Get Back Your Money

Thursday, October 8, 2009

Again a Commercial EA Sell Volatily Scalp Expert Advisor

A few days ago I received an email containing an attachment of a commercial expert advisor. Ea was named CaspianEA CHF. The sender suggests that the EA is very similar to VS_EuroCross. After watching the entire of Caspian code, then obviously it is a copy of VS_EuroCross.
I must admit it seller is smart to hide his cunning. Unlike the Pip Turbo EA, CaspianEA do some things to hide that EA is just an imitation.
Changing DLL File Name
The first thing done by CaspianEA to deceive buyers is to replace Volatily Dll file be CaspianEA.CHF name. This is not a difficult thing to change the name because I also recommend if you want to run vs_eurocross on several pairs in a terminal. But look at the function used, it is clear that the version used is version before d05. But fortunately they can not change the name of the function names are used. So they actually just change the file name. And so far, although I've sold some vs_eurocross source, but for the DLL source code itself, I never give it to someone.
Changing Volatily Period Variable with Caspian Factor
This is just a trick. In principle, this variable is the period of the Moving Average, Standard Deviation and Average True Range Indicator. CaspianEA using a smaller value such as 3. However, in the code, this value will be multiplied by 10. So to use volatily period = 20, then the value Caspian Factor must use 2.
Putting indicators that are not used in any trading decisions
This is exactly the trick that fooled many traders, especially for those who do not understand the MQL language. EA sellers will say they add some indicators. But in fact, their EA does not use these indicators in any trading decisions.


Risk Warning

Please note that Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.