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Thread: Magic Machine EA

  1. #11

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    ı'll show you soon the biggest scam which has a %99 win rate in the statements but in fact a garbage like fap etc..almost proven
    Last edited by cimi; 05-08-2009 at 19:33.

  2. #12
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    O.K.

    I did a backtest with the Vforce like EA 1.1 with the .set file and had the exact result as with the Magic machine EA over the same period.

    I don't have a shadow of a doubt that the magic machine EA is selling your EA.

  3. #13
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    Quote Originally Posted by gelt View Post
    O.K.

    I did a backtest with the Vforce like EA 1.1 with the .set file and had the exact result as with the Magic machine EA over the same period.

    I don't have a shadow of a doubt that the magic machine EA is selling your EA.
    Hi all...

    I just found this thread and will go though it all this weekend.

    I also purchased the Magic Machine last night. I set it up and the EA took two successful trades this morning on the EUR/USD for 30 pips each. The second trade opened 20 minutes or so after the first trade. It opens two trades each time... one for 80% and one for 20% that it lets run until it is stopped out by the trailing stop. Both of the second trades were still going when the markets closed today. Both were over 100 pips. I think the trailing stop is set at 15 or 20 pips.

    I was wondering... does this EA also open two trades each time (80% & 20%) and also have the trailing stop on the second trade? If this is the same EA then I will get a refund. I have 55 days left to test the Magic Machine but if I can get the same exact EA here for free I might as well.

  4. #14
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    Ok this has caught my attention but, where can I find Vforce

  5. #15

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    Quote Originally Posted by winias View Post
    You're using vforce wrong. They got rid of the ability to change parameters. VForce wont drain an account. You must be using the martingale feature which funyoo throws on alot of his eas or your position sizing is too high, or just the wrong .set files alltogether. Download the .set files on the forum here and most importantly get your money back on that hunk of junk.

    There are several versions posted here - download them and run them on EUR/USD. It NOR magic machine is ready to trade other pairs (same exact ea!). That website is 100% bullshit and they should be out of business for this kind of unethical behavior.

    I got a version of magic machine 1 and 2 and TRUST ME there are NO IMPROVEMENTS MADE.

    IT IS IDENTICAL!
    Winias,

    Which Vforce .set file are using? Which time frame? TIA!

  6. #16
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    It does look like the magic EA is the same as Vforce, however i wonder why there system is getting much better results than the Vforce, does it have to do with optimizing or something

  7. #17
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    Quote Originally Posted by wannaberich View Post
    It does look like the magic EA is the same as Vforce, however i wonder why there system is getting much better results than the Vforce, does it have to do with optimizing or something
    Because it is "Magic" I guess? LOL

    Just curious... did anyone get a trade triggered today on the EUR/USD using the Vforce EA? Just curious. Around 1500 GMT sometime? This being the first day of my testing the Magic Machine I want to compare results. Thanks.

  8. #18

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    Quote Originally Posted by bnbb2004 View Post
    Winias,

    Which Vforce .set file are using? Which time frame? TIA!
    Its easy.

    The version they sell you for $200 bucks, the 'original', is 'vForce Like EA v1.1.mq4' - you can download it here: vForce Like EA
    You have your choice of .set files on the first page of that thread, but default should get you the same results.

    The 'advanced' version they try to upsell you on for another $200 bucks is 'vForce Like EA v2.mq4' - you can download it, and the .set file (the same settings being uses on magic machine) here: vForce Like EA

    The indicator in the 1st post isnt necessary. The EA uses basic indicators that come with metatrader.

    Dont worry about not getting the same results as Magic Machine. I went through it and literally, everything is identical. All of the indicator settings are the same, etc etc. Its a completely ripped-off EA. I'm sure at one point and after word gets out they're going to try to improve it or change it in some way shape or form, but you can cover your butt only to a certain extent.

    If you want more proof go to this guy's blog here: Best Forex EA Blog Archive It’s a Kind of Magic

    Apparently they 'reverse engineered' the code, but backtests showed no variation.

    Only trade both of them on EUR/USD 1hr, which is what Funyoo optimized it for. I'm trying to get it running on other pairs - still fussing around with the settings and coming up with new ideas.

    AdSanders: yes, both EA's position size like that. Its the same EA.

    These clowns have it trading other pairs on the website, but its all just a whim. Over time it wont work on them. Run the Magic Machine 'advanced' backtest on other pairs and you'll see it fail over time. Vforce will do the same thing, of course. Its not ready for other pairs yet.

    By the way, on their website there are instances where "Forex Maestro' pops up (obviously a sloppy accident). For those of you that dont know, Forex Maestro was ripped off from another EA found on a forum (Firebird EA). So these guys have a history it looks like.

