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HAHAHA!!! |
-Happy to rewrite the mql4 to mql5 to save cubby money, allowing the testing of multiple currencies in strategy tester. Yes, fees in these type of systems are high given multiple positions are running for long periods of time over night. |
Lol who is trading this system live besides cubby? Better close your longs before you all blow up. |
![]() The only solution to this is to spread the strategy between more pairs. This can smooth the equity curve. |
I am running this system. started two days ago, on a 13k live account. and I am in 2k drawdown. hahaha I am also running it at a slightly higher leverage than cubbybbad |
There is no telling how low the GBPCAD will go but what I do know is the lower it goes, the more likely we are to have a bounce. This is somewhat normal DD for this system as of now. I say "somewhat" because this isn't your every day price movement. This is stemming from the brexit drama. I would give more updates today including a youtube video update but I have guests in my house till this weekend... I will hold my positions. |
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We are having a moment of higher DD. It will test the patience of those using my system. It will definitely scare off many traders for sure, but those that stay in, should know that DD much higher than this is not typical. We wait... P.S. I will not be responding to future FUD comments regarding this current DD. |
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What we need here is a true hedge ie sell and buy on same currency. Unfortunately the us guys aren’t allowed to hedge. What a shame. |
The AUDCAD and NZDCAD would not be helping if they were shorting right now... The NZDCAD is in 20 pips overall profit right now The AUDCAD is just -55 pips overall floating loss right now. In this case, they will likely help when the GBPCAD recovers some. |
The problem right now is trading a Pound cross right now with Brexit is very risky. Cheer Jeff |
I'm kinda glad this DD is happening so early in the releasing of my EA to the public. It will knock out the tire-kickers and also show me who to ignore in my thread here. |
1 Attachment(s) Just ignore those ppl talk regard bout dd . This EA are given for free , what do u aspect then ? Person who encode this EA are aware of it , just let the EA do the work then . i have backtesting this ea several time and come out with afew improvement . iam still new with mql4 coding but then iam manage to build an ea base on ur method . my ea work on 5 min and only trading from 9 - 23 which during new york and london season . this ea use volume data , engulf bar, rsi and BB band . this ea will trigger if volume have surpass certain level , engulf bar appear , rsi (OB/OS) , open or high touch upper/lower band then it will do the trade it pretty simple anyway . |
i am still holding this drawdown and letting it run. will keep you posted |
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25% DD isnt abnormal with this kind of EA,but if we pass 40% you are in troubble.For future use i would widen gridspace to some 30-40 pips on GCAD because GBP pairs are way the biggest movers against CAD,JPY and AUD,but for NZD/CAD and AUD/CAD should use 20 like settings are now....Just a tought....I think the situation are worse for you pepperstone guys started first trade some 50-70 pips before cubby,but luckily its just demos i hope.Have some faith guys. |
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