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Suggestion Signal2Forex Portfolio EA

Discussion in 'Expert Advisor atau Robot Forex' started by ionone2, 06 Dec 2018.

  1. ionone2

    ionone2 Active Member Credit Hunter

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    I create this thread to tell you guys how this Portfolio EA is a BIG SCAM

    The EA has a very good looking MyFxBook, it seems really to be an amazing robot !

    BUT

    there is a catch....The seller is a big scammer that uses an exploit of the MyFxBook website :
    What you need to look at is ABS Gain

    screenshot.06-12-2018 14.19.23.jpg
    because ABS Gain is the returns over deposits. That means that the EA made 0.04 % since the beginning !

    but how can he have such a great Growth curve ? Well that's simple :
    1) he opens trades randomly : some closes in profit and others go into drawdown
    2) he let the ones in drawdown opened, and move the SL away as it comes close to it (i've witnessed it)
    3) the growth is good because he closes a lot of orders in profit so the Balance is good, but the Equity is really bad : the opened orders cancel all the profit: that's why the Balance chart is private. Guys son't look at growth but rather look at the Balance charts when you wanna choose a signal.
    4) on his YT videos, he never show opened orders, and i asked the author to show me a screenshot : he never produced one.

    screenshot.06-12-2018 14.19.31.jpg

    this is an intricate and rather smart SCAM but a SCAM nonetheless...

    stay away from it

    Jeff
     
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    • Informative Informative x 1
  2. mkowa

    mkowa Member Credit Hunter

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    Thank you!
     
  3. loverhh

    loverhh Active Member Credit Hunter

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    Ionone, that means only that when he made profit he withdrawal it adhoc ;) no more no less..

    That isnt a bug, that was always so MyFxBook if you made 100 dollar with 100 balance, you withdrawal it, you have 100% Abs and Total gain
    you start again... you made again 100 dollar.. you have total 200% but 150% at abs gain

    the total is the gain of the moment balance
    ags is the gain of all included withdrawals or deposit :)
     
  4. ionone2

    ionone2 Active Member Credit Hunter

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    i hear you, but what if he didn't withdraw anything ? i tried the EA live AND on demo ok ? both behaved the same : the equity eats all profit
     
  5. NeoBatavia

    NeoBatavia Well-Known Member Credit Hunter

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    If the Equity is really bad, why the drawdown is so low?
     
  6. ionone2

    ionone2 Active Member Credit Hunter

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    yes that's what i wondered, i think it"s in the MyFxBook DD computation taking into consideration the Equity DD compared to investments

    if you don't believe me, ask the author about a screenshot of his open trades.

    anyway the EA was trading as i said : small wins but huge Equity loss, i even stopped in loss when i noticed SL was moved away from price
     
  7. ionone2

    ionone2 Active Member Credit Hunter

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    the 7%DD is when the equity falls under the lowest balance (the deposits in his case), it happens, it doesn't stays at +0.04% always
     
  8. Leehong

    Leehong Member Credit Hunter

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    Thank you
     
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  9. Seryoga

    Seryoga Member Credit Hunter

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    SCAM but a SCAM - Signal2Forex Portfolio EA - SCAM but a SCAM
     
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  10. ionone2

    ionone2 Active Member Credit Hunter

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    close all your orders, man, this won't get any better, that's what i tried to explain before...this is garbage, try to close all trades without loss if you can and look for another robot
     
  11. Lucas Acosta

    Lucas Acosta Active Member Credit Hunter

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    SIGNAL2FOREX IS BIG SCAM.
     
    • Agree Agree x 1
  12. Alfonso Varela Antillon

    Alfonso Varela Antillon Member Credit Hunter

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    thank you for the advide man
     
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  13. RoboMon

    RoboMon New Member

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    Please see: myfxbook.com

    You might want to take a look at this MyFXBook profile: myfxbook.com/members/54Berlin/signal2forex-portfolio-eas/2670159
    There is history since Sept. with withdrawals and fixed lot size...

    -RB
     
    Last edited by a moderator: 08 Jan 2019
  14. thapols

    thapols New Member

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    Thank you for your sharing information, I bought this EA from them 6 months ago and my acc. already blown.
    The live result very difference from his YT & Myfxbook, Portfolio EA is a BIG SCAM
     
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  15. ionone2

    ionone2 Active Member Credit Hunter

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    yes Thapols, maybe he uses a good EA just for MyFXBook, but he would show the opened orders, and Balance would not be private, so i really think this is the same EA at MyFxBook

    RoboMon : as for the MyFxBook the equity growth is shady as f

    if you don't believe me then buy the damn EA and see for yourself. dozens of users say they bought it and it's a scam, so...help yourself
     
  16. RoboMon

    RoboMon New Member

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  17. ionone2

    ionone2 Active Member Credit Hunter

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    you must be a friend of the author. The withdrawals are PRIVATE dummy. and the ABS gain is 9.4 percent and NOT 1107.5% as it seem to show, big difference.

    the live feed NEVER shows open trades, that's the culprit
     
  18. RoboMon

    RoboMon New Member

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    First of all I am not any friend of any author. Secondly in no way have I ever disrespected you but you had the need to call me a dummy. I don't care what gain or abs say on the site, those numbers are convoluted by how the site calculates. I look at what pips have been gained. Also a different broker too.
     
  19. ionone2

    ionone2 Active Member Credit Hunter

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    SHOW OPEN TRADES ; that's all i ask
     
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  20. MACKKO

    MACKKO New Member Credit Hunter

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    U are right....If only i had seen this message in time :) I bought this 6 month ago...Real stupid Ea!!! Don't do anything..Do a trade a week...And wrong !! LOL! SCUM...
     

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