GMTrade Beta - Crypto Only 토론

Hello Myfxbook community,

This robot is based on market making principles that focus on extracting small amounts of profit rapidly through out the day. Algorithm is designed strictly for crypto currencies on Metatrader5 platform .

Explanation of the market making strategy



The account balance is denominated in Bitcoin. The profit/loss values are difficult to show because the account is in bitcoin and small profits of under 0.01. However, a 0.01 btc profit is equal to 65USD at these current exchange rates. BTCUSD @6500

Thank you for viewing.

Interesting EA in the crypto space. I notice that a large % of the trades are closed at Break Even and make no profit and that after 1,678 trades in total for Sept, the profit is zero. Be interesting to see if you can improve the BTC profit amount overall and then win% rate on total trades opened. good luck.

Hello Bonco_Gordo,

Each position earns a small profit. The profit is in Bitcoin and is often smaller than 0.00001 depending on the position size. The profit is 0.15% of the position size. This value is adjustable.

Profits on Average
The Market-Maker robot will exit your positions at your desired profit. The market maker strategy ensures a profit is made before exiting the position and restarting the market-maker cycle again. The profit percentage is fully adjustable. Would you like to make 0.05%, 0.1%, or 1% per cycle (entering your position, and exiting the position).

The win rate is 100% and no positions are closed at a breakeven or lose. Positions are held and averaged based on the amount of allocated risk per market.

The account currency is in Bitcoin and Myfxbook does not show the Profit/loss correctly for bitcoin denominated accounts.

Thank you for viewing.

This is a MetaTrader 5 robot to trade at the brokerage GenesisMarkets.

By design this robot is adding liquidity to the exchange (placing Limit orders in the orderbook and waiting for market buy/sells to fill these orders). It is a passive trading strategy that waits for market participates to enter and exit the market that use the Order Type Market Order.

good results over the past month, well done @tradeFX4btc Equates to USD$124 (BTC 0.02) profit over 2,300 trades over a 1 month period = 10% profit on your deposit.

Queries:

1. What profit % rate are you using here? Can you bump it up somewhat without shooting the risk through the roof?

Can you tweak it to get a better, sweet spot balance of higher profit % on each trade which may also require less number of trades to open, thus reducing the draw down risk profile?

2. What does the true draw down picture look like with these trades? How would you describe it, given that no DD shows on myfxbook?

3. Are you looking at the stats to establish which alt coins are always more profitable than others or is it too early to establish this yet?

Performance is good. Image above shows true balance.

1.) I prefer not to try since I am still developing the system. Once I am satisfied with the robot, I will open other accounts with higher risk settings. I started with 0.1 btc and added 0.1 btc in Sept 23. About 30% from original investment without needing to use the other 0.1. Crypto has 1:1 leverage so 0.1 btc extra btc was added if I were to need more margin. Yes, there is a Profitpercentage parameter to make more profit on every basket and this will result in less trades and longer duration. The drawdown has never been an issue. The max is about 3.3%

2.) Average drawdown is about 1% , The most extreme was 3.3%

3.) the stats here don't help in any way. All decisions are being discussed on Telegram group name 'genesisMarketsTrade'. Feel free to join the community.

This account uses a custom start date
Trading Privileges Not Verified

Amazing result!!! 😂

MT5 platform Trading privilege can be verified? Tell me how and I will. It wasn't an option for MT5 the last time I looked. I can give Investor password if required for the nay sayers.

This automated system is New and in development hence the Trading activity starting on September 13th, 2018

You can follow this account which trades on ETH/Pairs if it helps you decide.

https://www.myfxbook.com/members/tradeFX4btc/gmtrade-10-crypto-only/2692352

Nothing to hide here!

Trade history is Open and Live trades are public 24/7

Here I am. How's business? Have you made any progress?

I lost a lot with you. How are you doing now?