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Forex Growth Bot
| Gain : | +2644.71% |
| Drawdown | 94.46% |
| Pips: | 8075.5 |
| Transactions | 2881 |
| Gagné: |
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| Perdu: |
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| Type: | Réel |
| Levier: | 1:200 |
| Trading: | Automatisé |
Discussion Forex Growth Bot
Membre depuis Aug 19, 2012
posts 32
May 09, 2013 at 16:42
falcon333 posted:
I'm one of those who deactivated FGB when it fell below its equity trendline of $7000, and I'm going to sit out and wait for it to reach back to that trendline before I re-enter again.
This guy got it right, you guys should sideline this ea and wait until it starts recovering before you jump back on. If it ever does! (lets hope so!) also this strategy is being too widely used. 2000+ tracking! do the maths. this does not include ppl who isnt tracking and are using the ea. 2000 x 0.1 lot = 200+ lots, can definitely effect the market liquidity.
Membre depuis Apr 22, 2010
posts 122
May 09, 2013 at 19:14
lol, neither then :)
Membre depuis Mar 01, 2013
posts 25
May 09, 2013 at 19:31
dantel posted:
40% loss requires 67% to recover.
Two full size trades in the right direction and we would be more than half way there.
as I said: only when we decrease the lot size. FGB doesn´t do this.
May 14, 2013 at 05:52
May 10 was good for this EA, a few successful short trades on the recent EU bearish move....but I wouldn't get my hopes up. The EU may resume its sideways behavior once again and cut up this EA.
The fact is, volatility breakout EAs on EURUSD, like FGB and Robin VOL, are being killed in the markets this year. The volatility breakouts that have had the most consistent follow through have been occurring instead on the USDJPY and Yen crosses like EURJPY, GBPJPY, AUDJPY, CHFJPY and CADJPY.
Here is a hint for you. If you love the concept behind FGB, get the Power Edition and adapt it to the Yen crosses. I have done this and seen more success with that adaptation than with FGB on EURUSD.
The fact is, volatility breakout EAs on EURUSD, like FGB and Robin VOL, are being killed in the markets this year. The volatility breakouts that have had the most consistent follow through have been occurring instead on the USDJPY and Yen crosses like EURJPY, GBPJPY, AUDJPY, CHFJPY and CADJPY.
Here is a hint for you. If you love the concept behind FGB, get the Power Edition and adapt it to the Yen crosses. I have done this and seen more success with that adaptation than with FGB on EURUSD.
Membre depuis May 08, 2012
posts 316
May 23, 2013 at 00:58
This happens sometimes. MyFXbook just doesnt update until you force it to. It's not anything suspicious...yet.
Membre depuis May 12, 2011
posts 63
May 23, 2013 at 04:46
Michigander posted:
This happens sometimes. MyFXbook just doesnt update until you force it to. It's not anything suspicious...yet.
My account has this issue also. The site officals told me that my account's credentials are incorrect but I did not change anything. I think this is due to a technical problem arising from the site.
May 23, 2013 at 06:43
I had the same problem on Monday. It turned out that there was a forced update of MT4 to build v500 last weekend. I had to close MT4 manually on my VPS, wait a couple seconds then re-open it. MT4 then displayed a message saying that it must be upgraded, so I did, and after that everything was OK.
Membre depuis Mar 16, 2011
posts 20
May 23, 2013 at 18:02
ça fait mal au cul hein....
May 24, 2013 at 12:28
My wife says about the FX robots ..."if somebody has developed a very profitable bot why would it selling it to others, if he can using it for his own enrichment? Well... with the devastating behavior that this bot is having this last times, this question has been responded.
Membre depuis Oct 28, 2009
posts 1409
May 24, 2013 at 13:14
That's a common view and the only answer really is that money in your bank now is far better than money that you might win in the future - if the robot performs well, if the broker stays in business, doesn't cheat on your account and decides to honour your withdrawal request.
It's a pure business decision that any savvy business man would take.
Best regards Steve
It's a pure business decision that any savvy business man would take.
Best regards Steve
forex_trader_79941
Membre depuis Jun 06, 2012
posts 1434
May 24, 2013 at 14:22
the reason of gross loss in last 2 months is BOJ.
new BOJ president made actions to weaken YEN. ( Currency Wars )
this made YEN pairs movin fast. Money actually flow those pairs.
EURUSD is dead & will be dead until BOJ stops & YEN settle.
EURUSD is in great chop.
FYI
new BOJ president made actions to weaken YEN. ( Currency Wars )
this made YEN pairs movin fast. Money actually flow those pairs.
EURUSD is dead & will be dead until BOJ stops & YEN settle.
EURUSD is in great chop.
FYI
May 24, 2013 at 14:25
A FREDCAD. Ben oui ! J'ai retiré FGB à -24,22% il est passé depuis à-34,69%... Je surveille le graphique (encore un bonheur qu'il soit toujours accessible) Depuis 6 mois j'ai Kangaroo - ancienne version - qui tourne et tient bien sa progression (50%) dans la volatilité actuelle
Membre depuis Dec 17, 2012
posts 1
May 24, 2013 at 14:26
that argument is just bullshit. why should a fx robot developer not sell it to get additional income to increase his bankroll?
Membre depuis Jan 23, 2013
posts 9
May 24, 2013 at 14:28
This EA is kind of a rollercoaster ride. Over the years it has proven to be a profitable system though when you backtest it since 1999. Even 2000 was a losing year. Drawdowns depend on how much leverage you're willing to take. 2013 might be another losing year. That comes with the risk of trading. It's actually a little bit amusing to see the reactions on here when the bot is performing well. People are getting very excited. Now for the recent months market conditions were extremely choppy. Bad condition for this EA. And again peoples reactions on here are getting fearfull and depressed of a breakdown of this EA. Of course this might be the end of this EA but personally I believe if your risk settings are not too extreme your able to survive this drawdown. The overall problem with the majority of traders is they are not willing and able to experience losses. I bet a lot of traders following this system are giving up on this EA at these levels simply because they can't handle any more losses mentally. That's why 95% of traders are losing money in the long run.
forex_trader_128858
Membre depuis May 18, 2013
posts 4
May 25, 2013 at 07:30
guy why don't u freaking learn to trade instead of throwing money down the sink this way? An automated bot does not learn how to adapt like your mind would... gosh put some effort !
