Matrix (by rsonic) Quick Stats
Gain: +797.55%
Drawdown: 0.80%
Pips: 2268.0
Trades: 2016
Won:
Lost:
Type: Demo
Leverage: 1:100
Trading: Automated

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Matrix Discussion
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wltam

Member Since Aug 17, 2009  18 posts wltam Sep 09 2009 at 09:36
it's amazing that ...99% are won trade.

bizWiz

Member Since Aug 06, 2009  396 posts bizWiz Sep 09 2009 at 09:39
not so amazing when you look at the facts, this is a scalping system, going for only 1-2 pips per trade.

I assume that with that win rate, the system has to have over 90% winners to just break even.

Just wait for that one stop loss to hit - probably would have a big hit on the yield..

Sleep is for the weak.
bizWiz

Member Since Aug 06, 2009  396 posts bizWiz Sep 09 2009 at 10:12
Also I'm pretty sure that those trades cannot be replicated on a real account.

 Since every pip here matters, with slippage, misquotes, and spreads widening during news, the same system will probably have a totally different gain when run on a real account (for worse).

Sleep is for the weak.
rsonic

Member Since Sep 04, 2009  5 posts rsonic Sep 09 2009 at 14:56
Biz01 is correct in that it is a scalping system.
Win Loss ratio naturally needs to be high in this type of system.
Regarding stoploss there is an internal max damage parameter setting. As with any trading position be it manual or EA placed
during volatile market conditions the risk remains equal for both stoplosses to be skipped or slipped.

The EA is runs on specific pairs at certain time windows to avoid Data swings and minimize high market volatility ie; market opens/closes.
What you dont see are the trades that are not taken due to misquotes, invalid prices, spread too wide that are in the Journal.
Operating off tick data all functions are housed inside the EA so there are no order modify routines.
What we have found during live testing, and this varies from brokers, that some trades do get slipped on the execution side.
For entries it is not an issue as the ea compensates for this in the t/p calculation. However slippage on exit can take a 1-2 pip win to a 0 trade or 1-2 pip loss, given the win/loss ratio this fares acceptable.
When running on a retail broker such as fxdd,ibfx,alpari,etc because they implement filter in the data feeds you see a large reduction in the number of trades due to the reduction of available tick data. Institutional feeds fare better, which the majority out there do not trade on.
We are running the EA here for the features available in the stats, not to make an offering to sale.
Thanks for your comments, those are absolutely valid considerations from someone experienced.

to_ul

Member Since Aug 05, 2009  73 posts to_ul Sep 09 2009 at 20:33
thanks for giving some enlight on your system. what broker are u using if i may ask?

trading is passion
rsonic

Member Since Sep 04, 2009  5 posts rsonic Sep 10 2009 at 22:27
Collective FX, ForexGen using the Meta language version.

edelucia

Member Since Sep 09, 2009  5 posts edelucia Sep 11 2009 at 02:49
Hi, sorry I'm new in Myfxbook. Could you share the EA to test?
Thank you.
Emiliano.

edelucia

Member Since Sep 09, 2009  5 posts edelucia Sep 12 2009 at 19:17
I would like to buy your EA. Is possible?
Thank you.
Emiliano

yesayarb

Member Since Sep 15, 2009  3 posts yesayarb Sep 16 2009 at 04:08
Very impresive. With such small drawdown and short holding period.

rsonic

Member Since Sep 04, 2009  5 posts rsonic Sep 17 2009 at 21:17
Max Damage test setting @ 1% hit today, good to see it's functioning properly.

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