{quote} thank you MM. I found that "Trading Activity" -> "History" is private, can you turn it on?
Thank you,
Masterrmind............
Master your Mind then Master your Trades
- #1,901
- Jan 3, 2017 11:55pm Jan 3, 2017 11:55pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Thank you,
Masterrmind............
- #1,902
- Jan 4, 2017 5:59pm Jan 4, 2017 5:59pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Progressing steady but on track.
Note 1: GJ Both TPLs default and unchanged at this stage.
Note 2: Gold TPL#1 Q value updated manually to 50 with TPL#2 unchanged at 100.
Masterrmind.......
Note 1: GJ Both TPLs default and unchanged at this stage.
Note 2: Gold TPL#1 Q value updated manually to 50 with TPL#2 unchanged at 100.
Masterrmind.......
Master your Mind then Master your Trades
- #1,903
- Jan 4, 2017 6:06pm Jan 4, 2017 6:06pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Cycles of trades are controlled by the MT4 Expert.
But monitored and managed by the trader.
At the end of the trading day (trader defined time) the Expert is removed from all 4 templates.
Positive trades are usually closed out.
Negative trades (floating) may be allowed to run over night all with stops and TPs applied.
On a Friday/Saturday (last trading day of the week) it is preferable to have no trades open over the weekend (gap + other issues).
Cycles on GJ and Gold are set again and in action.
Masterrmind............
But monitored and managed by the trader.
At the end of the trading day (trader defined time) the Expert is removed from all 4 templates.
Positive trades are usually closed out.
Negative trades (floating) may be allowed to run over night all with stops and TPs applied.
On a Friday/Saturday (last trading day of the week) it is preferable to have no trades open over the weekend (gap + other issues).
Cycles on GJ and Gold are set again and in action.
Masterrmind............
Master your Mind then Master your Trades
- #1,904
- Jan 6, 2017 6:43pm Jan 6, 2017 6:43pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
QUANTUM-IE-HEDGE
January 2017
Week 1 results are as follows:
myfxbook
Statistics so far
Maximum floating DD (True)
Black line = $50000 initial balance
Blue line = progressive balance over time
Red line = equity curve over time
Trades still running
Gain on Balance = $3372.20 (6.74%)
Gain on Equity = $2492.99 (5%)
Max. True floating DD = 9.28%
Current floating DD = $879.21 (1.76%)
Note: Monday was not traded so it was a 4 day trading week only!
Masterrmind...........
January 2017
Week 1 results are as follows:
myfxbook
Statistics so far
Maximum floating DD (True)
Black line = $50000 initial balance
Blue line = progressive balance over time
Red line = equity curve over time
Trades still running
Gain on Balance = $3372.20 (6.74%)
Gain on Equity = $2492.99 (5%)
Max. True floating DD = 9.28%
Current floating DD = $879.21 (1.76%)
Note: Monday was not traded so it was a 4 day trading week only!
Masterrmind...........
Master your Mind then Master your Trades
- #1,906
- Jan 6, 2017 8:12pm Jan 6, 2017 8:12pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Excellent. .
Searching for ways to minimize or reduce the floating DD is key here.
However, on a DD intensive strategy a trader of this method needs to be realistic.
Expect DD to be in the range of 2-3 times the gain made and anything better than that is a big bonus.
Week 1 DD hit 9.28% to a gain of 5%(Equity) which is 1.8:1 DD to Reward ratio.
Lets see how it pans out over several months.
ps. the idea of this forward test is to tweak it and fine tune it attempting to eliminate major issues that get discovered.
pps. I'm rather busy in the background with this particular Quantum-Hedge strategy because it appeals to me.
Masterrmind...........
Master your Mind then Master your Trades
- #1,907
- Jan 7, 2017 3:01am Jan 7, 2017 3:01am
- Joined Mar 2011 | Status: I should be on your ignore list | 5,597 Posts
{quote} Yes going strong but its still very early days. Searching for ways to minimize or reduce the floating DD is key here. However, on a DD intensive strategy a trader of this method needs to be realistic. Expect DD to be in the range of 2-3 times the gain made and anything better than that is a big bonus. Week 1 DD hit 9.28% to a gain of 5%(Equity) which is 1.8:1 DD to Reward ratio. Lets see how it pans out over several months. ps. the idea of this forward test is to tweak it and fine tune it attempting to eliminate major issues that get discovered....
- #1,908
- Jan 7, 2017 6:19pm Jan 7, 2017 6:19pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Managing the DD is make or break. DD.gif;2129724 {image}
It is the million dollar question for sure.
DD discussions are very limited here including the concept of equity curve management.
Masterrmind..........
Master your Mind then Master your Trades
- #1,909
- Jan 11, 2017 7:40pm Jan 11, 2017 7:40pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
DT1-Test 1
DD on this account is now over 60%.
Account leverage is 1000:1.
Note 1: An automated hedging approach is not being applied which limits a timely input.
Note 2: Once the MT5 EA is applied a timely and automated hedging approach will result making a drastic improvement (that will come later).
The trader will still need to make a judgement call in terms of cutting or adding trades.
What is a logical approach to take under the current DD conditions?
Lets see how DT1 pulls out of the fire it currently sits in ... will it? or won't it?
Masterrmind...........
DD on this account is now over 60%.
Account leverage is 1000:1.
Note 1: An automated hedging approach is not being applied which limits a timely input.
Note 2: Once the MT5 EA is applied a timely and automated hedging approach will result making a drastic improvement (that will come later).
The trader will still need to make a judgement call in terms of cutting or adding trades.
What is a logical approach to take under the current DD conditions?
Lets see how DT1 pulls out of the fire it currently sits in ... will it? or won't it?
Masterrmind...........
