GPS Forex Robot EU (Real Money) (by AntonyKemble) Quick Stats
Gain: +21669.51%
Drawdown: 11.33%
Pips: 5310.4
Trades: 1573
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

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GPS Forex Robot EU (Real Money) Discussion
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chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Jul 27 at 04:34
FXtrader2010 posted:
I haven't had a trade with this EA for almost 2 months.


Dear FXtrader2010, I believe there is something wrong with your settings. Please double again every step with the help from your user guide. Any one step missing, you will be stuck and gps won't place any trades for you. Simple as that. All the best and take care:)

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Jul 27 at 04:38
FXtrader2010 posted:
very impressive!


Yes, gps works amazingly if you know what you are doing and how to manage your risk well. But this account is much more than what we normally expected. I believe this user has something else that we don't know about. I hope that he will share more with us all on his settings and what he did with this EA with the settings that he has. This is truely a mystery to many of us as gps users.

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Jul 27 at 04:39
gixipossi posted:
which settings do you use for your GPS to reach those results?


Very good question. I hope Antony will share more with us on this. cheers:)

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Jul 27 at 04:41
FXtrader2010 posted:
Birdman posted:
unless you go with their broker they will disable it, its in their advantage to earn rebates from traders using the GPS 'EA'. I actually believe its a signal service they manually trade the account, dead give aways are:

1. you cannot back test GPS, why not?

2. The broker they use Myfxchoice has the GPS built into their platform

3. Same issue i had was GPS worked for 1 mth, then it stopped, meanwhile it was executing on their account linked on myfxbook

4. Doesnt work on a Demo account, why not?

I believe what they are doing is running a signal service and selling the EA for obvious reasons, it will work for you providing your with their broker, if you have a large account would you transfer funds to an unregulated country?

I hope this helps clarify for you, i've been there too but soon enough I uncovered their scam..hopefully this information was of some use to you.
Oh wow, this wouldn't surprise me and I will definitely be turning it off after today. What a piece of shit! Thank you for sharing this.


I don't think gps is no good and useless at all. Yes, it is not perfect, but by no means that it is bad, not at all. It's all depending on what settings you use and how you manage them well.

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Jul 27 at 04:57
Birdman posted:
unless you go with their broker they will disable it, its in their advantage to earn rebates from traders using the GPS 'EA'. I actually believe its a signal service they manually trade the account, dead give aways are:

1. you cannot back test GPS, why not?

2. The broker they use Myfxchoice has the GPS built into their platform

3. Same issue i had was GPS worked for 1 mth, then it stopped, meanwhile it was executing on their account linked on myfxbook

4. Doesnt work on a Demo account, why not?

I believe what they are doing is running a signal service and selling the EA for obvious reasons, it will work for you providing your with their broker, if you have a large account would you transfer funds to an unregulated country?

I hope this helps clarify for you, i've been there too but soon enough I uncovered their scam..hopefully this information was of some use to you.


Thanks Birdman for your comments. Here are my responses as follow:
1. Unfortunately we don't know the reason why you can't backtest gps but that's how it is. Not able to backtest but able to forward testing with both demo and live only. If you really want to know, my suggestion for you would be maybe it's best to email directly to gps support and see what they say about this. To me, backtest is good but not perfect. The most important thing is, it really work and works well even for a very, very long time. It's a long term profitable EA. It's very hard to find any other EA that could do so. That's what matters to me. no offense please. thanks.

2. Yes that is correct. But even if you use other brokers, there should be any problem at all. I don't know what happen to your case or some other people's cases. But so far in our gps group (in discord app), so far I haven't heard of any issues like this before. This is an interesting topic to me.

3. Some of us have similar issues like this. One of the possible reason we suspected was, it could be with the vps server that we subscribed to. Therefore, it is advisable to restart your vps every once a week during weekends where there are no trading sessions, so that your gps trades are good to go again on Monday.

4. Yes it does work on demo accounts as well as live account, or maybe you have some other issues that we don't know about?
If you purchased the licence from gps official website. Then there shouldn't be any problem for this. Unless maybe, just maybe if you got this copy of gps from someone else that are not legit, then that could be possible to have all sorts of problems that you will never expect of. That is only my wild guess, I don't know, or maybe I'm wrong about this. Just to share my thoughts with you, that's all.




    





chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Jul 27 at 05:22
chkochong posted:
nayanmipun posted:
Dear Friends, This is with Auto Analyst Off or On?


I think Auto Analysis is set to TRUE because you could see that it traded very often. This is what users refer to as Fast Settings. The default settings is what usually called Slow Settings where AA (Auto Analysis) is set to False. cheers:)


Sorry everyone, I've just realized that I have said exactly the opposite way which was WRONG. My apologies. What I meant was, AA set to FALSE is fast settings which gps trade every day that will give you more profits. AA set to TRUE (the default settings) is considered as Slow Settings. So I think Antony is using Fast settings in this account. thanks.

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Jul 27 at 05:26
chkochong posted:
nayanmipun posted:
Dear Friends, This is with Auto Analyst Off or On?


I think Auto Analysis is set to TRUE because you could see that it traded very often. This is what users refer to as Fast Settings. The default settings is what usually called Slow Settings where AA (Auto Analysis) is set to False. cheers:)

Sorry nayanmipun, I've just realized that I have said exactly the opposite way which was WRONG. My apologies. What I meant was, AA set to FALSE is fast settings which gps trade every day that will give you more profits. AA set to TRUE (the default settings) is considered as Slow Settings. So I think Antony is using Fast settings in this account. thanks.

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Jul 27 at 05:41
Birdman posted:
unless you go with their broker they will disable it, its in their advantage to earn rebates from traders using the GPS 'EA'. I actually believe its a signal service they manually trade the account, dead give aways are:

I believe what they are doing is running a signal service and selling the EA for obvious reasons, it will work for you providing your with their broker, if you have a large account would you transfer funds to an unregulated country?

I hope this helps clarify for you, i've been there too but soon enough I uncovered their scam..hopefully this information was of some use to you.


Dear Birdman, I think I would disagree with you on this broker (Fxchoice, if that's what you mean) is a scam with these bad intentions and tactics used. Yes, I would think that Fxchoice might have made an agreement with gps EA company and therefore it is recommended to be their broker. But I think based on my experiences and many others as well, Fxchoice is a very trusted and reliable broker. Yes, they may not be a perfect broker for all, and also not suitable for some EAs due to different requirements and conditions that is needed for such EAs operations or so. But, I think it would be unfair to call them scams because they gave some sort of negative impression to some of us or so. To many of us as gps users, we used many different brokers as well, so far from our experiences, gps works with any broker that we chose and so far none of us have any major problem at all when working with gps. The only problem that I suspected to be having problems are, the bad brokers or scam brokers which give you problems by manipulating your trades, or try to trade against you (market makers), or try to stop you from withdrawing your money, keep calling you to offer you bonus that you don't need, that sort of things are what bad brokers normally would do their clients.

Well, I could be wrong at some point, feel free to correct me if you wish to. No problem. Anyway, these are just my thoughts to share with you. that's all. thanks and take care:)

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