Forex Growth Bot

Forex Growth Bot Review

(3 out of 5 stars)



Forex Growth Bot receives only 3 stars, which is same as Forex Over Drive. It features high 148% ROI and relatively moderate profit factor of 1.66 which is better then Forex BulletProof. It has 9.05% Max Draw Down which is better then Forex BulletProof (19% Max Draw Down) and Forex Over Drive (21% Max Draw Down).

Forex Growth Bot score only 190 for S3 grading because it feature live real test results, posted history back tested results, provides proof of past results, a comprehensive FAQ section, money back guarantee and instant access to download the software.


How this Forex Trading Software rank among others?

Attach a table below summary of Forex EA software comparison using ROI, Profit factor, Max Draw Down, S3 scores and Alexa.com rank. Forex Growth Bot is high lighted in Red colour.



Forex EAROI (Monthly)Profit FactorMax Draw DownS3 ScoresRatingAlexa.com
FAP Turbo207%31.770.32%280 points5 starsRank 31,123
GPS Forex Robot28%3.935.68%260 points4 starsRank 283,290
Forex MegaDroid19.8%NANA250 points4 starsRank 72,310
Leo Trader Pro32%2.855.84%250 points4 starsRank 213,570
Forex BulletProof11%1.3219%250 points4 starsRank 309,467
Million Dollar Pips925%2.132.58%240 points4 starsRank 75,635
Forex Growth Bot148%1.669.05%190 points3 starsRank 214,229
Forex Over Drive5.8%NA21%190 points3 starsRank 453,393


Forex Growth Bot popularity from Alexa Traffic Rank: 214,229 which is comparable with Leo Trader Pro (213,570), GPS Forex Robot (283,290) and Forex BulletProof (309,467). 


Stretegy Tester Report

Forex Growth Bot published many back test results and one of the summary results is posted here below for review. (Click on picture for detail). This strategy tester report is on EURUSD currency from 2006 Jun to 2011 Jun. Total executed 2161 trades with 1080 trades for Short position and 1081 trades for Long position.

The account started with $500 and exploded to $200k over 5 years. With 1.66 Profit Factor and 9.05% maximum draw down. Meaning you make $2.66 for every $1 you loss and maximum loses of $9.05 out of $100 account.
 
Note:
Profit Factor is gross profits divided by gross losses. (Higher value better)
Winning trade percentage is total win trades divided by total trades (win+loss). (Higher value better)
Maximum drawdown percentage is the highest losses you have divided by account balance. (Lower value better)


Trade Result Analysis

Forex Growth Bot is a consist MT4 Expert advisor Forex Trading software that provide passive income for Forex trader that is looking at automated trading using MT4 platform. The website features live account updates and plenty of historical results. This is one of the best software programs that you have to own it. (Click on the picture to see in detail)



Attached screen shot for Forex Growth Bot with starting balance of $250 from 2010 Nov 02. As of 2012 Feb 07, the balance reaches $5202, which gives an ROI 148% monthly (total 14 months). This is much higher then comparison unit trust and stock market


What strategy is it?

Attached screen shot of Forex Growth Bot from 13 Jan 2012 to 31 Jan 2012
(Click on the picture to see in detail)

Forex Growth Bot trade here only EURUSD currency pair with trades opening majority during 10:00hr to 19:00 hrs GMT. There is no money management built in as trades are executed with fix 0.15 lot as define by user.

The wining trades profit of between 10 pips to 40 pips. And stoploss of 20 to 80 pips depending on the 4H/daily chart range values. Trades are executed independently and may open more then 5 trades at any given time.


S3 Grading Scoreboard
Forex Growth Bot trade using scalping strategy, will abilities to open up multiple trades if the currency bounces back and forth triggering the trade setup. Main trading currency is EURUSR, with money management built in, overall wins average across open trades to maintain winning pips.

Best Forex Automated System Top Ranking - My S3 grading system for Forex Growth Bot is 190 points because it feature live real test results, posted history back tested results and provides proof of past results.

Is has a comprehensive FAQ section, money back guarantee and instant access to download the software.




Total points = 190 point
(3 out of 5 stars)


Not enough? Read more...

Click here to access the website for 1 more live trading account, 6 more back tested summary and purchase for instant download ---> Forex Growth Bot

Top Forex Automated Trading Expert Advisor (EA)


Forex EAROI (Monthly)Profit FactorMax Draw DownS3 ScoresStar RatingAlexa.com
FAP Turbo207%31.770.32%280 points5 starsRank 31,123
GPS Forex Robot28%3.935.68%260 points4 starsRank 283,290
Forex MegaDroid19.8%NANA250 points4 starsRank 72,310
Leo Trader Pro32%2.855.84%250 points4 starsRank 213,570
Forex BulletProof11%1.3219%250 points4 starsRank 309,467
Million Dollar Pips925%2.132.58%240 points4 starsRank 75,635
Forex Growth Bot148%1.669.05%190 points3 starsRank 214,229
Forex Over Drive5.8%NA21%190 points3 starsRank 453,393

Fully editable *.mq4 files that compile successfully with no errors (3MB zip file with 200+ EA codes. Including 40+ strategies from the Strategy Book. You can download the Free Strategy Book by joining my email newsletter on the right side of this website. Click "Buy Now" to make payment and instant down the Best Forex Ranking Cook Book at USD $79 (One time payment only) Click here for more info

Please inform me if unable to purchase or download (send to sngerge@gmail.com)