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EA1/2 Forward Test w/ 20% risk (By Exsilium )

The user has deleted this system.

EA1/2 Forward Test w/ 20% risk Discussion

Exsilium (jriechers)
Dec 02 2009 at 22:45
60 posts
The EA settings im using here are for an ECN account on a different broker. Not sure how it will perform. I have opened a ECN demo with the correct broker, but have decided to run both at the same time, but with different risk settings.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 04 2009 at 18:00
60 posts
Holy cow, 77% profit in two days?
It is what it is, until its not, and then its something else.
freestylefx
Dec 04 2009 at 18:33
32 posts
impressive but your 80pip loss on GBPJPY was like 15% of the account????? then again, its still awesome returns.

I'm interested to see how it continues./


good look.
freestylefx
Dec 04 2009 at 18:34
32 posts
Doh... which is why the thread is called 20% risk. ;)
Exsilium (jriechers)
Dec 04 2009 at 19:23
60 posts

Yeah, this set up is not for the faint of heart, lol. Its also why i started a forward test on 5%.
It is what it is, until its not, and then its something else.
freestylefx
Dec 09 2009 at 09:25
32 posts
insane.....
.....I love it.

Is it a comercial EA or something you have developed ? Mr jriechers


cheerrs
Exsilium (jriechers)
Dec 10 2009 at 19:47
60 posts
Its commercial, though no longer for sale. I have been working personally with the developer to modify it to my own needs. Back testing for 2 months took 10k - 500k on one pair, 300k on another pair and 200k on another pair. I trade 4 pairs with it.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 10 2009 at 19:55
60 posts
Ignore the long gold trade... experimental. As you can see, with only 52% win rate, I have still more than doubled the account. The key here is money management. And 1 win = 4 losses.
It is what it is, until its not, and then its something else.
profijet
Dec 10 2009 at 20:21
134 posts
Good job. We will see results in few weeks
Exsilium (jriechers)
Dec 11 2009 at 05:41
60 posts
10k in open trades right now, when close should put this account over 200% in less than a week.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 11 2009 at 17:01
60 posts
For those of you following this account, please keep in mind the open XAU long as it is not part of the system, but an experimental trade. So while the open trades might be -4000 without that trade it would only be -400. Either way, the system is up over 200% in a week.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 11 2009 at 18:16
60 posts
System closed for the week up 209%.

Things to fix over the weekend. All trades are suppose to close at 16:00 GMT to avoid wierd gaps on the open. 3 of the 4 trades didnt close at the right time, one was an hour late, two were an hour early. Not a critical issue as the trades were in fact closed, but something that needs to be fixed.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 11 2009 at 19:55
60 posts
Ive had a few requests for managed accounts, so let me say this for everyone. Ive only been testing this for 1 week! In backtesting it turned 10k into 500k in two months, but thats backtesting. As found out today, there are some minor issues with closing times that have to be worked out and thats what forward live testing is for. I wont put any of my own money into this until next month, and while I wont turn down money from someone to manage an account, everyone needs to be aware that A: these results are based on 20% risk per trade and that B: i have another forward test going with 5% trade that turned out 25% in a week, and while that might not be 210% in a week, its safer for most traders. I highly recommend that everyone chill out and see what happens over the next 3-4 weeks. When I feel confident enough to invest my own money Ill say so. If you want to risk your money on an unproven system, thats up to you, but I morally have to make sure you fully understand the risk.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 11 2009 at 20:26
60 posts
Analysis is showing that 3 of the pairs traded have great R/R, but EURUSD has a slight negative R/R right now... most likely due to the unaccountable 500 pip drop recently.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 11 2009 at 23:06
60 posts
Average Daily Gain = 19.03%

Extrapolating this over 20 days (4 trading weeks) compounded is a 3170.30% return. Are you joking??? Who needs that much money.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 14 2009 at 06:38
60 posts
Ive made adjustments to the EA on all 4 pairs, most notably, start and end times.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 14 2009 at 20:13
60 posts
Not the best way to start out the week, especially after making some adjustments. Not entirely sure why at this moment, but only one pair traded today for an intial loss of -5538.77, but opened another trade in the opposite direction for a trade that is now 6423.49 regaining that loss and some profit and not even half way to the TP objective.

One of the major changes I made was the hours the trades were made which, unlike before, is now different for each pair. Originally it would start trading at 9:00 GMT and stop trading at 18:00 GMT. For some of the pairs, that has been reduced to only one hour of trading time which, while will reduce the number of trades, will increase accuracy.

However, I dont know that Ill stick with this. Accuracy isnt the key to this system, money management is. Ive been able to run one pair to 500k in two months with a 45% win rate. We will see... Ill analyze it again after this week is complete.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 15 2009 at 18:14
60 posts
Account just past the 40k point (300% gain - equity)
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 16 2009 at 16:46
60 posts
Account is up to 391% profit in two weeks so far (equity), a recent 21k TP was a nice push over the 300% level.
It is what it is, until its not, and then its something else.
Exsilium (jriechers)
Dec 16 2009 at 16:53
60 posts
Why doesnt this system show up in the list of systems?
It is what it is, until its not, and then its something else.
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