mxadam Posted February 14, 2012 Report Share Posted February 14, 2012 (edited) So, What would you do? I may setup a signal service but being its a long term trading EA there would only be 2-6 signals per year. Would you just hide this and keep it to yourselfs? 2000-2012 http://imagebin.org/198902 Great for big funds!! 2008-2012 13mill profit on 10mill account with 7% drawdown http://imagebin.org/198905 only thing with these strategies are the drawdown, to have a small drawdown you have to have a big account to make it worthwhile. If not like the $1000 account you have a big drawdown and take the risk. Drawdowns on these can be from 200-400 points, but it has made quite a few 2000+pip trades. Update: been doing more work to this, with grid style trading using the same strategy has produces 95,985 pips in the past 4 years with a profit factor of 7!!, maximum (full drawdown) able to take a 20k account to 60million in 4 years have a look at this http://imagebin.org/199837 quite amazing really, now gonna do this for 2000-2012 for more long term conservative accounts going to put this on quite a few accounts with different setups for each Edited February 20, 2012 by mxadam Quote Link to comment Share on other sites More sharing options...
Fantic Posted February 14, 2012 Report Share Posted February 14, 2012 Hey, useless ... pls show a backtest with fix lotsize 70 Trades in 12 Years ... man how long will you wait for one trade ... Regards Quote Link to comment Share on other sites More sharing options...
swordfish Posted February 14, 2012 Report Share Posted February 14, 2012 It's a hard sell based on a 12-year back testing. So, it will take 12 years of live trading to find out if it is any good. Yea, hide it and keep it to yourself. jonnyrich007 1 Quote Link to comment Share on other sites More sharing options...
jonnyrich007 Posted February 14, 2012 Report Share Posted February 14, 2012 Why do people keep harping for backtests. Backtests are also useless. Quote Link to comment Share on other sites More sharing options...
tongtoro Posted February 15, 2012 Report Share Posted February 15, 2012 yes. it's useless. go to Foward Test Quote Link to comment Share on other sites More sharing options...
killer1713006270 Posted February 15, 2012 Report Share Posted February 15, 2012 I prefer scalping =). This is mine one http://www.myfxb@@k.com/members/fxeur/scalping/243489 . I can turn 1k in 1M with a lower DD. 8-) http://www.image-share.com/upload/1289/162.gif Quote Link to comment Share on other sites More sharing options...
pro Posted February 15, 2012 Report Share Posted February 15, 2012 @killer Demo account on mfb for a scalper with such short trade holding times is worthless as we all know from mdp experience Quote Link to comment Share on other sites More sharing options...
killer1713006270 Posted February 15, 2012 Report Share Posted February 15, 2012 I use Stop Orders to scalping ,so very different from MDP.I'm trading live already ,this is just a test for a client at Finfx. Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 16, 2012 Author Report Share Posted February 16, 2012 fantic the big fund is fixed at 100 lots and doesnt change. Yeah killer nice,scalping is def the way people want a ea to trade. Yeah I know backtests are not to be trusted. I will be forward testing this over the coming few years (on live acc). Most EAs I can break but this one I cant, It cant be optimized or curve fitted in any way. The thing with this 1 is that I found it profitable in 2010-2011, I then backtested it over the last 12 years and the strategy is profitable the whole time. It wasnt made to work over any other period. The actual strategy is very very simple so cant be optimized. This type of EA tho I dont think will sell (doesnt have mass appeal). But hey if the strategy holds true for the next 4-8 years it will be enough to make me a hell of a lot of money (then I will share) ;) lol Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 16, 2012 Author Report Share Posted February 16, 2012 also 70 trades in 12 years is fine, average 6 per year. For long term trading that is fine,2-4 month holding times Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 16, 2012 Author Report Share Posted February 16, 2012 swordfish i agree, it will take a while to find out how well it will do. Not 12 years tho, 4 will do(still a long while). The last 4 years has been 10x more profitable than the 8 years prior. Weather thats to do with the more volatility over the last 4 years I dont know. Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 20, 2012 Author Report Share Posted February 20, 2012 (edited) been doing more work to this, with grid style trading using the same strategy has produces 95,985 pips in the past 4 years with a profit factor of 7!!, maximum (full drawdown) able to take a 20k account to 60million in 4 years have a look at this http://imagebin.org/199837 quite amazing really, now gonna do this for 2000-2012 for more long term conservative accounts going to put this on quite a few accounts with different setups for each Edited February 20, 2012 by mxadam Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 20, 2012 Author Report Share Posted February 20, 2012 also the strategy this uses is one that going from demo->live trading wouldn't make any difference in performance, this isnt scalping!! :P Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 20, 2012 Author Report Share Posted February 20, 2012 just done a test using microlots on a $500 account, max lots = 16 - turned into 7.9mill in 4 years!! $200 account - max lots 16 (this started by using 0.01 lot) 7.5mill 4 years, crazy!! tested on multiple brokers data also Quote Link to comment Share on other sites More sharing options...
