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
247,395 Views
3,525 Replies
Member Since Feb 01, 2011   39 posts
Feb 10, 2012 at 13:49 (edited Feb 10, 2012 at 13:59)

   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
Member Since Feb 01, 2011   39 posts
Feb 11, 2012 at 04:37
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.
Member Since Jul 13, 2011   2 posts
Feb 11, 2012 at 06:41
When to take profit? When the trade change direction or do u increase your exit points in the direction of the market move?
Member Since Feb 01, 2011   39 posts
Feb 11, 2012 at 13:56 (edited Feb 11, 2012 at 13:56)
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. 😄
Member Since Nov 26, 2011   126 posts
Feb 11, 2012 at 16:35
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.
Member Since Jul 21, 2011   4 posts
Feb 12, 2012 at 20:04
Can anyone tell if this strategie shows the FGB working with the default settings? Has this been discussed? If it´s just default settings?
Member Since Jul 21, 2010   119 posts
Feb 13, 2012 at 06:44

   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
Member Since Jul 21, 2010   119 posts
Feb 13, 2012 at 06:48
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

Member Since Jan 24, 2012   14 posts
Feb 13, 2012 at 07:13

   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.
 
Member Since Jul 21, 2010   119 posts
Feb 13, 2012 at 08:05
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...
Member Since Jan 09, 2012   24 posts
Feb 14, 2012 at 09:47

   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?
Member Since Jul 21, 2010   119 posts
Feb 15, 2012 at 08:08 (edited Feb 15, 2012 at 08:08)
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.
Member Since Jan 24, 2012   14 posts
Feb 15, 2012 at 08:29 (edited Feb 15, 2012 at 08:40)

   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!!!!!
Member Since Feb 23, 2011   8 posts
Feb 15, 2012 at 14:24
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

Member Since Feb 01, 2011   39 posts
Feb 15, 2012 at 14:29
did you notice that, now the FGB chart is been outdated for ~10hours ? for today 15th, that is why no latest entries...
Member Since Jan 09, 2012   24 posts
Feb 15, 2012 at 19:01
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.
Member Since May 12, 2011   65 posts
Feb 16, 2012 at 14:12
If you thick 'ful report' you will see a different chart
Member Since Jan 09, 2012   24 posts
Feb 16, 2012 at 18:01
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.
Member Since Jan 09, 2012   24 posts
Feb 17, 2012 at 09:12
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.
Member Since Aug 04, 2011   13 posts
Feb 17, 2012 at 09:17

   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.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.