Thread: $500 to Million in 11 months - Higher Risk vs. Higher Reward EA

Here is a good illuion of a high risk and higher reward EA.

Features:

Multiple positions taken a signal with diverse SL/TP.

Hidden SL and TP.

Total Risk Percentage taken is scalable up or down.

Non Martingale, but lively lot sizes based on equity at entry.

Trades both Short and Long per entry signal but leaves and quantity differ. (Hedge).

Takes up to over 100 positions per entry signal.

NON-Indior based. Software no indiors. Just price movement activity.

In reality it's 4 EAs merged into one EA, it scans for for distinct entry parameters and implements transactions individually for each.

Trades based on bar opening. Open evaluation, Control evaluation and Tick test produce same results.

Based on 2.5 pip spread, no commissions.

Similar version of EA motor is currently trading in Live real money account and is entering and exiting trades flawlessly based on dwell signs and live market prices.

After over 400 downloads of this PDF EA stats in under 24 hours, I have taken it off the host for safety reasons. I had no idea it would generate this lots of eyeballs and'd revealed a little more than I perhaps should have. I might repost the PDF with proprietary EA settings and broker information whited out at a subsequent date. Sorry.

Pretty cool, backtest the egy on 10 additional date ranges and let us see how the results vary.

I feel the only problem that may happen is if you've got more consecutive losses then wins, may take out your account.

Where can I find the EA you haven't posted it. Could you please post here from the forum so I can test it.


thanks,

Originally Posted by ;

backtest the egy on 10 additional date ranges and let us see how the results change. I think that the only issue that may happen is when you have more consecutive losses then wins, could take out your account.

Walk forward evaluation in same dates produce similar 10x plus results beginning from each 1st of the month.

A straight up or straight down market for an extended period of time with absolutely no retracements would take out the account. Am working to apply for this scenario too.

Originally Posted by ;

Takes up to over 100 positions per entrance signal. Comments, thoughts? image

I would not be trading reside predied on backtest data...

Even though it is UJ and may trade in a really limited range, it is going to trade just like other pairs.

in transactions together with the range and you will continue to lose on trend.
in transactions on trend and you will continue to lose on Range...

Tough deal even with hedging and particularly with a lively lot size implemented.

I think Lifesdream tried this same thoughts, several times over and I have worked with some of that same code....all sunshine and happiness for a month, maybe two. . .and afterward Ka-BOOM!

Be interesting to see if you throw an explorer up or myfxbook connection....

Indior based, activate lively, martingale grid trader, rotating by signal on 28 pairs in a first come first serve to 3 separate time frames, reside test data.
http://www.myfxbook.com/members//v3-voodoo-all/917331.

Good luck in your quest!

Originally Posted by ;

quote I wouldn't be trading reside predied on backtest information... Although it is UJ and can trade in a very restricted range, it is going to trade the same as all other pairs. in trades together with the range and you'll continue to lose on trend. in trades on trend and you'll continue to lose on Range... Difficult deal even with hedging and notably with a lively lot size executed. I think Lifesdream tried this same ideas, many times over and I've worked with a few of that same code....all sun and happiness for a month, maybe 2. . .and afterward Ka-BOOM! ...

Thank you for your remarks. I agree with most of what you said.

Assuming my 1 minute information is accurate, I have no reservations trading reside on backtest data. I do not use indiors or egies that alter entry or exit based on information aside from price. A similar but less powerful ea (2 rather than 4 EAs in one) is trading reside beginning recently and carrying the specific same signs and exits as the backtests reveal for the same trading period periods between the live and the backtests. Provided that the market doesn't goes absolutely straight up or down together with zero retracement it ought to be profitable but with uncontrolled equity swings between collections of open positions.

The US/JP was nearly straight up from end of summer to winter this past year, and then in a range this season. It was massively profitable from July 2013 to November 2013, then flat, and then from January 2014 to now it was also very profitable. So the market would really need to go vertical with no retracements whatsoever for this to wash out. It is worth the risk with little starting capital. When I was trading beginning it with over 20,000 I'd simply dial the risk per place and so the DDs accordingly.

I watched your MyFXbook, good job. I'd say I would want to find out more about your EA but I'd be more interested to learn how it performs using a NON marty MM technique. Using one or 2 maximum three successive bad trades wipe out all martys. If your method is solid it ought to have the ability to perform as well or even better without a marty.

As for me with tradex or myfxbook, it is not likely to occur. I'm not trying to draw investment capital and do not have to show to the world whether my EA works or not. If it does not work, I remorse privately. If it does work, I'm happy privately without heaps of people contacting me to provide them my EA.

Loing a balance of being linked to a community of like minded coders and traders and while retaining away folks asking for a free handout without even really knowing what they're asking for is occasionally more work and not really related to enhancing the bottom line.

