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Expert Advisor which can survive for more than a year!

  • #41
  • Dec 15, 2017 8:42am Dec 15, 2017 8:42am
So...I am open for suggesstions..please advise

A) DO not withdraw the money, Keep the same trading portfolio for one more week.
B) Withdraw the Principal investment and Keep the same trading portfolio for one more week.
C) DO not withdraw the money, Keep the same trading portfolio for till X-MAS.
  • #42
  • Dec 15, 2017 9:23am Dec 15, 2017 9:23am
Bomberding!

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  • #43
  • Dec 15, 2017 9:27am Dec 15, 2017 9:27am
Quoting rekon67
So...I am open for suggesstions..please advise A) DO not withdraw the money, Keep the same trading portfolio for one more week. B) Withdraw the Principal investment and Keep the same trading portfolio for one more week. C) DO not withdraw the money, Keep the same trading portfolio for till X-MAS.
Well - if your EA uses good MM, it would certainly be interesting to see how the account starts building. But hay - it's your money Show us how good your faith is in your work In the end I assume the EA is meant to run for at least a year right?

It looks pretty smooth so far - particularly if you think you have the DD thing under control....
  • #44
  • Dec 15, 2017 9:37am Dec 15, 2017 9:37am
Quoting Telac
{quote} Well - if your EA uses good MM, it would certainly be interesting to see how the account starts building. But hay - it's your money Show us how good your faith is in your work In the end I assume the EA is meant to run for at least a year right? It looks pretty nice so far - particularly if you think you have the DD think under control....
Nice comments.

To be honest, I would prefer the EA to run for more, although, it is not easy decision to leave it like this - you know neither you can trust the market nor a program which is claiming to make a fortune for part time traders like me.

We can still withdraw little from the account at regular interval - or we can adjust the portfolio accordingly - may be profit margin will come down if I do so. But the EA will still run.

It would be a lie if I say that this EA is going to win all market conditions - so like you I also need to wait and watch - a good account size (the way it is increasing the equity) is good for doing all R&Ds.

DD will happen if it goes below the principal amount the invested capital - I have added 12 instruments which are opening lots in between 0.01 to 0.10 - with 500:1 leaverage - this is high risk and load on equity - so I need to check more.
  • #45
  • Dec 15, 2017 9:51am Dec 15, 2017 9:51am
One snap from GBPAUD - EA has determined a horizontal channel between support and resistance, It determined the trend which looks bearish - and placing sells.

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  • #46
  • Dec 15, 2017 9:55am Dec 15, 2017 9:55am
For EURJPY - The Trend is becoming bullish, but the EA has made with trend entries only - next hour if trend continues to be bullish it will change its trade direction.

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  • #47
  • Dec 15, 2017 3:57pm Dec 15, 2017 3:57pm
It just traded the US session so aggressively!

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  • #48
  • Dec 15, 2017 4:00pm Dec 15, 2017 4:00pm
This Month's trading till date.

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  • #49
  • Dec 16, 2017 7:41am Dec 16, 2017 7:41am
B
  • #50
  • Dec 16, 2017 10:06am Dec 16, 2017 10:06am
Quoting chess king
B
How are you chess?
  • #51
  • Dec 16, 2017 10:10am Dec 16, 2017 10:10am
RekonX - up to date statstics

My fxbook Link
  • #52
  • Dec 17, 2017 12:37am Dec 17, 2017 12:37am
Here is the last problem on how EA should close losing positions?

Solving this would help the EA to survive for more days.

A) Fixed Stop Loss: In my opinion, having a fixed tight SL for open positions is just an advantage to your broker and other powerful players to see the stop loss and make benefit out of it. Therefore, Stop Loss needs to be very far may be 1000 pips so that your account can avoid any unexpected move, And after an unexpected move you can switch to plan B or C .. so on.

B) How you cut-off losing position: Calculate how much your account has grown in %, Then start cutting off the losing positions in 80/20 proportion. For an account grown 100% - start cutting off the losing positions which are equivalent to 10% of the Account.

Equation will be, A 500$ account is reached equity of 1000$, it has multiple losing positions, as soon as the equity is doubled - cutting off losing positions is activated. Then the program will check if one of the losing position is more than 100$ or not, if yes, then for $120 profit the program will close $100 losing position and will make $20 profit for the day.

Open for other suggesstions.
  • #53
  • Dec 17, 2017 8:43pm Dec 17, 2017 8:43pm
Its 1100!

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  • #54
  • Dec 19, 2017 8:16am Dec 19, 2017 8:16am
Crossed 1200 mark!

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  • #55
  • Dec 19, 2017 9:28am Dec 19, 2017 9:28am
Quoting rekon67
Here is the last problem on how EA should close losing positions? Solving this would help the EA to survive for more days. A) Fixed Stop Loss: In my opinion, having a fixed tight SL for open positions is just an advantage to your broker and other powerful players to see the stop loss and make benefit out of it. Therefore, Stop Loss needs to be very far may be 1000 pips so that your account can avoid any unexpected move, And after an unexpected move you can switch to plan B or C .. so on. B) How you cut-off losing position: Calculate how much your...

In the case of A you can always make a random false stop loss and a hidden real stop loss, however B sounds like a reasonable solution as well.
  • #56
  • Dec 19, 2017 9:36am Dec 19, 2017 9:36am
Trade Distribution Till Date

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  • #57
  • Dec 19, 2017 9:39am Dec 19, 2017 9:39am
Quoting Telac
{quote} In the case of A you can always make a random false stop loss and a hidden real stop loss, however B sounds like a reasonable solution as well.
Yes, I think it is easy to implement, the losing positions are main cause of equity drawdown. From the day one the EA should take care of the losing positions. I have tried few tricks before but not much success yet, seems this one will work.
  • #58
  • Dec 19, 2017 9:42am Dec 19, 2017 9:42am
The Risk - DD%

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  • #59
  • Dec 20, 2017 11:27am Dec 20, 2017 11:27am
Absolute Gain% > 150%

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  • #60
  • Dec 20, 2017 11:30am Dec 20, 2017 11:30am
I have worked on logic to implement cutting of losing positions when in profit. We'll know by tomorrow how it is working. For this implementation EA has not traded much.
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