pipRaptor BadDay V15 REAL ACCOUNT Discussion

I attach the new pipRaptor BadDay V15

contact me for any information, thanks!

Hi Pipraptor,
Thank you for the download it is much appreciated.
Is there any description you can give us or possibly some direction for its use?

Thanks,
Bigsteve

hi Bigsteve and thanks to you!

I published the new version yesterday and, within the weekend, I'll put all the information to use the correctly

Then you can 'joke' with params and you'll find the better combination to optimize your trading

see you later! Marco

Set the parameters of pipRaptor V15 Params
GMT Saturday 19/10/2013 07:04:33 AM

pipRaptor with the V15 we have introduced a range of parameters that allow you to personalize the risk and return, depending on your trading style

some of them already know from previous versions, even if we have changed, while others are new or reset to a new base

Now we will look at them (... slowly ) during these days, in order to be ready for shooting tomorrow (Sunday 20th) evening

Needless to say, you can bring all your questions and suggestions you want!
Set the parameters of pipRaptor V15 Params
GMT Saturday 19/10/2013 07:54:23 AM

first of all a nice roundup of the parameters (to date 19 October 2013, then will update when changes)

in the parameters of the new V15 pipRaptor Badday you find these parameters to be set, think that we have reached a good point of development and any changes from now on will only be secondary or improvements

/ / Lot orders
extern double lots = 0.01;

/ / Put BELOW if your broker uses prefixes or suffixes
/ / Type fx-EURUSD EURUSD instead then prefix = '-fx';
extern string prefix = '';
extern string suffix = '';

/ / Maximum number of open orders together
maxOrds extern int = 1000;

/ / Loss MAXIMUM MONEY then everything closes and stops (0 = ALL THE ACCOUNT)
extern double stopMoney = 0.0;

/ / IN THE DAY MONEY goal then closes all (0 = AUTO)
extern double takeMoney = 0;

/ / Trading hours, are with the TIME OF BROKER,
/ / See them in the top right of the graph
extern int trade00 = true;
extern int trade01 = true;
extern int trade02 = true;
extern int trade03 = true;
extern int trade04 = true;
extern int trade05 = true;
extern int trade06 = true;
extern int trade07 = true;
extern int trade08 = true;
extern int trade09 = true;
extern int trade10 = true;
extern int trade11 = true;
extern int trade12 = true;
extern int trade13 = true;
extern int trade14 = true;
extern int trade15 = true;
extern int trade16 = true;
extern int trade17 = true;
extern int trade18 = true;
extern int trade19 = true;
extern int trade20 = true;
extern int trade21 = true;
extern int trade22 = true;
extern int trade23 = true;

/ / ---------- ---------- GRAPHICS AND MISCELLANEOUS
/ / Favorite colors
colorBuy extern color = Lime;
colorSell extern color = Red;
colorNone extern color = Yellow;
Set the parameters of pipRaptor V15 Params
GMT Saturday 19/10/2013 08:03:48 AM

The first parameter is also the most difficult to set up ... CORRECT THE LOT!

IN PRACTICE NOTE THAT WE NEED TO FIND A FORMULA ties us together THREE FACTORS
ACCOUNT YOU HAVE AVAILABLE
LEVER that uses
LOT, just as intended amount
we will be back many times over, but in the meantime we see the FORMULA MAXIMUM ACCEPTABLE RISK

WARNING: THE WRITE OFTEN, THIS IS 'THE MAXIMUM EXTENT UNDER THIS THE RISK BECOMES HUGE!!

THEREFORE 'NOT' THE FORMULA TO BE USED, BUT IT 'A KIND OF LEVEL OF GUARD: DO NOT EVER GO THERE UNDER

The formula ... in a nutshell
INCOME FROM EURO 5000
LEVER 400 (Pepperstone WE USE EDGE, BUT THERE ARE TOO MANY OR MORE 'VALID)
WITH INCOME FROM 5000 AND LEVER 400 MAXIMUM THE LOT AND YOU CAN USE '1
then if you have an account or a different lever, just do the proportions compared to 5000 € 400 and lever
account of 1000 EUR, lever 400 = divide by 5 = MAXIMUM 0:20 LOTS
account from 10000 euro lever 400 = multiply by 2 = MAXIMUM 2 LOTS
if it falls lever, you MUST INCREASE THE LOTS, account and lever 200 from 5000? = DOUBLE LOT 2 LOTS = MAXIMUM
AS STATED, THIS IS 'THE FORMULA FOR MAXIMUM LOT, LOTS MAGGIORNI LEAD TO A RISK TOO HIGH

