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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

tapachula (tapachula)
Jul 08 2011 at 16:10
193 posts

stevetrade posted:
    Of course you might want to analyse the backtest data and see how much profit or loss can be attributed to NFP day trading from the EA.



Hi Steve, you are one post to 1K posts. Nice to see you here.

oxy388 (oxy388)
Jul 08 2011 at 16:13
15 posts

tapachula posted:
    
oxy388 posted:
    i am turn off ea FGB and start sunday


Better start tuesday, when a high desviation from economic data is released in friday sometimes continue until next session.

for all ,better before start EA FGB you open news in forexfactory,if have news high impac better dont run EA until normal condition. If you running EA FGB in the normal market i think can make money from money..........hapy trading tuesday...with FGB.

corporatemonkey
Jul 08 2011 at 16:15
25 posts
yeah, that's true Steve.. I have just checked the past 3 months and it looks like this Unemployment Data, while being historically the most significant announcement for the month, hasn't triggered any trades in May or June on the day, while in April it did cause some bad trades early, it completely recovered the losses in the afternoon to end in profit so I'm not entirely convinced that today wasn't just really unluckly for some reason perhaps due to the EURUSD hiting significant support and the institutional traders gunning for everyone's stops.....

stevetrade (stevetrade)
Jul 08 2011 at 16:27
1408 posts

tapachula posted:
    
stevetrade posted:
    Of course you might want to analyse the backtest data and see how much profit or loss can be attributed to NFP day trading from the EA.



Hi Steve, you are one post to 1K posts. Nice to see you here.


Thanks, not been around much for a while. Been busy with other stuff

fxtyrant
Jul 08 2011 at 16:34
71 posts
been running this ea this week but i got absolutely burned today because of th NFP report, poor FGB doesnt know what trades to enter... if only theres a feature that would Let the EA continue running but not enter any trades on the day of NFP... its not hard to build that in, just needs FGB to read from a source where it can tell the bot that theres NFP today then the bot would disable trades for the NFP day...

otherwise its been a great bot, i need some ones comment, Guys, i need a real record that FGB performed well despit having an NFP in June, can anyone tell me what their total pips is from June 1 to June 30??

oxy388 (oxy388)
Jul 08 2011 at 16:42
15 posts

bguguen posted:
    been running this ea this week but i got absolutely burned today because of th NFP report, poor FGB doesnt know what trades to enter... if only theres a feature that would Let the EA continue running but not enter any trades on the day of NFP... its not hard to build that in, just needs FGB to read from a source where it can tell the bot that theres NFP today then the bot would disable trades for the NFP day...

otherwise its been a great bot, i need some ones comment, Guys, i need a real record that FGB performed well despit having an NFP in June, can anyone tell me what their total pips is from June 1 to June 30??


dear friend,
total pips in 01 june - 30 june 2011 are loss = -98.2 pips.

dont forget before you running FGB read a news....... EASY COME PROFIT AND EASY GO LOSSES.

ForexPro
Jul 08 2011 at 16:45
382 posts
-370 pips today, the heaviest loss on a single day ever on this acc. 😲

fxtyrant
Jul 08 2011 at 16:58
71 posts

oxy388 posted:
    
bguguen posted:
    been running this ea this week but i got absolutely burned today because of th NFP report, poor FGB doesnt know what trades to enter... if only theres a feature that would Let the EA continue running but not enter any trades on the day of NFP... its not hard to build that in, just needs FGB to read from a source where it can tell the bot that theres NFP today then the bot would disable trades for the NFP day...

otherwise its been a great bot, i need some ones comment, Guys, i need a real record that FGB performed well despit having an NFP in June, can anyone tell me what their total pips is from June 1 to June 30??


dear friend,
total pips in 01 june - 30 june 2011 are loss = -98.2 pips.

dont forget before you running FGB read a news....... EASY COME PROFIT AND EASY GO LOSSES.


Right im just curious is there a way for FGB to avoid high impact news??

corporatemonkey
Jul 08 2011 at 16:59
25 posts
1st June to 30th June is +391.1 pips after the losses are deducted.. I'm not sure where you get -98.2 pips from? is that from your account rather than the myfxbook account? if so I would change brokers :o) the myfxbook account shows 186% growth in June, making it the best month for the Bot this year, of course that's not a compounded percentage but rather based on the $250 initial deposit...

tapachula (tapachula)
Jul 08 2011 at 17:13
193 posts

Ethan posted:
absolute gain is a simple (profit/deposits)*100.

Cumulative gain on the other hand accumulates over your account's history. If you had one deposit only, the cumulative and the absolute gains would be the same. If you had multiple deposits, then for each deposit term, you need to calculate a yield (same formula as above) and sum it up.

Example:
1. Deposit $1000, profit $500, gain is 50%, balance is now $1500.
2. Deposit another $2000, profit $500, yield is (500/3500)*100 = 14.2%.

Cumulative yield is 50+14.2 = 64.2% and absolute yield is 1000/3000=33.3%.

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