Osiris / Profil
trading is hard... no tears!
out of the plantation
out of the plantation
Osiris
holy grail on backtest ... holy shit on forward test.. EA got margin called..! hehehe
trading is hard... no tears!!
trading is hard... no tears!!
Osiris
36 hrs later... http://bit.ly/1M7nLxf
Osiris
2015.03.05
stop loss on each individual trade is 30pips and TP is 10pips. I feel you david.. i advise starting with very small lots... today traded a live account with 0.01 lots... made $2600 , the demo i have been using 0.1 lots.. its now at $30000 ... i dnt know why myfxbook is not updating but you can check out today's statement here.. http://ge.tt/9KtZngB2/v/0?c
Osiris
Osiris
2015.03.05
Thank you Jeremy for the heads up... i will send you a video of the backtest...you help me identify any blind spots... am testing it on demo here...---> http://bit.ly/1M7nLxf
Osiris
2015.03.05
by the way Jeremy... the EA is NOT a tick scalper.. :) clever use of MM and grid techniques.
Osiris
Dakota EA ... good thing it scalps 10pips.. this makes it broker friendly ...and also has a longer average holding time..
Matthew Todorovski
2015.03.05
Grid EAs scare me... At least you don't have martingale, but "no martingale" prolongs the grid lifespan.
Osiris
i hate such results .. 1month backtest.. $5 000 to $1.1m in 1 month -- 1min chart GBPUSD last month... anyways... Grid+Martingale EA .... seems to make lots of money on breakouts... good thing it uses SLs and TPs.. i dnt know whether to believe this even though its a rough backtest...this is not good...
Osiris
2015.03.04
yes Ralf.. using it. :-) I use control points during coding as it is a bit faster and gives me a quick picture... before doing Tick Test
Osiris
If you have a few coins lying around... and you like EAs... i think the best strategy .. would be to buy your own MT4 Bridge not White Label.. and control your own access to the markets... e.g set your own spreads , prevent re-quotes and off quotes , even set your own leverage without depending on some of these brokers.. IMHO
Osiris
Dr. Trader
2015.03.03
Thank you for sharing. But when I test this ea for long period - I always get broker stop out at some point of time. Martingale can be really dangerous, I don't think this ea is safe enough for real account.
Dr. Trader
2015.03.03
Yes, I did another test: last 4 years, 0.01 starting lot. spread=2.0 pip, eur account.
Average profit is 70 eur per month. Max drawdown was 3288 eur. If somebody will use this EA with default settings (except lot, which is 0.01), he should have couple of thousands available for transfer to account in case if huge drawdown will happen again, to suport balance. Great thing that all months are profitable, there are literally no bad periods :)
This biggest equity drawdown happened on January-2013. I don't remember what news happened there, and why they affected eurgbp so much, but there is risk that this can happen again.
0.02 starting lot for 10000 eur is ok too (biggest drawdown 6269 eur), but 0.03 lot is already too much for this balance.
Average profit is 70 eur per month. Max drawdown was 3288 eur. If somebody will use this EA with default settings (except lot, which is 0.01), he should have couple of thousands available for transfer to account in case if huge drawdown will happen again, to suport balance. Great thing that all months are profitable, there are literally no bad periods :)
This biggest equity drawdown happened on January-2013. I don't remember what news happened there, and why they affected eurgbp so much, but there is risk that this can happen again.
0.02 starting lot for 10000 eur is ok too (biggest drawdown 6269 eur), but 0.03 lot is already too much for this balance.
Osiris
modified EA...giving it for free...use on EURGBP... best of luck... use at your own risk...---> http://ge.tt/1US3WSB2/v/0
:
You start from one small store(account). 1st store doubles it's balance sheet ... then you open a 2nd store(account). Now you have 2 ... then you go on from there.
You don't operate your 1st store(account) without doubling your demo store 1st, to make sure your operations would work out in the real world.