OF COURSE IF YOU CAN, YOU EVEN MORE 'TIGHT, FOR EXAMPLE IF YOU HAVE INCOME 7,500 400 LEVER YOU CAN USE THE SAME 1 LOT INSTEAD OF 1.5
Set the parameters of pipRaptor V15 Params
GMT Saturday 19/10/2013 08:33:23 AM

  some simple examples to fully understand the concept .... TRUST ME! It 'VERY IMPORTANT!
account as a basis from 5000, Pepperstone edge lever 400 and orders from 1 lot
THIS IS 'THE LIMIT MAXIMUM RISK , I do not have NEVER lift a lot more, it is a huge risk
conversely, if GET UP THE ACCOUNT, eg account 10,000 and lever 400, I can do 2 things:
raise the lot in proportion, order 2 lots, account for 10,000 and lever 400, is exactly the same level as before MAXIMUM
However, I can even leave the lot to 1 = diminish THE RISK OF META ', I HAVE AN ACCOUNT THAT ALLOWS ME TO BEAR retracements DOUBLE THAN BEFORE .... AND SORRY IF LOOKS JUST STUFF!
the lever works ... On the contrary, more and more have to get up Down with the account or lot
usual account from 5000, lever 400, 1 lot
if I lever 200, I DOUBLE LOT
also comes into play here prudence, I lower the lever, but keep the other parameters are fixed: account from 5000, lever 200, 1 lot orders and the risk HALF compared to the standard formula
in practice there are no accounts DRIED, but the risk is too high, it can go well ... but also no

the two parameters prefix and suffix are not anything special, you have to set them only if your broker uses the prefixes or suffixes to the name of the pairs

for example, the exchange euro vs dollar is in 99% of cases indicated with the abbreviation EURUSD

however, there are some brokers that use of prefixes or suffixes, for example because they manage accounts of different types (MM and ECN) or with different conditions

what interests us is to inform the pipRaptor that the letters will NOT be EURUSD but for example EURUSD-fx or EURUSDe (that is epr ECN) OR EURUSD-ECN

WHATEVER SET prefix and suffix to reflect this and nothing else is

eg
abbreviations are those 'standard' EURUSD GBPUSD GBPJPY and so on .... PREFIX AND SUFFIX JUST LEAVE EMPTY and is already alright
if the symbols have a prefix, type fx-fx-EURUSD GBPUSD and so on, just put prefix = '-fx'
vice versa if the broker uses a suffix, type EURUSDe or so we GBPUSDe in suffix = 'and'
obviously does not change anything if the broker uses both suffix prefix, but it is a very rare case for example with FX.EURUSD.ECN FX.GBPUSD.ECN just set prefix = 'FX.' and suffix =. 'ECN'
an important trick! always check to use the same capitalization, periods, commas, dashes, or else that the broker

hello, its possible backtest? i start ea in backtest but no trade :( thank you

hi, no, unlucky the backtesting isn't possible, because it uses a lot the correlations between the different symbols and it collects data from THINKORSWIM volume profile (the dear old Market Profile) and in the backtesting all these data aren't available

you can only use it in real accounts, of course, or in demo during the trading sessions

thank you for the EA....but in backtest it doesn't open any position.is there something wrong? maybe missing the DLL files?
thank you

it's already run...sorry, i forgot to allow live trading.i'm sorry, it's all good :)

sorry to report again. it seem, i run on EU for backtest, and only open 1 position, after that, no ope position again until end of date.is this EA cannot run on backtest? or only run for real (live) account?.thank you

unlucky the backtesting is impossible because the EA collects and uses in real time all the data about correlated symbols and above all the eur futures volumes from ThinkOrSwim platform

you can test it from monday morning using a demo account, or tomorrow (Sunday) night when the markets starts again, but during the night it opens very few orders

I always refer to pepperstone GMT, that's +1

of course you can directly use the pipRaptor on a real account, tomorrow I'll post the explanation of the last parameters to set it all, ready to operate

thanks for your interest! Marco

this ea have DD protection? i see your destroy account :( how to work? only big profit or MC? its possible use small risk? and ea is profitable in long time?

thank you :)

hi and thanks! this is exactly what I intend to explain today, so this night (ROME GMT+1) well' set the beast free!!!!

above all there is no protectione, only TOTALY FREE ORIGINAL SOURCE

in the first rows he calls already all the ORIGINAL WINDOWS LIBRARIES it needs, so you don't have to do other,,, No,,, I forget... you must set your parameters to take

from a more remunerative but risky to less risk but also less money riscky management

you can already see the grafph here on myfxbook of the last montes!

