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Forex Robot World Cup?

  • #221
  • Mar 29, 2010 12:45pm Mar 29, 2010 12:45pm
Just a small update about hirider advanced.
I like it more and more each day. Just got new set of 10 winning trades today! :thumbup: will keep you posted!!
  • #222
  • Mar 29, 2010 2:37pm Mar 29, 2010 2:37pm
Quoting Marktradr
Just a small update about hirider advanced.
I like it more and more each day. Just got new set of 10 winning trades today! :thumbup: will keep you posted!!
Hi Marktradr,

I am curious as to what your motive is, here in FF in general. I've noticed you posting quite a bit about FRWC EAs. I see that you're designated as a commercial member but, your profile description has no details. You became a member on Feb 3, 2010 and every single one of your posts, and the one thread you started has been about the FRWC EAs.

You also write as if you're just a customer of FRWC, even referencing "a friend's" experience with them. Yet, you seem to provide information, and "reassuring comments" as if you work for them.

So, what's the deal. Do you work for FRWC? Because it sure seems like you do from your activity here. And, if you do work for them. Then why are you pretending to be just another customer?

  • #223
  • Mar 31, 2010 3:17pm Mar 31, 2010 3:17pm
Quoting erikte279
Would you buy used car without looking under the hood?

Would you buy an EA without 90% modeling quality and couple years of verified backtests?

Would someone with programming/ trading experience be so gleeful without proof?
I think there are enough proofs from FRWC to trust them.
I tried many robots of the competition with profit and without it, but now I'm using HiRider Advnced and it's really good robot.
  • #224
  • Apr 1, 2010 4:29pm Apr 1, 2010 4:29pm
Hmm.... Managed finally to scan all 15 pages of this stuff, and even got to register )))
So much fuss, dudes..
Did you expect an AI to make quadrupling profits every day? I didn't, and sincerely hope that you didn't, too.
But some kind of stable profit would be a just expectation for a robot. And to this day, apart from some annoying losses with the old hirider i'm quite content with the system, overall.
Fortunately, I managed to avoid some losses from the beginning - hey, didn't anyone know what a martingale is? Lots of info bout that in the net. Great stuff, but not for accounts smaller than 20k.. I wonder how much more customers funds were saved after FRWC released a new version of Fusion, with that Straasha disabled by default ))
In general, the robot seems to be quite a helpful piece of software. Sometimes inaccurate, maybe, but it does seem to be making profit. Didn't expect to see so much negative reports here... What can I say... Be patient, and use your head, please, that is quite a universal solution ))
  • #225
  • Apr 3, 2010 9:48am Apr 3, 2010 9:48am
Quoting Wasabi
Hmm.... Managed finally to scan all 15 pages of this stuff, and even got to register )))
So much fuss, dudes..
Did you expect an AI to make quadrupling profits every day? I didn't, and sincerely hope that you didn't, too.
But some kind of stable profit would be a just expectation for a robot. And to this day, apart from some annoying losses with the old hirider i'm quite content with the system, overall.
Fortunately, I managed to avoid some losses from the beginning - hey, didn't anyone know what a martingale is? Lots of info bout that in the net....
Hi folk.
Wasabi,totally agree with your observation.I think this stuff deserves attention.I test new HiRider and I pretty like it I had no loosing trades since it started trading (this Monday).I get some profit not so great,but there are no losses.I'll try to test this bot with different broker on 5k,10k,50k and 100k accounts and play with settings to see the results. And really hope that FRWC will release updated Fusion with Advanced bot and updated other 4 ones before 60 days money back will be expired.Will keep you informed.
Cheers
  • #226
  • Apr 5, 2010 2:23pm Apr 5, 2010 2:23pm
Quoting Wasabi
Hmm.... Managed finally to scan all 15 pages of this stuff, and even got to register )))
Lucas Scott, StanGO, & Wasabi:

I believe you are all working for the FRWC for the same reasons that I gave to Marktradr. You are all new, have one post, and passionately defending a sub-par, if not completely failed EA, as documented by countless live and demo reports, some of which can be found here on FF. Seems like an effort by the FRWC to get some counter comments on the forums.

