BlueMonkey Real Money Live Test == Started Oct 2014 Discussão

willgart posted:
tic tac... does the 30% loss will be applied this time? :) (because the account already suffered a -39% in the past)
or does the account will not be update for a while and the trade never closed? :)

gorydan posted:
@bluemonkey

Here is the concept to limit the loss owed to the drawdown, it is " the stoploss by stage ".

The general explanation is in this sentence: " When the drawdown reaches the maximal level of loss that you settled, the EA will close the oldest position taken on the pair. "

Now here is the illustration of this idea:
In the configuration of your robot, when you attach it to a currency pair, you have to fix the threshold of release of the stoploss in percentage of your capital.
Until now, once this level reached, the robot enclosed all the positions taken on this pair.
Now I propose you " stoploss by stage " that would allow to enclose the oldest position taken on a given pair when the drawdown reaches the fixed threshold, and it until the trend returns in our direction.
Naturally it understands that the robot continues to open its new positions to continue its suite.

If the EA is attached to several currency pairs, it is the one which will reach the level of maximum fixed drawdown which will activate " the stoploss by stage " in the first one, and so on...

Advantages:
- You don't lose the total amount of the drawdown because it is splitted.
- In every older position removed, the take profit gets closer to the price.
- You can take bigger positions easily.
- The drawdown will not exceed the value fixed in percentage because it will be "scalped" in its peak.

Inconveniences:
- To be positioned contrary to a trend of more than pips 300 at least, without retracement, what is rare but possible. But " the stoploss by stage " will continue its work.

For the technical details and the coding of the " stoploss by stage " in MT4, there are several possibilities :
You can command your robot to close " lots " or " groups of lots " such as they were opened, because, as I noticed, when there is big movements, the EA opens a group of lots after a number of pips to catch up the delay.

If you have any questions, do not hesitate to ask me.

fx5473br posted:
alright I'll setup for fxpro also thinkforex give some time ;)

willgart posted:
done...
http://statements.forexpeacearmy.com/blue_monkey_real/statement_new.htm
at 5:34
the account got a DD of 911$ for a balance of 2472$ or 36.8% of loss...
more than the 30% threshold...

so its confirmed, the vendor hides things :)

gorydan posted:
To save your accounts from the drawdown, please read the following. You can apply it manually. I posted it early december.

gorydan posted:
@bluemonkey

Here is the concept to limit the loss owed to the drawdown, it is " the stoploss by stage ".

The general explanation is in this sentence: " When the drawdown reaches the maximal level of loss that you settled, the EA will close the oldest position taken on the pair. "

Now here is the illustration of this idea:
In the configuration of your robot, when you attach it to a currency pair, you have to fix the threshold of release of the stoploss in percentage of your capital.
Until now, once this level reached, the robot enclosed all the positions taken on this pair.
Now I propose you " stoploss by stage " that would allow to enclose the oldest position taken on a given pair when the drawdown reaches the fixed threshold, and it until the trend returns in our direction.
Naturally it understands that the robot continues to open its new positions to continue its suite.

If the EA is attached to several currency pairs, it is the one which will reach the level of maximum fixed drawdown which will activate " the stoploss by stage " in the first one, and so on...

Advantages:
- You don't lose the total amount of the drawdown because it is splitted.
- In every older position removed, the take profit gets closer to the price.
- You can take bigger positions easily.
- The drawdown will not exceed the value fixed in percentage because it will be "scalped" in its peak.

Inconveniences:
- To be positioned contrary to a trend of more than pips 300 at least, without retracement, what is rare but possible. But " the stoploss by stage " will continue its work.

For the technical details and the coding of the " stoploss by stage " in MT4, there are several possibilities :
You can command your robot to close " lots " or " groups of lots " such as they were opened, because, as I noticed, when there is big movements, the EA opens a group of lots after a number of pips to catch up the delay.

If you have any questions, do not hesitate to ask me.

willgart posted:
its now 42% of DD on the forexpeacearmy site... no more trade closed for now...
(941$ on 2213$)