Golden Boy- TQForex討論

Hi TQCapital,

where exactly should I check your site? I don´t see any backtests there. Can you post a link? Thank you.

This is where performance will be documented on a regular basis:
https://tqforex.com/?cat=1


https://tqforex.com/?p=6652
This is performance from 1 May which you can consider your backtests over a few thousand trades. Backtests like other EA where curve fitting is done to show good returns, is not something we do. Its fairly well established system now following specific rules so there is nothing much to show other than live results. Performance is the bottom line.

Our MAM is the preferred route to trade Golden Boy: https://www.myfxbook.com/members/tqcapital/goldenboy-mam-live/1116159



Best
Gabriel

Sorry, but a vendor not showing a backtest has to hide something. I see your live performance is good, but it might just be a lucky run for the last half year and might fail tomorrow.

Why not show some backtests if the system is that good? It won´t hurt you at all. And since the SL / Profit Targets are high, the backtests, while surely not 100% accurate, that´s clear, will at least give a guideline to how the system performed in the past in all kind of market conditions on all the different pairs.

i think the myfxbook verify is more important for now,,is it possible to do that ?

They already have a verified MyFxBook account, see previous page. Before investing a huge sum into their MAM, I´d ilke to see the backtests though.

MAM is live verfied: https://www.myfxbook.com/members/tqcapital/goldenboy-mam-live/1116159

Markets whippish after last week pure trends. Golden Boy is trend catcher and therefore it waits. Missed our yen trades yesterday.

Dear Greektrader: There are 178 backtests ove 17 scenarios. Professional traders dont publish curve fitted systems as they are useless. You may gain comfort out of it but its all managed. You have 100's of EAs which do that and can serve your needs. Thanks for your interest and best wishes from us.

On Backtests, Its best to evaluate the system from 1 Jan 2014 when it was live with one of our clients. I have published over 8 months of trades since 1 May 2014. Trades beyond that was taking time to even load in Google docs. The return profile is same across. Between May and Dec, we have had some serious market moves with high vols (Aug, Sept, Oct) and low vols (Nov and Dec). Therefore through all markets, the system works out its trades and trends. The bottomline is that it will take an aggressive trend and make money. At other times, it will via risk management, limit damage. Risk management is fairly the center piece of the system. Already 3 months of data on MT4 will give you a rough idea on how the system works out its risk management piece. Its all about managing stops and risk. This may be a bit different from a normal signal provider who will trade without stops and grid and martingale etc. Golden Boy is very different. All you need is a market trend and the system will identify it and take advantage of it.

Stops are managed via x time ATR on hourly and 240 min. The trailing stops are used as and when the price nears targets. Stops are always hidden so that brokers never get to see it. A stop is sent directly from Ninja platform and therefore its a separate order itself. This has huge advantages because now orders are independent of broker maniupalations. How often have you been cheated by the likes of FXCM who will pull their price feed around to take your stops even while other brokers do not have those prices on their feed. Golden Boy is independent of broker price maniulation.

For example:
Broker A may have EURAUD price at 1.4604 whole Broker B may have it at 1.4599. The difference of 5 pips is what broker A did to his price feed so he could eat away a few stops above 1.4600 of his clients. Once he ate then, prices fall back. With Golden Boy, the stop is hidden and only if the original price moves above 1,4604 from one of the reputed feeds like IQfeed, CQ etc will stops be sent.

On MAM:
Why MAM with MT.Cook?

Golden Boy is with a world class institutional grade brokerage service who are run MAM as their main business. Unlike other brokers who will do anything to make retail open an account (some brokers allow account opening with even $100), MT.Cook will not allow you to open cheap accounts. Min account size is 25k at mt.cook. The reason to go with MT.Cook for MAM have been detailed:
https://tqforex.com/?page_id=7134

We are impressed by their professionalism and their execution ability. I cannot remember another broker who can give me 2 pip spread on EURAUD, GBPAUD, GBPCAD, EURCAD. Global Prime came close with 4 pips on one of them. Some other suggest 0 pip but they will charge you on commission. These minor pairs matter for us. Most brokers will advertise their spreads on EURUSD as 0.5 etc while fleecing on the minor pairs. I used them over a 3 month period before deciding to open MAM with them over other brokers like Alpari, FXCM, Global Prime, IC Markets.

We have thought through a lot of issues before launching MAM and trade copier service. We understand investors issues and the things they are looking for. So we have offered both MAM and Trade Copier. But my request is: Have realistic expectation. This is trend system unlike others. It enforces risk management with a severity which you may not have seen before. Risk management is the core of Golden Boy.

Best
Gabriel

The best way to see how this will work for you long term is to start trading with a trade copier. Membership is monthly. Try out for a month or two. Make some cash. Once reasonably comfortable and addicted, try the MAM and trade with a larger capital. Golden Boy is best traded with 15k capital. But its up to you. I would like to give some credit to Global Prime as a broker as well. They were also good but we decided with MT.Cook.

