Pete,
also see mcs' comments, i felt this too, well, i don't know if it is really "bad" for X/pipstep, but it is really DIFFERENT from the case w/o them.
i used to be a firm believer of X/pipstep, and i've been LIVE trading with X/pipstep since early Jan. almost 4 months now, on a small penny account.
I traded 3 or 4 variations, all on X/pipstep, and i have no experience trading any versions that has NO X/pipstep. what i found so far is that I have never had more than 30~40 trades opened by one EA. usually the dreadful cases are those baskets with 20+ trades hang there for 1 or 2 (even more than 2) weeks with a disgusting DD unchanged for long. everyday when i got home after work, i'd spit a crap word upon seeing the frozen DD on screen. and then when i almost got used to these kind of baskets, they were closed in profit someday, (yes, 1~3 weeks later). like you, i sometimes got impatient, and manually cut a few losers, but generally let the EA run.
i feel that i have these baskets showed up pretty much once every 1~2 weeks. since i have 3 or 4 EAs running, i still have a basket closure by any of them each week at least.
so my impression is the EA trades really slow, really slow
then when comparing with you guys' trading records, i've seen that the # of trades are often 60~80, even 100+ sometimes, but on the other hand, the closure usually comes within a couple of days, at most 10 days(including weekend). i realised it is really DRASTICALLY DIFFERENT. and i simulated the market uncountable times. i believe now it is due to X/pipstep.
if u have sufficient capital, w/o X/pipstep seems a better option. because when each time the price ranges but EA keeping adding leading positions, the EA might be able to close if the trend picks up the previous direction. this gives the EA w/o X/pipstep many more opportunities to close earlier.
at least, this is what the experiences from both sides suggest to me.
also see mcs' comments, i felt this too, well, i don't know if it is really "bad" for X/pipstep, but it is really DIFFERENT from the case w/o them.
i used to be a firm believer of X/pipstep, and i've been LIVE trading with X/pipstep since early Jan. almost 4 months now, on a small penny account.
I traded 3 or 4 variations, all on X/pipstep, and i have no experience trading any versions that has NO X/pipstep. what i found so far is that I have never had more than 30~40 trades opened by one EA. usually the dreadful cases are those baskets with 20+ trades hang there for 1 or 2 (even more than 2) weeks with a disgusting DD unchanged for long. everyday when i got home after work, i'd spit a crap word upon seeing the frozen DD on screen. and then when i almost got used to these kind of baskets, they were closed in profit someday, (yes, 1~3 weeks later). like you, i sometimes got impatient, and manually cut a few losers, but generally let the EA run.
i feel that i have these baskets showed up pretty much once every 1~2 weeks. since i have 3 or 4 EAs running, i still have a basket closure by any of them each week at least.
so my impression is the EA trades really slow, really slow
then when comparing with you guys' trading records, i've seen that the # of trades are often 60~80, even 100+ sometimes, but on the other hand, the closure usually comes within a couple of days, at most 10 days(including weekend). i realised it is really DRASTICALLY DIFFERENT. and i simulated the market uncountable times. i believe now it is due to X/pipstep.
if u have sufficient capital, w/o X/pipstep seems a better option. because when each time the price ranges but EA keeping adding leading positions, the EA might be able to close if the trend picks up the previous direction. this gives the EA w/o X/pipstep many more opportunities to close earlier.
at least, this is what the experiences from both sides suggest to me.
DislikedPipstep as well as an Xfactor is bad, according to my opinion; right now we effectively have AddSix_02a which is already quite slow when it comes down to profit. Any new additions are only going to slow down its performance.Ignored