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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

iamfxfapturbo
Jun 19 2012 at 15:43
18 posts
My Honest Opinion: This EA is based on a Trend Following strategy. You will get a lot of small losses, but only one trend makes you recover all the losses and still get a profit. So, to know if this is a good EA or not, you must be willing to use it in 6-12 months, at minimum. And in my opinion, it's a good expert, as you can see in backtest and forward test.

And remember: always trade small and use money management, as the EA does. Until now, i got losses, but i have patience to wait for a good trend and make profit. As i do money management and i have other EA's in my portfolio, those losses don't hurt me at all.

If you bought the EA and you don't know the strategy the expert uses, or you don't like the strategy , don't blame the EA... blame yourself.

rob559
Jun 19 2012 at 18:23
1916 posts

   iamfxfapturbo posted:
   My Honest Opinion: This EA is based on a Trend Following strategy. You will get a lot of small losses, but only one trend makes you recover all the losses and still get a profit. So, to know if this is a good EA or not, you must be willing to use it in 6-12 months, at minimum. And in my opinion, it's a good expert, as you can see in backtest and forward test.

And remember: always trade small and use money management, as the EA does. Until now, i got losses, but i have patience to wait for a good trend and make profit. As i do money management and i have other EA's in my portfolio, those losses don't hurt me at all.

If you bought the EA and you don't know the strategy the expert uses, or you don't like the strategy , don't blame the EA... blame yourself.


AMEN,TOTALLY AGREE

Financialarts
Jun 19 2012 at 18:55
134 posts
Trend following systems rule!
until someone can prove otherwise

leogio71
Jun 22 2012 at 09:50
5 posts

   iamfxfapturbo posted:
   My Honest Opinion: This EA is based on a Trend Following strategy. You will get a lot of small losses, but only one trend makes you recover all the losses and still get a profit. So, to know if this is a good EA or not, you must be willing to use it in 6-12 months, at minimum. And in my opinion, it's a good expert, as you can see in backtest and forward test.

And remember: always trade small and use money management, as the EA does. Until now, i got losses, but i have patience to wait for a good trend and make profit. As i do money management and i have other EA's in my portfolio, those losses don't hurt me at all.

If you bought the EA and you don't know the strategy the expert uses, or you don't like the strategy , don't blame the EA... blame yourself.


I am also totally agree with your comment.
Can I ask what kind of money management do you use?
increases 0.05 for every $ 1000?
thanks

iamfxfapturbo
Jun 22 2012 at 14:37
18 posts
Leogio71, pretty much that way. I have my own money management system, but for Forex Growth Bot, for every $1000, increase 0.05. If you feel that is too much, decrease to 0.04 or 0.03 lots.

grgr
Jun 22 2012 at 17:05
36 posts
I'm sick with this bot. I got another -23 pips trade, which doesn't shows up here. Do i really have to jump to that abroad broker? Why the hell it does make difference, everybody must have the same prices .. wtf?

iamfxfapturbo
Jun 22 2012 at 23:14
18 posts
Thats's weird, because i have the same results as shown in FGB myfxbook page. Maybe could be your broker. I use Alpari UK.

grgr
Jun 25 2012 at 09:00
36 posts
Hmm, I will try to chop to alpari then. Honestly, I don't know why but i trust more alpari than ThinkForex. However, the trading frequency is very small last time :/

grgr
Jun 26 2012 at 12:36
36 posts
Reeeeeeecover, I know the backtests, but i'm losing my hope for recover anyway .. :/ Another 2 bad trades, hehe, now i was lucky with my broker.

zyrt
Jun 28 2012 at 03:29
202 posts
About once a week, I discover that FBG is not active due to license, so I have to open license manager and re activate
Is it normal?

I have bought it but (FBG advanced) but if I find an educated version, I will go for it!

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