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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

pianosso
Jun 07 2012 at 07:09
51 posts
Oh sorry, I didn't mean for you. No, it's not easy for you.
1. Technical Divergences on 4H charts. Confirmed for E/U, it's a fairly sure temporary bottom.
2. Strong chance of bullish reversal patterns/candles also on 4H charts. Confirmed - take a look on June 01 around noon.
3. Fundamental stats of eurozone + statistics regarding the wining trades of FGB. It's a far better chance for this EA to win on shorting the E/U than going long. FGB lost big time because of countertrend trading. But as human beings, we should use our brains.

grgr
Jun 07 2012 at 09:58
36 posts
pianosso in your opinion now FGB will start to recover?
Honestly i also expected it to go down, because it reached it's highest balance yet. But i just joined in, so i didn't want to interfere.

pianosso
Jun 07 2012 at 10:21
51 posts

   grgr posted:
   pianosso in your opinion now FGB will start to recover?
Honestly i also expected it to go down, because it reached it's highest balance yet. But i just joined in, so i didn't want to interfere.


I don't expect anything. Should choppy price action continue, the loses will go on.

grgr
Jun 07 2012 at 16:37
36 posts
If I'd change anything in settings would it trade in other way? The indicator shows more buy/sell allows than the script trade.

grgr
Jun 07 2012 at 17:24
36 posts
i mean arrows*

Sweeeet (waynesweet)
Jun 08 2012 at 08:05
3 posts
howdie - i recently loaded FGB (all default settings) and experienced trades on my demo account that are not appearing on FGB myfxbook. so i reloaded using THinkForex (there preffered broker). I am using a VPS and again all default settings and the VPS has been running - i.e no intervention of any kind (not even exiting mt4 etc). Again I have picked up a trade on 7th June not showing in FGB myfxbook. FGB says this is not unusual due to different broker speed etc altho i find this a little odd - i would expect to have less trades than more trades. i am not comfortable with this however, reading thru the various forums etc FGB does have its own set of peculiarities so just want to get a take on whether others experience this? or just me!! thanks for sharing your experience... much appreciated. Sweeeet

grgr
Jun 08 2012 at 08:10
36 posts
Don't worry, mine trades differs a bit too. For example, now i have only about 20 lossing trades, while FGB got one +10 or +20 pps (i dont remember) in this part. I already lost some other trades, but i got 2 more trades at the beggining...

rob559
Jun 11 2012 at 14:41
1916 posts
one robot that you don't have to worry about the dd is fgb,let it run for a long while before intervining ,there is losing months and winning months ,i's a long term money machine ,just let it go...

betowm
Jun 11 2012 at 17:08
45 posts
I know that if we modify parameters that come by default, we should improve the performance of the FGB in those moments when it starts with a losing streak, but I can't recognize in the graphics where are those critical moments.
I have browsed the historic charts of the EUR/USD , and I couldn't find the pattern in wich it is necessary making the changes in the settings.
I suspect that the developer of the FGB also couldn't; otherwise he had improved it in a new version of the robot.

krana
Jun 13 2012 at 14:37
66 posts

   betowm posted:
   I know that if we modify parameters that come by default, we should improve the performance of the FGB in those moments when it starts with a losing streak, but I can't recognize in the graphics where are those critical moments.
I have browsed the historic charts of the EUR/USD , and I couldn't find the pattern in wich it is necessary making the changes in the settings.
I suspect that the developer of the FGB also couldn't; otherwise he had improved it in a new version of the robot.



all i can say there must be some logic to this madness. like every x weeks after making xx trades you stop it.. and then kick it off again :)

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