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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

HARD_GLADIATOR
Apr 25 2014 at 18:05
2 posts
stevetrade posted:
This is an interesting discussion. I still have the 10 year backtest in my strategic history and while the EA in backtest never suffered six losing months in a row before there are plenty of times early on where it lost 3 months in a row and then not long after did so again. Analysing the backtest history for a period from 1999 - 2001 shows that the EA performed far worse overall than it has here. You can see a snapshot of this attached.

Whether the EA will ever perform again remains to be seen. The main question to ask is whether you are prepared to accept the chance of sideways movement for years at a time. I think the key thing to learn here is to take a good hard look at the backtest data you generate and ask whether you are happy with every period of trading history that the backtest shows you, if similar patterns where to occur again.

I for one have moved on from using this EA.

Best regards Steve



most of the EAs are like this ... many of are bullshits ..

MAM_Trader
May 01 2014 at 05:09
7 posts
this bot works based on volatility. EURUSD at its lowest volatility since released in 2000. check monthly volatility there free web pages or basicly apply ATR1 on weekly ckart.
EURUSD RIP => FGB RIP

keltnerpro
May 09 2014 at 07:24
49 posts
Forex Growth Bot really went to the wayside. It's such a shame.

labunsky (labunsky)
May 09 2014 at 20:37
11 posts
FGB was my best idea guys.
I hope I'll able do something better.
But I moved to HFT.

bluemonkey
Jul 26 2014 at 09:57
423 posts
keltnerpro posted:
Forex Growth Bot really went to the wayside. It's such a shame.


what was the reason for its failure?

Adrian2014
Aug 14 2014 at 06:27
4 posts
It is proposed to check my profile, drawdown of 5-6% can not be 90% ....

alexlowrisk (alexlowrisk)
Aug 14 2014 at 18:58
80 posts
In my experience is better choose stability and consistent profits more than very volatile systems.

Adrian2014
Aug 18 2014 at 10:06
4 posts
How drawdown of 90% is stable for you, then go to the doctor Hazard

rais (rais)
Sep 09 2014 at 00:29
4 posts
Thanks for sharing your system, What is your major time frame to look trend?

TheFX4You
Sep 10 2014 at 11:48
92 posts
Adrian2014 posted:
How drawdown of 90% is stable for you, then go to the doctor Hazard


Yeah, true.
I just wonder, why here are still much traders who believe into this EA...

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