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GBP/JPY 15-Min Trend-Following (By Roulette Trader)

Gain : +1017.84%
Drawdown 61.83%
Pips: 8945.7
Trades 737
Type: Real
Leverage: 1:50
Trading: Automated

GBP/JPY 15-Min Trend-Following Discussion

Aug 25, 2016 at 00:40
43 Replies
Roulette Trader (RouletteTrader)
Member Since Jan 31, 2016   18 posts
Sep 16, 2018 at 06:16
That's correct. Oanda's MT4 will only pull up the last 3 months of trade history.
Makote RK (KhotsoM)
Member Since Jun 09, 2020   1 posts
Jul 10, 2020 at 17:47
Hi there,

Thank you for putting this product together. This bot looks great and I'm very interested in purchasing!

Before I do, could you confirm if it can be slightly reconfigured to the 5m timeframe and to be able to reduce the risk. My risk threshold is not more than 10%. I don't mind lower returns at all. (Could you recommend those settings to me upon purchase perhaps?)

Also, could you also confirm if the SL/TP is fixed or if it can be changed to multiples of the ATR. This is not too much of a worry for me at this point as I'm sure your current settings work just fine - maybe just a suggestion on my part.

Hope to hear from you. :)

Best regards,
Khotso M (RSA)
DV Cadmael (jjcadiga)
Member Since Apr 12, 2020   3 posts
Jul 10, 2020 at 19:46
Hi Don

I bought your book a few months ago and have now stumbled upon you here on this website. Thank you for the work and I think the money management insights are great. I've been testing the consecutive money management rules on my own systems through the Oanda broker for a few months now, but with not much success.

My systems seem to have performed very well during the Huge volatility of recent March 2020 volatility (and now understand why you apply filters to low volatility from this practical experience) , but otherwise they seem to bleed out slowly, generally speaking.

I have two more general questions for you as I consider your methods while trying to improve my own trading:

1. Why is your focus on GBPJPY ? Is this purely trader preference, or this insight has come from backtesting? From testing with my systems over the past couple of months I cannot tell the performance apart on this pair vs. some of the other highly liquid major pairs, although some of them more obviously would want to be filtered out and not traded, from looking at the data I've collected.

2. Would you agree that much of the performance of your systems can be attributed largely to having a winning edge with your entry signals? I observe that in this 15 minute breakout system you have a 100 pip TP and 250 SL , which means that ceteris paribus you would need a +71% winning percentage to see a profit (if my math is correct). I observe that your system has a 77% win percentage over the past 4 years which is awesome. I agree with the power of designing for clusters and the improved profit/drawdown ratio, but would you agree that without the winning pct edge that a random system might not even breakeven with a MM system like this? The reason I ask is because I am struggling with my own entry signal development to overcome that, and am interested if you think that is a major key to the kingdom?

Appreciate any insights on these topics that you might be able to lend. I'd be happy to share some of the stats I've collected so far if you're interested (systems on this site) . Again thanks for your work and insights into MM. I am applying these now to my own trading.

In god we trust, all others must bring data.
Roulette Trader (RouletteTrader)
Member Since Jan 31, 2016   18 posts
Jul 11, 2020 at 01:44
Hi Khotso,

Thanks for your interest in my EA. You can run the EA on any time frame but it is optimized for the 15 Min time frame because that is the one that produced the best results in my testing. However, you can optimize the settings for any time frame or other currency pair. See #4c for tips on this at:

The best performer of 2020 is the EUR/CHF BIG Candle robot. You can find that robot and others at:

Please let me know if you have any other questions.

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