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The Pequod - A Seafaring Adventure

  • #41
  • Nov 12, 2017 6:42pm Nov 12, 2017 6:42pm
Alright! Taking a leap here......first ever video uploaded. Man it's much more difficault than I originally anticipated It did run a few minutes past my 5 minute mark- so I think upping the mark to 7 minutes maybe ideal. All criticism is welcome! Hope you enjoy it!

Also attached are the two technical charts in the video

Inserted Video


Highlights:

  1. Central bankers talking this week are non-events
  2. USD PPI and CPI are the market movers
  3. Head and Shoulders strategy (4:30)
  4. Current EA status (6:30)

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  • #42
  • Nov 12, 2017 6:52pm Nov 12, 2017 6:52pm
Quoting moheid1
{quote} dear sir , would you please send link to download this smart EA? thanks alot best regards
Moheid1: thank you for your interest, I am flattered. Unfortunately I am not offering the EA for use other than myself. Please see the post here
  • #43
  • Nov 14, 2017 11:32am Nov 14, 2017 11:32am
Quoting Tradingwithw
Ahoy!! The Pequod v2.0 is officially uploaded to the server, linked to trade explorers and ready to brave the forex seas! v1.7 buy/sell will continue to run in my trade explorer for 2 more months, however I will not be managing it....so we'll just see how the EA can do on it's own. As for v2.0, it will be my mainsail for the next 90 days. I do have options that I'd like to upgrade, but overall I'm happy with what I've come up with to this point. After The Pequod v2.0 has run it's course, I will ascertain whether or not I want to take this...
hi ,
please send me link to download : Pequod v2.0

thanks
  • #44
  • Nov 14, 2017 6:46pm Nov 14, 2017 6:46pm
AHOY!

Live account added! I will be adding my Live account to this thread, and keeping the demo running for tests on other pairs. From now on- performance of the EA will be judged by the live account only.



Note: the two first trades were opened and closed in quick succession so I can populate all the info through myfxbook and trade explorer quicker.
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  • #45
  • Nov 20, 2017 9:50am Nov 20, 2017 9:50am
Jeez Louise! First week of the Live account and already almost +20%.....that's 4x my monthly goal and 2/3 the yearly goal. I did have a hunch I should start it early- and it's paying off. That being said, I've closed the +5% to lock in the monthly goal, and the rest I will let run as originally planned.

Second video and weekly fundamental/technical forecast is up - I've posted this in the EUR thread, if you'd like to see it click the link

Essentially- I plan this week to chop, perhaps even break the lows. Short is the name of the game this week unless I reach the blue line in the attached charts.

Another update- next week I will remove the EURUSD pair from the Demo account, and start testing another pair. The new pair will run for 3 months before being considered for the live account.
  • #46
  • Nov 22, 2017 7:02am Nov 22, 2017 7:02am
Issue solved on the EA, it was no the broker. Unfortunately to make any sense of it I had to close several trades, for that reason I've opened several more to "make even"
  • #47
  • Nov 22, 2017 8:02am Nov 22, 2017 8:02am
Quoting Tradingwithw
Issue solved on the EA, it was no the broker. Unfortunately to make any sense of it I had to close several trades, for that reason I've opened several more to "make even"
any chance i can play with your toy pleeease?
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #48
  • Nov 23, 2017 11:21am Nov 23, 2017 11:21am
As I've indicated earlier, I've pulled down the EURUSD on the Demo account only. I will likely be loading the USDJPY onto it this weekend, after 30 days if I am pleased with the performance I will add it to the Live! account.

Live! account will continue to run EURUSD.
  • #49
  • Nov 27, 2017 12:05am Nov 27, 2017 12:05am
Ugh- The Pequod took a hammering this last week. I had to close some trades in order to chase down some bugs, then added back those trades at less than desirable locations. All in all, everything evened out- but it did mess up my TE statistics a bit. Oh well...

Regardless the EA is within acceptable standards of +2.5% in a week.
  • #50
  • Edited 5:47pm Nov 28, 2017 6:36am | Edited 5:47pm
Added another TE I'm labeling "Lottery". The goal is to reach +10,000% which would be $12,120. I'm basing these trades on high probability trades that "The Pequod" takes. Essentially instead of buying lottery tickets, I'll throw $100 in this account and see how far I can take it. That being said, I will not be updating progress of this TE in this thread- as this thread is meant for the EA's progress only.
  • #51
  • Nov 29, 2017 8:53am Nov 29, 2017 8:53am
Quoting Tradingwithw
As I've indicated earlier, I've pulled down the EURUSD on the Demo account only. I will likely be loading the USDJPY onto it this weekend, after 30 days if I am pleased with the performance I will add it to the Live! account. Live! account will continue to run EURUSD.
UJ up and running in the Demo account
  • #52
  • Dec 6, 2017 10:32pm Dec 6, 2017 10:32pm
Quoting Tradingwithw
{quote} UJ up and running in the Demo account
I'm switching the DEMO to start showing only the UJ trades now, so it will be utilizing a custom start. For transparency I have no problem showing the full account history, just ask. Since this is a testing account, and I'm currently testing UJ for a period of 90 days- then I've restarted the date to show only the UJ trades.

