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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

Carlos A. García Sánchez (earquake)
Jun 01 2011 at 19:54
17 posts
Regards Cunod,

I can not uninstall Metatrader because I'm running other EAs. I wonder if uninstalling-reinstalling the program will solve the problem. Looks more like a configuration error or a bug in EA's logic. Anyway if you think I'm going to try:

Growthbot's uninstallation. Installation of a new instance of Metatrader in a new folder. Growthbot install again in the new Metatrader. Now I have 2 instances of Metatrader running for the same account.

I will comment if the issue is solved.
Carlos A. García Sánchez (earquake)
Jun 01 2011 at 20:00
17 posts
But anyone can confirm that this params:

InternalControl = true
ManualTradeControl = true

are the correct to make Growthbot compatible with Trailing Stop EAs?

I suspect that my particular problem is that the parameters should be as follows:

InternalControl = false
ManualTradeControl = true

I do not understand quite what the parameter InternalControl does in combination with ManualTradeControl. Information in the manual is not clear enough for me.
Oliver (Kollinger)
Jun 01 2011 at 21:27
30 posts
If you want to take control of the trades by yourself or a trailing stop EA you have to set InternalControl to false. Otherwise external control will not work properly.

May I ask, which trailing stop ea do you use and which settings do you recommend therefor?

Thanks a lot in advance!
Carlos A. García Sánchez (earquake)
Jun 01 2011 at 21:56
17 posts

Kollinger posted:
    If you want to take control of the trades by yourself or a trailing stop EA you have to set InternalControl to false. Otherwise external control will not work properly.

May I ask, which trailing stop ea do you use and which settings do you recommend therefor?

Thanks a lot in advance!

Thanks also to you for this valuable information.

Compuforex Trailing Stop EA.

All settings default except MagicNumber (=FGB magic) and Own_Symbol_Only.

It is too early to give a valuation. So far it seems to work pretty well.
Oliver (Kollinger)
Jun 01 2011 at 22:00
30 posts
How long do you have tested it already? Because I was thinking to use Compuforex trailing stop EA as well. So I am interested if the perfomance with it will be better than without. Can you please keep me updated? That would be very nice!
Carlos A. García Sánchez (earquake)
Jun 01 2011 at 22:18
17 posts
Please enter at https://www.myfxbook.com/members/earquake/ea-alliance/88429.

If you want you can compare this with a custom analysis of the official FWG account for the same period.

Please tell when you see it to remove the custom analysis.

RASH (hellow)
Jun 02 2011 at 10:12
4 posts
hi all,
 how u feel with FGB? is it good for a bigginer?
thanks
rashr
Oliver (Kollinger)
Jun 02 2011 at 10:19
30 posts

earquake posted:
    Please enter at https://www.myfxbook.com/members/earquake/ea-alliance/88429.

If you want you can compare this with a custom analysis of the official FWG account for the same period.

Please tell when you see it to remove the custom analysis.



Thanks a lot! All done.
Morphling
Jun 02 2011 at 10:39
1 posts
Isn't this opening right now a bit suicidal?
Oliver (Kollinger)
Jun 02 2011 at 11:11
30 posts
I even think so. And I am thinking of closing the trades, but I am not sure. Normally I think, manual intervention is not good. Let this bot do his job, but I am not sure no more, of this EA is a good bot, so I watch every trade very closely. I was thinking of refunding this EA. Let's see.
lunno
Jun 02 2011 at 11:31
5 posts
Here,
03 orders open now, on system just 02.
Oliver (Kollinger)
Jun 02 2011 at 12:10
30 posts
I have also only two...
arya
forex_trader_[12567]
Jun 02 2011 at 12:22
276 posts

Kollinger posted:
    I even think so. And I am thinking of closing the trades, but I am not sure. Normally I think, manual intervention is not good. Let this bot do his job, but I am not sure no more, of this EA is a good bot, so I watch every trade very closely. I was thinking of refunding this EA. Let's see.

refund, then re-join to next 60-days trials :P
fineguywhosnice
Jun 02 2011 at 16:36
28 posts
Just closed 2 losing trades...-45 pips and -70 pips...did not get any of the winners that are listed here...and I have the paid monthly service. Interesting.
cunod
Jun 02 2011 at 18:32
97 posts
As much as I hate to see the loosing trades, only one month that is in a loosing position since launch is still dang good. Im gonna ride it one more month to see what happens.
Wolves
Jun 02 2011 at 20:09
10 posts
If this bot opened reversal trades with 30 pip TP and 15 pip SL with SL moved to BE at +15 pip im sure it would out perform this so called trend trading system.
haditoshinakata (messidona)
Jun 03 2011 at 00:08
56 posts
Today my account with FGB open 3 trade, not 2 trade as FGB pages:
10.15 GMT BUY = -39
10.30 GMT BUY = -39
17.45 GMT BUY = -38

Anyone have same with me, got the 3rd trade?
arya
forex_trader_[12567]
Jun 03 2011 at 00:31
276 posts

Wolves posted:
    If this bot opened reversal trades with 30 pip TP and 15 pip SL with SL moved to BE at +15 pip im sure it would out perform this so called trend trading system.

is there any free EA, that can create the hedge (reversal trade) every a millisecond any opened trade? the reference is magic number. so, if we use a lot of EA, that EA only open the specific magic number.
Adolf
daily_martingle
Jun 03 2011 at 02:59
239 posts
there is no need to hedge ur trade. i dont know why FGB developers are not clever enough. look at this link i am using FGB too. but the result is so much better. becouse i am using it in a difffrent way.
https://www.myfxbook.com/portfolio/way-to-win/110327
in fact i am using another EA's on this account too. but the result on EURUSD in belong to FGB.68% won on this pair.
after every trade i am deleting the SL. and if the market was in profit i will use trailing stop 20 or 25.
but when the market goes in the opposite way i use manual martingle system , at least 100 pip step.
in this way i will never get cought.
its good to some EA use martingle system to avoid losses.
Adolf
daily_martingle
Jun 03 2011 at 03:02
239 posts

messidona posted:
    Today my account with FGB open 3 trade, not 2 trade as FGB pages:
10.15 GMT BUY = -39
10.30 GMT BUY = -39
17.45 GMT BUY = -38

Anyone have same with me, got the 3rd trade?

dear messidona
i had that trade too. but i didnt loss any trade. in face i closed my FGB trade with +17 and +11 pips in the same way i speaked abut lately.
i did not lose 60% of my balance in May. i gained and gained , with martingle system or deleting the stop loss and waiting more,
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