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Forex Growth Bot

Gain : +2644.71%
Drawdown 94.46%
Pips: 8075.5
Trades 2881
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

Forex Growth Bot Discussion

Dec 20, 2010 at 23:46
246,784 Views
3,525 Replies
Member Since Dec 20, 2010   107 posts
Dec 26, 2010 at 21:35
In terms of a crash. If you are using lower lot sizes as mentioned it's not a big concern. This robot is built to be profitable with lower lots as can be seen.

Also, it's best to use a VPS always, regardless of stop loss set or not.
Member Since Mar 11, 2010   25 posts
Dec 26, 2010 at 23:20
Hello fxgrowthbot,

In terms of lower lots,what would you consider the best interms of equity?is it the recommended lots size for each equity level of just 0.05 no matter what size the equity is?

Your answer will be much appreciated.I am still awaiting the license key.

Member Since Feb 17, 2010   88 posts
Dec 26, 2010 at 23:38

rafnet posted:
    Hello fxgrowthbot,

In terms of lower lots,what would you consider the best interms of equity?is it the recommended lots size for each equity level of just 0.05 no matter what size the equity is?

Your answer will be much appreciated.I am still awaiting the license key.



read the manual and you find the answer 😉

anyone with problems to backtest this Bot ?
Member Since Sep 26, 2009   23 posts
Dec 27, 2010 at 01:51
yes it crashes right..
Member Since Jul 27, 2010   32 posts
Dec 27, 2010 at 03:06
Hi fxgrowthbot,
  
Why is the lot size keeps changing on your account 1151607 at thinkforex ?I thought it was setting on EA and should not change unless you change the setting manually in EA parameter.

Are you changing it manually as per profit and loss trades or built in logic ?

Member Since Dec 20, 2010   107 posts
Dec 27, 2010 at 03:47
The manual has lot recommendations. Please try the back tests on our recommended brokers, we have found it worked fine with them. I'm sure it works fine with others as well.

We changed it manually. We moved it around from computer to vps, etc. and didn't really keep the same lot size. I believe we will probably keep it around .03 for now on.
Member Since Dec 16, 2010   9 posts
Dec 27, 2010 at 05:15
Your account opend 2 trades on 27th but mine only 1, am running demo account on alpari UK and go markets but has only 1 trade. i have purchased the basic version which has only few settings, this results are by your basic version ?

still waiting for thel license key.
Member Since Mar 11, 2010   25 posts
Dec 27, 2010 at 06:57

FxProfiler posted:
    
rafnet posted:
    Hello fxgrowthbot,

In terms of lower lots,what would you consider the best interms of equity?is it the recommended lots size for each equity level of just 0.05 no matter what size the equity is?

Your answer will be much appreciated.I am still awaiting the license key.



read the manual and you find the answer 😉

anyone with problems to backtest this Bot ?

i hv read the manual before asking the question but he keeps saying the EA is built to be profitable with lower lot sizes,and now the lot size on his account is lower again not reflecting with what is in the manual.Does it mean that even if you have 100k in your account,you still need to use lower lot size simp;y bcz the EA is built to be profitable with lower lot size?

That is my question to fxgrowthbot.

Member Since Oct 18, 2009   14 posts
Dec 27, 2010 at 10:10
On 27th my account don't open any trade on ALPARI UK real account.. I see on your account the ea opened 3 trades...
I have purchased the basic version. Wich version are you using on this account?
Thanks.
Member Since Mar 11, 2010   25 posts
Dec 27, 2010 at 10:22
I have the keys in less than 24hrs and I have fixed it on two accounts,No trades yet.Just waiting.
Member Since Mar 31, 2010   79 posts
Dec 27, 2010 at 10:28 (edited Dec 27, 2010 at 10:30)
i didn't have long time vps outages but it happens once in a month...

fxgrowthbot,
this month's profit is less then it was in november... it is because of the market conditions or did you change something in parameters?
Member Since Nov 06, 2010   9 posts
Dec 27, 2010 at 10:59
No trades for me as well but in the above chart there are 3 trades, when i asked him about that, he says that we should register with his preferred broker through his IB link....

