Here are my FXDD demo results:
EAs effected on 20th 6 pm EDT. Ult, Del & Best run separately on 3 FXDD demo accounts, 1:200, $10,000 starting Balance/Equity each.
15 pairs: GU, GJ, UJ, AJ, EJ, EU, Uchf, UC, EC, EG, CJ, AU, NU, Echf, Gchf. Hourly charts.
1st day: @ 5pm EDT 21st April 2008:
- Ult: Balance $10,848, Equity $10,820 Margin $978
- Del: 10,788 10,787 978
- Best: 9,963 9,867 296
2nd day: @ 5 pm EDT 22nd April:
- Ult: 10,740, 10,440 1,032
- Del: 10,699 10,357 983
- Best: 10,138 10,032 574
3rd day: @ 5 pm EDT 23rd April:
- Ult: 10,444, 10,160 934
- Del: 10,420 10,093 934
- Best: 9,691 9,625 498
4th day: @ 5 pm EDT 24th April:
- Ult: 10,840, 10,890 551
- Del: 10,756 10,816 452
- Best: 9,660 9,632 235
5th day: @ 3:30-3:40 pm EDT 25th April:
- Ult: 10,433, 10,433 0
- Del: 10,520 10,520 0
- Best: 9,305 9,305 0
#5th day ... all trades closed @3:30-3:40 pm for weekend per T101's suggested Option 2. EAs removed... On Sunday April 27 EAs attached and effected before 6 pm EDT, FXDD's market open time. #
6th day: @ 5 pm EDT 28th April:
- Ult: $9,973 $9,775 $1,022
- Del: 10,040 9,846 982
- Best: 9,152 8,996 747
Another down day but nothing to be frustrated. Just follow the "euity" numbers. We lost one day and gained back another... today's loss was relatively small.
7th day: @ 5 pm EDT 29th April:
- Ult: $10,530 $10,371 $851
- Del: 10,567 10,427 754
- Best: 9,171 9,227 349
8th day: @ 5 pm EDT 30th April:
- Ult: $11,109 $10,725 $1,050
- Del: 11,140 10,789 1,020
- Best: 9,760 9,797 511
9th day: @ 5 pm EDT 1st May:
- Ult: $10,940 $10,703 $814
- Del: 10,916 10,656 814
- Best: 9,683 9,790 210
Both Ultimate and Delight were running at +1,200 levels, at around NOON time EDT. This phenomena is usual as most of you have noticed. Am personally tempted to bank the peak gain for the day.
T101 - if close all positions at seemingly near-peak time (or at some set $$$) and cut off EA, and re-activate EA b4 Asian session, do this every day, what would be the overall results, based on the logic?
Cheers, RS
- #2,902
- May 1, 2008 4:47pm May 1, 2008 4:47pm
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Here are my FXDD demo results:
Both Ultimate and Delight were running at +1,200 levels, at around NOON time EDT. This phenomena is usual as most of you have noticed. Am personally tempted to bank the peak gain for the day.
T101 - if close all positions at seemingly near-peak time (or at some set $$$) and cut off EA, and re-activate EA b4 Asian session, do this every day, what would be the overall results, based on the logic?
Cheers, RS
That said, we are here to make the long term goal a reality, and making decisions based on a few weeks could be considered short sighted so we should just test the variations as per T101's needs, he undertands the process and it's needs more than any of us.
And it is making money
(shame it's only demo)T101 - we need to extend the expiry date to test next week.
- #2,903
- May 1, 2008 4:53pm May 1, 2008 4:53pm
- Joined Jun 2007 | Status: trader | 1,703 Posts
I've also been running the Ultimate EA on a demo account for 9 days with FXDD opening balance $3,000. Currently Balance is $4635.78 Equity $4404.12 Open trades -$234.57 Margin $761.43. The performance of this EA is very exciting. Looking forward to seeing the performance in a live account.
