As mentioned above, I've built a new EA for this strategy that can use money management and trailing stops, and I thought I'd show some early results from this.
Normal Mode; $10,000 balance; Fixed lots of 5.0
As you can see, there appears to be a single loss in this version, however this is down to swaps and the trade actually hit TP.
Normal Mode; $10,000 balance; Money Management 25% risk per trade (equates to the above settings risk-wise)
Normal Mode; $10,000 balance; Money Management 25% risk per trade; Trailing Stop (previous high/low)
So, we have gone from a return of 260% over 3 years to 1229%...that's way better than most hedge funds manage - but the risk is pretty darned big!
Normal Mode; $10,000 balance; Fixed lots of 5.0
As you can see, there appears to be a single loss in this version, however this is down to swaps and the trade actually hit TP.
Normal Mode; $10,000 balance; Money Management 25% risk per trade (equates to the above settings risk-wise)
Normal Mode; $10,000 balance; Money Management 25% risk per trade; Trailing Stop (previous high/low)
So, we have gone from a return of 260% over 3 years to 1229%...that's way better than most hedge funds manage - but the risk is pretty darned big!
"Pips are vanity. Profit is sanity."
- #135
- Nov 25, 2019 9:58am Nov 25, 2019 9:58am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
As mentioned above, I've built a new EA for this strategy that can use money management and trailing stops, and I thought I'd show some early results from this. Normal Mode; $10,000 balance; Fixed lots of 5.0 {image} {image} As you can see, there appears to be a single loss in this version, however this is down to swaps and the trade actually hit TP. Normal Mode; $10,000 balance; Money Management 25% risk per trade (equates to the above settings risk-wise) {image} {image} Normal Mode; $10,000 balance; Money Management 25% risk per trade; Trailing...
! Though just 118 trades in 4 (?) years, hence we need some other profitable pairs as well for more trades. So I did some quick backtests with your unadjusted settings 5/50 and got the following Profit Factors for last 2 years: AUFJPY 2.8. USDJPY 1.9, NZDCHF 1.8, GBPUSD 1.7, GBPNZD 1.7, CADJPY 1.6 and EURJPY 1.5. Very probably the settings need to get adjusted/ADR-based in order to achieve similar results with other pairs too.Stay tuned, jdva
I never lose - either I win or I learn...
Here are the preliminary results from the high frequency mode.
Due to the volume of orders, break even and trailing stop functionality is restrcited (otherwise the EA simply locks up as it can#t react quick enough with the volume of orders!).
HF Mode; $10,000 balance; Fixed Lots 0.02 (equates to 5 lots in Normal mode)
HF Mode; $10,000 balance; Money Management 0.1% risk per trade
HF Mode; $10,000 balance; Money Management 0.1% risk per trade; Trailing Stop (previous high/low)
So that's a return of 305%, 1166% and 1741% respectively!
Due to the volume of orders, break even and trailing stop functionality is restrcited (otherwise the EA simply locks up as it can#t react quick enough with the volume of orders!).
HF Mode; $10,000 balance; Fixed Lots 0.02 (equates to 5 lots in Normal mode)
HF Mode; $10,000 balance; Money Management 0.1% risk per trade
HF Mode; $10,000 balance; Money Management 0.1% risk per trade; Trailing Stop (previous high/low)
So that's a return of 305%, 1166% and 1741% respectively!
"Pips are vanity. Profit is sanity."
{quote} Unbelievable results...thank you very much, Paul
Based on the EURUSD results above, with only 118 trades, those figures are pretty remarkable, and you could probably use just this one pair forever. But I will begin some optimisation for other low-spread pairs shortly and see if we can get anything similar.
"Pips are vanity. Profit is sanity."
- #139
- Nov 25, 2019 10:32am Nov 25, 2019 10:32am
- Joined Apr 2019 | Status: Crypto fanatic | 1,589 Posts
