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FM 1 ~ Colossus or Calamity ?

  • #21
  • Oct 17, 2013 5:10am Oct 17, 2013 5:10am
Quoting Forex Magic
. 16 th October 2013 A number of Changes: Upon some further Strategy Testing, and based upon a desire to "up the ante" a little with regards to Risk / Reward, the SMT EA settings have now altered to double the initial trade value but reduce the target by proportion to increase profitability by approximately 25%. For the purposes of File Storage, the Settings for both the SMT EA and the ZM with SO's EA are below: . {image}
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17th October 2013


Slight amendment to Parameter Settings per SMT EA:

Trailing Stop / Profit Lock changes from 0.6 to 0.35


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  • #22
  • Oct 22, 2013 3:52am Oct 22, 2013 3:52am
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22nd October 2013


With effect from Thursday 17th October 2013, I varied the parameters to the SMT EA to allow for a 0.02 Initial Trade Size and Minimum Increment.

This is likely to provide higher returns but is also likely to increase the Deviation / Draw-down factor. It is pre-considered that this shall be within acceptable limits. One would hope that this shall be approximately 5% but less than 10%.

For the purposes of File Storage, the Settings for the SMT EA are below:

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  • #23
  • Nov 1, 2013 7:25am Nov 1, 2013 7:25am
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1st November 2013



I am very pleased.

With just hours to go until the FM1 Forward Test becomes 2 months old, over 1000 trades have now completed to include one of the Special Situations EA boosting the Profit element substantially enough to demonstrate that the Intention is becoming real and as planned and journalled from the outset.

In the moment the Account is showing a 2.7% Gain. In itself this is reasonably good per the intention and yet it is noted that it took a month before the problems at the outset were eradicated, and this is when I had to reconstruct the entire portfolio given that one EA was over-riding the other and closing positions out-of-turn. In so closing all positions and embracing the reconstruction a 0.5% Account Loss was sustained and which is reflected by the Dip in the Chart below.

So, in more realistic terms, the Gain to Date can be deemed as 3.3% in the single month since the Reconstruction took effect.

Draw-down is within limits too which is perhaps the most important factor.

So.... how much value would this have Commercially, to a Hedge Fund Manager, Investment Club, or even a perhaps an Individual Trader ?

I wonder... truly I do.

Once again, I would welcome readers of my Thread to feel free to reply with any comments and also to Vote.

Thank You

David.



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  • #24
  • Nov 1, 2013 8:09am Nov 1, 2013 8:09am
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1st November 2013



Further to my above post, I decided to close the Gbp/Usd Special Situations Open Positions, with the two in profit positions being much greater overall than the position that was reflecting a loss. The composite gain is approx. $1 000.

I will for the meantime maintain this Pair with the Special Situations EA even though the immediate opening position is not deemed to be ideal but I feel this will be catered for by the SO's Trading Ethos.

I have updated the Trading Graph to reflect the present situation:


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  • #25
  • Nov 1, 2013 8:21am Nov 1, 2013 8:21am
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1st November 2013



I changed my mind about the Gbp/Usd special situations EA.

The immediate opening position was not really aligned with the criteria for this EA ( Over-bought / Over-sold per a Bespoke Indicator on day Chart ) and so with a profit of $21 I closed the position and removed the EA.

In its place I have once again the SMT EA for Gbp/Usd on 30m Chart.


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  • #26
  • Nov 5, 2013 3:18am Nov 5, 2013 3:18am
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5th November 2013



Small Profit taken on Eur/Jpy Special Opportunities EA $49.15.


SMT EA has been removed for this Pair and it reverts back to using SMT EA on 30m Chart.


Added 4 Hr US30 Chart (DJI) and applied ZZ EA in Short Only Mode with Special Opportunities Set.


Update to Stats. attached:


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  • #27
  • Nov 5, 2013 3:25am Nov 5, 2013 3:25am
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5th November, 2013



Current Portfolio Arrangements per Chart below:

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  • #28
  • Nov 6, 2013 9:09am Nov 6, 2013 9:09am
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6th November 2013


Captains Log


Consistent growth see's the Balance of FM1 reach over 4% from commencement today !!!

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  • #29
  • Nov 10, 2013 1:35pm Nov 10, 2013 1:35pm
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10th November 2013


Progress Update:


Performance now surpasses Drawdown !!


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  • #30
  • Nov 20, 2013 1:04pm Nov 20, 2013 1:04pm
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20th November 2013



Consistent growth see's the Balance of FM1 reach over 5% from commencement today !!!


