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FRWC HiRider Modified Demo (By kinggy)

Gain : -16.2%
Drawdown 34.14%
Pips: -3339.4
Trades 604
Won:
Lost:
Type: Demo
Leverage: 1:400
Trading: Automated

FRWC HiRider Modified Demo Discussion

kinggy (kinggy)
Apr 23 2010 at 11:06
24 posts
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:
https://frwc.wordpress.com/2010/04/23/hirider-modified/?preview=true&preview_id=156&preview_n6131f63838

Trade with Proper Money/ Risk Management
pc8multifx (pc8multifx)
Apr 23 2010 at 20:46
879 posts
Nice.. more thsn30% floating DD on the first trading day of the 'modified' version😲

forexma (forexma)
Apr 23 2010 at 21:14
1332 posts

pc8multifx posted:
    Nice.. more thsn30% floating DD on the first trading day of the 'modified' version😲


I agree it's quite unconvincing.

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
kinggy (kinggy)
Apr 23 2010 at 22:02
24 posts
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 trades wrongly?😕
I shall find out from FRWC about this.

Trade with Proper Money/ Risk Management
koh123
Apr 24 2010 at 00:46
13 posts
i borrow from somebody statement:

'There is a bug in this version. It does not add positions at the defined levels at all, but instead it adds the same number of trades immediately at roughly the same entry prices, for both. As an example, if you define maxtrades = 5, it will immediately add 5 trades (supposedly at 55% level) and then 5 more trades (supposedly at 70% level) making total 15 trades just after the first 5 entries. Hence the profit (and loss) are always increased by 3 times'

please be informed.

KagiFX1
Apr 24 2010 at 02:54
14 posts
Mine fired the additional lots at the original entry price as well today. I had it set to one entry per strategy and ended up with 6 open trades. It looks like their is a bug.

Take as much as you can while you can.
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