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The Pequod - A Seafaring Adventure

  • #61
  • Feb 14, 2018 8:49am Feb 14, 2018 8:49am
Oh man- so much to update! It's been over a month! Sorry for being MIA.

First of all, lets update the Demo....10 more days until I add UJ to the live account. The demo has performed extremely well so far (up 37%) and can be viewed in myfxbook. Do not forget, the TE you see in Forex Factory is set to custom, so I can track the UJ trades only.+12.81% in 3 months! That's good enough for the Live! account. Now....what pair should I add next?? Note: I just noticed the demo TE isn't syncing anymore...but myfxbook is. I'll try and repair that this evening.

Now for the LIVE account.....well, not all sunshine and roses. Unfortunately during my remodeling the server went dark for some time. The account isn't blown, actually it's in profit....BUT it did suffer a drawdown of -50%...and that is completely unacceptable! Like I said, it's fully recovered but for the purposes of this account I will not allow that kind of draw down. So...how have I fixed this??

  1. I've added commands to the EA that will save all information in case the server goes dark.
  2. I've added a back-up server off-site that I can boot the EA/MT4 from in case of server failure on my side
  3. Modified the leverage parameters

The live account can still be seen in myfxbook (proof it isn't blown), however; due to the unacceptable draw down and the new implementations....I believe it's time for a new live version 2.0.

  • #62
  • Feb 14, 2018 8:51am Feb 14, 2018 8:51am
I am also going to attempt to use twitter, steemit, and tradingview more....we'll see how that goes.
  • #63
  • Feb 14, 2018 5:01pm Feb 14, 2018 5:01pm
Update to the above post....the Demo TE seems to have bugged out and refuses to connect to my broker. No worries, I've just created a new TE that links to the same account that was there before....seems to be working. The myfxbook link has never stopped working fyi.
  • #64
  • Feb 23, 2018 7:08pm Feb 23, 2018 7:08pm
USDJPY passing the 90 day demo test with a whopping 13.7% gain! Gonna do some tweaking this weekend and add it to the live account starting Monday!

Demo account thus far showing a 6 month proof of concept almost 40%! What pair is next???
Attached Image (click to enlarge)
Click to Enlarge Name: jpy.png Size: 45 KB
  • #65
  • Edited 8:15pm Feb 25, 2018 7:58pm | Edited 8:15pm
Next one up for The Pequod Demo is EURJPY. Backtesting showed an outstanding 20% gain over 1 year....lets goooo

as always, I'll be resetting the TE to only show the next 90 days starting from the first day an EJ trade is taken. The full account can be seen at myfxbook.
  • #66
  • Mar 4, 2018 2:25pm Mar 4, 2018 2:25pm
Quoting Tradingwithw
Oh man- so much to update! It's been over a month! Sorry for being MIA. First of all, lets update the Demo....10 more days until I add UJ to the live account. The demo has performed extremely well so far (up 37%) and can be viewed in myfxbook. Do not forget, the TE you see in Forex Factory is set to custom, so I can track the UJ trades only.+12.81% in 3 months! That's good enough for the Live! account. Now....what pair should I add next?? Note: I just noticed the demo TE isn't syncing anymore...but myfxbook is. I'll try and repair that this evening....
Live 2.o is up and running using EU and UJ.
  • #67
  • Mar 6, 2018 8:47am Mar 6, 2018 8:47am
Quoting Tradingwithw
Next one up for The Pequod Demo is EURJPY. Backtesting showed an outstanding 20% gain over 1 year....lets goooo as always, I'll be resetting the TE to only show the next 90 days starting from the first day an EJ trade is taken. The full account can be seen at myfxbook.
first EJ trade of the demo account has been taken (and partially closed for a profit ), therefor I'm starting the next 90 days of testing from March 1 2018
  • #68
  • Mar 8, 2018 8:45am Mar 8, 2018 8:45am
Quoting Tradingwithw
I've closed all trades and officially flat for tomorrow. I suspect Dollar will be sold off across the board starting with London opening. Gary Cohen resigning is huge, Gary was Trump's go-to butt buddy and one of his largest and most vocal backers. Seems there is a lot of things shifting behind the scenes leading to instability. Two things you don't want unstable....the banks and the government.
Ok- as expected dollar was sold (and equities) due to Cohen news. Now that the markets have calmed down I've reentered my short, with the stop above the tweezer top on the daily. I posted the trade a week beforehand in tradingview, neat little platform that allows you to follow the trades progress using a live chart. As I said before- going to start posting there more. Would like to roll in some other platforms too....twitter, steemit, etc
https://www.tradingview.com/chart/EU...HM-EU-H4-sell/
Attached Image (click to enlarge)
Click to Enlarge Name: tradingview.png Size: 99 KB
  • #69
  • Mar 8, 2018 10:45am Mar 8, 2018 10:45am
+50 right after posting
  • #70
  • Mar 19, 2018 11:23am Mar 19, 2018 11:23am
these EJ swings in the demo are nuts!
  • #71
  • Mar 20, 2018 2:19pm Mar 20, 2018 2:19pm
Here's to the demo surviving 7.5 months with a +50% gain! Looking forward to seeing the same from the Live account!
  • #72
  • Apr 18, 2018 3:27pm Apr 18, 2018 3:27pm
watching this one....