My assumptions seem to be correct too, because both StanGo & Lucas Scott are flagged with having multiple user accounts. Hmmmmm... 1 post each and on the same thread... Yeah, the're the same person, or at least the same company.

Either way the FRWC has proven to be a shady group of individuals. Do some searching and you will see in no time, how many people have been requesting refunds only to receive automated responses and a lot of B.S. And the other fact, that the FRWC unilaterally changed the terms and conditions of the sale after sales were completed. That is 100% unethical, dishonest, and definitely not transparent.

The FRWC has proven to be a company that can not be trusted by the way they deal with their customers. And the robots are nothing special at best, and more accurately, they are failing EAs.

BTW, Martingale is great stuff??? If by great stuff you mean something that has been mathematically proven to fail over time, then sure, it's really great. Do some research. Yes some people like it but, that doesn't change the mathematical reality that shows it to a poor money management system.
  • #227
  • Apr 6, 2010 9:13am Apr 6, 2010 9:13am
Whoa, madmatz, are you going to brand anyone who posts an argument contrary to your opinion an employee of FRWC??
You know, I also think you subjective for example, so what?
Yep, I have only one post here, and what is wrong with that? I'm not the kind of person, who likes to argue and wave his sword everywhere, i prefer to observe for myself. And i still wonder if that was a mistake to register here, as it is often quite a senseless waste of time, trying to prove someone something, that he is very inclined not to believe.

The FRWC has not proven anything yet. Especially in the negative sense. If you calm down a little before making a purchase, and read the small writing at the bottom of the page, you could see clearly, all the purchase terms, and the refund policy as well. Things like that weren't invented by the FRWC, these are your capitalist rules of a wolfpack.. And actually, after rading through this thread - i see another picture - those, who have complied with the refund policy received their refunds.

Maybe, the FRWC robots are not special. You know, as the marketeer sells it, everyting is absolutely special, even every new type of another cheeseburger in mcdonalds is always so special. But it's all the same in the hands of a customer - only an everyday instrument. So are all the forex robots I've met so far. They win, they lose, they need constant optimization.
  • #228
  • Edited 9:52pm Apr 6, 2010 2:56pm | Edited 9:52pm
I purchased FRWC the morning it became available. The first week Fusion-V did pretty well but went downhill soon after. By the end of the 30 day trial (demo account with FXCM) the only part of Fusion that was in profit was HiRider. I used the default settings and later modified settings according to the FRWC emails. I guess it's possible that newer versions would improve on the performance as they suggested. The problem is when you spend that amount of money (USD $999), you expect better performance. I would be more willing to wait on improved performance if the price were USD $97, like some other popular EAs.

I requested a refund 2 weeks ago and had to follow their instructions exactly before receiving a notice that they would issue the full refund. I have still not received the cash in my bank account ... I will keep you posted.

FRWC requires a 30-day account statement in order to receive a refund. Careful!, FXCM dumps their demo accounts and trade history on the 31 day of trading and there is no way to retrieve the account statement from them. Make sure you print out an account statement over the last few days of the 30-day trial.
  • #229
  • Apr 7, 2010 4:03am Apr 7, 2010 4:03am
Quoting Wasabi
Whoa, madmatz, are you going to brand anyone who posts an argument contrary to your opinion an employee of FRWC??
You know, I also think you subjective for example, so what?
Yep, I have only one post here, and what is wrong with that? I'm not the kind of person, who likes to argue and wave his sword everywhere, i prefer to observe for myself. And i still wonder if that was a mistake to register here, as it is often quite a senseless waste of time, trying to prove someone something, that he is very inclined not to believe.

