It had to happen. Someone finally purchased my FX Power Hedge System (www.FXPowerHedge.com), and they have made an EA (Expert Advisor). But, not only have they made an EA robot to attempt to trade my system, they even set up their website to sell it for a whopping $600 or more!!!! (I sell my MANUAL system for $29.99, and the ONLY way to make my mathematics based system is manual trading. It doesn't work as an EA!)
Here's the other thing about these new EA scammers ripping off my FX Power Hedge System. They are actually using a lot of my own exact language from my blog entries, website and many support e-mails I send to every purchaser who has questions as they work to achieve high profitability trading my FX Power Hedge System.
SO HERE IS THE TRUTH ABOUT THE SCAM EA GUYS...
I have an EA. I actually have two EA's created by different people, but they do NOT work! The reason is that the mathematics required to make consistent profits cannot be handled (at present) by Expert Advisor (EA) program technology. SO THE EA BEING SOLD ON THE MARKET IS VERY SIMILAR TO WHAT I ALREADY HAVE IN MY POSSESSION AND REFUSE TO SELL -- BECAUSE IT DOES NOT WORK!!!!
This is most frustrating to me, cause these guys have not only scammed me by ripping off my system but they are scamming people with MY OWN MATHEMATICAL APPROACH TO FOREX! It's really frustrating and I'm very angry.
My biggest thing is that I just want to warn you. There isn't ONE SINGLE EA that produces consistent results. NONE WORK! The reason is that Expert Advisors function primarily in a predictive manner. They seek to capture profits via predicting (electronically and usually by scalping) -- they predict movement.
The problem with automating my system is that the FX Power Hedge does NOT attempt to predict the future. It uses real time data to make profits, and this requires a human being to execute the system. Yes, there are some mathematical functions that we have automated and that we provide when people purchase my system.
You don't have to manually perform all the calculations I did for years when I first developed the system myself.
It involves principles of statistical probability, causal effect, law of independent events...some quantum physics mathematical principles first pioneered by Albert Einstein and Neils Bohr in their early work. But with the auto calculators I provide you, all data is available after entering buy and sell numbers and a single click of the mouse.
THIS IS STILL A LEVEL OF MATHEMATICS WHICH CANNOT BE BUILT INTO AN EA!
While we have a documented 97% success ratio on all trades with the FX Power Hedge, you still have a 3% risk of failure. What these EA marketers out there scamming people with my system are NOT telling you is that an EA will REDUCE these odds of success. I can actually increase statistical probability of success on every single trade to 100% manually, but those settings do NOT work in an EA.
It is more complex than I can explain myself. I don't build EA's.
I can only tell you that I have FOUR software engineers working now on what "might" be AI software which could run in the background and feed information to a conventional EA -- and that might work according to what they are telling me. The calculations would at least then be built into a software program robust enough to handle what's needed to make this consistently profitable. An EA is a very primitive piece of software, and it's basically a plug and play kind of deal where you put in some fixed variables. It will not accommodate the complex mathematics and "real time" adjustments needed to achieve consistent profitability with my FX Power Hedge System (www.FXPowerHedge.com).
So, I am NOT going to identify these guys. I don't want to get into a lawsuit. I was simply informed by an FX Power Hedge Trader who does forex now for a living thanks to my system...he told me yesterday about these guys, and also expressed his concerns that it might smear my name and the power hedge system. Well, he's right. I have the same concerns. I have worked hard to maintain the credibility of this system.
I AM NOT ASSOCIATED IN ANY WAY WITH ANY EX THAT TRADES THE MATHEMATICS BASED POWER HEDGE SYSTEM I NOW SELL UNDER THE COPYRIGHT PROTECTED "FX POWER HEDGE" NAME.
DO NOT FOR ANY MOMENT BELIEVE PROMISES MADE BY ANYONE SELLING AN EA THAT THESE ARE ASSOCIATED WITH MY SYSTEM. I DO NOT HAVE AN EA THAT WORKS.
IF I EVER DO GET AN EA (LIKELY WITH SOFTWARE LINKED AND RUNNING IN BACKGROUND), I WILL (1) GIVE IT FOR FREE TO EVERYONE WHO HAS ALREADY PURCHASED THE FX POWER HEDGE SYSTEM (WWW.FXPOWERHEDGE.COM), AND (2) I WILL IDENTIFY IT AS AUTHENTIC "FX POWER HEDGE" FROM "SPARKS, IQ141".
Anything else is NOT going to work. I'm sorry to burst the bubble. But if you see an EA out there on the web that promises profits using the mathematics I have developed (and that replace predictive technical and fundamental analysis, which is forever flawed because it seeks to do the impossible -- predict the future) -- do not trust that EA. It's not me. Not unless it has my name attached to it: Sparks, IQ141
Sorry I have to break bad news for people seeing these guys with a scam EA out there associated with my power hedge mathematics. Just had to let you know there's a scammer created every minute. I feel like these guys are the same people who want to sell you a MacBook Pro made in China for just $300 -- and, oh by the way, send only a Western Union payment. LOL -- man. I am disappointed in humanity. So many people believe we are all suckers. But I guess it's sadly too often true. As human beings, we are eternally hopeful creatures.
I will just promise you that I'll always try to be honest about my system. I'll always answer questions to anyone who purchases my system. And I will NEVER sell or allow to be sold under my name any automation or EA that does NOT work to produce CONSISTENT profits.
So beware. All I can do is warn you about this one. If I can find a way to shut down these EA scammers, I will do it. Meanwhile, beware. THERE IS NO FX POWER HEDGE EA IN EXISTENCE. NO EA TO DATE (TO MY KNOWLEDGE) WORKS TO PRODUCE CONSISTENT PROFITS LONG TERM. PERIOD. I HAVE NOT SEEN ONE EA THAT DOES IT.
Sparks
IQ141
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