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Forex Growth Bot
in
Trading Systems
Jan 24, 2013 at 11:33
*sigh*Best of luck with that.Steve
Forex Growth Bot
in
Trading Systems
Jan 24, 2013 at 10:39
Hi,Thanks for the update and I'm glad you had success with the indicator. The indicator is exactly the same one that FGB uses but out of the box the indicator has different settings, so it will show different trades. Try backtesting FGB over an extended period with the same settings as you have on the indicator and carry out a comparison with the default settings of the EA.If you read back a few pages in the thread you will find that someone thought he had found some better settings for the EA because they backtested well over a short period. He appears to have since disappeared from the t...
Vergil_UWC
in
Trading Systems
Jan 23, 2013 at 21:25
Looks like a high frequency scalping system and with an expectancy of 1.3 pips on a demo account I don't see it working that well on a live account. But go on, I'm interested to know how much it's selling for?
MegaTrader
in
Trading Systems
Jan 23, 2013 at 12:42
Personally I'd be more impressed if it was on a broker that could be trusted. Still withdrawals have apparently been made. I'd be interested to hear if this is available commercially in some format.
Forex Growth Bot
in
Trading Systems
Jan 23, 2013 at 09:37
Some people stop using it because it doesn't suit their trading style. It can go into long periods of drawdown and takes nerves of steel to stay with it. A lot of people want to see steady profits.People always worry about buying EA's/using trading services. The forex industry is full of crooks, charlatans and just the plain misinformed. It will serve you well to be cautious and always do your due dilligence.
Forex Growth Bot
in
Trading Systems
Jan 23, 2013 at 09:31
With £4000 in your account? Unlikely, it could be done but I wouldn't base my trading on trying to achieve a certain lot usage.
Forex Growth Bot
in
Trading Systems
Jan 23, 2013 at 09:29
Hi, sorry to tell you this but you're overtrading. I trade half that risk profile and I consider my trading aggressive with this EA. I would scale back to 0.2 lots. My next bad news is that with that kind of trading it could take six months or so to make your £1000 back now. However stay at that lot size and you could wipe most of the account in a few weeks.Next set of bad news. You went live at the wrong time. If you look at the chart on here you will see that there is a very rough statistical progression of the equity curve. You jumped in at the top. You should have waited till the...
Max Billion Clubs, jatindra M - Agung T
in
Trading Systems
Jan 21, 2013 at 10:57
I wouldn't send you personal details, nor would I recommend anyone else does. You get hold of someone's personal details then there is no telling what you could do with them. Maybe Liberty Reserve have a system that can be circumnavigated to post to another account if you have the personal details. As I say there is no reason whatsoever under any circumstances that you should need to open accounts for people, they can do it themselves.If your system isn't Martingale or similar what happened on November 21st? Looked like a really risky trade going on there to me to recover those los...
Max Billion Clubs, jatindra M - Agung T
in
Trading Systems
Jan 17, 2013 at 15:25
Seriously, why do you need to open the accounts for people? Why can they not - Open the account themselves, keeping hold of their precious ID details.- Fund the account with one of the 15 methods that Exness allows rather than using Liberty reserve.- Send the MT4 login and password details to you Seems like this would be a more secure and trusted method to me.
MT4 EA - MyForexDaily by AlceNet
in
Strategies
Jan 17, 2013 at 12:45
Thanks for explaining.Best regards Steve
MT4 EA - MyForexDaily by AlceNet
in
Strategies
Jan 17, 2013 at 12:03
Hmm, I'd still like to know why your model quality is 0.0% and given that why you feel you can trust the system?
MT4 EA - MyForexDaily by AlceNet
in
Strategies
Jan 17, 2013 at 11:45
I'm not sure that phrase translated too well into English. "That ignorance is bold" might be better. I gave a statement based on my own experience in answer to a question asked - as you yourself had already stated you were not sharing your experience.Then I asked a question, which is generally the route to solving ignorance. If you don't wish to answer it I'm fine with that. However something will always turn up to fill a vacuum.
Max Billion Clubs, jatindra M - Agung T
in
Trading Systems
Jan 17, 2013 at 11:24
Anyone that sends a copy of there ID to somebody else to open an account for them and then deposits funds is basically asking to be robbed. Be very careful.
MT4 EA - MyForexDaily by AlceNet
in
Strategies
Jan 17, 2013 at 11:22
Model quality 0.0% means that the backtest is basically junk.My guess is it's using pip based charts or similar? I've got an EA that gives similar results with 0.0% model quality. Absolutely bombed in live trading.Best regards Steve
Wind1
in
Strategies
Nov 08, 2012 at 10:37
Excellent, Roy, thanks.A demo account is a reasonable place to start although you can always use a nano account with a few dollars in. While it won't show you the same as a larger account would show it will give you a better indication than a demo account in my opinion.Best regards Steve
Wind1
in
Strategies
Nov 08, 2012 at 10:13
Hi,You need to either make your accounts public or publish invitations.By the way, demo accounts are pretty useless especially with a scalper like this. You really need to show us a live account - which interestingly enough Wind doesn't do either.No live account shown for marketing purposes ( because let's face it, why would you NOT show the EA making real money?! ) is generally a good indication that an EA doesn't work in the real world.
Wind
in
Trading Systems
Nov 07, 2012 at 15:28
You can be sure that there will always be people that don't read warnings and don't do their due diligence. I've been there myself. It's unfortunate that it can't be prevented but some people would rather believe there is something that can make them rich quick.
Forex Growth Bot
in
Trading Systems
Nov 06, 2012 at 15:49
Oh it's easy to lose money with FGB. If you started it on July 8th and left it running until August 3rd you would have had considerable losses. I would be more interested in what period it was run from. There are certainly people out there that have lost with FGB but it's generally down to1) Not using default settings2) Trying to manage orders themselves3) Using a dodgy broker4) Not monitoring for potential platform issues ( as FGB doesn't set a hard stop loss )5) Not trading it long enough
Forex Growth Bot
in
Trading Systems
Nov 06, 2012 at 15:19
1. I'm intrigued as to why you can't post links.2. I'm intrigued to know how you know it can be found with a google search when you saw it on a forum.Is this another one of those subtle adverts like the one we saw on here the other week?
Forex Growth Bot
in
Trading Systems
Nov 05, 2012 at 14:33
I'm going to assume he's speaking from a trading psychology viewpoint. Don't get excited about your gains.Don't get disappointed by your losses.Sometimes it pays to keep a level mind when trading.
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