Master your Mind then Master your Trades
- #1,911
- Jan 11, 2017 8:37pm Jan 11, 2017 8:37pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} hey this;s ea trading method mate
An EA opens and closes the trades usually but with trader monitoring and making input at times.
I will be getting an MT5 Expert coded to trade this Quantum Hedge method in the future so at the moment I am running trades overnight without a hedging component coded into the currently applied MT4 EA.
This means that DD levels can become rather high and non-tradeable from a risk point of view on a live account.
Considering that Gold and especially GJ pair are being traded the DD can escalate rather quickly if not contained.
This is likely considering that I cannot monitor the progress of cycles of trades 24/5 and the fact that I remove the expert from all 4 charts before retiring at the end of a trading day.
So there may be multiple demo runs trading Gold and GJ because I'm looking for overlapping within the cycles and how DD progresses based on an assigned PLS lot sequence.
The PLS lot sequence might need to be tamed down somewhat on these large range instruments and this is why a demo test run in used.
The risk rating defined in the Excel sheet has the ability to determine multiple risks given a series of parameters but currently I have only 3 ratings.
I use an elaborate Excel sheet to determine a best fit PLS approach but when the market charges on hard and fast this is when it will become crucial that a timely hedging strategy is applied to the cycles of trades on multiple pairs (usually just 2 pairs but can be more) in the case when 24/5 trading occurs although DD on day-only cycles will also need to be monitored continually.
Gather data, make observations, turn this into useful information before trading live on a 100K account.
Masterrmind...........
Master your Mind then Master your Trades
- #1,913
- Jan 11, 2017 8:51pm Jan 11, 2017 8:51pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} thank reply
DT2 -test run will then take its place and the collection of data and observations of cycles will continue ... modifications to parameters will be made.
It is preferable to start DT2 (or the next test in the series) from the start of the week but lets see.
Multiple tests can be applied at the same time but the data needs to be analyzed and so one that follows another appears logical.
Masterrmind...........
Master your Mind then Master your Trades
- #1,914
- Jan 12, 2017 3:09am Jan 12, 2017 3:09am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} This demo test DT1 could be gone by as soon as today. DT2 -test run will then take its place and the collection of data and observations of cycles will continue ... modifications to parameters will be made. It is preferable to start DT2 (or the next test in the series) from the start of the week but lets see. Multiple tests can be applied at the same time but the data needs to be analyzed and so one that follows another appears logical. Masterrmind...........
DT2 Test will commence start of next week.
Note: several key points have been learned from running DT1 which will be updated and applied to DT2 in due course.
Masterrmind..............
Master your Mind then Master your Trades
- #1,915
- Jan 12, 2017 7:55am Jan 12, 2017 7:55am
{quote} DT1 Test has now been retired. DT2 Test will commence start of next week. Note: several key points have been learned from running DT1 which will be updated and applied to DT2 in due course. Masterrmind..............
do you think about hedging through a currency basket or you even test it or do you have any statistic data about it and if you could see any correalation in baskets?
- #1,916
- Jan 12, 2017 8:11am Jan 12, 2017 8:11am
- Joined Sep 2014 | Status: FF is a waste of time | 1,361 Posts
DT1-Test 1 DD on this account is now over 60%. Account leverage is 1000:1. Screenshot1.png;2136398 Note 1: An automated hedging approach is not being applied which limits a timely input. Note 2: Once the MT5 EA is applied a timely and automated hedging approach will result making a drastic improvement (that will come later). The trader will still need to make a judgement call in terms of cutting or adding trades. What is a logical approach to take under the current DD conditions? Lets see how DT1 pulls out of the fire it currently sits in ... will...
bought and the trend is on before. I think that will match the success of egg entrance to the MN1.
Regards
if you're doing we all have results with all
- #1,917
- Jan 12, 2017 6:35pm Jan 12, 2017 6:35pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Hi Masterrmind, do you think about hedging through a currency basket or you even test it or do you have any statistic data about it and if you could see any correalation in baskets?
I've noticed that several other traders have attempted with a large basket (in correlation) without any success.
This is not to say that it can't be a success but I have not witnessed it.
Larger the starting balance the greater the number of opportunities.
Also the lower the time spent in the market the lower the risk.
The higher the time spent in the market the greater the risk.
So a trading window will be used in DT2.
Note too the instruments being traded are certainly not turtle pairs!
Masterrmind..........
Master your Mind then Master your Trades
- #1,918
- Jan 12, 2017 6:40pm Jan 12, 2017 6:40pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Hi, bought and the trend is on before. I think that will match the success of egg entrance to the MN1. Regards rend.png;2137467 {image}
Masterrmind...........
Master your Mind then Master your Trades
- #1,919
- Jan 25, 2017 8:21pm Jan 25, 2017 8:21pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Yes and hedging through a basket will likely require far lower PLS lot sequence. I've noticed that several other traders have attempted with a large basket (in correlation) without any success. This is not to say that it can't be a success but I have not witnessed it. Larger the starting balance the greater the number of opportunities. Also the lower the time spent in the market the lower the risk. The higher the time spent in the market the greater the risk. So a trading window will be used in DT2. Note too the instruments being traded...
Planned to commence February 1.
Likely to be traded over a much smaller trading window as much as possible.
Constant exposure to the market over a rolling period is far from ideal especially since no automated system is yet in place to make timely adjustments when required.
Without these timely inputs the cycle of trades is at the mercy of the markets and as we know this can be very very brutal.
From a manual approach this means that a smaller trading period will be applied probably in the Asian session with some cycles taken in London.
Asian session will trade higher volatile pairs (usually).
London session will trade lower volatile pairs (usually).
Masterrmind.............
Master your Mind then Master your Trades
