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AnyTime v1.4 (By bizWiz)

Gain : +9.95%
Drawdown 53.53%
Pips: 5238.0
Trades 739
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Automated

AnyTime v1.4 Discussion

bizWiz
Sep 22 2009 at 12:20
397 posts
ok, no one had started talking on my system..so let me do the honors <img src='' alt='😁'/>

this is a one way grid system, with a protection from trends I have devised to prevent large drawdowns. so far so good.

thinking of introducing it to another currency, for diversification purposes, but haven't had the time to test yet for anything except eurusd.

Sleep is for the weak.
bizWiz
Sep 23 2009 at 13:26
397 posts
not much activity today, looks like the market is taking a break.

Sleep is for the weak.
bizWiz
Sep 23 2009 at 14:04
397 posts
I hope the rate decision in 4 hours will shake the market a bit..

Sleep is for the weak.
bizWiz
Sep 23 2009 at 15:50
397 posts
Looks like the market started to move, only in the wrong direction..

Is there something i'm missing? or the interest rate decision leaked?

Sleep is for the weak.
fxnewbee
Sep 23 2009 at 20:36
3 posts
Hi There,

I'm watching your system for a couple of days now and was really wondering, how you can achive such profits with a very low drawdown only with trading the longs.
Now I see that your open positions have a target above the magic resistance level of 1.5000.
Have you made any recent change in the system or did it went wrong after such a long time?

Work less, Earn more !
bizWiz
Sep 23 2009 at 20:39
397 posts
No nothing changed in the logic of the system.

The drawdown you see here is only on realized p/l. the drawdown I've expereinced on this account was about 35%.

Waiting for myfxbook to add the real drawdown figure to account stats.

The t/p are sometimes changed as the ea recognizes when the trend slows or accelerates, and moves the tp accordingly.

Sleep is for the weak.
Vidic
Sep 24 2009 at 02:13
24 posts
Hi biz,

Great system, Can you share this with me...i wanna test it out as well...

Why this system only open for long position?
with more than 200+ trading only 1 short position?

Current EURUSD is very high already..if still continue open for long do u think it will be very risky?

bizWiz
Sep 24 2009 at 06:39
397 posts
hi Fluky!

can't share it with you, I'm still developing it.. and I don't think I'll sell it either.. but I may share it someday, who knows.

the system only buys as this is a one way grid system going with the trend, and as you know the eur/usd is in an uptrend.

the 1 short position is just 1 manual trade I entered by mistake, so you can ignore it.

yes, it does sounds risky, but again once my ea recognizes a trend reversal, it starts closing positions. so far it worked well.

Sleep is for the weak.
bizWiz
Sep 24 2009 at 12:10
397 posts
choppy price action today.. looks like the eur/usd is still deciding where to go, but for now i believe it will continue its uptrend.

Sleep is for the weak.
bizWiz
Sep 24 2009 at 18:49
397 posts
damn that was some swift action.. looks like my system just entered the trend protection mode, and is not making any new trades until the trend resumes.

currently i'm at about 7% drawdown.

Sleep is for the weak.
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