Forex Growth Bot

Gewinn : +2644.71%
Drawdown 94.46%
Pips: 8075.5
Trades 2881
Gewonnen:
Verloren:
Typ: Real
Hebel: 1:200
Trading: Automatisiert

Forex Growth Bot Diskussion

Dec 20, 2010 at 23:46
248,694 Angesehen
3,525 Replies
Mitglied seit Dec 28, 2011   94 Posts
May 31, 2013 at 17:41
Nothing to do with myfxbook. They have sent me notification regarding no update of accounts due to new MT4 new build unless using mug book update EA.
Mitglied seit May 08, 2012   321 Posts
May 31, 2013 at 19:11
scalptastic posted:
rob; unfortunately i don't have my result published anywhere; as i don't like to brag :)

Typical Forex bullshit. It ain't bragging if you can do it. Why don't you call it like it is. You don't want to share.
Mitglied seit Oct 05, 2012   38 Posts
May 31, 2013 at 19:15
Michigander posted:
scalptastic posted:
rob; unfortunately i don't have my result published anywhere; as i don't like to brag :)

Typical Forex bullshit. It ain't bragging if you can do it. Why don't you call it like it is. You don't want to share.

Mr Ken; no comments.

many people dont get it.
Mitglied seit May 08, 2012   321 Posts
May 31, 2013 at 19:34 (bearbeitet May 31, 2013 at 19:34)
No, I do get it. I am reasonably successful in trading. People ask a question, I answer it. I don't self aggrandize. No bull, no bloviating. Nuff said.
Mitglied seit Oct 05, 2012   38 Posts
May 31, 2013 at 19:40
Michigander posted:
No, I do get it. I am reasonably successful in trading. People ask a question, I answer it. I don't self aggrandize. No bull, no bloviating. Nuff said.

i dont think you get it dude

what is the point of seeing someone else's equity curve?

if you believe trading is good for you; do the hard work.

There is no substitute for hard work.

Even if I give you my exact system in writing; you will not be successful in implementing it.



Mitglied seit Mar 07, 2010   257 Posts
May 31, 2013 at 20:54
stevetrade posted:
I think the fact that the author has neither felt the need to update the results for this system, nor shown up to either modify or comment on it after it's recent poor performance is the last straw for me.

I'm out guys, I'm just lucky I have other things in my portfolio that have offset these recent losses.

Best of luck to the people that carry on with it. I'm sure in time it will recover but the recent drawdowns are now too horrific for me to contemplate using this EA on my account in the long term.

Best regards Steve

do you mind sharing other EA's that are performing better ?
Mitglied seit Jul 27, 2010   27 Posts
Jun 01, 2013 at 09:15
duzyfx posted:
stevetrade posted:
I think the fact that the author has neither felt the need to update the results for this system, nor shown up to either modify or comment on it after it's recent poor performance is the last straw for me.

I'm out guys, I'm just lucky I have other things in my portfolio that have offset these recent losses.

Best of luck to the people that carry on with it. I'm sure in time it will recover but the recent drawdowns are now too horrific for me to contemplate using this EA on my account in the long term.

Best regards Steve

do you mind sharing other EA's that are performing better ?

Forget it,I think the guys who really have good system will not share or sell it,most of them use it theirself,and some offer account managed,such as Spytrader system https://www.myfxbook.com/members/trade4hapi/spytrader/320952 ,I have tried to buy his system,which include several good EAs,but of course he won' t sell it,just offer managed account
Mitglied seit Mar 20, 2010   54 Posts
Jun 04, 2013 at 02:06
I wouldn't trust this syptrader account. Notice that the lots amount is locked. Why would someone lock their lot amount from being made public? A good reason I can come up with for locking a lot amount is that you don't want someone to find out that your system is using a martingale lot sizing technique.
Mitglied seit Mar 01, 2013   25 Posts
Jun 04, 2013 at 19:13
spytrader - it is not too complicated to find out the lot amount.
I checked euro only. this guy uses a very sophisticated form of martingale, applicated on a scalper with internal tp/sl, probably with a trailing stop. timeframe: M5. He doubles the lots, the steps are: 0,2-0,4....
In my opinion - it is a breakout fgb-like system, but martingale and scalper.
Mitglied seit Jul 27, 2010   27 Posts
Jun 05, 2013 at 03:02
falcon333 posted:
I wouldn't trust this syptrader account. Notice that the lots amount is locked. Why would someone lock their lot amount from being made public? A good reason I can come up with for locking a lot amount is that you don't want someone to find out that your system is using a martingale lot sizing technique.

