i wont be available online this week. but i will resume posting this week. i just say i should post so that one will not feel my trade has gone bad.
i should be back next week. stay tunned
i should be back next week. stay tunned
greenspan still has excellent timing 89 replies
How to Loose a Billion ( excellent article ) 23 replies
im looking badly for an excellent real time charts up to 30$ 5 replies
Excellent book worth reading 6 replies
A most excellent opportunity 4 replies
DislikedI Get your point, but i think posting it up here will be more of advertising. .......Ignored
DislikedAdewumi,
Two years ago you had an idea and were asking for an EA to be written.
Now I see that you have a commercial EA, and are starting to post results.
Does this new EA conform to the rules/ideas that you noted back in post #1, or is it something different?
Anyway, I see some interesting results in your last attachment (post #24):
1. No hard stoplosses. Not necessarily bad, but it means that I try to read between the lines, for some kind of loss exit strategy.......
2. Win rate is 86%, but the losses are more than double the...Ignored
Disliked1. No hard stoplosses. Not necessarily bad, but it means that I try to read between the lines, for some kind of loss exit strategy.......Ignored
DislikedAdewumi,
2. Win rate is 86%, but the losses are more than double the size of the average win. This is confirmed by the steady climb in the equity curve, but the sudden dips. Also, looking at the entry/exit times, winners are exited quickly (many within a few minutes), but some losses have been held for hours rather than minutes.Ignored
DislikedAdewumi,
3. Position sizes seem to increase 0.1 -> 0.2 -> 0.4 ...... I wonder what happens after 0.4 lots ....... , and perhaps more importantly, what will happen if losses start coinciding with the larger position sizes. To be fair, the equity dips aren't immediately followed by an upward spike back to parity (which is the most obvious telltale Martingale sign).Ignored
DislikedAdewumi,
4. Profit factor = 3.08. With an EA, anything above 1.5 frequently points to results being propped up artificially by dubious MM. But there are only 50 trades behind us, across 11 days; so it's early days, and I'll happily reserve judgement. Something around 2,000 trades and 2-3 years is needed to attain any kind of statistical validity, IMO.
Let's see what happens.......
Good luck,
DavidIgnored
DislikedI think all my previous explanations explains this points. I am the one cutting/preventing losses not the EA.
Finally, the 11 days challenge puts some emotional stress on me i must confess. but anything for pips and show that this really works. [but permit me to give an excuse should anything go wrong] because i can feel some pressure write now with traders like CodeMeister, Hannover and other vouched traders reading the threadIgnored
DislikedCan you explain the trading strategie in a better way? I can't find your way of defining a channel? Without any clear rules, its impossible to write an EA..
Also, since you already have an EA for it, what do you need? smells a bit like promotion eventough you don't give an EA name...Ignored