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SDTR Strategy Part II

  • #681
  • Apr 4, 2019 5:03am Apr 4, 2019 5:03am
Performance so far since Mar 13 2019 H1 + H4. 1.26 defaults.
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  • #682
  • Apr 4, 2019 5:29am Apr 4, 2019 5:29am
Thank you chriskd2017,


After three weeks you are in 0.18 USD profit....at least not in minus. Any idea how to improve?

Quoting chrisdk2017
Performance so far since Mar 13 2019 H1 + H4. 1.26 defaults. {image}
  • #683
  • Apr 4, 2019 7:37am Apr 4, 2019 7:37am
Quoting chrisdk2017
Performance so far since Mar 13 2019 H1 + H4. 1.26 defaults. {image}
There are some pairs you should'nt have traded with this system; GBPAUD, GBPNZD, CADCHF and USDCHF. The first two pairs; GBPAUD, GBPNZD, the standard 100 pips stop loss will be too small for them. I also believe the 1hr timeframe may be better! Just my opinion, pls.
  • #684
  • Apr 4, 2019 7:54am Apr 4, 2019 7:54am
Just less then week though! SO, it needs more time to prove anything. Using the set file on page one. I only changed my risk% using MM
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  • #685
  • Apr 4, 2019 7:59am Apr 4, 2019 7:59am
Quoting timidave
Just less then week though! SO, it needs more time to prove anything. Using the set file on page one. I only changed my risk% using MM {image}
Excellent performance. Nothing wrong with those numbers.
  • #686
  • Edited 10:54am Apr 4, 2019 10:03am | Edited 10:54am
Quoting DimasRu
{quote} Bravo. Thanks a lot @Wladimir. Can you please tell what's your TakeProfit settings? Those I currently have close all trades at the BE. Thanks {image}

parameter \ - Trailing stoploss settingss - \
green pips
Attached Image
You're the only author of everything that's happening to You !
  • #687
  • Apr 4, 2019 10:18am Apr 4, 2019 10:18am
Quoting DimasRu
{quote} Bravo. Thanks a lot @Wladimir. Can you please tell what's your TakeProfit settings? Those I currently have close all trades at the BE. Thanks {image}
Your settings show you using a fixed TS, whereas on my set file I use ADR TS.

As each pair moves differently it does not make sense to use the same TS for every pair, and by using ADR TS you can have TS that suits each pair individually.
Truth is like poetry. And most people f*cking hate poetry.
  • #688
  • Apr 4, 2019 7:29pm Apr 4, 2019 7:29pm
Quoting S.Wladimir
{quote} parameter \ - Trailing stoploss settingss - \ green pips {image}
Quoting mrdfx
{quote} Your settings show you using a fixed TS, whereas on my set file I use ADR TS. As each pair moves differently it does not make sense to use the same TS for every pair, and by using ADR TS you can have TS that suits each pair individually.
Thank you both. Now, I'm clear on the TS settings
  • #689
  • Apr 4, 2019 11:29pm Apr 4, 2019 11:29pm
Dear All,

I got again 3 orders closed at 0. However, from 150 pips DD I went back to 50 pips profit. Now, again in 50 pips DD.

This system has Huge potential. But it needs very high win rate to balance big losses. And requires fine tuning the tp and sl settings.
Another point, what about the close of positions on friday?
I do not think simple let them run is meaningful, and closing all is a risk in case there is a DD happening.
Better not to trade on friday, close everything when in profit on thurday?
  • #690
  • Edited 2:28am Apr 5, 2019 1:10am | Edited 2:28am
I am testing setting the stoploss to ADR * factor where factor is 1.5. It should be better than the fixed 100 stoploss especially for JPY and GBP pairs. (EDIT: see screenshot)

For news releases I don't see any other option than to manually close since it is difficult to program when to close a position. So closing a position in profit when we see it and when a news release is coming up.
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  • #691
  • Apr 5, 2019 2:30am Apr 5, 2019 2:30am
Ok, but imagine the following. The Ea is running on your laptop at home, and you are at work or anywhere else.
You check on mobile your positions, and being happy with them, close all manually.
Will the Ea running at home open new ones?
Probably yes, who knows if the Ea crashproof or not.

I have again above 100 pips DD that could ruin 3 days trading. If they cancel each other I will have 7 usd profit in 3 days, considering 0.01 lots*10 positions.
Can be said good, yes, but DD is huge and risky on longer runs.
See chrisdisk2017 overall 0usd result through 3 weeks period.
Definitely needs improving tp and sl settings.
  • #692
  • Apr 5, 2019 2:54am Apr 5, 2019 2:54am
Quoting foff00
Ok, but imagine the following. The Ea is running on your laptop at home, and you are at work or anywhere else. You check on mobile your positions, and being happy with them, close all manually. Will the Ea running at home open new ones? Probably yes, who knows if the Ea crashproof or not.
No it won't, if you do not allow reentries. See the input for info.

