It's always someone else's fault never his. Notice how he wants to charge monthly subscriptions now for webinars on it. Just a money grab for him. There will...
Thankyou for helping to expose him. I just hope that your loss was not too great to bear.

Prefix and suffix has never caused any performance problems with any ea. The only difference is exactly what you see in MarketWatch, that the name of the instrument is different.

Prefix and suffix are both easy to work with, so claiming that it causes ea performance problems is another excuse. I am using my ea with Axitrader (and others) which started using a '.pro' suffix last year. No problem at all. I didn't need to do any programming to cater for it. Hell I didn't even need to reload the ea. Read on MQL4 programming forums about it. Everyone asks about suffix or prefix, but nobody had any ea performance problems caused by it.

The only issue prefix/suffix can cause is if the instrument name is hard-coded in the ea. Then, when the ea wants to open a trade in 'EURUSD', it can't because the instrument is actually called 'EURUSD.suffix'. So, basically the ea stops trading. Instead, the way all ea's open trades is to use the 'Symbol()' command which gives the ea the name of the instrument for the chart that the ea is loaded on. Then it doesn't matter whether there is a prefix, suffix, neither, or even if the broker changes the instrument name completely while the ea is running.

Just yet another excuse by oHannah. Once again, blaming any and all performance problems on anything other than himself and his 'ea'. Even after everyone is made completely aware, and his scam completely exposed he will never admit fault.

I implore more oHannah clients to wake up, stop wasting your money, and start asking the relevant questions about live performance. Then you can join us here when you find that Mark refuses to address them, and starts ignoring you. You made a bad choice when you bought it. So did I. Take the loss now while it's small, and move on. Don't throw good money after bad on different versions, or webinars or whatever else he tries to sell. It has not and never will change anything. Don't believe any of his excuses. Don't make the effort in this thread go to waste, and most importantly:

DON'T USE OHANNAH ON A LIVE ACCOUNT


  • #47
  • Apr 12, 2018 8:26pm Apr 12, 2018 8:26pm
There are two sides here.
Regarding o'Hannah Webinar.
I have just been taken through broker choice, broker techniques and MT4 + Broker compatibility.
At no time have I ever seen that level of information written down here on this forum or indeed within any webinar.
I have just been taken through the Ouroboros System, auto and manual.
2hrs of the best trading info I have ever seen.

Mark Freeman, hold your head high sir.
It's laughable that they are still going on about the demo platform, they think it's direct from an auto EA..., each and everyone of those on here have not got the foggiest Idea of why those trades are on there and why.

I said there are two sides here, I took a punt a few months back, fortunately I took the right side.
Thanks Mark.

M.
  • #48
  • Apr 12, 2018 10:16pm Apr 12, 2018 10:16pm
Quoting kenshin
{quote} Okay I closed the current charts, as there were no trades open anyway. Not sure why but it hasn't really even traded, unless you can count 2 trades and 40 cents profit as trading. At this rate, I may be able to afford the webinar sometime in 2030, assuming I can get a pensioner discount. Anyway FWIW it's now loaded on EURCAD, AUDNZD, and GBPCAD. {quote} lulz Proverb - nothing ventured, nothing gained Synonyms - no pain, no gain Translations - if one takes no risks, one will not gain any benefits Irony - reserve irony for situations...
FWIW change the pairs, pick a currency ring otherwise you are not using the system as intended.
  • #49
  • Edited 10:41pm Apr 12, 2018 10:30pm | Edited 10:41pm
Quoting moodybot
{quote} FWIW change the pairs, pick a currency ring otherwise you are not using the system as intended.
I wasn't aware that if I used less pairs to suit a smaller account that I was required to use particular ones. This info was never explained or made obvious.

No problem anyway. Post the pair list that you feel will best suit 10K and I will put them on immediately.
  • #50
  • Apr 12, 2018 11:50pm Apr 12, 2018 11:50pm
Quoting kenshin
{quote} I wasn't aware that if I used less pairs to suit a smaller account that I was required to use particular ones. This info was never explained or made obvious. No problem anyway. Post the pair list that you feel will best suit 10K and I will put them on immediately.
Analysis of your broker would determine that, quite an eye opener. Perhaps try EU GU EG but again depends on individual broker.
  • #51
  • Apr 13, 2018 12:16am Apr 13, 2018 12:16am
So, I closed all existing charts, and the one trade it had opened for a $1 loss.

After that I've loaded the ea onto EURUSD, GBPUSD, and EURGBP onto new charts.

Broker is Global Prime:

https://www.globalprime.com.au/

Not sure what analysis you are referring to. Any ea can easily be programmed to access all needed account details including spread, swap, commission, bid, ask, historical price, leverage, balance, equity, margin, etc. for any symbol, trade, and timeframe. It should be equally easy for it to be able to use that information as the basis for all of it's trading decisions. That is what completely automatic is all about.

