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HA_Rider (A Robots Lab EA)

  • #201
  • Edited 5:42am Feb 11, 2015 5:27am | Edited 5:42am
OK . Time is up.

The Correct Answer is : Lot Size to Balance Ratio

Rooi was using 0.1 lot size and having a balance of 1,200, so his lot size to balance ratio is 0.01%
Ty was using 0.2 lot size and having a balance of 3,800, so his lot size to balance ratio is 0.005%
Macd4h was using 0.1 lot size and having a balance of 50,300, so his lot size to balance ratio is 0.0001%

So Rooi will be the first to reach the target because his pip value is LARGER,
then TyLamai,
and finally macd4h (although yesterday he couldn't reach it and had to close it manually @0.8 Gain Percentage).

Applying Higher Lot Size to Balance Ratio can get you faster to your Profit Target OR Loss Limit.
No guts, no glory
  • #202
  • Feb 11, 2015 5:48am Feb 11, 2015 5:48am
Quoting abokwaik
OK . Time is up. The Correct Answer is : Lot Size to Balance Ratio Rooi was using 0.1 lot size and having a balance of 1,200, so his lot size to balance ratio is 0.01% Ty was using 0.2 lot size and having a balance of 3,800, so his lot size to balance ratio is 0.005% Macd4h was using 0.1 lot size and having a balance of 50,300, so his lot size to balance ratio is 0.0001% So Rooi will be the first to reach the target because his pip value is LARGER, then TyLamai, and finally macd4h (although yesterday he couldn't reach it and had to close it manually...
Exactly AB! And it can also help you sleep SOUNDER at night! Lol...

Regards,

Ty
My job: I speculate and manage risk.
  • #203
  • Feb 11, 2015 6:03am Feb 11, 2015 6:03am
Quoting abokwaik
{quote} Unbelievable : 40% in 2 days.
That is because he is applying extremely high leverage: $150000 trades for a $1000 deposit, stop losses will have the same great impact as the profits and even greater.

It is not plausible in a real account, for this sort of account balance lot sizes should be reduced to 0.01 ($1000)
Regards
  • #204
  • Feb 11, 2015 7:09am Feb 11, 2015 7:09am
Quoting howard
{quote} That is because he is applying extremely high leverage: $150000 trades for a $1000 deposit, stop losses will have the same great impact as the profits and even greater. It is not plausible in a real account, for this sort of account balance lot sizes should be reduced to 0.01 ($1000)
Hi

I agree it very aggressive and like said previously this is just a test run to see how it goes.Many adjustments will be made in many areas of the system

Rooi
We miss 100% of the shots we don't take
  • #205
  • Feb 11, 2015 7:13am Feb 11, 2015 7:13am
Quoting howard
{quote} That is because he is applying extremely high leverage: $150000 trades for a $1000 deposit, stop losses will have the same great impact as the profits and even greater. It is not plausible in a real account, for this sort of account balance lot sizes should be reduced to 0.01 ($1000)
Its good that you dropped by howard.

You're absolutely correct about leverage.
I don't know if you continued reading the thread or stopped at that post which you quoted.

If you continued the reading you'd probably saw my post regarding high leverage, (expressed as position size to balance ratio) , even represented in Colors, where RED being the highest and yellow the lowest. Check HERE if you missed it.

So we agree on that, no doubt.

The guys are here are forward testing different risk scenarios. In fact we currently have 3 explorers with 3 different risk scenarios which will allow us to better evaluate the robot.

Again, It's Good to have you here howard and your input is highly appreciated,

Have a good day,

Khalil
No guts, no glory
  • #206
  • Feb 11, 2015 7:31am Feb 11, 2015 7:31am
Quoting abokwaik
{quote} Its good that you dropped by howard. You're absolutely correct about leverage. I don't know if you continued reading the thread or stopped at that post which you quoted. If you continued the reading you'd probably saw my post regarding high leverage, (expressed as position size to balance ratio) , even represented in Colors, where RED being the highest and yellow the lowest. Check HERE if you missed it. So we agree on that, no doubt. The guys are here are forward...
Thank you Khalil

Yes I read your comments after I posted the above; my suggestion is to bring the demo conditions as close to the live conditions as possible in forward testing to achieve realistic results.
Thank you for creating this EA and all your efforts to enhance it as testing goes along
You too have a nice day
Regards
  • #207
  • Edited 8:24am Feb 11, 2015 8:13am | Edited 8:24am
Finally got the EA to work properly (Metaeditor instead of windows text editor and deactivating the MA filter and Higher Time frame filter).

I am currently still tinkering with the settings like stop loss and trailing stop but will most likely deactivate them and instead depend on balance gain/ loss to close all orders at once and not when they hit a stop loss.

