Forex Robo Trading

Posts Tagged ‘Forex GridBot’

While I enjoy publishing good Forex EA results and nothing is more exciting than watching a robot pull in winning trade after trade, completely on auto-pilot… Well at least when it is real money but for demo accounts it is still more exciting than watching paint dry.

However I’m not here to just show you the good results, there are some bad ones and downright ugly ones too. Seems Gridbot just blew out my demo account and shut itself down. Well at least it shut itself down before wiping out completely. It will take a little time to figure out what went wrong here and I’ll fire an email off to support just to make sure everything was setup correctly.

Although it is not entirely obvious from the Metatrader result page, actual trades began on June 15 but most of the account loss occurred in less than 3 days. When I have my live trade results software up and running, this will be much more transparent but for the moment, we’ll have to settle for the Metatrader detailed report graph.

Technorati Tags: account blowout, demo account, drawdown, Forex GridBot, forex robot results, live trading

Upgrade to the Latest Version of Forex Gridbot

Anyone who bought Forex Gridbot more than 2 weeks ago should download the latest version. The upgrade is of course free, just go to the members download page and download the latest version. They have also updated the user guide, so be sure to grab the latest version at the same time. This new version is trading very well with Gridbot pulling in some decent profits over the past week and fairly consistently.

If you’ve been following my blog then you will know I had some issues getting Gridbot to trade with an FXDD account. Well the latest version has solved that and its now trading like a champion. This is definitely the Forex robot to keep an eye on as it seems to absolutely love the current market conditions.

Here’s Gridbot’s results from last week.

One big issue with testing so many different Expert Advisors (Forex robots) is the time involved in collecting, preparing and publishing the latest results. And as I add more and more EAs to the mix, I can see this is going to become a real issue. So over the next few days, I’ll be putting together a script that will automatically post the results from all EAs being tested, with fresh updates every hour. That way you’ll be able to see in almost real time how a particular EA performs in live forward tests.

If you wish to see any particular information extracted and highlighted from the metatrader results page, such as maximal draw down, best/worst performance etc. Please don’t hesitate to leave a comment. Your comments and ideas will be incorporated into the results page. Thanks.

Technorati Tags: download forex gridbot, Forex GridBot, girdbot update, gridbot tests

Forex GridBot is a new robot you’re likely to hear a lot about over the coming weeks and months.

Here are some snippets from their sales page.
“The Forex GridBot knows EXACTLY when to cash in the chips and move on, and when not to trade. All the other Forex robots out there trade 24/7. They get greedy and after a few wins they end up going BUST! The strong survive by ADAPTING to the market. The Forex GridBot is smart enough to beat the BANKS and BROKERS at their own game. By taking profit on THOUSANDS of small profitable trades with its advanced AMM , Chaos Theory and Volatility, it always comes out on top.”

CHAOS THEORY
The Forex Market is a beast with over 3.2 Trillion dollars changing hands everyday. It would be impossible to predict the day to day movement of this market. Chaos Theory is built on the idea that a trading system can be random in the short term, but over the long term will follow a trend. Some of the BIGGEST HEDGE FUND, BANKS and PRIVATE INVESTMENT COMPANIES use this method in their trading systems. How else do you think they make their millions from trading?

ADVANCED MONEY MANAGEMENT
Our proprietary Money Management system keeps track of your profits and CASHES in every time . The AMM system doesn’t get greedy. It knows how much to risk and when to close the trade and cash in the chips.The AMM system was developed over years of working in the trenches of the BIG BANKS.

VOLATILITY INDEXES
During the worst Financial Crisis last year, the Financial Markets were rocked with turmoil, and many trading companies and brokers went bankrupt.

The Forex GridBot uses an advanced correlation formula and volume to keep track of volatility in the Forex market. The Forex GridBot system knows exactly when the markets are too volatile to trade and when they are not, therefore preserving your profits.

They are backing up their claims with live results from live trading accounts, much in the same way the creators of FAPTurbo have done. This robot looks extremely promising and I’ll definitely be adding it to the robots I’m testing.

It would appear that this is a true forex scalper robot. I’ll be writing much more on this robot shortly.

Here is a link to the official Forex GridBot website.

Technorati Tags: forex gridbot, gridbot review, scalper robots, forex scalping system

Technorati Tags: Forex GridBot, forex scalper robots, gribot review