Forex Growth Bot
| Gain : | +2644.71% |
| Drawdown | 94.46% |
| Pips: | 8075.5 |
| Trades | 2881 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:200 |
| Trading: | Automated |
Forex Growth Bot Discussion
Member Since Dec 20, 2010
107 posts
Apr 18, 2011 at 17:38
I think we will try to release a new version based on indicator very soon.
Apr 18, 2011 at 18:04
fxgrowthbot posted:
I think we will try to release a new version based on indicator very soon.
Why would you want to do that?? is something wrong with the current version? actually, I think there might be something wrong because it's had 8 consecutive losing trades so far , and looks like the 9th is on the way, which is very unlike FGB, am i correct in saying that?
Member Since Jan 27, 2011
8 posts
Apr 18, 2011 at 20:24
If you want to trade with the indicators settings - just use the same settings in the EA - simple as that I think.
Apr 18, 2011 at 20:52
For FXgrowthbot: I'm glad to hear that a new version might be so on its way. Don't know what happened here in April but the overall history looks good on this. I'm looking for a new EA and this looks like it. Though you do mention at the beginning of this thread that the additional versions allow for more 'tweaking'.
What tweaking would that be? Maybe I missed it. My eyes kinda glazed over at about page 40.
Random Anybody question: Also, has anyone ever used this ea on fxopen? If so how were the results or should I find another broker for this EA to run on.
What tweaking would that be? Maybe I missed it. My eyes kinda glazed over at about page 40.
Random Anybody question: Also, has anyone ever used this ea on fxopen? If so how were the results or should I find another broker for this EA to run on.
Apr 18, 2011 at 21:58
Fxgrowthbot is talking about an additional ea here that would essentially be a scalper trading with TP of 10 and SL of 10 based on the indicator settings.
Original version will stay the same and it can have 10-15 losing trades in a row.It is nothing unusual,but then when it will win ,it will win big.Just keep your risk setting low.
crk789 posted:
fxgrowthbot posted:
I think we will try to release a new version based on indicator very soon.
Why would you want to do that?? is something wrong with the current version? actually, I think there might be something wrong because it's had 8 consecutive losing trades so far , and looks like the 9th is on the way, which is very unlike FGB, am i correct in saying that?
Member Since Oct 30, 2009
57 posts
Apr 18, 2011 at 22:33
As an added safety, use the MACD 25,75,25. It is an indicator for trend. BUY only when MACD is positive and the indicator gives a BUY signal and SELL only when MACD is negative and indicator gives Sell signal. It has a higher probability. The only issue is sudden spikes on days like today. MACD is a moving average and by default reacts slowly to the market.
crk789 posted:
Pakfx posted:
i have used it so many times on my demo account and willing to use it on my live account ;)
Thanks for the reply Pakfx, do you mind telling us what the strategy you are using with this indicator? I personally don't have alot of experience trading manually, so a little help would be appreciated! Do I just open a Sell position when the red arrow pops-up and buy when the green arrow pops-up? When do you know when to exit a trade? do you just wait for the reversal arrow to show up, then exit? ...thx
Apr 19, 2011 at 05:17
<b>Star,</> requested to FGB support to make n EA works on the indicator as i tested it give good result. there nothing wrong with the original EA its working fine. You can go with any broker just diff broker give diff results its the EA how it works.. and so far EA result is to good.
No matter it just loss some trade.. but when ever it comes on winning position it cover all our loss. So better MM is they key to success.
One again i just share my experience about the indicator so Star requested to support to make special EA for him, and <red><b>the default ver of FGB is working fine.</red></b>
Like <b>Dave</b> i also got win in my account.
No matter it just loss some trade.. but when ever it comes on winning position it cover all our loss. So better MM is they key to success.
One again i just share my experience about the indicator so Star requested to support to make special EA for him, and <red><b>the default ver of FGB is working fine.</red></b>
Like <b>Dave</b> i also got win in my account.
forex_trader_31885
Member Since Mar 14, 2011
3 posts
Apr 19, 2011 at 10:05
Dear fxgrowhtbot,
I've got the version 1.1. Last 9 trades Advisor put on buy, also he enter in positions more often then on your account. I have win 400 pips for last week. But it's rather strange... It's look like when you start winning i'll get loss.
I've got the version 1.1. Last 9 trades Advisor put on buy, also he enter in positions more often then on your account. I have win 400 pips for last week. But it's rather strange... It's look like when you start winning i'll get loss.
Member Since Dec 20, 2010
107 posts
Apr 19, 2011 at 15:09
Nothing has changed. The robot has always had groupings of consecutive losses like this. Then it won.. look back into history.
crk789 posted:
fxgrowthbot posted:
I think we will try to release a new version based on indicator very soon.
Why would you want to do that?? is something wrong with the current version? actually, I think there might be something wrong because it's had 8 consecutive losing trades so far , and looks like the 9th is on the way, which is very unlike FGB, am i correct in saying that?
Apr 19, 2011 at 15:55
(edited Apr 19, 2011 at 15:58)
in my instaforex demo account it won on sell position. but for some reason i close it manually for further results i have to wait for the bot to close or float into trade.
