fxmechanic
fxmechanic
IT Network Administrator Engineer в Private Network
Hello dear fellow Traders, Greetings from Mexico.
Thanks for visiting my page and I hope that you are doing very well at any wherever in the world that you are.
mql4.com profile: https://www.mql5.com/en/users/fxmechanic?utm_campaign=MQL4.community mql5.com profile: https://www.mql5.com/en/users/fxmechanic
I'm a computer network engineer, I do some low level programming, and I'm learning the mql4 code. I will deal with the mql5 later.
Despite of my career, I am leading my self to become full time Forex Trader and Expert Advisor user for Auto Trading.
I decided to establish this page on the factor that I have seen many traders using Expert Advisors to take care of their financial investments.
Now, there are so many options available to choose from the newest and most advanced systems, proven to work well on the Forex Markets.
I Have set my goals to run up to 300 or more EAs and Signal Systems with several Forex Brokers and with initial live balances from $200 USD.
Also, I’m going to check Free and Paid Expert's Signals for about 2 or 3 months on demo accounts before placing them on live accounts.
I will try to keep you guys informed about my results and recommendations regarding the performances.
Also, I will try to write my own Expert Advisor based on my criteria of the maket and place the Signals for share when available.
Thanks and I Hope the best for you. Sincerely,

FX Mechanic
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A TRUE FACTOR ABOUT THE SIGNALS,
After so much struggling, I finally realized how to solve the problems of the signals. I found the hard way that it is VERY IMPORTANT to establish my accounts as the same as the signal providers in regards to:

SAME BROKER, SAME SERVER, SAME ACCOUNT TYPE, and SAME LEVERAGE, for it to work properly.

NOTE: Sometimes the SERVER may be different, exemple signal providers using LIVE, you using DEMO, or vice versa
Without regards of the Account BALANCE or SIZE of the orders because I can always control that from my terminal, including the risk level.
I HOPE the METAQUOTES comes soon with the TOKEN technology as promised, that will solve alot of signals pitfalls.
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A BED THING of some Signal Providers is that they don't place STOPS in the orders, it is insane and mql5.com should not allow this.

SHAME ON YOU mql5.com Last night there was no conection to signal providers and my accounts still had open trades, SHAME ON YOU !!!
This morning (5/16/2013) I had to restatrt all of my platforms to get the frikking signals connected, that definetlly makes this entire sysem "UNTRUSTABLE", thank god I was only runnning demos, I can not imagine what happened to those using live accounts.
My last impression is, to make the autotrading connection 100% reliable we most run the Esperts directly in out computers.
Other than that, my opinion about the signals and conectivity is that they are in a "BAG FULL OF BROWN STUFF"
Wait a minute, I checked my other computers for miss connection and they where good, the only ones that whent off are the ones that I have connected with Alpari. Sorry mql5.com, the SHAME goes for Alpari, Am I BED or what?, jejejeje
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fxmechanic
fxmechanic
CURRENTLY on LIVE Accounts:

SIGNAL 5, (https://www.mql5.com/en/signals/1889) " Fxzsignals " BY: https://www.mql5.com/en/users/fxzsignals
STATUS: Profitable, Grow Speed: Midium to Rapid, Low Risk, open and close in short period of time, small draw down
MY REVIEW = RECOMENDED !!!

SIGNAL 8, (https://www.mql5.com/en/signals/7142) "MBW Signals 1" By: https://www.mql5.com/en/users/mbwsignals
STATUS: Profitable, Grow Speed: Slow to Midium, Low Risk, open and close in short period of time, small draw down
MY REVIEW = RECOMENDED !!!
fxmechanic
fxmechanic
CURRENTLY on TESTING:

SIGNAL 1, (https://www.mql5.com/en/signals/2163) "Traders S" BY: https://www.mql5.com/en/users/Set
START: 5/16/13 Settings: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:500 L) Signal is connected & has orders.
WARNING: THE SIGNAL PROVIDER PLACES ONLY SOME STOPS/LIMITS !!! , INCONSISTENT LOT SIZE.
THE GOOD: Profitable, good connection, Low Risk, Shows Rapid Grow
THE BAD: NO Stops/Limits, Inconsistent LOT size, Expert/Manual, Too Many Pairs,
5/21/13 Current: Balance:$1010 Equity: $1007 Closed: +$10, Open: -$2, TOTAL WIN: +$8
5/23/13 Current: Balance:$1043 Equity: $1043 Closed: +$43, Open: -$0, STATUS: WINING: +$43 (Low Risk)
5/30/13 Current: Balance:$1048 Equity: $1036 Closed: +$48, Open: -$12, STATUS: WINING: +$36 (Low Risk) Poor

