GPS Robot FxChoice 100k (Genom ForexMark)
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GPS Robot FxChoice 100k Diskussion
Medlem sedan Dec 24, 2010
282 inlägg
Sep 05, 2019 at 11:10
Medlem sedan Dec 24, 2010
282 inlägg
Hello,
Yes, this is true. Unfortunately in the current world already long time ago backtests it's just one more thing for marketing for developers who can't provide stable forwardtests on live accounts. They try to find at least something to show to sell their system. We made tests huge number of robots with 10 years ideal backtests with 99% mq and no one system not shows stable trading on forwardtest more than few weeks. Only forwardtests, only real money accounts, only long term. Moreover be sure that you use not pirate copy because it will not support full analyzes in any case.
Best regards,
Mark
Yes, this is true. Unfortunately in the current world already long time ago backtests it's just one more thing for marketing for developers who can't provide stable forwardtests on live accounts. They try to find at least something to show to sell their system. We made tests huge number of robots with 10 years ideal backtests with 99% mq and no one system not shows stable trading on forwardtest more than few weeks. Only forwardtests, only real money accounts, only long term. Moreover be sure that you use not pirate copy because it will not support full analyzes in any case.
BroomFx posted:for future messages please not send me pm, I not have possibility to answer fast, please just contact support directly.
Best regards,
Mark
GPS Robot
Sep 13, 2019 at 12:03
Medlem sedan Feb 28, 2017
43 inlägg
I am very happy with GPS. Thanks. It has paid for itself in the last year.
Let the market work for you and then follow the winners.
Oct 03, 2019 at 23:05
Medlem sedan Oct 15, 2018
2 inlägg
Dear all,
Please I want to buy this EA : GPS Forex Robot 3
I have a littre capital of 500$. How much can I make profit in one month with this robot.
Do you recommand it ?
Please I want to buy this EA : GPS Forex Robot 3
I have a littre capital of 500$. How much can I make profit in one month with this robot.
Do you recommand it ?
Oct 03, 2019 at 23:15
Medlem sedan Dec 08, 2011
41 inlägg
Ramsis81 posted:
Dear all,
Please I want to buy this EA : GPS Forex Robot 3
I have a littre capital of 500$. How much can I make profit in one month with this robot.
Do you recommand it ?
If you have $500 to invest and don't have an idea about how much you will make based on what you saw on GPS web site/myfxbook then you are not ready for live forex trading. You need to go and practice on Demo account.
Oct 14, 2019 at 20:11
Medlem sedan Jan 07, 2019
9 inlägg
Hi all,
what kind of slippage do you get with this and with what lot size?
what kind of slippage do you get with this and with what lot size?
Oct 16, 2019 at 10:20
Medlem sedan Feb 28, 2017
43 inlägg
Slippage is dependent on the broker. I have no slippage problems with the EA and trade it 0.01 per $100 of account size.
Let the market work for you and then follow the winners.
Medlem sedan Sep 24, 2018
19 inlägg
Nov 26, 2019 at 16:42
Medlem sedan Sep 24, 2018
19 inlägg
So about whether or not to use the ReverseTrade option: if you're not using it, you'll take a 90 pip loss occasionally. As the wins on average are 2 pips, this means you'll need 45 wins per 1 loss to have a profitable strategy. Unfortunately if I look at the history, there were 20 losses on 460 trades, meaning 22 wins per 1 loss. So per this history, it means that without using the ReverseTrade, this EA will NOT be profitable.
HOWEVER, what strikes me is that the last losing trade was on 21 February 2017, and had 113 winning trades after that (up till now). So maybe the creators changed something 'recently', such that this strategy is a lot less prone to losing? If so, and with this ratio (113:1), technically the EA is profitable WITHOUT using the ReverseTrade option.
I've therefore decided to turn the ReverseTrade option OFF, and increase my risk to 20 instead of 10. Will update. Let me know if there's a fault in my computations here.
HOWEVER, what strikes me is that the last losing trade was on 21 February 2017, and had 113 winning trades after that (up till now). So maybe the creators changed something 'recently', such that this strategy is a lot less prone to losing? If so, and with this ratio (113:1), technically the EA is profitable WITHOUT using the ReverseTrade option.