Obviously with my live accounts I'd never use a custom start date
  • #53
  • Dec 7, 2017 11:37am Dec 7, 2017 11:37am
Well that's awkward, my EA triggered both a buy and sell at the same price (one H4 and one M15)....guess we'll see who wins

Perhaps I can even learn something from it...
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  • #54
  • Dec 11, 2017 7:33am Dec 11, 2017 7:33am
Only two weeks into the UJ testing phase....doesnt look too promising in my opinion. There's still 10 weeks to go so we will see....so far it's more or less break even

EU is doing well....im a bit disappointed in the 14% draw down on the live account compared to the 10% in the demo. This was due to the bug in the live account I've since fixed....still it's annoying
  • #55
  • Dec 11, 2017 7:34am Dec 11, 2017 7:34am
Lottery account has doubled
  • #56
  • Edited 1:53pm Dec 20, 2017 1:39pm | Edited 1:53pm
Some large changes coming to The Pequod....

I've had to remind myself that this is a live testing account, so that there is still room for failure and improvement...after all the whole system has only been tested for 4 months total at this point (3 months of that being demo).

List of changes:

 

  1. One of those will be completely deleting the M15 trades which despite trading frequently has lead to no additional gains in the account. Essentially the m15 trades have broken even...which is the definition of churning and only serves to reduce the account balance via commission costs.
  2. Another change will be the way the H4 is handled. Now that the H4 will be the smallest time frame traded, I am going to change the algorithm to pick up signals more often, therefor trade more often. To compare the theoretical gain or loss on the H4, I'll be running the strategy tester with the new algo to determine if there are more gains to be had. If YES, then I'll post the results here, as well as implement the new algo into the live! account...forgoing the 3 month demo.
  3. I will be implementing more restrictions regarding manual trading of the account. The latest losses have all been attributed to manual trading, when I've tried to correct trades that I believe should have been seen by the algo, or instances when the algo malfunctioned, and I manually added trades in bad locations to try and make up for the lot sizes (this happened when the algo was closing more in-profit lots than it was supposed to).
  4. I will be opening a new "lottery" account, that will follow the algo on the daily time-frame. The current lottery account (The Pequod Maxx!) has been blown via manual trading and insufficient lot sizing. The manual trading lead to the wrong trades being taken at the wrong times, separate from when The Pequod Live! account took trades. This will be fixed by linking the two accounts and implementing the new rules from both #2 and #3.

Speaking of demo, the UJ demo has thus far has broken even after the first 20 days. Everything should be up and running by Monday.

  • #57
  • Edited Dec 21, 2017 9:59am Dec 20, 2017 9:28pm | Edited Dec 21, 2017 9:59am
Quoting Tradingwithw
Some large changes coming to The Pequod.... I've had to remind myself that this is a live testing account, so that there is still room for failure and improvement...after all the whole system has only been tested for 4 months total at this point (3 months of that being demo). List of changes: One of those will be completely deleting the M15 trades which despite trading frequently has lead to no additional gains in the account. Essentially the m15 trades have broken even...which is the definition of churning and only serves to reduce the account...
Alright- update, I've updated the H4, deleted the M15 and added the Monthly. This will significantly reduce the number of trades, but that should also increase the profitability and allow me to catch the fundamental flows more accurately.

These changes will effect the Demo account as well. I will not restart the 90 day timer.

Manual trading restrictions have been added for all accounts.

Lottery account will be implemented over the weekend while the market is closed.
  • #58
  • Dec 20, 2017 10:21pm Dec 20, 2017 10:21pm
Quoting Tradingwithw
{quote} Alright- update, I've deleted H4, M15 and added the Monthly. This will significantly reduce the number of trades, but that should also increase the profitability and allow me to catch the fundamental flows more accurately. Unfortunately my idea of changing the H4 algo did not work out. I've noticed that across all pairs the Daily produced profits more than the other time frames, so that will be my minimum time frame. These changes will effect the Demo account as well- H4 and M15 have been deleted. I will not restart the 90 day timer. Manual...
SO WHAT NEXT ????????
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #59
  • Jan 8, 2018 5:44pm Jan 8, 2018 5:44pm
Hey hey hey!

Sorry I've been away, I'm having the house remodeled to wire cat6a and upgrading my server room. The Pequod is temporarily down, however; I am still trading it manually.

The youtube/video room is being redone as well. So those videos will be coming soon. Going to be posting the updates here as they come.

Currently longs pending
  • #60
  • Jan 11, 2018 5:26pm Jan 11, 2018 5:26pm
Ok, looks like I should be able to get the server up and running this weekend, and the youtube room!

In other news, The Pequod Demo has turned a huge 10% profit already this year, which is very interesting considering the fact that I thought the UJ pair wouldn't perform well. The first 30 days where pretty grim....but as usual, one runner has more than doubled any loss over the course of ~20+ trades.

The Pequod Live! has taken a short on EJ for the time being, on a monthly pattern I've recognized. Currently holding out for an EU pattern long as well.

In other news, I bought some crypto- 2000 XRP, and 8 LTC; the XRP has the same pattern my algo trades, but I plan to hold these for +10 years anyway
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