~ Commenced: 2nd September 2013

~ Trades to Date: 1320

~ Maximum Drawdown to Date: 3.76%



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  • #31
  • Nov 25, 2013 1:22pm Nov 25, 2013 1:22pm
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25th November 2013



Added NZD / CAD on SMT EA 30min.


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  • #32
  • Dec 7, 2013 7:27am Dec 7, 2013 7:27am
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4th December 2013



~ FM1 has now completed 1500 Trades from Launch on the 2nd September 2013


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  • #33
  • Dec 9, 2013 4:16am Dec 9, 2013 4:16am
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December 9th, 2013



Profit Consolidation on Aud/Usd.

SMT EA has now been removed for this Pair.

Aud/USD Pair now features ZZM EA on 4 Hr Chart in Long Only Mode with Special Opportunities Set.

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  • #34
  • Dec 9, 2013 4:19am Dec 9, 2013 4:19am
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December 9th, 2013


The above action sees FM1 attain 6% Growth on Balance today from Commencement ~ September 2nd 2013.


Since today is Day 99 I shall wait until tomorrow to publish the 100 Day figures.


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  • #35
  • Dec 10, 2013 3:22pm Dec 10, 2013 3:22pm

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December 10th, 2013



Today is 100 Days of Trades and Reasonably Impressive Results for my 99+% Automatic Robot Portfolio

which has been designed for larger Accounts.

As always, if You havn't yet then I would also welcome any readers to this thread to VOTE in the above POLL please !


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  • #36
  • Jan 7, 2014 7:20am Jan 7, 2014 7:20am

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January 7th, 2014




The "C or C" (FM1) Model arrived at being 4 Months Old at the week-end just past.


This update does two things:


1. To provide updated Statement Summary Details.


8% Growth from Commencement with very commendable (3.76%) Draw Down should be achieved during January 2014.


2. To Notify that the Settings were changed at the week-end on all the SMT EA Pairs and the Charts reset to 5 Minutes. This differs to those previous which were 30M.

I expect this Optimisation shall provide more Trades and make the Model more profitable that it already is.


As always, if You havn't yet then I would also welcome any readers to this thread to VOTE in the above POLL please !



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  • #37
  • Jan 13, 2014 4:30pm Jan 13, 2014 4:30pm


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January 13th, 2014


13th ? Lucky for some..... unlucky for some..... who knows?!

But...

The C or C Model made today a whopping.... 2,728 PIPS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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  • #38
  • Jan 15, 2014 6:15am Jan 15, 2014 6:15am

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January 15th, 2014




The "C or C" (FM1) Model is now in its 5 Month having commenced Sept. 2 2013.


This update does two things:


1. To provide updated Statement Summary Details.


8% Growth from Commencement with very commendable (3.76%) Draw Down should be achieved during January 2014.


2. To Notify that the Settings were changed at the week-end on all the SMT EA Pairs and the Charts reset to 1 Hour. This differs to those previous which were 35.

I expect this Optimisation shall provide less Trades and make the Model less susceptible to a rather scary situation that prevailed with GBP/CAD last week which sure a mounting up of positions to an unacceptable level. This I didnt experience in Back-Testing any of the pairs.

The SMT Set includes 1 Hour / 120 Mom / 120 Gr / 0.02 / 0.75 PL


As always, if You havn't yet then I would also welcome any readers to this thread to VOTE in the above POLL please !



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  • #39
  • Mar 6, 2014 4:34pm Mar 6, 2014 4:34pm

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March 6, 2014




The "C or C" (FM1) Model is now in its 7th Month having commenced Sept. 2 2013.



This update does two things:


1. To provide updated Statement Summary Details.


Over 11% Growth from Commencement with very commendable (3.76%) Draw Down .



2. To Notify that the Settings were changed as follows:

a) SMT EA's ~ Initial Trade Size raised to 0.03 on February 15, 2014.


b) SMT EA's ~ Initial Trade Size raised to 0.1 on March 3, 2014.


The second increase was due not least to the stabilisation of the "Unrealised" factor since effecting the increase in Time Frame to 1 Hour Charts, and, the levelling out of the "Profit by Days" as shown in the Explorer above.



I expect this Optimisation shall provide a substantial increase in the Profitability even though the possibility exists for greater Draw-down.


While DD is below 10% I am happy with the situation overall.


The SMT Set includes 1 Hour / 120 Mom / 120 Gr / 0.1 / 0.75 PL



As always, if You havn't yet then I would also welcome any readers to this thread to VOTE in the above POLL please !


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  • #40
  • Mar 7, 2014 8:00am Mar 7, 2014 8:00am
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March 7, 2014



NFP Day.... 463 Pips for FM 1 !!



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