SIGNAL 2, (https://www.mql5.com/en/signals/5818) "ToBeProfitable" BY: https://www.mql5.com/en/users/ghj876
START: 5/16/13 Setting: 20%/$4000/3, same(broker, Acc type, Start Balnce $5538 @ 1:100L) Signal is connected & has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACES STOPS !!!
THE GOOD: Profitable, good connection, Consistent LOT Size, Low Risk, ONE Pair Only,
THE BAD: NO Stops, Been carring a big lose for long time (I wonder is it is a system fault and I feel tempted to close it manualy)
5/21/13 Current: Balance:$5638, Equity: $5586 Closed: +$99, Open: -$52, TOTAL WIN: +$47
5/23/13 Current: Balance:$5672 Equity: $5605 Closed: +$134, Open: -$66, STATUS: WINING: +$68 (High Risk DrawDown)
5/30/13 Current: Balance:$5729 Equity: $5499 Closed: +$190, Open: -$229, STATUS: LOSSING: -$39 (High Risk) NO Good

SIGNAL 3, (https://www.mql5.com/en/signals/3303) "AdmiralFarekx2 " BY: https://www.mql5.com/en/users/Farekx
Started: 5/22/13 Setting: 20%/$500/3, same(broker, Acc type, Start Balnce $770 @ 1:500L) Signal is connected & has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS!!!
5/23/13 Current: Balance:$779 Equity: $741 Closed: +$9, Open: -$38, STATUS: LOOSING: +$29 (Mid Risk DrawDown)
5/30/13 Current: Balance:$819 Equity: $799 Closed: +$49 Open: -$19 STATU: WINING: +$30 (Mid Risk Draw Down Risk) Poor

SIGNAL 4, (https://www.mql5.com/en/signals/5171) "Ganesha Trades Micro and Std " BY: https://www.mql5.com/en/users/ganeshatrades
Started: 5/13/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:100L) Signal is connected & has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS or LIMITS on ALL the Orders!!!
THE GOOD: Profitable, good connection, Consistent LOT Size, Low Risk, 4 Pairs Only, THE BAD: NO Stops,
5/23/13 Current: Balance:$1044, Equity: $1001 Closed: +$44, Open: -$42, STATUS: WINING: +$2 (Mid Risk DrawDown)
5/30/13 Current: Balance:$1048 Equity: $1059 Closed: +$48 Open: +$11, STATUS: WINING: +$59 (Mid Risk DrawDown) Good

SIGNAL 5, (https://www.mql5.com/en/signals/1889) " Fxzsignals " BY: https://www.mql5.com/en/users/fxzsignals
Started: 5/11/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:100L) Signal is connected & has orders.
WARNING: SIGNAL PROVIDER DOES NOT PLACE STOPS, MANY PAIRS to TRADE, CARRING LOOSING TRADES for TOO LONG !!!
THE GOOD: Very Profitable, good connection, Consistent LOT Size, Low Risk, places good # of trades
THE BAD: NO Stops, It was carring bad looses for long time but I colsed them manualy. Tardes too many different Pairs
05/15/2013 signal is safe as drawn down concern. places a several trades a day and closes them when in profit. The current is + 131 . 13% gain in few days, that is good, isn't it?.
5/21/13 Current: Balance:$1188 Equity: $1194 Closed: +$188 Open: +$5 TOTAL WIN: +$194 (Almost 20% gain in 10 days)
5/23/13 Current: Balance:$1335 Equity: $1335 Closed: +$335 Open: $0, STATUS: WINING: +$335 (Low Risk DrawDown)
5/30/13 Current: Balance:$1518 Equity: $1518 Closed: +$518 Open: $0 STATU: WINING: +$518 (Low Risk DrawDown) V. Good

SIGNAL 6, (https://www.mql5.com/en/signals/5445) "Bergamot 4 " BY: https://www.mql5.com/en/users/woron55
Started: 5/30/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1017 @ 1:500L) Signal is connected has orders.
WARNING: SIGNAL PROVIDER DOES NOT PLACE STOPS or LIMITS,
THE GOOD: Profitable, good connection, Consistent LOT Size, Low Risk, places good # of trades, Only 4 Pairs
THE BAD: NO Stops,

