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Forex Growth Bot
in
Trading Systems
Aug 15, 2012 at 13:42
I hope not or I may as well take my money out and start following the horses.The only way to trade whether it is manually or automated is by using a proven strategy. The only way to prove a strategy is to test it. The only data we have to test it is back testing on historical data or by forward testing on current data.The best way to back test data is on as large a statistical sample and over as many trades as possible. The only way to do this, unless you are a masochist, is automatically.I don't really monitor FGB. I check it every now and then. I close it down for weekends. If I did moni...
Forex Growth Bot
in
Trading Systems
Aug 14, 2012 at 08:45
Same here, I started out with it by intervening, I lost more than the bot. Often when you decide it's not going to break resistance it does. There are a few things to think about.1) You haven't backtested "your version"2) If you can trade better than the bot why aren't you trading manually?3) What's your trading plan and how did you test it?If you don't have a clear trading plan that's been backtested then you're gambling not trading.
Forex Growth Bot
in
Trading Systems
Aug 03, 2012 at 10:52
I decided to check out my backtest and FGB shows a small loss over an entire two year period ( 1999-2000 ). Not sure if most people would tolerate an entire two years of no growth.Be interesting to see if other people saw this same bad period in their backtests.If you look at the behaviour of the EurUsd recently it has been appalling, my guess is it's down to too much government interference. If it carries on in this manner and the state of the Euro zone is possibly an indication that it will then FGB will continue to lose in my opinion. I am seriously considering my position on this EA at...
Forex Growth Bot
in
Trading Systems
Aug 03, 2012 at 10:45
No idea, it's not my EA. Send an email to support on their home page. In theory though as you can change the license once you use it there is no reason why you can't buy an existing licence and switch the account.
IP address of CommexFX MT4 server
in
General
Aug 03, 2012 at 08:24
Thanks for the heads up. I was contemplating entering the trading contest, that's why I wanted the IP. No intention of putting any of my money with them.
IP address of CommexFX MT4 server
in
General
Aug 02, 2012 at 09:20
It doesn't work as expected it's showing both the remote and the local Ip address as 127.0.0.1 for the terminal.exe process.
IP address of CommexFX MT4 server
in
General
Aug 02, 2012 at 08:53
Thanks, that's brilliant.
IP address of CommexFX MT4 server
in
General
Aug 01, 2012 at 13:05
Does anyone know the IP address of the CommexFX MT4 server? Just trying to source the best VPS to run with them.Best regards Steve
Forex Growth Bot
in
Trading Systems
Jul 27, 2012 at 12:32
Hi,No it calculates percentage growth based on what's in the account. It will show the withdrawals on the balance graph but not on the growth chart.Best regards Steve
Forex Growth Bot
in
Trading Systems
Jul 26, 2012 at 09:31
Hmm let's all run off and use a grid system that's "proved" itself over nine months. We've been here before back in 2011. People saying "Oh FGB is broke, hasn't made any money for ages" and then it goes on a good winning streak. I generally find that the second everyone believes that something is completely screwed is the exact second before it proves itself. But hey, you're welcome to your opinion and it's your prerogative to use dodgy staking systems.
Forex Growth Bot
in
Trading Systems
Jul 19, 2012 at 14:22
Okay let's examine some facts.1) The EA backtests well using tick data over the whole of the available tick data for Eur/Usd2) The EA backtests well using 1 minute data over the whole of the available data from Metaquotes for EurUsd3) The EA worked for 20 months on forward live tradingIf the markets have changed in some way that now means this EA is not valid, how is the EA developer supposed to write that into his EA? He is working with exactly the same information that we have access to and that he promotes the EA on. If you want to use the EA differently then by all means optimise it fo...
Forex Growth Bot
in
Trading Systems
Jul 19, 2012 at 12:40
Not a lot else to go on really though is there.I tried running future tests in MT4 and it just keeps crashing saying "Data not found" 😁
Forex Growth Bot
in
Trading Systems
Jul 19, 2012 at 11:24
Ah the old "Sell in May and go away" maxim.I generally find that when I'm being influenced by a sentence that rhymes it's a good time to get the calculator out and do some statistical analysis.Now unfortunately I'm in the middle of developing an EA at the moment so my MT4 is tied up and my FGB data only goes up to 2011 but here's what I find by calculating the average of the percentage return of the FGB backtest from 1999-2011.Jan 1.51Feb 0.31March 1.18April 0.40May 1.38June 1.40July 2.22August 1.50September 0.84October 0.24November -0.45December 1.67As you can see...
Forex Growth Bot
in
Trading Systems
Jun 14, 2012 at 15:17
As was pointed out recently, the lot size was recently increased from 0.15 to 0.20 on this account. That makes the recent losses look far worse than they are. It was just bad timing. I still believe this EA will return to winning form.
Forex Growth Bot
in
Trading Systems
Jun 14, 2012 at 14:44
Wow, I'll take a managed account that has one month of performance over FGB's 19 months of performance any day!🙄
Forex Growth Bot
in
Trading Systems
Jun 06, 2012 at 09:57
It's had bad runs before. It will recover. What I am more concerned about is receiving FGB emails promoting FX Phantom which on first inspections seems to be an appalling EA that is happy to risk massive drawdowns in order to win a handful of pips just to push up the win rate - a losing strategy if ever I saw one.
Forex Growth Bot
in
Trading Systems
Jun 01, 2012 at 12:10
I'm bemused as to why people aren't happy with FGB's performance. This EA relies on a solid trading methodology and backtests well over a sustained period of time. It's simple, put some money in an account, leave it for several years to compound. Retire. That is of course providing the Euro lasts that long ;)
Chimera
in
Trading Systems
May 30, 2012 at 13:16
I've now had two emails from people claiming to have been banned/censored.At the end of the day it's an old maxim that whoever controls the press ( forum ) controls what people believe. You should be encouraging people to discuss your EA in a public unmoderated forum ( like this one, Ethan rarely if ever removes comments ) to create credibility, not the other way around. Just my opinion.
Chimera
in
Trading Systems
May 30, 2012 at 12:53
I've had an email from someone telling me that your forums are censored. i.e. if people post comments that show your EA in a bad light the comments get removed from your forum. Any thoughts on this?
Chimera
in
Trading Systems
May 30, 2012 at 12:00
I'm sure that's the case, however I always like to see people's opinions in an independent forum where the forum moderator has no vested interest in what is discussed within that forum.
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