What auditing 10 best-selling scalping/martingale EAs on the MQL5 Market taught me - page 4
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Well, it’s great to see someone so dedicated to helping people. You clearly have noble intentions and seem willing to sacrifice your time, perhaps even your life, to save the world from EA scammers. That’s truly admirable, and I congratulate you on your heroic mission.
So, let’s see how your logic holds up.
If you walk into a shop and find an expired or potentially harmful product on the shelf, what do you do? Do you insult the manufacturer? Argue with the product itself? Or do you speak to the store manager who allowed it onto the shelf?
MetaQuotes has rules governing the products published on its Market, and sellers are expected to comply with them. If you believe that so many products on the Market are worthless or misleading, why not put together a list of concrete recommendations, better screening methods, and additional filters, and present them to MetaQuotes?
Oh, sorry. You did say earlier that no EAs have an edge and that it’s impossible to identify the ones that do.
So, let’s get this straight: you have no solution for distinguishing good EAs from bad ones, and at the same time, you claim that good EAs don’t exist. In other words, the entire Market is one big scam, according to you.
Bye.
I must have hit a nerve, I'm guessing you sell EAs here on mql5?
No EA sold here on mql5 have any edge (that I know of), doesn't mean that there isn't anyone.
As long as you cant see the code behind the EA, you can never know what it does or doesn't do. You only have the sellers word that its the best EA ever made up to date.
This is why I say you need to build the strategy yourself, understand the market you are trying to trade and what makes the price move.
The whole retail industry with sellers of programs and brokers are unfortunately not that trustworthy, because they try to make money on their customers.
No matter what you say, if a seller can make money on selling bad programs, they will continue to do that if its easy to do.
I still ask you to show me anybody that has become rich by buying and using EAs here on mql5.
Surely some of your costumers must be rich by now.