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
247,323 Views
3,525 Replies
Member Since Aug 20, 2009   266 posts
Feb 28, 2011 at 16:19
Ok, here we go....please disregard the previous post and download. It appears that you cannot delete an attachment when editing a post.

Attachments:

Member Since Feb 14, 2011   43 posts
Feb 28, 2011 at 16:27
Thnx a lot, and I mean it, a LOOOOOOT!
Member Since Feb 14, 2011   43 posts
Feb 28, 2011 at 19:58
Well, not a good day for FGB. Started good, about 50 pips gain in 3 trades, turned into a 90 pip loss for those trades.

Nevertheless, still a good EA in the long run
Member Since Mar 02, 2010   31 posts
Feb 28, 2011 at 20:18
I agree...
Member Since Aug 22, 2009   27 posts
Feb 28, 2011 at 22:12 (edited Feb 28, 2011 at 22:12)
LivenFX posted:
    another 2 trades hit the 20 pips trailing threshold, and triggered. All 3 trades profited.😉😉😉


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



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

LivenFX,

What is your final result for these trades? Others stopped out with losses, was the Compuforex_Trail EA able to lock a good part of your profit?
Regards,

Chris
Member Since Jul 30, 2010   40 posts
Mar 01, 2011 at 06:59
hi

I am thinking that maybe is not good to use trailling in FGB trades. This is definitely going to alter its long term performance and backtest results. You may lock 20-30 pips and the trades hit the trail sl and wont go negative but you may lose 300... The bot is not a scalper anyway...this may work only if its trades profit always at the begining...

tell me what you think....
Member Since Feb 01, 2011   39 posts
Mar 01, 2011 at 10:07 (edited Mar 01, 2011 at 10:10)
Chris,

Yeah...the 2nd photo is the final result - 'history' screenshot it is. profit = 13 + 12 +10

In the comment column = FGB [sl]

Means it is closed with 'stop lost'.
Member Since Aug 22, 2009   27 posts
Mar 01, 2011 at 11:13

LivenFX posted:
    Chris,

Yeah...the 2nd photo is the final result - 'history' screenshot it is. profit = 13 + 12 +10

In the comment column = FGB [sl]

Means it is closed with 'stop lost'.

Thank you for your reply, LivenFX. Well, 35 pips profit is great comparing to 90 pips loss. It means +125 ...
The trailing stop may sometimes be an obstackle for reaching high profit on a trade, although it can help to make the trading results more consistent.
Regards,

Chris
Member Since Mar 01, 2011   12 posts
Mar 01, 2011 at 11:59
Hello,
Please is anyone here using FGB (Basic version) with FXDD and having the same exact results as the one on ThinkForex? 😐
Member Since Jan 29, 2011   56 posts
Mar 01, 2011 at 13:47
this FGB is getting a lot of bug problems...it open sell post about an hour ago ..but when i look it in here,there is not such post...
am i getting confuse or the my broker had a problem?

this may happen because i manually close all the post opened by the FGB before....
Member Since Jul 30, 2010   40 posts
Mar 01, 2011 at 15:20
I had the same problem when i manualy closed a buy position it opened another in the opposite direction... Any suggestions Livenfx on how to use compuforex trail? Do you use it with default settings?

thanks
Nick
Member Since May 06, 2010   4 posts
Mar 01, 2011 at 16:48 (edited Mar 01, 2011 at 16:57)
Hi

Yes, I am not sure anymore about the settings - which one is the correct computertrail expert working (from yesterday?) working?

What are really the settings? I am confused with it.

Livenfx/kennyhubbard - please share your settings/creation. I am not sure where to go really....😲

Thank you
Carol
Member Since Feb 01, 2011   39 posts
Mar 01, 2011 at 16:54 (edited Mar 01, 2011 at 16:57)
hi.. yup i use the default.
somehow, what catch my attention is to play with the trail start #, & trail %
The trail %, if you longed for higher locking profit then put e.g. (From 50%) 66% for instance, it should lock when pips goes -ve direction. Alway a but, then also potentially missing chance to wait for spike profits if the instrument fluctuation is high.

The latest TRAILING EA has come with default 80% of trail_percent (correct me if am wrong).

seriously, i am still blur on how the decay works blehhhhhhh
😕😕😕😕😕
Member Since May 06, 2010   4 posts
Mar 01, 2011 at 16:59
Thanks LivenFX. I will play with your recommendations.

Carol
Member Since Feb 01, 2011   39 posts
Mar 01, 2011 at 18:01
read the kenny's elaboration again from url [https://www.donnaforex.com/forum/index.php?topic=3193.0].

See some lights about the point of how decay effects the trailing_percent at timely basis (per Bar >(over the) time m1;m5;m15)
Member Since Aug 20, 2010   2 posts
Mar 01, 2011 at 20:33
Has anyone else had the problem of this thing not closing winning trades? I had a set of trades that put me up over +12%, then came crashing down to -6%, back up to +11% now back down about -4%. All the while the trades were kept open, even when it was winning by 100+ pips.

Does anyone know what triggers this thing to close winning trades?
Member Since Jul 30, 2010   40 posts
Mar 02, 2011 at 07:38
hi

I think if you make any modification to its settings such as alter the lot size it is considered a restart and it will lose connection of the open trades. Had same problem. Now i think the fix it with the new ver. but i am not risk it. Just put it in a new chart and if you are going to alter anything reloded to a m15 chart.

hope this helps

Nick
Member Since Jan 28, 2011   1 posts
Mar 02, 2011 at 11:07

what i have noticed is that the bot tries to jump relatively late onto breakouts, just like today (2nd March) and then it looks like its opening additional positions in the pullback.
I have seen this working well but it is also adding risk beacuse it is adding to an position which is already underwater (which is normally not a good strategy). Maybe a better way could be identified to deal with this.

Otherwise overall not a bad product.
Member Since Mar 01, 2011   12 posts
Mar 02, 2011 at 11:37
Hello, no one using the basic version with FXDD, i just want to know if it picks the exact trades that Thinkforex places
Member Since Nov 23, 2010   88 posts
Mar 02, 2011 at 11:55
my fxdd account is different from thinkforex. Well, these two days look like FGB is entering at the top of a breakout, and the wave was struggle, I think it's no good for ranging market.
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