USDBot EA

[thesecret]

Oh well, another one which will change our lives :))

 

hxxp://www.usdbot.com

[Stormin_Norman]

Re: (Req) USDBot

 

what appears to be live statements:

 

http://www.usdbot.com/statements.html

[Cyrillic]

Re: (Req) USDBot

 

how much is it and are there any backtest statements for it.. i was not able to find the purchase page...

[Stormin_Norman]

Re: (Req) USDBot

 

how much is it and are there any backtest statements for it.. i was not able to find the purchase page...

 

not open until 26th jan. couldnt find backtests. but we can do then once the robot is released + shared.

[awsl]

Re: (Req) USDBot

 

what appears to be live statements:

 

http://www.usdbot.com/statements.html

 

 

looks like it is using multiple entries per position and using trailing stops.

[⭐ fxknight]

Re: (Req) USDBot

 

It is based on LaBouchere.. If you look at the statements you will see that the 2 large orders (0.80 and 1.0 lots) are closed at the same price/time.. hardly worth the effort IMHO ;)

[thesecret]

Re: (Req) USDBot

 

Soon...

http://www.usdbot.com/usdbot10ky.html

[onemore]

Re: (Req) USDBot

 

i dont see any labouchere in the last statement, i only see consistent profit over a 1 month period (or less)

[Remington]

Re: (Req) USDBot

 

Here is some more info:

hxxp://www.usdbot.com/casestudynfaq.pdf

[thesecret]

Re: (Req) USDBot

 

Page updated with Real Money Statement, its interesting :o

 

http://www.usdbot.net/

[Starting]

Re: (Req) USDBot

 

Page updated with Real Money Statement, its interesting :o

 

http://www.usdbot.net/

 

Looks a bit strange for me - everywhere in the statements maximal and relative drawdown is zero. ;)

Would I found any single trade within the statement with negative profit, I would have solid opinion on those statements. I would say they have mixing results, as all we know, trades with negative result can not provide overall maximal and relative drawdown in report to be zero.

 

Anyways, this is what I read on the page 4 of document on this SYS:

http://www.usdbot.com/casestudynfaq.pdf

 

At the end of three days of trading, I had 18 winning trades and one losing trade. The winning trades yielded me a profit of about $536 and the losing trade was -$45, giving me a NET PROFIT of $491 in 3 days FLAT on a $2500 investment…I was just speechless…

 

Could that be that there were no any losing trade for 10 days in a row (as given in their real statements on the site)?

I have a strange feeling based on what I see on their site and read in their faq. Let's see what it will be in a real life.

[awsl]

Re: (Req) USDBot

 

10 days of trade cannot really tell much of its possible drawdown. But the result if not manipulated is really impressive.

 

- point to note is that all the stop loss is 40 pips

- it is taking multiple entries, trade size possibly base on equity calculation

 

Looking at the $1000 live acct, trading 2 days last week on 21/22 Jan (using an aggressive leverage) to make $1454 is amazing!! is it just luck?

 

hope to see some other statements to verify the claim.

[jamestan1978]

Re: (Req) USDBot

 

there doesnt seems to be a buy link...

[thesecret]

Re: (Req) USDBot

 

jamestan1978, tomorrow will be...

[MetaCrazy]

Re: (Req) USDBot

 

one red flag: the website says that live results are updated every 15 minutes. last update was jan 22.

[awsl]

Re: (Req) USDBot

 

notice their site have a live chat, so I post a question below:

 

Q: Can this EA be used with ECN based brokers?

Cindy: We will be adding ECN compatibility in the next few weeks, and will be releasing the updated version free of charge to all our customers.

 

for your info.

[enodr]

Re: (Req) USDBot

 

"We will be adding ECN compatibility in the next few weeks"

 

This is a big joke. I can add ECN compatibility to any EA in under 10 minutes! Don't tell me they did not have enough time to add it.

[chemie262]

Re: (Req) USDBot

 

I got these performance data during the chat:

 

Mark Trenton: Agreed. These are our performance stats:

Mark Trenton: Performance:

Average Win (in pips) - 5 to 20

Average Loss (in pips) - 40 to 60

Max Win (in pips) - 150 (just recently)

Max Loss (in pips) - 80

Winning % - About 95%

[Cyrillic]

Re: (Req) USDBot

 

Regardless we can add ECN compatibility ourselves if required, as long as this robot isn't a piece of trash :)

[onemore]

Re: (Req) USDBot

 

the statements give us 100% wins of this bot, apparently it never failed in live testing, however the results as pointed out by metacrazy are not updated every 15 minutes.

 

too bad, it seems there is more hype than realness to this bot.

[Stormin_Norman]

Re: (Req) USDBot

 

time and a couple of years of backtesting will tell.

 

this is a USDBOT test from outside their site: http://buriki-robo4.mt4live.com/

[MetaCrazy]

Re: (Req) USDBot

 

the developer does not trust the EA enough so that the statements are really updated every 15 minutes, like the promotion page says.

[thesecret]

Re: (Req) USDBot

 

So, anyone grabbed it? :-?

[MetaCrazy]

Re: (Req) USDBot

 

the EA uses the ZigZag custom indicator.

[⭐ stingrayzz]

Re: (Req) USDBot

 

ZigZag indicator repaints as well.

 

Cheers

 

the EA needs the ZigZag custom indicator not included in the download.