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FRWC - Fusion V - Alpari (bei stevetrade)
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FRWC - Fusion V - Alpari Diskussion
Feb 23, 2010 at 01:21
Run a backtest on demo data from their platform and you will see the 10 SL trades all in the same day. I personally have limited HiRider to 4 trades max, this reduces the porfit but also reduces the risk and my goal is small but steady returns. While most folks have it running on a demo account I find that the only real proof one way or the other is a live account. Hence I put it on a 1K live account trading 0.01 lots or $0.10 per pip. I notice that i get a lot more trades on my demo accounts but I can match most of the live trades with a demo equivalant and I have also been trying to match some of the lab trades with my own live trades, just to double check things.
No matter the strategy, you are going to have a day like feb 5th every once in a while, now I agree that the RR should not be 1:20 but I just don't have enough data in front of me to make a call one way other another yet. More trading will tell
No matter the strategy, you are going to have a day like feb 5th every once in a while, now I agree that the RR should not be 1:20 but I just don't have enough data in front of me to make a call one way other another yet. More trading will tell
forex_trader_7497
Mitglied seit Feb 20, 2010
50 Posts
Feb 23, 2010 at 01:55
sooner posted:
Run a backtest on demo data from their platform and you will see the 10 SL trades all in the same day. I personally have limited HiRider to 4 trades max, this reduces the porfit but also reduces the risk and my goal is small but steady returns. While most folks have it running on a demo account I find that the only real proof one way or the other is a live account. Hence I put it on a 1K live account trading 0.01 lots or $0.10 per pip. I notice that i get a lot more trades on my demo accounts but I can match most of the live trades with a demo equivalant and I have also been trying to match some of the lab trades with my own live trades, just to double check things.
No matter the strategy, you are going to have a day like feb 5th every once in a while, now I agree that the RR should not be 1:20 but I just don't have enough data in front of me to make a call one way other another yet. More trading will tell
I will do the backtest on that date soon, but which strategy of HiRIDER hits the 10 Stop Losses on that unlucky day? Based on the competition data, the forward demo test, and the live test, it's safe to say that it's better to switch off Strategy 1 of HiRIDER.
I still don't understand HiRDER's logic. It could open duplicate trades at the same time with the same strategy (like yesterday my HiRIDER opened 4 buy positions at the same time using strategy 2 HiRIDER). This is dangerous because when the trade is wrong, then since all of them is basically the same strategy opened at the same time, they will all hit the stop loss.
I currently switch off Strategy 1 of HiRIDER and have limited HiRIDER to 6 concurrent trades. That's probably still too many trades because of the system's tendency to open duplicate trades with the same strategy at the same time. If I get unlucky, all 6 trades can hit the 210 pips Stop Loss and it's going to wipe out 13% of the equity.
forex_trader_7497
Mitglied seit Feb 20, 2010
50 Posts
Feb 23, 2010 at 02:05
I haven't fully understood Super Volcano, but it seems to be quite dangerous as well.
The manual said that it buys when volatility (measured by chaikin volatility indicator) is high and price has gone down and vice versa. Then it will close position using the opposite logic of the open trade, and it trades during specific hours. There's no hard stop loss in place unless you put it in the parameter. No trailing stop loss, no take profit target. All based whether the internal indicator satisfies the criteria of a high volatility before closing a position.
Theoretically, this means you could sit with open trades very long with a large drawdown as long as the internal indicator of the system does not detect high volatility as measured by chaikin volatility indicator.
The manual said that it buys when volatility (measured by chaikin volatility indicator) is high and price has gone down and vice versa. Then it will close position using the opposite logic of the open trade, and it trades during specific hours. There's no hard stop loss in place unless you put it in the parameter. No trailing stop loss, no take profit target. All based whether the internal indicator satisfies the criteria of a high volatility before closing a position.
Theoretically, this means you could sit with open trades very long with a large drawdown as long as the internal indicator of the system does not detect high volatility as measured by chaikin volatility indicator.
Feb 23, 2010 at 02:39
I have only seen it trade a handful of times so I haven't really gotten a feel for what it does when it does. Typically on an EA like that if you don't walk off and leave it unattended for days at a time, you can prune off the bad trades before they become disasters, but then you can also get into the "it will come back" mentality.
Feb 23, 2010 at 07:17
eafinder posted:
okandar posted:
Try 4 February or 3 february to start , because hirider really messed up at 4th feb...
Very interesting. How do you know that HiRIDER messed up on Feb 3 / Feb 4?
