Forex COMBO System - PAMM account (による fxcombo)
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Forex COMBO System - PAMM account 討論
Sep 29, 2010 at 08:23
Hello,
Is it the same setting with this account : https://www.myfxbook.com/members/fxcombo/forex-combo-system/41297
Because i see a lot of difference and a buy stop !!
I never see a buy stop with forex combo EA !
Sincerely
Is it the same setting with this account : https://www.myfxbook.com/members/fxcombo/forex-combo-system/41297
Because i see a lot of difference and a buy stop !!
I never see a buy stop with forex combo EA !
Sincerely
Sep 29, 2010 at 12:22
Hello,
Yes, on the Alpari PAMM account we use the same settings, as on our commercial version of FOREX COMBO SYSTEM. The only difference will be the exit of the breakout strategy - if we decide that the realized profit is good enough we will close by hand.
This Buy Stop order is a myfxbook's requirement for a verification of this account.
Regards!
Yes, on the Alpari PAMM account we use the same settings, as on our commercial version of FOREX COMBO SYSTEM. The only difference will be the exit of the breakout strategy - if we decide that the realized profit is good enough we will close by hand.
This Buy Stop order is a myfxbook's requirement for a verification of this account.
Regards!
Oct 29, 2009からメンバー
23 投稿
Oct 09, 2010 at 14:39
Hi,
On your PAMM Account, how much % risk are you applying ? 2%, 3%, 5%, or 10% ?
Have your ever tried to use higher risk % than usual to backtest and forward-test your Forex Combo EA to see how it could survive for the past 2 years up to this time ?
The best way to judge if an EA is long-term profitable one, we should backtest and forward-test it (even on demo account) with high risk % like, for example, 10% or 15% or even 20% risk.
Then, if the EA can survive and still make consistent profits on both backtesting and forward-testing results, we can use it on live accounts with normal risk % such as: 2% up to 5% maximum, and we will feel confident about the EA's profits to be made every month without any concern about margin call.
Put an EA on the most difficult situations, and it it still can survive and make good profits with low max drawdown, relative drawdown under 20%, then, there is almost no risk if we use much lower risk % from 2% to 5% maximum.
How do you think about my ideas and suggestions ?
Regards,
James
On your PAMM Account, how much % risk are you applying ? 2%, 3%, 5%, or 10% ?
Have your ever tried to use higher risk % than usual to backtest and forward-test your Forex Combo EA to see how it could survive for the past 2 years up to this time ?
The best way to judge if an EA is long-term profitable one, we should backtest and forward-test it (even on demo account) with high risk % like, for example, 10% or 15% or even 20% risk.
Then, if the EA can survive and still make consistent profits on both backtesting and forward-testing results, we can use it on live accounts with normal risk % such as: 2% up to 5% maximum, and we will feel confident about the EA's profits to be made every month without any concern about margin call.
Put an EA on the most difficult situations, and it it still can survive and make good profits with low max drawdown, relative drawdown under 20%, then, there is almost no risk if we use much lower risk % from 2% to 5% maximum.
How do you think about my ideas and suggestions ?
Regards,
James
Oct 29, 2009からメンバー
23 投稿
Oct 09, 2010 at 19:10
Hi FXautomater,
Ok. Thanks for your information.
By the way, some of my friends have bought your eas, and now, still forward-testing it on their demo accounts at different brokers.
They told me that the Trailing stop on breakout strategy and countertrend strategy does not work very well, and often, it lose back the hard-earned pip gain back to the market.
I opened my charts, paid attention to those closed trades on their history, I found out some good suggestions on how to improve the trailing stop on these 2 trading strategies.
I already posted my ideas and suggestions on your other threads. Please visit it, and consider if you can make / improve the trailing stops on the Breakout and Countertrend systems like my suggestions or not.
If you can do that in your next version, then, I will ask more of my new friends to support you by buying your ea.
Anyhow, I noticed from the closed trades that your 3 systems did a good job in triggering a reasonable price, but the better trailing stop function can help improve more profits and reduce max drawdown by limiting the losses of false breakout and losing trades on countertrend system.
