NightChannelTrader (by positiveday) Quick Stats
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NightChannelTrader Discussion
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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.
In hoc signo vinces |
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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 |
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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 |
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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...
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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, |
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Member Since Nov 26, 2009 5 posts
Fabio
Jun 01 2012 at 20:35
Graphics stops updating after 11 of May, not good ...
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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 : '.
In hoc signo vinces |
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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.
In hoc signo vinces |
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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. |
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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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