Bar EA- 2746% in October

Don't bother sending any money to this person....his name is Vinh Ho and he is 100% a scammer, his EA does not work and he sells this piece of garbage to unsuspecting idiots and doesn't honour refunds......
He even shamelessly asked for a share of my profits after i told him that i made a little bit of profit lol.... the guys broke and doesn't make money from trading at all... his EA is actually worthless and he sells it for $300....




*SCAMMER ALERT*
-WARNING TO ANYONE THINKING ABOUT BUYING VINH HO'S EAS FROM HIS YOUTUBE CHANNEL- https://www.youtube.com/channel/UCL3...WdRan9PUbQ0mBg
I have purchased 2 Expert advisors from this person. His contact email was [email protected]
And he only sells his EAs through Neteller, which is easy to get away with if you sell digital software scams like this...
Bar EA V4 and another one is the Renko EA that he is advertising to gullible fuckers like myself on his channel through all his BS videos.
I paid in total about US$600 for these 2 EAs. Better off flushing it down the toilet or donating to charity.
I installed them on 4 accounts and I can attest to you both these EAs are a complete disaster. Bar EA looks great on the backtests shown but in a live account it does not work at all, complete utter scam.....Your account will rapidly degrade down to nothing in no time because the commision costs are not included in the tests which is an important factor, but the main problem is the shitty system doesn't even work in live trading. If anyone has doubt I will show you my real account statement as proof that this person is selling dud EAs. The renko EA is complete trash it loses every single trade now he has taken it off his youtube channel because it is so bad!
He mentioned to me that he sells EAs for a living, and that trading is just a side income. The question is quite obvious, if your EA actually worked like in the backtests, then firstly you will not need to sell it because you can make money on your own.
Another red flag occured when on the initial day i mentioned to him that i made a good profit.
He then emailed me literally begging me to share the profits of that day because he needed money urgently. It was then i realised i was dealing with a crook from the start. He is selling an EA that makes great profit on backtests but he is flat broke with no money......
Since that ONE lucky day of profit the EA has since had every single day losses upon losses. I kept having hope and thought it was just a bad day for the EA but as time went by the EA just kept losing and losing so it was clearly evident the EA does not work.
On his PDF instruction manual he mentioned that after one month of trading if your account does not make at least 100% he will offer a refund. After asking for a refund as I was unimpressed with the EAs performance I have not heard from him ever again. He has ignored all my e-mails ever since... hope karma catches up with him...
I urge everyone don't become another victim of this scammer like me and send money to him. Once you hand money to him you will never see it again. And you will also burn your accounts so take my advice and be careful with lowlife degenerates like this, especially on youtube where anyone can post anything. Youtube needs to ban people like him from further abuse of the system.
By the way I have attached his worthless BAR EA V4 for everyone here to distribute freely and have some fun making millions of monopoly money. Don't allow yourselves to get scammed by this moron...
I'll move on and stop wasting my precious time on this garbage and focus on real trading using my own EA.... 2017 it's money time

Thank you

When did you start using it?
What broker did you use?
When did you finish using it?
What parameters did you use?
Did you use Vps?
Q latency had your vps?
Did not you do a Front Test before?

You should ask for version 5.1 to try to get your money back!
Has less drawdown

Not going to bother with this scam....the backtests look amazing but the strategy doesn't work in live conditions , no amount of tweaking will change that fact..... I've tested it using numerous live accounts and the losses will always wipe out the gains until your account is bled to death...
this guy has been creating fake youtube accounts to make good comments on his own videos hoping to entice gullible people to buy his actually worthless EA for $300....
After you buy he does not honor refunds like he states in his PDF if you are not happy with his EA's performance.... he will simply ignore you and move on scamming other people.... don't be another victim and send this crook any money.

