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GPS Forex Robot FxChoice (By Mark Larsen )

Gain : +250.17%
Drawdown 30.79%
Pips: -172.6
Trades 521
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

GPS Forex Robot FxChoice Discussion

Glendower
Oct 16 2020 at 05:03
11 posts
The EA arbitrarily massively increased lot size on it’s own.

trojanz
Oct 20 2020 at 09:41
4 posts
Yes it opens a reverse trade should your position gets a SL. You can also adjust its multiplier of 7 to another number should you feel uncomfortable with the lot size. Or you can also turn off reverse trade if you prefer. But that's the point of the reverse trade, To cover the loss.

Norman PeLeU (PeLeU_kopa)
Oct 22 2020 at 09:03
11 posts
This EA is good to make some money on a 1:100 leverage account?
 Just asking...

Glendower
Oct 22 2020 at 10:11
11 posts
Caveat Emptor.. my experience was not good, see my posts above. It randomly changes lot size, and sometimes makes BIG mistakes.

Desilator
Oct 22 2020 at 16:03
2 posts
I have yet to have an issue with this bot. It has lost two trades and recovered it on the reverse. If you have the standard settings it should be trading 0.01 lot size per $100USD. If you have $199 USD in your account it will still trade 0.01 until you break that next tier at $200 which it will start trading 0.02 lots. For me, it was producing between 1.12% and 2.59% a month. Mine only trades EUR/USD. Again these are all stock settings. It's looking for about 2 pips per trade. It will never go on a huge run with the stock settings. If you are actively day trading on the same account you could potentially screw the bot up if it needed to make a reversal trade and you had the money potentially tied up in another trade. I would put this bot on one account almost like a 'Bond' fund in an investment portfolio and just let it run. If you are day trading on a different account then maybe shift part of your winnings to the bot and keep those gains locked in and safely growing.

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Glendower
Oct 22 2020 at 16:26
11 posts
None of the above, only trading the Bot on the account, it just went MAD, and took, frankly for the FIRST time, a way too big lot size against the trend, and reversed at exactly the wrong time. I'm out.

Glendower
Nov 03 2020 at 14:01
11 posts
Desilator
Nov 03 2020 at 17:21
2 posts
Glendower posted:
Yes.....
Can you share your MyFXBook link? Also, if you reach out to their support they will offer to log into your VPN and look at your bot settings. They take about a week to get back to you but they do a nice job...from my personal experience. They do seem to care about their product and want to make sure there is nothing wonky going on. I'm also using FXChoice as it's the broker they recommended for their bot.

This week I turned on the trailing stop feature for the first time and it took one trade. Trailing Distance was 6.0 (I dropped it to 5.0) and kept the Trailing Step at 1.0. It was able to grab a few extra pips. I really would reach out to them because if there is a bug for you then there is a bug for all users.

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Glendower
Nov 03 2020 at 19:21
11 posts
I Did all that, Endless emails as I couldn’t get the robot to work, after literally weeks, between FXChoice and GPS support, I got the bot working. Did about 2 trades a week, steady and made a littler money then ...wham then goes crazy.....

Mark Larsen (ForexMark)
Nov 05 2020 at 09:44
272 posts
Hello,

tapixFX posted:
good results
how much for this martingale ea ?


Here you can find all necessary information include software description, advantages over any other system, last results on verified accounts, investor access, webinar with developers and many other useful things:
https://gpsforexrobot.com/full/

Glendower posted:
I Did all that, Endless emails as I couldn’t get the robot to work, after literally weeks, between FXChoice and GPS support, I got the bot working. Did about 2 trades a week, steady and made a littler money then ...wham then goes crazy.....


Please accept my apologize for late reply. Unfortunately I'm not have possibility to answer often. Please in the future contact support: support@gpsforexrobot.com

Thank you!

Best regards,
Mark

GPS Robot and YieldNodes.Org
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