Forex Invest Bot

Just purchased (returned FGB since was under 60 days) and got Forex Invest Bot. Running .05 lot sizes.

Will advise how it goes- is anyone else running FIB?

hi, blaisen1, how r u? I am not with this robot now, but it sounds good and I am looking for a robot as well. Would you mind posting some live results?
Also why did you return FGB? It didn’t work? I believe FGB and FIB are from the same creator (correct me if I’m wrong).

I am now trying Alpscalp because I believe these services work better than buying a bot like these. Will keep you updated :wink:

FGB worked and matched the trades of the programmers myfxbook account but when FIB came out, since I hadn’t made a profit since buying FGB I thought I’d take the opportunity to return it and get FIB. FIB apparently has better entry/exit routines that should make it more profitable than FGB.

Hi Oreplay… what a coincidence it is your MyFXBOOK (demo) account linked on the Alpscalp website, don’t you think?

The point of an EA is that it is a programmed strategy and sticks to it without human emotions. A cowboy trader can blow up your account just as bad as the worst EA if the trader is under pressure for performance and the market goes against him and he throws caution to the wind.

Thx for your reply, man. hope it does well for you.
Can you please tell me what kind of robot it is, is it scalping? What kind of brokers does it work with best?
Also kindly post some live results of this EA, will you? THX.

I think it is a trend following robot based on elliot wave theory. It should work with any broken, it’s not latency sensitive like MDP.

Yep!

I hear what you are saying and basically agree BUT, Don’t forget human emotions are valided by fundamental impacts. In other words; sometimes we need human actions (although you are disciplined with removing the ea during fundamental swings (min 5 times a day depending on pair). Furthermore I haven’t seen a bot handling wel volatility.

But off course I hope it works out for you and wish you all the pips of the world!
Let us know results form time to time.

Thanks

hi, it’s been a while since you first started this ea, how is it going? Kindly post some live results for us, please? Would you? THX

Ok.

I had a trade on Wednesday that was about -$11, followed by a trade that started yesterday morning my time that ended as seen here:

02.07.2013 15:45 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.35117 1.33826 129.1 64.20 1d 5.08%
02.07.2013 16:15 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34723 1.33826 89.7 44.50 23h 30m 3.25%
02.07.2013 16:00 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34625 1.33826 79.9 39.60 23h 45m 2.98%
02.07.2013 16:45 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34457 1.33826 63.1 31.20 23h 0m 2.16%
02.07.2013 16:30 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34441 1.33826 61.5 30.40 23h 15m 2.15%
02.07.2013 17:00 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34301 1.33820 48.1 23.70 22h 45m 1.91%

So far I’m very impressed. Seems to have better entry/exit logic than it’s predecessor Forex Growth Bot, but time will tell.

FYI last 4 columns are: pips / $$ / duration / % gain/loss

Ok.

I had a trade on Wednesday that was about -$11, followed by a trade that started yesterday morning my time that ended as seen here:

02.07.2013 15:45 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.35117 1.33826 129.1 64.20 1d 5.08%
02.07.2013 16:15 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34723 1.33826 89.7 44.50 23h 30m 3.25%
02.07.2013 16:00 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34625 1.33826 79.9 39.60 23h 45m 2.98%
02.07.2013 16:45 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34457 1.33826 63.1 31.20 23h 0m 2.16%
02.07.2013 16:30 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34441 1.33826 61.5 30.40 23h 15m 2.15%
02.07.2013 17:00 02.08.2013 15:45 EURUSD Sell 0.05 - - 1.34301 1.33820 48.1 23.70 22h 45m 1.91%

So far I’m very impressed. Seems to have better entry/exit logic than it’s predecessor Forex Growth Bot, but time will tell.

FYI last 4 columns are: pips / $$ / duration / % gain/loss

I bought FIB the same day you bought.
My first time this creater’s EA. Almost the same results as yours.
So far good in/out to me.

Hello blaisen1
What is your settings.
Can you post your settings here,please.

Default settings, .01 lots.

Can you guys please tell me how is the current situation of the robot?

I am thinking on buying too…

I run it on a demo account, this is my first week.
It made the same on feb 12, only one trade with a loss of -38 pips.
I thought it´s because my notebook shut down autoamtically twice (i should fix the problem), but acc. to 1234x, this was th only trade.
Today it made 7 trades, with 4 losses, -47 pips and 3 opened positions remaining.

As they say it´s a trend follower, it reacts only on big moves, but it reacts badly, as you can see on the picture.
Every beginner could have made win trades with this short move. FIB cannot.
I am not satisfied untill now.


Update:
the last 3 trades closed too, with a loss of 88 pips.
Well, let´s see what tomorrow and next week brings…


this is interesting!
So you made profit yesterday?

You run your EA live you said, on a VPS server?

oh… ok

i will wait for 6 or 7 weeks.
I don´t expect from a EA to trade well from the first day on. Every good EA has bad times. But at the end of a period there should be a “+” on the account.

today no trades, yours neither?

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