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Forex Growth Bot
| Gain : | +2644.71% |
| Drawdown | 94.46% |
| Pips: | 8075.5 |
| Trades | 2881 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:200 |
| Trading: | Automated |
Forex Growth Bot Discussion
Jan 07, 2011 at 12:49
Hi Bilray,
Brokers vary and everyone has a horror storry or two and people seldom agree. I've used 4 so far and here's my list of preference from best to worst:
FX Pro (works well with the megadroid EAs), I'll start live trading on FX Pro next week with Forex Growth Bot
FX Primus tied with AAAFX
Forex.com (worst, NFA filed some kind of case against them for using some kind of plug in that created slippage in their favor, if you google that you should find it out there)
Others that might also be OK:
Alpari UK
MB Trading
Go markets
FXDD
InterbankFx
InterbankFx AU
Brokers vary and everyone has a horror storry or two and people seldom agree. I've used 4 so far and here's my list of preference from best to worst:
FX Pro (works well with the megadroid EAs), I'll start live trading on FX Pro next week with Forex Growth Bot
FX Primus tied with AAAFX
Forex.com (worst, NFA filed some kind of case against them for using some kind of plug in that created slippage in their favor, if you google that you should find it out there)
Others that might also be OK:
Alpari UK
MB Trading
Go markets
FXDD
InterbankFx
InterbankFx AU
Member Since Jul 21, 2010
106 posts
Jan 07, 2011 at 13:01
you could also try JadeFx they are good.
Member Since Dec 20, 2010
107 posts
Jan 07, 2011 at 17:13
Hi,
I apologize for the delayed response. We have many e-mails to respond and would be more than happy to help answer questions. If you have an important question please message us, or e-mail us. If not, please try to ask here as others can help answer questions.
I apologize for the delayed response. We have many e-mails to respond and would be more than happy to help answer questions. If you have an important question please message us, or e-mail us. If not, please try to ask here as others can help answer questions.
Jan 07, 2011 at 17:55
fxgrowthbot posted:
Hi,
I apologize for the delayed response. We have many e-mails to respond and would be more than happy to help answer questions. If you have an important question please message us, or e-mail us. If not, please try to ask here as others can help answer questions.
Well thank you for dropping by. Appreciate your presence here.
Jan 07, 2011 at 18:01
(edited Jan 07, 2011 at 18:11)
OK it closed out the week well. I had 6 trades, 2 losses of about 65 pips. 4 winners with about 286 pips. This is with 0.01 lot size on my live FX Primus account. The winners won hands down. Going into the weekend with no trades open.
I took the opportunity of having no trades open to increase the lot size and reboot the VPS. Next week I'll be trading live on FX Pro account also. Held off on FX Pro live trading first because the min lot size was 0.1 lots so if it takes a few hundred pips down it could be expensive.
fxgrowthbot, Maybe you can confirm this. Found out from FGB support earlier today that if you quit or restart MT4 for any reason when there are open trades you should close out any open trades manually rather than letting the EA close them. I guess that means that once you reboot it may lose track of the open trades and may not close them out. Is that correct?
I took the opportunity of having no trades open to increase the lot size and reboot the VPS. Next week I'll be trading live on FX Pro account also. Held off on FX Pro live trading first because the min lot size was 0.1 lots so if it takes a few hundred pips down it could be expensive.
fxgrowthbot, Maybe you can confirm this. Found out from FGB support earlier today that if you quit or restart MT4 for any reason when there are open trades you should close out any open trades manually rather than letting the EA close them. I guess that means that once you reboot it may lose track of the open trades and may not close them out. Is that correct?
Member Since Dec 20, 2010
107 posts
Jan 07, 2011 at 20:10
Hi , Yes if you restart during an open trade you must close the trade yourself.
Jan 07, 2011 at 22:04
I think I had close to the same trades as Raymond. At any rate, the bot has now swung into profit of about 270 pips for the (nearly) 2 weeks of testing. Not bad when you consider that most of the losses were during Christmas week. I may even become impressed and I especially like the R:R ratio. Most EA's aren't too concerned with that.
Regarding brokers, I would not rate Forex.cpm as the worst. Yes, they did get a well deserved fine but since then they seemed to have cleaned up there act. There execution is extremely fast and the spreads are generally better than that of IBFX. They also have silver and several gold pairs if you happen to trade metals.
Also... I haven't used MB Trading for a live account yet but on the demo, the spreads are EXCELLENT and they seem to try to "take care of business". For a US account, they might be hard to beat.
Thanks fxgrowthbot for dropping by. It's understandable that you don't have a lot of time to put in here.
Happy Trading.
Regarding brokers, I would not rate Forex.cpm as the worst. Yes, they did get a well deserved fine but since then they seemed to have cleaned up there act. There execution is extremely fast and the spreads are generally better than that of IBFX. They also have silver and several gold pairs if you happen to trade metals.
Also... I haven't used MB Trading for a live account yet but on the demo, the spreads are EXCELLENT and they seem to try to "take care of business". For a US account, they might be hard to beat.
Thanks fxgrowthbot for dropping by. It's understandable that you don't have a lot of time to put in here.
Happy Trading.
Jan 08, 2011 at 04:11
fxgrowthbot posted:
Hi , Yes if you restart during an open trade you must close the trade yourself.
Fxgrowthbot,
Would it be possible for you to put it in the next update , so that the ea would continue managing the trade after we restart the VPS ?
