Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,761
- Jun 22, 2016 12:43pm Jun 22, 2016 12:43pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
- #1,762
- Jun 22, 2016 4:39pm Jun 22, 2016 4:39pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,763
- Jun 22, 2016 5:30pm Jun 22, 2016 5:30pm
Licensing for FKIC is being modified but looking good. Commercially, it may take a little longer for testing, but should be available soon(ish). Not exactly on the same schedule, but not far behind.
"The needs of the many outweigh the needs of the few" - Spock
- #1,764
- Edited Jun 23, 2016 7:42am Jun 22, 2016 7:40pm | Edited Jun 23, 2016 7:42am
- | Joined Jan 2016 | Status: Trader | 44 Posts
Licensing for FKIC is being modified but looking good.
Commercially, it may take a little longer for testing, but should be available soon(ish).
Not exactly on the same schedule, but not far behind. - Magix
Commercially, it may take a little longer for testing, but should be available soon(ish).
Not exactly on the same schedule, but not far behind. - Magix
- #1,766
- Jun 23, 2016 8:35am Jun 23, 2016 8:35am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} That's great. Will it support updates to the EA? If a new version comes up will we need to purchase a new license?
Looks like USDJPY is getting through BREXIT quite nicely. Not a lot of trades but still very good DD. And profit.
Both for the logic and for the rules that USDJPY plays by. Some pairs will inevitably do better than others, but without adding increments and trading less than an entire month, 1100 pips is Smoking!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,767
- Jun 23, 2016 3:59pm Jun 23, 2016 3:59pm
Testing a new setup. Spend a lot of hours on demo in this week of the brexit / bremain. Analyzing patterns versus FKIC settings and so on.
Hopefully it will be a BREMAIN so I can look forward to a longer demo test. Will share specs and results.
Existing default is good already but new settings are pretty amazing until now, but hence I need our last week of testing in a normal trading week to judge.
New layout with FKIC is just freaking art
Hopefully it will be a BREMAIN so I can look forward to a longer demo test. Will share specs and results.
Existing default is good already but new settings are pretty amazing until now, but hence I need our last week of testing in a normal trading week to judge.
New layout with FKIC is just freaking art
"The needs of the many outweigh the needs of the few" - Spock
- #1,768
- Jun 23, 2016 9:48pm Jun 23, 2016 9:48pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,769
- Jun 24, 2016 1:14am Jun 24, 2016 1:14am
- Joined Jan 2015 | Status: Trader | 1,005 Posts
Well, I spoke too soon 
it would have survived if I had more funds in the account, logic kicked in right but the sudden move had drained my equity.
Still, was a very good run with this one and I do believe it would have survived if I had another 100$ in the account, at least for me to get to the chart and disable it, not that I would have as it's a demo and I was curious but it would have saved my live account, which I was stupid enough to forget to disable the EA on (*LOL* you think you've done something, you wake up the next morning and you go "oh, right, yes, ahhm").
All in all, I still believe in this EA, nothing major happened, everything kicked in at the right place(s) and time(s), it just didn't have enough funds to survive BREXIT.
If it means anything, I'm still getting a license when there is one available.
it would have survived if I had more funds in the account, logic kicked in right but the sudden move had drained my equity.Still, was a very good run with this one and I do believe it would have survived if I had another 100$ in the account, at least for me to get to the chart and disable it, not that I would have as it's a demo and I was curious but it would have saved my live account, which I was stupid enough to forget to disable the EA on (*LOL* you think you've done something, you wake up the next morning and you go "oh, right, yes, ahhm").
All in all, I still believe in this EA, nothing major happened, everything kicked in at the right place(s) and time(s), it just didn't have enough funds to survive BREXIT.
If it means anything, I'm still getting a license when there is one available.
- #1,770
- Jun 24, 2016 3:06am Jun 24, 2016 3:06am
Now that was a great experience for us traders. Not happy with brexit at all but very happy to see what the FKIC was doing in demo.
I changed grid size to 12 and max lot size to 0.02 for increments before the first vote counts and have seen that it can survive depending indeed on balance versus x pairs your running.
One pair was hitting SL of 800 (major spread when falling of the cliff) when first votes were counted and public. The other pairs are still fighting
So this was the perfect stress test for FKIC. What do we want more
Learned a lot about the risks for the future. Next time stay out of it of course when in Live.
I changed grid size to 12 and max lot size to 0.02 for increments before the first vote counts and have seen that it can survive depending indeed on balance versus x pairs your running.
One pair was hitting SL of 800 (major spread when falling of the cliff) when first votes were counted and public. The other pairs are still fighting
So this was the perfect stress test for FKIC. What do we want more
Learned a lot about the risks for the future. Next time stay out of it of course when in Live.
"The needs of the many outweigh the needs of the few" - Spock
- #1,771
- Jun 24, 2016 6:33am Jun 24, 2016 6:33am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,772
- Jun 24, 2016 9:07am Jun 24, 2016 9:07am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Now that was a great experience for us traders. Not happy with brexit at all but very happy to see what the FKIC was doing in demo. I changed grid size to 12 and max lot size to 0.02 for increments before the first vote counts and have seen that it can survive depending indeed on balance versus x pairs your running. One pair was hitting SL of 800 (major spread when falling of the cliff) when first votes were counted and public. The other pairs are still fighting
Given that we seen unprecedented moves with GBP and a lot of extreme ranges with some of the EUR pairs, we can basically surmise that it takes a Global Ripple to tear the ass out of FKIC if trading all pairs, all of the time.
