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Forex Growth Bot

Gain : +2644.71%
Drawdown 94.46%
Pips: 8075.5
Trades 2881
Type: Real
Leverage: 1:200
Trading: Automated

Forex Growth Bot Discussion

Jun 25 2013 at 15:27
54 posts
I'm glad the stats are connected again, and we can finally see that it has gone through a 68% DD. My god, that is an wicked DD to suffer.

I'm so glad I left this robot when the $equity dropped below $7000. Now at $3400, it has a long way to climb back up before it can prove to me that it can climb out of hell.

Jun 25 2013 at 19:26
10 posts
anglican007 posted:
How can you say that? It's been on myfxbook more than last 8 months.

How do you think the robot vendors produce all their straight upwards equity curves?

Only the equity curve since November 2012 is real. The curve from the years before is most likely produced with an easy trick that's used by all vendors who want to sell a robot with a 'real trading history'.

Jun 25 2013 at 19:47
78 posts
I want to confirm that no robot can resist at the end!

Jun 26 2013 at 06:46
104 posts
I believe the problem is not with the EA.
The problem is all about the 'Algo Wars'.
This War is killing almost every good EA.
I came across this info when I was making a research in the book 'Dark Pools'.
The developers should try to update the EA to survive the new market (Algo Wars).
My own systems had to be adapted to this.
A ECN broker will reduce the problem, but will solve only part of the problem.
I don´t know if someone have the answers so far.
But we have to update ourselves too from time to time.
Have a nice trade.


Jun 27 2013 at 08:50
1 posts
После такой просадки самое время им торговать

Ken Grakauskas (Michigander)
Jun 27 2013 at 11:50
321 posts
leksor11 posted:
После такой просадки самое время им торговать

means...After such a drawdown is the time to sell them.

30 seconds on google translate will get you a larger audience for your comments. :-)

30 секунд на Google Translate поможет вам более широкой аудитории за ваши комментарии

Jul 01 2013 at 06:01
27 posts
It's time to change something about this EA,I think there should be some good way to improve FGB, this guy who managed my Account,did very well in strong trend, I think his system is trend follow but more trades ,with more trades there is more opptunities and less risk,maybe we can use FGB in other timeframe,5M,maybe 3M
Jul 01 2013 at 21:12
3 posts
It's all about trade management. It takes a huge work to make good entries profitable. The big challenge is to avoid big losses and to recognize that the signal was not good and accept a loss.

Jul 10 2013 at 16:07
33 posts
I used to be such a big fan of this EA....the returns are at nightmare proportions now..

Jul 10 2013 at 16:36
7 posts
cgasucks posted:
I used to be such a big fan of this EA....the returns are at nightmare proportions now..

Don´t worry. Even it can be worst. Ask the turkey:


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