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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

LivenFX
Feb 10 2012 at 13:49
39 posts

   caddilac posted:
   My robot opens only 5 trades. R U running more instances of fgb at the same time (according the picture)? Did you sell 18 lots? WoW!!!
it is just DEMO account....I got 5mil credits to 'play' with.😈
running just 1 instance FGBot associated to one pair of euro usd. That picture was an EA of trailing stop.

https://www.donnaforex.com/forum/index.php?topic=3193.0
LivenFX
Feb 11 2012 at 04:37
39 posts
You [all] should have close the trades manually, especially during Friday session.
take the profits trending, and move on.
The impact is pretty hefty, in this particularly 5 trades opened still active...good luck to the real acc investors.
cntalbert
Feb 11 2012 at 06:41
2 posts
When to take profit? When the trade change direction or do u increase your exit points in the direction of the market move?
LivenFX
Feb 11 2012 at 13:56
39 posts
whenever you 'think' is enough at the time, take it. greedy is bad. emotional is worse/worst.
these trades are open for short term gain purpose, no point to let them hung over [night], unless you knew what you are doing.
The EA is works on MT15 time frame, so.....it explains. Would be very nice, if FGBot improves the closure algorithms. 😄
MetaCoder
Feb 11 2012 at 16:35
126 posts
Vendors Sell Dumbed down version of their EAs. I am working on using the Channel Commodity Index to develop a good exit strategy for the Bot. If you have a good exit idea feel free to PM me to have it Coded.
forexulf
Feb 12 2012 at 20:04
4 posts
Can anyone tell if this strategie shows the FGB working with the default settings? Has this been discussed? If it´s just default settings?
forextraveler (memforex)
Feb 13 2012 at 06:44
119 posts

   forexulf posted:
   Can anyone tell if this strategie shows the FGB working with the default settings? Has this been discussed? If it´s just default settings?

everything default, check smartexit must be = true
forextraveler (memforex)
Feb 13 2012 at 06:48
119 posts
look at this : I didn't touch enything, this crap has been produced from the ea :

https://www.myfxbook.com/members/prototipo/prototipo2001/159456

this EA doesn't work, from august (5 month) in big loss.
 take a look

WinnerTakeItAll
Feb 13 2012 at 07:13
14 posts

   prototipo posted:
   look at this : I didn't touch enything, this crap has been produced from the ea :

https://www.myfxbook.com/members/prototipo/prototipo2001/159456

this EA doesn't work, from august (5 month) in big loss.
 take a look


I personal disagree with you. Using the EA for +- 3 weeks on a live account (AlpariNZ)and have made more than the EA costed + sum. I know this is a short time, but all trades are the same as here.
I will post again +- 1 month from now to give more comments.
 
forextraveler (memforex)
Feb 13 2012 at 08:05
119 posts
I have a forward test of more 5 months, what 3 weeks??? 3 weeks is nothing!!

My forward test is there and talk to itself...
Ruben
Feb 14 2012 at 09:47
24 posts

   prototipo posted:
   I have a forward test of more 5 months, what 3 weeks??? 3 weeks is nothing!!

My forward test is there and talk to itself...

Maybe I'm missing something, but what's wrong with a 53% gain in 10 months?
forextraveler (memforex)
Feb 15 2012 at 08:08
119 posts
They cheat the account operating manually, this isn't the real performance of the ea.
Look at my account... I never touched it, there's a big difference.
WinnerTakeItAll
Feb 15 2012 at 08:29
14 posts

   prototipo posted:
   They cheat the account operating manually, this isn't the real performance of the ea.
Look at my account... I never touched it, there's a big difference.

Hi Dave,

Again I must state that the trades that are opened and closed on this site are the same that are opened and closed by the EA on my account running this EA. I'm trading on ALPARI NZ live. I can not post my results as I'm trading 3 systems and thus will not give the correct data. I'm up all the way with OOTB settings!!!!!
pacer
Feb 15 2012 at 14:24
8 posts
Its a pity that there are no place to see the original open positions of the system, to doublecheck when the EA opens up positions in our own broker platform. The open positions shown here in myfxbook statement sometimes match and sometimes do not with our open positions.

For example today 15.02.2012, in my platform the ea opened up 3 short positions, but the statistics here did not have any positions at that time.

And entries of the positions in my platform were not at extreme movements of price, which means it can not be due to price difference / slippage of the user`s broker/platform vs theirs.

I would be glad to have detailed explanations on this matters by the system providers.

Thanks

LivenFX
Feb 15 2012 at 14:29
39 posts
did you notice that, now the FGB chart is been outdated for ~10hours ? for today 15th, that is why no latest entries...
Ruben
Feb 15 2012 at 19:01
24 posts
Actually the positions FGB takes on this official accounts are pretty much the same as on my live account. Reading the messages here from other FGB users I do think it is broker and latency dependent if you get a certain trade or not.
As for the myfxbook being outdated, I've seen that before with other accounts here. It could mean that there's a problem with the publisher on the mt4 account. From other EA providers I heard it sometimes happen that they have to restart the mt4 platform to get it going again. We'll be able to tell what trades it took after it gets updated again.
enjoytrade
Feb 16 2012 at 14:12
65 posts
If you thick 'ful report' you will see a different chart
Ruben
Feb 16 2012 at 18:01
24 posts
Yeah looks like it was updated again, but it's still having problems. Anyway, you can see the two losing trades of the 15th now.
Ruben
Feb 17 2012 at 09:12
24 posts
Did anyone else get the double long trade today? I don't see it here on the official myfxbook account, but they're still open for me.
Gianni (GianniCascoNero)
Feb 17 2012 at 09:17
13 posts

   Ruben posted:
   Did anyone else get the double long trade today? I don't see it here on the official myfxbook account, but they're still open for me.

I have only one opened yesterday late afternoon, +30pips for now.
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