Forex Growth Bot Omówić

FXdome posted:
    Hi hadito,

Do you have to re-start the EA everytime when Kennys EA closes the trades since I heard FGB does not know kennys ea closing the trades and it will think that the original trades are still open.

Hi FXDome,

Sure I have to restart my MT4 after it is closed by Trailing Stop or Stop Loss.
Usualy I am waiting until all position closed and restart my MT4.

Dungl posted:
    So perhaps we should find a solution, where we help each other. e.g in finding a way to communicate with other Bot Users, to get out of trades, before they get into the wrong direction.

For Example: Mailing List
A Trade is started by the FGB; some Users have the time and watch the trade(s). They see, that there is a support/resistance level... So this level is hit and the users write an Mail to his list, that he has closed the trade because of an support/resistance level

Or FGB starts an Trade; some Users have the time to watch at their chart. They see, that there is an support/resistance level 60 Pips away from now. They send an Mail, where this level of support/resistance is told to the other users

That means, there are Users, which have time to watch some of the trades. And they could make an Technical Analysis of the chart and share it with others.

The Mail solution is the most wide spread to communicate and has relativ good push possibilities with most smartphones...
Another better, faster and easier solution would be the BlackBerry Messenger, but this requires BlackBerry Smartphones :)

fxstats offers autotrading(signal Provider with Zero monthly fees)
 Step 1: Link 1 account to fxstats if you have been using the FGB for more than 3 months (fxstats Approval needed- 3 months of live account results). Step2: share login access with a close group of experienced traders and FGB users with good ideas. Step 3: Work as a team to monitor the market to maximize the results.

 All users(anyone) would pay a smalll 1 pip commission (Fee for autotrading) per trade with no monthly fees ever, and everyone would benefit. The main account would be compensated by fxstats .5 pip per trade per user (nice income for sharing the signals and login access with your team)

And, probably more than 1 person will do this(link account to fxstats) creating several FGB signal provider groups. Let the competition begin. =)

Edit: While I've been trading, I had my eye on FGB and saw it have 3 positions at profit 70+ to 30+ and now at a loss, So this idea above couldn't hurt. FGB is the first stable Bot that I've seen with good R/R, but every automated system needs some TLC

In an email from FGB support I read
'NOT use assign tp and sl = true, please set it to false it will decrease performance.'

Mi question is:
Supposing the broker is an ecn honest broker, why should assign tp and sl = true decrease the performance?

Another question about internal control

I don't understand what does internal control means. I did read the manual but don't understand. Could you make me an example? What's the difference to set it true o false?

I wait until all the positions are closed too, but sometimes it's take a lot of time before the
myfbook updates the open trades.

It would be great to update more often reducing the time or using the myfxbook plug-in.

messidona posted:
    

FXdome posted:
    Hi hadito,

Do you have to re-start the EA everytime when Kennys EA closes the trades since I heard FGB does not know kennys ea closing the trades and it will think that the original trades are still open.

Hi FXDome,

Sure I have to restart my MT4 after it is closed by Trailing Stop or Stop Loss.
Usualy I am waiting until all position closed and restart my MT4.

This is amusing, the signal service opened a buy and on here it is listed as a sell.😝

cunod posted:
    This is amusing, the signal service opened a buy and on here it is listed as a sell.😝

check the date. it's from last week. FGB hasn't updated for a while.

HiPwrD64 posted:
    

cunod posted:
    This is amusing, the signal service opened a buy and on here it is listed as a sell.😝

check the date. it's from last week. FGB hasn't updated for a while.

your right, I got itchy

i find small problem. i started the bot yesterday and it opened the last 3 sells like here at the journal. but the bot did not close them like in this journal. why does this happen? i did not restart or interrupt the bot.

regards

PriNova

brilliant!!!
the journal showed that the bot just having around 80 pips losses and my account got it nearly 260 pips losses...
what on earth is going on?
I do nothing to my account and my vps. just let it go as it should. and this is the result...

PriNova posted:
    i find small problem. i started the bot yesterday and it opened the last 3 sells like here at the journal. but the bot did not close them like in this journal. why does this happen? i did not restart or interrupt the bot.

regards

PriNova

Alot of people are having some problems with the bot right now. At times trades are opening 3 times the desired lot value, not closing at a profit and then dragging down to a loss and then closing, and a few other things. I have switched over to the signal service as of last friday and I am not having any trouble. I have pulled the bot off the chart I'm thinking about outright dumping the bot and just sticking with the signal service. At least with signals the bot will close unless that eventually bombs. The bot is good just glitched right now. The support team says they are working on it, but it remains to be seen.

i wonder if the copier service is based off the Basic edition. if I am paying for a subscription -- a premium, that is -- i would think advances services would be in order. that is, with proper trailing stops and the works.

better yet, i would rather have Mr. Lipinsky (the author) trade it himself.