Potential EU long that The Pequod has spotted. So far this month has been a little rough on The Pequod....ranging is a bitch. Just need to catch one break out and she'll be back in business. The demo account if flourishing with EJ...which means the live account would be up if I added EJ already. Unfortunately we still have 2 months to go before I'll release EJ onto the Live! account.

Now that I have the accounts dialed in I'll start posting potential trades on here, and on tradingview.

Keep is simple folks.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 65 KB
  • #73
  • Apr 20, 2018 8:56am Apr 20, 2018 8:56am
Quoting Tradingwithw
watching this one.... Potential EU long that The Pequod has spotted. So far this month has been a little rough on The Pequod....ranging is a bitch. Just need to catch one break out and she'll be back in business. The demo account if flourishing with EJ...which means the live account would be up if I added EJ already. Unfortunately we still have 2 months to go before I'll release EJ onto the Live! account. Now that I have the accounts dialed in I'll start posting potential trades on here, and on tradingview. Keep is simple folks. {image}
Stop was hit, looks like price is heading down to the bottom line of the triangle. I'll be interested to see Monday's PMI numbers....may be just in time to provide a little bounce. I wont be trading it unless The Pequod has a setup...
  • #74
  • Edited 8:17am May 9, 2018 7:54am | Edited 8:17am
One more month left on the EJ demo!
  • #75
  • May 29, 2018 8:39am May 29, 2018 8:39am
Just nailed a huge oil trade

EJ is kicking ass on the demo account! I'll be adding it to the Live! account this weekend! A Stunning +22% in the last 90 days! I wish I would have added it to the Live! account sooner, as I wouldn't have suffered so much draw down via UJ and EU,...but that's ok, I must follow the rules!

The rules are that each pair gets 90 days to prove itself....only THEN will it be added to the Live! account.

Also of not- the server was down for about a week.
  • #76
  • May 31, 2018 12:02pm May 31, 2018 12:02pm
Also, on the live account. A single trade netted ~40% with Oil. It's been suffering through a bit of a drought for sure....so it's nice to see a single trade negate over 7 weeks of losses. Another important note....as far as I'm concerned this is a stress test for the EA! 7 weeks of losses and still draw down is minimal and manageable
  • #77
  • Jun 1, 2018 9:54am Jun 1, 2018 9:54am
Quoting Tradingwithw
Just nailed a huge oil trade EJ is kicking ass on the demo account! I'll be adding it to the Live! account this weekend! A Stunning +22% in the last 90 days! I wish I would have added it to the Live! account sooner, as I wouldn't have suffered so much draw down via UJ and EU,...but that's ok, I must follow the rules! The rules are that each pair gets 90 days to prove itself....only THEN will it be added to the Live! account. Also of not- the server was down for about a week.
Alright, official results are in! EJ absolutely killed it! It will make a lovely addition to the live! account. I've included a snapshot of the results, as always the account is fully viewable to the public so play around

Mar 1 - June 1
Profit Factor: 2.44
Return: 22.5%
Max return run up: 22.5%
Max return draw down: -4.9%
Win Rate: 76.9%

Now the question is....what pair should I try next? UC? AU? GU??
Attached Image (click to enlarge)
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  • #78
  • Last Post: Jun 14, 2018 8:41am Jun 14, 2018 8:41am
Live account missed a 100 pip trade on UJ by .9 pips (the spread)....annoying
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