Cloning an EA and improving it I believe would be a gift to all mankind… Cloning an EA, improving it and selling it… well that’s debatable… Cloning an EA WITHOUT any improvement what so ever is a cardinal sin in forex EA…
Don’t know about you guys but the third scenario in my books it is just not nice… It’s not nice to the original developer and it’s not fair to the end user… What this EA is, is a knock-off, reversed engineering and flogging it off with a missing letter to the brand… it’s like selling a knock-off shoe of adidas call adibas.
Anyway… here is my story… a few days ago I got an email from someone… he did not care to leave his/her name at the end of the email… asking me to test out his EA.
I thought like wow… that’s great. I thought I had regain back my reputation as a tester after months of losses on my account… so happily I downloaded the EA, upzip it and thought I would get to work right away…
To my surprise, this guy/gal send the files to me in mq4 format… I mean he/she send to me the raw source code!! Again I was wow-ed… save me the trouble of decompiling to just to see what was this EA all about…
To my surprise… it was a CLONE!
I was very familiar with this Clone and I mean very familiar… At first I thought it was a joke… I mean seriously… if the developer did approach me to test out his/her EA, I believe he would have at least read my blog… and what I have been up too…
But the first thought that came to my head was that… I should give him/her the benefit of the doubt… why? Firstly… I believe he/she would have read my blog. Secondly for him/her to send to me the EA in mq4 format means that he/she might be new to the EA world… and got conned by his/her programmer.
I mean… hey… this was not the first time it happens… like Peter Liburd of Forex Transformer… (Transformer got Decepti-CONned?)
So before I jump into any conclusion, I wrote to the developer and ask for clarification. I told him my thoughts and that the EA he/she sent to me was a clone and that if he/she was innocent, he/she might have been conned and he/she should report his/her case.
But I was very surprise by his reply… So I wrote to him/her again because I just could not understand, his/her angle… I told him that I would not test his EA because I have tested the original EA… and that for me to write something about it would mean scrutinizing from all forum, blogs and what not…
Again his/her reply was very puzzling… So I though… What the hell… I’ll write about it
The up and coming EA is Cardinal FX. (www.CardinalFX.com) At the time of this writing, the EA is going to be launched in 3 days time which is the 1st November 2009.
And it is a clone of DragonPips or Thunder4WD
And below is the email between me and this developer…
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Well… he did say write whatever I thought was fair… I mean how to be fair…
One thing though from the email, I can not interpret whether he/she knows what he/she was getting into or not? Oh well… whatever it was it’s not my business…
My business is to trade with EA and write what I see…
All I can say now is, all the best of luck dude/dudette … while I did not do a review on your EA, at least I give you some exposure.










Not really funny. But more than hilarious! The dude/dudette should have name it Oxymoron EA.
the commercial BS EA industry is digging its deeeep grave..
This cardinalsucker is an example how desperate 95% of the forex traders are. No success with trading, no success with creating something new regards robots and no success with selling BS.
That’s fine for serious account managers
Here are my demo portfolio:
http://www.myfxbook.com/members/pc8multifx/pcv8multi/3305
http://www.myfxbook.com/members/pc8multifx/trend2multiok-1/3311
http://www.myfxbook.com/members/pc8multifx/pcmax8multi/3400
http://www.myfxbook.com/members/pc8multifx/pcmaxmulti1-nanolot/3757
http://www.myfxbook.com/members/pc8multifx/pc-u-j-max/4371
http://www.myfxbook.com/members/pc8multifx/pc-max-v8-multi/4377
@Onur… Dude!! you keep teasing my site with your ea performances… when u going to share it with me?? i promise to be good… i can be ur best friend, your client, your customer, your guinea pig, your he-bit(h, your hoe… what ever u want me to be… as long as i get a taste of ur ea…
Hmmm…. sounds desperate doesn’t it? Oh well… it was worth a try…
Maybe Onur never reads the Comments (after he posts his own). I suggest you keep an eye on those links above and write a “review” of what you have seen on OnurĀ“s link. He certainly reads your articles.
Don’t worry J Santos, whenever the time allows i read the comments and I m in touch with Casey via email too
BTW, good idea to write an review about my managed ( demo) accounts. Gracias!
Casey can u plz add a edit function to the posts? I dont like to see my tipos…:-)
@Onur… I am not sure how to do this with wordpress… maybe you need register in order for that function to be available to you…
Actually come to think of it… I can’t even edit my own comment from the front end… I can only do this on the back end… maybe there is a wordpress plugin for that…