NightChannelTrader (by positiveday) Quick Stats
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NightChannelTrader Discussion
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positiveday

Member Since Apr 07, 2010  51 posts positiveday May 30 2012 at 20:09 (edited May 30 2012 at 20:11 )
Hello Anchorpoint, this ea, like all ea, has a Money Management that can be freely set by the user.
I've set this ea for maximum trading risk and (obviously) maximum gain.

This is not an hedge fund, this is an expert advisor.
This is an example of how can trade this expert advisor.

You can run it at 1/4 of risk, you will get 1/4 of gains and you will receive 1/4 of drawdown.

A guy on our forum said that he knows another expert advisor that works better, with more gain and less risk.
Well, he can trade with that expert advisor.

This running copy of NCT has a setting with 55% of maximum drawdown, after that drawdown he will send an hedge order.
smiley

In hoc signo vinces
Fabio

Member Since Nov 26, 2009  5 posts Fabio Jun 01 2012 at 09:59
Hello Carlo, does this system is in hedge now ?
Why the drawdown is not displayed ?

Thanks

positiveday

Member Since Apr 07, 2010  51 posts positiveday Jun 01 2012 at 10:18
Hello Fabio, the drawdown is shown in 'Info' + 'Stats' panel.
The value shown is : 55.37%
It could send the hedge order if the price goes down further.

In hoc signo vinces
winnerforex

Member Since Jul 03, 2010  96 posts winnerforex Jun 01 2012 at 17:15
A no-stop loss strategy will FAIL ONCE.. It is a universal truth in forex...



jsintl

Member Since Oct 03, 2010  78 posts jsintl Jun 01 2012 at 17:39
Hi Positiveday,

During this time of GBP/USD trending, can this EA trade only at the direction of the trend?

Tks,

Fabio

Member Since Nov 26, 2009  5 posts Fabio Jun 01 2012 at 20:35
Graphics stops updating after 11 of May, not good ...

positiveday

Member Since Apr 07, 2010  51 posts positiveday Jun 01 2012 at 21:55 (edited Jun 01 2012 at 21:57 )

   Fabio posted:
   Graphics stops updating after 11 of May, not good ...


Hello Fabio, seems you have some problem reading MyFxBook data.
The update is done frequently, as needed from MyFxBook.
See 'Info' + 'Stats' , at the end of the pane, you will see the last update time of data after the 'Updated : '.
smiley

In hoc signo vinces
positiveday

Member Since Apr 07, 2010  51 posts positiveday Jun 01 2012 at 21:58

   jsintl posted:
   Hi Positiveday,

During this time of GBP/USD trending, can this EA trade only at the direction of the trend?

Tks,


Yes, it can trade only in trend direction.
smiley

In hoc signo vinces
RPP123

Member Since Sep 24, 2010  45 posts RPP123 Jun 01 2012 at 22:14 (edited Jun 01 2012 at 22:20 )
no mater what you trade grid or martingale it will always will get you sooner or later,

46% DD it's to much,the problem with EA's they don't have emotions,

i don't see this EA diffrent then GridMeUp or cable run etc,

Human trader was cutting lost fast,

i wish everyone good luck.

Fabio

Member Since Nov 26, 2009  5 posts Fabio Jun 04 2012 at 15:03
no problem reading myfxbook Carlo,
simply you have stopped graphics update at 16 of May 2012

Cheers

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Merchandise Trade Balance Total (57 min)
New Zealand Current Account (QoQ) rises to $-...(6 min ago)
EURUSD 1.33851 GBPUSD 1.56339
USDJPY 95.509 USDCAD 1.02154
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