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Alvin-Trader v1.2 (de AlvinTrader)
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Discussion Alvin-Trader v1.2
Membre depuis Dec 10, 2013
posts 84
Membre depuis Mar 31, 2014
posts 192
Membre depuis Aug 13, 2015
posts 11
Feb 15, 2016 at 15:20
Membre depuis Aug 13, 2015
posts 11
It appears to take the Stop Loss, then reverse the direction after the SL is hit. From it's history I see it only has 1 open trade per pair at any one time and it has gone up a max of 5 levels before profit was taken. Much safer than a traditional Marty which will hold all losing positions and continue to open trades against the trend until a profit is taken or the account bursts. I'm going to test it. I like that it reverses direction with each loss and only has 1 open position per pair at any given time. Micro lots.... definately.
Feb 17, 2016 at 04:14
Membre depuis Sep 01, 2013
posts 48
https://www.mql5.com/en/charts/4469318/eurusdi-m5-tw-corp
Above is the screenshot of the trade that stopped me out. Notice 10465715 and 10466156, both GBPUSD trades. The first was 0.32 lots and the second was 0.64 lots. Alvin 1.2 reversed direction. Both me and the master lost the first trade. On the second trade I lost again but the master account(not shown) won. Mine closed within about 40 minutes but the master account stayed open 80 minutes and caught the reversal. Caution this may be sheer volatility in which case the master account winning was sheer luck, not due to anything in the algorithm. I do not know if I can be of any help with this. Please see the vendor.
Above is the screenshot of the trade that stopped me out. Notice 10465715 and 10466156, both GBPUSD trades. The first was 0.32 lots and the second was 0.64 lots. Alvin 1.2 reversed direction. Both me and the master lost the first trade. On the second trade I lost again but the master account(not shown) won. Mine closed within about 40 minutes but the master account stayed open 80 minutes and caught the reversal. Caution this may be sheer volatility in which case the master account winning was sheer luck, not due to anything in the algorithm. I do not know if I can be of any help with this. Please see the vendor.
Feb 17, 2016 at 08:12
Membre depuis Jan 07, 2016
posts 24
Hmm...i think it could be due to account balance. The vendor's balance is quite substantial and the system figured that i can weather the adverse volatility further (eventually it did as you mentioned). You balance at that time is just a few hundred bucks and judging by the lot size, the system could have figured better to absorb the losses instead of risking further. Subsequent sequential losses compounded the problem and eventually the account blew up. That's why i think of.
Feb 17, 2016 at 14:33
Membre depuis Oct 27, 2009
posts 106
ckdorgay posted:
https://www.mql5.com/en/charts/4469318/eurusdi-m5-tw-corp
Above is the screenshot of the trade that stopped me out. Notice 10465715 and 10466156, both GBPUSD trades. The first was 0.32 lots and the second was 0.64 lots. Alvin 1.2 reversed direction. Both me and the master lost the first trade. On the second trade I lost again but the master account(not shown) won. Mine closed within about 40 minutes but the master account stayed open 80 minutes and caught the reversal. Caution this may be sheer volatility in which case the master account winning was sheer luck, not due to anything in the algorithm. I do not know if I can be of any help with this. Please see the vendor.
What was your risk settings? Default is 10.
Feb 21, 2016 at 13:50
Membre depuis Jan 07, 2016
posts 24
From the email correspondences i had with the vendor, he said what he displayed here is using the default settings.
On the side note, can anyone enlighten me why the broker will always refund 10% of the value of loss trade? Very strange....
On the side note, can anyone enlighten me why the broker will always refund 10% of the value of loss trade? Very strange....
Membre depuis Oct 22, 2015
posts 8
Mar 02, 2016 at 15:34
Membre depuis Sep 01, 2013
posts 48
In my opinion, still has technical difficulties.
- GBPUSD not activating.
- Stop losses set too wide
- Trades do not match up with master
- Double up and reverse on loss likely to cause problems
- Can't adjust to the change in trend
What have others seen?
- GBPUSD not activating.
- Stop losses set too wide
- Trades do not match up with master
- Double up and reverse on loss likely to cause problems
- Can't adjust to the change in trend
What have others seen?
Mar 04, 2016 at 23:36
Membre depuis Sep 01, 2013
posts 48
I have no explanation for why the master account does so well. I tried this twice and it did not work for me either time. But I will not write this off as I think the algorithim is a good one if it can be fixed. I was of course undercapitalized both times.
Membre depuis Aug 13, 2015
posts 11
Membre depuis Nov 18, 2015
posts 247
Mar 18, 2016 at 22:20
Membre depuis Jan 07, 2016
posts 24
The risks are real, but the EA is quite a good one, especially for the asking price. I have it running on a live account and also a demo account. The strange thing was that the EA blew up my demo account but live one is on a profit.
If you're damn unlucky and met with 6 consecutive losing trade, your account is up in smokes...but there's no perfect EA anyway...
If you're damn unlucky and met with 6 consecutive losing trade, your account is up in smokes...but there's no perfect EA anyway...
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