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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

Pakfx
Jul 07 2011 at 06:29
286 posts

krana posted:
    my EA did not give me the 97 pip trade today and it closed it at 56 pips.. i am confused as to how its different from yours and the FGB account here. I have asked FGB but no response.

whats are your profit targets and stop loss ratio.. the standard is .5 and .2

i have increased my SL to .25 so i do not get taken out on a few pips here and there.

Please share your setting
Kilwaxoni posted:
    
aryaforex posted:
    
you have better statement than owner dude. a few manually closed? or different settings? would you mind to share it here?


That's default settings.

 First of all i started trading 0.30 lots instead of 0.03 (Only the 2 first trades) One trade made me 200 bucks.

I only closed one trade manually by mistake. (made 3 pip)

And sometimes, like one per week, i got a trade comming out of nowhere. Mostly pretty cool winners. But except this, all my trades follows the owner account.

Hope it can help !





No need to worry as i always said different brokers give different results.
Just count your profit at the end Its a long term EA.

Spread, latency, disconnection of meta trader effect the trading results.

I prefer to go with default setting and if possible go with VPS low spread broker to get better results. also check ping for the latency.

krana
Jul 07 2011 at 12:11
66 posts

Pakfx posted:
    
krana posted:
    my EA did not give me the 97 pip trade today and it closed it at 56 pips.. i am confused as to how its different from yours and the FGB account here. I have asked FGB but no response.

whats are your profit targets and stop loss ratio.. the standard is .5 and .2

i have increased my SL to .25 so i do not get taken out on a few pips here and there.

Please share your setting
Kilwaxoni posted:
    
aryaforex posted:
    
you have better statement than owner dude. a few manually closed? or different settings? would you mind to share it here?


That's default settings.

 First of all i started trading 0.30 lots instead of 0.03 (Only the 2 first trades) One trade made me 200 bucks.

I only closed one trade manually by mistake. (made 3 pip)

And sometimes, like one per week, i got a trade comming out of nowhere. Mostly pretty cool winners. But except this, all my trades follows the owner account.

Hope it can help !





No need to worry as i always said different brokers give different results.
Just count your profit at the end Its a long term EA.

Spread, latency, disconnection of meta trader effect the trading results.

I prefer to go with default setting and if possible go with VPS low spread broker to get better results. also check ping for the latency.



I completely understand that we can have different results. I have been using VPS and think forex and pretty much tested on 5 differnt brokers. but my result is not matching the latest 94 pips runs they had .. I should have the same result as i am on the same broker. Thus trying to find ways to improve. :)

krana
Jul 07 2011 at 12:37
66 posts

pianosso posted:
    Making SL:0.3 and TP:0.7 gives much better results. Tested on live and tests.


Do you mind sharing your results.

Thanks.

Kilwaxoni
Jul 07 2011 at 13:03
9 posts

krana posted:
    my EA did not give me the 97 pip trade today and it closed it at 56 pips.. i am confused as to how its different from yours and the FGB account here. I have asked FGB but no response.

whats are your profit targets and stop loss ratio.. the standard is .5 and .2

i have increased my SL to .25 so i do not get taken out on a few pips here and there.

Please share your setting



Like i said it's all default ! I didn't touch to anything except lotsize. I'm on thinkforex.


Pakfx posted:
    
No need to worry as i always said different brokers give different results.
Just count your profit at the end Its a long term EA.

Spread, latency, disconnection of meta trader effect the trading results.

I prefer to go with default setting and if possible go with VPS low spread broker to get better results. also check ping for the latency.



Do you know how to check the latency between your MT4 & Broker server ? Thanks !

pianosso
Jul 07 2011 at 14:10
51 posts

krana posted:
    
pianosso posted:
    Making SL:0.3 and TP:0.7 gives much better results. Tested on live and tests.


Do you mind sharing your results.

Thanks.


I do not have time to retest the setting and post images. It is a thing that everybody could, including you. Use default settings except 0.7 and 0.3. It's fun...

sliffy
Jul 07 2011 at 15:17
79 posts
pianosso,

sl and tp can be set in power version
do you use power version?

Pakfx
Jul 07 2011 at 15:31
286 posts
Yes in power and advance ver you can set sl & tp.

and to check latency you have to ping to your server ip on command prompt.. the time it shows is your latency.
like some brokers give 5
and if we check in our desktop system it shows more then 100ttl etc..

..

Pakfx
Jul 07 2011 at 15:44
286 posts
try this setting in your power and advance ver. also share your result please.

FVB = 7
SVB = 80
Vfactor = 1.5

Tp = 0.7
Sl = 0.3

Happy trading.

Rafael Lean (rafaellean)
Jul 07 2011 at 16:06
14 posts
Power settings, this is back test from a year with IamForex

<a href='' target='_blank'><img src=''/></a>

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MissPipsKiller
Jul 07 2011 at 17:18
70 posts

Pakfx posted:
    try this setting in your power and advance ver. also share your result please.

FVB = 7
SVB = 80
Vfactor = 1.5

Tp = 0.7
Sl = 0.3

Happy trading.




Great settings ;-)

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