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Warning about the EA "ArtaTalenta_01" posted on 22. May in this thread!
It had an excellent backtest. No losses at all! I was convinced and attached it to my Instacent live account where it did well. There were 2 trades in profit. Now, the third one is in a big floating loss. So I looked at it a bit closer now.

What I found is the following:
- I backtested it with a newly installed MT4 from January 2016 til now. The backtest was horrible.
- I backtested once more in same MT4. The backtast was fantanstic.
- I deleted the file "rl.txt" in the "Files" directory. The backtest was horrible again. The next BT was good again.
- I deleted the file again, tested only 3 months (bad result) and after that the whole time again. Result: The first 3 months perfect and then very bad.

Obviously the EA stores the future prices into the file "rl.txt" (which BTW is not a text file). So from the second performance the backtest is no backtest anymore because the EA knows the future prices!

Unless I am wrong and there will be an explanation from the programmer who appears to be a scammer now, I can just warn from using this EA!
And I am wondering why there are such people out there!


Kiki Fauzi Priadi said:
Toling di BT gan
Pair: AUDUSD, TF: Daily (D1),
minimal modal: Akun Standard $ 50
Akun Cent $ 10 (1000 cent). Instaforex
Click to expand...
 
mkowa said:
Warning about the EA "ArtaTalenta_01" posted on 22. May in this thread!
It had an excellent backtest. No losses at all! I was convinced and attached it to my Instacent live account where it did well. There were 2 trades in profit. Now, the third one is in a big floating loss. So I looked at it a bit closer now.

What I found is the following:
- I backtested it with a newly installed MT4 from January 2016 til now. The backtest was horrible.
- I backtested once more in same MT4. The backtast was fantanstic.
- I deleted the file "rl.txt" in the "Files" directory. The backtest was horrible again. The next BT was good again.
- I deleted the file again, tested only 3 months (bad result) and after that the whole time again. Result: The first 3 months perfect and then very bad.

Obviously the EA stores the future prices into the file "rl.txt" (which BTW is not a text file). So from the second performance the backtest is no backtest anymore because the EA knows the future prices!

Unless I am wrong and there will be an explanation from the programmer who appears to be a scammer now, I can just warn from using this EA!
And I am wondering why there are such people out there!
Click to expand...
thanks for warning us, so i do not easily to trust bt, and only ft any ea directly. thanks for kindly remind us for this useful discovery.:)
 
mkowa said:
Warning about the EA "ArtaTalenta_01" posted on 22. May in this thread!
It had an excellent backtest. No losses at all! I was convinced and attached it to my Instacent live account where it did well. There were 2 trades in profit. Now, the third one is in a big floating loss. So I looked at it a bit closer now.

What I found is the following:
- I backtested it with a newly installed MT4 from January 2016 til now. The backtest was horrible.
- I backtested once more in same MT4. The backtast was fantanstic.
- I deleted the file "rl.txt" in the "Files" directory. The backtest was horrible again. The next BT was good again.
- I deleted the file again, tested only 3 months (bad result) and after that the whole time again. Result: The first 3 months perfect and then very bad.

Obviously the EA stores the future prices into the file "rl.txt" (which BTW is not a text file). So from the second performance the backtest is no backtest anymore because the EA knows the future prices!

Unless I am wrong and there will be an explanation from the programmer who appears to be a scammer now, I can just warn from using this EA!
And I am wondering why there are such people out there!
Click to expand...

Thanks for warning :ok:
this is why we need do demo first before put on live account.

but i have different situation here, when i run test, i check, no file "rl.txt" there.
i check at folder tester >> files
it is right folder that i checked?
 
brekz1 said:
but i have different situation here, when i run test, i check, no file "rl.txt" there.
i check at folder tester >> files
it is right folder that i checked?
Click to expand...
Yes, it is that location. You can define the name of the file in the the EA-settings. If I were the scammer I would not have indicated the presence of such a file by listing it in the settings!
 
mkowa said:
Yes, it is that location. You can define the name of the file in the the EA-settings. If I were the scammer I would not have indicated the presence of such a file by listing it in the settings!
Click to expand...
Im not saing you are scammer, i just ask you that are im looking in the right folder or not. Danke
 
brekz1 said:
Im not saing you are scammer, i just ask you that are im looking in the right folder or not. Danke
Click to expand...
I did not say that you have said I would be a scammer! ;) I am sorry if my writing could be interpreted in this way. I do not want to offend anybody.
I wanted to say: If I would have coded such a scam EA then I would not have mentioned the file wich contents the future data in the settings of the EA.
I would not have found it and would still think that it would be a tremendous EA.
Sorry I am not good in formulating conditional tense.
 
mkowa said:
I did not say that you have said I would be a scammer! ;) I am sorry if my writing could be interpreted in this way. I do not want to offend anybody.
I wanted to say: If I would have coded such a scam EA then I would not have mentioned the file wich contents the future data in the settings of the EA.
I would not have found it and would still think that it would be a tremendous EA.
Sorry I am not good in formulating conditional tense.
Click to expand...
Hi mkowa ,
im sorry for little misunderstanding, now have better explanation, is clear now by the text i bold above ;):ok:
im curious what inside the text file. Can you partially copy and paste here what inside that file? No need all inside, just partially. Or maybe upload the file here?

Danke.
 
Last edited:
Could you help me test the EA with setting.
GBPJAY pair only
Risk factor 1.60
Pips distance 450
SL distance 1000
TP distance 500
Lot 0.01
Spread 3
 
Could you help me test the EA with setting
Initial Deposit 1,000
TM 15m
Spread 1.8 below
Pair Eurusd
lot size 0.01
 

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suguram said:
Could you help me test the EA with setting.
GBPJAY pair only
Risk factor 1.60
Pips distance 450
SL distance 1000
TP distance 500
Lot 0.01
Spread 3
 
Could you help me test the EA with setting
Initial Deposit 1,000
TM 15m
Spread 1.8 below
Pair Eurusd
lot size 0.01
Click to expand...
this is build 765++, i cant help make backtest
if you have mq4 file, please compile with metaeditor 765
this is download link:
http://www.mediafire.com/download/hra895ppf6agy49/metaeditor.zip
after that, please reupload the EA :)
 
suguram said:
Could you help me test the EA with setting.
GBPJAY pair only
Risk factor 1.60
Pips distance 450
SL distance 1000
TP distance 500
Lot 0.01
Spread 3
 
Could you help me test the EA with setting
Initial Deposit 1,000
TM 15m
Spread 1.8 below
Pair Eurusd
lot size 0.01
Click to expand...
and another problem is, i dont have historical data for GBPJPY
if you read post number 1 on page 1, there GBPJPY are not listed.
 
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