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Forex Growth Bot
| Gain : | +2644.71% |
| Drawdown | 94.46% |
| Pips: | 8075.5 |
| Trades | 2881 |
| Won: |
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| Lost: |
|
| Type: | Real |
| Leverage: | 1:200 |
| Trading: | Automated |
Forex Growth Bot Discussion
Member Since Aug 13, 2011
6 posts
Sep 09, 2011 at 08:49
hasnt traded for me all week. and using default settings.
Sep 09, 2011 at 09:52
(edited Sep 09, 2011 at 09:53)
I'm a disciplined forex player: When i saw that FGB could not open the orders in market conditions, so i disabled it and waiting the developers to increase it's abilities for the market conditions. In my forex experience, sometimes it's better not to open any orders; and do not loose money.... If i let FGB open orders, i could lost hundreds of pips!!! But i didn't loose...
forex_trader_36599
Member Since May 13, 2011
1329 posts
Sep 09, 2011 at 10:34
mcymcy posted:
I'm a disciplined forex player: When i saw that FGB could not open the orders in market conditions, so i disabled it and waiting the developers to increase it's abilities for the market conditions. In my forex experience, sometimes it's better not to open any orders; and do not loose money.... If i let FGB open orders, i could lost hundreds of pips!!! But i didn't loose...
what was the parameters that make you disable FGB.
can you please share with us
regards
Sep 09, 2011 at 10:43
At first, in the settings i'll set manuel exit true. So the FGB only open the trades. At another chart i put Advanced trailing stop ea with standart settings. I only change trailing start at 15 pips and the SL to 55 pips.
This usually takes the profits when the EA do not close the orders in profit. U know FGB opens orders, some times it took 100 pips move but FGB do not close in profit and miss all the pips.
With these i miss from huge FGB pip looses.
But after this week i close the FGB. Because in my manual trades i gain much more. And i don't want to loose time with FGB. I'll try FGB if the developers Will make it much more usable.
This usually takes the profits when the EA do not close the orders in profit. U know FGB opens orders, some times it took 100 pips move but FGB do not close in profit and miss all the pips.
With these i miss from huge FGB pip looses.
But after this week i close the FGB. Because in my manual trades i gain much more. And i don't want to loose time with FGB. I'll try FGB if the developers Will make it much more usable.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Sep 09, 2011 at 11:14
I agree about FGB is missing some pips. mine has drop +%15 to +%2!! I use standart setup also.
so your parameter is you were making good this week and thats why suspend FGB. that can be a solutıon for you.
it seems meaningless to me. this is personal idea. I am not critizing your action. but the reason why when purchasing an AE customer check all time performance of that EA and make desecion with that information. usually they dont think like "here EA loosing I can suspend it and then activate it"
the logic behind EA is repetating the same order logic consistantly. so when you suspend it you break that chain. this time you may be wright but next time you can be totally wrong and can miss alot pips.
this dıscussion is not about the profıbılıty of an EA. due this has to many parameters also. Like broker spread latency etc.. and the EA can be a looser. thats another topıc.
regards.
so your parameter is you were making good this week and thats why suspend FGB. that can be a solutıon for you.
it seems meaningless to me. this is personal idea. I am not critizing your action. but the reason why when purchasing an AE customer check all time performance of that EA and make desecion with that information. usually they dont think like "here EA loosing I can suspend it and then activate it"
the logic behind EA is repetating the same order logic consistantly. so when you suspend it you break that chain. this time you may be wright but next time you can be totally wrong and can miss alot pips.
this dıscussion is not about the profıbılıty of an EA. due this has to many parameters also. Like broker spread latency etc.. and the EA can be a looser. thats another topıc.
regards.
forex_trader_47249
Member Since Sep 09, 2011
3 posts
Sep 09, 2011 at 13:22
RalFxify posted:
stoneflash posted:
Well said, Fughe.. There is no "Holy Grail" EA out there unless you are a huge wealthy investor that pays someone to update it for you.. I'm finding that one must take the time to learn to adjust the settings or.. chuck it in the bin & keep trying the latest "Dominator".. "Pip Stealer" or whatever else they call the newest re-packaged software.
I'd be happy if you were the owner, Fughe, & willingly pay the $20 a month as a modest business expense considering the profits gained & I hope to learn more from your posts.
There are Holy Grails but you never hear about them cos they are never sold.. Check out my trade history here as proof http://www.mediafire.com/?8zy9173thhnbnnb . Cheers mate :)
Hello !
Your Holy Grail has its Stop Loss 20x larger than Profit Target, which is 5.0 pips. It is very dangerous. If you lost, you would erase more than 71 per cent of your account. 24 trades is not a proof in this case. You made cca 14 000 dollars with a risk of 17 500 dollars. You did not earn enough money for any loss (which WILL come). Don´t forget - EURUSD is pretty volatile these days. Try a backtest - about 500 trades.
Sep 09, 2011 at 14:32
anglican posted:
RalFxify posted:
stoneflash posted:
Well said, Fughe.. There is no "Holy Grail" EA out there unless you are a huge wealthy investor that pays someone to update it for you.. I'm finding that one must take the time to learn to adjust the settings or.. chuck it in the bin & keep trying the latest "Dominator".. "Pip Stealer" or whatever else they call the newest re-packaged software.