Hi, since January 5, I have done a lot of tests and I have 5 accounts open, I'm going to pass the results, but I think you have to wait a little longer to see if it really works, another thing I saw, is that you have to close Manually the operation so as not to lose much. (I have not noticed anything manual, I've let it run to see how it behaves), I realized that the first 5 days of the month there is an impressionable drawdown, I would not use the robot those days (if you realize, the owner of the Ea, does not have results of those days by the drawdown)
The tests I have done with different hours of starting and closing
The most profitable so far has been
Start with: $200
TIME_FROM: 20
TIME_TO: 0
HOUR_CLOSE_ORDER: 2
FAC_SIZE: 2

Eye: I'm not making propaganda to the ea, I just want to help you so you do not give up that money. I have done many back testing and I found this procedure the most profitable for now. I hope it helps, thank you

Another thing, I did not put in the previous images not to confuse, use an indicator called zig_zag_zug, to help me

So, did anyone get V5.1 and have profit from live trading?
Historic test was done at 8 ticks, that doesn't factor in commissions the broker take.
realistically, 20-25 ticks when all fees are factored in for this pair. Please share your inputs.

I found this on YouTube also... Contacted him and got the attached pdf file. @suetombo you should ask for a free upgrade to 5.1 and share it here if you would :-)

Also attached is my own back-test from 2016.04.01 till today using Tickdata from Duka

In backtests this EA performs well but in live trading it constantly loses , other people have emailed me about this person not replying after you ask him for a refund because you lost money, he is a scam artist, do not buy this EA, it's garbage... i wasted $600 buying 2 of his crappy EAs and promptly deleted them because it is a waste of time and effort... focus on your own trading instead....there is a good reason why he is selling it, because it doesn't work.....don't trust these youtube scam videos , they look awesome in those tests but they fail miserably when traded live.... if this EA really made such astronomical gains there is no reason for him to sell it for $300, think about it for a second before getting tempted to waste your hard earned money and i urge everyone don't follow my footsteps and get lured into being another scam victim of his... he is one of many shameless con artists out there, be careful

I have managed to obtain this criminal's bank details, notice he prefers to accept payment in Neteller and Skrill because it's easy to get away with scamming people using these methods...

Neteller, Skrill: [email protected]

Or Bankwire, Western Union, MoneyGram:
-Bank Name: BANK FOR FOREIGN TRADE OF VIETNAM
-Account Name: Ho Ngoc Nhat Vinh
Identity card: 341433303
-Account Number: 0331370441241
-BIC/SWIFTCode: BFTVVNVX
-Withdrawal Currency: USD
-Address: Nguyen Van Linh Street, Phong Phu Ward, Binh Chanh District, Ho Chi Minh City, Viet Nam

Hello Suetombo, I download the EA to test it Live, demo and Backtest, but it didn't open not any order even on backtest maybe it has the expiration date.

I sent an email to this scammer now he sell it for $99 and he made the new version. He told me that with $99 would give me Bar EA v4, Bar EA v5.1 and
currently he's working on new EA that could be much better than bar EA. He will give it to me for free

Try to ask him the update of these 2 EA
https://ssl.gstatic.com/ui/v1/icons/...s/cleardot.gif

so upload v5.1 please?

So now hes getting desperate and reduced the price to $99 from the original price of $298 after i exposed him and drove away all his potential victims... lol ... i'm not gonna bother asking him because he's ignored all my emails after I asked for a refund....

Ya I bought it few weeks ago but I think he's cheater too....

Caz this ea didn't have any position yet

if it doesn't work, upload and share, let others figure out why.

did you ask for a refund?

Ya of course, but no reply

its ea

Thanks for the EA, backtest with tick data from dukascopy with swap and commission embedded seems to perform ok, made tons of profit and then lose it all. So, if you get the right months, there are chances of 3-4x your money..... Far cry from the video advertisement, which only use 5 ticks raw spread...

if the creator add in a variable to reduce TP by factoring in the spread, swaps, commission. Than it might work.. any chance of mq4 file?

Try to flag his youtube channel and post bad comments on his youtube videos, the more people who do this and expose him, his whole channel will be removed by moderators , just like another vendor - TrillionaireEA he scammed many people including me and youtube eventually removed his channel after many people flagged his videos as a scam/ fraud

no mq4 file just whatever i posted in the original post is what i have...

Who might interested but running as ctraders/calgo better than running as backtesting.