TrendScalping EA (By forex_trader_122035)
The user has deleted this system.
TrendScalping EA Discussion
Member Since May 20, 2011
724 posts
Nov 01, 2015 at 07:23
SubTh3ory posted:I concure, I have done this many times with other EAs that cost even more and regret it very much.,
It's so dang expensive. I can buy a brand new Xbox One with that money. My wife is definitely not going to agree with my spending my money on something that is risky. :/
Nov 01, 2015 at 13:11
@SubTh3ory With Xbox 1 you cannot make money, that's the difference why good EA won't be for free.
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Nov 04, 2015 at 16:11
(edited Nov 04, 2015 at 16:24)
@SubTh3ory
@FXtrader2010
Look like you don't really understand draw-down.
Draw-down are losing trade but those trade have not closed, so they are not lost trade.
I have a draw-down of 55% but there are no lost trade mean that the 55% ended up becoming profit trade.
So if you are saying a system with 55% is not making money, i believe you don't understand the draw-down properly.
Well, i have achieved 1200%. So there is no chance i will be wiped.
@FXtrader2010
Look like you don't really understand draw-down.
Draw-down are losing trade but those trade have not closed, so they are not lost trade.
I have a draw-down of 55% but there are no lost trade mean that the 55% ended up becoming profit trade.
So if you are saying a system with 55% is not making money, i believe you don't understand the draw-down properly.
Well, i have achieved 1200%. So there is no chance i will be wiped.
Member Since Mar 30, 2015
46 posts
Nov 06, 2015 at 09:20
applesia1990 posted:
@SubTh3ory
@FXtrader2010
Well, i have achieved 1200%. So there is no chance i will be wiped.
So confident you should seek VC investors instead of poor retail traders... Top Hedge funds make less than 20% a year. A good year is 5% with 2-3 billions in portfolio. Don't say stuff like that, I understand the logic behind it but, there is still a *strong possibility that drawdown ends up being a loss, don't confuse people and tell them it won't be a loss.
Nov 06, 2015 at 12:23
I do understand Drawdown, I just am not sure if the strategy itself is going to continue to be consistently profitable. I've been watching many EA's in the past that were profitable for 5 months or more and still ended up failing for some reason. Until I have money to pay for the EA, I am just going to keep track of how it works.
Member Since May 20, 2011
724 posts
Nov 06, 2015 at 12:26
SubTh3ory posted:I think anything under 30% DD is worthy in FX. Even still 30% is a lot of money to look at when all things considered the odds are against you. 30% should be worst case. So maybe could use this but lowered risk settings.
I do understand Drawdown, I just am not sure if the strategy itself is going to continue to be consistently profitable. I've been watching many EA's in the past that were profitable for 5 months or more and still ended up failing for some reason. Until I have money to pay for the EA, I am just going to keep track of how it works.
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Nov 06, 2015 at 18:29
(edited Nov 06, 2015 at 18:30)
@FXtrader2010
@SubTh3ory
@empiredraft
Ok, i will take up the challenge to proof you guys that low draw-down can be achieved. Thus i have stop my account and will transfer over a new account with the same system. But this time with a low draw-down.
The new account will have draw-down below 30%, will run for more than 5 month.
See you guys soon and happy trading. =)
@SubTh3ory
@empiredraft
Ok, i will take up the challenge to proof you guys that low draw-down can be achieved. Thus i have stop my account and will transfer over a new account with the same system. But this time with a low draw-down.
The new account will have draw-down below 30%, will run for more than 5 month.
See you guys soon and happy trading. =)
Member Since May 20, 2011
724 posts
Nov 06, 2015 at 19:56
applesia1990 posted:Sounds good! Happy Trades TrendScalp
@FXtrader2010
@SubTh3ory
@empiredraft
Ok, i will take up the challenge to proof you guys that low draw-down can be achieved. Thus i have stop my account and will transfer over a new account with the same system. But this time with a low draw-down.
The new account will have draw-down below 30%, will run for more than 5 month.
See you guys soon and happy trading. =)
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Nov 18, 2015 at 22:39
(edited Nov 18, 2015 at 22:40)
65% dd now ,you call it low,i call it the death trade,totally fake trader
Member Since May 20, 2011
724 posts
Nov 18, 2015 at 22:40
rob559 posted:*CLAPS* this one not looking so good
65% dd now ,you call it low
Member Since May 20, 2011
724 posts
Nov 18, 2015 at 22:46
well they made 1300% so nice job. Hope some ws withdrawn
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Nov 19, 2015 at 01:56
@rob559
It is not death. i withdraw a large amount of profit. As such sudden increase in drawdown due to profit withdrawal.
Did you read my previous post? I have indicated the reason.
@FXtrader2010
@empiredraft
@SubTh3ory
This is the link to the new account with low drawdown:
https://www.myfxbook.com/members/applesia1990/trendscalping-expert-advisor/1424281
It is not death. i withdraw a large amount of profit. As such sudden increase in drawdown due to profit withdrawal.
Did you read my previous post? I have indicated the reason.
@FXtrader2010
@empiredraft
@SubTh3ory
This is the link to the new account with low drawdown:
https://www.myfxbook.com/members/applesia1990/trendscalping-expert-advisor/1424281
Member Since May 20, 2011
724 posts
Nov 19, 2015 at 02:48
(edited Nov 19, 2015 at 02:51)
Makes sense!
ok looking good! like the new one nice work so far!
ok looking good! like the new one nice work so far!
Nov 19, 2015 at 07:19
Guys, @applesia1990 is running new TrendScalpingEA conservative account here:
https://www.myfxbook.com/members/applesia1990/trendscalping-expert-advisor/1424281
https://www.myfxbook.com/members/applesia1990/trendscalping-expert-advisor/1424281
Member Since May 20, 2011
724 posts
Nov 22, 2015 at 05:06
I would like to request a backtest from 2008 until now on this given you seem to pride yourself so much on research and testing models. Please and thank you.
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