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Thread: PrecisionTypeA and Calamari GBPUSD

  1. #11

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    Quote Originally Posted by plandy View Post
    Exactly, them high s/l EAs like Fap Turbo, Eblaster and so on may impress early on but it's just a matter play time with the odds before they blow up. If the first s/l did not wipe the account out the second will for sure.
    Well Euroblaster is only safe on the conservative and basic presets... and then it will still blow on non-farm payroll.

    It's also not that it isn't profitable,... but that it risks more than half the account for a little profit on a continuous basis... which makes you sqeamish about using it... in addition, it cannot survive a 10 year backtest.

    I'll only be using EAs live that can survive 10 years or more from now on. Anything else is too risky.

  2. #12

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    Potential SCAM alert.

    The dll used in precision type A is byte-for-byte IDENTICAL to the dll used in Megadroid pro!

    the smoking gun is in the Precision Type A dll..... contains mentions of file paths with the name Megadroidpro

    Funny however, that both EAs trade differently. It could simply be that Precision Type A includes a number of different strategies "borrowed" from around the place and compiled into a single EA.
    Last edited by Neo-Rio; 07-24-2009 at 08:21.

  3. #13
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    Default Highly correlating trades with backtest

    It is true PrecisionTypeA trades very differently from Megadroid and I don't think the DLL similarities are in any way scam signs. Both are good EAs and I don't mind if they share some systems. PTA's backtest are highly consistent with real trades, something that is not commonly seen with other EAs

  4. #14
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    Quote Originally Posted by Neo-Rio View Post
    Potential SCAM alert.

    The dll used in precision type A is byte-for-byte IDENTICAL to the dll used in Megadroid pro!

    the smoking gun is in the Precision Type A dll..... contains mentions of file paths with the name Megadroidpro

    Funny however, that both EAs trade differently. It could simply be that Precision Type A includes a number of different strategies "borrowed" from around the place and compiled into a single EA.
    Are you sure they're totally identical? Did you do a FC /B?

    Perhaps they "borrowed" MegaDroid and have optimised it to give apparent better performance but of course we all know what happens after that.

    I notice that on the web site they say the results are from a real money account even though they don't look it. A recent comment confirms they haven't started any live trading, so with all this why on earth would you trust these guys?

  5. #15

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    Quote Originally Posted by sparkz View Post
    Are you sure they're totally identical? Did you do a FC /B?
    It's identical to the Megadroid pro dll.

    I ran through the provided dll with a hex editor and found traces of compile pathnames - specifically mentioning Megadroidpro.
    That was the smoking gun. It obvious who copied who.

    The EA has multiple logics contained in it -- therefore it's safe to assume (but I do not have proof of this) that the other logics are probably "borrowed" from other EAs...

    Of course, nobody can detect this by looking at backtests because all the logics are applied at the same time (or not, as you can specify within the EA inputs) - with money management so only a few get to take a shot at the same time... depending which trade logic gets confirmed first.

  6. #16
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    I suppose there's an outside chance that this company is an offshoot of MegaDroid but why keep it secret? You'd be missing a huge marketing bonus.

    If they're using the MegaDroid DLL I can't imagine any other use for it other than to work with the MegaDroid code or a variant of it. As you say they could be combining other EAs into it as well.

    I wonder if MegaDroid know about it?

  7. #17
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    Also, setting up shop in the British Virgin Islands is a bit odd. Usually I'd associate fronts like this with scam companies who are trying to evade the law but I guess they may have a legit reason for it

  8. #18
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    The demo accounts for both the precision and calamari ain't looking good just after a month of trading on demo. Ain't convincing at all.

  9. #19
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    Default Give it a chance...

    I still do not see any similar trades with Megadroid. You can check on this by comparing the Megadroid trades in Pipcop and precision's trades.

    Their demo account is looking good, although drawdown is apparent at times. It still looks like it's winning over the long run.

    Probably it is true it is using 'borrowed' systems. But as the guys claim, it is the timing of the system employment that makes it a winner.

    As the '6 months trial' is provided, we should wait and see how it performs in at least 6 months time. I know from past experience that hardly any EA can survive that long. The live trades date back to 2008, something that no other EA has...

  10. #20
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    It uses the MegaDroidPro v1.00 dll. It's fact.
    But not by permission of MD guys, because the .dll they're using is a cracked one.
    Please allow me to be sure about this.

    Maybe with this little "help" this is becoming a wonderful EA (I don't know), but I would not make any busines with the people behind it.

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