I'd be happy if you were the owner, Fughe, & willingly pay the $20 a month as a modest business expense considering the profits gained & I hope to learn more from your posts.
There are Holy Grails but you never hear about them cos they are never sold.. Check out my trade history here as proof http://www.mediafire.com/?8zy9173thhnbnnb . Cheers mate :)
Hello !
Your Holy Grail has its Stop Loss 20x larger than Profit Target, which is 5.0 pips. It is very dangerous. If you lost, you would erase more than 71 per cent of your account. 24 trades is not a proof in this case. You made cca 14 000 dollars with a risk of 17 500 dollars. You did not earn enough money for any loss (which WILL come). Don´t forget - EURUSD is pretty volatile these days. Try a backtest - about 500 trades.
Here you go. 12 year backtest using quality 1 minute data from Alpari, modelling quality = 90% http://www.mediafire.com/?0c331028a5rlp3w
Sep 09, 2011 at 15:07
sliffy posted:
RalFxify,
tp: 5 pips, sl: 100 pips... you have made a scalper from fgb
pls send the equity curve only
Its in no way related to fgb.. Here is equity curve alone http://www.mediafire.com/?7ip8hlhpli7wybg
forex_trader_36599
Member Since May 13, 2011
1329 posts
Sep 09, 2011 at 15:21
TP<15pip %90 modelling quality does not mean anything.
if TP<15 pip you should BT with %99 modelling quality
http://eareview.net/tick-data
read that
if TP<15 pip you should BT with %99 modelling quality
http://eareview.net/tick-data
read that
RalFxify posted:
anglican posted:
RalFxify posted:
stoneflash posted:
Well said, Fughe.. There is no "Holy Grail" EA out there unless you are a huge wealthy investor that pays someone to update it for you.. I'm finding that one must take the time to learn to adjust the settings or.. chuck it in the bin & keep trying the latest "Dominator".. "Pip Stealer" or whatever else they call the newest re-packaged software.
I'd be happy if you were the owner, Fughe, & willingly pay the $20 a month as a modest business expense considering the profits gained & I hope to learn more from your posts.
There are Holy Grails but you never hear about them cos they are never sold.. Check out my trade history here as proof http://www.mediafire.com/?8zy9173thhnbnnb . Cheers mate :)
Hello !
Your Holy Grail has its Stop Loss 20x larger than Profit Target, which is 5.0 pips. It is very dangerous. If you lost, you would erase more than 71 per cent of your account. 24 trades is not a proof in this case. You made cca 14 000 dollars with a risk of 17 500 dollars. You did not earn enough money for any loss (which WILL come). Don´t forget - EURUSD is pretty volatile these days. Try a backtest - about 500 trades.
Here you go. 12 year backtest using quality 1 minute data from Alpari, modelling quality = 90% http://www.mediafire.com/?0c331028a5rlp3w
Sep 09, 2011 at 16:25
(edited Sep 09, 2011 at 16:26)
walker36 posted:
TP<15pip %90 modelling quality does not mean anything.
if TP<15 pip you should BT with %99 modelling quality
http://eareview.net/tick-data
read thatRalFxify posted:
anglican posted:
RalFxify posted:
stoneflash posted:
Well said, Fughe.. There is no "Holy Grail" EA out there unless you are a huge wealthy investor that pays someone to update it for you.. I'm finding that one must take the time to learn to adjust the settings or.. chuck it in the bin & keep trying the latest "Dominator".. "Pip Stealer" or whatever else they call the newest re-packaged software.
I'd be happy if you were the owner, Fughe, & willingly pay the $20 a month as a modest business expense considering the profits gained & I hope to learn more from your posts.
There are Holy Grails but you never hear about them cos they are never sold.. Check out my trade history here as proof http://www.mediafire.com/?8zy9173thhnbnnb . Cheers mate :)
Hello !
Your Holy Grail has its Stop Loss 20x larger than Profit Target, which is 5.0 pips. It is very dangerous. If you lost, you would erase more than 71 per cent of your account. 24 trades is not a proof in this case. You made cca 14 000 dollars with a risk of 17 500 dollars. You did not earn enough money for any loss (which WILL come). Don´t forget - EURUSD is pretty volatile these days. Try a backtest - about 500 trades.
Here you go. 12 year backtest using quality 1 minute data from Alpari, modelling quality = 90% http://www.mediafire.com/?0c331028a5rlp3w
I dont believe in any backtest even if its 120% quality. I showed best backtest quality available because it was requested.Forward test is the best way to know the true potential of an EA I have shown forward test too. All I care about is the fact that am making very good money why your trying to get rich with a $99 piece of software..
forex_trader_36599
Member Since May 13, 2011
1329 posts
Sep 09, 2011 at 16:38
BT shows the reaction of strategy in Long term in a short period of time.
