Shitty systems automated | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Automated or semi automated trading? 3 replies

do automated trading systems work or... 21 replies

Automated Trading Systems 18 replies

Systems, Systems and Systems... 1 reply

How to test automated systems 2 replies

Attachments: Shitty systems automated
Exit Attachments

Shitty systems automated

  • #1
  • First Post: Jun 19, 2014 5:51am Jun 19, 2014 5:51am
Dear traders !
Today I got a new lesson about system testing automated.
I have never seen before a system from 29 % profit in less than 22 hours to margincall !
It was no Martingale system !!!
RESPECT !
Iīm testing at the moment 4 systems live ( 2 automated ) with small real accounts .
Everybody who can topp the 22 hours to margincall can post here!
PLEASE NO WORKING SYSTEMS HERE IN THIS THREAD !
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnokch1.png Size: 37 KB
Risiko birgt immer auch die Chance.
  • #2
  • Jun 19, 2014 6:50am Jun 19, 2014 6:50am
Quoting Sesamstrasse
Dear traders ! Today I got a new lesson about system testing automated. I have never seen before a system from 29 % profit in less than 22 hours to margincall ! It was no Martingale system !!! RESPECT ! Iīm testing at the moment 4 systems live ( 2 automated ) with small real accounts . Everybody who can topp the 22 hours to margincall can post here! PLEASE NO WORKING SYSTEMS HERE IN THIS THREAD ! Guido {image}
I can probably do better
  • #3
  • Jun 19, 2014 7:33am Jun 19, 2014 7:33am
Quoting Mingary
{quote} I can probably do better
Ooh I have seen nothing faster moneyburning than this bot ..
22 hours to margincall .. never seen before ..
Thx god my other accounts works a little better .. hehe ..
.. but still havenīt found anything working incredible good for me ..
Choros / dancing system( only M15 ) is my best system the last 13 months .. and Iīm only around 50 % in profit ..
Looking for something that brings stable 10 % profite without any Stress.
Risiko birgt immer auch die Chance.
  • #4
  • Jun 19, 2014 7:41am Jun 19, 2014 7:41am
Quoting Sesamstrasse
{quote} Ooh I have seen nothing faster moneyburning than this bot .. 22 hours to margincall .. never seen before .. Thx god my other accounts works a little better .. hehe .. .. but still havenīt found anything working incredible good for me .. Choros / dancing system( only M15 ) is my best system the last 13 months .. and Iīm only around 50 % in profit .. Looking for something that brings stable 10 % profite without any Stress.


I am convinced there is no trading system that can be ever be created that can generate consistent profits long term. But it's fun trying.. IMHO
  • #5
  • Jun 19, 2014 7:46am Jun 19, 2014 7:46am
Quoting Mingary
{quote} I am convinced there is no trading system that can be ever be created that can generate consistent profits long term. IMHO
I think it can !
the system just must fit to the trader .
Look on all the successful systems here in FF.
99% of them are successful by the threads starter !
Some of this guys produce sinde a couple of years stable profits .

EDIT : but a accountkiller with a margincall within 22 hours .. I havenīt seen before .. hehehehe
Risiko birgt immer auch die Chance.
  • #6
  • Jun 19, 2014 7:49am Jun 19, 2014 7:49am
Quoting Mingary
{quote} I am convinced there is no trading system that can be ever be created that can generate consistent profits long term. But it's fun trying.. IMHO
are you sure
do you need to phone a friend?

http://www.zerohedge.com/news/2014-0...y-1238-days-tr
  • #7
  • Jun 19, 2014 7:59am Jun 19, 2014 7:59am
Quoting Carlsberg
{quote} are you sure do you need to phone a friend? http://www.zerohedge.com/news/2014-0...y-1238-days-tr
Whatever it is they are doing .... if this is not a hoax, cannot be duplicated by the common mortal on a metatrader platform.
  • #8
  • Jun 19, 2014 8:01am Jun 19, 2014 8:01am
Quoting Sesamstrasse
{quote} I think it can ! the system just must fit to the trader . Look on all the successful systems here in FF. 99% of them are successful by the threads starter ! Some of this guys produce sinde a couple of years stable profits . EDIT : but a accountkiller with a margincall within 22 hours .. I havenīt seen before .. hehehehe


Ok. I understand your situation now, you have seen "Successful Systems" peddled on FF and you believe it...
  • #9
  • Jun 19, 2014 8:11am Jun 19, 2014 8:11am
Quoting Mingary
{quote} Ok. I understand your situation now, you have seen "Successful Systems" peddled on FF and you believe it...
aah no !
I trade a successful system , that brings me more green pips than red ..
13 months exactly 48 % .. but the starters are much more successful with it !
And I have seen many systems working by threadstarters!

Iīm trading since 2007 .. and successful from 2009 / 2010 .. so I have my money back ..have some good pips made..
But the most successful I did was M1 timeframe scalping .. but itīll make you crazy ..

