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Re: Tips To Avoid Scammers On The MQL5 Market

22
ionone wrote: Thu Jul 10, 2025 6:15 pm another big scam is LuxSignals

they show perfect reversals like these ones :
screenshot.1212.jpgscreenshot.1211.jpg

but it's only overfitted

the real signals look more like that :

screenshot.1211.jpg
not the same deal
but this video shows that after optimizing/overfitting you get awesome signals !
Shocking. Are those muppets related to LuxAlgo? Because LuxAlgo make really good codes.
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Re: Tips To Avoid Scammers On The MQL5 Market

24
Most likely not, because the market is chaotic
in a non-deterministic way, meaning it has
the stochastic characteristics similar to the Markov process.
But on the other hand, it differs from random walking
because e.g. it has constraints on both sides in the form
of strong resistances and supports resulting from external
conditions e.g. macro and/or micro economics (unless
it is a completely speculative instrument, i.e. detached
from reality, such as cryptocurrencies).

In other words, it is an open system with too many
external, sometimes completely unpredictable degrees
of freedom (which are macro data, often random
political decisions, accidents like spilled coffee on a keyboard
delaying the entry of a market-moving order at some
large financial institution, etc.). However, the market also
has a certain inertia, which manifests itself in the existence
of e.g. trends that can be exploited...

However, a less ambitious project is interesting:
could AI ad hoc select optimal parameters,
e.g., for a trading system used?


Re: Tips To Avoid Scammers On The MQL5 Market

29
now we have plethora of fake ads with famous people saying nothing that ever aired anywhere

they make them talk like they really said it, and only a trained ear like myself could decipher that it's a fake ads (also the very unreasonable returns announced)

be prepared for an apocalypse of fake ads promising unreal returns.... it will be worse and worse because people won't see the difference.

I heard also that they can clone any voice and even phone numbers. that's another type of scam (the "kidnapping" scams)

you gotta be prepared for the worse
These users thanked the author ionone for the post (total 2):
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Scalping the Century TimeFrame since 1999

Re: Tips To Avoid Scammers On The MQL5 Market

30
wojtek wrote: Fri Jul 11, 2025 8:37 pm OK, but it has a huge memory and high analysis speed.
For example, if it knows the exact graph of an instrument
from the last few years, can it predict what will happen
at any given moment on the M1, H1, or D1 scale?
Can it find some universal patterns we don't see, etc.?
you can already do that, it's called Genetic Optimizing.
Scalping the Century TimeFrame since 1999