Suggestion Tips To Avoid Scammers At The MQL5 Market

Unfortunately it can't be shared because it's bound by the system in MQL5.

 

High drawdown on his signal

 

A new type of scammer here who found a way to fool you even with MT5

https://www.mql5.com/en/users/dmitrievsky/seller

But don´t despair because there is a way to see if the results are fake or real.

What this guy is doing is: somehow he is programming the EA with historical data from the symbols he recommends (EURUSD, GPBUSD and AUDUSD), that is why the backtests have extremely perfect entries and exits, something that is very unlikely. Then by the end of june this year the EA starts doing real bad on the backtest.

If you check the release date of the EA, you can see it´s 3rd of July. So you should go "a-ha" by now.

He released the EA on the beginning of july which is when it starts doing bad on the backtest, meaning the EA does not have the data for the perfect trades.

You can bet the farm that in the next update of the EA it will do great on july.

So guys, now you have to pay attention to the release date of the EA, the date of the latest update, and see if the EA performs well only up to that date and then starts tanking.

If performs well past the date it was released or updated, then it´s solid EA.

 

Trustpilot - https://www.trustpilot.com/review/www.mql5.com

MQL5 company does nothing to protect members. This is just a massive sale with no refunds!

 

@MrRabnawaz (GREEN PIPS CATCH? is a big SCAMMER. Many accounts blowing by this guy.

Take care!