I just know one thing most of the time FGB will lose a bunch of trades in a row this has happened in the past and every one knows that, if you dont know this you can look at the trade history, i just look at the end what i have got.. and im very much satisfied with the performance of FGB as already said this.
there are some feature that the support are working on, like you can use it with other bot as well. restart issue and lot more.
the vender is real professional and know what make his EA more better. I got reply for my ticket every time by the support no matter they reply me in two days or one day or a week but they do reply thats is for sure.
so by watching the monthly performance i still gave 5 stars to the bot =)

nexindo_pandu posted:
    brilliant!!!
the journal showed that the bot just having around 80 pips losses and my account got it nearly 260 pips losses...
what on earth is going on?
I do nothing to my account and my vps. just let it go as it should. and this is the result...

You are right, complete different exits, my loss -178 pips

different brokers different results.
did you notice that.. its never happen like one client is earning and other is losing pipss. its only the pipps difference. and if we all are in winning, again there are few pips difference that is just becayse every one is on different brokers. so wait for the winning turn, also its a part of life even trade some time we loss some time we wins.. we have to count at the end what we get ?

aryaforex posted:
    

dariomar79 posted:
    Hello all,
  seeing your comments, it seems that FGB robot really works!
I'm looking (from a long time) for a serious robot that could help me investing in Forex market and maybe it is.
I've tried many MT4 EAs, but with very poor performances, so I'm a little bit skeptical.
So could you please tell me wich is the real performance of this robot?
Those of you who have tried this robot for at least one month, could you please tell me what income (in pips or %) has it produced?
Thank you very much.
Kind regards to all :-)

bro, please read first yoo... previous e-mails has already answering your questions.

Hi arya, sorry but I do not see yoo emails. In wich pages are them?
Thank you

Pakfx posted:
    different brokers different results.
did you notice that.. its never happen like one client is earning and other is losing pipss. its only the pipps difference. and if we all are in winning, again there are few pips difference that is just becayse every one is on different brokers. so wait for the winning turn, also its a part of life even trade some time we loss some time we wins.. we have to count at the end what we get ?

for example this is what they are quoted at on the current open position,

05.16.2011 14:15 EURUSD Buy 0.12 1.42035

mine opened up at 1.42043
 It my be less then a pip difference but it gets the idea across

cunod posted:
    

Pakfx posted:
    different brokers different results.
did you notice that.. its never happen like one client is earning and other is losing pipss. its only the pipps difference. and if we all are in winning, again there are few pips difference that is just becayse every one is on different brokers. so wait for the winning turn, also its a part of life even trade some time we loss some time we wins.. we have to count at the end what we get ?

for example this is what they are quoted at on the current open position,

05.16.2011 14:15 EURUSD Buy 0.12 1.42035

mine opened up at 1.42043
 It my be less then a pip difference but it gets the idea across

if both positions are in same direction then there is no matter. if both are different *not talking about the pips..
then there would be prob.

so it clearly shows there is no trade difference its just pips different and its due to different brokers with different settings. also every one know bot need time to open trade when we 1st run also this condition of bot effects the trade, and that are still the pips difference.

SO please check at the end.
monthly statement.

Pakfx posted:
    different brokers different results.
did you notice that.. its never happen like one client is earning and other is losing pipss. its only the pipps difference. and if we all are in winning, again there are few pips difference that is just becayse every one is on different brokers. so wait for the winning turn, also its a part of life even trade some time we loss some time we wins.. we have to count at the end what we get ?

yes your rigth, but this small deviation would not make a hugh difference. if i compare the trades made here in the history (i could import it in my chart with a script) they are not the same like the settings with the forexgrowthbot indicator. what does this mean?
they changed their bot settings or have difficulty with their code.

what makes me think is, that if i backtest the last days every order opened and closed like in their journal here. and my last 3 sells also opened like in the journal here and the same in backtest. the only difference is, that they do not close in live forward but in backtest. i did not have requotes or trade context busy.
the real problem with every bot is they are black boxed. no explanation how they open and close trades. why? if a bot makes so much gain, why keep the strategy behind as a holy secret? and don't come with paranoic answers.
don't think i'm dishonest, i like their bot, but if things not work correctly is like a good book where some sheets are lost.

so in future i hope for fixed code and good business to all.

PriNova

Just closed a trade on the FGB paid monthly service for -50 pips after it was up +40. I hope this improves as that is surely not 'better than' FGB basic like they promised...i'll keep posting and I'm thinking a break even stop is a good idea once you are in the money guys if you happen to notice it is in a trade!