leo23's Posts - Page 17

Artificial General Intelligence V.7.0 in Trading Systems Feb 23, 2019 at 09:47

We want to update our existing fund management clients that we are resuming trading for high risk accounts from Monday instead of Tuesday.However, since there was a major loss last time and hence, until the recovery of the loss doesn't happen we will continue to use relatively lower risk % per trade as compared to actual risk % per trade and after the complete recovery of loss happens, we will restore it back to actual high risk.

Artificial General Intelligence V.7.0 in Trading Systems Feb 21, 2019 at 15:48

Drawdown % is subjective to each individual trader based on various things like which type of trading system someone uses and what is the monthly % return someone is getting and what is the account balance someone is trading etc.So there is no specific % drawdown as high or low. For someone even if 1% DD may be very high if he is trading with a few million dollar account balance where as someone else might allow 50% or 80% DD in his account balance if he is trading with few hundred dollars and getting excellent returns out that. Because the lower the maximum DD is lower will be the monthly % r...

Artificial General Intelligence V.7.0 in Trading Systems Feb 20, 2019 at 18:30

We want to update all that we have stopped accepting any new clients for fund management. However, the trading will be continued normal for our existing clients.Since the main reason for our algo "Final Holy Grail" was for fund management and we have stopped accepting new clients and hence, we didn't find any reason to make the live accounts public . So we have made all live accounts for "Final Holy Grail" private.Also, by keeping the live accounts public and offering fund management service, we noticed that it is just bringing additional risk to our algo and there are ...

Artificial General Intelligence V.7.0 in Trading Systems Feb 19, 2019 at 15:40

So far the conservative settings for our algo "Final Holy Grail" is running okay. The trades per day are relatively less, however, even during very low liquid markets it is still able to manage itself and generate some profit or closing in breakeven.So we want to update all our fund management clients that we may resume the trading in the high risk accounts either from Thursday this week or from Tuesday next week. We are doing some upgrades in our servers running the mt4 accounts and hence, we have to see whether we will resume trading in the additional high risk accounts this week o...

Artificial General Intelligence V.7.0 in Trading Systems Feb 17, 2019 at 13:38

Trading has been already resumed in all of our clients account running under low risk and medium risk mode last week using conservative settings. But we have not updated any accounts in myfxbook since the testing is not over.We need few more days before we resume trading in high risk accounts. Because there is no 100% guarantee in forex trading and anything can happen. Hence, we don't want to jump in directly in all accounts since the high risk accounts can make aggressive profits as well as make aggressive losses and they have already lost quite a big amount last time and we don't wan...

Artificial General Intelligence V.7.0 in Trading Systems Feb 17, 2019 at 10:39

We have decided to continue with the conservative version of our algo named "Final Holy Grail V.1.2" and hence, we have stopped our previous aggressive version of algo "Final Holy Grail V.1.1" due to high risk involved. It is not suitable for large account balances. So we may continue to test it in small accounts.Also, for now all our fund management clients accounts have been using the trades from "Final Holy Grail V.1.2". So if everything goes well, then this will continue to update and within few days or weeks we might start updating our remaining live accounts...

Artificial General Intelligence V.7.0 in Trading Systems Feb 15, 2019 at 15:46

This week was closed with average profits for our algo "Final Holy Grail" in our live accounts. For now we are updating only the conservative version of the algo "Final Holy Grail V.1.2".If everything goes as per expectation, then by end of next week we might start updating all our existing live accounts and also, more live accounts might be added to our profile. Also, we may start few more high risk accounts.The key advantages of this algo "Final Holy Grail" are as follows:1.It places at least 20 to 50 trades per day depending on settings. So it is not about just...

Artificial General Intelligence V.7.0 in Trading Systems Feb 14, 2019 at 15:30

Now we are almost done with our testing with our new settings. So most of our live accounts will be back and will start updating shortly within next few days or weeks.Also, we have added one more live account for the conservative settings with name "Final Holy Grail V.1.2". This set up is more conservative and number of trades per day will be less. Simultaneously daily profits and losses might be less also.Till now we are not updating our existing live accounts, because though there is no 100% guarantee about the future performance, however, we want to be 99% sure that such scenarios...

Artificial General Intelligence V.7.0 in Trading Systems Feb 12, 2019 at 16:06

We want to update all our fund management clients that we have resumed trading in some of the clients live accounts today. Remaining accounts will be resumed shortly after few days. Mainly we have resumed low risk and medium risk accounts and high risk accounts trading will be resumed later since we have done some changes in the trading style and hence, we need to monitor few more days before using it in high risk modes.After the last major loss we are taking high precautions to avoid such scenarios in future. Though practically it is impossible to completely avoid such scenarios of large draw...

Final Holy Grail V.1.1 in Trading Systems Feb 10, 2019 at 19:04

As we have mentioned in our other system threads, right now we are doing some settings adjustment with the current system after the recent loss occurred in order to reduce the frequency of such scenarios to occur in future and to bring a perfect balance between average daily profit compared to the average daily loss and to continue the performance exactly the way it has been from the beginning of this account.Hence, we have manually stopped updating the trading results of this accounts and all accounts related to this system since whatever results achieved during the testing period doesn't...

