Alfred v1.2 (By minyu2)

Gain : +5151.91%
Drawdown 34.67%
Pips: 27915.0
Trades 876
Won:
Lost:
Model Quality: 90.0%
Bars in test: 3948
Ticks Modelled: 10823559
Forward Test Insta Account

Alfred v1.2 Discussion

Nov 13, 2013 at 23:51
1,252 Views
5 Replies
Member Since Aug 02, 2011   38 posts
Nov 14, 2013 at 09:45
Hi. This is Alfred EA. It is a trend following strategy. The strategy seek to trade in the direction of the trend during pullback. It risks 1% of account free margin per trade with maximum 8 open positions including hedge positions. It works best for EURUSD pair. The backtest period is from 2001 to 2013. The worst dd was 35% but honestly I think the maximum risk is 100% in forex trading. In addition, the maximum stagnation period was 308 days. It is a far from perfect strategy but I think it has the chance to give positive result in the long term..say 5 to 10 years. So, I guess long-term commitment and patience is required to use this EA. I currently doing a walk-forward test for this version (v1.2) to check its robustness. The changing parameter is the risk per trade only. My plan is to trade between 0.5% to 2% with 0.5% increment. I use equal ratio for the in sample vs out sample data which is 90 days. I will post the result later. Meanwhile here's the link for the previous version backtest and live account.
https://www.myfxbook.com/strategies/alfred-v11/50964
https://www.myfxbook.com/members/minyu2/alfred-v11/696729

Comments are appreciated 😀
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Member Since Aug 02, 2011   38 posts
Nov 14, 2013 at 09:45
I attach the WFA result using 90 days optimization and 90 days testing period. Risk parameter is increased if previous testing period ended with negative return and decreased of the return exceeded 10%. Overall there are 50 passes (out sample data). The average return is 11.7%. The absolute DD and relative DD are 5.7% and 12.5% respectively. The walk forward efficiency ratio is 2.24 which indicates that this is a robust strategy.


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Member Since Apr 01, 2013   2 posts
Nov 16, 2013 at 08:55
hi,,
I wanna to know from where u got this EA ?
because it is mine , i made it and called it Alfred EA like my name.
And this EA has more than one version and the latest version has been V.15
Member Since Aug 02, 2011   38 posts
Nov 17, 2013 at 07:29
Hi Alfred,
I developed this EA myself and named it Alfred as in Bruce Wayne's butler Alfred Pennyworth :)
I thought I might encounter something like this. Is yours a commercial EA?
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Member Since Dec 27, 2012   253 posts
Nov 18, 2013 at 19:55 (edited Nov 18, 2013 at 19:56)
1st time i see a good expert here ....your expert very good expert i want see its realtime run too

can you run it here with a 500$ account www.maysuz.com ask them: i am frined if Dramin rostami friend they will give you 0.1 pip on eurusd for free
if you dont has money open a demo account in maysuz and run it and sedn em login and password

then i can put big money on it

back test not important....real time run even demo is important
Member Since Aug 02, 2011   38 posts
Nov 27, 2013 at 21:08
Hi, sorry for the late reply. I run 3 live tests. One using instafx standard with 4 decimal, one using fxopen cent account and I open PAMM standard acc (5 decimal) with Alpari RU.
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