eurgbp-scalping(1) diskuse

Hi everyone.
Thanks for visit my portfolio.

We are professional forex trader groups over 3 years and made profit over 400% !!!

Now we support management account service.

Please contact [email protected]

SG, I noticed you have some substantial live accounts and use brokers outside of the US. May I ask which brokers you use.

i use many brokers outside of The US.
 - Alpari, Forex.com UK, Fxopen...

in this case, Fxopen

is fxopen using segregated accounts ? are those >100K secure ???

There is so much rumor Fxopen is scam..

But i have used fxopen over 1 years. and in my opinion, they have great services and support.

But our account management service will going on Forex.com
(Forex.com has a branch office at japan.. so it works fast and No english)

so you're saying fxopen had your > 100K for over 1 year and it's still there ... that's a good sign ...
is your fxopen the ECN account or the regular one ?

Standard account.. not ECN (commision of Fxopen's ECN is too expensive for me)

Hi SG-Japan,

I was analysing your 2010-04-09 trade where it gapped up over the weekend. It triggered up to 4 martingale positions, with the last being 81 standard lots. (Or rather 81 times the lotsize of the 1st position).

Your equity before the trade was $208,985.02. The maximum the price went up to 0.8847. The $ drawdown for all 5 positions went as high as -$58,780.49. A relative drawdown -28.13%.

I see that each Martingale position's lotsize is 3 times the previous and at a step of 22pips. The 5th position was 58 pips away from the 4th position due to the gap up and triggered the moment your broker opened for business for the week.

Had you used a broker that opened earlier in the week like IBFX, the 5th position would have triggered at 0.8818 (38 pips from the 4th position) and your drawdown would have been -$83,780.33. Relative drawdown -40.09%

A suggestion is to change your settings to open a subsequent martingale position greater than 22 pips away. Or avoid the 1st position trade at 14:58 GMT+1.

Another observation, and no offense meant, please don't take this the wrong way. Is this a micro account that is multipled x100? I'm unaware of brokers offering 1:500 leverage for larger deposits.

Hi Clearpaper.

thanks for your advice. yes, you are right. this is micro account.

about My system. this is not a just simple martingale (what ever happend, just doing multiply lotsize)

system has Neuron-network for more accurated entry point. and trade result will be feedback to NN(Neuron-network)



but. i know Martingale is a basically risky trade mechanism.

so i made MaximumLot, MaximumDD, etc.. for protect my account..


and Now Maximum DD is 35% (default setting and can be changed automatically by NN)
this 35% is came from backtesting (2000-2009)

and Grid setting also can be changed by NN automatically or manually. default is 25pip (also optimized by backtesting)

i have not tested this system at IBFX. but i think NN will be optimized to IBFX Properly and the result will be different.
 

jjpark1 posted:
   
system has Neuron-network for more accurated entry point. and trade result will be feedback to NN(Neuron-network)

and Grid setting also can be changed by NN automatically or manually. default is 25pip (also optimized by backtesting)

What is a Neuron-network ? You need to subscribe to this service where they got data feed back to your MT4 ? Or the Neuron-network system is operate at your own PC ?

Is it true that on mini account the Maximum balance is 3k, more than that your leverage will become 1:5


Maximum balance allowed is US$3000 (When the account reaches a balance of US$3000 or more, the leverage will be reduced 100x (for example from 1:500 to 1:5). To adjust the leverage back to the level of your choice, you can withdraw from your account (or close some losing positions) to make the balance less than US$3000, then adjust the leverage from your MyFXOpen area. For additional information click here)
Trading volume from 0.1 micro lot, 1 pip is 1 cent approximately (1 micro lot = 1000 points of the base currency)
*balance on micro accounts is indicated in cents

neuron-network or neural-network is a part of computer science. By most artificial intelligence system, NN has been used.

yes. Fxopen has such rule.

over 3K account, leverage will be downed.

jjpark1 posted:
    Hi Clearpaper.

thanks for your advice. yes, you are right. this is micro account.

about My system. this is not a just simple martingale (what ever happend, just doing multiply lotsize)

system has Neuron-network for more accurated entry point. and trade result will be feedback to NN(Neuron-network)



but. i know Martingale is a basically risky trade mechanism.

so i made MaximumLot, MaximumDD, etc.. for protect my account..


and Now Maximum DD is 35% (default setting and can be changed automatically by NN)
this 35% is came from backtesting (2000-2009)

and Grid setting also can be changed by NN automatically or manually. default is 25pip (also optimized by backtesting)

Hi SG-Japan,

Thank you for the explanation. Your neural network main strategy entry is very interesting. Do you store the historical database within MT4 or off-site? Is your logic also run within MT4 as an EA or eternally?

For the martingale recovery, I see now that the grid setting is 25 pips. In reality it is 22 pips due to the +3 pips spread, yes?

yes 22pip is came from 25pip - 3pip (a spread of EURGBP)

-----------------

Architecture of this system is ...

EA has tree parts.

1. Normalizer
    this part is calculating many values like previous price action, indicators, pivot and etc...
    all input data of NN has to be normalized and this part is for it
  
2. Neural-Network
    NN make decision for entry point.

3. Order Management
    When orders are opened .. and it goes wrong way.. this part doing Martingale
    of course all of martingale action will be processed by Neural-Network


1. 3 part is coded MQL4

2 part is coded by C++, compiled DLL


so entire picture is like this

MT4 <- > EA <-> DLL

Fantastic . If this is true , it would be the first NN-EA EVER which works.... I tested many, all went to the bin.
 On the other side, with a clever Marty strategy u can trade what u want, u will come always out of the s..t when the entry was wrong.
 Since the involved Marty on this system operates with a fix pip step its not really a smart one.. an adaptive one would improve the system.

just my 2 cents..

another problem is that here you increase the risk 3x every time you 'miss it' ... how far can you go like that ???

1 3 9 27 81 243 729 .... ??? not far ...

I'm not wondering how 23 pips = 87% profit - YES - it's a Martingale - THE SHORTEST WAY TO BANKRUPTCY.

jjpark1 posted:
    yes 22pip is came from 25pip - 3pip (a spread of EURGBP)

-----------------

Architecture of this system is ...

EA has tree parts.

1. Normalizer
    this part is calculating many values like previous price action, indicators, pivot and etc...
    all input data of NN has to be normalized and this part is for it
  
2. Neural-Network
    NN make decision for entry point.

3. Order Management
    When orders are opened .. and it goes wrong way.. this part doing Martingale
    of course all of martingale action will be processed by Neural-Network


1. 3 part is coded MQL4

2 part is coded by C++, compiled DLL


so entire picture is like this

MT4 <- > EA <-> DLL

Thank you for your explanation. It is indeed a learning experience.

What is your % accuracy so far?

And if using NN, why go for so few pips? Why not analyse for +50 pip movements and then go for +30 pip target profits?