Yes, the performance is unbelievable, actually too good to believe, but is true! I run 15 pairs (screen looks better when tiled, that't the reason
) and so slightly more equity and more margin, I guess, but the results are very close. I wonder what stage Trader101 is at, in regard to releasing the EAs. Even a beta.Cheers, RS
- #2,904
- May 1, 2008 5:04pm May 1, 2008 5:04pm
- Joined Jun 2007 | Status: trader | 1,703 Posts
these are good views, but from what i understand the EA should run full time to maintain it's knowledge base, i understand wanting to bank the profits, but each time we start we run the risk of losing again, i'm more inclind to see if the EA can take a trade break of say 12hrs after achieving the goal, that way it still has all the required info to trade from, but has taken a breath before the next onslaught. Purhaps this could be your test for next week, afterall we know that most demo accounts are close enough to prove function.
That said, we are here to make the long term goal a reality, and making decisions based on a few weeks could be considered short sighted so we should just test the variations as per T101's needs, he undertands the process and it's needs more than any of us.
And it is making money
T101 - we need to extend the expiry date to test next week.
Even 10% a week, is huge, if consistent. One could close all soon as the target is hit, and restart next Sunday with increased lot by 10%. Repeat this. Too boring? Maybe. But weekly x1.10 compounded 50 weeks is x117 times!
Understand testing period is until May 10, isn't it?
Cheers, RS
- #2,911
- May 1, 2008 8:58pm May 1, 2008 8:58pm
- Joined Jun 2007 | Status: trader | 1,703 Posts
OK, I will do the following test from today. Please comment/suggest, if any.
1. At around NOON NY time (which is about the London close & midnight here in Japan) de-activate the Expert Adviser button on the top - smilies OFF.
2. Close all positions, all pairs, using a script to do that.
3. PC and platform is kept ON.
4. At 5 pm NY time, re-activate the EA button - smilies ON. This is about 5 - 6 hours suspension.
My brain will be not as bright as to select pairs due to time of the day. So I will close all pairs and bank the peaks (hopfully
).
What do you say?
Cheers, RS
1. At around NOON NY time (which is about the London close & midnight here in Japan) de-activate the Expert Adviser button on the top - smilies OFF.
2. Close all positions, all pairs, using a script to do that.
3. PC and platform is kept ON.
4. At 5 pm NY time, re-activate the EA button - smilies ON. This is about 5 - 6 hours suspension.
My brain will be not as bright as to select pairs due to time of the day. So I will close all pairs and bank the peaks (hopfully
).What do you say?
Cheers, RS
RS & MPP suggestion to suspend trading during the London Close (Time when volatility drops) is a good suggestions. You could actually unclik the allow live trading for a certain pair that you want to suspend with it losing the knowledge base. And then close the trade of that pair manually. Only you will have the problem when to reclik it, I think the suggestions of RS will come into play during the Asian OPen. Wow 2 heads are better than one. You can actually do that. It is hard to incorporate that into the EA since that part should be discreationary because that is not the norm. So many times i have seen some volatility at those times. (London Close - JapanOPen). Myself since i am lazy ill just keep it open, i know i have to loss a couple of hundred there but that can always be recoupe at the night time, you know that -500 is nothing, in just a few hours we could get it back.
- #2,912
- May 1, 2008 8:59pm May 1, 2008 8:59pm
- | Commercial User | Joined Mar 2008 | 9,070 Posts
At around 10:30 tonight i will give a small lecture on my theory of basket tradingso if you can hang around, right now im a little busy so ill se you at 10:30PM NYTime.
- #2,920
- May 1, 2008 9:59pm May 1, 2008 9:59pm
- Joined Jun 2007 | Status: trader | 1,703 Posts
the clincer is that take any normal indicator say RSI or stochastic apply it to 13 ccy pair and say make your asssumption that of the stoch is above 20 pointing up i will buy or stoch pointing down below 80 i will sell. If you do your trading in only one ccy pair you are bound to loss. But if you do it to all ccy you will diffinitely win over 50 % of your trade.
RS