Lost Sock Evolution - Automated

Check available leverage.
If less than 500:1, probably not going to see a lot of trades.

And...probably not going to be that successful with any of my M1 logic.

Hey Chris, welcome to FF.

A lot of people SHOULD BE reluctant to enter into the Forex Arena...but that doesn't really stop them.

As of the last statistics I've seen, there are nearly 2000 new Forex Accounts PER DAY...I would guess that there are probably as many that crash and burn on the same days as well...

I do agree that $500 DD on a $500 investment leaves a lot to be desired...but that doesn't mean that these cannot be employed on a $500 account.

Risk can be minimalized by trade pair and by leaving the default settings, Most specifically - Type Lot - Fixed.

I would hazard a guess that on some of the limited range pairs, this wouldn't give fast growth, but would give you a better return than what the banks give in a savings account...


That being said, it is recommended to have at least $500/pair and a minimum of $2k in the account and stick to the Magic 7 pairs.

If you check out my TE on Evolution - HERE - it shows that given this as an account start size and increasing the lots proportionally to the Margin hasn't run into the "pant shitting, dear Gawd, what have I done" levels...though...50% on this account has been a given risk area.

Welcome to the thread, dude.

Feel free to add a TE, I keep all of our current thread testers on the first post...will get this up to date over the weekend.

The more data - Pairs and Brokers - the more successful we can be as a group.

\m/

Your reasoning is sound, thank you for the warm welcome!
I've been testing Hybrid NN for a few days now, however haven't really paid attention to the pairs.

Will take this valuable information into account and apply.

As you can see from my trade explorers on Hybrid:
HERE
&&
HERE
These projects are still in the works.

Difference?

Well...there is 2 different logics for triggering but all based on the same movements(ish)...

Where Hybrid is a little more aggressive in the primary triggering, Hybrid ET has an additional triggering methodology that plays a little more like Revolution.

What does this mean?

Well...it's like this...

Evolution has been trading for about 9 months. No...not the one in thread, the trade methodology. And...for the most part, greatly successful in its path. There have been some modifications and I have changed out the core of the EA to give it a better fighting shot, but ultimately, 9 months without blowing up an account and the current version is doing a lot better than all other predecessors.

The reason for this is that instead of waiting for the sum total of all trades to be greater than the minimum profit range, it looks for a summ of the best and the absolute worst trade to be in a minimum profit area and then will close out these out, leaving some stragglers behind. In working with this, it has allowed for a lot more trades and trade sets to be closed and has increased the profitability on the same pairs dramatically. Where the original version doubled a $3k account over 6 months, the current version has done this in less than half of this time.

Next...let's move over to Revolution NN.

This motherfucker is a little slower at taking trades and a lot less profitable. Due to the NN logic, it is only trading BACK towards a homeostatic median...not trading the actual trend. In addition to this, there is another trigger that helps fill the open space in direction of the losers to make cost averaging a little more effective.

Here is a screenshot of an M15 chart on Evolution - It's trading on the M1, but the screenshot of an M15 chart shows the full range of trades for Cable.


There is over 200 pips from current to the top of the trade chart.
That's a lot of bone to make up...but given that we whittle away at this and when there is a chart turn, we get a cluster of trades, these have been mostly and effectively traded out...over the last 100ish days...there is no reason for me to assume that this will change now...

Evolution was coded to help minimize buying tops and selling bottoms...but guess what?
The market sometimes has an idea of its own and we are left with an account that can amass a large amount of DD, especially when traded on multiple pairs.

Revolution was coded so that we could eliminate some of this drag by being a little more conservative on triggering and to help eliminate the use of the TDI + CG indicator...it's not a terrible indicator, just has too much drag.

NN was dropped in place so that instead of trying to figure out where overbought and oversold were...we would only trade back to median and fingers crossed...never end up with this pile of shit...

SO FAR...NN is kicking ass in this department.

BUT!!

The problem with Evolution, Revolution and NN is that they whittle away the range of profitability.

In taking the M1 and the large retracements to the Homeostatic median, there isn't a lot of meat left on the bone.

When removing some of the filterings, taking the better ideas of both of these and dropping them into a single trading logic...I still needed to use 2 different versions. This is to:
1. Have only the cost averaging and triggering logic of Evolution, without the TMI + CG, like in Revolution
2. To Extend the Range of profitability by extending the exit triggering
3. To have 2 versions - one that operates ONLY like Evolution on the backside and the second to have an additional triggering like Revolution.
to
4. Test to see which is the actual better mousetrap.

