Robin J.S. (By fmonera)
The user has deleted this system.
Robin J.S. Discussion
forex_trader_32776
Member Since Mar 28, 2011
1008 posts
Jul 09, 2012 at 09:26
the first signal looks identical to Forex Growth bot.
Here is FGB first trade
then Robin's
Here is FGB first trade
then Robin's
Jul 09, 2012 at 09:43
Here you have some differences and similarities with Growth Bot:
1) I tried to program the first strategy as similar as possible although there are some differences:
- Long period over 100 works in Robin VOL and in fact here are nice settings such as the one I posted on M5 with this value around 200.
- When the short period is different than 5, Robin VOL is much better, not sure why. Maybe there is a bug in their side but I don't know it.
2) We have a second complementary strategy
3) We have good position sizing (%risk, %risk adjusted to recent range and fixed), with no double sized lots and so on.
4) We can restart the terminal with opened trades (even update to a new version of the EA)
5) Trade management is different I suppose, although there are not much ways to implement a net-position algorithm.
6) It can work on different charts and pairs at the same time without one instance opening trades on other instances.
7) You can backtest it on your live account without the EA opening live trades
8 ) Server side Stop Loss and Take Profit without affecting profitability
9) UI showing tp, sl, opened positions, basket results, ...
10) Limit the EA to a portion of the complete balance
11) Can close trades on weekends
12) Different licensing model (we allow unlimited demo and real accounts but fixed to a single machine)
13) support
14) We don't have early exit (exiting immediately in next two bars if things seems wrong) as I think this is just curve-fitting
15) Our timed exit is based on bars and not on time, so it can be adapted to any timeframe. It can be configured.
...
There are more and there will be more. I have two more volatility formulas that are profitable and will be included in future versions. Walk forward too...
1) I tried to program the first strategy as similar as possible although there are some differences:
- Long period over 100 works in Robin VOL and in fact here are nice settings such as the one I posted on M5 with this value around 200.
- When the short period is different than 5, Robin VOL is much better, not sure why. Maybe there is a bug in their side but I don't know it.
2) We have a second complementary strategy
3) We have good position sizing (%risk, %risk adjusted to recent range and fixed), with no double sized lots and so on.
4) We can restart the terminal with opened trades (even update to a new version of the EA)
5) Trade management is different I suppose, although there are not much ways to implement a net-position algorithm.
6) It can work on different charts and pairs at the same time without one instance opening trades on other instances.
7) You can backtest it on your live account without the EA opening live trades
8 ) Server side Stop Loss and Take Profit without affecting profitability
9) UI showing tp, sl, opened positions, basket results, ...
10) Limit the EA to a portion of the complete balance
11) Can close trades on weekends
12) Different licensing model (we allow unlimited demo and real accounts but fixed to a single machine)
13) support
14) We don't have early exit (exiting immediately in next two bars if things seems wrong) as I think this is just curve-fitting
15) Our timed exit is based on bars and not on time, so it can be adapted to any timeframe. It can be configured.
...
There are more and there will be more. I have two more volatility formulas that are profitable and will be included in future versions. Walk forward too...
Jul 10, 2012 at 19:23
Thanks for the explanation and honesty. Most developers would have denied it outright. Instead, you chose to be up front and let everyone know that it is the same concept with a completely different method backing it up. Nothing wrong with that at all.
Make losses, but always come out a winner at the end.
forex_trader_32776
Member Since Mar 28, 2011
1008 posts
Jul 16, 2012 at 16:47
fmonera posted:
Here you have some differences and similarities with Growth Bot:
1) I tried to program the first strategy as similar as possible although there are some differences:
Similar or identical?
Forex Growth Bot
RObin
Jul 16, 2012 at 22:41
Jul 17, 2012 at 04:44
Regardless of whether or not the same theory is used, it is a different system. The trades are not identical. Close...yeah. So what. I Mr. Morrison doesn't have issues with it, then it is legitimate. Everything that can be used has been used. The only thing left is to use it in a different way.
Make losses, but always come out a winner at the end.
forex_trader_32776
Member Since Mar 28, 2011
1008 posts
Jul 17, 2012 at 05:07
RobinVOl will use the FGB first signal ( since this system has an alarming success over the long term) and manage concurring signals a little different. The theory is to add to a profitable signal.
The signal is clearly Forex Growth Bot and whether Mr Morrison is getting Royalties from RobinVOL should be the only morality here.
Do you remember signal providers using FGB and then managing those trades differently? Their still using the FGB Signal whether they close or open concurring signals differently.
The signal is clearly Forex Growth Bot and whether Mr Morrison is getting Royalties from RobinVOL should be the only morality here.
Do you remember signal providers using FGB and then managing those trades differently? Their still using the FGB Signal whether they close or open concurring signals differently.
forex_trader_55397
Member Since Dec 02, 2011
51 posts
Aug 03, 2012 at 11:39
FGB is crap, this clone is double crap.. 😁