I can only access Fusion's historical data from
Jan 11, 2010 to Jan 29, 2010 (FRWC's forward test in demo account)
Feb 5, 2010 to today (FRWC's live testing with real money & conservative risk)
I have backtested myself , with fxdd's data.
Hirider Really Messed Up at 4th Feb.
Anyone tested 4th feb here?
Mitglied seit Oct 28, 2009
1409 Posts
Feb 23, 2010 at 09:16
casper79 posted:
Hi Steve, As you are kind enough to demo the FRWC EAs and publish your results which has everyone interested and lots of comments/ discussion, I am interested in what criteria you are looking for before you would consider either putting this onto your live account or asking for your refund.
Also anyone else who is testing out the FRWC fusion and others EAs, what criteria are you looking for as well. I think this would help everyone who is watching the results understand what sort of benchmark/ performance criteria people are after.
Thanks again
Hi Casper,
If the EA can make 5-10% in the month with the risk I've set it for then it could be considered successful and I'll take it live.
Hope this helps.
Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_7497
Mitglied seit Feb 20, 2010
50 Posts
Feb 23, 2010 at 11:38
(bearbeitet Feb 23, 2010 at 11:52)
Today Strategy2 HiRIDER opens 10 same freaking buy positions around 1.362. It's a strategy of let's just trade and pray for the best 🙄. Sooner or later it's gonna crash I think. There should be input parameters to limit the # of open positions per strategy. I don't want strategy2 to open 10 same positions for me. This is like saying I'm willing to risk 21% of my equity in one single HiRIDER strategy if the trade goes wrong.
Super Volcano is still acting cool. Bugboy has 4 SV open positions, each with -170 pips. That's a total of -640 pips, and SV still refuse to close the position as the internal indicator decides that volatility is not high enough I guess 😁
The most realistic system for a long term seems to be LMD.
Super Volcano is still acting cool. Bugboy has 4 SV open positions, each with -170 pips. That's a total of -640 pips, and SV still refuse to close the position as the internal indicator decides that volatility is not high enough I guess 😁
The most realistic system for a long term seems to be LMD.
Mitglied seit Oct 28, 2009
1409 Posts
Feb 23, 2010 at 12:24
Hi Rider is scary I will agree. I think his placing in the FRWC could have gone one of two ways. Good or complete wipeout. I used to run a manual scalping strategy where I would place up to three trades in the same direction and that scared the hell out of me. Ten is just silly.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_7497
Mitglied seit Feb 20, 2010
50 Posts
Feb 23, 2010 at 15:23
(bearbeitet Feb 23, 2010 at 15:25)
stevetrade posted:
Hi Rider is scary I will agree. I think his placing in the FRWC could have gone one of two ways. Good or complete wipeout. I used to run a manual scalping strategy where I would place up to three trades in the same direction and that scared the hell out of me. Ten is just silly.
I'm surprised it could last for two months during the competition. With this kind of very short term scalping method, when TP is not hit after 1 hour, the whole logic of why the trade is taken becomes invalid and we are at the mercy of the market and just plainly relying on dumb luck. If anyone wants to use this system for a long run, they should set maximum concurrent trade at 1 or 2 at the very maximum. Anything above that is risking too much equity and gambling. A good short term scalping logic should reach the TP within very short time, which this system does not.
Feb 23, 2010 at 15:45
Could be a bad day for fusion on ea labs live account, it has a 3 long trades open on gbpjpy and eurusd. Supervolcano has 3 trades almost 300 pips down. hi rider has 10 open trades down 67 pips at this time.
Take as much as you can while you can.
Mitglied seit Sep 04, 2009
849 Posts
Feb 23, 2010 at 15:51
Do u remember what I wrote yesterday? The whole thing is pure nonsense..for the user, ofcourse not for the vendors😎
There are way better (commercial) EAs around, especially scalpers. MDP,EAKAIN, PrimevalEA.. u name it..
These nailed together EAs were made just for one purpose: to win the 150 grand and one can easily imagine which risk these traders were willing to take to get there hands on this price money. And this high risk bias is reflected in the (con)fusion EA
There are way better (commercial) EAs around, especially scalpers. MDP,EAKAIN, PrimevalEA.. u name it..
These nailed together EAs were made just for one purpose: to win the 150 grand and one can easily imagine which risk these traders were willing to take to get there hands on this price money. And this high risk bias is reflected in the (con)fusion EA
Feb 23, 2010 at 19:46
(bearbeitet Feb 23, 2010 at 19:57)
If you look at the new version 1.2, you will see that they did change several of the default settings. Here are some of them: (1) they now turn Straasha-System off by default, (2) they now turn HiRIDER's Strategy #1 off by default.
