DislikedPh6_01_x closed again this morning.
01a still playing Pacman (not updated) down to $2818 Equity EDIT: from $3000 start
01ax still has not closed - lowest margin 440%, max DD -5.9% (not updated)Ignored
Thanks
Ian
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DislikedPhantom 6_01a @ IBFX DEMO mini 50:1 started 8th November with 500USD now it will be 530.60.
6 or seven rounds closed all in profit which started with 3.7USD per round. The robot uses 0.01 minilot (1pip 1 cent)
largest floating loss -12.6USD, floating DD 2.54%
profit percent 0.75, max margin to use 0.5
I intend to trade it on my IBFX Live account with exactly same equity and settings.
Phantom add6_02a @ IBFX DEMO mini 50:1 started 8th November with 10.000USD now its 10.166. 6 rounds closed all in profit. 25USD average profit per round.
Robot...Ignored
DislikedYour post is pretty much unreadable..and the way you are trading it wont take much drawdown to wipe the account. Dont get too excited about 2 days worth of results. You are trading .31 lots on a 1k account correct?
Good luck with that. Come back in month and let us know how it went.Ignored
DislikedThis is almost unbelievable. Ph6_01a was in a margin call situation since last Wednesday, closing the largest loser every time margin went down to 100%. I have left it running during the margin call just to see if there was any remote chance that it would recover as my AddSix_01x did.
I noticed on Friday after the close that the PL was over $600, but margin was still not much above 100%. Tonight when IBFX opened trading the PL continued to climb and about 2 hours later when I looked the EA had closed all trades for a .29% profit. A little disappointing...Ignored
DislikedThat 3 min. to close scares the heck out of me. So I've set the PP at something high like 4% and then on a separate chart I use this EA to close my trades. http://cdn.forexfactory.com/images/attach/mq4.gif CloseTrades_After_Account_Profit_Reached.mq4Ignored
DislikedWhat's wrong with what Perky is showing us?
We need all types of testing for this system.
The more I think what Perky is doing, the more it makes sense to me - or am I finally going mad?
BUT personally I would use a high MMTU and a low PP so that trades are frequently closed within an hour.
My thinking is that the Biggest Phantom Winner would have the most momentum when first traded, not after 1-2 hours.
Don't scare Perky away - we need the test results.Ignored
DislikedFrazerd, why does it recover after a margin call?
Is it because the biggest looser is cut of and prevent a bigger loss for that pair, or is it because it has new margin to add more real trades and therefore come back from the DD naturally?
Say you close the biggest looser at a X margin level. The biggest looser at that moment is $ -100 and your original dollar profit target is $10, the EA then aims for 100+10 dollar, because it still wants to reach the old equity profit target. I assume you're aware of that and that doesn't need to be changed?
Only...Ignored
DislikedWell Perky,
Like I said..You are going to double it or blow it and looks like double it is. Now the big question..would you trade it live??
But I do agree with your theory of using a higher mmtu and lower profit percent. The way I look at it, the less pips you need to get to close the better, less chance of drawdown. Now we just have to find that right balance. But I still think yours is a little too crazy.Ignored
DislikedCutting the biggest loser just buys time for the EA to come back into profit naturally. If you look at the spreadsheet I posted you can see exactly how it happened. The trades are sorted by closing time. You can see where the broker software started closing biggest losers and each time one was closed it brought the margin back above 100%, then some time later the margin was back down to 100% and another biggest loser was cut. That process went on for 3 days and reduced the balance by $800(+) until the remaing trades started to move favorably and...Ignored
DislikedHi Frazer. Which EA do you think is the best candidate for me to apply this treatment to (closing the biggest loser when margin drops to a defined level)?Ignored