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TraderPro-2016-C Performance testing (By meSohail)
The user has deleted this system.
TraderPro-2016-C Performance testing Discussion
May 02, 2016 at 01:11
272 Views
15 Replies
Member Since Dec 04, 2010
1447 posts
May 22, 2016 at 13:03
you are using martingale system recovery trades, when trades go negative as shown in the attached (why you have negative pips for your system). that's why your risk of ruin is so high 34% chance will lose 40% of the account as an example.
Attachments:
May 22, 2016 at 13:41
Yes my friend, I am using recovery system.
And thank you to participate in discussion.
95% system I have seen that are losers
Open Trade and then hit SL
My ea was also a loser
But one day I think, If we open new trade at SL level?
Then I create recovery system at my EA
And now it is working very nice.
So!
What do you think, isn't good
And thank you to participate in discussion.
95% system I have seen that are losers
Open Trade and then hit SL
My ea was also a loser
But one day I think, If we open new trade at SL level?
Then I create recovery system at my EA
And now it is working very nice.
So!
What do you think, isn't good
Member Since Dec 04, 2010
1447 posts
May 22, 2016 at 13:53
check the risk of ruin tab, it's too risky! good luck in reducing risk.
Member Since Dec 04, 2010
1447 posts
May 24, 2016 at 06:04
Loss Size 100% 90% 80% 70% 60% 50% 40% 30% 20% 10%
Probability of Loss <0.01% 0.61% 2.84% 6.97% 13.17% 21.58% 32.3% 45.42% 61.04% 79.21%
Consecutive Losing Trades 71 64 57 50 43 35 28 21 14 7
If you click across 2 tabs you will see the risk of ruin tab. Figures above. This is what you have to work on as your average losing trade is 4 times the size of your average winning trade.
Probability of Loss <0.01% 0.61% 2.84% 6.97% 13.17% 21.58% 32.3% 45.42% 61.04% 79.21%
Consecutive Losing Trades 71 64 57 50 43 35 28 21 14 7
If you click across 2 tabs you will see the risk of ruin tab. Figures above. This is what you have to work on as your average losing trade is 4 times the size of your average winning trade.
Member Since Dec 04, 2010
1447 posts
May 24, 2016 at 09:11
good luck, keep at it, don't give up and you will be successful eventually.
Member Since Dec 04, 2010
1447 posts
Jun 02, 2016 at 16:40
see what I was saying about martingale risky, lucky you were only on a demo account.
Jun 03, 2016 at 00:28
yeah bro
you was right
can you please guide me how to calculate risk of ruin without opening account at myfxbook
Because I am trading, two pairs in my real account with 5,896$ balance and same setting.
I don't want to lose that money like this demo account.
you was right
can you please guide me how to calculate risk of ruin without opening account at myfxbook
Because I am trading, two pairs in my real account with 5,896$ balance and same setting.
I don't want to lose that money like this demo account.
Member Since Dec 04, 2010
1447 posts
Jun 03, 2016 at 05:43
It's a propriety myfxbook algo that calculates the risk of ruin. You have to load your account in myfxbook for it to display. However you can keep the account private to just yourself so it's hidden from public view. I would advise stop using any martingale strategies they are doomed to fail, sometimes can last weeks, months even upto 2 years, but then they will fail for sure. good luck.
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