BlackJack (de forex_trader_13669)

El usuario ha borrado este sistema.

Discusión BlackJack

Jun 21, 2010 at 15:28
Vistas 704
6 Replies
mhensen
forex_trader_13669
Miembro desde Jun 15, 2010   posts 7
Jun 25, 2010 at 06:26 (editado Jun 25, 2010 at 06:32)
Running a renew test of the black jack 3.4 EA.

This is an EA written by myself, it is a martingale EA, but with max sizing and recovery options.. So yes, it takes losses and it tries to recover them.. and sometimes this results most of the time in less loss.. but a loss is taken!

Now running for nearly 2 months without being touched or any manual interference..

Currently on a demo account and I hope to run live in 2 months. When running this live the lotsize will be reduced by to a 3th of what it is running now. DD will then reduce also.. it is too high now but can be controlled by settings.. This setting is too high for running 'Live' but you can run this EA and take out 50% of profits each month and reserve a new pot for restarting the EA if it misses and looses it's momentum..



Currently the USD/JPY is in a drawdown due to the retrace of the last days.. Now it is trying to recover from the losses and pick up the wave again.



With kind regards,


Michael
Miembro desde Apr 05, 2010   posts 49
Jun 25, 2010 at 06:58
where can I find this EA?
Make $$$
mhensen
forex_trader_13669
Miembro desde Jun 15, 2010   posts 7
Jun 25, 2010 at 07:16
You can't :-) This is a self written EA and not ready to be given out. I need to rewrite some stuff and take out some params. And as I let it run now I am looking for ways it could be improved so that it will lower the dd..


Just keep following and I will let you guys know the details when the moment is there..


With kind regards,

Michael
Miembro desde Apr 20, 2010   posts 814
Jun 25, 2010 at 10:42 (editado Jun 25, 2010 at 10:45)
Incredible, you are using MM to do Martingale and yet able to survive with glory.

I see that you had a hard Stop at 75 pips. Are you using color indicator to follow up the trend ?

I also has such similar Martingale EA : https://www.myfxbook.com/members/ForexSeeker/seeker-skyline-alpari-uk/34957

But I have a fix TP, that not able to maximize the profit. You can check out my back test start from 2002.
https://www.myfxbook.com/community/trading-systems/seeker-skyline-alpari-uk/35829,1

Have you do any back test before put into real account ? How many years it can survive with MM started lots ?
Skyline Seeker is try to use the lowest risk of Martingale to get Never Blown account mission, but seem is not practical.
So you already realized that and using MM and multiple pair to get the MAX ROI before MC ?

Can describe how you exit the profit trade ? Using TS, Stochastic, or Trend color indicator ?

Thank Q!
Information is Gold when come to organised.
mhensen
forex_trader_13669
Miembro desde Jun 15, 2010   posts 7
Jun 25, 2010 at 14:51
I have a target based on the lot size.. when that target is hit a software, not communicated, stoploss is set. when the trend continues it can follow based on the stoploss. but this stoploss is pretty tight i must admit but nevertheless it can pick up some extra's and sometimes all the trades become positive..

but on the otherhand, that is why the stop is tight, when the price goes under the target again.. the stoploss is removed but the trades keep on going . I don't take the target.. only targets based on the 'soft' stoploss.

I haven't done any real good backtesting as I run multicurrency.. You will see corrections made by other currencies and losses on others. Combined they give a complete different picture then when you try and combine all seperate backtests.. And in my opinion this is the 'best' test.. putting it on demo.. let it run and go in live when it survives the first 4 months..(and set the risks lower than they are now!!!) but still .. if it can manage a 50-75% every month on lower risks. I can take a change I guess :-)
  
Miembro desde Apr 20, 2010   posts 814
Jun 26, 2010 at 06:11
So you exit base on trailing stop, and you have the SL remove when price under your target ? Then I don't understand how that you can hit stop loss if SL is remove..

No man is forever win in Martingale system, so do you have any balance or equity protection for you to start next month in case this month is not your luck. Or you use the leverage of 1:100 as natural stop by MC?

Let's talk about your entry point, what indicator you use to open trade ? Stochastic && MA && Slope Direction ?
Information is Gold when come to organised.
mhensen
forex_trader_13669
Miembro desde Jun 15, 2010   posts 7
Jun 26, 2010 at 06:40 (editado Jun 26, 2010 at 06:45)
There is 2 stops.. one hard stoploss and this one is set at the broker. But there is also a stoploss in case the trade goes into my favour. This stoploss is just a trailingstop and not passed to the broker.. this stop is managed intarnally..
So the original stops stays in place!.

The lots are calculated based on your balance. But as soon as the balance grows the lots are constantly recalculated. What I did in this calculation is tell it to reserve a certain amount and thus managing directly the sizing of the lots. Now I have set it to reserve 60% of the complete balace. and do the calcs based on the 40% left. this means that as the balance grows the risks should get lower when you reserve more then 50% of the balance..

The entry point is based on the Heiken Ashi indicator on various time frames. Combinations of the timeframes tell me to go buy or sell.. but once a trade has been made I won't switch but continue the trades based on the first choosen direction..


Right now we are in a major rawdown and this is caused by all 3 currencies going the wrong direction.. This shows that the initial sizing is too big and that or the divider size should go up.. or I should put more in reserve say like 75% instead of 60%

recalced back to a single currency the dd is max +/-25% .. and this is way too high on a real account... Please bare in mind that this is just a test for the EA on rather high risk settings.. This means the account balance will swing a lot, but I hope to see that the EA can manage itself without blowing up real hard and directly..
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