I've therefore decided to turn the ReverseTrade option OFF, and increase my risk to 20 instead of 10. Will update. Let me know if there's a fault in my computations here.
Medlem sedan Jul 26, 2010
88 inlägg
Nov 26, 2019 at 17:29
Medlem sedan Jul 26, 2010
88 inlägg
dutchdevil posted:You can set the risk to 34 and keep reversing mode on and you are always safe
So about whether or not to use the ReverseTrade option: if you're not using it, you'll take a 90 pip loss occasionally. As the wins on average are 2 pips, this means you'll need 45 wins per 1 loss to have a profitable strategy. Unfortunately if I look at the history, there were 20 losses on 460 trades, meaning 22 wins per 1 loss. So per this history, it means that without using the ReverseTrade, this EA will NOT be profitable.
HOWEVER, what strikes me is that the last losing trade was on 21 February 2017, and had 113 winning trades after that (up till now). So maybe the creators changed something 'recently', such that this strategy is a lot less prone to losing? If so, and with this ratio (113:1), technically the EA is profitable WITHOUT using the ReverseTrade option.
I've therefore decided to turn the ReverseTrade option OFF, and increase my risk to 20 instead of 10. Will update. Let me know if there's a fault in my computations here.
Nov 26, 2019 at 22:05
Medlem sedan Dec 08, 2011
41 inlägg
Trade the EA the way they designed and tested it for. The key area you are leaving out of your analysis is that lets say you take a big hit next week, then you will take much much much much longer to get close to recovering. Why? Because after you lost a chunk of your account you will now have to trade at much lower lot sizes. This mean that your hill get steeper. Or you will have to double your original lots side with a much smaller account balance. This mean that you are facing a dead end.
Medlem sedan Jul 26, 2010
88 inlägg
Nov 27, 2019 at 09:21
(redigerad Nov 27, 2019 at 09:22)
Medlem sedan Jul 26, 2010
88 inlägg
delanth posted:The question is as follows :
Trade the EA the way they designed and tested it for. The key area you are leaving out of your analysis is that lets say you take a big hit next week, then you will take much much much much longer to get close to recovering. Why? Because after you lost a chunk of your account you will now have to trade at much lower lot sizes. This mean that your hill get steeper. Or you will have to double your original lots side with a much smaller account balance. This mean that you are facing a dead end.
What will happened for the ea if I set the risk to 34 instead of 10?
Medlem sedan Sep 24, 2018
19 inlägg
Nov 27, 2019 at 17:02
Medlem sedan Sep 24, 2018
19 inlägg
delanth posted:
Trade the EA the way they designed and tested it for. The key area you are leaving out of your analysis is that lets say you take a big hit next week, then you will take much much much much longer to get close to recovering. Why? Because after you lost a chunk of your account you will now have to trade at much lower lot sizes. This mean that your hill get steeper. Or you will have to double your original lots side with a much smaller account balance. This mean that you are facing a dead end.
Hi, yes agreed. But the way it is designed, is flawed as there is no escape plan from the reverse trade (outside of blowing the entire account). And yes this has been forward tested for a decade now, but there was a reverse trade that took 6 days to recover. Honestly at that point you have no control anymore over what will happen. They dodged a bullet there, because if it would have blown, this account would have been wiped out.
Therefore the alternative; don't enter the reverse trade, take the 90 pip loss and continue on, hoping that on average you have more wins than losses.
Nov 28, 2019 at 01:40
Medlem sedan Dec 08, 2011
41 inlägg
dutchdevil posted:delanth posted:
They dodged a bullet there, because if it would have blown, this account would have been wiped out.
They probably would have infused more cash to save their account. so the bottom line is about leverage here.
Jan 11, 2020 at 16:54
Medlem sedan Jan 06, 2020
2 inlägg
Nice chart and results! But I have never yet copied from myfxbook.. How that works?
Thnx for your answer.. 😄
Thnx for your answer.. 😄
Jan 20, 2020 at 07:17
Medlem sedan Oct 23, 2019
9 inlägg
Can anyone here request a refund from GPS ROBOT? I have requested a refund from GPS support but I do not have any help. Which is very shameful when buying a reply to the mail very quickly But when wanting a refund, there is no response.
Or any1 want this robot I can sell this robot to you $149.
Thanks
b2bbchong@
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