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# EA_V801_V1 (By cxalgo )

The user has deleted this system.

# EA_V801_V1 Discussion

cxalgo
Sep 01 2010 at 14:26
35 posts
it´s my best one of all, with over 98% successrate!!
Sep 01 2010 at 14:45
1415 posts
Again 20:1 risk/reward is insane.

It's bound to be right 98% of the time when it has a risk:reward profile like that.

How does it perform when you set the risk:reward to 1:1?

That's the true test of an EA in my opinion.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
cxalgo
Sep 01 2010 at 14:48
35 posts
ok, but how can i put this to 1:1?

i´m only programming that ea´s
Soeren (GridsForPips)
Sep 01 2010 at 14:52
205 posts
Isn't it 5:1? It seems normal TP is 50-60 pips and opening SL is 255 pips. He's just trailing the stoploss when it goes in his trades direction...

Although he has never actually reached the TP🙃

Cheers

Soeren
Always get cashback -
Sep 01 2010 at 14:52
1415 posts
Just set your stop loss to the same as your take profit.

If the system loses under those circumstances then your trade entry logic is flawed and you are just relying on natural market movement and a very large stop loss to bring home a winner. Your EA might well make you some money in the long run but once you get a run of losers it will decimate your account.

I did a couple of posts about risk/reward on my blog last year.

I was looking at his average win/loss Soeren
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
cxalgo
Sep 01 2010 at 14:56
35 posts
thx for the info, it´s very helpfull for me

I´m actually show, if the backtest the same like the life test, now the work to make smaller beginn
Sep 01 2010 at 15:05
1415 posts
That's the issue, live trading is never the same as backtests. Spreads are often higher ( what time did you generate the backtest ). Brokers mess you about etc.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
cxalgo
Sep 01 2010 at 15:07
35 posts
i made the backtest in the maintime, in germany at 10 in the morning
Sep 01 2010 at 15:12
1415 posts
Okay, not sure if you are aware but MT4 backtests take the spread at the point the backtest was started. So, if your brokers spread widens in say the Asian session this is not accounted for. It's generally not too big a problem on EurUsd as the spread on that pair doesn't tend to widen too much but it's something to be aware of.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
cxalgo
Sep 01 2010 at 15:17
35 posts
that i know, my broker has allways 2 pips spread in fast markets too, fxcm and other have in these situation sometimes 4-9 pips or more, that´s to much for me
Soeren (GridsForPips)
Sep 01 2010 at 16:57
205 posts
I think it's very risky to bet 10% of you equity on a single trade (if you have set the starting SL to 50 pips like your TP) and 50 % (with 250 pips SL) is gambling on black or red on the roulette...

In my opinion, you should risk 2% at the most, I know you will profit less, but at least it safe!

Cheers

Soeren
Always get cashback -
Soeren (GridsForPips)
Sep 13 2010 at 02:21
205 posts
Have you considered using smaller lotsizes?
That open GBPUSD does take a lot of Equity - 'better to be safe than sorry' 😄

Even though it brings in smaller profits too.

Cheers

Soeren

P.S. Bringing in 20%-30% a month is super, no need for a massive 200%
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cxalgo
Sep 13 2010 at 06:08
35 posts
i thought about to have only 0.1 % risk of the account, with this setting i will start a new deport with more optimated ea, but thanks for comment, it´s a high risk ea. I agree, 20% - 30% a good each month
Soeren (GridsForPips)
Sep 29 2010 at 05:51
205 posts
Your most accurate EA so far?

I hope you start up a new one with a lot less risk...

Cheers

Soeren
Always get cashback -