I noticed that , https://www.myfxbook.com/members/trade4hapi/spytrader/320952 has open lots amount,obviously,it's not a martingale,just mixed with serveral different strategies,I have confirmed this with him.
Mitglied seit Mar 24, 2010   84 Posts
Jun 05, 2013 at 06:29
I think you made a mistake. I use several sub-systems in my portfolio and I use different risk to make the equity curve smooth.
I never use martingale system.


anglican007 posted:
spytrader - it is not too complicated to find out the lot amount.
I checked euro only. this guy uses a very sophisticated form of martingale, applicated on a scalper with internal tp/sl, probably with a trailing stop. timeframe: M5. He doubles the lots, the steps are: 0,2-0,4....
In my opinion - it is a breakout fgb-like system, but martingale and scalper.
Mitglied seit Mar 24, 2010   84 Posts
Jun 05, 2013 at 06:31
did you see any one who run martingale system for more than 2 years with under 20% drawdown?
I think you can also see my system on Currensee since I am also the top leader on Currensee.
[link removed. Do not advertise your system in other's system discussion threads.]
I think you can also chat with my followers to check whether my system is a martingale system.

Regards,

falcon333 posted:
I wouldn't trust this syptrader account. Notice that the lots amount is locked. Why would someone lock their lot amount from being made public? A good reason I can come up with for locking a lot amount is that you don't want someone to find out that your system is using a martingale lot sizing technique.
Mitglied seit Mar 01, 2013   25 Posts
Jun 05, 2013 at 21:48
trade4hapi posted:
I think you made a mistake. I use several sub-systems in my portfolio and I use different risk to make the equity curve smooth.
I never use martingale system.


anglican007 posted:
spytrader - it is not too complicated to find out the lot amount.
I checked euro only. this guy uses a very sophisticated form of martingale, applicated on a scalper with internal tp/sl, probably with a trailing stop. timeframe: M5. He doubles the lots, the steps are: 0,2-0,4....
In my opinion - it is a breakout fgb-like system, but martingale and scalper.

ok, if I say martingale, I mean every system with a sophisticated money-management. You can say that it is not a martingale, but it is a system that increases a lot amount depending on something different than balance. Your reasons can be e.g. your trust, preceeding loses, or anything alse. I suppose your system has max. 4 steps, then (if the bad scenario comes) you can trade flat. That is a very safe martingale system suitable for successful systems.
I would say you can use different systems, but with associated monay-management on each pair.
But I like your system, that is I wanted to say.
If you say more about your methodology, I will be glad.
Mitglied seit May 23, 2013   35 Posts
Jun 07, 2013 at 07:40
Daily: 0.11%
Monthly: 3.32%
Drawdown: 17.65%

risk 17,65 for 3,32 monthly
Mitglied seit Jun 26, 2011   45 Posts
Jun 07, 2013 at 14:17
For the people that have said thet the FGB still continues having a good performance in the long term, think please, in the costumers of this bot that began to using it exactly on march-13 of 2013 That people just started using the bot,began to have a drawdown of more than 1/3 of their accounts.
Mitglied seit Oct 05, 2012   38 Posts
Jun 07, 2013 at 14:29
FGB EA = Zombie EA

Mitglied seit Mar 01, 2013   25 Posts
Jun 08, 2013 at 09:19
The lie about impossibility to connect the fgb to myfxbook again because of an upgrade is a good reason to turn the bot off. The hope to sell some licences yet. In the case of recovering they probably connect to myfxbook again.
EAguru
forex_trader_72918
Mitglied seit Apr 09, 2012   121 Posts
Jun 09, 2013 at 09:27
in this year Forex decided to kill this strategy))) lol
Mitglied seit Jul 05, 2011   305 Posts
Jun 10, 2013 at 03:02
The inability to update is laziness on the developers part. There is an EA that allows auto update on myfxbook.
Mitglied seit Jun 09, 2013   92 Posts
Jun 10, 2013 at 06:07
It's not profitable at all.
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