FXCharger (by fxcharger) Quick Stats
Gain: +1912.72%
Drawdown: 57.29%
Pips: 1088.9
Trades: 564
Won:
Lost:
Type: Real
Leverage: -
Trading: Automated

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FXCharger Discussion
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LongVision

Member Since Apr 06, 2018  254 posts LongVision Jun 16 at 09:11
Drolph posted:
LongVision posted:
Drolph posted:
togr posted:
Well multi currency system ounds great but it has its own flaws.
Like if you got stagnation on one pair and than on another :)


Or you got them on mutliple pairs simultaneously, adding each others drawdown to horrendous values. wink


That is a vaild question. I already taken this in the consideration. Correlation between pair should also consider when trading on multicurrency strategy. For example USDCAD & EURUSD have common currency USD so any strategy may have 50% correlation. So I reduced the risk by 50% when I will deploy any strategy. But in case of EURCAD and AUDUSD I will not reduce any risk as these pairs are uncorrelated to each other.

This is why trading is not easy you have to consider multiple things when trading.

Thanks


Sounds again logical. But I have seen uncorrelated pairs producing negative results in parallel for the same strategy more than often. All these theoretical aspects sound smart, but trust me - market is smarter.

It is the same thing like analyzing market sessions, where 'usually' the asian session got the lowest range on average and all these night scalpers seemed to be the holy grail. Nowadays you have crazy moves during asian session more than often while trading during London session is mostly calm in comparison.

You are trying to get a peace of mind situation with these theoretical preparations. But it is no 'advantage'. Sorry.


I live trading these strategies since 2017 in forex with positive result. There is always some kind of correlation exist between different pairs. What I can control only risk on individual trades only.How strategies will be performed on future data there is no guarantee but only probability.
As a algo trader result of individual or few trades does not matter. The trading system decides which trades to make, regardless of current conditions.

The market will trade through it’s path of least resistance .
togr

Member Since Feb 22, 2011  4836 posts vontogr (togr) Aug 24 at 07:57
Not updated since June
Who knows what is the DD now?

MicF

Member Since Nov 26, 2016  95 posts MicF Aug 24 at 11:10
100% as stated above.

marco_mmbiz

Member Since Jul 20, 2019  294 posts marco_mmbiz Aug 24 at 12:21
togr posted:
Not updated since June
Who knows what is the DD now?


There you go:
Attachments:

patience is the key
LongVision

Member Since Apr 06, 2018  254 posts LongVision Aug 25 at 16:40
HolyaHola posted:
LongVision posted:
Drolph posted:
LongVision posted:
Drolph posted:
togr posted:
Well multi currency system ounds great but it has its own flaws.
Like if you got stagnation on one pair and than on another :)


Or you got them on mutliple pairs simultaneously, adding each others drawdown to horrendous values. wink


That is a vaild question. I already taken this in the consideration. Correlation between pair should also consider when trading on multicurrency strategy. For example USDCAD & EURUSD have common currency USD so any strategy may have 50% correlation. So I reduced the risk by 50% when I will deploy any strategy. But in case of EURCAD and AUDUSD I will not reduce any risk as these pairs are uncorrelated to each other.

This is why trading is not easy you have to consider multiple things when trading.

Thanks


Sounds again logical. But I have seen uncorrelated pairs producing negative results in parallel for the same strategy more than often. All these theoretical aspects sound smart, but trust me - market is smarter.

It is the same thing like analyzing market sessions, where 'usually' the asian session got the lowest range on average and all these night scalpers seemed to be the holy grail. Nowadays you have crazy moves during asian session more than often while trading during London session is mostly calm in comparison.

You are trying to get a peace of mind situation with these theoretical preparations. But it is no 'advantage'. Sorry.


I live trading these strategies since 2017 in forex with positive result. There is always some kind of correlation exist between different pairs. What I can control only risk on individual trades only.How strategies will be performed on future data there is no guarantee but only probability.
As a algo trader result of individual or few trades does not matter. The trading system decides which trades to make, regardless of current conditions.


How long have you been preparing this speech?

Judging by the second trade here,

you don't even know what correlation is and how to use it.

Most importantly, you don't see the trend

https://www.myfxbook.com/members/LongVision/tat-system/3575530

The best thing you can do
write a lot, and without meaning

Another new account only registered few hour ago to troll because I question there EA.

The market will trade through it’s path of least resistance .
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EURUSD 1.19182 GBPUSD 1.33642
USDJPY 103.982 USDCAD 1.29965

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