(REQ) Forex Godfather

[crushbeat]

Re: (REQ) Forex Godfather

 

it is in russia i think.. but no problem so far when using it live.

 

thanks

[fxeasy5]

Re: (REQ) Forex Godfather

 

:shand: crushbeat what broker is insta. :-?

Insta is a very good broker ( at least they say it about themselves ).

http://instaforex.com/account_types.php

They have accounts where you pay no spread.

I could not get some EAs to work on those accounts, but that means nothing because

it depends on the EA.

[didier]

Re: (REQ) Forex Godfather

 

hello,

 

I am running it on insta.. it is working.. opened sell.. hahaha

thanks

 

I have it too with same broker instaforex

 

The first trade , finally ! :o

[Pipaholic]

Re: (REQ) Forex Godfather

 

Mine is running on Tadawul and still no trades.

It seems to have a very good record finding those trends.

But still early. Six trades do not make it a success yet.

[Pipaholic]

Re: (REQ) Forex Godfather

 

Ok mine finally took out its first trade.

And it is going in the right direction.

also FPA has the same trade open.

But for some reason mine is 18 pips higher that theirs

[Kuekhatsu]

Re: (REQ) Forex Godfather

 

Anybody now, what the uses of the indicator VROC(25), & how it works & how use it, please ?

 

http://img205.imageshack.us/img205/8255/96634951.gif

[Pipaholic]

Re: (REQ) Forex Godfather

 

My trade closed out at 200 pips.

Can't complain at that.

The one at FPA closed out too, making it 6 wins out of 7 trades

Does anyone know what makes this EA tick?

[MartyGale]

Re: (REQ) Forex Godfather

 

When I see an imbalance in the rules between buy and sell I immediately think of data fitting.

 

This EA does a buy on a Mon, Tue, Thu, Fri but only a sell on a Mon and Thu. What good reason could there be to have a strategy that works this way? Looks over optimised to me but time will tell I guess.

[alansim]

Re: (REQ) Forex Godfather

 

WOW Impressive ! 6wins out of 7trades ! :-bd

 

Anyone got the latest version 2 or elite version to share please ?

 

Thank u... ;)

[San4x]

Re: (REQ) Forex Godfather

 

Thanks for sharing guys. Good work.

 

:)

[alansim]

Re: (REQ) Forex Godfather

 

Ok guys and ladies..i have just posted the Full Package of Forex God Father that comes with Version 2.0 + Elite Version + Elite Bonus :)

 

Here it is :)

http://www.indo-investasi.com/viewtopic.php?f=6&t=6688&p=65743

[Pipaholic]

Re: (REQ) Forex Godfather

 

I emailed them to ask them about version 2.

If you want to buy version 2, you have to buy the first version and then the second.

And pay twice.

I was a little disappointed in hearing that, so I'm testing it from here. :))

[Kuekhatsu]

Re: (REQ) Forex Godfather

 

When I see an imbalance in the rules between buy and sell I immediately think of data fitting.

 

This EA does a buy on a Mon, Tue, Thu, Fri but only a sell on a Mon and Thu. What good reason could there be to have a strategy that works this way? Looks over optimised to me but time will tell I guess.

 

Very2 Intresting & So Mysteriously ... =D>

 

But What use of the Indicators VROC in this EA ? I found this at MQL4 Code Base; here's :

 

Volume Rate of Change (VROC)

 

Volume Rate of Change (VROC) is an indicator of the direction where the volume trend moves. Its idea lies in the fact that almost all important graphical formations (peaks, foundations, breaches, etc.) are accompanied by a dramatic increase of trade volume. The indicator is the difference between current bar volume and the volume n periods ago. If the current bar volume is higher than it was n periods ago, the value of the indicator will be positive. If the current volume is lower, VROC will obtain a negative value. Thus, the indicator gives an idea of the volume change speed.

 

Determining the calculation period is very important while working with this indicator. Short periods of 10-15 bars show sudden changes of volume. However, for signals that are more realistic it is better to choose periods of 25-30 bars. This gives a smoother and more rounded line and makes the analysis easier. At the same time, using short periods gives a more broken, "noisy" line and complicates the analysis.

[alansim]

Re: (REQ) Forex Godfather

 

I emailed them to ask them about version 2.

If you want to buy version 2, you have to buy the first version and then the second.

And pay twice.

I was a little disappointed in hearing that, so I'm testing it from here. :))

 

 

Exactly you are right..Some of their existing customers are angry about this...lol...

 

Now i hope you guys will start a forward test of this EA and hopefully can share your results soon... :)

[hyperdimension]

Re: (REQ) Forex Godfather

 

Volume in MetaTrader is number of ticks within a bar, and not actual amount of currency that was traded.

So if this EA uses volume as if it's amount of currency traded, then it wouldn't make sense.

[hyperdimension]

Re: (REQ) Forex Godfather

 

Insta is a very good broker

It's rated as a scam at Forex Peace Army.

[alansim]

Re: (REQ) Forex Godfather

 

I prefer to stick with alpari or oanda :)

 

How about you guys ?? :)

[saendee]

Re: (REQ) Forex Godfather

 

;) this EA on back test seams to have many green pips at duration of buy/sell trades could 1 of the coders of this great forum code a trailing stop in this EA 8-) many thanks in advance ^:)^

[tantra]

Re: (REQ) Forex Godfather

 

be careful with forex godfather. Back testing shows a few losses.

[crushbeat]

Re: (REQ) Forex Godfather

 

hello tantra,

 

does the backtest show results like fpa did? 6 wins? doubling the acc?

 

thanks

[loulou69]

Re: (REQ) Forex Godfather

 

good backtest on 4x project http://www.4xproject.com/robot/review/forex-godfather/ \m/

 

and good demo starting :-bd

[Profitiser]

Re: (REQ) Forex Godfather

 

I prefer to stick with alpari or oanda :)

 

How about you guys ?? :)

 

Alpari is crap because their live spreads are up to 100% higher than their demo spreads. This means any results from forward testing with demo accounts can't be replicated in live accounts. You should try beamfx.com. They also got very good reviews and offer free VPS.

[bratt]

Re: (REQ) Forex Godfather

 

@Profitiser;

 

Beamfx is just an IB for CMS and other brokers;-)

 

besides, forexd0gfather that this thread is about is not very spread dependant - if at all.

 

alpari and oanda both are decent brokers imho.