In all of this, I could still actually code in 2 more versions and may still do this, but will see how these motherfuckers run and work from there. Core is in place so either changing or creating an additional trader isn't that big of deal.

NOW...

On to your question...
lol

YES...there is some range that's created by these and maybe more on some than others.
Revolution, with the Summ Start is trading the same pairs as you are...the NZDs, but is more refined in it's ranges...will these work out the same as Revolution??
Dunno...

Evolution as with most of my trading, works on my Magic 7 pairs.

Does better on some than others...but for the most part, I believe this boils down to the actual Sessions!

My market theory is that ALL areas of the chart will be covered by BOTH relevant trade pair sessions - if they are major traders.
AUDs, not always the same, but AUDUSD falls into the USD Session and has an impact on movement for GBPAUD and EURAUD, as well as London Session will move this back to range by strength or weakness of the GBP pair...EURAUD, well...fuck them...they go along for the ride.

Have a look at a session chart:


The boxes are only London Session.
If you pay attention to these, you will see that for the Most Part...London ALWAYS covers open to close - DAY TO DAY - and leaves no GAP unfilled. It's sometimes an Eventually, but typically works out to be within a MAX 5 days.

Without this...it's like the "Market Gap" from Friday Close to Monday Open.
GAP ALWAYS FILLS!
Well...Almost Always...

Fills to Lows or Fills to Close - 99% of the time, fills back to London Close Price.
(Watch for the AREA IN GREEN on my GBPUSD Chart)

So...what about the NZD Pairs?

I HAVE NO FUCKING CLUE...

I mean, I have them added to my Revolution account, but never pay attention to it, so really...your guess is as good as mine.

Given the logic being employed, if they are Summ Start, there's a good likelihood that it will backfill enough to close them out - Like Revolution.
(Best Guess)

TL;DR Version...

Stick with the Magic 7
Work along with Revolution and Hybrid

Let's see where these motherfuckers go!

Pro-Tip...

Watch for the GBP backfills next week.

Could be a bumpy ride, but if traded right, you should make out like a motherfucking BANDIT!

Hybrid - Week 1.

Having a look at the stats, so far, looks promising.

This could definitely change as time goes on...but here are some of the things I am looking at.

Profit Factor:
10.34 - Never seen this on any previous version.
Where Gross Gain is 10x greater than the losses...pretty fucking incredible!!
Might have been a fluke, but we'll see more how these play out in days to come.

Average Trade Pips:
This too is most likely subject to change. Prior to the GBP spike, this was hovering around the 8.5 pip range. This is a definite increase over the 5.x(ish) pips of Evolution and Revolution, so even if this throttles back some, we still see an increase in profitability of 60(ish)% over previous versions.

Win Rate:
90.6%...well...in the early days of Ev and Rev, the win rate is higher. As we move along, there are bound to be some good days and bad days that shorten this back into the 82% win rate...hopefully??

Overall...a Stellar Week for Hybrid...but it's only 1 week.

Could be a FLUKE!
Could be a sign of some pretty fucking incredible things to come!

Dunno...exciting though!!

Revolution vs Hybrid.

Now...this is a little interesting...

Revolution, trading 19 pairs and with a summ start lot - Net profit on the week $180 vs Hybrid, trading the Magic 7 of $159.

Revolution, 254 entries...closing off some from the previous week, closing a total of 268.
Hybrid, 137 entries...only closing 128 - Week one, no carry overs from last week.

Lots Traded:
Revolution 8.29!!
Hybrid only 1.28...

That's a pretty fucking substantial difference in trading and risk, for the difference of $21 profit.

Now...

Revolution is only holding $4 in DD, while Hybrid is at $47...but STILL!!

WOW!

Here's what I am not so fond of...


Negative pip value!

What this means, if you are still increasing equity, is that you are doing it at an increased rate of risk.

True to be said, I have blown up a lot of accounts both live and demo, this is the typical sign of an eventual account bust.

In a lot of the Grid Strategies you will find, it works out to be an all-out Negative Value to see the Equity increase. This gets scary and Fast!

Yeah...these accounts are playdough...but I still run this shit live, meaning, I analyze the fuck out of everything now before it ever hits my hard earned money.

Revolution has gone back over the last few days, but the overall value of return is still in line with the pip increase. Meaning...that although we slid a little this week, the methodology of the trading behind this is still actually fairly solid.

