A few hours ago I received an e-mail about this system:
Forex Trading Apprentice
First I would like to say that is quite hard to remember such name - especially if you would like to get to the right website - maybe they are not the legitimate one and is just a scam? hmmmm - good question.
Ok - let's go on and see what they got. Opt In form on the website so they can mail you later with different offers. After I opt in it sends me to closed webpage (BANG +1).- which means that they had already promoted their product or now they even prepare something new or I received the e-mail which was somewhere on automatic stack of messages. Al right - since I am here let me search all I can about that website maybe I can find something
First I closed a few times the website to see where will I go - as expected pop up scripts at exit to get my e-mail. And so on trying different e-mail finally a FREE Gift came - there are good people on this Earth - LOL.
If you are looking for it just opt in on the 2nd exit pop up - not first and you will go to a page named 100 Pips Forex Domination System. By the way I will share a technique with you how to get to those pages without opt-in, in some later posts - it is very easy - and you will be very happy after that - trust me - I am an Engineer LOL.
OK back to my stuff - downloaded it. Got 3 indicators there, one pdf and a template file. These are the indicators:
100pips Momentum
100pips Power
100pips Trend
3 simple indicators that are coded in a nice way and looked to be easy to implement. One thing - I did not see the name of the coder there - so is unknown who done them.
PDF file : 100pips.pdf created on 28 of August 2011 and modified on 1st of February. This PDF is from Alberto Pau, Ron J. Wills and the rest of the FTATeam. Have no idea who they are.
Now - in instructions from PDF there are some errors like :
Copy all indicators (100pips1.ex4, 100pips2.ex4, 100pips3.ex4) to your MT4\expert\indicators directory while in the zip you have no such files. BANG +2. After that the description is better, with the right names - but only for the next 5 lines. Then there is an image with those indicators - I hope they are 🙂 - but the names and arrows are saying ORACLE MOVE, STRENGTH and DIRECTION. (BANG +3). Either it is stolen either I don't get something. In the next page are sell and buy rules - very easy rules:). And nothing else - actually I like this kinds of docs - it's nice that you go straight to trading rules.
Looking at them I understand that is very easy to make an EA following those rules
- I probably would need few hours of coding and few hours of testing for best parameters.
Cons: - website is not professional, errors in pdf, no terms of use and other links on webpage - only e-mail grabbing opt in forms. Video on Youtube. Probably a non professional guy is trying to make some money from other system - but I am not sure about that.
Pros: - give away of the very simple system with 3 indicators which I think they will sell as an EA after that. That system if is nice could bring some profit if adding the right money management there :).
Conclusion: too many question marks - I will not advice to buy it, just avoid for moment and use their free system. And google their content and just try to learn all of those subjects individually.
After searching on internet I saw that they are for 6 months around on internet, and their total costs of the program comes to $1,000 which I think is quite a lot of money for such unprofessional maintenance of website and hosting videos on YouTube (Or maybe their website got hacked - who knows). I will not advice to buy it - instead just google the package content and learn it yourself - there are a lot of example on internet, and try their free gifts to see if they work.
Good Luck