Here is what has been advertised by oHannah for as long as I can remember:

Attached Image (click to enlarge)
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Please understand that I'm not disrespecting you here and there is no intention of malice. I'm just posting exactly what I know is true and what I can see with my own eyes, as tired as they may be.

I want this demo test to have the best chance to succeed, and I will gladly eat more humble pies if it does.

Anyway, lets see how we go now.
  • #52
  • Apr 13, 2018 12:33am Apr 13, 2018 12:33am
Quoting kenshin
So, I closed all existing charts, and the one trade it had opened for a $1 loss. After that I've loaded the ea onto EURUSD, GBPUSD, and EURGBP onto new charts. Broker is Global Prime: https://www.globalprime.com.au/ Not sure what analysis you are referring to. Any ea can easily be programmed to access all needed account details including spread, swap, commission, bid, ask, historical price, leverage, balanc
equity, margin, etc. for any symbol, trade, and timefram

e. It should be equally easy for it to be able to use that

information...
No malice taken. All that you mentioned I agree, with, I use in my EA’s. There were specifics mentioned with the broker on oHannahs Webinar that I hadn’t even considered, let alone the other info, the man has taken a hammering on here, and trust me, he seriously knows his stuff.
  • #53
  • Apr 13, 2018 1:41am Apr 13, 2018 1:41am
Quoting moodybot
There are two sides here. Regarding o'Hannah Webinar. I have just been taken through broker choice, broker techniques and MT4 + Broker compatibility. At no time have I ever seen that level of information written down here on this forum or indeed within any webinar. I have just been taken through the Ouroboros System, auto and manual. 2hrs of the best trading info I have ever seen. Mark Freeman, hold your head high sir. It's laughable that they are still going on about the demo platform, they think it's direct from an auto EA..., each and everyone...
What a crock of #hit...this guy writes an ea that no one can use. Then wants more money to see a webinar. You : moody always posting positive results and abusassad...suckholed me into buying this piece of garbage...now I cant make it profitable he wants me to pay more to hear some crap about brokers...it ran like crap on every broker I tried....

I asked this question on the webinar forum

"I am curious when I look in the closed trades list of your demo attached here.

Trades are 0.01 lots and other sizes 0.02 etc, then a couple of large orders of 20 lots.

Could you explain how the ea calculates the large jump in size. Thanks. "

His reply : " As was stated yesterday, I was testing adjustments, the 20 lots were manual trades meant to force the program into its safety mode. The program reacted as intended and forced the trades closed. Below is a screenshot showing the trades were not generated by o.Hannah, but still managed by o.Hannah. The purpose of this, as I have been requested, is to generate code that protects the user from himself if he attempts to over-leverage the account."

What about the postive trades...nice trades...but huge lots and not realistic for the ea ....jeez its just all bullshit.

Chalk it up to experience I guess....and I have to say a farewell....fuck you.
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  • #54
  • Apr 13, 2018 1:47am Apr 13, 2018 1:47am
Quoting Forexmeoff
{quote} What a crock of #hit...this guy writes an ea that no one can use. Then wants more money to see a webinar. You : moody always posting positive results and abusassad...suckholed me into buying this piece of garbage...now I cant make it profitable he wants me to pay more to hear some crap about brokers...it ran like crap on every broker I tried.... I asked this question on the webinar forum "I am curious when I look in the closed trades list of your demo attached here. Trades are 0.01 lots and other sizes 0.02 etc, then a couple of large orders...

As expected, walked in and see this.
Did you watch the Webinar?
Did you gain anything from it? Do you know everything shown on the Webinar?
If you didn't see it, tough. If you know it all, then you have no need of someones else's product.
AS for crap about brokers, that tells me everything I need to know regarding your post.
  • #55
  • Apr 13, 2018 2:37am Apr 13, 2018 2:37am
Quoting kenshin
So, I closed all existing charts, and the one trade it had opened for a $1 loss. After that I've loaded the ea onto EURUSD, GBPUSD, and EURGBP onto new charts. Broker is Global Prime: https://www.globalprime.com.au/ Not sure what analysis you are referring to. Any ea can easily be programmed to access all needed account details including spread, swap, commission, bid, ask, historical price, leverage, balance, equity, margin, etc. for any symbol, trade, and timeframe. It should be equally easy for it to be able to use that information...

I have loaded up Global Prime, it looks fine, IG on the other hand, which I have used, no.
  • #56
  • Apr 13, 2018 3:35am Apr 13, 2018 3:35am
Quoting moodybot
{quote} I have loaded up Global Prime, it looks fine, IG on the other hand, which I have used, no.
I've never tried IG before. What problem does it cause with oHannah?

