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Behemoth GBPUSD 5% risk
in
Strategies
Jun 25, 2010 at 07:48
No, slope is just stuck in there as a default.This is in Alpha Stage so I wouldn't read too much into the parameters at the top. Things get put in and never used, it isn't until I'm finished that I strip out all the redundant code and tidy up.Yes, I am tracking it on MyFxBook - privately for now - and it is a small live account, not demo
Behemoth EURUSD 5% risk
in
Strategies
Jun 25, 2010 at 07:36
This is Behemoth compounded with 5% risk.Well, I say 5% risk. The lots maxed out in 2005 and from then on it is fixed lot sizes of 99,999 lots.Yes, I realise that this is a preposterous lot size but there is really no other way to try and see what the compounding result is. I realise that the modelling quality - which is caused by using fixed range bars - means that the strategy will only prove itself in live trading and I have already put it live.
Behemoth GBPUSD 5% risk
in
Strategies
Jun 25, 2010 at 07:27
This is Behemoth compounded with 5% risk.Well, I say 5% risk. The lots maxed out in 2003 and from then on it is fixed lot sizes of 99,999 lots.Yes, I realise that this is a preposterous lot size but there is really no other way to try and see what the compounding result is. I realise that the modelling quality - which is caused by using fixed range bars - means that the strategy will only prove itself in live trading and I have already put it live.
ctsforex_Sienna_EURUSD_compounded
in
Strategies
Jun 24, 2010 at 21:09
Totally agree, indicators are a waste of time for trade entry. They have some uses for other purposes. 90% of the EA developers out there are using them ( they obviously dress them up as genetic based algorithms or whatever the latest pseudo scientific fashion is ) and that's why they end up selling their EA's for $97 instead of trading them live.
ctsforex_Sienna_EURUSD_compounded
in
Strategies
Jun 24, 2010 at 21:06
I'm fully behind you there and I generally use Kelly Criterion to help give me an idea of the percentage risk that should be used for each strategy. I don't use it hard and fast ( that would be silly ) but it allows you to see which strategies warrant 1%, 2% etc.I feel that using compounding gives a better idea of how the strategy would be performing at all levels of equity. Once you've made a fair amount of profit on a backtest, opening a 0.1 lot trade would be a very small fraction of the equity. Fixed lot backtests are useful for getting the figures to feed into Kelly though. It...
Behemoth Eur/Usd 1 Lot per trade
in
Strategies
Jun 24, 2010 at 19:53
I've binned countless systems. Some because they were flawed ideas, which were shown up by a visual backtest but others because backtesting identified that there were periods where a currency range traded for an extended period and the EA would have caused unacceptable drawdown - or similar changes to a currency pairs behavior were flagged up.I've heard the theory that the EA's get sent out to the brokers before. I think it's pure paranoia to think that the entire Forex world is being driven by a load of retail investors using Expert Advisors. They would need some giant superco...
Behemoth
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Strategies
Jun 24, 2010 at 19:38
Thanks, this version has already been discarded in favour of the version that produced the backtests further down the list.
Behemoth Eur/Usd 1 Lot per trade
in
Strategies
Jun 24, 2010 at 16:24
Yes, I agree. It's very easy to fool yourself into thinking that your system works because of a backtest and putting it live on serious money before it looks good on small money is just silly.However, I think if you keep the concepts simple and work from sounds trading principles then there is less to go wrong.Most of the issues with backtesting come from known problems, such as the strategy tester using a fixed spread on the entire test or price spikes that aren't included in the tick data on the strategy tester, but these things can be catered for both in your strategy and in your ap...
Behemoth Eur/Usd 1 Lot per trade
in
Strategies
Jun 24, 2010 at 15:30
You are of course at liberty to completely ignore this section then.For those of us that do think that there are benefits to backtesting and are aware of it's limitations it's been a godsend.
Behemoth Eur/Usd 1 Lot per trade
in
Strategies
Jun 24, 2010 at 14:01
As I said in my first post on this EA. Only forward testing will tell if this EA really works. It's the limitation of using fixed range bars. They always return n/a as MT4 classes all the bars as mismatched chart errors due to the changing timeframe.
Behemoth Eur/Usd 1 Lot per trade
in
Strategies
Jun 24, 2010 at 13:39
This is version 0.2 of Behemoth.It's still in Alpha development stage. Again, modelling quality is n/a as I am using fixed range bars, which always return n/a.I hope to have this forward testing by the end of the week.
Behemoth
in
Strategies
Jun 24, 2010 at 11:16
This is the first backtest off a new strategy I am working on, again only at the alpha stage at the moment. I need to spend more time looking at the exit strategy. This has been run with a 5% risk per trade.This uses Fixed Range Bars and so the modelling quality is always going to be n/a. It aims to capture the big swings in the markets and get out quickly if it is wrong. Designed to mimic how a manual trader would trade.Only forward testing will tell if this will work.
ctsforex_Sienna_EURUSD_compounded
in
Strategies
Jun 24, 2010 at 07:47
Could you explain to me why using a fixed lot size gives a better indication of drawdown than using a fixed percentage risk of the account please? I've never come across this before.
ctsforex_Sienna_EURUSD_compounded
in
Strategies
Jun 24, 2010 at 06:33
Nice results, is this your own EA?I actually prefer to see compounded results, providing it's with a sensible risk percentage. You wouldn't be trading 0.1 lots once you had built up your capital.
FX Robot
in
Trading Systems
Jun 23, 2010 at 19:18
The system doesn't work on a genuine broker, there is no support to give.
FX Robot
in
Trading Systems
Jun 23, 2010 at 13:13
Yep, he'll just set up again somewhere else and start again.
FX Robot
in
Trading Systems
Jun 23, 2010 at 08:23
Setrox, you are wasting your time. There is no support because there is no working product. These results are created on Global Clearing Group ( 2pipsforex ) who are a known scam broker. Dominic is using them in order to sell his EA. There is no way that a market maker broker has allowed Dominic to withdraw $500,000 from them in two months without doing something to stall his trading. There are no legitimate ECN brokers that this robot works on. I know I have tried them all.Sometimes in life you have to hold your hands up and say "Hey I made a mistake" and move on.Failing to recognis...
ForexCT
in
Trading Systems
Jun 23, 2010 at 08:15
Nice trading!Do you offer managed accounts?
FX Robot
in
Trading Systems
Jun 22, 2010 at 06:53
If anyone has made £10k in two days with Dominic's EA please stand up now.ForexInvestGroup, I'd be happy to get involved in a project to try and get an arbitrage system that actually works on a live account and not some hacked MT4 server.Dominic, you've made half a million dollars in two months and you won't give people refunds when they can't get the EA to work, with the brokers you tell them to use?That says it all.
Super EA1 - OneCorpFX- Def w/ 50tp 20ts
in
Trading Systems
Jun 21, 2010 at 17:39
Nice, is this a commercial EA then?
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