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GPS Robot FxChoice 100k (By Mark Larsen )

Gain : +566.97%
Drawdown 37.70%
Pips: 317.5
Trades 500
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

GPS Robot FxChoice 100k Discussion

xsuperfiendx
May 19 2019 at 05:57
5 posts
And.. I did not blow my account. Sure, lost a few pennies but there's a reason I traded such a low risk volume -- To prove that the EAs strategy is flawed. Any seasoned forex trader would have noticed that at first glance of the trade history on the sample accounts provided here. Here is the strategy - 98% win ratio due to 2 pip gains. Opens reverse trade after large initial loss, then that reverse trade has no stop-loss practically as the stop loss is 50% of account equity.

Now this is with an ultra low risk account, imagine trying to keep up with let's say the average return of QQQ within the last 10 years. Risk would have had to be turned up so high that the reverse trade would have blown the account at some point due to a 50% stop-loss.

xsuperfiendx
May 19 2019 at 05:58
5 posts
Anything lower than that is not worth the investment.

armpg79
May 21 2019 at 06:01
1 posts
Nii_Mantey
Jul 06 2019 at 20:41
3 posts
Just enjoying the discussion

ForexPips (oanda88)
Jul 07 2019 at 06:08
27 posts
what is the good setting for the ea any one can share?

Broom sweeper (BroomFx)
Sep 04 2019 at 21:18
1 posts
Ok i'm Not saying GPS is a good system or a bad system I'm simply sharing Backtest images because I know you can't test it after you buy it

Attachments:


Follow me and you never go hungry again.
vontogr (togr)
Sep 04 2019 at 22:08
4862 posts
BroomFx posted:
Ok i'm Not saying GPS is a good system or a bad system I'm simply sharing Backtest images because I know you can't test it after you buy it

90% backtesting is close to nothing

rickyalpari_1
Sep 05 2019 at 06:56
53 posts
The Expectancy is too low to think that in a real market you will have the same trade like in BT and following the myfxbook account...

vontogr (togr)
Sep 05 2019 at 06:58
4862 posts
GPS is making 2% monthly with 30% DD
I have system with 2% monthly and 20%, one trade at time no marti. Yet I am going to close it as do not consider it good enough and use funds for other system of mine.

Mark Larsen (ForexMark)
Sep 05 2019 at 11:10
270 posts
Hello,

Yes, this is true. Unfortunately in the current world already long time ago backtests it's just one more thing for marketing for developers who can't provide stable forwardtests on live accounts. They try to find at least something to show to sell their system. We made tests huge number of robots with 10 years ideal backtests with 99% mq and no one system not shows stable trading on forwardtest more than few weeks. Only forwardtests, only real money accounts, only long term. Moreover be sure that you use not pirate copy because it will not support full analyzes in any case.

BroomFx posted:
for future messages please not send me pm, I not have possibility to answer fast, please just contact support directly.

Best regards,
Mark


GPS Robot and YieldNodes.Org
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