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$10,000 Profit a Month Personal Challenge

  • #141
  • Jan 2, 2017 2:45pm Jan 2, 2017 2:45pm
Quoting dax30
{quote} Hi I assume you mean on the multitrader accounts (1/2) Profit and Stop loss value in pips equal same (25pips approx) Win rate 65% Average 2000pips a month.
Thank you! And in the scalping Accounts you use no stop?
  • #142
  • Jan 2, 2017 2:56pm Jan 2, 2017 2:56pm
Quoting dax30
I have been trading for a number of years. I see so many systems on FF it becomes mind boggling for new traders. The purpose of this journal to keep track....
Good to see a fellow NI man showing how it's done . Watching with interest. G
  • #143
  • Jan 2, 2017 3:03pm Jan 2, 2017 3:03pm
Quoting edge0xc
{quote} Thank you! And in the scalping Accounts you use no stop?
Yes they have stops 50-100pips.
High win rate but can go on long win runs...months on end. But when it goes bad scalping goes real bad when you have a skewed risk reward.
Multi trader equity curve much smoother as risk reward is equal.
OK...back to the darts....
  • #144
  • Jan 2, 2017 3:04pm Jan 2, 2017 3:04pm
Quoting tritan
{quote} Good to see a fellow NI man showing how it's done . Watching with interest. G
OWC.
  • #145
  • Jan 3, 2017 7:54am Jan 3, 2017 7:54am
waoo..a good copy trade id is here.
  • #146
  • Edited Jan 4, 2017 5:47am Jan 3, 2017 8:04am | Edited Jan 4, 2017 5:47am
Hi All,
I wish to give a new 2017 EA gift to all subs.
EA is called ATR, based on momentum defined by ATR increase on 4 hour bar.
Backtest: http://www.myfxbook.com/strategies/d...py4hour/112190

If you move to bottom of backtest you can see monthly pips, see attached screengrab.

Same settings since 2011.
No over optimisation, this stand the test of time. Not win every month, but will win every year.
Nearly 8000 pips since 2011 on GBPJPY only. Works on 4 hour GBPJPY best, 4 hour GBPUSD next. User can play with settings.

I will load to live account and publish to TE.
Live trading will mimmick backtest perfectly entry/exit if you use low spread broker. (not allowing for slippages)

PM with your email address for EA. Please allow a day or 2 to receive it as I am quite busy.
Attached Image (click to enlarge)
Click to Enlarge Name: dax30ATR.png Size: 45 KB
  • #147
  • Jan 3, 2017 12:54pm Jan 3, 2017 12:54pm
Hi dax30,
I am really interested in this ATR EA (is it mql file?) but as a junior member I can not PM. How can I give Yoy my email?

Best Regards
  • #148
  • Jan 3, 2017 4:46pm Jan 3, 2017 4:46pm
EA is called ATR, based on momentum defined by ATR increase on 4 hour bar.
Backtest: http://www.myfxbook.com/strategies/d...urfixed/112128


I am a newbie to FF. I have been reading your thread with interest and subscribed. I looked at your ATR system on GBPJPY and it has a 75% drawndown. Sorry I would not buy your system if you sold it. It is too risky. Can you please show the number of consecutive losses using this system? You mentioned a 65% win rate but have a 75% drawdown? looking at your trading activity from 11/10/16 to 3/1/17 you won 7/20 trades 35% win rate.

regards,

Your new subscriber.
You came here for the truth and let me unveil it for you
  • #149
  • Jan 3, 2017 4:56pm Jan 3, 2017 4:56pm
Quoting RondaRousey
EA is called ATR, based on momentum defined by ATR increase on 4 hour bar. Backtest: http://www.myfxbook.com/strategies/d...urfixed/112128 I am a newbie to FF. I have been reading your thread with interest and subscribed. I looked at your ATR system on GBPJPY and it has a 75% drawndown. Sorry I would not buy your system if you sold it. It is too risky.
It's a myfxbook strange calculation.
I will attach the mql backtest tomorrow and it's only 28%.
Don't see how myfxbook derive this 75% tbh
  • #150
  • Jan 3, 2017 5:00pm Jan 3, 2017 5:00pm
Quoting RondaRousey
EA is called ATR, based on momentum defined by ATR increase on 4 hour bar. Backtest: http://www.myfxbook.com/strategies/d...urfixed/112128 I am a newbie to FF. I have been reading your thread with interest and subscribed. I looked at your ATR system on GBPJPY and it has a 75% drawndown. Sorry I would not buy your system if you sold it. It is too risky. Can you please show the number of consecutive losses using this system? You mentioned a 65% win rate but have a 75%...
I didn't say this ea has 65% win rate.
The system I am running on my TE has 65% win rate..accounts 1 and 2.