hermes Posted February 20, 2012 Report Share Posted February 20, 2012 We live in hectic time where 2 months in trade is suicide! Couple of days OK. Hermes Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 20, 2012 Author Report Share Posted February 20, 2012 lol and to that I say do you make money or are you just naive ? Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 20, 2012 Author Report Share Posted February 20, 2012 longer term trading is very profitable. Scalpers like all the 95% are mostly unprofitable. oh the same as any scalping bot ever released!! that comment was completely ridiculous! Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 20, 2012 Author Report Share Posted February 20, 2012 this bot made a lot during the market crash in 2008 via long term trading, how many scalpers lost big? and you say "hectic time where 2 months in trade is suicide!" that doesnt make sense. longer term won, short term lost Quote Link to comment Share on other sites More sharing options...
Capella Posted February 20, 2012 Report Share Posted February 20, 2012 So, What would you do? I may setup a signal service but being its a long term trading EA there would only be 2-6 signals per year. Would you just hide this and keep it to yourselfs? 2000-2012 http://imagebin.org/198902 Great for big funds!! 2008-2012 13mill profit on 10mill account with 7% drawdown http://imagebin.org/198905 only thing with these strategies are the drawdown, to have a small drawdown you have to have a big account to make it worthwhile. If not like the $1000 account you have a big drawdown and take the risk. Drawdowns on these can be from 200-400 points, but it has made quite a few 2000+pip trades. Update: been doing more work to this, with grid style trading using the same strategy has produces 95,985 pips in the past 4 years with a profit factor of 7!!, maximum (full drawdown) able to take a 20k account to 60million in 4 years have a look at this http://imagebin.org/199837 quite amazing really, now gonna do this for 2000-2012 for more long term conservative accounts going to put this on quite a few accounts with different setups for each Totally worthless information!!! And why is the modelling quality = n/a (not available) ???!!! Quote Link to comment Share on other sites More sharing options...
mxadam Posted February 20, 2012 Author Report Share Posted February 20, 2012 (edited) not sure, have backtested on many diff brokers data. all fine. Sure its worthless information. If you knew the strategy and whats making this ea tick you wouldnt. But you will never know so you cannot know if this is worthless information. May aswell close this thread. I love how you even explained n/a means not available lol...... going to dissapear now, may come back to gloat at the haters who think scalping is the way to make money.. cyyyaaaaaaaaa Edited February 20, 2012 by mxadam Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted February 20, 2012 Report Share Posted February 20, 2012 what i would do is get a time machine and travel back to the year 2000 with a handful of great EAs that worked well over historical testing. id be ****ing rich. Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
Capella Posted February 20, 2012 Report Share Posted February 20, 2012 not sure, have backtested on many diff brokers data. all fine. Sure its worthless information. If you knew the strategy and whats making this ea tick you wouldnt. But you will never know so you cannot know if this is worthless information. May aswell close this thread. I love how you even explained n/a means not available lol...... going to dissapear now, may come back to gloat at the haters who think scalping is the way to make money.. cyyyaaaaaaaaa We're not haters here, and have no reason to offend anyone who presents valid and interesting information. But most of us have seen just too many EA's with backtests that looks great, backtests presented with all valid information. So when anyone present an unnamed EA with backtests where much of the important information is missing, then many of us will also react. But not reacting with hate, more with irritation I guess. Quote Link to comment Share on other sites More sharing options...
CRSPWK Posted February 20, 2012 Report Share Posted February 20, 2012 EA Backtest Scalping is something that never worked in the real market for many reasons .. Quote Link to comment Share on other sites More sharing options...
DeathStar Posted February 20, 2012 Report Share Posted February 20, 2012 what i would do is get a time machine and travel back to the year 2000 with a handful of great EAs that worked well over historical testing. id be ****ing rich. Can you tell where to buy the time machine :) Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted February 20, 2012 Report Share Posted February 20, 2012 I have a guy on msn who sells them: [email protected] Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
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