Bogie-HedgeHog-v4g (by wackena) Quick Stats
The user has deleted this system.
Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Bogie-HedgeHog-v4g Discussion
Previous 1 .. 27 28 29 30 31 Next
chjsing

Member Since Mar 25, 2010  1 posts chjsing Apr 05 2010 at 02:21

wackena posted:
    
tbuitendyk posted:
    pc8multifx posted:
    
Don't trade live a marty system when it doesn't survive a full 10 year backtest and random backtests with the same setting!

 Margin call waits right around the next corner...tongue


Looks like good advice in retrospect.

Long term backtests, at best, are only potential indications of how EAs will perform in Live accounts. As an example, here is backtest from 1999.<a href='http://www.myfxbook.com/files/wackena/BogieHedgeHogUSDCHF.zip

spike38

Member Since Nov 29, 2009  3 posts kevin (spike38) Apr 05 2010 at 03:20

tbuitendyk posted:
    pc8multifx posted:
    
Don't trade live a marty system when it doesn't survive a full 10 year backtest and random backtests with the same setting!

 Margin call waits right around the next corner...tongue


Looks like good advice in retrospect.


Even if you find an EA that back tests 10 yrs profitable, That doesn't mean it will survive next year. Also, If you are running
live, You would be foolish to blindly think the EA, Or trade is always going to come back around.

Martingales, If left unattended. Or unleashed. Can be dangerous.(only a fool trades with a blindfold)
But, Myself, I have found them to be very profitable!!!
-You must monitor them.
-Use proper MM
-Use Equity protection.
-Call upon your experience, To know when to intervene.

Spike

IslandFX

Member Since Mar 03, 2010  41 posts Rob (IslandFX) Apr 05 2010 at 09:45
Has anybody looked at a strategy to take weekly / monthly funds out of the account as part of a Martingale system as this one? Although the annual gain would be reduced, I would have though the longevity and stability would improve.

Regards

Rob

Trading for a living, the best job in the world.
owrank

Member Since Mar 23, 2010  1 posts owrank Apr 05 2010 at 10:05

wackena posted:
Long term backtests, at best, are only potential indications of how EAs will perform in Live accounts. As an example, here is backtest from 1999.<a href='http://www.myfxbook.com/files/wackena/BogieHedgeHogUSDCHF.zip

wackena

Member Since Sep 23, 2009  125 posts wackena Apr 05 2010 at 12:25

spike38 posted:
Even if you find an EA that back tests 10 yrs profitable, That doesn't mean it will survive next year. Also, If you are running
live, You would be foolish to blindly think the EA, Or trade is always going to come back around.

Martingales, If left unattended. Or unleashed. Can be dangerous.(only a fool trades with a blindfold)
But, Myself, I have found them to be very profitable!!!
-You must monitor them.
-Use proper MM
-Use Equity protection.
-Call upon your experience, To know when to intervene.

Spike


Touché

"Steady Equity Growth" is the name of the game.
wackena

Member Since Sep 23, 2009  125 posts wackena Apr 05 2010 at 12:29

chjsing posted:
    
wackena posted:
    
tbuitendyk posted:
    pc8multifx posted:
    
Don't trade live a marty system when it doesn't survive a full 10 year backtest and random backtests with the same setting!

 Margin call waits right around the next corner...tongue


Looks like good advice in retrospect.

Long term backtests, at best, are only potential indications of how EAs will perform in Live accounts. As an example, here is backtest from 1999.<a href='http://www.myfxbook.com/files/wackena/BogieHedgeHogUSDCHF.zip

"Steady Equity Growth" is the name of the game.
winsteadglenn

Member Since Mar 13, 2010  23 posts winsteadglenn Apr 06 2010 at 22:23
Hi Wackena.

   Where would you go from here, my friend? Trade only EU?

 Someone suggested placing buys or sells for both EU and UC simultaneously, to enable them to hedge each other. Is there merit in that thought?
  Thanks, Glenn

sliux

Member Since Sep 22, 2009  9 posts Saulius (sliux) Apr 07 2010 at 13:15 (edited Apr 07 2010 at 13:17 )
Interesting EA, but it have few bugs and logical errors in the code. I tried to make some modifications of the source code, made optimization and started new demo account for forward testing. You can watch my progress with this system here:
http://www.myfxbook.com/members/sliux/bhhmo/25099

wackena

Member Since Sep 23, 2009  125 posts wackena Apr 07 2010 at 14:27

winsteadglenn posted:
    Hi Wackena.

   Where would you go from here, my friend? Trade only EU?

 Someone suggested placing buys or sells for both EU and UC simultaneously, to enable them to hedge each other. Is there merit in that thought?
  Thanks, Glenn

As long as the major reason for price changes on the 2 pairs are from a weak or stronger $USD, then the reverse correlation is quite close. But when the Euro or CHF effect price then the correlation is off. The EA would need to only place Hedge Trades for these 2 pairs only when price change is only from a weak or stronger $USD, Maybe monitoring MA cross on several $USD pairs and if all agree on weaker or stronger $USD, then place hedge trades on EURUSD and USDCHF.

"Steady Equity Growth" is the name of the game.
4xfreak

Member Since Feb 26, 2010  21 posts Dale (4xfreak) Apr 08 2010 at 17:11

sliux posted:
    Interesting EA, but it have few bugs and logical errors in the code. I tried to make some modifications of the source code, made optimization and started new demo account for forward testing. You can watch my progress with this system here:
http://www.myfxbook.com/members/sliux/bhhmo/25099

Previous 1 .. 27 28 29 30 31 Next
Fed's Bernanke Speech (4h 17min)
Paul B. Farrell: $10 trillion in X-Prizes nee...(7 min ago)
EURUSD 1.28332 GBPUSD 1.5166
USDJPY 103.172 USDCAD 1.02742
Tools Community Reviews Platform Company Support
Economic Calendar Community Brokers Widgets About FAQ
Forex Market Systems Expert Advisors Features Blog Help
Forex Volatility Most Popular Systems Signal Providers API Twitter Contact Us
Forex Correlation Strategies VPS Services Mobile Facebook Report A Bug!
Forex Broker Spreads Contests EA Programming Translations    
Forex Broker Quotes Forex Charts PAMM Brokers RSS    
Forex Broker Swaps Community Outlook Rebate Programs      
Streaming Forex News   Trading Platforms      
Forex Broker Volume          
COT Data New          

Site Map  |   Terms & Conditions  |   Privacy Policy
©2012 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.