SIGNAL 7, (https://www.mql5.com/en/signals/6698) "FinfinderAM" BY: https://www.mql5.com/en/users/Finfinder
START: 5/14/13 Settings: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:???L) Signal is connected & has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS or LIMITS, IT IS CARRING LOOSING TRADES for TOO LONG !!!
05/15/2013 start balance was $1000. The current is -$4.
5/21/13 Current: Balance:$1121, Equity: $986 Closed: +$121, Open: -$134, TOTAL WIN: -$13
5/23/13 Current: Balance:$988, Equity: $982 Closed: +$11, Open: -$5, STATUS: LOOSING: -$16 (BAD, High Risk DrawDown)
5/30/13 Current: Balance:$935 Equity: $935 Closed: -$64, Open: $0, STATUS: LOOSING: -$64 (BAD, High Risk DrawDown) BAD

SIGNAL 8, (https://www.mql5.com/en/signals/7142) "MBW Signals 1" By: https://www.mql5.com/en/users/mbwsignals
START: 5/15/13 Settings: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:100L) Signal is connected & has orders.
SAFE: THE SIGNAL PROVIDER PUT STOPS and LIMITS !!!
5/20/13 Signal is profitable, +$23 and carring one for -$0.48, size is consistent, so far so good.
THE GOOD: Profitable, good connection, Low Risk, small size, Signal Has STOPS/LIMITS, One Pair Only
THE BAD: Expert/Manual Trades but with consistent profits
This Signal is so good that I'm planiing to run it in Live Acc starting with $200 in a few days. (SIGANL is PROFITABLE)
5/23/13 Current: Balance:$1054 Equity: $1052 Closed: +$54 Open: -$1, STATUS: WINING: +$53 (LOW Risk DrawDown)
5/30/13 Current: Balance:$1076 Equity: $1074 Closed: +$76 Open: -$1, STATUS: WINING: +$75 (Low Risk DrawDown) V. Good

SIGNAL 9, (https://www.mql5.com/en/signals/5695) "EVGENIY EURUSD" BY: https://www.mql5.com/en/users/Shiryaev
START: 5/19/13 Settings: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:???L) Signal is connected & has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS or LIMITS !!!
5/20/13 I missed some trades, my terminal was not running, some signal where sent and were profitable at signal web page.
THE GOOD: Profitable, good connection, Size is consistent and Increasing, One Pair Only, Rapid Grow
THE BAD: No Stops/Limits visible
5/21/13 Current: Balance:$1026 Equity: $1026 Closed: +$26, Open: -$0, TOTAL WIN: +$26 (7 trades and all winners)
5/23/13 Current: Balance:$1104 Equity: $1104 Closed: +$104 Open: $0 STATUS: WINING:+$104 (Low Risk DrawDown)
5/30/13 Current: Balance:$1204 Equity: $1204 Closed: +$204 Open:$0 STATUS: WINING:+$204 (Low Risk DrawDown) V. Good

SIGNAL 10, (https://www.mql5.com/en/signals/7719) "Real Expert" BY: https://www.mql5.com/en/users/vrsi
START: 5/21/13 Settings: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:100L) Signal is connected & has orders.
SAFE: THE SIGNAL PROVIDER PUT STOPS and LIMITS !!!
5/23/13 Current: Balance:$998, Equity: $998 Closed: -$2, Open: -$0, STATUS: LOOSING: -$0 (Mid DrawDown)
5/30/13 Current: Balance:$985 Equity: $985 Closed: -$14 Open: $0, STATUS: LOOSING: -$14 (High Risk DrawDown) NO Good

SIGNAL 11, (https://www.mql5.com/en/signals/5415) "SCALPER PRO" BY: https://www.mql5.com/en/users/nelu3m
Started: 5/22/13 Setting: 30%/$4000/3, same(broker, Acc type, Start Balnce $5000 @ 1:100L) Signal is connected & has orders.
SAFE: THE SIGNAL PROVIDER PLACE STOPS or LIMITS on ALL the Orders!!!
THE GOOD: Profitable, good connection, low LOT Size, Low Risk, 5 Pairs Only,
THE BAD:
5/23/13 Current: Balance:$5009, Equity: $5011, Closed: +$9, Open: +$1, STATUS: WINING: +$10 (Low Risk DrawDown)
5/30/13 Current: Balance:$5080 Equity: $5076 Closed: +$80 Open: -$3, STATUS: WINING: +$77 (Mid Risk DrawDown) Fair

