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Suggestion FiboActiveBot - good tool with EA possibilities.

Hello everyone I think it will be in the very interest of the EA owner and poster to start receiving feedback on forward tests already performed since inception of this thread. All I see here is just email addresses and requests. The purpose of this topic will defeated if we don't start sending historical data of demo and live trades, by the fiboActiveBot.
 
Hello everyone I think it will be in the very interest of the EA owner and poster to start receiving feedback on forward tests already performed since inception of this thread. All I see here is just email addresses and requests. The purpose of this topic will defeated if we don't start sending historical data of demo and live trades, by the fiboActiveBot.

Hi Bobzee

I have shared some tactic details, just in case, will put it below. Tool got many options based on demands, to make it work for most trader (who requested I mean),
backtest and optimization allow huge possibilities to go. I think, everyone can find a way for own neews now... I will post later the point of my tactic, basd on backtest
as example for 1 pair / 1 week (to show why I come to this etc). Since this is not clear EA or quite flexible with pairs - there is no way to copy-past the strategy. I suppose,
human support still small part of it.
 
I use clear SL/TP... main options for me COS and LOT2X
(I use 20-25 TP, SL as 80 (but only with COS, it helps to avoid SL anyway) and Lot2X)
Anotherway, small sl as 25 - but cos disabled.

But I suppose, main idea that helps - check the past activity on each pair ( I use to take
5-9 past signals) and if it was well - I use that pair, if signals were bad - just stop.

I use to take 5 pairs, but start trading on 1-3 based on past picture. Also, normally 3-4
trades on each pair. I cant add all this thing into sets, at least - the latest one - so... I do
some manual efforts, which are quite simple.

>Original version is still there, I'm share just updated version by requests.
 
Last edited by a moderator:
I use clear SL/TP... main options for me COS and LOT2X
(I use 20-25 TP, SL as 80 (but only with COS, it helps to avoid SL anyway) and Lot2X)
Anotherway, small sl as 25 - but cos disabled.

But I suppose, main idea that helps - check the past activity on each pair ( I use to take
5-9 past signals) and if it was well - I use that pair, if signals were bad - just stop.

I use to take 5 pairs, but start trading on 1-3 based on past picture. Also, normally 3-4
trades on each pair. I cant add all this thing into sets, at least - the latest one - so... I do
some manual efforts, which are quite simple.

>Original version is still there, I'm share just updated version by requests.
>Full source with VIDEO and details: http://www.eliteit4u.com/fab1.htm
>(clear download link - and full explanations)
Hello Andy
So you are suggesting I turn off live trades from mt4 on my VPS and trade only with the signals?
 
Sorry but this robot loose money but not gain . I have FiboActiveBot NEW v2.

It depends on way you are using it... I showed my way with simple sets... and I made 3 backtests for 1 month by now... with 3 types of sets on eurusd...
all these sets I mentioned above and each tests show profit. I consider backtesting as knowledge tool. But strategy is quite simple.

I did the test just today, but sets I posted a while ago... because nothing I changed there since first usage. Bacjtest is the way to get some ideas in sets etc.
will post today

One I can tell you for sure... if you consider it as "set & forget" style - it wont work. I do just simple steps - and it helps.
PS: once again - i never used all options we added. I used simple ones that almost all available in original version.

P.P.S: I will reply on all requests today
 
Thanks for the detailed reply.

Please tell me what is COS stands for and when Lot2X applies as I back tested it and never noticed any new order picked rather bigger lot.

Also why robot get's disabled after closing order on TP. Does it need to be turn ON everytime when it closes the order?

Do you use original version? COS - close on opposite signal option. If you have BUY trade, but SELL signal appears - this order will be closed.
Lot2X helps to increase lot size twice after a loss trade.

Original version is limited in trades. Advanced allow to trade without limits. It's free, I can share if you have just the original one.
 
It depends on way you are using it... I showed my way with simple sets... and I made 3 backtests for 1 month by now... with 3 types of sets on eurusd...
all these sets I mentioned above and each tests show profit. I consider backtesting as knowledge tool. But strategy is quite simple.

I did the test just today, but sets I posted a while ago... because nothing I changed there since first usage. Bacjtest is the way to get some ideas in sets etc.
will post today

One I can tell you for sure... if you consider it as "set & forget" style - it wont work. I do just simple steps - and it helps.
PS: once again - i never used all options we added. I used simple ones that almost all available in original version.

P.P.S: I will reply on all requests today
Could you share your settings. How do you get such a good results. Please explain me step by step
 
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