This ea not same.as.my TE accounts. I said I won't give it away and that still the case.
  • #151
  • Edited 5:34pm Jan 3, 2017 5:09pm | Edited 5:34pm
Dax, I feel bad for you sometimes, why is it so hard to help people? what a world we live in.. I have emailed you, would you please send me ATR EA. Thanks a lot!!
  • #152
  • Jan 3, 2017 5:18pm Jan 3, 2017 5:18pm
Quoting Boulder
Dax, I feel bad for you sometimes, why is it so hard to help people? what a world we live in.. I have emailed you, would you please send me ATM EA. Thanks a lot!!
Some people past helping or can't help themselves.
  • #153
  • Jan 3, 2017 7:26pm Jan 3, 2017 7:26pm
hey dax, i feel like you're surrounded by these folks...

Attached Image (click to enlarge)
Click to Enlarge Name: 9630661-Cartoon-man-begging-for-mercy-Isolated-on-white-Stock-Vector-beggar.jpg Size: 108 KB
  • #154
  • Jan 4, 2017 5:50am Jan 4, 2017 5:50am
I made adjustment to parameters to lower risk and enhance profit with fixed % risk per trade:
http://www.myfxbook.com/strategies/d...py4hour/112190

Start: $10,000
End Balance: $$246,000
Only 2% risk per trade. Model Quality 90%.
Drawdown 29%
Pair: GBPJPY.
Risk Reward 2.5: 1
Annual Pips: 2,455
  • #155
  • Jan 4, 2017 6:01am Jan 4, 2017 6:01am
For those with more stomach. same Settings but 4% risk per trade. From jan 2011.
Start $10,000....End $2.4M

Drawdown 50%.
Wicked!!!
Knock it out of the park.....http://www.myfxbook.com/strategies/d...ur4risk/112191
  • #156
  • Jan 4, 2017 7:03am Jan 4, 2017 7:03am
WOW, why you don't risk some $ in REAL with your EA, which the reason to give it free (my curiosity) !?

You have the money, if EA lose it's not a problem... for you .
  • #157
  • Jan 4, 2017 7:07am Jan 4, 2017 7:07am
Quoting MarkoTrd
WOW, why you don't risk some $ in REAL with your EA, which the reason to give it free (my curiosity) !? You have the money, if EA lose it's not a problem... for you .
Because my golden goose EA that i run on real money is vastly superior performance to this bronze goose.
Dont need to bet on tyson gay when Bolt is running.
  • #158
  • Jan 4, 2017 8:13am Jan 4, 2017 8:13am
Quoting dax30
{quote} Because my golden goose EA that i run on real money is vastly superior performance to this bronze goose. Dont need to bet on tyson gay when Bolt is running.
Very nice answer, thank you for your reply.
  • #159
  • Jan 4, 2017 10:37am Jan 4, 2017 10:37am
Quoting grasp
Hi dax30, I am really interested in this ATR EA (is it mql file?) but as a junior member I can not PM. How can I give Yoy my email? Best Regards
for me the same, how is it possible to write to you my email when i cant by member status?
  • #160
  • Jan 4, 2017 12:16pm Jan 4, 2017 12:16pm
great thread, best of luck to you in the new year!

Was wondering, your talking abut about sessions? Do you hold positions overnight, and if so, is it because the trade "makes you" or would you rather prefer to close the trade at the end of each session.

I was also wondering a bit about your exit strategy. When it comes to intraday/scalping would you please mind let us know what your general theory is? do you rely on PA, indicators, time, price levels?

finally, whats your average time per trade during intraday trading?

cheers!
Mike
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