Check it:


Return in blue, Pips in yellow...

It's only over the last week(ish) that the methodology of the EA has failed, where the profitability has still been gaining...meaning, we have 2 things in place.

1. A solid trade strategy to allow consistent profitability.
2. A solid cost averaging strategy - when Sum Start or an Incremental Value is added - to allow the EA to work itself out of tight corners.

If is either one or the other, this can show an equity slope that goes top left to bottom right, instead of the current.

Just figured it'd be worth mentioning...really, a lot of this shit is stuff I see and say when analyzing my own trading.

Repetition is the mother of knowledge and well...I can use all of the help I can get.

Hi Magix,

I was thinking of using your EAs but I would like to know which Forex VPS are good to use? I'm only gonna use one or two MT4 platforms. nothing special.

please let me know. Thanks!

Hey Rogelio,

I have no idea who has a decent VPS these days...for a platform or 2, there are probably a lot of great providers.

I'm currently working through the process of a setting up a custom solution.

Sorry...can't really help out in these regards.

Thanks for the detailed explanation.

So am I right in assuming that your Magic 7 pairs are E/U, G/U, A/U, E/J, G/J, G/A, E/A ...?

Correct.

Now...in saying this, it doesn't mean that other pairs may not do as well.

If you test other pairs, which isn't a terrible idea, you may want to take this same approach -> HERE

There is something to be said for diversification and profitability, but it requires some testing and drilling down into more specifics.

The simple idea that these all left at default working on all pairs, when all pairs do not exactly move in the same ranges or have the same economic impact, wouldn't really be a fair and true test. Application of the ideas can pass, where the profitability if suitably modified, could produce a lot better results.

Or...pick a pair, a couple of pairs...apply these to a single account with a larger lot size start and larger profit range...

Or...Set the Magic Number to Zero and you take a primary trade, activate the EA and let it grid you out.

Lots of different ways that you can apply these and their only true limitation is how you choose to work with them.

I may have just picked the wrong pairs (or wrong time) to test. Currently, -1,150 pips in drawdown with the Hybrid NN nearly all of which is on USD/CHF and USD/JPY

I'm not a huge fan of USDJPY...and have never really touched the CHF pairs.

USDJPY...looks like it could be another 2 days to retrace to weekly median, under typical moves.

Just a guess...that being said, it should only look to cost average after today...

alright. no problem lol I'll pick one and go with the flow hopefully without any issues.

For Shitz n Gigglez...

Added a Grid Me Out EA to post 1 - Xuicide Scalper

Reason for the name...if you don't know what you are doing, this could easily suicide your account!!

I fuck around with this on the M1 charts, so left it defaulted to my settings. This being said, you can change to whatever time frame you wish and just edit the Time delay (in seconds) to the time frame you are using...ie - M5=300, M15=900...

If you are changing the TF, you probably want to increase the profit, but may not actually need to. This will play dynamically and is set to exit when bid is against your profiting candle. Here's a quick trade that I took with the EA, all of the arrows, obviously EA taken trades and with profit set to $1, total on this was $2.33.

When trades are against the trend, it will look to FORCE immediate Closure, like the below. When it does this...as bid flickers, you may come out with a few less pips. The result of these trades was $.88.

Current set for .01 lot and fixed lot calculation...if you want to get dangerous, play with the other options...just be aware, this will trade until:
1. Stop loss Hit.
2. Profit Hit.
3. You are out of Margin.
4. You max out on your broker threshold for Max Open Trades.

Please play with this on a Demo account before trying it out live...

I've already blowed up a couple of accounts with versions of it...
Current play, lull market times this week:

Uh...I guess I should mention that YOU MUST TAKE THE FIRST TRADE in order for this logic to kick in.

Apply it to all charts, it will only start to work once you've fired off your first shot on a pair!

It will only Trade the pair you've taken a trade on.

And...because I left the Magic Number as a User Input, you can set this to work with any other EA Magic Number and it will work with other logic to get you good.

I haven't played with this...simply not enough room for additional traders right now and I don't want to fuck up the stats of my other accounts.

It's fun...once you get going with it.

Also worth mentioning...the Grid setting does ABSOLUTELY NOTHING...it will take trades on top of trades, above/below your original position.

Shit can get scary, FAST!

:\

Cable Closed!



Go Dragon!

Run you Motherfucker, RUN!

Fuckem...Manually Closed Dragon...little down on the day.

Meh!