Respect the inescapable certainity of Math

BackTest Data .dat 1 reply
DislikedI have been following Dat for a few month. Personally I would not touch it. Some of the Dats have had huge Drawdowns.. Dat can work for a long time but is likely to get wiped out at some stage. You are risking a margin call to make 1 to 1.5 percent profit every new cycle. It would have to be tested for a long period of time before one can say if its profitable or not. In my view its similar to a martingale system. They can look great for a long period of time but at some stage they always get wiped out.Ignored
Disliked{quote} Sportspunter, After years of bad experiences with EAs and Robots I can relate to your thinking towards automated training. However, Strategy 5 which many of us are trading live, has been running for 21 months successfully and it has not had a single losing sequence of trades. The historical data on the draw downs do not approach the "huge" type of draw down you reference in your post. Admittedly, some automated systems do, and I have experienced horrible results with the EAs and Robots marketers have hyped over the years. The 4X-DAT can...Ignored
DislikedOh my god for monthly 2% risking a margin call?. I better put in my savings and relax. who knows when it will come out of drawdown. one long term consolidation will reset the account to zeroIgnored
DislikedIts nice that so many people have done so well. My DAT 5 started trading last April 3rd. On Sept 18th there are 15 lines that say global close. Good news I guess except that I was still $300 in the red from where my account started. That is frustrating. Five months and still no profit. Grrr. The up side is that after a draw down to almost 50% of my account it recovered most of what was originally lost.Ignored
Disliked{quote} Most users of the software have or are doing our own due diligence. Strategy 5 has been running for 21 consecutive months and has successfully managed no less than five "long term consolidation" periods. All have resulted in Global Closes at Profit Target. In fact the majority of 2014 has seen the GBPJPY in a 500 pip consolidation range and the software traded this horizontal movement extremely well. This is due to the Trade Recovery ability of the software which most novices are not familiar with or haven't studied in detail. Additionally,...Ignored
Disliked{quote} OT, Would you consider linking your DAT 5 account to MyFxBook? I think we all could benefit from seeing the statistics of your account from its inception, including the plotted draw downs. It might also be worth an email to support to ensure all of the parameters in your Harvester have been correctly entered. I'm really curious what your DAT 5 software did during the GBPJPY run north of 700 pips that occurred around the 16th of Sept, it sounds like that's the area of your Global Closes. Also, are you trading the Hybrid DAT 5 Strategy (which...Ignored