Forex Growth Bot

Gain : +2644.71%
Drawdown 94.46%
Pips: 8075.5
Trades 2881
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

Forex Growth Bot Discussion

Dec 20, 2010 at 23:46
248,176 Views
3,525 Replies
Member Since Jan 31, 2011   724 posts
Sep 09, 2011 at 19:04

walker36 posted:
    TP<15pip %90 modelling quality does not mean anything.

if TP<15 pip you should BT with %99 modelling quality

https://eareview.net/tick-data
read that



Also a very good point. Since the TP is less than 15pips....using anything less than tick data renders the whole test invalid.
anglican
forex_trader_47249
Member Since Sep 09, 2011   3 posts
Sep 09, 2011 at 19:19
to RalFxify

1,7% loss trades look very nice. I´ve seen many EAs for Forex, 99% of them are scam.
I haven´t seen the details yet (entry points), however, it looks really nice. The quality modeling isn´t as important as we think, 90 per cent is enough (because of slippage on real accounts, blackouts and so on). Even 99% differs from reality. That is why you need cca 1 000 trades to evaluate your EA.
Last questions:
1) Do you need to optimize this EA?
2) Did you use Adaptrade Builder (or something similar) to build it?

Thanks
Member Since Jan 31, 2011   724 posts
Sep 09, 2011 at 19:24

RalFxify posted:
    
Does fgb show you 99% quality backtest. Do you know of any popular EA that shows 99% quality backtest. There is a difference b/w bots that execute on every tick and every new bar. If an EA executes on every tick then a 99% backtest is best to show past perfromance . But my EA executes on every new bar therefore tick data is not needed. You need to study mq4 documentation and understand how the mt4 strategy tester works.

I did a 99% tick test on my settings....in the past few months....they netted around.....+15,000 pips. Is very hard to test my setup and get an accurate assessment though.

Oh yeah....today....16 trades, 2 losers (-88pips and -82pips)....ended with a net gain of +120pips. Another good day.
Member Since Aug 28, 2011   1 posts
Sep 09, 2011 at 21:08
Member Since Jun 26, 2011   45 posts
Sep 10, 2011 at 01:59

cnsnmrt posted:
    Hello,
Great system, congratulations. Could you please share with us or how can we buy?

Thanks.

Haha... This robot is desperating. Its behavior is terrible, despite that in the long term is a winner.
Most of the trades that begin being profitable trades, finally closes with losses. Many times I can see trades that are winning 40...50...80 pips, but the robot wait more time than the logical indicate, to close finally those trades with losses
Member Since Mar 04, 2011   286 posts
Sep 10, 2011 at 06:56 (edited Sep 10, 2011 at 06:59)
why every one sounds senseless.
vendor knows when and how to make changes .. im sure it will be updated soon coz every bot needs modification after few time to get it work according to market condition.
all you are talking make money with FGB now if market conditions are changed then calm down new update will be out (hope so very soon)

actually the entry of FGB is 75% to 85% correct just need some extra coding in it for trail stop, trend or support resistance checking..

im sure some of good traders are still using FGB with their external EA or manual conformation.

if you do simple setups like use it with trail stop EA it will give you good response and will not lose that much money and at the end you gain not lose..

its been already discuss 100 of times on the forum how to use trail stop ea.
just if you use external ea or do manual
then you must enable manual setting on FGB .. other wise you have to restart every time (thats why ppl face lot size issue)

actually we are unable to BT with two EA other wise i would show you the BT of FGB with trail stop EA>

or try to be smart like <b>fughe</b> and make your own setting with FGB.

i personally checked FGB with trail stop EA (long ago when 1st we face this prob that FGB entry is good but exit is to bad.)
and it give really good result. try to be smart not dumb.
Member Since Nov 23, 2009   35 posts
Sep 10, 2011 at 07:31
I am using FGB with default settings and without another trailing EAs. I am sure it is normal that FGB has got bad times cause it is not Holy Grail and in backtest R these sessions normal. You will see.
Member Since Jun 26, 2011   45 posts
Sep 11, 2011 at 01:50
Why this robot wait so long for to take profits? most of the profitable trades finally closes with losses. I think that the developer of this robot would have to improve that defect.
It is unacceptable to have so many trades starts being profitable but finally end being losers due to the bad strategy used by the developer to take profit.
Member Since Jan 20, 2011   18 posts
Sep 11, 2011 at 07:15 (edited Sep 11, 2011 at 07:19)
Look my New FGB Settings Result for Current Market conditions
https://hotfile.com/dl/129525401/2236e14/FGB_Settings
Member Since Jan 20, 2011   18 posts
Sep 11, 2011 at 07:16 (edited Sep 11, 2011 at 07:20)
Very Nice Profits...
Member Since Jan 20, 2011   18 posts
Sep 11, 2011 at 08:52
See the result of FGB settings for Current Market situation.....https://hotfile.com/dl/129530859/6cbed04/FGB_My_Settings_Proof
Member Since Nov 23, 2009   35 posts
Sep 11, 2011 at 12:30
Will you share your settings? I guess not.
Member Since Jun 26, 2011   90 posts
Sep 11, 2011 at 22:50
Hehe it's amusing to see how many people have already given up on FGB as is. C'mon people, this isn't THAT bad yet! I'm guessing a lot of people have already stopped it on their accounts, now right after a drawdown period, just to miss out on all the profits that are just around the corner. This could be the perfect time to TURN IT BACK ON!
RPP123
forex_trader_18908
Member Since Sep 24, 2010   45 posts
Sep 12, 2011 at 01:08

MaximCapital posted:
    See the result of FGB settings for Current Market situation.....https://hotfile.com/dl/129530859/6cbed04/FGB_My_Settings_Proof

your BT is worthless,

try to BT on 99% tick data.
Member Since Mar 31, 2010   79 posts
Sep 14, 2011 at 12:27
does anybody have a long trade?
Member Since Jun 22, 2011   70 posts
Sep 15, 2011 at 10:50
yes i got 1 yesterday
Member Since Jun 15, 2011   270 posts
Sep 15, 2011 at 11:01
I ve got 2. First sell than buy...
Member Since Mar 31, 2010   79 posts
Sep 15, 2011 at 11:16 (edited Sep 15, 2011 at 11:16)
the vendor seems to stopped publicate results
Member Since Aug 05, 2011   1 posts
Sep 15, 2011 at 17:09
Big losses today even with Compuforex Trail (default settings). This bot sucks more and more ... What are they waiting to post an update ???
Member Since Jan 31, 2011   724 posts
Sep 15, 2011 at 17:39
I am up about +60 pips so far today. one open trade (long) slightly negative still.
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