SIGNAL 12, (https://www.mql5.com/en/signals/5543) "Nemser ATS" BY: https://www.mql5.com/en/users/nemser
Started: 5/23/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:500L) Signal is connected & has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS or LIMITS,
THE GOOD: good connection, low LOT Size, Low Risk, 1 Pair Only,
THE BAD: No Stops/Limits visible
5/23/13 Current: Balance:$970, Equity: $989, Closed: -$29, Open: +$19, STATUS: LOOSING: -$10 (Low Risk DrawDown)
5/30/13 Current: Balance:$976 Equity: $974 Closed: -$23 Open: -$2, STATUS: LOOSING: -$25 (High Risk DrawDown) NO Good

SIGNAL 13, (https://www.mql5.com/en/signals/7283) "Exp TickSniper REAL" BY: https://www.mql5.com/en/users/Vladon
Started: 5/24/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:500L) Signal is connected has orders.
SAFE: THE SIGNAL PROVIDER PLACE STOPS or LIMITS,
THE GOOD: good connection, low LOT Size, Low Risk, 3 Pair Only,
THE BAD:

SIGNAL 14, (https://www.mql5.com/en/signals/5994) "PrSi " BY: https://www.mql5.com/en/users/Stepann
Started: 5/24/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:500L) Signal is connected & has orders.
WARNING: THE SIGNAL PROVIDER PLACE STOPS or LIMITS on SOME ORDERS ONLY, Expert Adviser and Manual
THE GOOD: good connection, low LOT Size, Low Risk, 3 Pair Only,
THE BAD: Some No Stops/Limits are not visible

SIGNAL 15, (https://www.mql5.com/en/signals/3862) "WOM IQ trader Medium" BY: https://www.mql5.com/en/users/ilshatrb
Started: 5/23/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:500L) Signal is connected has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS,
THE GOOD: Profitable, good connection, low LOT Size, Low Risk, 1 Pair Only,
THE BAD: No Stops/Limits visible
5/23/13 Current: Balance:$1019, Equity: $1018, Closed: +$19, Open: -$1, STATUS: WINING: +$18 (Low Risk DrawDown)
5/30/13 Current: Balance:$1052 Equity: $1030 Closed: +$52 Open: -$23, STATUS: WINNING: +$30 (Low Risk DrawDown) Fair

SIGNAL 16, (https://www.mql5.com/en/signals/7827) "Para" BY: https://www.mql5.com/en/users/para
Started: 5/22/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:100L) Signal is connected has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS,
THE GOOD: Profitable, good connection, low LOT Size, Low Risk, 1 Pair Only,
THE BAD: No Stops/Limits visible, too many pairs
5/23/13 Current: Balance:$979 Equity: $966 Closed: -$20, Open: -$13 STATUS: LOOSING: -$33 (Low Risk DrawDown) BAD
5/30/13 Current: Balance:$950 Equity: $992 Closed: -$49 Open: +$41 STATUS: WINNING: +$8 (High Risk DrawDown) NO Good

SIGNAL 17, (https://www.mql5.com/en/signals/7710) "Trade Booster" BY: https://www.mql5.com/en/users/alpari89
Started: 5/22/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:100L) Signal is connected has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS or LIMITS !!,
THE GOOD: good connection, low LOT Size, Low Risk,
THE BAD: No Stops/Limits visible, many pairs
5/23/13 Current: Balance:$1005, Equity: $990, Closed: +$5, Open: -$15, STATUS: LOOSING: -$10 (Low Risk DrawDown) BAD
5/30/13 Current: Balance:$1017 Equity: $936 Closed: -$17 Open: -$81 STATUS: LOOSING: -$64 (High Risk DrawDown) BAD

SIGNAL 18, (https://www.mql5.com/en/signals/8212) "Aaafxsignals" BY: https://www.mql5.com/en/users/fxbest
Started: 5/30/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:100L) Signal is connected has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS!!,
THE GOOD: good connection, low LOT Size, Low Risk,
THE BAD: No Stops visible, many pairs
fxmechanic
fxmechanic
SIGNALS DOMPED:

SIGNAL X, (https://www.mql5.com/en/signals/5926) "Go up 2" BY: https://www.mql5.com/en/users/tradelambe
I'm running this signal with the same broker in demo, it places many siganl a day and it is profitable.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACES STOPS !!!
UPDATE 05/10/13: I went into every open order, and found that sometimes the order are repeated. Also found that some orders are already cloused at the providers page, but in my platform are still open, Be Careful at your discretion.
05/15/2013 signal counter trade too much and too many pairs, it when as fas as minus -$300 in a $1000 balance account but it is making small recoveries and small profits
5/17/13 I reached the end of my patient, account is -$572 and sinals are still trying to enter counter trading orders. this is just aonther "PIECE of CRAP", just like some other usless signals.
5/21/13 This Signal is TRASH, but I am playing with the settings to see if I can prevent this to happen to other accounts.
LAST: Signal was doing good to some point, then it statred to rapidly lose, way too many trades and bad manegment.

