Forex Growth Bot Discussão

rootkit posted:
    my fxdd account is different from thinkforex. Well, these two days look like FGB is entering at the top of a breakout, and the wave was struggle, I think it's no good for ranging market.

Thanks rootkit.....so the FGB doesn't place the same trades on ur FXDD account like it does on Thinkforex? Wow, if that is so then i may have to reconsider using FXDD

Hi,
Yes, it seems to be working best on Thinkforex. I have tried even on alpari demo and its different.
FXDD feed doesnt seem to match well to FGB.
If you use 4xsuperstore page to open thinkforex account, you will get 0.3pips rebate back on your trades as well. (each 100 trades you getting extra 30pips!)

I think the bot is due a winner!

it should have enter the market earlier today as price broke through resistance level.. and the indicator showed a buy signal......lets see what will happen with this trade.. no gain to lock with a trail...

ksnikos2000 posted:
    it should have enter the market earlier today as price broke through resistance level.. and the indicator showed a buy signal......lets see what will happen with this trade.. no gain to lock with a trail...

What indicator are you referring to ksnikos2000? do u know exactly the conditions that the ea is trading by?

you can use the custom indicator it came with.
Look in your custom indicator folder, you will see it.
I see what ksnikos2000 is saying, it lit up green arrow on the bar prior to entry, was about 20pip better entry,

Yes thats right yoyofx! It was so unlucky with this trade today just closed it little before the trend reverses..... lets see if it is going to place other trades...

Ermmm - sorry, if you know that why not then trade manually (semi-auto with it)? How do you know?

I think it is always 'easy' to say: should da, would da etc...

How do you know? Who knows in fact? except Eugene himself?

I will let it do its thing - my money will be there for at least one or 2 months and I will judge afterwards...

I do not trade manually and I do not know/want to trade manually - I want to trust a robot and I am giving it a chance.

Today, I admit I closed some trades manually as it was the beginning with this Bot but I will try to 'kill' my emotions and let it do its thing: I expect some losses though :-) - In fact, I expect 5 or 6 losses first.

Yes, I am very pessimistic in general at the beginning :-)!

Thank you for your feedback/help
Carol

LivenFX posted:
    hi.. yup i use the default.
somehow, what catch my attention is to play with the trail start #, & trail %
The trail %, if you longed for higher locking profit then put e.g. (From 50%) 66% for instance, it should lock when pips goes -ve direction. Alway a but, then also potentially missing chance to wait for spike profits if the instrument fluctuation is high.

The latest TRAILING EA has come with default 80% of trail_percent (correct me if am wrong).

seriously, i am still blur on how the decay works blehhhhhhh
😕😕😕😕😕

Hi guys,

The reason behind the decay is that it makes this trail highly customisable.......

With a normal trail, if you were trailing at 50%, you would lose half the pips that were locked in at any one time, so lets say, the profit runs to 200 pips, you will eventually only bank 100 pips on the retrace. My thinking is that it would be nice to lock in more of those 200 pips.
The trail allows you to provide a wide trail eg 80% and then wind the trail in over time. In fact, you could use this as nothing more than a move to break even if you prefer. ie trail @ 100% after say 30 pips with use decay false.

The exact settings will be a function of the strategy that you use to enter. If you are using a breakout strategy on the GBPUSD as an example, my studies tell me that the average breakout lasts 50 minutes before a significant retracement occurs. You would then have a wide trail....maybe 100% from 10 pips and then at 45 minutes I would use the exponential decay to rapidly move the trail to 10% and then leave it there.

These settings will be different if you are using a trend following strategy......

I don't trade FGB, so I cannot tell you the best settings for FGB. Run some tests on demo and compare is the best way to find out the optimum settings. I am working on developing an adaptive technology where the EA will record its trades and analyse various outcomes with different settings to determine the optimum settings......sort of like self-optimisation.

hi! The past few trades were around 30+ pips profit/loss. Just curious if how did the initial 100+pips profit came about. I am serious about FGB and hope to know more about it.

Hi > all
I am testing Growth Bot in IamFX, ThinkForex, Pepperstone, FinFX, FX Primus, EXNESS, Forex.com UK.
But every broker has different results.
Which is correct?
😕

osarun posted:
    Hi > all
I am testing Growth Bot in IamFX, ThinkForex, Pepperstone, FinFX, FX Primus, EXNESS, Forex.com UK.
But every broker has different results.
Which is correct?
😕

Osarun, i really don't get why the results should be different, i can understand if it's just by a few pips because of feeds, but on the overall, the difference shouldn't be much....for now, i think i'm gonna just use the recommended one for a start and see how it goes

It is different, definitily, even at the same broker and 2 accounts. For my opinion it depends on the speed of the data feed. I had today on one account a buy and on the other account a sell with a time difference of 15 minutes. I think, if the signal is weak, it can change from sell to 'do nothing' to buy. Is the signal strong, then for my opinion the different brokers and accounts show nearly the same behaviour.. and this should be the difference between good and bad results with this bot.....but that is only my assumption..... my experience so far with FGB is at least up to now 'slightly positiv', but the test period is too short upt to now

The BOT just entered at the rally after Trichet speech. Entry could have been a little late, so expect anything

ok, the trailing feeds on the trade status is synch now.
😉😇

number of open trades = 2

<a href='' target='_blank'><img src=''/></a>

Haitrader,

opening a short trade in a long trend may accour if you have closed some trades manually before and that you didn't restarted the mt4 terminal after that
you should always restart if closing trades manually

I am currently using IBFX Australia (DEMO) for just about two weeks. So far, I find that the trades are identical to this account, with a couple of exceptions where my orders may be opened up to +/- 0.9 pips.

I really appreciate the small SL settings on repeated attempts to identify the breakouts.

Is anyone using the EA with a live account at IBFX Australia? And are the results satisfactory so far?

Since this EA seems to look for the break outs, it may make sense to test it with either GBPJPY and/or EURJPY. I am currently testing with EURGBP as well as GBPJPY with good results (default settings, basic EA). It seems to allow up to 60 pips DD with the GBPJPY pair whereas it allows much lesser room for error with the more expensive (cost per pip) EURGBP pair. That discrepancy could also be explained in that the EA seems to cuts its losses early and move on when it detects that its trade may not be a good one - where it closes losing trades at 10 - 15 pips.

Excellent work on the EA. Very impressive results - let us hope it can maintain these kind of results :)

Kasuko, I am using an account in IBFX AU (mini one). At the beginnig it wasn't the same but I closed all charts, restarted the MT4 and open only the EUR/USD with the EA and it is working the same that this account. For good and for bad...

Off the topic, want to ask if someone would like to open new topic discuss about ACG (Auto Cash Generator EA)?
https://www.forexnirvana.com/f27/auto-cash-generator-v3-1-a-182/

eye catching is that = The founder has no loss so far with the EA bot.

Sorry.. my user account does not allow yet to open new topic in (myfxbook) 'Trading Systems'..

LivenFX posted:
    Off the topic, want to ask if someone would like to open new topic discuss about ACG (Auto Cash Generator EA)?
https://www.forexnirvana.com/f27/auto-cash-generator-v3-1-a-182/

eye catching is that = The founder has no loss so far with the EA bot.

Sorry.. my user account does not allow yet to open new topic in (myfxbook) 'Trading Systems'..

You cannot 'open' topics in the trading systems area - each discussion there is attached to a trading system. Simply add the system to your portfolio and then click on the discuss button at the top, when viewing it.