Forex Growth Bot
Gain : | +2644.71% |
Drawdown | 94.46% |
Pips: | 8075.5 |
Trades | 2881 |
Won: |
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Lost: |
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Type: | Real |
Leverage: | 1:200 |
Trading: | Automated |
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Forex Growth Bot Discussion
Member Since Feb 22, 2012
2 posts
Apr 25, 2014 at 18:05
Member Since Feb 22, 2012
2 posts
stevetrade posted:
This is an interesting discussion. I still have the 10 year backtest in my strategic history and while the EA in backtest never suffered six losing months in a row before there are plenty of times early on where it lost 3 months in a row and then not long after did so again. Analysing the backtest history for a period from 1999 - 2001 shows that the EA performed far worse overall than it has here. You can see a snapshot of this attached.
Whether the EA will ever perform again remains to be seen. The main question to ask is whether you are prepared to accept the chance of sideways movement for years at a time. I think the key thing to learn here is to take a good hard look at the backtest data you generate and ask whether you are happy with every period of trading history that the backtest shows you, if similar patterns where to occur again.
I for one have moved on from using this EA.
Best regards Steve
most of the EAs are like this ... many of are bullshits ..
forex_trader_167763
Member Since Dec 16, 2013
7 posts
Member Since May 08, 2014
49 posts
Member Since Jun 22, 2014
423 posts
Member Since Aug 09, 2014
80 posts
Nov 19, 2014 at 17:23
Member Since Mar 20, 2010
54 posts
Darn, I was hoping that this EA would completely bite the dirt.
94% DD on April 28 was so very close falling off the ledge.
It looks like it was hanging on by a finger nail and now, over the last few months, it has managed to put on at least two more wobbly fingers.
finger = 10%
Ref DD tab: 94% DD (April28) to the current 73% DD (Nov19)
94% DD on April 28 was so very close falling off the ledge.
It looks like it was hanging on by a finger nail and now, over the last few months, it has managed to put on at least two more wobbly fingers.
finger = 10%
Ref DD tab: 94% DD (April28) to the current 73% DD (Nov19)
Member Since Feb 19, 2015
61 posts
Member Since Jan 27, 2015
5 posts
Member Since Feb 19, 2015
61 posts
Member Since Jul 05, 2011
305 posts
forex_trader_41933
Member Since Jul 16, 2011
38 posts
May 09, 2015 at 16:13
Member Since Jul 16, 2011
38 posts
He risked with a manual MM to recover the loosing strikes..... Heart attack was not in place cause he put only 250 USD in the account!
Forex Growth was the first experimetal bot to show that trading wit EA is possible... But is too risky...
Forex Growth was the first experimetal bot to show that trading wit EA is possible... But is too risky...
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