Thing is...most of us seen this a mile away. The Vote never really snuck up on anybody, especially the brokers who sent out warning letters about this time and even went so far as to change margin requirements.
The 28 pairs in test...I realize that I missed turning of USD pairs today due to news...It did have a period this week where was left unattended due to my fuckup on disconnecting my network...and still made out like a fucking BANDIT!
Will it always run so smooth for 28 pairs?
Probably not...but given the market extremities on the week...it's a very good sign of things to come.
Saturday night, review the press for the week and set your Matrix.
Friday...sit back and appreciate the week that has been.
I'd still like to work on another strategy to possibly trade these events, but given that I seen spread as high as 30 pips on GBPAUD and 26 on GBPJPY...I don't know that I'd necessarily run it on some of the major events, anyways.
Given the range of this week in movement, and even though 28 pairs kicked some serious ass this week...I think where my real cash is concerned, I'd still prefer to sit out live trading 1 more week. Once the spikes can normalize, we improve the odds of continued success.
That of course, is just my dos centavos.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,773
- Jun 24, 2016 10:40am Jun 24, 2016 10:40am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Well, I spoke too soon
This is where setting the daily filter in advance can be a bit of an account saver, to be sure.
But I mean, really...given the strategy you've chosen, with fixed lot adds, a little extra cash in the account as a savior, isn't unreasonable. Thing is, you knew well enough to not have any skin in the game, so all in all, it was really just a test...not a high risk gamble.
This too confirms more so that a little interjection by way of keeping an eye on the markets is necessary. Set and forget is really only possibly viable if we stay away from the high risk situations.
Kinda shitty though...I wanted to see how far you could carry a $50 bill, even if only in demo.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,774
- Jun 24, 2016 11:08am Jun 24, 2016 11:08am
{quote} I'd still prefer to sit out live trading 1 more week.
"The needs of the many outweigh the needs of the few" - Spock
- #1,775
- Jun 24, 2016 11:16am Jun 24, 2016 11:16am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} I also thinking about that. Still trying in Live today. Pretty stupid. The leverage adjustments by broker are also still actual. And MA's having a hard time
Watching my FKIC 28 pairs...it's damn tempting...LINK
Every time it closes another set of trades, I am totally pissed that I sat out this week!!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,776
- Jun 24, 2016 11:56am Jun 24, 2016 11:56am
{quote} And yet... Watching my FKIC 28 pairs...it's damn tempting...LINK Every time it closes another set of trades, I am totally pissed that I sat out this week!!
Default settings isn't it ? still not understand that with 28 pairs you never get margin call. Mine is close every day.
"The needs of the many outweigh the needs of the few" - Spock
- #1,777
- Jun 24, 2016 12:05pm Jun 24, 2016 12:05pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote}
Besides that...everything else is default....
With exception to a couple of new snippets of code that have either been corrected or added...
Close all in the same candle was corrected in this version and that could make all of the difference in the world. My version is what would be the licensed version.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,779
- Jun 24, 2016 6:57pm Jun 24, 2016 6:57pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} Also outside high impact news. 7 pairs with a balance of 1500. Most trades are going into loss at first (that's normal price movement but it follows the trend for going long or short due to your logic with MA's) but still 40-60% needs one or more increments. Even 4 pairs can get close to margin call if they all have to recover at the same time. But both are my observation of course. That's why I tried to set grid to 12 and fix lot sizes with the idea behind it to not getting a big total number of trades at ones for x pairs. And let FKIC...
Max bars is fine.
On an M1 chart, as long as there are consistently 1440 bars, the trend is being effectively calculated.
200:1 is a little tight, but will make for a decent test. Where your draw goes in excess is by the amount of leverage being consumed by having lower than recommended leverage, but if it is still surviving, you are doing okay.
When I started with grids, I was working with a lot greater lot size than current. Typical was 25 pips and the trigger on grid, meaning that 25 was still the lowest, but could still greatly range in the space between trades. In these, most were counter trends, and this was due to the size of the grid. The more space between trades, the larger the recovery range needed to be to buy back the losers, but even these had potential to do very well...sometimes.
The larger grids and working the counter trends needed a lot more attention because, well...they were counter trends. On NFP week, they'd do well. Every other trend week, it was pucker time! Prickly armpits...massive draws...and a lot of crossed fingers and all of this still lead to the inevitable broken accounts.
This week was an exceptional week so the fact that the thread version trying to keep up in range and failing miserably, isn't actually a huge surprise. Massive ranges on a whipsaw consumed the account on a few pairs and the range created was just to grand for a 2 pip range to work it's way out of. My expectation of the performance on the 7 pair and 16 pair was pretty much spot on.
What I didn't expect was the performance on the 28 pair.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,780
- Jun 24, 2016 7:05pm Jun 24, 2016 7:05pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!