First of all, I like theway Robin displays it better, it helps me understand the data that I need to care about right on the chart, thanks
Free Grid EA Ikarus - From zero to hero
- #1,062
- Edited 11:48pm Aug 1, 2021 11:12pm | Edited 11:48pm
Dear Professor TeChaoLiang
ok i tried to contact you @TeChaoLiang, but no way, now i will try to explain here, and very hope i can chat with him directly via gmail or any other tell me what channel First it is my settings for this test with Robin_new_2.7
As you can see I have set the minimum lots to 0.01.
the first problem here is that i can't see any ink indicating that the initial lot will be multiplied by it to get the next lot as i don't see the mutimanual clearly, i want to be able to adjust it at outside,
and next as we have seen it has big dips (DD) the green line always goes below its blue line and that says it's holding the position for too long and it holds losses for too long, so it will always drag the equity down over time, if the market is still in a strong trend, and previously opened orders are against the trend, those same orders will burn Burn your account because of the big loss
it has a very clever order processing, I suppose, but as we have seen, orders 272, 320 in the end still burn the account so why????
watch out for the winning orders before the 2 put-loss orders of 272 and 320, before these losers burn the account, so why doesn't it process immediately after closing the orders and then profit like it does close each part???
and one more problem of the CoG indicator.
i have an indicator maybe it's similar to yours, and i really hope you will integrate it into the EA's source code so you don't have to add it as an external indicator, i will attach it right here
ok i tried to contact you @TeChaoLiang, but no way, now i will try to explain here, and very hope i can chat with him directly via gmail or any other tell me what channel First it is my settings for this test with Robin_new_2.7
As you can see I have set the minimum lots to 0.01.
the first problem here is that i can't see any ink indicating that the initial lot will be multiplied by it to get the next lot as i don't see the mutimanual clearly, i want to be able to adjust it at outside,
and next as we have seen it has big dips (DD) the green line always goes below its blue line and that says it's holding the position for too long and it holds losses for too long, so it will always drag the equity down over time, if the market is still in a strong trend, and previously opened orders are against the trend, those same orders will burn Burn your account because of the big loss
it has a very clever order processing, I suppose, but as we have seen, orders 272, 320 in the end still burn the account so why????
watch out for the winning orders before the 2 put-loss orders of 272 and 320, before these losers burn the account, so why doesn't it process immediately after closing the orders and then profit like it does close each part???
and one more problem of the CoG indicator.
i have an indicator maybe it's similar to yours, and i really hope you will integrate it into the EA's source code so you don't have to add it as an external indicator, i will attach it right here
- #1,077
- Edited 5:36am Aug 4, 2021 4:30am | Edited 5:36am
- Joined Feb 2021 | Status: Trader | 344 Posts
the first problem here is that i can't see any ink indicating that the initial lot will be multiplied by it to get the next lot as i don't see the mutimanual clearly, i want to be able to adjust it at outside, and next as we have seen it has big dips (DD) the green line always goes below its blue line and that says it's holding the position for too long and it holds losses for too long, so it will always drag the equity down over time, if the market is still in a strong trend, and previously opened orders are against the trend, those same orders...
Here comes a question that is how to find an appropriate using ATR? I am going to illustrate for you. First of all, I always like to use 5 hours average data to be the ATR calculation base. 5 hours average ATR could be calculated from H1 period 5 or M15 period 20 or M5 period 60. I'll take M15 period 20 as the illustrating example, and we are going to find what multiplier will give us a better dynamic grid size for the symbol you trade.
You can then running optimization on your MT4 strategy tester. Select ATR multiplier as the parameter to be optimized. Set the start, step, and stop value to find a better value within the start and stop value. See the attached picture:
In this illustration, I use history data from 2010.9.1 to 2121.4.30 to run the optimization. As you can see, if you choose ATR multiplier in the green block, it of course will burn your account. Don't ask me to modify my EA because you are setting a wrong parameter for ATR.
If you choose multiplier from the red block, your account is safe and profitable. There are many criteria to select a multiplier value to use.
You can select one with maximum profit or select one with minimum DD rate, it is up to you.
Normally, as I have selected a parameter for ATR multiplier, I will use this value to run BT of other time period, for example, from 2021.4.1 to 2021.7.31, as a verification of the parameter is stable and OK.
