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FX-CT-OneMonthTest (By oshaban )

The user has deleted this system.

FX-CT-OneMonthTest Discussion

forexpipcatcher
Jan 30 2013 at 09:14
286 posts
8% DD is very little there must have been more to it. Hmm how about the margin? cycles takes you to the maximum margin usually.When you say you use 25 pips are you talking 4 digit broker or 5 ?

oshaban (oshaban)
Jan 30 2013 at 12:01
189 posts
Yes, 8% is little, but if the money owner is looking to the DD in $$$ but not in %%%, he will think differently specially in the big accounts. I can't rememebr how was the margin is, but it is still can handle more levels. I mean 25 pips/4 digits or 250pips/5 digits ... anway, the EA do that auto.

... oshaban ... skype: oshaban27 ...
forexpipcatcher
Jan 30 2013 at 13:08
286 posts
oshaban posted:
Yes, 8% is little, but if the money owner is looking to the DD in $$$ but not in %%%, he will think differently specially in the big accounts. I can't rememebr how was the margin is, but it is still can handle more levels. I mean 25 pips/4 digits or 250pips/5 digits ... anway, the EA do that auto.


Does your EA do calculations for long's and short together or are they sepaated and your taking a total accumulated?

oshaban (oshaban)
Jan 30 2013 at 13:14
189 posts
Longs and shorts are completely separated. Even profit is calculated to each direction separately. That means there is no close all orders (longs and shorts) at any time.

so, it looks like 2 EAs, each works in it's own direction.

... oshaban ... skype: oshaban27 ...
forexpipcatcher
Jan 30 2013 at 13:30
286 posts
who sold that to you because you have what I created long ago

oshaban (oshaban)
Jan 30 2013 at 13:38
189 posts
God ... How you are sure this code is yours?
I'm doing my own code ... doing c/c++ since 16 years ago and mql4 since 8 years ago.
If you already did such an idea, that doesn't mean other people can't think like yours!
I can show you a part of the code if you like. It is not de-compiled one ...
at the same time, you may show me a part of yours ...

Aslo, would you please tell me how you calculate target profit in your EA?

In the past, I created an EA named be 'Basic Balanced System' ... here is a link to it ...
https://forums.forex-strategies-revealed.com/viewtopic.php?f=5&t=484

That was few years ago ... after few months, I got few emails for marketing an EA called
BBS system ... I never tell them this system is mine because I'm not sure about if the system
is a copy of mine or not.

Anyway, about my EA, the main idea was belongs to a nice guy from Hungary who asked me to code
it to him (paid). The full rights of the original idea is kept to him as long as no changes are done to it.

I developed it and make it work in 2 directions instead of one with minor changes, so, the new version
will transfer the last version copyright to me and I sent him a free copy of the new version as I used to
all my clients about developing their ideas.

This is all the story of this EA.

... oshaban ... skype: oshaban27 ...
forexpipcatcher
Jan 30 2013 at 14:03
286 posts
No what I'm saying is that you are happy with this and I gave this up long ago thinking it was worthless. Perhaps the improvement you have made is worthwhile.

oshaban (oshaban)
Mar 12 2013 at 21:18
189 posts
The EA has hit 51.94% of profit within 2 months of test.

... oshaban ... skype: oshaban27 ...
Drew (ForexCure)
Jun 29 2013 at 09:50
147 posts
Hi, I am a Martingale trader and have learned from failure that being patient and using many, but small orders is the correct and profitable way to trade such systems. My set up is actually a well-known EA that I use in Demo mode to generate 1X,1X,1X,3X,6X,9X,15X,21X,etc, sized orders as necessary in the counter-trend. I am not a programmer but I have have found a way to throw away all 1X orders - treated as 'noise'. Even though some 1X may actually be profitable, I find that too may 1X orders can cause unnecessarily large drawdown (DD). History shows after 1000 trades or so, is either a loss, or balance to Zero $. So, I just throw them away. I filter out and keep only 3X and larger or even 6X and larger orders for Live trade. There will be 90% fewer orders and much less DD (and way less profit for Broker! ;))

Osama, do you have any comments?

Also, I would like to try out your EA. Please let me know some more details, settings, requirements, etc., and how to pay you.

-Drew
============================================================

Waant aal, lose aal, man...
oshaban (oshaban)
Jun 29 2013 at 12:15
189 posts
Hi Drew ...

Your idea is interesting. Logically (or actually, mathematically), first 1x, 1x, and 1x will lead to less profit that will compensated many times with next rounds if not closed on profit. Also, using such series is less risky than using factors belongs to linear equation.

You said, 'I filter out and keep only 3x and larger ...' ... I don't understand exactly what you mean by that !.

We can talk on private mail if you want to proceed to buy a copy and also, I offer you to merge your martingale system into mine and receive your copy as a bonus.

oshaban

... oshaban ... skype: oshaban27 ...
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