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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

Dec 28 2010 at 05:41
9 posts
it opened 5 trades and all in positive.
Raymond (rayong1)
Dec 28 2010 at 07:58
126 posts
Looks like its reversing.

Still not a bad EA. The stop losses are pretty tight and from the results it lets the winners run. So waiting for a winning streak.
Dec 28 2010 at 08:00
9 posts

it didnt close any trades and all in negitive :)

lets see.
Dec 28 2010 at 16:56
257 posts
update pls
Dec 28 2010 at 17:13
107 posts
We closed trades in profit :) over night.
Dec 28 2010 at 17:20
9 posts
longs closed in loss and shorts closed in proifts, not bad EA. i think the actual results will be better in jan. i shall put it on live in jan IF I RECEIVE THE REGISTRATION KEY FROM FXGROWTH.
George (pipsquick1957)
Dec 28 2010 at 17:22
183 posts
Looks like a good EA, however your back test do not have 90% modeling quality, so all 3 back test dont mean anything, you are wasting your time unless you get a minimum of 90%.
Dec 28 2010 at 19:24
52 posts
I see that this account had a sell trade opened at 1.31962.I did not get this trade.Did anyone else get this trade ?
It looks suspicious , because it opened with 0.06 and all of the other trades are 0.03.Was it placed manually to make the account look better ?
Dec 28 2010 at 19:50
70 posts
@Star I got the trade on my real account at exness but no on real account on fxopen.

12.28.2010 13:15 EURUSD Sell 0.01 1.31932 0 0 7.8 78.0
Dec 28 2010 at 20:51
52 posts
Thanks hawkfx.I guess the only question remains why was it placed with 0.06 and not with 0.03 , like the other trades ?
Dec 28 2010 at 23:28
25 posts
this EA will have different result on different brokers(feed),
i am copying the trades from Think forex Demo to my fevorite broker,
only one month forward test will show clear picture,
from first look the indicator that this system used looks good,
keep in mind that this time of year(holidays)most EA's are falling,
i got a good feel about this EA ,R/R is very good,
the EA cut loses fast and let profits run, all we need is patience with this one,
 bought it last Friday and got the key after two hours.
happy new year
Dec 28 2010 at 23:48
25 posts

sliffy posted:
    i didn't have long time vps outages but it happens once in a month...

this month's profit is less then it was in november... it is because of the market conditions or did you change something in parameters?

i think he did less this month because his balance was increase and his lot size stay pretty much the same,
48 posts
The success of the entry point for this ea 'Trend follower' is about 50% so you need to be patient as you will see many wrong entries but it will close that quickly this is why the DD is small despite.
if the entry is OK then it will run it for long time to correct the small losses and exceed that with some profits ...
Dec 29 2010 at 06:36
107 posts

In regards to lower quality back test and .06 lots... It doesn't matter, run the back test tick for tick, it will still be excellent results.

The robot doubled the lot size on that one trade... it can do that sometimes.. but regardless even if we had done it, it doesn't matter, because the robot chose the trades and made them profitable.
Dec 29 2010 at 09:38
52 posts


Can this ea ever more then double the size of the trade ? Can you please elaborate on this ? I think that it is very important to know from the safety stand point and I do not think that it mentions anyware in a manual that this ea can double the size of the trade sometimes.

fxgrowthbot posted:

The robot doubled the lot size on that one trade... it can do that sometimes.. but regardless even if we had done it, it doesn't matter, because the robot chose the trades and made them profitable.
Dec 29 2010 at 16:23
107 posts
It can do it, but it does it rarely. very rarely. And it usually if it finds there's a high probabiliy of success.
Raymond (rayong1)
Dec 29 2010 at 22:31
126 posts
Hi fxgrowthbot,

I just bought your EA. Looks good so will try it.

Can you make some adjustment to your my fxbook settings. Allow us to see more info like the balance and the profit curve. Just go to settings, go to bottom of page and make all the info public. You have nothing to keep private since you already give us the investor password but this will allow us to see more of the statistics and analysis in my fxbook.

Raymond (rayong1)
Dec 29 2010 at 23:38
126 posts
Have a question about the license manager.

I want to install it on my desktop for backtesting and on my VPS to run on demo accounts first and then live later.

If I activate the license on my desktop will I have a problem activating it on my VPS later?

And I have more than 1 VPS. I use one VPS for long term demo tests and another for running live EAs on live accounts. Will that be an issue for your license/license manager?
Dec 30 2010 at 01:47
31 posts
hey Raymond,

Who do you like to use for VPS?

Dec 30 2010 at 02:23
2 posts
Can this EA be used on other currency pairs.

If the EA's trade stratagy is sound, then it should be able to run on other pair's profitably.

Has anyone ran test on other pair's, if so how were the results.

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