Originally Posted by ;

quote Thank you for your comments. Most of what you said and I agree. Assuming my 1 second data is accurate, I don't have any reservations trading reside on backtest data.

Your 1 second DATA can be 100% spot on. . .backtests are bullshit!

You do not need to believe me. . .but you ought to choose the challenge...

Trade your own EA for 1 month. . .start in the first Sunday/Monday market bell, and let it trade for 5 consecutive weeks. (I would urge demo)

After Market closure on week . . .you will have HARD, Strong data. As well as have the true value of every candle and tick (lol), in your broker history...

Today, run your backtest.

Should you come up with anything that looks like precision, and place this data....
1. You will be the primary person in the history of Meta4 to have achieved this.
2. I would have a stroke!

We have all had our moments in sunlight and dre predied on backtests. . .but are you really prepared to gamble your current account against something that has been consistently proven to be inaccurate to the point of complete falsehood?

As for my EA. .

It's a counter trend trader, based on profitability on probability.

By working with daily trends, weekly cycles and implementing this to multiple time frames. . .it does exactly what it does by searching for short ranges after market typical movements...

Perfection? Hell NO!
HIGH RISK? HELL YEAH!

However, the link I posted wasn't predied on the legendary Unicorn of rear evaluation report precision. . .that is live testing.

Originally Posted by ;

quote Your 1 minute DATA can be 100% spot on. . .backtests are bullshit! You do not need to believe me. . .but you should choose the challenge... Trade your own EA for 1 month. . .start at the first Sunday/Monday market bell, and let it trade for 5 consecutive weeks. (I'd recommend demo) After Market closure on week 5. . .you will have HARD, Strong data. In addition to have the true value of each candle and tick (lol), in your broker background... Now, run your backtest. Should you develop anything that looks like precision, and place this data... 1 ). You'll be the...

BTW, the data is from a live account server with over 5 months of tick data. The EA is trading live. Like I said I have a very similar EA that's working exactly as examined. It has been up and trading live over 5 months and actually has greater signal implementation than it is historical backtests...i.e. better matches.

As I stated. My EA doesn't rely on tick info. In case the candle includes the price the signal executes off of, the EA sends multiple buys and sells in the market. It doesn't rely on bid or ask prices to generate signals other than market orders. The rest of the calculations of signals derive from previous price action off of published HLOC data. I deliberately place the spread in the evaluations somewhat higher than real live spreads thus live trading is becoming slightly better matches.

I did not begin trading off of demo backtest data.

I also prefer to run it live on actual money small money instead of demo it.

Any other challenges or challenges to post the results for the public to see, we'll I guess you didn't read or understand my prior posts.

Originally Posted by ;

quote BTW, the data is from a live account server with more than 5 months of tick data. The EA is trading live. As I said I have a very similar EA that is working just as tested. It has been up and trading live more than 5 months and really has better signal implementation than it is historic backtests...i.e. better fills. I deliberately place the disperse in the evaluations somewhat higher than real live spreads. Since I stated. My EA doesn't depend on tick info. It compares

lol

Whatever dude...

Don't say I did not try to warn ya...

Here's your final 5 months on USDJPY. . .IF I'm not sadly mistaken, next week, is breakout week. . .the gloves come off along with the market dynamics change.

Good luck!

Originally Posted by ;

quotebut are you truly prepared to gamble your current account against something which has been consistently proven to be inaccurate to the point of complete falsehood?

There are two possible issues with backtests.

1. Accuracy of data.
2. Accuracy of the EA trading using the Very Same data.

By way of instance, at the beginning I used to code EAs, examine them, and then exchange them. But what I found is that the live trades and the concurrent backtested EA over the same dates and the same data, would create unique entrances and exits. This is because either, the EA takes too many signs, or because the indiors utilized calculate various values within different time periods. Or, because the EA taking signs at different times.

I've learned how to code to get my live EAs to sync to backtested information and also know when to begin the EA so that it contrasts with exactly the identical entry signal times as the backtested EA would within the exact same live data. The logic and algorithms is solid. So I am not concerned about data accuracy, and that I know the risks of different market requirements and how this EA will perform in those conditions that it isn't intended for.

Fortunately, the market ranges or fractures and retraces generally over it goes always vertical so I am not worried about risking a few hun or thou to check it live. I just don't need to show the world live consequences as the others do with tradex or even myfxbook.

I just wanted to generate comment. At times, someone says something in these types of threads where I say, yeah that's a good idea.

Anyhow, keep it coming. Do not need to attack, just keep it constructive.

I hope it's a breakout week. Just not a run away breakout. Breakout week and normal retracements accompanied by more breakouts is how this EA rakes it. It would have to breakout over 200 pips after a signal is generated without retracing whatsoever for this EA to bust.

I didn't say it but it works from an extremely simple volatility calculation without derivative calculations. I'll leave it at that.