Automated Trading

Strategy 1 for the week so far, one more day to go.
On this size account looking at the Min Margin Level hit and Max DD the lot size could have been larger. But this is only a test to get an idea of a good lot size to use. This would be up to the trader. Its always best before going live is to set up a demo account with the same starting dollar amount you would use in your live account and get the MM setup. As the account grows you can then keep increasing the lot size. Just don't get greeding and think you are going to become a millionaire over night.

Here is Strategy 4 that is being traded as a $10.00 basket. It has slowed down some so will see how it finishes out the week.
I will probably turn off the repeat basket function once this basket completes and than it would only take one more basket after that. I will see how it looks later on today after NY opens.
You can turn it off by clicking on the "Repeat Bsk Active" label at the upper right of the screen. You do not want to do it in the settings when there are trades active.
1 basket had a DD of $153.58 but all the others were under $10.00.

In the next version of the Strategy Trader I have changed the Recovery Trades to use something I have used in the past called "Marty". These add on trades take place when a trade is active and the price moves in the opposite direction. There are 3 of these and they are a multiple of the ADR which can be set in the settings. They are the purple lines in the screen shot shown below. As can be seen the first one did not get hit so we are still only into the original trade. If the first one gets hit a second trade will be added at the original lot size. If the second one gets hit a trade will be added at 2 times the original lot size and if the third one gets hit a trade will be added at 3 times the original lot size.. The ones shown are based on Fib numbers as can be seen in the settings but you can set these at what ever you want.

This screen shot shows a add on trade taken when the trade is in profit.

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If I already have your FF screen name and email address there is no need to send it again. I don't use or sell any of this information it is just for me so I can see who is posting in the forum and using the software. If I send out an update it will be to only those who have sent me their email address and screen name. I have some in my update list who I have received their email address but not their screen name. These will be removed from the list. Also, at the present time I have sent the software to many traders but the number of traders posting here is not very large. I will also be taking this into account when I send out new updates, so lets all join in and be part of this adventure in our quest for the "Holy Grail".

Food for thought:
I know some of you are looking at my examples and saying "I don't have a $50K account".
Thats OK as that is not what you should be looking at in these examples.

1: What lot size am I using
2: How many pairs am I trading
3: Am I trading 24/7
4: What Strategy am I using
5: What is my P/L
6: What has been the dollar draw down

As you can see in this example I am trading all 24 default pairs and I am using a lot size of 0.1.
This is a $50K demo account but ignore that.
This has been trading about 4 days so far 24/7
Our profit so far is $1835.50 and our Max DD has only been $103.22, this I would say is very good for only 4 days.
Every thing isn't always this good but looking at this profit and Max DD you could have traded this with these same settings on a $1K account and had about a 10% account DD and at this point almost tripled your account in one week.
Now I am not suggesting you do it this way as you may want to play it safer and go with a smaller lot size.
Don't Get greedy.
Always do a test on a demo account of the same size you will be trading live to get a feel for some safe settings. MM is up to you,
As can be seen from the stats page this so far has been a very good week for this Strategy with only 2 losing trades so far.
There will be a few more losers because when I close it down for the week there will be a few open trades that are at a loss at the time.
Also be sure to watch your Margin Level as you don't want to have your Broker step in and shut you down. LOL

My Strategy 4 Basket trading set up has been going in and out of profit but has not hit $10.00 and since this is Friday and we are about an hour or so into NY session I have decided to shut it down after it takes its 14th basket.
So I have clicked on the label pointed to in the screen shot below and this has turned off the auto repeat function so when and if basket 14 is hit it will be the end of trading for this week. If I don't hit basket 14 I will probably just shut it down later and take the loss.

Spoke too soon and while I was typing basket 14 $10.00 target got hit so I will call it quits for the week on this test.
Here are the results for 1 week.

first link from first post.

I have seen your video yes.. it just show how you did manually order but I was not able to find how you enable manual order.. is this expert only for manual orders or automated too?
it will be also good if you can tell me how can I enable disable different strategies.

Just for the fun of it I think I will let my Strategy 1 24/7 test on over the weekend and let it continue on next week to give you an idea how things look after being left on over the weekend. This does require you leave the computer on and connected to the internet.
We are about 5 hours from the close for the week now so things may change a bit yet.

You need to have The Manager version 9 and The Strategy Trader version 9 which are the latest ones.

Have you sent me your email address and screen name so I can put you on my update list to be kept up to date.

I am going to try and get versions 10 out of both of these this week end and also try to do a video or two.

Input:
Great system, after reading the introduction, I want to add tests for a while。

The version 10 of each has been sent out.

To be continued next week:

Sorry I thought it was Friday, its still running, will see what it does over night.

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Version 10 - Strategy 1

Hi just closed strats 4 fast and 3 medium until markets open after the weekend.

I started with a $1000 balance, 0.01 lots, I think they`ve done really well.

This is how they got on

I will be starting to test Strat one after the weekend.

sent you pm with my email

Hi Gene

What were your indicator settings on Strat 1, were you using marty, or add on trades?

Thanks Steve

Here are 2 videos.
The first one is The Manager v10
The second one is Strategy Trader v10

http://www.youtube.com/embed/dYh20s0i9JU?&autoplay=1

http://www.youtube.com/embed/CPy8JzA3LEU?&autoplay=1