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  • Linked: The Ranger + Vigorous EAs | Demo Account XXXXX72
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  • #1,701
  • May 13, 2020 3:16am May 13, 2020 3:16am
Quoting Cubbybgood
{quote} Ok. Some skepticism. Totally understandable... - The trend will ALWAYS revert in some way or form. I mean how can you say this? Trends ALWAYS change. This is why trading is so challenging! If the trend was always just going in one direction, we would all be millionaires. - We don't keep opening trades in the opposite direction. We wait for the intended trend to return before entering more trades. I mean... How many times do I have to post this image?! Please, read and study the image below to see how the RMI PRO V4 trades. Also, start opening...
i've seen what your picture shows. it's basically a big trend where you're in the opposite direction of the trend, with an initial sell.
then you open some small buy trades in the direction of the trade, but these trades never make up for the first floating loss
you say a trend always reverts ? yes it does, but when ? if it was as you say, typical averaging with lot increase would work fine.
the problem is, one time, you'll get a big trend, without enough reverting to close the batch in profit, and you'll continue opening sell in an uptrend, and eventually you'll crash your account. Your EA is maybe less risky than classic averaging, but it is risky nonetheless. At least when you lot increase you need a smaller reversion to close in profit.

your strategy is attacking your capital stressfully, not good
  • #1,702
  • May 13, 2020 5:06am May 13, 2020 5:06am
Quoting ionone
{quote} i've seen what your picture shows. it's basically a big trend where you're in the opposite direction of the trend, with an initial sell. then you open some small buy trades in the direction of the trade, but these trades never make up for the first floating loss you say a trend always reverts ? yes it does, but when ? if it was as you say, typical averaging with lot increase would work fine. the problem is, one time, you'll get a big trend, without enough reverting to close the batch in profit, and you'll continue opening sell in an uptrend,...

Quote
then you open some small buy trades in the direction of the trade, but these trades never make up for the first floating loss you say a trend always reverts ? yes it does, but when ?

First off, the EA does not martingale. It does grid trade with the trend though. So we're not adding a bunch of trades till we're sure of the trend direction is back in our favor. For example, lets say we took 1 order with the down trend but the trend just changed. We wait till the trend moves back down with confirmation on the higher timeframe before taking another position. In most cases, Before taking more trades after that, we wait for the pair to go down in our favor further from our 2nd order before stacking more trades with that new trend.

It all comes down to how good the trend indicator you're using is. I think mine is VERY good which is one of the reasons the EA is able to withstand 10+ years of backtesting on 10+ pairs.
  • #1,703
  • May 13, 2020 5:53am May 13, 2020 5:53am
Quoting Dkmillion
{quote} So after 0.01 lot and a stop, it takes a second recovery trade with 0.18 lots? Is that right?
The EA on 9 pairs never lost more than 3 times in a row with the Pinpoint EA. So this is the breakdown...

1st order TP gets hit 95% of the time.
2nd order TP gets hit 98% of the time.
3rd order TP gets hit 100% of the time.

As you can see, the numbers are in it's favor with the pinpoint EA. Still, you might ask what happens if the 3rd order hits SL? Well, we lose. Every system has a weakness right? If we can find ways to minimize those, then we have a really good chance of profiting in the long-term. I think the Pinpoint EA does a good job of taking most of the risk away by having such a high win rate.

If you're worried about this, you can adjust each trade (after a loss) lot size. This way you can have more control over the lot progression. For example, you can try increasing the the TP from "3" to "6" and change the "lot increase" from "18X" to "9x". Yes, this will lower the 95% win rate a bit but you'll lower the lot size risk progression while still keeping the integrity of the system/EA. These are the settings I'm working with now to see if a better combination can be found. I think it's VERY likely, I'll find a combination that's even better than what we have now.
  • #1,704
  • May 13, 2020 3:25pm May 13, 2020 3:25pm
Hello guys,

Who use RMI PRO V4? How many profit do you have with default setting?

I tested few days and i don't have same number of trade of myfxbook :

https://www.myfxbook.com/members/lil...orexea/5373478
https://www.myfxbook.com/members/lil...-lqdfx/5427770

there is also different settings or same ?