The FRWC has not proven...
Why don't you show the us your account statement for Fusion so far !!!!... seems like you are lucky few to make money so show us the proof and put all doubts to rest.........I personally don't think you have anything positive to show on Fusion trading.....
Trading is SIMPLE not EASY.
  • #230
  • Apr 7, 2010 10:37pm Apr 7, 2010 10:37pm
Here are my stats ... https://www.myfxbook.com/portfolio/frwc-fusion-v/17810 ... HiRider was really the only one that had potential, but I couldn't figure out which settings and lot sizes to use. These results were obtained using the default settings with adjustments per FRWC email recommendations. I'd consider trying out HiRider again when I see some improvement. At this point, I can't justify the high cost in exchange for these returns.

Follow-up: I received the full refund today
  • #231
  • Apr 8, 2010 10:03am Apr 8, 2010 10:03am
Quoting Marktradr
I am using the FRWC advanced settings and things looks good to me. I turned off volcano completely. http://www.DATINGADVICEGUIDE.INFO/smiley-frwc.jpg

Also just started using hirider advanced. it made 10 profitable trades yesterday. looks promising
This HiRider Advanced EA seems to be working best among the other forex robots...
  • #232
  • Apr 8, 2010 11:30pm Apr 8, 2010 11:30pm
Quoting Wasabi
Whoa, madmatz, are you going to brand anyone who posts an argument contrary to your opinion an employee of FRWC??
You know, I also think you subjective for example, so what?
I'm not branding anyone. I'm asking questions. The posts seem very suspicious. They're welcome to provide evidence to backup their comments, as I have done already. It's apparent that two of the user names that I called out were spammer types. Just look under their name where it says "Multiple Usernames".

Quoting Wasabi
Yep, I have only one post here, and what is wrong with that?
Nothing is wrong with one post. But there is something very odd about multiple one post user accounts that post similar sentiment with no real substance behind them.

Quoting Wasabi
I'm not the kind of person, who likes to argue and wave his sword everywhere, i prefer to observe for myself. And i still wonder if that was a mistake to register here, as it is often quite a senseless waste of time, trying to prove someone something, that he is very inclined not to believe.
I'm not arguing. I'm observing and asking questions. I've observed everything I need to see regarding FRWC EAs and more importantly FRWC's lack of ethics.

There are plenty of links on the net to live account statements backing up the negative sentiment. Where are the facts backing up the positive sentiment??? ... nuff said.

So, are you trying to prove something??? Facts... get some.


Quoting Wasabi
The FRWC has not proven anything yet. Especially in the negative sense. If you calm down a little before making a purchase, and read the small writing at the bottom of the page, you could see clearly, all the purchase terms, and the refund policy as well. Things like that weren't invented by the FRWC, these are your capitalist rules of a wolfpack.. And actually, after rading through this thread - i see another picture - those, who have complied with the refund policy received their refunds.
Well, Wasabi you are 100% wrong here.

1) The FRWC attempted to change the terms & conditions of the refund policy after sales had been made. That is wrong, and it is documented many times. I have a copy of the original sales page, and I have posted it in the forums ,as have others.

2) I'm extremely calm. However, I despise unethical business practice.

3) I read everything before I made the purchase. I was never worried about getting my money back. It's more the fact that FRWC attempted to to unilaterally change Terms & conditions. People who don't know any better get trapped. That is unethical, period.

4) FRWC removed their original live fusion account from the labs section it lost 43.4% and they provided ZERO explanation about the disappearing account. I have posted the account statement for that as well. It is unethical and misleading to hide negative results, while posting hyped results all over the place. It's called lying.

5) Yes, many have received a refund. Including myself. That's not the point. The point again is that FRWC failed to fulfill their part of a contractual agreement with many people when asked to do so. That is unacceptable.

