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HandsomeJack (By o_Olsen )

The user has made his strategy private.

HandsomeJack Discussion

khalidk
Sep 03 2015 at 09:59
2 posts
I'm using your system on Signal Start (SS), but the numbers are weird and don't reflect your system.

So, for the drawdown that your system has right now (11.98% on SS), the profit seems to be overly underestimated (around 24%). What do you think I should set the 'Multiplier'??

I'm setting it around 0.25 which should hypothetically set the Drawdown to 3%... Waiting for the next trade to see if it reflects the right lot sizes
o_Olsen (olaf_olsen)
Nov 17 2015 at 18:11
23 posts
khalidk posted:
I'm using your system on Signal Start (SS), but the numbers are weird and don't reflect your system.

So, for the drawdown that your system has right now (11.98% on SS), the profit seems to be overly underestimated (around 24%). What do you think I should set the 'Multiplier'??

I'm setting it around 0.25 which should hypothetically set the Drawdown to 3%... Waiting for the next trade to see if it reflects the right lot sizes

hi Khalid!
sorry, I never looked here and got no notifications about any posts :)
anyway, if this is still important for you - everything is described at HandsomeJack SS page - why there are wrong numbers, and everything else.
o_Olsen (olaf_olsen)
Dec 15 2015 at 23:12
23 posts
*WARNING* during the Dec 15, 2015 - Jan 15, 2016 period the risks will be 5 times lowered on HandsomeJack system
o_Olsen (olaf_olsen)
Jan 06 2016 at 16:10
23 posts
Happy New year everyone! years delimiter passed without any issues :)
o_Olsen (olaf_olsen)
Jan 15 2016 at 17:15
23 posts
The risks are increased 5 times - to normal value, so now it trades in regular way
Ozzie Matt (aeronthomas)
Jan 19 2016 at 16:20
1557 posts
the 80% drawdown listed is that intraday drawdown?
o_Olsen (olaf_olsen)
Jan 19 2016 at 16:37
23 posts
aeronthomas posted:
the 80% drawdown listed is that intraday drawdown?

holy cow no :) that was a one-time max DD in January, 2015, when CHF disconnected from Euro, that was very hard week for the bot. the average DD through last year was something like 5-7%, sometimes going up to 12-15%, but that is not normal.
Ozzie Matt (aeronthomas)
Jan 19 2016 at 16:40
1557 posts
olaf_olsen posted:
aeronthomas posted:
the 80% drawdown listed is that intraday drawdown?

holy cow no :) that was a one-time max DD in January, 2015, when CHF disconnected from Euro, that was very hard week for the bot. the average DD through last year was something like 5-7%, sometimes going up to 12-15%, but that is not normal.
okay so that was the SNB CHF crisis. will take a close look at it. cheers
o_Olsen (olaf_olsen)
Jan 19 2016 at 16:44
23 posts
o_Olsen (olaf_olsen)
Feb 28 2016 at 09:21
23 posts
I`ve made some important changes because my broker trades count limitation is 512, and Jack was operating large amounts of trades (it came to 129 earlier this week). now the trades count is a lot times less, so it will close much faster, therefore - it won`t loose profit while closing the current trades sequence, and, what is more substantial - won`t reach the trades count cap in this universe. these changes don`t touch the risk management, so generally trading process is the same as earlier, just less trades.
happy trading!
o_Olsen (olaf_olsen)
Mar 10 2016 at 07:09
23 posts
seems that everything works fine after last updates!
new subscribers are welcome.
o_Olsen (olaf_olsen)
Mar 17 2016 at 09:50
23 posts
reached the +150% mark! 😁
manolish
Mar 19 2016 at 14:17
4 posts
Seems like a great signal. However I see the balance is large.

What is the minimum amount one could start to trade the signal?
o_Olsen (olaf_olsen)
Mar 19 2016 at 14:45
23 posts
hello!
you may setup the risk multiplier on signal start, doesn`t matter how much money you have :)
o_Olsen (olaf_olsen)
May 10 2016 at 18:26
23 posts
the market was crazy last 2 weeks, hope everyone is ok =)
Asiatradeformula
May 12 2016 at 08:01
1 posts
hi

I had enough of money in my account and lot multiplier on signal start set to 1.0. But my account lost about 20%. what can be the reason?

I didn't receive any margin call.

pls advise me.

thanks
o_Olsen (olaf_olsen)
May 12 2016 at 08:10
23 posts
hello!

sorry to hear that, pal.
really, I don`t know what to say. it seems to be a signal service problem (or pings between your broker and SignalStart servers) because I`ve got some bucks in plus, and have no idea why and how could you lose something.

sincerely,
Olaf
o_Olsen (olaf_olsen)
Jun 23 2016 at 08:10
23 posts
please note that lot value is lowered 2.5 times for Brexit period, just for the case.

happy trading!
o_Olsen (olaf_olsen)
Jun 30 2016 at 15:37
23 posts
lot is now restored to original value
ovisun
Jun 30 2016 at 17:36
439 posts
Asiatradeformula posted:
hi

I had enough of money in my account and lot multiplier on signal start set to 1.0. But my account lost about 20%. what can be the reason?

I didn't receive any margin call.

pls advise me.

thanks

If there is slippage the SignalStart will not copy the trades. In this case, most probably the problem is your broker. Best option is to use same broker as the signal provider, in this case Forex4you.
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