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I've added another currency pair EURUSD to trade with Black Panther.
The results seem good from other trader using Black Panther.
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[quote]bguguen posted:
Hey Cheng, trust me, Try running Hirider advanced using DIFFERENT parameters then the suggested, backtest and run demo at the same time.
mine with my custom parameter settings is doing great.., +14.96% growth... my profit already 10% of my account!
[/quote]
Hi Bguguen,
What parameters have you changed to what market situation? It will be nice if you can give more details to that. [neutral]
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The demo trade for HiRider Advanced here is continued from my previous discussion here:
http://www.myfxbook.com/community/trading-systems/frwc-hirider-advanced-demo/26728,1
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My Demo trade for HiRider Advanced is carried forward to here:
http://www.myfxbook.com/members/kinggy/frwc-hirider-advanced-demo/31003
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Super Volcano had lost two trades on recent two occasions because the chart was moving against the trend too fast and was moving ranging too. I've turned off Super Volcano to trade with GBPJPY on 09 May 2010 until the Great Britain Election result is clearer.
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This month May 2010, I've made the following settings to the Black Panther:
GPBUSD
Trailing-stop: 70pips
EURCHF
Trailing-stop: 70pips
They are the same settings as default.
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Currently, there are 30 floating trades.
If I read them correctly from my MT4, here are the trades:
Strategy2: 5 trades
Strategy3: 5 trades
Both strategies are opened at different timings with their 5 trades opened at the same time.
Strategies2 has triggered to open another 10 trades and so was Strategy3. These additional trades should only open when hitting the 55% and 70% stop-lost(210pips). Unfortunately, they didn't, these additional trades opened at the same time with Strategy2 and Strategy3.
I think the "modified" version was wrongly coded or I could have analysed the trade......
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Here's the trading account in DEMO for the new modified version of HiRider - HiRider Modified.
All settings remain default.
For more information on how the new EA works, please refer to:
http://frwc.wordpress.com/2010/04/23/hirider-modified/?preview=true&preview_id=156&preview_n6131f63838
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[quote]bguguen posted:
by the way cheng, my Hirider Advanced ust made me another 60 Green pips in the bag 120 waiting to be taken soon...
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Hi Bguguen,
It appears the same from my demo trading with yours.
Manuel T, the modifier for the new HiRider Advanced. The risk-reward ratio is better of than the HiRider Advanced.
More drawdown = More Profit
The above method can only prove workable if HiRider Advanced has a good accuracy in taking profit for every opening trades before it hits the 210pips stop-lost, else the losses can be huge.
From my trading with HiRider Advanced in demo ac......
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There's a new released of HiRider. FRWC named it as HiRider Modified.
I've put that modified EA for a test:
http://www.myfxbook.com/members/kinggy/frwc-hirider-modified-demo/27880
More information about the EA can refer from here:
http://frwc.wordpress.com/2010/04/23/hirider-modified/?preview=true&preview_id=156&preview_n6131f63838
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