Thank you
Jan 08, 2011 at 16:35
Symbol EURUSD (Euro vs US Dollar)
Period 15 Minutes (M15) 2010.12.27 01:00 - 2011.01.07 23:45 (2010.12.27 - 2011.01.08)
Model Every tick (the most precise method based on all available least timeframes)
Parameters LotSize=0.1; FastVolatilityBase=3; SlowVolatilityBase=60; VolatilityFactor=2; ProfitTarget=0.65; StopLoss=0.3; ProfitLossVolatilityBase=70;
Initial deposit 2000.00
Total net profit 1102.38 Gross profit 1365.28 Gross loss -262.90
Profit factor 5.19 Expected payoff 33.41
Absolute drawdown 39.70 Maximal drawdown 326.09 (12.02%) Relative drawdown 12.21% (293.70)
Total trades 33 Short positions (won %) 15 (86.67%) Long positions (won %) 18 (72.22%)
Profit trades (% of total) 26 (78.79%) Loss trades (% of total) 7 (21.21%)
Largest profit trade 216.91 loss trade -58.60
Average profit trade 52.51 loss trade -37.56
Maximum consecutive wins (profit in money) 13 (458.84) consecutive losses (loss in money) 3 (-158.30)
Maximal consecutive profit (count of wins) 652.43 (9) consecutive loss (count of losses) -158.30 (3)
Average consecutive wins 7 consecutive losses 2
2 week with aggressive set...broker finfx
Period 15 Minutes (M15) 2010.12.27 01:00 - 2011.01.07 23:45 (2010.12.27 - 2011.01.08)
Model Every tick (the most precise method based on all available least timeframes)
Parameters LotSize=0.1; FastVolatilityBase=3; SlowVolatilityBase=60; VolatilityFactor=2; ProfitTarget=0.65; StopLoss=0.3; ProfitLossVolatilityBase=70;
Initial deposit 2000.00
Total net profit 1102.38 Gross profit 1365.28 Gross loss -262.90
Profit factor 5.19 Expected payoff 33.41
Absolute drawdown 39.70 Maximal drawdown 326.09 (12.02%) Relative drawdown 12.21% (293.70)
Total trades 33 Short positions (won %) 15 (86.67%) Long positions (won %) 18 (72.22%)
Profit trades (% of total) 26 (78.79%) Loss trades (% of total) 7 (21.21%)
Largest profit trade 216.91 loss trade -58.60
Average profit trade 52.51 loss trade -37.56
Maximum consecutive wins (profit in money) 13 (458.84) consecutive losses (loss in money) 3 (-158.30)
Maximal consecutive profit (count of wins) 652.43 (9) consecutive loss (count of losses) -158.30 (3)
Average consecutive wins 7 consecutive losses 2
2 week with aggressive set...broker finfx
forex_trader_7762
Member Since Feb 25, 2010
22 posts
Jan 08, 2011 at 17:37
house66 posted:
Symbol EURUSD (Euro vs US Dollar)
Period 15 Minutes (M15) 2010.12.27 01:00 - 2011.01.07 23:45 (2010.12.27 - 2011.01.08)
Model Every tick (the most precise method based on all available least timeframes)
Parameters LotSize=0.1; FastVolatilityBase=3; SlowVolatilityBase=60; VolatilityFactor=2; ProfitTarget=0.65; StopLoss=0.3; ProfitLossVolatilityBase=70;
Initial deposit 2000.00
Total net profit 1102.38 Gross profit 1365.28 Gross loss -262.90
Profit factor 5.19 Expected payoff 33.41
Absolute drawdown 39.70 Maximal drawdown 326.09 (12.02%) Relative drawdown 12.21% (293.70)
Total trades 33 Short positions (won %) 15 (86.67%) Long positions (won %) 18 (72.22%)
Profit trades (% of total) 26 (78.79%) Loss trades (% of total) 7 (21.21%)
Largest profit trade 216.91 loss trade -58.60
Average profit trade 52.51 loss trade -37.56
Maximum consecutive wins (profit in money) 13 (458.84) consecutive losses (loss in money) 3 (-158.30)
Maximal consecutive profit (count of wins) 652.43 (9) consecutive loss (count of losses) -158.30 (3)
Average consecutive wins 7 consecutive losses 2
2 week with aggressive set...broker finfx
hey house66,
which version are you using?
i don't have all those settings on the basic version,
Member Since Feb 17, 2010
83 posts
Jan 09, 2011 at 12:40
Hi Pierre,
This version includes additional settings that allow you to further tweak the robot and attempt to improve performance.
This version includes additional settings that allow you to further tweak the robot and attempt to improve performance.
Member Since Dec 20, 2010
107 posts
Jan 09, 2011 at 18:58
(edited Jan 09, 2011 at 19:13)
Yes, we will work on an update to keep track of trades there after. Advanced edition has more settings and so does Power version.
Thank you fxprofiler for clarifying I appreciate it.
Basic in performance is the same as advanced. But ADVANCED has more settings for those looking to tweak it as mentioned above.
Thank you fxprofiler for clarifying I appreciate it.
Basic in performance is the same as advanced. But ADVANCED has more settings for those looking to tweak it as mentioned above.
Jan 09, 2011 at 19:10
Hi fxgrowthbot
Alpari Uk servers occasionally drop their transmission. My MT4 automatically logs back in again as soon as they start their server signal.
Will this effect the FGB ea controlling the open trades? or is it only if I close dowm MT4 and re-open?
Thanks
Alpari Uk servers occasionally drop their transmission. My MT4 automatically logs back in again as soon as they start their server signal.
Will this effect the FGB ea controlling the open trades? or is it only if I close dowm MT4 and re-open?
Thanks
