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Forex Invest Bot
| Gain : | +53.89% |
| Drawdown | 33.57% |
| Pips: | 1537.8 |
| Trades | 939 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:100 |
| Trading: | Unknown |
Forex Invest Bot Discussion
Member Since Jul 05, 2011
301 posts
May 10, 2013 at 03:01
A good source of information on Fancy Bot is http://www.donnaforex.com/forum/index.php?topic=9813.0 What I can say about Fancy Bot is the developer is very responsive. He has already addressed the issue that the bot's have with long candles and will be releasing an update. The truth is though that the breakout bots may have reached their lifetime. There are enough people using them now that it can be very profitable for the big guys to target the stop/loss of these bots. There are many times I have made a profit by stopping the bot and increasing the Stop/Loss . . . where the official account stopped out. I hope I'm wrong though as I quite like the way Growth Bot has performed over the years.
Member Since Jul 05, 2011
301 posts
May 15, 2013 at 02:43
incometrader posted:
That's interesting Aplmustdie, I've been watching Fancy Bot - looks like it may be more stable then Invest Bot. What's your opinion on Fancy Bot? And well done on making a profit on what seems to be a rough couple of months for most EAs.
Fancy Bot is a breakout EA, much like Robin, Invest Bot, and Growth Bot. It didn't suffer from as much drawdown as the last two, but it still has a weakness on long fast moving bars when they reverse. The stops often trigger and it continues the original move. The good news is the vendor is working on a fix for this issue. He has been quite responsive and active in the DonnaForex forums.
Member Since Aug 22, 2012
165 posts
May 15, 2013 at 04:49
Thanks for the info Aplmustdie. I will continue to keep a close eye on Fancy Bot's performance.
Member Since Jul 02, 2012
127 posts
May 24, 2013 at 12:37
Will you take a look at the difference between this bots performance and FGB. I guess this one really is better than FGB because previously I was unconvinced to say the least.
Member Since Jul 05, 2011
301 posts
Jun 10, 2013 at 03:05
This hasn't been updated in a while. The inability to update is laziness on the developers part. There is an EA that allows auto update on myfxbook even with the update to mt4
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Member Since Aug 22, 2012
165 posts
Jun 20, 2013 at 05:55
Not looking good is it.... Glad I turned it off when I did. Would get a refund if I could, but I've had it for over 2 months now. Hopefully the developer will do some fine tuning and it will become profitable again...
Member Since Jul 05, 2011
301 posts
Jun 20, 2013 at 12:51
Even with today's win, it is way to volatile in todays market. At best, it is breaking even. What good is a big win if you can lose it in 4 days.
Member Since Aug 22, 2012
165 posts
Jun 21, 2013 at 01:17
That's quite a big win, 25% in one day... The risk level must be way too high on this account to have such wild swings. I was running 0.5 lot on a 15k account and it lost 10% in one day. Maybe I should try it on 0.05 lot or less? Still, seems like a lot of squeeze for not much juice...
Member Since Jul 05, 2011
301 posts
Jul 11, 2013 at 18:39
Chart is turned off again, must have had big losses.
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