I have my ea loaded on various different brokers, none of the scammy ones of course. The only constant difference I see is some spread/swap rate variations, but it doesn't affect the ea performance by any huge amount. i.e. they all pretty much make the same rate of profit using the exact same ea configuration.
  • #57
  • Apr 13, 2018 4:17am Apr 13, 2018 4:17am
Quoting kenshin
{quote} I've never tried IG before. What problem does it cause with oHannah? I have my ea loaded on various different brokers, none of the scammy ones of course. The only constant difference I see is some spread/swap rate variations, but it doesn't affect the ea performance by any huge amount. i.e. they all pretty much make the same rate of profit using the exact same ea configuration.

Believe me, I thought the same.
It doesn't cause the EA any problem, it will however show a much poorer performance.
For swing trading, the difference is marginal, anything to do with scalping or short term trades, it's huge.
And i would like to emphasize any EA, not just Marks, would be affected, including my own meager offerings.
It really gets back to broker basics, something most of us would probably ignore.
I think this version, Ouroboros, is what Mark wanted from all along, the issue came when so many brokers became involved and the difference in each became apparent.
I would seriously forget the demo that everyone continues to rant about, it is a test bed, it has not been set up to deceive, but solely to test the EA.
I have it setup on a demo Tickmill account, $2000, 1:500 5 pairs, 2 currency rings each ring using a common pair to both.
It takes a trade, it hedges across the ring, nothing bigger than 0.01 so far, I can manually add, it will scale out.
With 1:500 I can run a lot more pairs, but I want to keep a close watch on this, so far its performing spot on.
As this is on my EA testing broker, I will from Monday run it on Global Prime same pairs, same size account, I will however also be scalping manually with the EA. Mark has asked us to hammer the nads out of it, any screw ups and I want to see the hedging across the ring.
And just to clear this up, Mark setup a $100,000 account 1:50 so that he can run all pairs, we can do that with $10,000 , USA are restricted.
The EA by the way is full FIFO compliant with a mega tight tolerance to draw down.
I would still give him the benefit of the doubt, but i'll leave that up to you.

M.
  • #58
  • Apr 13, 2018 4:51am Apr 13, 2018 4:51am
Quoting moodybot
{quote} Believe me, I thought the same. It doesn't cause the EA any problem, it will however show a much poorer performance. For swing trading, the difference is marginal, anything to do with scalping or short term trades, it's huge. And i would like to emphasize any EA, not just Marks, would be affected, including my own meager offerings. It really gets back to broker basics, something most of us would probably ignore. I think this version, Ouroboros, is what Mark wanted from all along, the issue came when so many brokers became involved and the...
You have now presented a whole new set of different reasons why the ea could possibly fail. Broker specific, instrument specific, now currency rings, where does it end?

Imagine you buy a car that falls apart when you sneeze near it. Do you want to drive it? Of course not! I wouldn't blame you either. Do you think it's a good car? Of course not! I agree with you too. Nobody wants a piece of shit that breaks the moment you look at it. Don't worry, I had plenty of old bombs like that when I was younger

The ea needs to be 100% automated as advertised and robust enough to trade pretty much any situation. Basically, from the way you explain, it is almost as delicate as Mark. All additional requirements for the ea to function correctly also need to be clearly detailed in a manual supplied with the ea, so there can be absolutely no confusion when the buyer is installing it on their platform. These additional requirements should be few in number and very simple to implement. When sold to public, shit just needs to work with no hassle.

I can put my ea on almost any big name broker with no changes or different settings and it will have almost identical performance across them all.

Why is Mark not working on removing all these fragile dependencies instead of organizing more sales pitches?
  • #59
  • Apr 13, 2018 4:53am Apr 13, 2018 4:53am
https://www.oanda.com/forex-trading/...cy-correlation

I read so often this hedging on other pair to keep the ea fifo compliant as being a master science but in reality is nothing else then a gamble as those pair correlations are pure temporary and always with a % diff that small entry can't cover, no need to go deeper in the pair movement habits. Closing trades and go in the opposite direction could be seen as a hedge too and fifo compliant also, a better fifo compliant as when you take a correlated pair that you also trade as you must be very careful with the implementation of this solution, ... a check if the new trade will keep the fifo validity is by far not sufficient as hazard is real like those lottery winners, ... then going with semaphores could be the way to go, but still, cars go on red too.

All this trouble could be avoided with an EA that has good entries.
  • #60
  • Apr 13, 2018 4:58am Apr 13, 2018 4:58am
Quoting kenshin
{quote} You have now presented a whole new set of different reasons why the ea could possibly fail. Broker specific, instrument specific, now currency rings, where does it end? Imagine you buy a car that falls apart when you sneeze near it. Do you want to drive it? Of course not! I wouldn't blame you either. Do you think it's a good car? Of course not! I agree with you too. Nobody wants a piece of shit that breaks the moment you look at it. Don't worry, I had plenty of old bombs like at when I was younger The ea needs to be 100% automated...

No probs. I leave it to you and the minions.
Good luck in your future trading.
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