Quoting TyLamai
***Note for AB: A "solution" for this would be adding an option for the User to Input a FIXED amount to target, that way we can simply target $300 consistently until Equity reaches $2,000 and THEN change Lotsize to 0.20 and Target to $600...etcetera). - Close All = 60% DD (of Equity) *Please note: I STILL recommend using FIXED Lotsizing as against a Percentage of Equity (if using my Setfile). The reason is that: With Percentage Equity while your account stands the advantage of growing "faster", your risk remains the SAME (daily) as your account grows.
This is what I was thinking today and I agree that it would be great to have this option. I would like to work with fixed targets and fixed Lot size.

Quoting abokwaik
…
Abokwaik, what do you think about a possible integration of the options, TyLamai explained?
Edit: I know that there are EAs floating around that do exactly that, but I would rather not use a different EA in combination with this one.

I wanted to open 5 demo accounts (M15, M30, H1, H4 and D1) for the next week with a 500 balance and if possible a fixed gain level of 50 until the accounts reach a 1000 balance with a fixed Lot size of 0.02. That would be 0.3 Lot combined after the first bar closed if all 15 pairs are traded. It should take the EA about 10 to 15 days to reach the 1000 balance depending on the performance.

After the accounts reached a 1000 balance increase the target to 100 and the fixed lot size to 0.04 per pair. That would be 0.6 Lot combined after the first bar closed if all 15 pairs are traded. Maybe letting the accounts grow to a 3000 balance before increasing the target to 200 and lot size 0.06 and so on.

This would be more in line for my own possible live trading with this EA, of course only after further demo forward testing.

Anyway this EA looks very promising, great work.
  • #208
  • Feb 11, 2015 8:15am Feb 11, 2015 8:15am
My thoughts regarding my setting

I think these results that we are seeing are realistic but just very aggressive which is nice when all goes well but hurts when it goes wrong but I for one am happy to see where my current settings go.I will try on Sunday to set up 3 more accounts with different setting I have been thinking about.

As long as we understand the risks involved with being aggressive I welcome it especially in EA's where the emotion can be removed and the EA left to do its own thing.

Lets see how it goes for now

Rooi
We miss 100% of the shots we don't take
  • #209
  • Feb 11, 2015 8:28am Feb 11, 2015 8:28am
Quoting SignMeUP
... Abokwaik, what do you think about a possible integration of the options, TyLamai explained?
Yes. Possible , and I will do it in next release.
No guts, no glory
  • #210
  • Feb 11, 2015 8:36am Feb 11, 2015 8:36am
Quoting Rooi
My thoughts regarding my setting I think these results that we are seeing are realistic but just very aggressive which is nice when all goes well but hurts when it goes wrong but I for one am happy to see where my current settings go.I will try on Sunday to set up 3 more accounts with different setting I have been thinking about. As long as we understand the risks involved with being aggressive I welcome it especially in EA's where the emotion can be removed and the EA left to do its own thing. Lets see how it goes for now Rooi
It would really hurt to loss 50% of your Equitity.

I agree that its possible to trade this way but very aggressive and not for people with a weak stomach. Im still thinking what kind of gain and loss levels I should aim for for the next demo accounts. Currently Im thinking about 10/10 but thats maybe a little to low with a 500 account.

"EA left to do its own thing"
Thats the ultimate goal, isn't it.
  • #211
  • Feb 11, 2015 8:37am Feb 11, 2015 8:37am
Quoting abokwaik
{quote} Yes. Possible , and I will do it in next release.
Great, I will definitly use it.
  • #212
  • Feb 11, 2015 8:42am Feb 11, 2015 8:42am
As we have seen the best of this robot, and the worst still to come, I feel like I need to repeat this warning:

W A R N I N G


DON'T BE TEMPTED TO GO LIVE WITH HA_RIDER

IT IS STILL UNDER TESTING


WE CAN NOT JUDGE AN EA BEFORE A CONSIDERABLE PERIOD OF FORWARD TESTING


Green Pips to all

No guts, no glory
  • #213
  • Feb 11, 2015 8:55am Feb 11, 2015 8:55am
Quoting SignMeUP
{quote} It would really hurt to loss 50% of your Equitity. I agree that its possible to trade this way but very aggressive and not for people with a weak stomachs. Im still thinking what kind of gain and loss levels I should aim for for the next demo accounts. Currently Im thinking about 10/10 but thats maybe a little to low with a 500 account. "EA left to do its own thing" Thats the ultimate goal, isn't it.
Yes SignMeUp it would really hurt (especially if you are used to trading "safely" with SLs and all that). So, let me just say a few things here to maybe help as many of us as possible?

When I say am willing to lose 60% of my Equity, it's because I have decided to RISK that amount for the POSSIBILITY of gaining much more than that.