I think to buy, so constant profit i like it
  • #1,705
  • May 14, 2020 2:21am May 14, 2020 2:21am
HI Cubby
See attached image of EURUSD what will happen if this trend continue going south ?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m5-blueberry-markets-pty-3.png Size: 80 KB
  • #1,706
  • May 14, 2020 2:51am May 14, 2020 2:51am
Pinpoint EA uses a stop loss so will be stopped out! I have the same trade on demo, and s/l is 1.07922 for me.
  • #1,707
  • May 14, 2020 3:01am May 14, 2020 3:01am
What is the possibility of getting V8 so I can run the tester? Thx
You learn something everyday if you pay attention.
  • #1,708
  • May 14, 2020 4:02am May 14, 2020 4:02am
Quoting Wabbit169
Pinpoint EA uses a stop loss so will be stopped out! I have the same trade on demo, and s/l is 1.07922 for me.
Thank you
I see on his Fxbook no trades for EURUSD
  • #1,709
  • Edited 5:32am May 14, 2020 4:15am | Edited 5:32am
Quoting pret
{quote} Thank you I see on his Fxbook no trades for EURUSD

I noticed that also.... the main difference between my broker and his, is mine is 1:500 (edit: AdmiralMarkets for this test) so not sure if that has anything to do with it?


edit: and it stopped out at 107918
  • #1,710
  • May 14, 2020 5:31am May 14, 2020 5:31am
Quoting pret
HI Cubby See attached image of EURUSD what will happen if this trend continue going south ? {image}

Yeah, you got one of the early demo copies of the pinpoint EA that had 2 errors in the settings. Around 20-30 people get this faulty copy.

1. Max Orders "100" (supposed to be "1")
2. Lot increase "1.8" (supposed to be "18")

You can either manually change these settings after the trades close out. Or, just re-open a new demo account. Max orders set to "100" will make the EA trade VERY different then it's supposed to. You can re-download the the Pinpoint EA off the website again.
  • #1,711
  • May 14, 2020 5:33am May 14, 2020 5:33am
Quoting Wabbit169
Pinpoint EA uses a stop loss so will be stopped out! I have the same trade on demo, and s/l is 1.07922 for me.
Yes, you are correct. My 2nd account trading the Pinpoint EA has this same EU order and SL was hit. Next order on the EU will be the recovery trade.
  • #1,712
  • May 14, 2020 5:34am May 14, 2020 5:34am
Quoting visionxp
What is the possibility of getting V8 so I can run the tester? Thx
You can download and try V9 and use it int he tester as well! Download it off the website.
  • #1,713
  • May 14, 2020 5:35am May 14, 2020 5:35am
Quoting pret
{quote} Thank you I see on his Fxbook no trades for EURUSD

My other account that's not public had this EU loss. Waiting for next EU trade for recovery of this loss. Every broker with give slightly different trades. No broker is the same.
  • #1,714
  • May 14, 2020 9:43am May 14, 2020 9:43am
Thanks Cubbybgood. I don't have a MT4 demo account and V9 won't allow testing on a live account (strategy tester). When I create a demo account I may circle back to you. Keep up the good work...
You learn something everyday if you pay attention.
  • #1,715
  • May 17, 2020 3:52pm May 17, 2020 3:52pm
Hi.
How must be Max lot for Orders ? Default is 50
and how must be Lot increase ? Default is 18.
thank you
  • #1,716
  • May 18, 2020 11:16am May 18, 2020 11:16am
Quoting Cubbybgood
{quote} Ok. Some skepticism. Totally understandable... - The trend will ALWAYS revert in some way or form. I mean how can you say this? Trends ALWAYS change. This is why trading is so challenging! If the trend was always just going in one direction, we would all be millionaires. - We don't keep opening trades in the opposite direction. We wait for the intended trend to return before entering more trades. I mean... How many times do I have to post this image?! Please, read and study the image below to see how the RMI PRO V4 trades. Also, start opening...

So the second, the third and the fourth sell order are with bigger lot size then the first one?
What indicator do you use to identify trend ? The picture doesnt prove change of trend ... it could be still uptrend...
  • #1,717
  • May 18, 2020 1:34pm May 18, 2020 1:34pm
Quoting lkonsta
Hi. How must be Max lot for Orders ? Default is 50 and how must be Lot increase ? Default is 18. thank you
You can increase or decrease these numbers if you like but yes,

50 lots is the max set.
18X on the martingale is default as well.
  • #1,718
  • May 18, 2020 1:35pm May 18, 2020 1:35pm
Quoting rampZ
{quote} So the second, the third and the fourth sell order are with bigger lot size then the first one? What indicator do you use to identify trend ? The picture doesnt prove change of trend ... it could be still uptrend...
Yes, Each lot size is 18X larger than the next on the same pair. So for example, if we have a loss on the EURUSD, the EA will increase the lot size by 18X on the next EURUSD order.
  • #1,719
  • May 18, 2020 3:28pm May 18, 2020 3:28pm
Quoting Cubbybgood
{quote} Yes, Each lot size is 18X larger than the next on the same pair. So for example, if we have a loss on the EURUSD, the EA will increase the lot size by 18X on the next EURUSD order.

Lol, it seems to be very heavy on balance and margin :/ ... but it doesnt go that way in RMI EA Pro 4, right? There is no lot size increase...
  • #1,720
  • May 19, 2020 3:04am May 19, 2020 3:04am
martingale with 18x lot increase...

LeMAO
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