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Vergilfx.com
in
Strategies
Mar 18, 2013 at 09:22
I can tell you about it, it's a tick scalper or similar is my guess and while it appears amazing in back test or a demo account in the real world it will probably make a loss.
Forex Growth Bot
in
Trading Systems
Mar 12, 2013 at 10:12
Hi, yes sure it can go countertrend. I'm working off the principal that the backtest and live trading results for this EA include all news results and the EA is profitable. You could, as you say, analyse the data against news release date/times and see if excluding the news releases would make the EA more profitable. I think just cutting the news trades out without analysing the result would be unwise as you might be removing some of the most profitable trades.I'd be interested to hear how you get on. I did consider doing it myself but it's will take a fair amount of messing around...
Forex Growth Bot
in
Trading Systems
Mar 11, 2013 at 15:13
I don't, it's a trend following system. Some news events will go with the trend and some against. It also makes most of it's profit in sudden bursts of activity. Miss one of the runs and you are in a world of hurt.Best regards Steve
Forex Growth Bot
in
Trading Systems
Mar 11, 2013 at 14:11
On the chart you are running FGB on it says in the top corner Internal = x, External = x.If they are not the same number it means the EA has lost control of positions and you should manually intervene.If it happens continually ( it did to me once ) the solution is to reinstall the EA. Even if you are running the latest version. It seems to solve the problem.It's not unexpected to get different positions than the default account, especially with different broker and VPS combinations. Just monitor your performance in comparison to this one and if it's considerable worse, change something...
Forex Growth Bot
in
Trading Systems
Mar 11, 2013 at 13:05
I have seen different set ups take different trades to this one, so I wouldn't worry but I would keep an eye on it, definitely.Best regards Steve
Forex Growth Bot
in
Trading Systems
Mar 11, 2013 at 12:37
Check whether the internal and external numbers ( on the chart ) are the same. If they aren't close it definitely. Also if they aren't the same it's probably worth reinstalling FGB.Best regards Steve
Vergilfx.com
in
Strategies
Mar 08, 2013 at 12:51
This EA is showing 1.2 pips expectancy on a backtest, the forward demo shows an expectancy of 0.7 pips.DON'T expect this EA to make any money on a live account, slippage on entry and exit will kill it, guaranteed.Why do you think there are no live accounts shown?Best regards Steve
Forex Growth Bot
in
Trading Systems
Mar 07, 2013 at 14:34
The account is verified, therefore it's been checked as a live account, plus I'm not sure you can set up a $250 demo account.Best regards Steve
Forex Growth Bot
in
Trading Systems
Mar 07, 2013 at 11:02
I'm not saying the FGB doesn't work, it obviously does. I'm also not saying that FIB won't be better, time will tell.However, it has yet to be proven over a sustained period.Best regards Steve
Forex Growth Bot
in
Trading Systems
Mar 07, 2013 at 09:08
I'm going to be a little cynical here, but I've been around the Forex autotrading business too long not to be.Forex Growth Bot has 1780 people watching and as the most popular system on here has been viewed 1.2 million times.Eugene makes a full time living from trading FX, or so the sales blurb tells us and yet it's not from this account which since day one has had no withdrawals. There are no other accounts shown on his page - which I personally would show if I had other live money accounts as it adds to credibility.So how does he make a full time living from FX? Selling robots?Wh...
Forex Growth Bot
in
Trading Systems
Mar 06, 2013 at 19:27
Unfortunately I make decisions in trading based on statistical analysis and cold hard facts.I'd buy the old 3 series if 1) I didn't have a lot of money2) I didn't want to own an expensive car3) I'd rather use my money on something else4) I regularly attended classic car ralliesYou see, one person's definition of a "quality" purchase can be different to another persons.Best regards Steve
Forex Growth Bot
in
Trading Systems
Mar 05, 2013 at 10:01
Based on what?A comparison of the live FGB account against the FIB account for the period FIB has been live, shows that while FIB made 731.7 pips for a 40.89% return, FGB made 1516 pips for a 56.85% return.FGB has been running successfully live for 2 years and 4 months versus FIB which has been running live in it's current version for 3 months now.On paper it does look as though FIB might be a better EA than FGB, however I think it's still early days to be making decisions like that. Personally, I'm running them both at reduced risk and I'll see how they compare over an extende...
Forex Growth Bot
in
Trading Systems
Feb 28, 2013 at 12:57
Li21 is manually intervening on his trades. Not really recommended unless you're a good manual trader. I tried it myself with FGB at first and it generally did better than me over the long run. Manually intervening also means that in effect you are trading without a tested plan, not a great ideaBest regards Steve
Forex Growth Bot
in
Trading Systems
Feb 28, 2013 at 12:55
1.8 I believe
Max Billion Clubs, jatindra M - Agung T
in
Trading Systems
Feb 21, 2013 at 10:37
Hi Thomas, Do you have any links you can share?Best regards Steve
Mt4-15043
in
Trading Systems
Feb 21, 2013 at 09:22
Nice work!Best regards Steve
A good MT4 broker that allows trading the S&P500?
in
General
Feb 20, 2013 at 13:08
Thanks, appreciate it.Best regards Steve
Max Billion Clubs, jatindra M - Agung T
in
Trading Systems
Feb 20, 2013 at 09:34
Well it does appear that it isn't martingale from the strategy tester results, there are some strange lot size decisions at some points but it's definitely not martingale. If this is genuine then well done.
A good MT4 broker that allows trading the S&P500?
in
General
Feb 19, 2013 at 09:47
Anyone know a good MT4 broker with the S&P 500 on it?Best regards Steve
VergilFX
in
Trading Systems
Feb 15, 2013 at 10:28
This EA is showing 0.7 pips expectancy on a demo account. Don't expect it to make any money on a live account.Best regards Steve
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