GoldBull Pro Aggressive (By GoldBull_Pro)
| Gain : | +12082.75% |
| Drawdown | 18.57% |
| Pips: | 2668.1 |
| Trades | 1899 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:500 |
| Trading: | Automated |
GoldBull Pro Aggressive Discussion
Jul 03, 2015 at 22:15
Well. Based on the performance metrics of this live account I'm watching
https://www.myfxbook.com/community/trading-systems/goldbull-pro-aggressive/946337,8#?pt=2&p=7&ts=62&o=946337
it seems like an aggressive setting trades 0.75 lots on a $1300 (roughly) account, i.e. 75.000 units (assuming 1 lot=100.000 of base currency). On that account size, you're using roughly a leverage of x57 per trade - way overleveraged as far as I'm concerned. Two open trades at the same time and you could get a margin call on 1:100 account. That is an unlikely event since the EA scalps for mere seconds, but it could happen. Imho you're looking for trouble but then again what do I know... the EA has made an impressive 93.8% last month on that broker, most likely on aggro settings. Btw that performance has not been replicated elsewhere to my knowledge, does anybody know if this Roboforex has superior execution, less slippage etc.?
https://www.myfxbook.com/community/trading-systems/goldbull-pro-aggressive/946337,8#?pt=2&p=7&ts=62&o=946337
it seems like an aggressive setting trades 0.75 lots on a $1300 (roughly) account, i.e. 75.000 units (assuming 1 lot=100.000 of base currency). On that account size, you're using roughly a leverage of x57 per trade - way overleveraged as far as I'm concerned. Two open trades at the same time and you could get a margin call on 1:100 account. That is an unlikely event since the EA scalps for mere seconds, but it could happen. Imho you're looking for trouble but then again what do I know... the EA has made an impressive 93.8% last month on that broker, most likely on aggro settings. Btw that performance has not been replicated elsewhere to my knowledge, does anybody know if this Roboforex has superior execution, less slippage etc.?
Jul 08, 2015 at 06:07
FxRainbowTrader posted:
This is my real live verified IC Markets ECN account running GoldBull EA in 'Agressive Mode': https://www.myfxbook.com/members/FxRainbowTrader/goldbull-ea-icm-trueecn/1231300
It proves again that demo account results can be really-really misleading.
I don't blame the EA developers. I have accepted the role of the 'guinea pig' and paid the price for it. No further comments...
Hi Fx Rainbow Trader
Why you deleted your account from my fx book, please put it again , we love to see
Thank you for your sharing
Member Since Jun 12, 2013
1 posts
Jul 15, 2015 at 06:52
https://www.myfxbook.com/members/GoldBull_Pro/goldbull-pro-live/1229593/mYUG1RsrawmqfnbMFKVb
I see the account has not updated since July 10TH, I guess it has blown up?
I see the account has not updated since July 10TH, I guess it has blown up?
Jul 18, 2015 at 07:57
Jul 18, 2015 at 08:02
ilios_ellas posted:
I've notice the samething.. Also seeing live account popping up with this EA.. Anyone still gaining profit with this EA and would like to share information about it thus far?
https://www.myfxbook.com/members/GoldBull_Pro/goldbull-pro-live/1229593/mYUG1RsrawmqfnbMFKVb
I see the account has not updated since July 10TH, I guess it has blown up?
Work Hard Play Hard... Signal App(Google Play Store):
Member Since May 04, 2012
1608 posts
Jul 26, 2015 at 07:13
This is another example of the fact that DEMO results are practically useless for scalpers, and they give unrealistic (i.e. FALSE) results.
Attached is my REAL Pepperstone Razor (ECN) account's performance over the past month. No further comments...
Attached is my REAL Pepperstone Razor (ECN) account's performance over the past month. No further comments...
Attachments:
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Member Since Jun 25, 2011
69 posts
Jul 26, 2015 at 07:28
FxMasterGuru posted:Can you share settings and pairs?
This is another example of the fact that DEMO results are practically useless for scalpers, and they give unrealistic (i.e. FALSE) results.
Attached is my REAL Pepperstone Razor (ECN) account's performance over the past month. No further comments...
Member Since May 04, 2012
1608 posts
Jul 26, 2015 at 07:35
(edited Jul 26, 2015 at 07:40)
jhnnavoigh posted:FxMasterGuru posted:Can you share settings and pairs?
This is another example of the fact that DEMO results are practically useless for scalpers, and they give unrealistic (i.e. FALSE) results.
Attached is my REAL Pepperstone Razor (ECN) account's performance over the past month. No further comments...
EUR/USD and GBP/USD using 'Agressive' setting.
By the way, a week ago I have upgraded the EA to v1.1, but the free fall has not stopped.
P.S. I am done with this EA. I have lost enough in addition to the purchase price. It is proven (to me) that this EA is not viable on a REAL account. Probably that is why it is promoted by using a DEMO showcase account...
P.S II: Since the seller is probably aware of the EA's uselessness on a REAL account (otherwise they would advertise by showing a REAL account), I consider GoldBull Pro another intentional SCAM (from Eastern Europe where most Forex scams are originated from...).
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Member Since Jun 25, 2011
69 posts
Jul 26, 2015 at 07:43
@FxMasterGuru I do not agree completely, sure the master demo results are misleading. I'm running this EA since two months now and I'm in good profit, but:
- you should found the best tech setup as you can (ECN broker with low spread+VPS possibly cross connect)
- GPB/USD: long in normal/conservative mode, do NOT allow short trading
- EUR/USD: short in normal mode, long aggressive mode
- USD/JPY: do not even touch this pair
For some reason which I can't understand this EA is much more profitable on the long side.
