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GoldBull Pro Aggressive (by GoldBull_Pro)

Gain: +12082.75%
Drawdown: 18.57%
Pips: 2668.1
Trades: 1899
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Automated
ibthescottyb
Jun 08 2015 at 11:32
407 posts
Running live - seems to be ok so far

yonkuro
Jun 08 2015 at 14:59
5 posts
here is another live result using ic markets https://www.myfxbook.com/members/camel8888/goldbull-pro/1253325

winner never quit and quitter never win
rob559
Jun 08 2015 at 15:11
1916 posts
this is a scalper,we will see how it goes during the worst time of the year for scalpers ,july and august

HedgeEdge
Jun 11 2015 at 10:21
51 posts
Hi,

here's my take on this EA: as with other aggressive scalpers, it is imperative that you run it on true ECN broker, with minimal spreads (i.e. 0.1 - 0.5 pips) and low commissions, when commissions are included the transaction costs should not exceed 1 pip.
Very important as well is execution time (the EA stays in trades for seconds) and as low slippage as possible.

If you look at the performance metrics of this live account (not mine)
https://www.myfxbook.com/members/GoldBull_Pro/goldbull-pro-live/1229593/mYUG1RsrawmqfnbMFKVb
you will notice that the only pair in the green is EURUSD, and only on the long side. Everything else is a waste of money/time, even though the history is relatively new.

My opinion is that these stragies can last a couple of months until the brokers understand the strategy, then they will kill you with slippage and/or they will delay your execution to death.
I've lost more money with similar strategies than I can remember. This is not an impulsive scalper à la MDP but is still pretty extreme.
It's no wonder that the vendor doesn't show a live statement...

Nico1359
Jun 18 2015 at 06:47
6 posts
Only a week in to using this EA on my demo account and already up 10%. I don't want to get my hopes up too much, but looks like it might be worth a go live.

HedgeEdge
Jun 18 2015 at 19:26
51 posts
Demo isn't going to do much for you as it doesn't factor in slippage and execution time (slippage especially).
I've seen scalpers come and go and in my experience MT4 as a platform isn't equipped to handle aggressive scalping very well. cTrader maybe (just maybe).
It's a tad suspicious that the vendor doesn't show a live performance. I'd like to see a decently sized account, say 1k, and at least 6 months of forward testing. This would give me some comfort...

Professor53
Jun 18 2015 at 19:41
795 posts
CHeck out live real money on ibthescottyb chart above. Not the same as demo.

Click on my Name to see My Live Charts and Bio.
Nunes82
Jun 19 2015 at 13:18
7 posts
ATENTION! This EA doesn't show the same results in demo and in real account.
Bought this EA got 25% of the account lost.
Ask for a refund dozen times and the seller Always refuses.
If he was so sure about his EA why no offer a refund??

And he block a friend of mine from posting on this tread after is said the truth.
The people who come here speak the truth are just prohibited from posting... Really a good kind of seller!!
STAY AWAY from this guy

ricki72
Jun 19 2015 at 15:56
238 posts
Hi Nunes,
which broker?
Is the spread and slippage very little as recommended?

The differenece between who your are and who you would like to be be is what you do
Gilmar Dela Justina (GilmarDJ)
Jun 20 2015 at 19:51
5 posts
Meus resultados são os mesmos em conta DEMO e conta Real!!!
esse robo ja triplicou meu capital em poucos meses e com apenas 9% DD.
Melhor robo do mercado!!!!!

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