GMT Sunday 10/20/2013 06:07:14 AM

Now we come to a point IMPORTANITSSIMO: LOT, LEVER, INCOME BUT ESPECIALLY THE MARGIN CALL + +

let's start with the MAXIMUM NUMBER OF ORDERS THAT CAN 'TO OPEN IN CONTEMPORARY

/ / Maximum number of open orders together
maxOrds extern int = 1000;

leaving 1000 is a random value, because it will never come to open 1000 orders together, it means that they OPENS ALL

if I'll put 5 means that the pipRaptor I open a max of 5 ALL orders and will continue to follow them until they close, then we will open others and so on

WHY '' SO 'IMPORTANT? WHY 'I HAVE TO BE CAREFUL TO NOT EVER FALL IN A LOWER MARGIN CALL AT 500% OR SIMILAR

is a value that gives confidence, it is not a high risk, and also allows you to recover the corpses back rimangon

digits you see in the image at a loss which may scare (plus the account is also live here on myfxbook), but the margin is' ON 500% SIGNS ARE THERE AND I IN MIND THAT ALL NIGHT RECOVERY AND TAKE CLOSE

obviously the theory is always theory ... then it's all to see!

by the way, don't confuse the MAM account with the pipRaptor, they are totally different

pipRaptor is a totally automatic trading system, while the MAM is a manual trading operated by some my co-workers

we trade in totally opposite ways!

Set the parameters of pipRaptor V15 Params
GMT Sunday 10/20/2013 9:42:47 AM

actually the basic calculation is quite simple
which account to use? say the usual 5000 €
use that lever? say 400
means that roughly 1 lot cost me 250 euro
once you open the order, then I support it, we put a statistical draw down of 50%, in order to stay on the cautious and consider the pessimistic
I have to say that half of the account DRAW DOWN so that only 2500 euro free with orders from 1 lot lead us to a MAXIMUM NUMBER OF ORDERS OF € 10 together
usual, this is THE MAXIMUM RISK, so setting a contemporary 5 orders more breath and I definitely ... fewer surprises!
to conclude
account from 5000 in lever 400 and orders from 1 lot
TO THE FULLEST imposed maxOrds = 5 which would mean 5 open orders together
this is also a formula that we have tried and tried in practice and has kept us open accounts with ritrcciamenti remarkable, then arriving to take

Set the parameters of pipRaptor V15 Params
GMT Sunday 10/20/2013 09:58:04 AM

we have now set 'almost' all the parameters of pipRaptor Badday V15

a very important one, but also simple to understand and impostre, is

/ / Loss MAXIMUM MONEY then everything closes and stops (0 = ALL THE ACCOUNT)
extern double stopMoney = 0.0;

STOP MONEY

in practice we have always talked about ACCOUNT, leaving implied that one engages all the money he has ... choice is not always very wise

in stopMoney put the number you want and pipRaptor operates as if the bill was ONLY ONE SET, in case of loss, it stops and blocks all the stopMoney

the example is very simple, I have 10000 euro on the account, I want the classic 5000 m with lever 400 and 1 lot, just put stopMoney = 5000; pipRaptor and considers only those

There is also the accumulation!
I have 10,000 and imposed a stopMoney to 5000
gain and arrival to 13000 to say
a quiet stand point, if I lose the 5000 pipRaptor stops and blocks all because it arrived at the limit, but the nice thing is that the 5000 pulls them away from the 13,000 who had arrived, so I find myself in case I DO NOT 5000, MA The 13000-5000 = 8000

GMT Sunday 10/20/2013 10:19:59 AM

leaving the stopMoney = 0 means that exclude and pipRaptor deemed to be available all over the account

The other parameter extremely similar and immedito to understand is the takeMoney: when the gain of the day comes to take money, the pipRaptor everything closes and stops

I ASSURE YOU THAT 'A GOOD SYSTEM PERLIMITARE GREATLY THE RISK!!

HAVE A SPECIFIC TARGET, SUCH AS USUAL INCOME FROM 5000 CAN 'MAKE takeMoney = 500 and soon reached, TARGET AND STOP!