I always say <b>different brokers</b> give <b>different results</b>
at the end the daily gain is still 4% again way better then every other bot. waiting for some more wins 😇
I always say <b>different brokers</b> give <b>different results</b>
at the end the daily gain is still 4% again way better then every other bot. waiting for some more wins 😇
Apr 19, 2011 at 18:52
(edited Apr 19, 2011 at 18:53)
Pakfx posted:
in my instaforex demo account it won on sell position. but for some reason i close it manually for further results i have to wait for the bot to close or float into trade.
I always say <b>different brokers</b> give <b>different results</b>
at the end the daily gain is still 4% again way better then every other bot. waiting for some more wins 😇
This is really strange!!? I am using it with Thinkforex, default settings and I am getting the exact same trades that are posted by FGB myfxbook page , 9 straight losses so far... What settings and version are you using? Are you getting different trades because you sometimes interfere manually with the trades?
Apr 19, 2011 at 20:14
crk789 posted:
Pakfx posted:
in my instaforex demo account it won on sell position. but for some reason i close it manually for further results i have to wait for the bot to close or float into trade.
I always say <b>different brokers</b> give <b>different results</b>
at the end the daily gain is still 4% again way better then every other bot. waiting for some more wins 😇
This is really strange!!? I am using it with Thinkforex, default settings and I am getting the exact same trades that are posted by FGB myfxbook page , 9 straight losses so far... What settings and version are you using? Are you getting different trades because you sometimes interfere manually with the trades?
no every thing is same and default just broker is different, and the order it open is also the same but close it on time. after that price moves in opposite direction thats why most of FGB users got loss in the last trade.
Apr 19, 2011 at 20:54
(edited Apr 19, 2011 at 20:55)
Pakfx posted:
crk789 posted:
Pakfx posted:
in my instaforex demo account it won on sell position. but for some reason i close it manually for further results i have to wait for the bot to close or float into trade.
I always say <b>different brokers</b> give <b>different results</b>
at the end the daily gain is still 4% again way better then every other bot. waiting for some more wins 😇
This is really strange!!? I am using it with Thinkforex, default settings and I am getting the exact same trades that are posted by FGB myfxbook page , 9 straight losses so far... What settings and version are you using? Are you getting different trades because you sometimes interfere manually with the trades?
no every thing is same and default just broker is different, and the order it open is also the same but close it on time. after that price moves in opposite direction thats why most of FGB users got loss in the last trade.
when you say 'close it on time', you mean you close it manually? so you're basically monitoring every trade? There's a great free Trailing Stop EA i found on DonnaForex, have you heard of it? if so, I heard that alot of people are using it in conjunction with FGB, but I don't know the right settings to use...do you think I should use this EA with FGB?
Apr 19, 2011 at 23:35
</quote>
when you say 'close it on time', you mean you close it manually? so you're basically monitoring every trade? There's a great free Trailing Stop EA i found on DonnaForex, have you heard of it? if so, I heard that alot of people are using it in conjunction with FGB, but I don't know the right settings to use...do you think I should use this EA with FGB?
</quote>
You mean the Compuforex Trail Multi, nor? I think this is a very nice combination. Just need the ideal settings for the Trail EA, which i haven't till now :(
Apr 20, 2011 at 00:15
(edited Apr 20, 2011 at 00:22)
You see November reports 230%. Now this is completely distorting the whole graph and all the numbers! Unfortunately I cannot take this seriously - although it does look ok (after you discount November)
Also, the current set of files that you have to install are suspect in my opinion. Why cant FGB ship an EA where you enter a serial and its DLL communicates with the server and authenticates? AS it is there are 2 very suspect executable files - what they do is anyones guess and I would rather not have them in my system folder thank you very much.
Also - the fact that they recommend think forex - a very poor broker.
There are some things I like about this robot - like I said, the profit is ok (discounting the fairytale at the beginning of the graph), but there are many more things that I do not like.
Dont get me wrong - I am not accusing FGB of anything underhand - I am just saying that these things make me feel uneasy.
Also, the current set of files that you have to install are suspect in my opinion. Why cant FGB ship an EA where you enter a serial and its DLL communicates with the server and authenticates? AS it is there are 2 very suspect executable files - what they do is anyones guess and I would rather not have them in my system folder thank you very much.
Also - the fact that they recommend think forex - a very poor broker.
There are some things I like about this robot - like I said, the profit is ok (discounting the fairytale at the beginning of the graph), but there are many more things that I do not like.
Dont get me wrong - I am not accusing FGB of anything underhand - I am just saying that these things make me feel uneasy.
Apr 20, 2011 at 02:16
(edited Apr 20, 2011 at 02:18)
Dungl posted:when you say 'close it on time', you mean you close it manually? so you're basically monitoring every trade? There's a great free Trailing Stop EA i found on DonnaForex, have you heard of it? if so, I heard that alot of people are using it in conjunction with FGB, but I don't know the right settings to use...do you think I should use this EA with FGB?
You mean the Compuforex Trail Multi, nor? I think this is a very nice combination. Just need the ideal settings for the Trail EA, which i haven't till now :(
That is the EA I was referring to... if anyone has had experience with Compuforex Trail Multi monitoring trades for FGB, we would appreciate your input..thx
Apr 20, 2011 at 07:10
(edited Apr 20, 2011 at 07:11)
After installing the FGB installer 1.3, I launched my MT4 and it was ok, i tried to apply the license or to activate my license and it said 'activated', then i closed my MT4, and now it doesn't launch anymore. What's the problem here please?
