You didn't answer my question. The account that created 17,000$ profit, what's it now?Originally Posted by ;
You can't answer as you have closed the account? Have you closed the account?
You didn't answer my question. The account that created 17,000$ profit, what's it now?
You can't answer as you have closed the account? Have you closed the account?
As I was reacting to a post which you showed your profit from Long AUDJPY and Brief CADJPY. 2 pair double digit isn't applicable.
Hi Gumrai,
I love to reply your post by quoting myself: The demo account is closed as I produce a new demo account when I create a new EA version.
The reason it that a new EA deals with a trading account at a different manner and so would falsify any decisions about the correctness of this machine.
Gumrai, you are not a programmer like me. We think different. You might be right, I do not decline that. However, I develop code that works. Always did.
It seems that following 7000 views this thread becomes a fight between two traders with a different but respectable mindset. I spent more time to react here than to improve the EA and its C DLL.
I must act for the sake of my investors and will not continue to respond to the thread. I have shown evidence that my system generates profits and thats.
I invite you all for your time to read through this, test the code I did supply, your comments and thoughts. I have not been proven incorrect but reserve my right to maintain any additional developments dependent on the shortage of positive comments.
InsomniaFX,
such a shame that a argumentative poster on the thread has dampened your really generous spirit of sharing. I for one was silently checking the thread with interest and expectation of the machine, and I'm convinced others were perhaps we need to be more vocal. I really do sincerely hope you'll rethink
I was not intending to fight Insomia. I was trying to be useful. I just pointed out what I perceived as faulty logic with all the egy in its current form.
With the 2 pair egy, the relative strength between AUD and CAD is most certainly important.
You may not believe me, however, I believe that every winning setup is basically as a result of AUDCAD climbing about 12 pips. In addition, I believe this is true no matter whether it's 1B or 1A which makes the profit.
Perhaps I'm wrong, but imagine if I'm right? Don't you believe that would be a significant piece of information to know to your improvement?
Please do me a favor. Perhaps enhance your EA to open and close a separate long trade using AUDCAD at the occasions or only publish on the chart the value of AUDCAD at the time of closing and opening positions.
This would allow you to directly compare and see if the movement with AUDCAD has any effect on the success of this egy.
I'm sorry that my feedback is not welcome, it was intended to be useful to you.
You may see me as argumentative.
You have been silently checking the thread with great interest and anticipation of this system
I have been spending time and energy on research and testing the theory in an excel spreadsheet while you have been waiting to exploit the end product of Insomia's job without any input whatsoever.
Yet you have the nerve to become critical of ME??!!
If my research reveals potential defects, do you believe that I shouldn't mention it?
You see that my input is negative and argumentative.
At least I've made a few enter and if it turns out to be useful, then that input signal is favorable.
Please put in some effort with this job yourself before condemning me.
One factor that I do agree with you, is that Insomia has been kind enough to discuss and it'd be a shame if he ceased posting now.
If he is to stop posting because he doesn't like what I must say, then I shall gladly stop posting.
He only has to say GumRai, please stop posting in this thread, I'm not interested in your worries
Fair enough, you have been analysing and spending some time on this, but I believe your combative tone has disrupted the thread's improvement. Do not take the criticism personally, but you can see your tone has demotivated the OP from further sharing his job here, instead of the concerns that you had.
I admit that my tone might have been a bit combative at times, particularly my more recent articles.
I'm sorry about that.
But I did ask exactly what the current situation was using the account that he revealed with all the 14% profit.
I asked because I assessed the value of AUDCAD at the time that the last trades were opened.
Now as the value of AUDCAD has failed to grow by 12 pips because that entry point, I believe that the trades would still be open. I also believe that the account would now have dropped by more than $30,000.
I was quite frued when Insomia declared that he had closed the account and not even given the balance it was when he closed it.
To be honest, I believed that Insomia was avoiding the problem and not willing to admit that the trades had gone into loss.
In the event the balance had dropped, and I'm almost positive that it did, I'd hope that Insomia will realise that my theories may have any substance.
I understand you don't need to find this.
I tried the 2 pair egy Long AUDJPY and Brief CADJPY
I closed the rankings manually once they were over $25,000 negative along with the EA immediately re-opened them
The new transactions did make a profit, closed and then re-opened.
The current trade is dropping over $38,000 at the present time, amounting to a total $63,000 reduction in less than 2 days.
If you look at the AUDCAD chart for the duration of those transactions, you will observe it has been falling.
Goes someway to vindiing my observations.
Mr. Gum,
Understood you are attempting to maximize profit. However, by manually over-riding the EA you are defeating the purpose of the EA itself. Not everyone can arbitrarily manually intervene and know when to do so. Your intervention might have been from experience, in addition, it might have been luck.
InsomniaFX has spent a lot of thought, energy and time into this notion which I and others find intriguing.
By definition of any correlation and any hedge trade requires and equal for equal (as far as possible) proxy tool to exchange against with. His logic seems ideas that are powerful and his communiing.
To insist that your system or monitoring is more profitable doesn't add to the value of the thread or topic.
Let us say that you are absolutely perfect. And by manually intervening at the right time and by simply taking off connected and hedged positions you would be profitable constantly (if you are right 100%).
The thread is branded. . .Correlation Double Hedge EA.
Maybe Not ... Correlation Double Hedge EA (with manual intervention to make it more profitable).
Hopefully InsomniaFX decides to come back into the thread and discuss his EA and his observations.
Correlation and/or Hedge egies mixed with grid trading is an intriguing type of hybrid model.
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