Thanks, but you are still avoiding to post backtests. 1 year or less are nothing in Forex, this does *not* cover all market conditions. Go ahead and post a backtest of 10 years or 4 years, you could have done that already faster in NinjaTrader than writing these long posts.

As for MT.Cook, they might be heavenly great, but they are from New Zealand and there is NO real regulation their for Forex brokers. That, along with a high minimum to fund the account, is a absolute no go for anyone who likes to keep their money safe in the long run. Why not go with a regulated serious Australian Broker like Global Prime as you mentioned? I am trading their too and are logging their spreads 24h / 365 days a year. On the pairs you mention they are on average:

EURAUD: 1.3 pips
GBPAUD: 1.7 pips
GBPCAD: 1.8 pips
EURCAD: 1.4 pips

For all you have to add 0.5 to 0.6 pips commission on top. I can post these stats with screenshots from my spread-logging EA. That is far off from the '4 pips' you mentioned.

I am really sorry to ruin the party, but:

1) No Backtests and refusal to do these
2) MAM with a unregulated Broker in New Zealand
2) Claiming you had to use this broker because no others have such low spreads on those pairs which is simply not true.

... doesn´t make your system very trustworthy for serious invetors, despite of the good performance it is having lately which can´t be denied.

Another question on top: do you use the same settings for all pairs or is each pair optimized with it´s own parameters? I am really wondering if you use simple MA crosses for the entry as it looks like that.

Dear geektrader- Thats fine and we wish you the best. We just prefer to stay with our broker whom we feel comfortable with. Its all about trust and comfort and partnering. Wish you the best as always. :) - TQ

We always try to impress upon our clients and investors that forex trading risk management is extremely crucial to long term success. Keep DD and risk exposure under check all the time. Returns will always come. markets can have easy time and difficult time. Its important the ride the difficult phase through tight risk management and then when the good times come, trade well and make money. TQForex brings together powerful concept from quant world to manage risk very tightly. Key features of risk management:
- Stops based on volatility
- Trailing stop movements
- Stop tightening over duration
- Target selection based on volatility
- Mutli position system to take advantage of both short and long term.

@geektrader We dont use MA crossover etc :). If you read our earlier post, you will know that this system is not a MT4 system at all.

See this: https://tqforex.com/?p=6626

There are many many modules to this system. If it was a simple MA crossover, this would have been dead and buried by now. :)
Also you are foccussing on the wrong things. Its not about the entry algo that is crucial to Golden Boy. Its the risk management system which makes it special and outperformer. This is not a one off performer but its been performing like this for 9 months now with 3 of them on MT4. That is not possible with MA crossover and simple entry systems. Only a system with extremely sophisticated risk management code can perform so well for so long. Hope this helps you in your analysis.

Cheers
TQ

@geektrader Each pair is optimized. That is why its trading 11 pairs and not 21 or 5. We have been optimising it for symbol after symbol. The system trains itself. The system adapts itself to the market. It way difficult to explain here on whats going on. But it most certainly is not MA cross over etc kind of EA.

SNB removed the cap and prices plunge over 7000 pips. No one can survive that if you are trading without proper risk management. At TQforex we use strong risk management and hence just a few pips down.

https://tqforex.com/?page_id=1693

Hi TQ,

thanks for the explanations, as for the broker, Forex ist not about trust for me at all, whenever somebody says 'trust' in relation to Forex, it was a scam in the past;) So Forex is all about having a good regulation, especially if you put big money into it, otherwise you can´t do anything if the broker runs with your money if they are not regulated like MT.COOK is. Still I wish best of success, but nothing for me.

Your 9 months live performance are great, but mean nothing for the long term. The markets changes a lot, so showing a long term backtest for your system is still a very good idea. This will show your investors that you haven´t optimized it just for the short term. And since you say you optimized the system for each pair, showing a backtest would be no problem at all. Why do you try to hide the backtests so hard, what do you have to hide?

You say the system 'learns' automatically during trading, yet you say you have optimized the system for each and every single pair. If it learns, why did you have to optimize it at all for each pair in the first place? Makes few sense to me.

As for the SNB and the drop today on the *CHF pairs, the drops were nowhere close 7000 pips as you say. The drop for EURCHF was 1700 pips and for USDCHF it was 1800 pips. Nowhere has there been a drop of 7000 pips.
Your risk management wouldn´t have helped you anything with the drop as well because the 1700 pips drop came with a gap. Your SL would have NOT been honored by the broker, even if you would have sent it manually like your system does it because there was a price gap of over 1400 pips within a few seconds. Your luck just was that you didn´t hold any *CHF position today.

I really don´t understand why you are playing the snake-oil man here, trying to advertise your system with so many false facts in the hopes that people are not educated enough and fall for your claims, that´s the only conclusion I can draw from all your posts so far. That´s really sad to see as the system seems to do very well right now, but if the vendor is trying to sell snake-oil like that, it´s a big no no for me.

Dear geektrader- Thanks again for your interest and your points. wish you best with trading. - TQ
- Our broker will be MT.Cook
- - TQ.