Robin J.S. (By fmonera)

The user has deleted this system.

Robin J.S. Discussion

Jan 09, 2012 at 14:55
2,471 Views
23 Replies
Member Since Oct 01, 2010   5 posts
Jul 08, 2012 at 22:19
Congrats. Nice system, looks promising.
Member Since Oct 01, 2010   5 posts
Jul 08, 2012 at 22:25
I was reviewing some of your previous trades and I see that the system does not use FIFO. Is there a setting to make your system FIFO compliant for U.S. residents? Thanks in advance.
Member Since May 10, 2011   8 posts
Jul 08, 2012 at 23:37
Yes. You have to set fifo=true.
There is no difference in profitability, so probably I will set fifo=true by default and remove the option in future versions.
ForexScam
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









 
Member Since May 10, 2011   8 posts
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...
Member Since Jan 31, 2011   724 posts
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.
ForexScam
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




Member Since May 10, 2011   8 posts
Jul 16, 2012 at 21:57
As I said, I tried to program the first strategy as similar as possible, but there are differences stated above.
Member Since May 10, 2010   382 posts
Jul 16, 2012 at 22:41
Member Since Jan 31, 2011   724 posts
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.
ForexScam
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.
Member Since Sep 29, 2010   182 posts
Jul 17, 2012 at 17:02
thank god I didnt pay for this EA! this EA is not worth the price the vendor is asking for. At best this EA is FGB with visible SL.
Get Rich or Die Trying
Member Since May 30, 2012   37 posts
Jul 25, 2012 at 16:26
Hi does this bot lose control of trades when restarted like FGB?
Member Since May 10, 2011   8 posts
Jul 25, 2012 at 21:51
No it doesn't. If you restart the EA it will keep managing the opened trades normally.
Member Since Sep 30, 2011   72 posts
Jul 29, 2012 at 06:10
This is the best EA I've ever known. I trade forex for about an year and at last I have confidence that with time I will earn $1000000.
Earning money should be boring. If you feel excited or worried, your risk settings are too high.
Member Since May 30, 2012   37 posts
Jul 30, 2012 at 09:50

fmonera posted:
No it doesn't. If you restart the EA it will keep managing the opened trades normally.

Cool thanks
Member Since Feb 19, 2010   31 posts
Aug 02, 2012 at 19:32
What happened today? I'm seeing two very bad trades -91 pips and -67 pips ...
No PAIN= No GAIN!!!
Member Since Oct 20, 2009   86 posts
Aug 03, 2012 at 10:05
Yikes.

Prefer FGB.
Member Since May 30, 2012   37 posts
Aug 03, 2012 at 11:02
FGB and this bot gets owned by whipsaws, which is what happened here with the Draghi speech.
Meta4r3x
forex_trader_55397
Member Since Dec 02, 2011   51 posts
Aug 03, 2012 at 11:39
FGB is crap, this clone is double crap.. 😁
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