Forex Growth Bot (fxgrowthbot) Dyskusja

fughe

Uczestnik z Jan 31, 2011 720 postów

Sep 09, 2011 at 19:04

Uczestnik z Jan 31, 2011 720 postów

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 that

Also a very good point. Since the TP is less than 15pips....using anything less than tick data renders the whole test invalid.

forex_trader_47249

Uczestnik z Sep 09, 2011 3 postów

Sep 09, 2011 at 19:19

Uczestnik z Sep 09, 2011 3 postów

to RalFxify

1,7% loss trades look very nice. I´ve seen many EAs for Forex, 99% of them are scam.
I haven´t seen the details yet (entry points), however, it looks really nice. The quality modeling isn´t as important as we think, 90 per cent is enough (because of slippage on real accounts, blackouts and so on). Even 99% differs from reality. That is why you need cca 1 000 trades to evaluate your EA.
Last questions:
1) Do you need to optimize this EA?
2) Did you use Adaptrade Builder (or something similar) to build it?

Thanks

fughe

Uczestnik z Jan 31, 2011 720 postów

Sep 09, 2011 at 19:24

Uczestnik z Jan 31, 2011 720 postów

RalFxify posted:

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.

I did a 99% tick test on my settings....in the past few months....they netted around.....+15,000 pips. Is very hard to test my setup and get an accurate assessment though.

Oh yeah....today....16 trades, 2 losers (-88pips and -82pips)....ended with a net gain of +120pips. Another good day.

safehiprofit

Uczestnik z Aug 28, 2011 1 postów

Sep 09, 2011 at 21:08

Uczestnik z Aug 28, 2011 1 postów

Real test, not backtest: http://www.forexpeacearmy.com/metatrader_expert_advisor/forex_growth_bot/real

betowm

Uczestnik z Jun 26, 2011 45 postów

Sep 10, 2011 at 01:59

Uczestnik z Jun 26, 2011 45 postów

cnsnmrt posted:
Hello,
Great system, congratulations. Could you please share with us or how can we buy?

Thanks.

Haha... This robot is desperating. Its behavior is terrible, despite that in the long term is a winner.
Most of the trades that begin being profitable trades, finally closes with losses. Many times I can see trades that are winning 40...50...80 pips, but the robot wait more time than the logical indicate, to close finally those trades with losses

Pakfx

Uczestnik z Mar 04, 2011 286 postów

Sep 10, 2011 at 06:56 (edytowane Sep 10, 2011 at 06:59)

Uczestnik z Mar 04, 2011 286 postów

why every one sounds senseless.
vendor knows when and how to make changes .. im sure it will be updated soon coz every bot needs modification after few time to get it work according to market condition.
all you are talking make money with FGB now if market conditions are changed then calm down new update will be out (hope so very soon)

actually the entry of FGB is 75% to 85% correct just need some extra coding in it for trail stop, trend or support resistance checking..

im sure some of good traders are still using FGB with their external EA or manual conformation.

if you do simple setups like use it with trail stop EA it will give you good response and will not lose that much money and at the end you gain not lose..

its been already discuss 100 of times on the forum how to use trail stop ea.
just if you use external ea or do manual
then you must enable manual setting on FGB .. other wise you have to restart every time (thats why ppl face lot size issue)

actually we are unable to BT with two EA other wise i would show you the BT of FGB with trail stop EA>

or try to be smart like fughe and make your own setting with FGB.

i personally checked FGB with trail stop EA (long ago when 1st we face this prob that FGB entry is good but exit is to bad.)
and it give really good result. try to be smart not dumb.

caddilac

Uczestnik z Nov 23, 2009 35 postów

Sep 10, 2011 at 07:31

Uczestnik z Nov 23, 2009 35 postów

I am using FGB with default settings and without another trailing EAs. I am sure it is normal that FGB has got bad times cause it is not Holy Grail and in backtest R these sessions normal. You will see.

betowm

Uczestnik z Jun 26, 2011 45 postów

Sep 11, 2011 at 01:50

Uczestnik z Jun 26, 2011 45 postów

Why this robot wait so long for to take profits? most of the profitable trades finally closes with losses. I think that the developer of this robot would have to improve that defect.
It is unacceptable to have so many trades starts being profitable but finally end being losers due to the bad strategy used by the developer to take profit.