Does this EA really trade!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Please somebody tell the rest of the world if it trades on other brokers other than his preferred broker.

Member Since Jul 21, 2010   106 posts
Dec 27, 2010 at 11:29
my alpari uk real has not traded, Jadefx demo has just one trade since about three days now, are you using a different setting and version than the Basic?l
Member Since Dec 16, 2010   9 posts
Dec 27, 2010 at 13:17
am testing this EA on 3 different brokers, FinFx no Trades, Forex.com 1 trade closed in loss, GO Trader opened 2 trades both in loss. I purchased this on 23rd and still didnt receive the activation key. I may not need it if this EA trades this way and no reply from fxgrowthbot regaring my question below which i asked him twice.

your live account trading with basic EA or advanced? i have purchased the basic EA and will it give me the same results ?
Member Since Mar 11, 2010   25 posts
Dec 27, 2010 at 14:14
Also,no trades on my alpari uk and Boston Merchant too.Honeslty,if this EA does not trade on other brokers,then its a big SCAM.We have seen a lot in this our FX business.

This should come out and say something.
Member Since Feb 17, 2010   88 posts
Dec 27, 2010 at 17:17 (edited Dec 27, 2010 at 17:25)
2010/12/27 00:15:04 Sell 0.05 EURUSD 1.30842 2010/12/27 00:30:07 1.30988 - 0.30 0.00 - 7.30 - 14.6
Forex Growth Bot
2010/12/27 00:00:02 Sell 0.05 EURUSD 1.30794 2010/12/27 00:30:08 1.30993 - 0.30 0.00 - 9.95 - 19.9
Forex Growth Bot
2010/12/27 07:00:01 Buy 0.05 EURUSD 1.31597 2010/12/27 13:00:01 1.31387 - 0.30 0.00 - 10.50 - 21.0
Forex Growth Bot
2010/12/27 06:45:03 Buy 0.05 EURUSD 1.31501 2010/12/27 13:30:02 1.31317 - 0.30 0.00 - 9.20 - 18.4
Forex Growth Bot

nice start 😁
-74 pips after 4 trades on JadeFX Demo ....is not the best time for trading and testing a trend following system ;-)


 

Member Since Jun 02, 2010   20 posts
Dec 27, 2010 at 18:11

Asema FYI,

fxgrowthbot Dec 22 at 11:05
every version is the same. The other ones allow sdditional tweaking and ability to see some of the code. But all robots trade the same. We are using basic version on the website.

the robot was trading the sae when it was using .05 lots and .01 .. No settings were changed other than lots.

we did not make the first post we were simmply responding to whoever that user is. We received that message within minutes activating this account. That's why we reesponded so quickly.

yes the robot has a very low drawdown and excellent risk to reward ratio.




asemahmed posted:
    am testing this EA on 3 different brokers, FinFx no Trades, Forex.com 1 trade closed in loss, GO Trader opened 2 trades both in loss. I purchased this on 23rd and still didnt receive the activation key. I may not need it if this EA trades this way and no reply from fxgrowthbot regaring my question below which i asked him twice.

your live account trading with basic EA or advanced? i have purchased the basic EA and will it give me the same results ?
Member Since Nov 26, 2010   126 posts
Dec 28, 2010 at 02:27
Did you guys get the 3 trades that were just opened?
Member Since Aug 22, 2009   52 posts
Dec 28, 2010 at 03:41

Yes. I actually got 4 trades.

rayong1 posted:
    Did you guys get the 3 trades that were just opened?
Member Since Mar 11, 2010   25 posts
Dec 28, 2010 at 03:45
Hello,

I have my very first trades on account.4 trades in all.The second trades came in after 15 of the first trade,3rd entered after another 15min of the second while the 4th trade also entered after 15min of the 3rd trade,makinf it a total of 4 trades.Will let you know how far it goes
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