Caesars Armor (stopped) (Genom forex_trader_165856)

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Caesars Armor (stopped) Diskussion

Jan 28, 2015 at 05:00
1,550 Visa
38 Replies
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Jan 28, 2015 at 12:22
Core Grid Element with 1% basket goal and 33% max equity drawdown inspired by Caesar himself. I am currently using a very simple Trend following logic for the initial entry and the Caesar's Armor EA manages the trades. The Trend Following EA will always run 24/7 while the Caesar's Armor will only trade once a day to meet the goal requirement. Testing the Core Grid Element is complete and now moving into more complex logics for the initial entry

Learn more https://redrhinofx.com/caesars-armor/
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Jan 29, 2015 at 14:59
Caesar's Armor reached 17 trades in basket before reaching Equity Goal that initiates a Close All function. All trades closed within 1 minute and 1-2 pips of price deviation.
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Jan 30, 2015 at 10:16
Caesar's Armor reached 13 trades in basket before reaching Equity Goal that initiates a Close All function.
Medlem sedan May 04, 2012   1608 inlägg
Jan 30, 2015 at 15:00
Nice initial results!

It would be very interesting see some backtests covering at least 3-4 years.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Jan 31, 2015 at 08:15
I will need to choose an initial entry logic before doing so. Currently the Caesar's Armor EA is only A tool that handles the order management after the first trade, so you can have any EA/logic/Manual trade placed, then the CAEA will take over and manage the basket.

I am using a simple MA logic - https://www.myfxbook.com/files/RedRhino/MA_RRFX_trend.zip - Free -

I intend to make another logic specifically for the Caesar's Armor EA which should follow the original Caesar Signal more closely.
Medlem sedan May 04, 2012   1608 inlägg
Jan 31, 2015 at 14:11
RedRhino posted:
I will need to choose an initial entry logic before doing so. Currently the Caesar's Armor EA is only A tool that handles the order management after the first trade, so you can have any EA/logic/Manual trade placed, then the CAEA will take over and manage the basket.

I am using a simple MA logic - https://www.myfxbook.com/files/RedRhino/MA_RRFX_trend.zip - Free -

I intend to make another logic specifically for the Caesar's Armor EA which should follow the original Caesar Signal more closely.

How about using the current trigger for backtests? It might be better than the original...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 02, 2015 at 11:08
RedRhino posted:
Caesar's Armor reached 13 trades in basket before reaching Equity Goal that initiates a Close All function.

11 Trades on Buy EURUSD today!
Medlem sedan May 04, 2012   1608 inlägg
Feb 02, 2015 at 14:45
How about using the current trigger for backtests? It might be better than the original...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 02, 2015 at 18:04
FxMasterGuru posted:
How about using the current trigger for backtests? It might be better than the original...

I won't go down that rabbit hole because the long term outcome will always be the same. You are risking 33% of your account to earn 1% and after a stopout you will be subject to another stopout while your potential upside never increases.

While TOGR has had temporary success with a few of his accounts, he doesn't provide backtests proving a robust system. Running a grid based system with 12-16 months results is not enough to declare success and he knows that he can reach a stopout anyday. He has blocked me and so many others all because of this fact. 64% of account blown in less than a week and this can happen at anytime. All you can do is filter, filter, filter, optimize, optimize, etc but once you have 1 trade open the Risk is 33 to earn 1.

RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 03, 2015 at 02:34
RedRhino posted:
I intend to make another logic specifically for the Caesar's Armor EA which should follow the original Caesar Signal more closely.

I had great success with my RevEngineDyno backtests - https://www.myfxbook.com/community/trading-systems/revenginedyno-gbpusd/898366,1 and in 1 day the live forward test performed well - https://www.myfxbook.com/members/RedRhinoLab/revenginedyno-gbpusd/1146755 - I decided to follow through with configuring RED logic to work with Caesar's Armor ( I had to recode most of the EA because original design Caesar's Armor wasn't meant for backtesting - It had no entry logic). Without entering the optimization stage( no curve fitting) I successfully past 5 years of data 2010 - 2015 within backtester. I will upload backtests shortly.

RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 03, 2015 at 05:18
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 05, 2015 at 19:25
60+ trades opened within the basket yesterday, resulted in insufficient margin to continue. EURUSD rebounded today and the basket was closed out. I know Caesar Signal doesn't have any mechanism to prevent this abusive counter-trend grid before hitting the stopout/equity protection but I will definitely add a feature. I also had 100 trades open on USDCAD on another account that were on 5+ pairs. I had to shut down the other pairs to allow USDCAD to continue trading and it did close the basket out today.

No matter how I look at it, Grids are suicide that make money almost everyday. It depends on how much you're trying to make and what you are willing to risk.
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 09, 2015 at 19:45
1% reached today, Also testing new logic with hedging ( can grid in both directions if the logic fires both signal direction).
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 10, 2015 at 04:33
The hedge feature will start a new basket in the opposite direction once you initiate 1 trade.

For example, you can have a protective Sell order ( SellStop ) pending under the current price and if the market triggers the Sell order Caesar Armor will see this open order and now start hedging ( placing sells ). Now that you have buys and sells open ( hedging) the Orders will close at the Takeprofit level and wouldn't be able to close at an Equity Gain Percentage until 1 side of the hedge is closed. Once 1 side of the hedge is closed , Caesars Armor will continue trading as normal and look for the Equity Gain that you previously set. Then your next trading day you can enter another protective SellStop or BuyStop order depending on the market. It's a nice option for protection.
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 10, 2015 at 16:34
+3.37% Gain today with hedging on, Caesar reached its goal and now sleeps til Asian session.
Medlem sedan Dec 15, 2014   12 inlägg
Feb 10, 2015 at 22:12
RedRhino posted:
Core Grid Element with 1% basket goal and 33% max equity drawdown inspired by Caesar himself.

Sorry my friend but i don't believe in this post because you can add me in myfxbook.

Regards!
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 11, 2015 at 03:03
RedRhino posted:
Core Grid Element with 1% basket goal and 33% max equity drawdown inspired by Caesar himself. I am currently using a very simple Trend following logic for the initial entry and the Caesar's Armor EA manages the trades. The Trend Following EA will always run 24/7 while the Caesar's Armor will only trade once a day to meet the goal requirement. Testing the Core Grid Element is complete and now moving into more complex logics for the initial entry

Learn more https://redrhinofx.com/caesars-armor/

These setting can be changed since they are external parameters within the EA. You can run 2% basket goal and 66% Max Equitiy DD.
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 11, 2015 at 03:11
Or risk 99% for 3% daily goal and try to double the account in 33 trading days. That would be an interesting system.
Medlem sedan Dec 08, 2011   41 inlägg
Feb 13, 2015 at 15:29
Frank, I have been following but I see this EA is already on sale. Is it really really really ready yet or it's in beta?
I noticed that although you have it for sale you have not put it on your real money. You still have in on a demo account.
Are you saying that the hedging is a manual task or its a 100% hands off EA?
Is the minimum $1000 to .01 lots? Caesar is minimum $500 to .01 but this would have blown the account from that first big DD you had.

The EA look very promising and seem to trade more ofter than Caesar. Is this the plan for it to trade more or its because of easier execution of a demo account?
RedRhino
forex_trader_149646
Medlem sedan Sep 09, 2013   471 inlägg
Feb 14, 2015 at 06:52
Yes it has been ready. As an investor I have a strict risk profile that can only be fulfilled by manual trading as I do here - https://www.myfxbook.com/members/redrhinofx

Please read this again - https://redrhinofx.com/caesars-armor/ - Caesar Armor is a trading Tool Only. The hedge feature will start a new basket in the opposite direction once you initiate 1 trade ( manually or automated). I use a FREE simple MA logic EA - https://www.myfxbook.com/files/RedRhino/MA_RRFX_trend.zip - To start the first trade. Then Caesar EA will monitor and trade automatically.

The account that I follow from Caesar uses $1000 to .01 lots? If you use $500 with 0.01 you can reach the 1% Daily Goal faster and a lot easier. I have not tried this MM before but it does make sense to exit the basket sooner.

It trades more because of the MA EA that I use. It can look for a new trade based on any timeframe, for example you can set to Daily TF and only enter 1 direction daily and Caesar EA will manage the basket until it reaches Goal.
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