New York Session
TradeMonitor v80
100 Pip Daily Target Not Met (35.2)
TradeMonitor v80
100 Pip Daily Target Not Met (35.2)
Attached Image(s) (click to enlarge)
3
CCFp weekly signals (set and forget basket trading)
- #19,762
- Oct 15, 2020 1:01pm Oct 15, 2020 1:01pm
Monthly summary:
All of the +30% yield during September using my custom daily strategy has been wiped off finally today with series of stoplosses. No blame to mrdfx daily strategy as I have been using mix of manual entries, different indicator logic and and somewhat different basket composition.
Been learning a lot along the way about the market entry as well as about how and when to use CMSM 17xx indicator. So lets keep going with the daily baskets
All of the +30% yield during September using my custom daily strategy has been wiped off finally today with series of stoplosses. No blame to mrdfx daily strategy as I have been using mix of manual entries, different indicator logic and and somewhat different basket composition.
Been learning a lot along the way about the market entry as well as about how and when to use CMSM 17xx indicator. So lets keep going with the daily baskets
- #19,767
- Oct 16, 2020 7:15am Oct 16, 2020 7:15am
- Joined May 2017 | Status: Trader | 3,885 Posts
Truth is like poetry. And most people f*cking hate poetry.
- #19,770
- Oct 16, 2020 12:31pm Oct 16, 2020 12:31pm
- Joined May 2017 | Status: Trader | 3,885 Posts
Truth is like poetry. And most people f*cking hate poetry.
Personally I really thanks mrdfx for the effort he has done in the past months testing it with many conditions. I expected to profit it every day but it profited few days and then it made the losses. I was terrified about my account because I collected the money in very hardway. But eventually I realized EA will loss one or two months because of deadly market but it have safe haven future. We have started the ea on a bad situation. Wrong place in a wrong time in other way 
. Let the time to cure the pain let's be more patient. And precaution, I have reduced the lot size to minimum till market become okay. So Ilvez let's try mrdfx method for at least 6 months to get a average idea.
. Let the time to cure the pain let's be more patient. And precaution, I have reduced the lot size to minimum till market become okay. So Ilvez let's try mrdfx method for at least 6 months to get a average idea.
Swimming with sharks!
- #19,774
- Oct 17, 2020 12:33pm Oct 17, 2020 12:33pm
Don't get me wrong - the daily basket has demonstrated excellent results on one user account for 10 months in a row without manual intervention. This is a big achievement on its own.
However, if someone makes an assumption that all 28 currency pairs can be traded safely by unattended EA at all market conditions, then this is a gross mistake.
As I said, I prefer to adapt to market conditions. As I see it, user intervention, combined with the reliable and proven EA logic can bring in good results in long term.
This is the way I like to approach things and one needs to make their own conclusions based on their risk preferences.
Good luck!
However, if someone makes an assumption that all 28 currency pairs can be traded safely by unattended EA at all market conditions, then this is a gross mistake.
As I said, I prefer to adapt to market conditions. As I see it, user intervention, combined with the reliable and proven EA logic can bring in good results in long term.
This is the way I like to approach things and one needs to make their own conclusions based on their risk preferences.
Good luck!
Personally I really thanks mrdfx for the effort he has done in the past months testing it with many conditions. I expected to profit it every day but it profited few days and then it made the losses. I was terrified about my account because I collected the money in very hardway. But eventually I realized EA will loss one or two months because of deadly market but it have safe haven future. We have started the ea on a bad situation. Wrong place in a wrong time in other way
Don't get me wrong - the daily basket has demonstrated excellent results on one user account for 10 months in a row without manual intervention. This is a big achievement on its own. However, if someone makes an assumption that all 28 currency pairs can be traded safely by unattended EA at all market conditions, then this is a gross mistake. As I said, I prefer to adapt to market conditions. As I see it, user intervention, combined with the reliable and proven EA logic can bring in good results in long term. This is the way I like to approach things...
Swimming with sharks!
- #19,776
- Edited 1:27pm Oct 17, 2020 1:12pm | Edited 1:27pm
Sorry to disappoint but there is no firm evidence at the moment that any EA can be made to trade successfully with reasonable R:R and short exposure to market over long term period (36+ months) without manual intervention or adaptations to changing market conditions. Many of the fantastic demos you see running on myfxbook pages usually rely on 100% account SL levels, very high risk and heavy Martingale, which can work surprisingly well for many years before blowing all up one day.
That's why the Daily Basket concept is very interesting to pursue further as it has all the good basic ingredients:
- Very good R:R ratio of 2:1 for EA
- Short exposure to the market
- No Martingale
- Excellent set of flexible indicators + EA + fantastic support from the team who put it all together, Grandaevus, Jess and Mrdfx for hard work for testing all the pieces of the puzzle.
Bad thing is that it can't be properly backtested and forward testing has proven quite a lot of variance in the results only during 2 months between different users.
If there would have been such "bulletproof" EA-s or indicators invented, which print money with low risk, then none of us would not be having this conversations
Cheers,
I
That's why the Daily Basket concept is very interesting to pursue further as it has all the good basic ingredients:
- Very good R:R ratio of 2:1 for EA
- Short exposure to the market
- No Martingale
- Excellent set of flexible indicators + EA + fantastic support from the team who put it all together, Grandaevus, Jess and Mrdfx for hard work for testing all the pieces of the puzzle.
Bad thing is that it can't be properly backtested and forward testing has proven quite a lot of variance in the results only during 2 months between different users.
If there would have been such "bulletproof" EA-s or indicators invented, which print money with low risk, then none of us would not be having this conversations
Cheers,
I
{quote} And one more thing that we expecting a bullet proof set files from your experiments too.
CMSM V22.02 for Mt4 & Mt5
Uses pure price action to calculate strength levels.
Changelog:
Maintenance release
Recommended Settings:
Please wait at least 1/3 of your selected Time Frame before starting to trade.
if TimeFrame = PERIOD_D1, wait at least 24/3 = 8 hours;
if TimeFrame = PERIOD_W1, wait at least 5/3 days = Wait till Tuesday, 16:00
Uses pure price action to calculate strength levels.
Changelog:
Maintenance release
Recommended Settings:
Please wait at least 1/3 of your selected Time Frame before starting to trade.
if TimeFrame = PERIOD_D1, wait at least 24/3 = 8 hours;
if TimeFrame = PERIOD_W1, wait at least 5/3 days = Wait till Tuesday, 16:00
