Alpari UK Classic (By baraban)

Gain : +108.9%
Drawdown 78.93%
Pips: 275.0
Trades 3778
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

Alpari UK Classic Discussion

Feb 28, 2011 at 12:12
2,273 Views
13 Replies
Member Since Apr 17, 2010   23 posts
Feb 28, 2011 at 12:54
This account showing the strategy that we are using on our managing accounts. All orders are 0.1 lot no MoneyManagement is used. So don't pay any attention on statistics shown in %, as its not accurate.

Balance curve would be the same as Cumulative pips curve. The actual balance of client's account would depend on the MoneyManagement settings. We recommend to use 2% per trade risk. Using this strategy with 2% per trade risk, annual Return on Investment (ROI) could be ~100%.

Maximal DrawDown at the moment is ~10%, but we think that in some period maxDD could reach ~30%. Such result could be if there will be 3-4 unsuccessful trading weeks in a raw. Strategy is capable to climb out of such DD in 1-3 months.

We are testing at the moment some modifications to our strategy, to reduce DD amount and possibility. It will optimize the performance as well, and the balance curve will be more smooth.
Don't risk more then 2% with one trade!
Member Since Feb 16, 2010   1332 posts
Mar 01, 2011 at 06:30
Very nice.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Apr 17, 2010   23 posts
Mar 01, 2011 at 13:28
Thank you :)
Don't risk more then 2% with one trade!
klam2404
forex_trader_29258
Member Since Feb 13, 2011   32 posts
Mar 03, 2011 at 15:42
Great
Member Since Mar 11, 2010   25 posts
Mar 07, 2011 at 09:10
Let me know if there is a new modification that will reduce the DD.

Well done.
Member Since Jan 01, 2011   8 posts
Mar 09, 2011 at 23:06
Вы продаете данноо советника? Если да то прошу написать на [email protected]
Member Since Apr 06, 2010   44 posts
Mar 17, 2011 at 14:40
How can I contact with you? Web address or mail address please.
Member Since Apr 17, 2010   23 posts
Mar 17, 2011 at 15:16
[email protected]
Don't risk more then 2% with one trade!
Member Since May 18, 2010   129 posts
Apr 04, 2011 at 11:23
Excellent so far.

I will follow you, but it seems quite robust so far, makes money in favorable market conditions, goes sideways if unfavorable, awesome, I wish you luck in your climb to the top, You are the one to for me to beat, I think the other guys at the top with EAs will beat themselves.

But I do not understand why you do not show the actual managed account? Do you do your managed accounts 'account copier' style? It would be nice to see the actual managed account on here. I have seen Money Management make or break accounts many times over.

1 pip pip banked is worth more than the rest out in the market.
Member Since Apr 17, 2010   23 posts
Apr 04, 2011 at 11:41
Thanks for the positive post :)
I do show actual managed account, just click on my username and you will see all my accounts. One of my clients account are 'TadawulFX henrikas'.

Of course I manage more than one account, but not all clients do let me post it, others has not accurate statistics, because performance fee is paid from trading account, or there was past trading before me(not new account), or i'm not the only trader who trades the account etc. So this (TadawulFX henrikas) account are showing the real performance.

I manage directly attaching the EA to each account's chart. I've tried account copier solutions, but because i use scalping strategy, every pip are very important, and when using copiers, there are always a chance to loose pips on opening and closing position. So the actual clients performance could be very different from master account.
Don't risk more then 2% with one trade!
Member Since May 18, 2010   129 posts
Apr 04, 2011 at 21:28
Hi Baraban,

What I meant was a PAMM managed account, you know you can attach an EA to your MT4 with a PAMM account and everyone else's account follows right? You only need to have one instance of MT4 running to manage thousands of accounts. Also your fee comes right off the top of each trade, the brokerage itself deals with distribution. Also, everyone gets filled at the same price, because it is traded as a lumped aggregate.

Is 2 pips on the Euro and 3 pips on the other majors too big a spread for your trading style?
1 pip pip banked is worth more than the rest out in the market.
Member Since Apr 17, 2010   23 posts
Apr 09, 2011 at 10:41
Thats the main problem, that NOT everyone gets filled at the same price. I'm scalping in low liquidity market, with target 4-5 pips. The requests are sent simultaneously, but some of them get requote/slippage on opening and/or closing. Thats why I manage directly each account on separate terminal. But i'm looking for software that will solve this problem, and will meet my needs, as i get more clients.
At the moment I can say that strategy works well on TadawulFX (Standard) account spreads, and Alpari UK (Classic). Its not about spreads, but price feed are making sense too. As for example one of my client has FXSalt account, spreads are low (ECN with commision), but EA doesnt trade a lot. So we can say that its broker dependent. It could sound crazy for those who trade with with more than 30pips TP targets, but its a reality for scalpers. Once i've tested on MBCFX DEMO and it was very good results, but this broker isnt seems reliable to me.
Don't risk more then 2% with one trade!
Member Since Mar 25, 2010   193 posts
Apr 16, 2011 at 17:59 (edited Apr 16, 2011 at 17:59)
Nice results, But how many accounts you will be able to manage that way, maybe your performance fall as accounts increase.

I will watching ur performance....

good work

Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
Member Since Apr 17, 2010   23 posts
Apr 16, 2011 at 18:11
I dont see any reason why performance should fall, as accounts increase. How it will affect my strategy? i think, that there are practicly no limits...
Don't risk more then 2% with one trade!
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