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Rhino EG - 80 Percent Success Rate with 19 Pip stoploss (Od RedRhinoLab )

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Rhino EG - 80 Percent Success Rate with 19 Pip stoploss Diskusia

RedRhinoLab
May 28 2015 at 18:23
631 príspevkov
RedRhinoLab posted:
I am considering two methods.

A.) martingale because the losing cycle is rarely over 3
B.) minimalistic recovery. This will place smallest lotsize after a loss and once we have a winner it will return the standard lotsize. For example we trade with 1.0 Lot normally and we have a loser, then the next trade will be 0.01 , but if its a winner the 3rd trade will be back to normal 1.0 lotsize. If we have a loss, the next lotsize will be 0.01 and so on until we have a winner. B.) Is a suggestion from a customer who has an interesting idea that I'd like to put to the test. What do you think about option B?

One thing great about discussions are that you can come back to where you left off.
RedRhinoLab
Jun 09 2015 at 11:45
631 príspevkov
I missed a signal today on real account. I looked into it and couldn't find any issues in the logs, I hope the next signals follows through alright. The real account follows on trade copier.
RedRhinoLab
Jun 11 2015 at 03:44
631 príspevkov
I've missed 3 winners on the real account and I just discovered why. I'll fix the problem hopefully by Monday, It turns out that MT4 updates were the issue and current platform wouldn't connect to previous build 810. - https://redrhinofx.com/build-825/ - How much money has mt4 updates cost you?
frank
RedRhino
Jun 18 2015 at 16:47
471 príspevkov
Real account running ok now. It got the last winner as this account. Sometimes mt4 can be a headache
pako5
Jun 24 2015 at 07:21
8 príspevkov
Hi Redrhino, I asked you some weeks ago about how to buy one or more of the EAs. I had some problems with bitcoins as I was not firm with that payment method. Now I wanted to buy this EA but I can not found the product anymore. I only see the rent modell? How can I buy that now? Best regards
RedRhinoLab
Jun 24 2015 at 09:21
631 príspevkov
@pako5 I only offer my software with monthly Rental payable with credit card, neteller, or bitcoin. https://redrhinofx.com/rent-robot/ - It is now a monthly subscription which gives the user the ability to change account numbers freely and try out a different robot each month.
pako5
Jun 24 2015 at 14:03
8 príspevkov
Hi, I would rather buy it the old way. Even if it is fixed to a special account. Or the more expensive one, which was not fixed. Could you contact me therefore? I would appreciate.
RedRhinoLab
Jun 25 2015 at 05:35
631 príspevkov
I can only do rental, signals, and managed accounts. I can't sell software outright anymore.
pako5
Jun 25 2015 at 07:17
8 príspevkov
Ok, I wish you nevertheless all the best. If you situation changes you can contact me at skype. id: furiosen4
RedRhinoLab
Jul 07 2015 at 14:04
631 príspevkov
RedRhinoLab posted:
I am considering two methods.

A.) martingale because the losing cycle is rarely over 3
B.) minimalistic recovery. This will place smallest lotsize after a loss and once we have a winner it will return the standard lotsize. For example we trade with 1.0 Lot normally and we have a loser, then the next trade will be 0.01 , but if its a winner the 3rd trade will be back to normal 1.0 lotsize. If we have a loss, the next lotsize will be 0.01 and so on until we have a winner. B.) Is a suggestion from a customer who has an interesting idea that I'd like to put to the test. What do you think about option B?

I will work on this feature shortly, I've recently added feature to prevent 2nd signal after a loss in the same day.
Marketorder
Jul 15 2015 at 18:32
114 príspevkov
I noticed this EA performs significantly worse on a live account why is that?
corre71
Jul 16 2015 at 12:33
256 príspevkov
Marketorder posted:
I noticed this EA performs significantly worse on a live account why is that?
This happens for most of the scalpers and is absolutely normal. A scalper should be evaluated on a real account. Anyway consider that the real account here is on Fort FS, a cent account broker, which is for sure not the best option for a scalper. it should be used on some ECN raw spread account like IC Markets or similar, not only for spread but also for datafeed, execution etc.
Running only Expert advisors with good long term backtests and nice forward tests
RedRhinoLab
Jul 16 2015 at 14:03
631 príspevkov
@Marketorder It is the difference in the spreads. fxopen ecn has under 1.0 on EURGBP. FortFS has 2-3 pips normally.

@corre71 Yes ECN brokers always provide better trading conditions.
Marketorder
Jul 20 2015 at 11:57
114 príspevkov
You had 2 trades open over the weekend that where down well over 20 pips. I thought the SL was 19 or 20 pips?
RedRhinoLab
Jul 21 2015 at 03:44
631 príspevkov
I am making adjustments and working on a revision while trading the account manually. The Real account is on ConnectForex for signal providing and I didn't want to discontinue the signals while making the updates. To prevent the customers from waiting for signals I have used the logic within the Rhino EG for entry and managing the trades manually for the time being.
Marketorder
Jul 21 2015 at 05:37
114 príspevkov
So where I can see the 100% automatic EA results?
RedRhinoLab
Jul 21 2015 at 10:17
631 príspevkov
a strategy test/ backtest is a great way to see a 100% automated result. Here is a backtest from Feb - July 2015 using the same data from the fxopen ECN broker
https://www.myfxbook.com/strategies/reg-2015/83971


Marketorder
Jul 22 2015 at 04:00
114 príspevkov
It's private! how do I know what Stop loss is best for this EA since you don't have it on a live account, you had to keep trades open past SL to prevent allot of losing trades. Back test and demos accounts are worthless for reliable information.

RedRhinoLab posted:
a strategy test/ backtest is a great way to see a 100% automated result. Here is a backtest from Feb - July 2015 using the same data from the fxopen ECN broker
https://www.myfxbook.com/strategies/reg-2015/83971


RedRhinoLab
Jul 22 2015 at 08:00
631 príspevkov
Try now https://www.myfxbook.com/strategies/reg-2015/83971 - I have been running on Live account for many months now - https://www.myfxbook.com/members/RedRhinoLab/rhino-eg-real-rent-robot/1176188 - Only a few trades were held past 19 pips stoploss , this doesn't invalidate the past several months of live results.

Backtests and demo results are a great way to gauge the system. Would I run the system Live if my backtest results were negative? No, I wouldn't. You can use the default setting of 19 stoploss OR you can optimize the stoploss and see if you want to try a different value.

If you want manual intervention, you can join the trade copier. If you want to make the decisions, you can rent the software.



Marketorder
Jul 25 2015 at 01:29
114 príspevkov
I really like this EA my only concern most of the time the spread is around 1-2 pips with my broker but sometimes with low volume I've seen it go over 40 pips on the spread, how will the EA trade if it has a 40 pip spread
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