JMB Profit Machine

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TBBOB

Fighting online scams since 2020

Scam warning: JMB Profit Machine

In this article we are going to review a new binary options scam called “JMB Profit Machine”, it is presented by Jonathan Mark and Matt Silver.

Table of Contents

What is the JMB Profit Machine about

Silver and Mark have a video presentation in which they are trying to make you believe that they programmed a very profitable binary options trading system.

It supposedly is very powerful because it uses cloud processing with computer clusters.

They present a lot of testimonial with people all around the world saying they could quit their job thanks to JMB Profit machine earnings.

Why it is a scam

There are several indications that JMB Profit Machine is not real, like fake bank account statements, fake trading account statements and fake testimonials with paid actors. But instead of showing the proofs image by image, it is much easier and faster to pinpoint the most important part of their Site Agreement.

It says: “The videos displayed on the Website are provided for informational and promotional purposes only and should not be relied upon in making decisions and are for simulation only by using actor(s) and demo accounts.”

So by fear of being prosecuted they admit they their video presentation is just a movie with simulated results and paid actors. They use the movie to convince you to join their program, but they don’t say in the movie that it is just a fictional story. That is why JMB Profit Machine deserves the label of a scam.

Surprise! What is the first thing you have to do?

You can read the rest of their Agreement, as well as the Risk Disclaimer, and you will see that they cannot promise or guarantee an income.

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The real story behind the JMB Profit Machine is that Mark and Silver will get commissions for every binary options trader they refer to their brokers. That is why the first step they want you to do is to open a trading account and deposit money.

There is a very high probability that if you do that, you will then lose your deposit in trading with their system.

Conclusion

It really makes us sad how some people abuse binary options for their own profit. Trading with binary options is like trading stocks or Forex, you can make money, but you first have to learn trading.

Binary options are much easier to understand than other financial instruments, but there is still a risk involved in trading, you can make money, but you can also lose money. You have to know that before you start trading.

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Item Name: JMB Profit Machine

JMB Profit Machine Website: JMBProfitMachine.com

JMB Profit Machine CEO: Jonathan Mark and Matt

JMB Profit Machine Cost: FREE

550# Forex Profit Machine

Advanced Metatrader 4 algorithm

Submit by Janus Trader 24/10/2020

Forex Profit Machine is a trading system for scalping, intraday and swing trading based on advanced indicator Boc builded with Dema, Parabolic Sar and Stochastic modified. This system generates good signals for trading.

Time frame 1 min or higher.

Financial market: all

Session 1min and 5 min 8:00-20:00 GMT Berlin, for other time frame 00:00 24:00.

Boc setting description

Use_DEMA – is responsible for the use of the system component called

i-DEMA (modified moving average) during the formation of the signal.

Possible positions: «Yes» (true) – used or “no» (false) – not

use. If this component is included, the system will generate

signals only in the direction of the existing trend in the following period.

The trend will be formally considered finding a price on one side

signal line. I-DEMA over priced – down trend, a price – the trend is up.

Draw_DEMA – this parameter is responsible for displaying the i-DEMA on the chart.

Accordingly, in the «true» state we see the appropriate line on the

graphics, and when it is turned off «false» i-DEMA drawn on the chart will not be, but will participate in the formation of calculations and signals.

DEMA_period – this parameter is responsible for the period i-DEMA in days. more

period, the more “slow” to the signal line, the slower and smoother

will reigarovat signal line on price changes. The relevant

part look at specific examples. It is not recommended to change the parameters

without the need.

R2 – is responsible for displaying the modified parabolic on

chart. Possible positions: «Yes» (true) to display the graph or “no”

(False) do not display. This component is not disconnected, and does not require

setting, although this is available.

R2_step – step price change (conversion). The recommended value of 0.02. how

Typically, to set to work on any TF does not need.

R2_AFmax – measure acceleration, a step change in the price at the close of

position, the recommended value of 0.2 and is suitable for use on any

Use_Stoch – modified Stoshastic Oscullator. This parameter is responsible

for participation in the formation of the modified stochastic system signals.

«True» – means to take into account the stochastic and «false» informs the system that you do not

You need a signal filtering through stochastic and his testimony is not

taken into account in the formation of the signal.

This component of the system checks if all other signals

we came out of the overbought or oversold K spark back.

Stoch_K – the number of candles (bars) after exiting the critical zone

(LevelSell or LevelBuy), which assume stochastic signal is valid.

Stoch_D – Period D stochastic, fast moving line in the settings

indicator 2 by default.

Stoch_S – slowing stochastics, the default value of 3.

Stoch_N – season N stochastics, slower main line, has

a longer period, the default value of 12.

LevelSell – overbought level in% (for confirmation of sales).

LevelBuy – if you specify -1, the rate is calculated based on the level of the Sell,

In our example, the stochastic oscillator levels are located at elevations

75 and 25%. If we change LevelSell level of from 75% to 90%, for example, level,

in which stochastics will automatically generate a component signal

shopping will be 10%. 80% – 20%, and so on.

Modified Stochastic is not displayed on the system terminal

several reasons, one of which is the desire to maintain system poster

maximum graphics workspace free. You can, if desired

Apply standard Stochastic with parameters 12, 2, 3, and set the levels,

that you want to monitor.

Filter I-Gentor LSMA-EMA: default setting, optional for time frame higher of 1 min

Rules Forex Profit Machine

Buy arrow of Boc

I-Gentor LSMA-EMA green and blue line

Sell arrow of Boc

I-Gentor LSMA-EMA red and yellow line

Exit position is discretionary.

In the pictures Forex Profit Machine in action.

JMB Profit Machine

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