Artificial General Intelligence V.7.0 in Trading Systems Feb 08, 2019 at 16:52

Unfortunately, this week was closed with a net loss for our algo "Final Holy Grail". However, this is not the end.This is just the beginning of the algo "Final Holy Grail" and as we mentioned in our previous posts we will continue trading with it for ever even though there might be some ups and downs in the trading performance in few accounts sometimes. Because this algo has a huge potential of making massive profits within a couple of months with minimum risk and maximum consistency in performance. Most importantly it is a never failing algo that is why we call it "Fi...

Artificial General Intelligence V.7.0 in Trading Systems Feb 07, 2019 at 16:25

Following up with our previous updates, we want to update all who are following our systems that currently we are testing with a minor adjustment in our settings for our system "Final Holy Grail" which is being run in our live accounts. The main purpose of our system was to make it work 100% automated under all market conditions without any manual intervention from our end since the system is highly complicated by itself. That is the main reason why we named the system as "Final Holy Grail" and it is not because it can't loose. It is perfectly fine for us if it will loo...

Artificial General Intelligence V.7.0 in Trading Systems Feb 06, 2019 at 14:40

Usually, the daily losses are recovered within few days except for equity protection hit, because the average daily loss is almost same as average daily profits during ideal markets the way we have been trading for last couple of weeks. So the loss of 2 to 3 days can be recovered with a profit of 5 to 8 trading days normally.However, this week the actual drawdown has exceeded our expected and previously calculated drawdown and hence, we had to force close all trades manually and we have temporarily stopped trading in most of our clients accounts.Since there is already a major loss occurred and...

Artificial General Intelligence V.7.0 in Trading Systems Feb 04, 2019 at 18:05

Following our previous post finally we had to close the trades in our live accounts with a minimal loss. We can't allow it to hit the equity protection in order to close everyday in profit. But the best part is that all the trades were closed by the algo itself without any manual intervention from us.So those traders following our live accounts should understand this clearly that the system can produce a net loss occasionally in few days though it can produce profit almost 90% of the days. If it can give 10% profit in a day, then it can give -10% loss in a day as well which is common and c...

Final Holy Grail V.1.1 in Trading Systems Feb 03, 2019 at 12:48

As we mentioned in our previous posts we might publish a high risk account next week. However, since we have some pending open trades in our master account and hence, we need to wait till all trades are closed before we start the new account.Also, we noticed an important thing in good brokers like IC markets and Axitrader is that the results are extremely good on daily basis as compared to this Forex4you account. So in a small or medium risk account with smaller equity protection of 10% or 20%, even if the equity protection will be hit still it can be recovered in less than 1 to 2 weeks and it...

Artificial General Intelligence V.7.0 in Trading Systems Feb 01, 2019 at 17:24

In our system "Final Holy Grail V.1.1" usually the trades are not hold over weekend, however, this week is an exception. Till now the floating loss is relatively high and hence, we want to update our fund management clients that the trades might continue to hold over weekend.We don't want to manually close trades in loss and hence, we will allow the system to close the trades by itself with minimal loss. Since there is no guarantee on open market price on Monday and hence, actual final loss might be more or less than the current floating loss. But there is nothing to worry since ...

Final Holy Grail V.1.1 in Trading Systems Jan 31, 2019 at 17:50

So finally this account has crossed 100% profit and it is important for the medium risk set up to get a confirmation. As we mentioned before this account uses a 50% equity protection and hence, for a 50% equity protection hit, it requires a profit of 100% for recovery. So we have finally crossed 100% and now even if the equity protection will be hit in future still it can't loose the main capital. So in the past 3 weeks of trading the worst kind of drawdown what it gave was around 20% to 25% during Brexit vote. But the account survived during that time and after that we never faced the dr...

Final Holy Grail V.1.1 in Trading Systems Jan 30, 2019 at 15:25

As we promised in our previous threads and posts we have added few more live accounts with different risk set ups. So we have received a lot of emails regarding the difference between the accounts and their trading results. This is very difficult and very long to explain to a normal trader and so we will explain it in multiple posts.First of all, all the accounts which use the first name "Final Holy Grail" use the same trading system and in fact, we directly copy the same trades to all the accounts from one of our master account where our algo is running. But in each account we have ...

Artificial General Intelligence V.7.0 in Trading Systems Jan 29, 2019 at 15:58

For those traders who are following this system we want update that we have added additional live accounts for our trading system "Final Holy Grail V.1.1" with various risk set ups as promised in our previous posts.Please visit our myfxbook profile to access the accounts and also, read the system discussion for details about the risk set up. If need more details, then you can contact our support emails.

Final Holy Grail L1 in Trading Systems Jan 29, 2019 at 15:48

This is the same trading system "Final Holy Grail V.1.1" with low risk using a maximum DD of 20% and hence, we have named it as "Final Holy Grail L1 ".This is probably the only risk set up which we will continue for long time, because in this set up though the profit % are low, but there is a 99% chance that the equity protection will not be hit with 1% exceptions like flash crash events. So the equity protection can be used as 20%,30%,40%,...up to 70% if the account leverage is high and still it can be traded safely with high return since there is very very low probability...

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Posts by leo23