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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
Jul 08, 2011 at 13:08
krana posted:
MissPipsKiller posted:
Pakfx posted:
try this setting in your power and advance ver. also share your result please.
FVB = 7
SVB = 80
Vfactor = 1.5
Tp = 0.7
Sl = 0.3
Happy trading.
Great settings ;-)
on this setting how did it do in june 2011.. ???
PAkfx...
I tested this setting from 2005 .. the account blew up in 2006. nov. .. It did great in 2010 and 2011. ..
Need more testig before we can go live with it.
Jul 08, 2011 at 15:07
Its better to turn off ea one day before, if the pair is in extreme readings. Too many spikes will trigger false signals...
I think is better to do manual trading in news o stay away nd enjoy the weekend, i had FBG off since one week
Have a nice weekend
I think is better to do manual trading in news o stay away nd enjoy the weekend, i had FBG off since one week
Have a nice weekend
Jul 08, 2011 at 15:11
tapachula posted:
Its better to turn off ea one day before, if the pair is in extreme readings. Too many spikes will trigger false signals...
I think is better to do manual trading in news o stay away nd enjoy the weekend, i had FBG off since one week
Have a nice weekend
Thanks muchacho, but now it´s to late for me and your advice.
Member Since Jan 14, 2011
25 posts
Jul 08, 2011 at 15:28
yep, I'm down about $8,000 on today.. still up overall so I'm sticking with it but surely there should be some sort of Filter to stop it continuously entered trades when the market is clearly in a whipsaw rather than a solid continiously trending market which this EA is designed for...
Member Since Jul 03, 2010
12 posts
Jul 08, 2011 at 15:39
Hi guys, first Friday on each month, the market has Non Farm Employment Change & unemployment rates. The bots as usual must be disconected. You can check it on:
http://www.forexfactory.com/calendar.php
http://www.forexfactory.com/calendar.php
forex_trader_32776
Member Since Mar 28, 2011
942 posts
Jul 08, 2011 at 15:42
megashop posted:
the lesson is, never trade nfp with ea :D, better stop it temporary than loosing money 😎
Exactly. I thought everyone already knew this.
Member Since Jan 14, 2011
25 posts
Jul 08, 2011 at 15:52
thanks guys, Appreciate the advice :-) I will certainly do that in the future.. it does make me wonder though, if that's true, why don't the creators of the EA stop trading on this news day too? or at least list it as a warning in the manual?
and Another thought is, would there be the possibility that Growth bot may actually work better under this scenario where news anouncements might cause large moves in the market that would trigger a buy/sell order and generally that trend should continue "most" of the time?
are there any other big news annoucements that you would recommend turning EA's off on?
meanwhile, at that moment.. Growth bot seems to be still taking trades in the whipsawing market and getting killed! I exited the last 2 trades manually for a small loss and turned it off now..
Thanks again :o)
and Another thought is, would there be the possibility that Growth bot may actually work better under this scenario where news anouncements might cause large moves in the market that would trigger a buy/sell order and generally that trend should continue "most" of the time?
are there any other big news annoucements that you would recommend turning EA's off on?
meanwhile, at that moment.. Growth bot seems to be still taking trades in the whipsawing market and getting killed! I exited the last 2 trades manually for a small loss and turned it off now..
Thanks again :o)
Member Since Oct 28, 2009
1410 posts
Jul 08, 2011 at 16:02
Of course you might want to analyse the backtest data and see how much profit or loss can be attributed to NFP day trading from the EA.