(Also: I asked FRWC support about this... To answer a question asked and speculated about by several people -- the "conservative" setting consists of 0.01 or 0.02 per $1,000, MM off, and all other settings left as default.)
In my opinion, in reviewing the settings, it would seem that the Straasha-System Next_Lot multiplier, Step multiplier, and number of concurrent HiRIDER trades are the three (3) most important adjustable parameters for risk management, aside from turning MM off and setting lot size to 0.01. Perhaps someone can figure out what the best value(s) are for those three parameters in order to minimize risk and maximize reward. Here are the defaults:
Straasha-System: Off By Default
Straasha-System: No Trade Friday
Straasha-System: Next_Lot = 4
Straasha-System: Step = 10
HiRIDER: Strategy 1 = False
HiRIDER: MaxLot = 10
I am wondering if something like this would be better:
Straasha-System: On
Straasha-System: Trade Friday
Straasha-System: Next_Lot = 2
Straasha-System: Step = 5
HiRIDER: Strategy 1 = True
HiRIDER: MaxLot = 5
(Also: I asked FRWC support about this... To answer a question asked and speculated about by several people -- the "conservative" setting consists of 0.01 or 0.02 per $1,000, MM off, and all other settings left as default.)
In my opinion, in reviewing the settings, it would seem that the Straasha-System Next_Lot multiplier, Step multiplier, and number of concurrent HiRIDER trades are the three (3) most important adjustable parameters for risk management, aside from turning MM off and setting lot size to 0.01. Perhaps someone can figure out what the best value(s) are for those three parameters in order to minimize risk and maximize reward. Here are the defaults:
Straasha-System: Off By Default
Straasha-System: No Trade Friday
Straasha-System: Next_Lot = 4
Straasha-System: Step = 10
HiRIDER: Strategy 1 = False
HiRIDER: MaxLot = 10
I am wondering if something like this would be better:
Straasha-System: On
Straasha-System: Trade Friday
Straasha-System: Next_Lot = 2
Straasha-System: Step = 5
HiRIDER: Strategy 1 = True
HiRIDER: MaxLot = 5
Feb 23, 2010 at 19:50
I got the same HiRider trades live, however I pruned them off manually during the london session as the pair was dropping like a rock. They might have come good but I will eat the loss and let it make it up elsewhere. No system is truly set and forget, it always takes some human brains to cut off the dead limbs.
Mitglied seit Oct 28, 2009
1409 Posts
Feb 23, 2010 at 21:47
Did people receive an email notifying them of the release of version 1.2?
I don't appear to have received an email from them.
I don't appear to have received an email from them.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Mitglied seit Oct 28, 2009
1409 Posts
Feb 23, 2010 at 21:52
BillP posted:
Hello,What exactly is the MDP EA?
Tried googling it but nothing.
Appreciate a response in advance.
Thank You.
Bill
My guess is he means Mega Droid Pro
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Mitglied seit Sep 04, 2009
849 Posts
Feb 23, 2010 at 23:19
indeed, thx Steve.
There are rumors around ....the next version 1.3 will come out next week with a general turn off by default for this EA 😁
How many days left for the money back guaranty ?😝
There are rumors around ....the next version 1.3 will come out next week with a general turn off by default for this EA 😁
How many days left for the money back guaranty ?😝
forex_trader_7497
Mitglied seit Feb 20, 2010
50 Posts
Feb 23, 2010 at 23:52
zornjaso posted:
I am wondering if something like this would be better:
Straasha-System: On
Straasha-System: Trade Friday
Straasha-System: Next_Lot = 2
Straasha-System: Step = 5
HiRIDER: Strategy 1 = True
HiRIDER: MaxLot = 5
I am still not too familiar with Straasha, still experimenting it now with 0.1 minimum lot size. The open order does not show stop loss, so I wonder when the maximum loss parameter kicks in.
HiRIDER straegy 1 is better turned off for sure. I have analyzed past data and it's not profitable. I set HiRIDER MaxLot to 1 now, I think this is the sensible thing to do. If the trade goes wrong, you risk 2.1% of equity. If the trade goes right, then only get 0.12% gain.But since it's scalping technique, opportunities will come very often throughout the day. I just limit it to 1 trade per setup.
forex_trader_7497
Mitglied seit Feb 20, 2010
50 Posts
Feb 24, 2010 at 00:54
ShaKerZ posted:
Hi all,
someone can send me (by mail) the latest version 1.2 of fusion ? I can't download to my member area the page don't load...
Thanks !
Nice try. Why don't you send FRWC an email or give them a call so that they could send it to you by email. If you are an authentic buyer, then they surely will help you.