    These are the things that bother me about this business tremendously.

    Many thanks again and hats off to Funyoo for creating this great EA. I'm just a trader, not a programmer, and admire the skillset involved in putting these all together.
    Last edited by winias; 05-12-2009 at 02:51.

  9. #19
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    Quote Originally Posted by winias View Post
    Its easy.

    The version they sell you for $200 bucks, the 'original', is 'vForce Like EA v1.1.mq4' - you can download it here: vForce Like EA
    You have your choice of .set files on the first page of that thread, but default should get you the same results.

    The 'advanced' version they try to upsell you on for another $200 bucks is 'vForce Like EA v2.mq4' - you can download it, and the .set file (the same settings being uses on magic machine) here: vForce Like EA

    The indicator in the 1st post isnt necessary. The EA uses basic indicators that come with metatrader.

    Dont worry about not getting the same results as Magic Machine. I went through it and literally, everything is identical. All of the indicator settings are the same, etc etc. Its a completely ripped-off EA.

    If you want more proof go to this guy's blog here: Best Forex EA Blog Archive It’s a Kind of Magic

    Only trade both of them on EUR/USD 1hr, which is what Funyoo optimized it for. I'm trying to get it running on other pairs - still fussing around with the settings and coming up with new ideas.

    AdSanders: yes, both EA's position size like that. THEY ARE IDENTICAL. Its the same EA.

    These jerks have it trading other pairs on the website, but its all just a whim. Over time it wont work on them. Run the Magic Machine 'advanced' backtest on other pairs and you'll see it fail over time. Vforce will do the same thing, of course. Its not ready for other pairs yet.

    By the way, on their website there are instances where "Forex Maestro' pops up (obviously a sloppy accident). For those of you that dont know, Forex Maestro was ripped off from another EA found on a forum (Firebird EA). So these clowns have a history it looks like.

    These are the things that bother me about this business tremendously.

    Many thanks again and hats off to Funyoo for creating this great EA. I'm just a trader, not a programmer, and admire the skillset involved in putting these all together.
    Thanks Winias,

    I setup the Vforce along side the Magic Machine and you are right. It is exactly the same. It even opened a trade at the same time. I am going to go ahead and request the refund from Clickbank based on these facts.

    I wish I had found this board first. If nothing else... I think I have learned a lesson here. Don't purchase another "system" when it is probaby available for free on the net if you search hard enough. Thanks Funyoo for all your work... and thanks both of you for pointing out the truth.

  10. #20
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    Quote Originally Posted by ForexPeaceArmy
    How would you like to pay for one EA and find that what you get is an overpriced and illegal copy of another commercial EA? Worse, how would you like to pay good money for an EA and find it's an illegal copy of a free EA.

    That's what two of the newest EAs on the market seem to be – pirated versions of other EAs. We've seen accusations like this before, but this time there's some very solid evidence to back up the accusations.

    Both of these were brought up in a pair of reviews left by Kev from New York. One of our review moderators pointed these out to FPA's AsstModerator, and he contacted the sites that had evidence as well as the original sources of the EAs.

    One of these pieces of software is EA-Boss. It seems to be virtually a line-by-line clone of FapTurbo, but costs a lot more (currently $699 vs $149). BestForexEA's site shows just how identical the code is. FapTurbo's abuse team also confirms the code shown is genuine. If you've bought this pirated piece of software, we suggest you to contact Plimus and request a refund immediately.

    The other is TheForexMagicMachine. This seems to be a reverse-engineered version of a free EA available from TradingSystemForex. Some things in life really are free – but that doesn't give someone else the legal right to rename and resell them for a profit. BestForexEA's site shows the code similarities, and 4xProject's site shows identical backtests once the settings from the free version are synced up with the copied version. Just to add an additional unethical advertising bonus, the website promises free lifetime upgrades, but purchasers are then offered an upgraded version for more money – that version is also copied from a free EA from TradingSystemForex. If you paid your money for this pirated software, you can apply for a refund at ClickBank.

    The FPA had acquired versions of both of these for our Performance Testing. Under the circumstances, we plan to stop the tests today. The results for the time they were running may be left available, but no further forward testing of this software will take place. This decision will be revisited if the owners of these websites can prove that this was all just some sort of misunderstanding.

    We wish to thank Kev, the FPA's Review Moderators, FPA's AsstModerator, Donna Forex, FapTurbo's Abuse Team, TradingSystemForex, 4xProject, and BestForexEA for their contributions to this article. We hope the owners of the copyrights on these pieces of software us all legal means to seek civil and criminal judgments against those who broke copyright laws.
    Source : Grand Theft EA - Forex Peace Army Forum

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