forextrend_highroller การสนทนา

I was wondering, is this EA for sale

Why would you need that, it's currently in 51% floating DD.

Please tell me how do you know that %%? I don't see the open trades?

Look at the equity, it's 48,91%.

Ah yeah, good point. Scammers pray you won't find them. :)
I usually look at the avg. winner pips vs. avg loser pips vs. avg holding time. Funny to see 3 days holding time for avg. 20 pips win.
But I'm not into maths and statistics anyway.

I think you need glasses 😈 I don't see 3 days holding time on this account. Anyway, this is a demo account. What are you doing looking at demo accounts? We all know it isn't real life whether it be manual trading or EA.

I don't get the profit factor either or how it is worked out. Do I need to be a mathematician to be able to work this one out. Do you know how it is worked out Speki?

Ah, really. I missed that. Never had good eye for details. I saw the 3 days in some other system discussed today, it was probably Marcel's punting parlour.

the profit factor might be this:
https://www.forex-tsd.com/metatrader-4/990-profit-vs-profit-factor.html#post8773

Do not miss the main reason for trading guys. Which is to earn $$$ or net income. I use this site to track my EA's performance stats and then improve the code. This system does not use active hedging while the major trend is up because I want to see the equity drawdown that will occur during strong pull back of the major trend. That pullback has been happening since early last week August 10th and I noticed the drawdown and developed a very god hedging system as a result which I am trading on a 5k account running since end of July and now over $6000 with most of the gains coming from the hedge modification. That account however is not yet hooked up to this site.

I will keep on observing this system without hedging as I want to see how well it does if the trend completely changes. By then it will start trading in the direction of the new trend. Sometime in the future after observing a full cycle of trend changes I will close all trades to reset my lots.

However, even with the pullback and no hedges, the net income of net equity gain is fluctuating around 30 to 50% of starting capital of $100,000 for just over 2 months. Which means even if I close all trades now, I would walk away with $30,000 to $50,000 in net income, cash in my pocket. I will trade a profitable trending EA anytime if it consistently make money during a major trend, because I know I will likely have profits when pullback occurs and will have the option to close all orders to keep my profits or hedge my positions to protect profits. The history orders of this EA is showing just such performance characteristics.

And what about a situation like the greek crisis when there wasn't pullback and you haven't still implemented your hedging feature, trading live account with your real hardly earned(with sweat and blood) money? This whole concept of holding trades against the major trend until they get positive is very dangerous. I could only guess what will happen if an 'unexpected' move as other people here call it of 1000+ pips in a few days happens right now and you're against it, fighting, fighting, fiighting untill it finally wins, your account blown. Imagine that's your 10 years savings and you're just watching how it slowly evaporates because you like to fight the trend and you hope there will be pullback(but there isn't) and you haven't still implemented hedging in your EA trading that particular live account.

Thanks for the question SOLAR, I like those types of questions. You see I have implemented a hedge for the pull back I observered last week. However, I did not want to activate it on the account you are viewing because I want to see the maximum floating drawdown until my EA determines the major trend has changed. My EA alerted me to the pullback on Tuesday/Wednesday so If I activated hedging it would have stopped the drawdown and possible made more equity. But I actrivated it on a 5k account I am also testing which stopped the drawdown and even made significant gains. Can send you the detailed report if interested.Thats the point of learning EA development i.e. to identify risks and develop strategies to counter risks. Hedging has a cost associated with it though, so I am trying to establish the optimum time to activate hedging. Worse case I have implemented my hedging with a simple input variable that acts as an activation switch, so I can activate it by just changing the value of that variable from 0 to 1 and a hedge order will be placed within minutes if trend is weakening, which would have been since last tuesday for EURUSD & GBPUSD. But very good observation and believe me I realize the risk and have a solution to manage it.

Yes, I understand that you're very satisfied of your hedging enhancement but please tell me how you would've managed 1000+ pips moves in few days before that enhancement. I'm talking about a situation when that move is against you, you don't have SL, you're currently in 50% floating DD and there are no reverse signals.

Hi SOLAR, I have managed to get the pips because My EA knows when the major trend is up or down, when trend is accelerating, and when a pullback is significant. Prior to this strong pullback we experienced last week, there was only one other significant pullback in the currencies I trade ober the last one to two months. So the system waits for the trend to resume and starts hitting it again in the direction of the continuing trend, capturing more pips. So as long as the trend is continuing I make good pips to prepare for the pullback days. If the a pullback becomes a trend reversal, the system will start trading in the opposite direction using some good lot management to hedge the lots in the direction of the previous trend but adding sufficient lots in the new trend direction to ensure continued growth in pips as the new trend continues. Thats why I do not rely heavily on stop losses. The risk is I can get a large floating drawdown of my pips/profit and needed to observe the extent of such a drawdown, for different trend weakness to optimize my hedge trigerring. My system can change stoplosses in the event of a catastrophic price drop, but those are rear occasions for the currency pairs I trade. The hedge I am testing will hedge when the major trend weakens to protect profits/pips not wait till the major trend changes as it does with this systyem. However, I am a curious guy and want to see the max floating drawdown I will suffer if I let the trend changes and observe how the system tries to recover in the new trend direction. The system already experiences a trend change in early June and recovered nicely without hedging but as it trades and gradually increase lot size, hedging becomes more important to reduce drawdown.

For determinimg trends, I use Heken-Ashi, MACD, CCI signal combinations that I have developed into some good custom switching indicators I use for triggering trades, determine trend acceleration & weakness and analyze them from multiple time frames to increase the probability of a successful trade. I am constantly observing reasons for drawdowns and profits to improve the systems & reduce risk, so thanks for the question.

All trades were closed today to manage profits volatility that accompanies increasing lot sizes during trend changes. System made over $40,000 in profits on 100k account since it started, end of May 2010 to August 18, 2010. Peak profits was over $80,000 at the height of the trend so I am implementing a hedge to protect against profit/equity drawdown for my major trend only.

Closing all positions will allow me to reset trading lots to a low conservative level for the next trading & trending cycle, and allow me to monitor the effectiveness of the implemented hedging system during trending/major pullback phases.

Hi Malcom Sankoh,

Waiting to see your hedging in your EA. Try to figure out when to activate hedging when the major trend is against you.

Regards,
SIM