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Genesis System (By InfinityPhi )

Gain : +11.27%
Drawdown 30.33%
Pips: 1278.5
Trades 649
Won:
Lost:
Type: Demo
Leverage: 1:400
Trading: Automated

Genesis System Discussion

InfinityPhi
Sep 27 2013 at 07:15
46 posts
This is an automated, true market structure, trading system. It uses only our proprietary market structure indicators.

InfinityPhi
Sep 27 2013 at 20:59
46 posts
I just thought of something that I want to clarify, as this will probably be asked at some point.

Will any of these systems ever be offered for sale to own? The answer is mostly...no. I say mostly because....well, if someone decided to offer us a few billion $......we might actually sell the system(s). But for a fee that most non-ultra rich people would be willing to pay, it would definitely not be for sale.

We have been discussing different possible solutions to grant access to the systems and those include managed accounts, and trade copy services. Both of these options are still under serious consideration, but will not be offered until after we have a live reference account trading to ensure system stability, and correction of any lingering bugs in the program code.


dunkdenk
Sep 28 2013 at 01:46
85 posts
I've added this ea performance to my watch list, it seems good since the ea started. But few days isn't enough to test an ea, i'd say 2-3 months would be the minimum. I agree that most of profitable ea won't be for sale for a cheap price. But for a fair price for a thin pocket trader like me, you could provide your ea as a signal provider, but if your ea is a time-sensitive ea which few seconds could give a different result, then providing a PAMM account would be the best option (i think).

InfinityPhi
Sep 28 2013 at 17:49
46 posts
dunkdenk posted:
I've added this ea performance to my watch list, it seems good since the ea started. But few days isn't enough to test an ea, i'd say 2-3 months would be the minimum. I agree that most of profitable ea won't be for sale for a cheap price. But for a fair price for a thin pocket trader like me, you could provide your ea as a signal provider, but if your ea is a time-sensitive ea which few seconds could give a different result, then providing a PAMM account would be the best option (i think).


If you check the average trade length in the system page, you will see the average trade time is over 15 hours. So, this is not a time sensitive EA.

Also, this is just the demo account. Since the system has tracked in the demo as the backtests predict it should trade, we decided to go ahead and make the demo public. We are still making some updates and bug fixes. Primarily, before it is made available to anyone, we will have used it in a live account for a few months to ensure it is trading exactly as expected.

DMFXTrader
Sep 30 2013 at 08:54
61 posts
This is on my watch list as well. I am very interested in this method of trading. :)

Continental
Sep 30 2013 at 10:42
1 posts
Continental in the house, will be putting my system on too, still setting things up

InfinityPhi
Oct 01 2013 at 20:51
46 posts
Just wanted to drop a quick FYI. Normally, we would not be allowing trading during a week like this with so many unknowns happening. That said....since this is a demo, and we wanted to see how the system deals with this situation to know if it these type of events need to be filtered, we made the choice to allow trading.

That said, there are several trades open currently, so we shall see how it all turns out! 😄

Antny (fughe)
Oct 03 2013 at 20:07
724 posts
Wild week to trade

Make losses, but always come out a winner at the end.
InfinityPhi
Oct 03 2013 at 22:30
46 posts
Wow! That was a wild ride. So, we allowed the demo to trade through the US shutdown, and it performed like a haus! No stoplosses, a few conservative exits, and a lot of targets.

We did an early close for the last trades today. The AU set ran to TP shortly after we closed, and the EG still had a little ways to go (as of this time). The reason for the early close was we found a bug in the code and decided to go ahead and shut everything down to perform the fixes and update for next week.

So, how are the stats compared to our expectations for the backtests? Right on target. The accuracy should run somewhere in the 80% range, and it is doing that now. The expectancy is a little on the low side, but there are still only a few trades on record, so that average will likely come up. Add to that, there are still a few currencies/systems that have not traded yet, one of those currencies being the most active historically....the GBPUSD. The monthly average is finally starting to ramp up closer to historical expectation @ 30%. Still a ways off, but as was noted earlier, there are still not many trades on record and some systems/currencies have not yet traded.

All in all, it is headed in the direction we expect.

DMFXTrader
Oct 04 2013 at 05:38
61 posts
Thanks for the update. I have been keeping an eye on the account but obviously I can't see the open trades so it isn't that exciting to watch just the equity amount! Impressive though. Long may it continue. :)

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