Quoting Wasabi
Maybe, the FRWC robots are not special. You know, as the marketeer sells it, everyting is absolutely special, even every new type of another cheeseburger in mcdonalds is always so special. But it's all the same in the hands of a customer - only an everyday instrument. So are all the forex robots I've met so far. They win, they lose, they need constant optimization.
It doesn't have to be special. It has to be effective. There are vast differences between products and services... Especially in our capitalist economy Quality, customer service, etc. are all factors. All cheeseburgers are not created equally.

Yes every trading system wins and loses. I am well aware of that. My system works fine. This was just an experiment. I liked what the FRWC was trying to do. They turned out to lack scruples...
Attached Image (click to enlarge)
Click to Enlarge Name: FRWC Original Live Fusion Account from EA Lab.jpg Size: 316 KB
  • #233
  • Apr 9, 2010 2:02pm Apr 9, 2010 2:02pm
MadMatz - your points are well presented and make sense. FRWC made hyped up claims and fortunately were exposed in time for people to see and get their money back.
  • #234
  • Apr 10, 2010 6:48am Apr 10, 2010 6:48am
I thought the 2nd championship should start by April???

Come on, the first round is just a test... 2nd round will be more interesting..
I am eagerly waiting to submit my best performance EA!
  • #235
  • Apr 10, 2010 9:11am Apr 10, 2010 9:11am
Quote
I believe you are all working for the FRWC for the same reasons that I gave to Marktradr

Right, now the conspiracy theories start. No i am not working on frwc, however you are right, i try to support it because i don understand why people try to trash a good product.

Hirider itself is worth a million and you forget about other good eas from the package like zoop, neg and nutcracker.

Here is my hirider advanced update for the last weeK, new set of winning trades. that's all i need.

http://img72.imageshack.us/img72/210...eradvweek2.png
  • #236
  • Apr 10, 2010 1:21pm Apr 10, 2010 1:21pm
Quoting akukaya
I thought the 2nd championship should start by April???

Come on, the first round is just a test... 2nd round will be more interesting..
I am eagerly waiting to submit my best performance EA!

The submission deadline was March 31, the other dates haven't been confirmed.
  • #237
  • Apr 10, 2010 3:04pm Apr 10, 2010 3:04pm
I'm guessing a may/june start time assuming they follow the same timeframe as the previous competition.

I submitted a few of my older EAs. Best of luck to everyone who submitted. Let's make this a FF win.
  • #238
  • Apr 15, 2010 2:33am Apr 15, 2010 2:33am
Quoting Ronald Raygun
The submission deadline was March 31, the other dates haven't been confirmed..
I think they will extend that... As i understand from talking to support they still deal with FRWC1 customers and ea updates so they plan to extend and delay FRWC2 for a month or two. so hopefully i still have time to fine tune my ea.
  • #239
  • Apr 15, 2010 8:07am Apr 15, 2010 8:07am
They already started evaluating EAs http://www.forex-robot-world-cup.com/rules.php
  • #240
  • Apr 16, 2010 3:14am Apr 16, 2010 3:14am
Quoting Marktradr
Right, now the conspiracy theories start. No i am not working on frwc, however you are right, i try to support it because i don understand why people try to trash a good product.

Hirider itself is worth a million and you forget about other good eas from the package like zoop, neg and nutcracker.

Here is my hirider advanced update for the last weeK, new set of winning trades. that's all i need.

http://img72.imageshack.us/img72/210...eradvweek2.png
It's not a conspiracy theory, it was a direct question. And thanks for a direct answer, although I can't say the same for the other "three" profiles (Wasabi, StanGo, & Lucas Scott)...Oh, look! All of them are flagged for multiple user names....hmmm. Anyway, moving on.

I'll agree that HiRider can generate some good results, definitely not worth "a million" to me though, and I am not confident in it's survivability either. My biggest problem with FRWC is the way that they dealt with their customers. Unilaterally changing terms & conditions of sales contracts is unethical, bottom line. I thought FRWC was trying to do something different in the industry... turns out they're not. No real surprise, just a disappointment. I won't support a company that runs that type of business.
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