Cheers
- you should found the best tech setup as you can (ECN broker with low spread+VPS possibly cross connect)
- GPB/USD: long in normal/conservative mode, do NOT allow short trading
- EUR/USD: short in normal mode, long aggressive mode
- USD/JPY: do not even touch this pair
For some reason which I can't understand this EA is much more profitable on the long side.
Cheers
Member Since May 04, 2012
1608 posts
Jul 26, 2015 at 07:54
(edited Jul 26, 2015 at 08:00)
I am glad that it has worked out for you. I guess both of us right, just approaching the same 'elephant' from a different angle.
I was simply comparing the DEMO account's performance (with Standard settings) with my REAL account's performance also with Standard settings. The difference is HUGE: night and day. And that is my point.
With some SPECIAL settings it might be profitable on a real account, I don't argue with that.
I consider Pepperstone's Razor ECN account being a pretty good benchmark among the reputable mainstream brokers.
In addition, the EA was running on a CNS (i.e. low latency 'on net') VPS which can be considered also as a benchmark on the market of VPSs. (So I guess, my results were even 'better' than if running by a scam broker and on a home PC...)
I was simply comparing the DEMO account's performance (with Standard settings) with my REAL account's performance also with Standard settings. The difference is HUGE: night and day. And that is my point.
With some SPECIAL settings it might be profitable on a real account, I don't argue with that.
I consider Pepperstone's Razor ECN account being a pretty good benchmark among the reputable mainstream brokers.
In addition, the EA was running on a CNS (i.e. low latency 'on net') VPS which can be considered also as a benchmark on the market of VPSs. (So I guess, my results were even 'better' than if running by a scam broker and on a home PC...)
Attachments:
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Member Since Dec 15, 2010
795 posts
Jul 26, 2015 at 20:23
real or demo? real account dont seem to work.
Click on my Name to see My Live Charts and Bio.
Member Since Mar 22, 2015
14 posts
Jul 27, 2015 at 08:53
any more traders use this EA?
Feedback?
Feedback?
Member Since May 20, 2011
724 posts
Jul 27, 2015 at 10:46
alonzo83 posted:It doesn't matter what your ping is so much as what the actual execution you get. If dealer wants to slip you, he will. I have had delay on 1ms ping and makes little difference what your actual ping is as long as you not trying to arb on shitty internet connection.
Go vpsforex.net ping 1 ms activtrad and peeperstone good spread good slippage good ping for ea Best conditions
Member Since May 04, 2012
1608 posts
Jul 27, 2015 at 21:45
jhnnavoigh posted:
@FxMasterGuru I do not agree completely, sure the master demo results are misleading. I'm running this EA since two months now and I'm in good profit, but:
- you should found the best tech setup as you can (ECN broker with low spread+VPS possibly cross connect)
- GPB/USD: long in normal/conservative mode, do NOT allow short trading
- EUR/USD: short in normal mode, long aggressive mode
- USD/JPY: do not even touch this pair
For some reason which I can't understand this EA is much more profitable on the long side.
Cheers
@jhnnavoigh
'Thanks' for the settings... They really worked just 'great' on my REAL Pepperstone ECN account...
Attachments:
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Member Since Jun 25, 2011
69 posts
Jul 28, 2015 at 06:14
(edited Jul 28, 2015 at 06:16)
@FxMasterGuru if you can judge an EA or even some setting only in one day you do not need any advice. The EA works good for me, that's enough.
Good luck.
Good luck.
FxMasterGuru posted:jhnnavoigh posted:
@FxMasterGuru I do not agree completely, sure the master demo results are misleading. I'm running this EA since two months now and I'm in good profit, but:
- you should found the best tech setup as you can (ECN broker with low spread+VPS possibly cross connect)
- GPB/USD: long in normal/conservative mode, do NOT allow short trading
- EUR/USD: short in normal mode, long aggressive mode
- USD/JPY: do not even touch this pair
For some reason which I can't understand this EA is much more profitable on the long side.
Cheers
@jhnnavoigh
'Thanks' for the settings... They really worked just 'great' on my REAL Pepperstone ECN account...
Member Since Jun 25, 2011
69 posts
Jul 28, 2015 at 06:20
@FxMasterGuru anyway if you want compare your results report here the pips. Yesterday I was in profit, may be Pepperstone is good for this EA.
Member Since May 04, 2012
1608 posts
Jul 28, 2015 at 08:43
(edited Jul 28, 2015 at 08:45)
jhnnavoigh posted:
@FxMasterGuru anyway if you want compare your results report here the pips. Yesterday I was in profit, may be Pepperstone is good for this EA.
@jhnnavoigh
I don't get it... This is a Pepperstone ECN account... I don't say Pepperstone is perfect, but at least it is reasonably good, mainstream and ASIC regulated. Some 'no-name' brokers will definitely give better spreads, better fills, but then they DISAPPEAR with all your funds, or AT BEST they refuse to pay your profits.
I have been already a victim of a broker scam: Capital Trust Markets was giving the BEST fills and executions EVER, until the owner Reza Mokhtarian has just disappeared with all the clients' deposits and profits ($500k+) while posting selfies and YouTube videos with his Ferrari, Lamborghini, Rolls-Royce and Bentley (yes, with ALL of them) every day. And yes, CTM was the best EXECUTION broker I have ever seen (as they were B-booking everyone) and also the biggest SCAM.
So go ahead and trade this scalper with a no-name, less known, less regulated broker... And enjoy your profits... If you can get them..
And why the f*ck should I report PIPS to you? I am not your scutman... You have a calculator on your PC, you can calculate them if you want from the provided Pepperstone's report.
By the way, pips don't matter: LOSS is a LOSS whatever the pip count says.
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