James
Ok. Thanks for your information.
By the way, some of my friends have bought your eas, and now, still forward-testing it on their demo accounts at different brokers.
They told me that the Trailing stop on breakout strategy and countertrend strategy does not work very well, and often, it lose back the hard-earned pip gain back to the market.
I opened my charts, paid attention to those closed trades on their history, I found out some good suggestions on how to improve the trailing stop on these 2 trading strategies.
I already posted my ideas and suggestions on your other threads. Please visit it, and consider if you can make / improve the trailing stops on the Breakout and Countertrend systems like my suggestions or not.
If you can do that in your next version, then, I will ask more of my new friends to support you by buying your ea.
Anyhow, I noticed from the closed trades that your 3 systems did a good job in triggering a reasonable price, but the better trailing stop function can help improve more profits and reduce max drawdown by limiting the losses of false breakout and losing trades on countertrend system.
James
Oct 09, 2010 at 20:31
Hello James,
I know, the people wants perfect trades always ... and me too, but this is impossible. I would like to assure you, that this trailing stop algorithm is a product of many tests and experiments and it is not the first thing passed trough my mind. This strategy is a big movement hunter. If you use a sensitive, tight trailing stop you will get 20 or 50 and maybe 100 pips, but never more then 200. The other thing is that the trailing is not the only positions exit. In fact this strategy works fine even without a trailing stop.
Nevertheless, I do appreciate all your suggestions and of course I will try to make this strategy even better in future.
Regards!
I know, the people wants perfect trades always ... and me too, but this is impossible. I would like to assure you, that this trailing stop algorithm is a product of many tests and experiments and it is not the first thing passed trough my mind. This strategy is a big movement hunter. If you use a sensitive, tight trailing stop you will get 20 or 50 and maybe 100 pips, but never more then 200. The other thing is that the trailing is not the only positions exit. In fact this strategy works fine even without a trailing stop.
Nevertheless, I do appreciate all your suggestions and of course I will try to make this strategy even better in future.
Regards!
Oct 11, 2010 at 10:32
The English language is a problem for many of us. There is a separate rule for the positions exit. As I already told in some of the previous answers: 'In fact this strategy works fine even without a trailing stop.'
If you want to try this on back-test you should use MinPipsTrailing=500 for the breakout strategy and you will see the performance without a trailing stop.
Regards!
If you want to try this on back-test you should use MinPipsTrailing=500 for the breakout strategy and you will see the performance without a trailing stop.
Regards!
Oct 12, 2010 at 02:05
Send me more info and tell me how I can be part of your program. Send info at [email protected]. Send me an email, I have a business proposal that I would like to discuss. I'm Martin Zizi
Nov 11, 2009からメンバー
38 投稿
Oct 16, 2010 at 14:49
Is it possible to turn on your Magic Number monitoring at your MyFxBook accounts so we can compare the results per magic number or strategy? Thanks.
Nov 11, 2009からメンバー
38 投稿
Oct 16, 2010 at 16:15
Yes I know however for some reason when you click on Custom Analysis in the upper right corner it is not showing Filter By Magic. You only have Filter By Symbol.
Click on one of my demos and you will see what I mean. https://www.myfxbook.com/members/wealthsecrets/fapturbo-49-fxcm-bt4-2088416964/13062
For more info about this please visit: https://www.myfxbook.com/help and go to the Custom Analysis section.
You may find this useful for your analysis. I know it has for me. Sometimes you will gain more insight when you see the actual results for each individual strategy. You may even be able to increase the lot size on the strategy that is doing better if the DD is acceptable. Just a thought.
Click on one of my demos and you will see what I mean. https://www.myfxbook.com/members/wealthsecrets/fapturbo-49-fxcm-bt4-2088416964/13062
For more info about this please visit: https://www.myfxbook.com/help and go to the Custom Analysis section.
You may find this useful for your analysis. I know it has for me. Sometimes you will gain more insight when you see the actual results for each individual strategy. You may even be able to increase the lot size on the strategy that is doing better if the DD is acceptable. Just a thought.
