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Suggestion Arbitrage ea Ole$ya

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Danilovic88

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Hi, I wanted to talk about this arbitrage ea I found in a russian website. I saw it working real time in a demo account and it was able to double the deposit in a single day. If u look in youtube The ea has amazing results. I would say incredible results, so incredible that it looks like a scam.

The main problem is the price if the ea which is 10,000$, and of course I am not going to pay such amount for something I dont know if is gonna work on real account.

The owner of The website sells a lot of eas, most of them I think they have been cracked, not developed by himself.

I want to know if anybody in here has ever heard of this ea and if it works on real account. I find a little bit suspicious that the owner doesn't want to send a real account investor password which makes me think is a scam. A very expensive one, by the way.
 
Danilovic88 said:
Hi, I wanted to talk about this arbitrage ea I found in a russian website. I saw it working real time in a demo account and it was able to double the deposit in a single day. If u look in youtube The ea has amazing results. I would say incredible results, so incredible that it looks like a scam.

The main problem is the price if the ea which is 10,000$, and of course I am not going to pay such amount for something I dont know if is gonna work on real account.

The owner of The website sells a lot of eas, most of them I think they have been cracked, not developed by himself.

I want to know if anybody in here has ever heard of this ea and if it works on real account. I find a little bit suspicious that the owner doesn't want to send a real account investor password which makes me think is a scam. A very expensive one, by the way.
Click to expand...
Try this..
Brief description of the parameters themselves:
- MaxDD - When starting the expert reads the balance on the account and if he drops by more than these percentages will stop trading
- MM - what percentage of the free margin on the account to include when opening a position
- PipeName must be the same value as the SA_Server equivalent
- ServerPairName - Used if there is a difference in the naming of the tools eg if we have EURUSD and EURUSDsb as names in both brokers
- BidCorrection and AskCorrection are used if you want to adjust something on the quoted quotes
- ActionPips - where the deviation of the price is entered in the position. For example, at value 2, bota will buy when Bid of the lead broker has two pips of the current Ask.
- TargetPips and StopPips are configured based on their own taste and risk sensation
- VirtualStops is better not to include because the sliding slide can be much more powerful than entering the position. Just with the broker soft they are set up as parameters and especially if you are in a group of "knowledgeable and capable" clients, you can take a lot of shit.
- ConfirmMS eventually eliminates short-term jumps in price mainly due to problems with new versions of MT4
- SleepMS provides a break and a small "breath of air" for the processor
- Slippage and Magic are clear
 

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Last edited:
BUKHARI BIN HASSAN said:
Try this..
Brief description of the parameters themselves:
- MaxDD - When starting the expert reads the balance on the account and if he drops by more than these percentages will stop trading
- MM - what percentage of the free margin on the account to include when opening a position
- PipeName must be the same value as the SA_Server equivalent
- ServerPairName - Used if there is a difference in the naming of the tools eg if we have EURUSD and EURUSDsb as names in both brokers
- BidCorrection and AskCorrection are used if you want to adjust something on the quoted quotes
- ActionPips - where the deviation of the price is entered in the position. For example, at value 2, bota will buy when Bid of the lead broker has two pips of the current Ask.
- TargetPips and StopPips are configured based on their own taste and risk sensation
- VirtualStops is better not to include because the sliding slide can be much more powerful than entering the position. Just with the broker soft they are set up as parameters and especially if you are in a group of "knowledgeable and capable" clients, you can take a lot of shit.
- ConfirmMS eventually eliminates short-term jumps in price mainly due to problems with new versions of MT4
- SleepMS provides a break and a small "breath of air" for the processor
- Slippage and Magic are clear
Click to expand...


So, does it work on demo/live?

Because of course you can not backtest an arbitrage EA to get an idea of performance...
 
ectaco said:
I 've tested various arbitrage software and there is always an issue to find a broker. Some like instaforex, tickmill, vipromarkets, axiory works well on demo and sometimes on high volatility works well on live (but not with the same profit as demo). The thing is that, even if you find a suitable broker, will they let you withdraw the profit and continue trading with them?
That's the real issue. Only someone who did this succesfully can answer to us, but all people who make profit from arbitrage , avoid to name their brokers. They don't want to have every trader trying arbitrage with their broker. The broker will lose too much and then will stop arbitrage conditions
Click to expand...

I think that if The broker is a truly ecn, there shouldn't be any issue at all.
 
Yes, they will said to you with Liquidity Provider don't like your short trades and will not give you any profits.
 
If u check The website where The ea is sold, Now it worths 1k lifetime license and they rent it for 200$ a day and they Have a risk disclaimer that u can lose all your deposit. After all, it looks like it doesn't work how they claim it to work!
 
So, The guy took The price down to 199$ from 10k in a matter of days. So is obviously a scam, because nobody sells something that makes millions for 199$.
 
Danilovic88 said:
If u check The website where The ea is sold, Now it worths 1k lifetime license and they rent it for 200$ a day and they Have a risk disclaimer that u can lose all your deposit. After all, it looks like it doesn't work how they claim it to work!
Click to expand...
I think whatever ea although on past time is profitable but but not will guarantee will giving same result
rent ea 200$ a day in my view is expensive for me rather than rent these ea will choose for deposit account and work manually
 
Danilovic88 said:
So, The guy took The price down to 199$ from 10k in a matter of days. So is obviously a scam, because nobody sells something that makes millions for 199$.
Click to expand...

Exactly, totally agree... sometimes i remain some minutes to think why a people who has the "holy grail" want more money than the money that can earn by the ea... If i would have an EA or strategy that can make $$$$ than i will have to ways : Help people to live better or stay in silence forever, of course never sell it for a price because i don't need money more than i can do. [my simple opinion]

Told this, go on to search for a good strategy ;-)
 
BUKHARI BIN HASSAN said:
Try this..
Brief description of the parameters themselves:
- MaxDD - When starting the expert reads the balance on the account and if he drops by more than these percentages will stop trading
- MM - what percentage of the free margin on the account to include when opening a position
- PipeName must be the same value as the SA_Server equivalent
- ServerPairName - Used if there is a difference in the naming of the tools eg if we have EURUSD and EURUSDsb as names in both brokers
- BidCorrection and AskCorrection are used if you want to adjust something on the quoted quotes
- ActionPips - where the deviation of the price is entered in the position. For example, at value 2, bota will buy when Bid of the lead broker has two pips of the current Ask.
- TargetPips and StopPips are configured based on their own taste and risk sensation
- VirtualStops is better not to include because the sliding slide can be much more powerful than entering the position. Just with the broker soft they are set up as parameters and especially if you are in a group of "knowledgeable and capable" clients, you can take a lot of shit.
- ConfirmMS eventually eliminates short-term jumps in price mainly due to problems with new versions of MT4
- SleepMS provides a break and a small "breath of air" for the processor
- Slippage and Magic are clear
Click to expand...
Thank u. Made 330% in demo in a single day. Then in live lost half of deposit using Tickmill. Very dissapointed, looks like no broker will really allow u to trade using arbitrage.
 
Danilovic88 said:
Thank u. Made 330% in demo in a single day. Then in live lost half of deposit using Tickmill. Very dissapointed, looks like no broker will really allow u to trade using arbitrage.
Click to expand...
Hello. Name of brokers ??? Please. Thanks

Sent from SoeHoe.ID mobile apps
 
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