If I wanted to trade HA_Rider on a Live account, I would Start with $2,000 = 0.20 and I will leave this lotsize as FIXED - meaning I won't increase it again (until further notice). So over time my RISK reduces...in the mean time I will consider that I have a Live account with an Equity of ONLY $800 = 40% of my initial deposit of $2,000. This amount will continue to INCREASE as long as I am "lucky" enough to remain in the market.

Example: The Demo account above = $4,143 but I see this as ONLY $1,657.2 (40%). But hey, that's already MORE than the initial $1,000 Equity I began with.

Now, in case all the above is still TOO risky for a trader's style, how about this?:

DIVIDE the Lotsize we've used so far by TEN...

$1,000 = 0.01

So now instead of having 314.43% in 22 days, you'll have 31.43% in 22 days...OR
(as in Rooi's case) instead of having 44.1% in 2 days, you'll have 4.41% in 2 days.

Still NOT too shabby eh?

I think we should all just make HA_Rider work for us according to our Risk Appetite...I, for one, have a HIGH tolerance.

Regards,

Ty
My job: I speculate and manage risk.
  • #214
  • Feb 11, 2015 8:57am Feb 11, 2015 8:57am
Objective achieved with configuration candles HAS.
Yesterday I made a good choice to close all manual, so it seems.
You need to take into account that this week is with few red news which can help in the results.
  • #215
  • Feb 11, 2015 9:17am Feb 11, 2015 9:17am
Rooi and Abokwaik , thanks for your effort and sharing this EA,
I have run the EA on demo account . but i have some problems . when the market becomes reverse the open trades are not closed.
any idea?
  • #216
  • Feb 11, 2015 9:32am Feb 11, 2015 9:32am
Quoting TyLamai
{quote} Still NOT too shabby eh?
Definitly. Im more of a guy that would like to let the EA grow its own balance instead of using up the "real" money that I put in.
With "real" money, I mean the initial deposit.

I would even withdrawl the initial deposit from the account after the EA earned enough balance to trade normally without it.

Quoting TyLamai
I think we should all just make HA_Rider work for us according to our Risk Appetite...I, for one, have a HIGH tolerance.
Of course, as long as people know the risk they can act accordingly and trade comfortably. I hope I didnt come off as judgemental or something in my post, because Im definitly not.

Being too risk averted is not the best call everytime either.

To happy trading
  • #217
  • Feb 11, 2015 9:33am Feb 11, 2015 9:33am
Quoting TyLamai
{quote} Yes SignMeUp it would really hurt (especially if you are used to trading "safely" with SLs and all that). So, let me just say a few things here to maybe help as many of us as possible? When I say am willing to lose 60% of my Equity, it's because I have decided to RISK that amount for the POSSIBILITY of gaining much more than that. If I wanted to trade HA_Rider on a Live account, I would Start with $2,000 = 0.20 and I will leave this lotsize as FIXED - meaning I won't increase it again (until further notice). So over time my RISK reduces...in...

I agree completely with the fixed lots approach and risking a bit more and then as the account grows the risk decreases till you make a small increase in the lots

Abowaik will have to change the MM setting in future for us to do that but I am in no hurry.Lets see how deep the rabbit hole goes

Rooi
We miss 100% of the shots we don't take
  • #218
  • Feb 11, 2015 9:33am Feb 11, 2015 9:33am
Hi guys, i want to trade this system manualy. Should I use Haiken Ashi or Haiken Ashi Smoothed? If HAS is better than HA, is that settings 2,4,2,1 are correct?
I'm newbie so please forgive me my newbie question.
  • #219
  • Feb 11, 2015 9:36am Feb 11, 2015 9:36am
Quoting kasrafx
Rooi and Abokwaik , thanks for your effort and sharing this EA, I have run the EA on demo account . but i have some problems . when the market becomes reverse the open trades are not closed. any idea?
Hi

This EA is all Abokwaik.I am merely the guy that started the thread as I was very impressed with the results of Ty using Abokwaik's EA as Abowaik has plenty on his plate already with the EA etc.He will answer in time.

Maybe someone else will answer.I am unsure and have give incorrect information previously and dont want to do it again

Thank for the kind words

Rooi
We miss 100% of the shots we don't take
  • #220
  • Feb 11, 2015 9:44am Feb 11, 2015 9:44am
Quoting SignMeUP
{quote} Definitly. Im more of a guy that would like to let the EA grow its own balance instead of using up the "real" money that I put in. With "real" money, I mean the initial deposit. I would even withdrawl the initial deposit from the account after the EA earned enough balance to trade normally without it. {quote} Of course, as long as people know the risk they can act accordingly and trade comfortably. I hope I didnt come off as judgemental or something in my post, because Im definitly not. Being too risk averted is not the best call everytime...
I agree completely SignMeUp and NO you did not come off as being judgmental.

Regards,

Ty
My job: I speculate and manage risk.
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