Forex Growth Bot (by fxgrowthbot) Quick Stats
Gain: +2644.71%
Drawdown: 94.46%
Pips: 8075.5
Trades: 2881
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

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Forex Growth Bot Discussion
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cgasucks

Member Since Jan 26, 2013  31 posts cgasucks Nov 02 2015 at 16:10
Seems so....since the developers themselves aren't supporting it anymore this EA is truly dead. At they quit when they are out on top.

nakanishi

Member Since May 29, 2012  46 posts calvin (nakanishi) Nov 03 2015 at 07:23

reitred at 40
Chrisstoff

Member Since Aug 22, 2009  27 posts Chrisstoff Nov 03 2015 at 10:59
nakanishi posted:
https://www.myfxbook.com/members/nakanishi/grid-master-final/1233924

Do you also have a MyFxBook proved live account statement to show beyond doubt your system is successful?

Aplmustdie

Member Since Jul 05, 2011  302 posts Aplmustdie Nov 03 2015 at 16:59
It's a grid. Stay away from grids. They look great until they fail. Unfortunately, they always fail and take all those lovely gains. There is a reason you don't see running examples on accounts for many years.

RedRhino

Member Since Sep 09, 2013  471 posts frank (RedRhino) Nov 13 2015 at 09:10
Aplmustdie posted:
It's a grid. Stay away from grids. They look great until they fail. Unfortunately, they always fail and take all those lovely gains. There is a reason you don't see running examples on accounts for many years.


I know most systems will fail without some sort of equity protection or stoploss, so I don't see a grid being any factor to the long term success of a system. Success or failure has and will be about risk management and not necessarily the strategy.

The forex growth bot has performed well during long periods of times from the implemented stoploss. Just imagine the system without the stoploss surprise

Know Your Risk Per Trade
nakanishi

Member Since May 29, 2012  46 posts calvin (nakanishi) Nov 14 2015 at 13:47
RedRhino posted:
Aplmustdie posted:
It's a grid. Stay away from grids. They look great until they fail. Unfortunately, they always fail and take all those lovely gains. There is a reason you don't see running examples on accounts for many years.


I know most systems will fail without some sort of equity protection or stoploss, so I don't see a grid being any factor to the long term success of a system. Success or failure has and will be about risk management and not necessarily the strategy.

The forex growth bot has performed well during long periods of times from the implemented stoploss. Just imagine the system without the stoploss surprise


Greedy trader who wanna double their account using grid system will simply go broke. The problem is not with or without stoplost.

reitred at 40
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