Forex Growth Bot Discussion

ForexGrowthBot is 15M timeframe system and entry/exit signals come at each 15 MIN and nothing happens inside the bar. It’s useless for us test on each tick (1min)

fxgrowthbot posted:
    ForexGrowthBot is 15M timeframe system and entry/exit signals come at each 15 MIN and nothing happens inside the bar. It’s useless for us test on each tick (1min)

right I agree ... all actions are always executed at 00/15/30/45 min so you could backtest with less than 90% accuracy eg: having just M5 or M15 data

Now (Monday, 1/03) it's 5 losing trades in a row. Down about 140 pips.

which broker are you using?,
i never got trades today.
regards

I got 1 losing trade on fx primus live ac of 28 pips. No trades on aaafx demo ac.

Their live ac here got no trades either.

Noticed all trades open at bar opening prices.

All trades also close at bar intervals at m15 timeframe.

This could be potentially disastrous. Imagine when news breaks and it moves 100+ pips. It won't exit till the next bar interval by which time you'll be out of a big chunk of change. It should exit with stops at calculated points. Not exit at time intervals. This is beginning to look more like a work in progress than a finished product.

I logged in using the investor password. The account number is 1151607:deposit is 0.00, profit/loss is 0.00 and there is no account history - in other words, this is an empty account.

The account number shown on the sales page is 11202940 so we are not being invited to follow that account, but instead we are being invited to follow an account that is not being traded and never has been traded.

In addition, the MyFxBook page shows a very strange pattern that has already been commented on.

There is obviously some attempt at deceit here, so buying the robot is out of the question.

Have you used MT4 before? I show a deposit, valid trading history, and profit. I was able to login without a problem from what is advertised on the site.

clam0391 posted:
    I logged in using the investor password. The account number is 1151607:deposit is 0.00, profit/loss is 0.00 and there is no account history - in other words, this is an empty account.

The account number shown on the sales page is 11202940 so we are not being invited to follow that account, but instead we are being invited to follow an account that is not being traded and never has been traded.

In addition, the MyFxBook page shows a very strange pattern that has already been commented on.

There is obviously some attempt at deceit here, so buying the robot is out of the question.

go to history,right click and click on all history,
regards

clam0391 posted:
    I logged in using the investor password. The account number is 1151607:deposit is 0.00, profit/loss is 0.00 and there is no account history - in other words, this is an empty account.

The account number shown on the sales page is 11202940 so we are not being invited to follow that account, but instead we are being invited to follow an account that is not being traded and never has been traded.

In addition, the MyFxBook page shows a very strange pattern that has already been commented on.

There is obviously some attempt at deceit here, so buying the robot is out of the question.

goo again on this account click the history and then right click .. 'ALL History'

Clam0391, you have to right click on account history and click on 'All History' and you will clearly see all of the trades there that are a mirror of the trades being shown right here, just like I have done many times in the past few weeks with no problems. I am very interested in buying this EA so I am checking the results every day.

 So don't always go jumping to conclusions about not seeing something in an account with a investor password and expecting that its a scam because you don't know how to operate MT4. I logged in just now to make sure there wasn't a problem with there servers, and I am in just like flint.

 I have no clue as to what you are talking about 'a very strange pattern that has already been commented on' ?? Every single trade in identical to this statement on MyFxBook.

I see the history. The account is a live account.

OK thanks I see the history now, and the trade tab now gives the correct figure ( it gave 0.00 when I first logged in.)

The strange pattern commented on much earlier (look through the comments) is the steep rise with the first seven trades, then a sudden change to a much more gradual increase. Those big gains are never repeated. However, I see the reason - the lot size for those big trades was 0.05 but the later trades used 0.01 lots.

Three trades opened today (short in the 1.3160 area. I'm using MB Trading btw). One has been stopped out for another loss of about 35 pips. The other 2 are in a small profit.
Basically, it seems that the bot buys at resistance and sells at support. It will take a good run to make back the pips lost so far.
The remainder of the week will be interesting (with NFP). I'm thinking the bot will either prove itself or it will be time to move on.

It also seems that the programmer of the bot has 'vacated the premises' ??? I'll post the outcome of the trades and I guess, try to convince myself for the next couple of days that this isn't just another piece of crap EA.

The EA opens and closes trades at close or open of 15 min candles. When there's an event like tonights NFP numbers where it moves big time. We could get lucky if it goes our way or very bad if it does not. The EA may not stop out until the next candle which isn't a good thing.

The EA did close the remaining 2 trades in profit, about 67 pips each. So, it's in profit for the week and still 39 or 40 pips down since I began testing. At least that's a little more encouraging. Will just have to see how the next few trades go, I guess.

Looks like its on a roll now. 3 open trades all profitable so far.

Does this EA work with other EA on the same accounts?

temitope123 posted:
    Does this EA work with other EA on the same accounts?

Yes