To use chat, please login.
Back to contacts

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

Hooner
HiPwrD64
May 12 2011 at 19:01
14 posts
FGB really needs a better closer. however, since I simply do not have the time or the inclination to babysit an automated-EA -- otherwise why even use one? -- i put on Kenny's trailing EA (v1.7) in conjunction with FGB.

i read that many of you are already using Kenny's EA -- although he himself no longer trades FGB, apparently. can we share some settings that work well with FGB?

I'll start...

broker: ATC Brokers
FGB-use style: breakouts (main), scalping (win-turned-loss trades)
EA settings:


MagicNumber=-1
Own_Symbol_Only=1
Note1=Trail_Start $ Trail_Max are pip values
Trail_Start=10.00000000
Trail_Max=50.00000000
Note2=Bigger Trail % = longer trail
Note3=Trail_Percent & Trail_Min are % values
Trail_Percent=75.00000000
Trail_Min=5.00000000
Use_Decay=1
Note4=Decay rate reduces Trail_Percent per bar
Decay_Rate=0.80000000
Exp_Decay=1
Wait_Mins=15
Note5=----------StopLoss Settings---------
Set_SL=1
SL_Overide=1
Note6=Manual_SL will set SL to x pips and overides ALL other StopLoss settings
Note7=Set Manual_SL to 0 to use auto calculated SL
Set_SL_Delay=1
Manual_SL=50.00000000
SL_Buffer=20.00000000
SL_Hours=6
SL_Max=30.00000000
Note8=Risk % will overide use of High/Low bars to determine SL
Use_RiskPercent_SL=0
Risk=1.00000000
Note9=----------General Settings----------
Audio_Alert=1
Show_Info=1

djalex09
May 12 2011 at 19:23
35 posts

HiPwrD64 posted:
    FGB really needs a better closer. however, since I simply do not have the time or the inclination to babysit an automated-EA -- otherwise why even use one? -- i put on Kenny's trailing EA (v1.7) in conjunction with FGB.

i read that many of you are already using Kenny's EA -- although he himself no longer trades FGB, apparently. can we share some settings that work well with FGB?

I'll start...

broker: ATC Brokers
FGB-use style: breakouts (main), scalping (win-turned-loss trades)
EA settings:


MagicNumber=-1
Own_Symbol_Only=1
Note1=Trail_Start $ Trail_Max are pip values
Trail_Start=10.00000000
Trail_Max=50.00000000
Note2=Bigger Trail % = longer trail
Note3=Trail_Percent & Trail_Min are % values
Trail_Percent=75.00000000
Trail_Min=5.00000000
Use_Decay=1
Note4=Decay rate reduces Trail_Percent per bar
Decay_Rate=0.80000000
Exp_Decay=1
Wait_Mins=15
Note5=----------StopLoss Settings---------
Set_SL=1
SL_Overide=1
Note6=Manual_SL will set SL to x pips and overides ALL other StopLoss settings
Note7=Set Manual_SL to 0 to use auto calculated SL
Set_SL_Delay=1
Manual_SL=50.00000000
SL_Buffer=20.00000000
SL_Hours=6
SL_Max=30.00000000
Note8=Risk % will overide use of High/Low bars to determine SL
Use_RiskPercent_SL=0
Risk=1.00000000
Note9=----------General Settings----------
Audio_Alert=1
Show_Info=1




I have Kenny's EA 1.6 with FGB ... so upgrading to 1.7 😎
I'll put my settings in a few minutes.
Good start HiPwrD64 !

Regards

cunod
May 12 2011 at 19:27
97 posts

djalex09 posted:
    


I have Kenny's EA 1.6 with FGB ... so upgrading to 1.7 😎
I'll put my settings in a few minutes.
Good start HiPwrD64 !

Regards



Where can one find Kenny's EA

djalex09
May 12 2011 at 19:33
35 posts
OK, we have about the same settings.

Except :

Trail_Percent=80.00000000
Trail_Min=10.00000000

SL_Overide=0 (am I wrong with that ???)

But when Kenny'sEA close trades fom FGB... how do you do ?
I must restart FGB to be sure it will continue to trade.

Regards

forextraveler (memforex)
May 12 2011 at 19:34
119 posts
Yes but I would know what's the performance with kenny ea on. can someone publish an account?

djalex09
May 12 2011 at 19:34
35 posts

cunod posted:
    
djalex09 posted:
    


I have Kenny's EA 1.6 with FGB ... so upgrading to 1.7 😎
I'll put my settings in a few minutes.
Good start HiPwrD64 !

Regards



Where can one find Kenny's EA


https://www.donnaforex.com/forum/index.php?topic=3193.0

cunod
May 12 2011 at 20:06
97 posts

djalex09 posted:
    
cunod posted:
    
djalex09 posted:
    


I have Kenny's EA 1.6 with FGB ... so upgrading to 1.7 😎
I'll put my settings in a few minutes.
Good start HiPwrD64 !

Regards



Where can one find Kenny's EA


https://www.donnaforex.com/forum/index.php?topic=3193.0


thanks, is this to be used in condjuction with FGB or is it stand alone that trail ends all your trade or what

Hooner
HiPwrD64
May 12 2011 at 20:06
14 posts

djalex09 posted:
    OK, we have about the same settings.

Except :

Trail_Percent=80.00000000
Trail_Min=10.00000000

SL_Overide=0 (am I wrong with that ???)

But when Kenny'sEA close trades fom FGB... how do you do ?
I must restart FGB to be sure it will continue to trade.

Regards



I found out the hard way that NOT setting the override makes the EA's TS useless, because it would not override its own SL. You might note that Kenny's EA uses moving SL line, so you will need the override setting set to 1.

I restart my MT4 frequently when I have no open trades out of habit. So I don't know.

One caveat though, I've only started using Kenny's EA this week, after the series of FGB's bad closers.

 What i've noticed is that adding the new EA does change FGB's trading behavior quite a bit. A much higher win percentage, with potentially smaller winnings per -- like a scalper. I suppose I don't mind this too much right now, given the current ranging
eu trend.

I'd ideally like to end up with 2-3 settings sets for Kenny EA... for trending, for ranging, and maybe another in between?

Pakfx
May 12 2011 at 20:08
286 posts
I dont think, FGB close trade manually, i talked to the support today and they said they never do this, also they are working hard on the verifying issue plus on the trading issue like most of the ppl see profit but their order close in loss.

let us discuss on the forum, i have seen that they introduce the new forum. there i think we can easily approach the support.

this is the url
https://forexrobotchat.com/

cunod
May 12 2011 at 20:16
97 posts

Pakfx posted:
    I dont think, FGB close trade manually, i talked to the support today and they said they never do this, also they are working hard on the verifying issue plus on the trading issue like most of the ppl see profit but their order close in loss.

let us discuss on the forum, i have seen that they introduce the new forum. there i think we can easily approach the support.

this is the url
https://forexrobotchat.com/


They said they had the verifying issue ironed out on the 1.4 update. I have only had the issue once. Since then it has all been fine with me. Did they miss something?

Please login to comment .