FT shows real reactions in a 1/1 scaled time period.
both are needed. if you like it or not.
regards
FT shows real reactions in a 1/1 scaled time period.
both are needed. if you like it or not.
regards
Sep 09, 2011 at 16:54
(edited Sep 09, 2011 at 16:55)
walker36 posted:
BT shows the reaction of strategy in Long term in a short period of time.
FT shows real reactions in a 1/1 scaled time period.
both are needed. if you like it or not.
regards
Does fgb show you 99% quality backtest. Do you know of any popular EA that shows 99% quality backtest. There is a difference b/w bots that execute on every tick and every new bar. If an EA executes on every tick then a 99% backtest is best to show past perfromance . But my EA executes on every new bar therefore tick data is not needed. You need to study mq4 documentation and understand how the mt4 strategy tester works.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Sep 09, 2011 at 17:00
check the link
%99 BT quality FGB
http://eareview.net/wp-content/uploads/2011/01/fx-growth-bot-2007-2010-tickdata-realspread.htm
%99 BT quality FGB
http://eareview.net/wp-content/uploads/2011/01/fx-growth-bot-2007-2010-tickdata-realspread.htm
RalFxify posted:
walker36 posted:
BT shows the reaction of strategy in Long term in a short period of time.
FT shows real reactions in a 1/1 scaled time period.
both are needed. if you like it or not.
regards
Does fgb show you 99% quality backtest. Do you know of any popular EA that shows 99% quality backtest. There is a difference b/w bots that execute on every tick and every new bar. If an EA executes on every tick then a 99% backtest is best to show past perfromance . But my EA executes on every new bar therefore tick data is not needed. You need to study mq4 documentation and understand how the mt4 strategy tester works.
Member Since Jun 22, 2011
70 posts
Sep 09, 2011 at 17:28
mcymcy posted:
At first, in the settings i'll set manuel exit true. So the FGB only open the trades. At another chart i put Advanced trailing stop ea with standart settings. I only change trailing start at 15 pips and the SL to 55 pips.
This usually takes the profits when the EA do not close the orders in profit. U know FGB opens orders, some times it took 100 pips move but FGB do not close in profit and miss all the pips.
With these i miss from huge FGB pip looses.
But after this week i close the FGB. Because in my manual trades i gain much more. And i don't want to loose time with FGB. I'll try FGB if the developers Will make it much more usable.
Agree
forex_trader_36599
Member Since May 13, 2011
1329 posts
Sep 09, 2011 at 17:39
rules about EA s
- use vps
- have low latency
- test it min 8 weeks on demo with the broker you are going live
- do not optimize it.
- use standart setups
- no one can know any better then creator ( while logic/algo were hidden )
- use it according to creator advises
- if you dont like/believe it DO NOT buy it
or results can be great fail😉
walker
- use vps
- have low latency
- test it min 8 weeks on demo with the broker you are going live
- do not optimize it.
- use standart setups
- no one can know any better then creator ( while logic/algo were hidden )
- use it according to creator advises
- if you dont like/believe it DO NOT buy it
or results can be great fail😉
walker
forex_trader_36599
Member Since May 13, 2011
1329 posts
Sep 09, 2011 at 17:41
BTW read and understand the "risk disclaimer" before buy it.
walker36 posted:
rules about EA s
- use vps
- have low latency
- test it min 8 weeks on demo with the broker you are going live
- do not optimize it.
- use standart setups
- no one can know any better then creator ( while logic/algo were hidden )
- use it according to creator advises
- if you dont like/believe it DO NOT buy it
or results can be great fail😉
walker
Sep 09, 2011 at 18:45
RalFxify posted:
stoneflash posted:
Well said, Fughe.. There is no "Holy Grail" EA out there unless you are a huge wealthy investor that pays someone to update it for you.. I'm finding that one must take the time to learn to adjust the settings or.. chuck it in the bin & keep trying the latest "Dominator".. "Pip Stealer" or whatever else they call the newest re-packaged software.
I'd be happy if you were the owner, Fughe, & willingly pay the $20 a month as a modest business expense considering the profits gained & I hope to learn more from your posts.
There are Holy Grails but you never hear about them cos they are never sold.. Check out my trade history here as proof http://www.mediafire.com/?8zy9173thhnbnnb . Cheers mate :)
Well, as much as we all want to believe you statement....those could be manual trades.....and that could easily be from an institutional account......or could be entirely faked. i personally believe that it is possible, but like you have said...those systems are never sold. I have a system that i am working on coding that shows to generate 500-1500 pips every 24 hours. But...as you have said....I also would never sell it.
The just of it is....the only way to prove the systems are real are to make them available to the public....and neither of us care whether or not anyone ever believes us. We make money whether anyone believes or not.
Sep 09, 2011 at 19:02
RalFxify posted:
sliffy posted:
RalFxify,
tp: 5 pips, sl: 100 pips... you have made a scalper from fgb
pls send the equity curve only
Its in no way related to fgb.. Here is equity curve alone http://www.mediafire.com/?7ip8hlhpli7wybg
Unfortunately, your backtest is flawed. Trying running it with a fixed lot size of 0.1 lots. This will show the number of pips won or lost throughout the testing period. In a live situation the lot sizes make the trade scenario impossible.
