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olaf_olsen trader's profile


Systems by olaf_olsen

This user doesn't share any systems currently.
o_Olsen Feb 28 2016 at 09:38
important note about HandsomeJack system:
I`ve made some changes to the logic because my broker trades count limitation is 512, and Jack was operating large amounts of trades (it came to 129 earlier this week). now the trades count is a times less, so it will close much faster, therefore - it won`t loose profit while closing the current trades sequence, and, what is more substantial - won`t reach the trades count cap in this universe. these changes don`t touch the risk management, so generally trading process is the same as earlier, just less trades.
happy trading!
PlanX Feb 28 2016 at 11:02
Hello Olaf, do you think that the monthly performance will be less due to the changes?
olaf_olsen Feb 28 2016 at 13:27
no, performance is expected to be almost exactly the same - the difference will be just in orders quantity, but the summary lot in each sequence will be the same as earlier. no worries
PlanX Feb 28 2016 at 15:46
I understand. Thanks a lot for your answer Olaf.
o_Olsen Feb 01 2016 at 07:27
try out my totally new Botichelli system (new bot works on the same account, instead of failed one). this is something I didn`t look at for a long time - an aggressive scalping.
subscription link:
*but read the description carefully first*
Fors Feb 02 2016 at 11:54
your new trades don't seem to be reflecting on the signal page. looks like no trades since last year but I can see the trades on myfxbook page, are they the same account?
olaf_olsen Feb 02 2016 at 12:43
good point! I`ll check it out
olaf_olsen Feb 03 2016 at 07:23
ok, now everything works properly. feel free to subscribe
PlanX Jan 15 2016 at 21:59
Hello Olaf,
I am following you on SignalStart. My question now is: I am having an account with leverage 1:200. I see that you are using 1:500. That´s why I am trading with 0.4 risk factor, because I am afraid to get a margincall, if you are increasing your lotsizes dramaticly sometimes. Can I increase my risk factor or should I keep it 0.4?
olaf_olsen Jan 16 2016 at 17:41
hi PlanX,
in normal market conditions the 1:200 will be more than enough. but sometimes when market goes crazy, bot tries to escape these unfriendly conditions and uses bigger lots when locking. you better keep the risk factor 0.4 for now and look whether it is enough or not. I just didn`t test it on lower leverages, not sure what to say. or open the account with the same leverage if you can.
PlanX Jan 17 2016 at 09:54
Hi Olaf,

thanks for your honest answer. Good to see, that somebody can say, that he don´t know, IF he don´t know. So I will keep it on 0.4 and see what will happen, if it comes to one of this cases.
olaf_olsen Jan 17 2016 at 11:43
YRW, enjoy the ride :)
o_Olsen Dec 12 2015 at 14:24
*WARNING* during the Dec 15, 2015 - Jan 15, 2016 period the risks will be 5 times lowered on HandsomeJack system
o_Olsen Nov 14 2015 at 11:51
here we go - my new bot named "Botichelli" is here:
it will work in parallel to HandsomeJack. despite it made almost 100% in 1.5 weeks, while Jack did 100% after 1 year :D

I am testing Botichelli right now - maybe for 1-2 months, but you may dare to subscribe here:
olaf_olsen Nov 17 2015 at 08:31
nice to see you among subscribers :)
olaf_olsen Nov 17 2015 at 08:31
that`s because of gap - things are fixed. no trading if gap exists on Mynday on certain currency pair.
Ahmed Abdul Razak
Ahmed Abdul Razak Sep 03 2015 at 12:00
Dear Olaf, I can see on your system HandsomeJack there's High Drawdown back in January, 2015 Euro-CHF crisis, with 80% drawdown, I am following you on, my question is as montly avrage how much drawdown expected as I am following another traders so I need to manage the risk?, thank you!
Ahmed Abdul Razak
Ahmed808 Sep 03 2015 at 15:03
Great Olaf, Thank you for the good job!! really thank you!
olaf_olsen Sep 04 2015 at 09:58
YRW. Enjoy :)