Quoting foff00
I have again above 100 pips DD that could ruin 3 days trading. If they cancel each other I will have 7 usd profit in 3 days, considering 0.01 lots*10 positions. Can be said good, yes, but DD is huge and risky on longer runs. See chrisdisk2017 overall 0usd result through 3 weeks period. Definitely needs improving tp and sl settings.
Yes. Removing bad pairs (CHF and maybe GBP) and changing SL and TP then maybe we will have a improved performance.
  • #693
  • Apr 5, 2019 3:11am Apr 5, 2019 3:11am
Thank you for the advice for reentries. That could help.
On bad pairs, now Gbp is easy to avoid of, but what about the future? We need to monitor and filter somehow the most risky pairs, from week to week?
Now, being Brexit or not, Eur is as much risky then Gdb. We wil remain nothing
In short, DDs cannibalize profit

Quoting chrisdk2017
{quote} No it won't, if you do not allow reentries. See the input for info. {quote} Yes. Removing bad pairs (CHF and maybe GBP) and changing SL and TP then maybe we will have a improved performance.
  • #694
  • Apr 5, 2019 7:42am Apr 5, 2019 7:42am
Quoting foff00
Ok, but imagine the following. The Ea is running on your laptop at home, and you are at work or anywhere else. You check on mobile your positions, and being happy with them, close all manually. Will the Ea running at home open new ones? Probably yes, who knows if the Ea crashproof or not. I have again above 100 pips DD that could ruin 3 days trading. If they cancel each other I will have 7 usd profit in 3 days, considering 0.01 lots*10 positions. Can be said good, yes, but DD is huge and risky on longer runs. See chrisdisk2017 overall 0usd result...
Having DD is completely normal especially when you are basket trading, if you think 100 pips DD on a basket is not very good then you need to lower your risk so you won't worry so much cos 100 pips DD on a basket is not so big.

To maximize the profit you can set the TP, SL and TS however you want, personally I use ADR as I think its most effective, but some like using R:R for TP & SL.
Truth is like poetry. And most people f*cking hate poetry.
  • #695
  • Apr 5, 2019 7:54am Apr 5, 2019 7:54am
Quoting mrdfx
{quote} Your settings show you using a fixed TS, whereas on my set file I use ADR TS. As each pair moves differently it does not make sense to use the same TS for every pair, and by using ADR TS you can have TS that suits each pair individually.
Let me get into more detail about my TS settings I use. So I'm using ADR % as my TP & SL so that means I use average daily range percentage.

I use a 20 day period as that gives the average daily average for the previous month which I prefer, while some might prefer using a 5 day period but that is more volatile for me.

I set my SL at 100% ADR and then set my 1st TP as BE once the 25% ADR is hit, so basically once the pair reaches 25% of the ADR it moves to BE, then when it moves to 50% the SL is moved to 25%, and I use a 10% trail step.

Personally I think this works better as we are trading multiple pairs in a basket and a fixed TP & SL doesn't fit for every pair.

The only thing with using ADR is sometimes the profits are not as big as we would like if for example we took a trade on AU, the 20 period ADR is only 50 pips so if we hit TS4 which is 100% that's only 50 pips with a 50 pip SL, whereas on a pair like GU its 148 pips, so quite a big difference.

This is my preference, but you can use your own if you like. Feel free to experiment and share your results.
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Truth is like poetry. And most people f*cking hate poetry.
  • #696
  • Apr 5, 2019 8:09am Apr 5, 2019 8:09am
Quoting mrdfx
{quote} Having DD is completely normal especially when you are basket trading, if you think 100 pips DD on a basket is not very good then you need to lower your risk so you won't worry so much cos 100 pips DD on a basket is not so big. To maximize the profit you can set the TP, SL and TS however you want, personally I use ADR as I think its most effective, but some like using R:R for TP & SL.
You're saying the 100-pip SL is global? During one of my demos, I had 165 pips in DD and none of the orders were closed.
  • #697
  • Apr 5, 2019 8:18am Apr 5, 2019 8:18am
I'm currently having 140 pips DD and nothing is closed.
Something is definitely wrong.

Quoting ChicagoRob
{quote} You're saying the 100-pip SL is global? During one of my demos, I had 165 pips in DD and none of the orders were closed.
  • #698
  • Apr 5, 2019 8:18am Apr 5, 2019 8:18am
Quoting ChicagoRob
{quote} You're saying the 100-pip SL is global? During one of my demos, I had 165 pips in DD and none of the orders were closed.
The settings are not global, if you are using 100 pips SL that applies to each pair individually, all MM settings apply to individual pairs.
Truth is like poetry. And most people f*cking hate poetry.
  • #699
  • Apr 5, 2019 8:21am Apr 5, 2019 8:21am
Quoting foff00
I'm currently having 140 pips DD and nothing is closed. Something is definitely wrong. {quote}
I think you need to lower your risk or perhaps stay away from basket trading if 140 pip DD makes you nervous.

Remember with basket trading you are trading multiple pairs concurrently and DD can get high at times before pairs go into profit, especially trading a reversal strategy.
Truth is like poetry. And most people f*cking hate poetry.
  • #700
  • Apr 5, 2019 8:53am Apr 5, 2019 8:53am
Quoting mrdfx
{quote} The settings are not global, if you are using 100 pips SL that applies to each pair individually, all MM settings apply to individual pairs.
Thanks for the clarification.
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