SIGNAL X, (https://www.mql5.com/en/signals/6520) "Black pip 2" BY: https://www.mql5.com/en/users/BLACKIN
Finally, after some struggle I got the signals from Black pip 2 trough. I hope for the best
UPDATE: 05/10/2013, the signal was not working well, I re-started the signal from a new demo Acc. same broker, same Acc type, Start Balnce $1000 @ 1:500 Lev, let's see if it works this time
LAST Signal was on 05/08/2013, now it is 05/15/2013 and NO SIGNALS are SENT.
LAST UPDATE: Never got the signal and now is from FREE to $500, no way I can pay this much for a signal.

SIGNAL X, (https://www.mql5.com/en/signals/5803) "ALPARI" BY: https://www.mql5.com/en/users/iw2ktl
I got the ALPARI Signal and it is working good in my demo, good signals and is profitable
UPDATE 05/10/13: Becouse inconsinstance in my computer, I will continue testing with same account, same type, same broker. Currently the signal is profitable in closed trades, but is loosing big in open trades that is carring for long time, let's see if it recovers over time.
05/15/2013 BAD NEWs, the Signal is counter trading baddly, I see my demo balance of $1000 going minus -$400 on just 8 trades of 3 micros each. the drawn down is too much.
NOT good, way too much draw down, in a $1000 it reached almost -$500 negative

SIGNAL X, (https://www.mql5.com/en/signals/6822) " World Class" BY: https://www.mql5.com/en/users/eimarlember
Started: 5/13/13 I'm running this signal with the same broker in demo but provider is LIVE, slow action, 5 trades only, all the same, 3 big closed looses and carring 2 looses.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS or LIMITS, IT IS CARRING LOOSING TRADES for TOO LONG !!!
05/15/2013 start balance was $1000. The current is -$102. LOOKS Like system is Manual Only
5/21/13 -$125 in total looses. VERY Slow trading. Not Profitable in short term
5/23/13 Current: Balance:$812, Equity: $812 Closed: -$187, Open: -$0, STATUS: LOOSING: -$187 (BAD, High Risk DrawDown)
5/30/13 Current: Balance:$812 Equity: $812 Closed: -187$, Open: $0, STATUS: LOOSING: -$187 (High Risk DrawDown) BAD
LAST: 5/30/13 Signal was removed for ineficiency, BAD Signal

SIGNAL X, (https://www.mql5.com/en/signals/4358) "High profit" BY: https://www.mql5.com/en/users/azerbaijan
Started: 5/23/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:500L) Signal is connected has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS
THE GOOD: good connection, low LOT Size, Low Risk, 3 Pairs Only,
THE BAD: No Stops/Limits visible
5/23/13 Current: Balance:$1000, Equity: $989, Closed: +$1, Open: -$11, STATUS: LOOSING: -$12 (Low Risk DrawDown)
5/28/13 Current: Balance:$1017 Equity: $1017 Closed: +$17 Open:$0 STATUS: WINING: +$17 (Low Risk DrawDown) NO Good
LAST: Canceled by the system, did not continue

SIGNAL X, (https://www.mql5.com/en/signals/6078) "GALA v_05_1000 " BY: https://www.mql5.com/en/users/shorohov
Started: 5/23/13 Setting: 20%/$700/3, same(broker, Acc type, Start Balnce $1000 @ 1:500L) Signal is connected has orders.
WARNING: THE SIGNAL PROVIDER DOES NOT PLACE STOPS or LIMITS,
THE GOOD: Profitable, good connection, low LOT Size, Low Risk, 1 Pair Only,
THE BAD: No Stops/Limits visible
5/23/13 Current: Balance:$1015, Equity: $1015, Closed: +$15, Open: $0, STATUS: WINING: +$15 (Low Risk DrawDown)
5/30/13 Current: Balance:$806 Equity: $806 Closed: -$194 Open: $0, STATUS: LOOSING: -$194 (High Risk DrawDown) BAD
LAST: Canceled by the system, did not continue
fxmechanic
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