Forex Growth Bot

Gain : +2644.71%
Drawdown 94.46%
Pips: 8075.5
Transactions 2881
Gagné:
Perdu:
Type: Réel
Levier: 1:200
Trading: Automatisé

Discussion Forex Growth Bot

Dec 20, 2010 at 23:46
Vues 254,540
3,525 Replies
Membre depuis Oct 17, 2011   posts 37
Apr 01, 2012 at 13:02
Just curious, I backtested this ea from 14 July 2011 to 31 March 2012 for eurusd with 0.1 lot size on $1000. Most of the equity was wiped out. The final loss is $865.50

So many people are here to support this ea, I believe there are something wrong with my backtest result. Can anyone here help me about this problem?

Membre depuis Oct 17, 2011   posts 37
Apr 01, 2012 at 13:02
Thank you very much
gusrix
forex_trader_51376
Membre depuis Oct 25, 2011   posts 22
Apr 01, 2012 at 13:09

billion_yao posted:
Just curious, I backtested this ea from 14 July 2011 to 31 March 2012 for eurusd with 0.1 lot size on $1000. Most of the equity was wiped out. The final loss is $865.50

So many people are here to support this ea, I believe there are something wrong with my backtest result. Can anyone here help me about this problem?


My FGB BackTest is not bad.
What's broker did you make the BackTest?
Do not make the BackTest at the weekend because of high spread.
Membre depuis Mar 31, 2010   posts 79
Apr 01, 2012 at 14:39
fgb works best on thinkforex acc.
i think that backtests should be done on this brokers history data as well tin order to get nice results
Membre depuis Oct 17, 2011   posts 37
Apr 01, 2012 at 19:28
btw, the broker is thinkforex
Membre depuis Nov 03, 2011   posts 119
Apr 01, 2012 at 22:15
Attached are my optimization results for FGB on AUD USD. I haven't done more work on EUR USD as others already have.... MT4 died about 40 hours in and missed a few passes in the end, but you can see the results. The data range was 1jan 2011 to 1 jan 2012... I'm now working my way backwards over the other years...

Fichiers joints:

Membre depuis Jun 26, 2011   posts 45
Apr 08, 2012 at 11:56
Is a mystery for me the reasons by which one EA work better on one pair and not on other. I watch the differents charts and I don't see nothing particularly to make a graph working a robot well and other graph working the same robot wrong. All the graphics have the same: supports , resistances, fibonacci retracements, breakouts impulses, bearish and bullish trends. Someone can explain me why this robot might working good on the EUR/USD but not over the rest of the pairs? Regards, Beto
Membre depuis Mar 27, 2012   posts 9
Apr 08, 2012 at 14:44
Maybe the proportions are not the same. Look at this. The spread is not the same also.
gusrix
forex_trader_51376
Membre depuis Oct 25, 2011   posts 22
Apr 08, 2012 at 15:06

betowm posted:
Is a mystery for me the reasons by which one EA work better on one pair and not on other. I watch the differents charts and I don't see nothing particularly to make a graph working a robot well and other graph working the same robot wrong. All the graphics have the same: supports , resistances, fibonacci retracements, breakouts impulses, bearish and bullish trends. Someone can explain me why this robot might working good on the EUR/USD but not over the rest of the pairs? Regards, Beto


Each pair has specific characteristics, they are not the same. For example: GBPUSD, EURGBP are good for martingale. EURUSD is good for trend following...

FGB is also good for other pairs but EURUSD is best.
Membre depuis Jun 26, 2011   posts 45
Apr 08, 2012 at 23:36

gusrix posted:
Each pair has specific characteristics, they are not the same. For example: GBPUSD, EURGBP are good for martingale. EURUSD is good for trend following...

FGB is also good for other pairs but EURUSD is best.


Why ?? I don't see nothing special in the EUR/USD that is not in other pairs
Membre depuis Nov 26, 2011   posts 119
Apr 08, 2012 at 23:45

betowm posted:

gusrix posted:
Each pair has specific characteristics, they are not the same. For example: GBPUSD, EURGBP are good for martingale. EURUSD is good for trend following...

FGB is also good for other pairs but EURUSD is best.


Why ?? I don't see nothing special in the EUR/USD that is not in other pairs



Oh Yeah. You definitely won't as a Forex Baby !
Membre depuis Nov 03, 2011   posts 119
Apr 08, 2012 at 23:57
while pairs may look the same short term, long term they are totally different - some trend more, others move sideways more. Some are more volatile and react more to news etc etc etc each pair is different.
gusrix
forex_trader_51376
Membre depuis Oct 25, 2011   posts 22
Apr 09, 2012 at 02:05

betowm posted:

Why ?? I don't see nothing special in the EUR/USD that is not in other pairs



From April 3, 2012 to April 5, 2012, EURUSD has moved more than 300 pips meanwhile GBPUSD has only moved less than 200 pips. Is it not different enough?
Membre depuis Feb 01, 2011   posts 38
Apr 16, 2012 at 14:42 (édité Apr 16, 2012 at 14:48)
not 24/7 letting MT4 running....i just re-opened the MT4 Monday night.
So FGBot closed the rest of trades.

*note, i used trailing strop EA, with 6pip starts trailing stop. e.g. whenever pips are earning towards the trade direction with 6 pips, it will lock down the profits

[i added trailing pip decay, meaning in-time, it will reduce the desire profit lesser than default = 6 pips. The longer it goes, 5, or 4 pips profits will be locked. ]

Fichiers joints:

Membre depuis Aug 16, 2010   posts 450
Apr 16, 2012 at 14:59
Been there with trail stopping FGB trades. The big problem with it you will lose all the big gains but will still capture all the big losses since once price goes immediately wrong direction your trail stop is of no use. The best is to run FGB as is and if you don't like the drawdown, lower the risk and lot sizes.
Mastertrader2011
forex_trader_44887
Membre depuis Aug 18, 2011   posts 4
Apr 18, 2012 at 16:11
Actually i´m using the MEAA automatic trading system from the LIT AG www.meta-trader-expert-advisor.com very sucessful on my real money account. Now i´m looking for a profitable second strategy for one more account. Does anybody know what is the main strategy behind the FGB? Only Trend Trading?
Membre depuis Feb 15, 2012   posts 197
Apr 20, 2012 at 09:35 (édité Apr 20, 2012 at 09:35)
Hi, has someone an advanced version to sell?
I have the basic one already.
Thanks
Membre depuis Feb 23, 2011   posts 8
Apr 20, 2012 at 15:22
I am having issues since I started to use this new version 1.8
Once there seems to be an open trade that i see here on the myfxbook fgb page, i go check my mt4 that is running on the vps, and on the left upper corner the "position state" says " updating"

This only happens when there is an open position. Other times it shows there the internal and external open position status, which is 0 and 0 , when there is no open position.

Membre depuis Jun 09, 2011   posts 183
Apr 21, 2012 at 10:43
pacer, you might want to contact their support if u need further assistance
Membre depuis Sep 21, 2011   posts 12
Apr 24, 2012 at 14:52

pacer posted:
I am having issues since I started to use this new version 1.8
Once there seems to be an open trade that i see here on the myfxbook fgb page, i go check my mt4 that is running on the vps, and on the left upper corner the "position state" says " updating"

This only happens when there is an open position. Other times it shows there the internal and external open position status, which is 0 and 0 , when there is no open position.



I AM HAVING THE SAME PROBLEM MISSED A GOOD BASKET OF TRADES NEW VERSION DOES NOT WORK I REINSTALLED 1.75
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