What Iīm looking for is something I can trade 10 min a dayto let my money work!
Iīm very busy and Iīm always on any project working ..

And my sparetime I donīt like wasting with watching charts .. thatīs all ..
In M15 I can recommend the " Choros / Dance " system ..
Easy to learn .. quickly more green pips than red!
But you have to watch the chart ..... and thatīs exactly what I cannot do very often .
Guido
Risiko birgt immer auch die Chance.
  • #10
  • Jun 19, 2014 8:14am Jun 19, 2014 8:14am
Quoting Sesamstrasse
{quote} aah no ! I trade a successful system , that brings me more green pips than red .. 13 months exactly 48 % .. but the starters are much more successful with it ! And I have seen many systems working by threadstarters! Iīm trading since 2007 .. and successful from 2009 / 2010 .. so I have my money back ..have some good pips made.. But the most successful I did was M1 timeframe scalping .. but itīll make you crazy .. What Iīm looking for is something I can trade 10 min a day! Iīm very busy and Iīm always on any project working .. And my sparetime...
I apologize, I though you were being sarcastic. All the best.
  • #11
  • Jun 19, 2014 8:19am Jun 19, 2014 8:19am
Quoting Mingary
{quote} I apologize, I though you were being sarcastic. All the best.
all fine ..
But I opened this thread to see more really shitty systems !
I wanna lough a little ..
Risiko birgt immer auch die Chance.
  • #12
  • Jun 19, 2014 8:22am Jun 19, 2014 8:22am
Quoting Mingary
{quote} Ok. I understand your situation now, you have seen "Successful Systems" peddled on FF and you believe it...
not exactly
but there are some people here that make enough, sure they are few and far between, but they are here

FWIW. i have a few of my own systems, and they work,
they are not the Grail, but they don't need to be, and of course they will never be for sale

MT4 is crap though and is nt a particularly serious trading tool, so no surprise it looses when used for Automation
but we have to make do with the tools we have

just because you believe it can't be done, don't make it so
get back to the charts, find something that works and stop whining
  • #13
  • Edited 8:49am Jun 19, 2014 8:33am | Edited 8:49am
Quoting Carlsberg
{quote} not exactly but there are some people here that make enough, sure they are few and far between, but they are here FWIW. i have a few of my own systems, and they work, they are not the Grail, but they don't need to be, and of course they will never be for sale MT4 is crap though and is nt a particularly serious trading tool, so no surprise it looses when used for Automation but we have to make do with the tools we have just because you believe it can't be done, don't make it so get back to the charts, find something that works and stop whining...


"just because you believe it can't be done, don't make it so"

I would just say the opposite: "just because you believe it can be done, don't make it so"
So which is correct? what maes a difference is experience and knowledge
I know it can't be done.
But what exactly can't be done?

==> A computerized automated trading program that generates profits long term (At least 5 years)

Short term is easy... and then the money making machine stops working. Back to the drawing board..
  • #14
  • Edited 9:10am Jun 19, 2014 8:56am | Edited 9:10am
err no

if you are going to curve fit, which any good system has to be (otherwise it will loose constantly)
you have to curve fit for 5-10yrs
not one yr - as one yr can just be an anomaly

for instance, look at the Dow and S+P for last yr
2013 was easy as pie to trade (most of the time) but it was not the same as 2008/2009/2010/2011/2012 or 2014
the other yrs were the common yrs and did nt perform anywhere nr aswell
but if you can make your system fit 10 yrs, it will normally perform fine in all conditions

whether you wish to spend so long making it fit so many yrs, which is the hardest part
and doing the hard graft where it can often loose much more than the good yrs
is upto the individual

i'm not saying its easy, but where would the fun be if everything was easy?


there's a recent thread on the Euro tested with various indicators on the 30m chart
most must of seen it
it already shows some indicators work quite well over many yrs,
some are bad, but quite alot of regular indicators produce some nice steady gains,
and on the Euro which is nt really that nice an instrument to trade
so it can be done?

anyways, i need to tend to my roses in the garden
i suggest you get back to the charts
  • #15
  • Last Post: Oct 8, 2014 6:58am Oct 8, 2014 6:58am
Quoting Sesamstrasse
{quote} Ooh I have seen nothing faster moneyburning than this bot .. 22 hours to margincall .. never seen before .. Thx god my other accounts works a little better .. hehe .. .. but still havenīt found anything working incredible good for me .. Choros / dancing system( only M15 ) is my best system the last 13 months .. and Iīm only around 50 % in profit .. Looking for something that brings stable 10 % profite without any Stress.
I'm doing the same and still doing testing with real world scenario, looking for 10% stable profit per month.
So far, 2 months of running with demo account, result is 29% profit, only 2 acceptable losses.

The other trading pair I've tested failed though, but one of them has notable profit.

Fully automated... I'm not even touching it to keep running without human interaction at all... just need to monitor the profit and losses.

A week ago started with MT4, since the old broker has limitations.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 55 KB
If you ask me to code/fix your EA... it's probably not for free...
0 traders viewing now