FXCharger (by fxcharger)
| 获利: | +1912.72% |
| 资金回撤: | 57.29% |
| 点: | 1088.9 |
| 交易: | 564 |
| 成功: |
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| 损失: |
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| 类型: | 真实的 |
| 杠杆值: | - |
| 交易: | 自动的 |
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LongVision posted:Afron posted:Drolph posted:
Based on the 100% risk this account is currently running at the moment ...
.. it is likely gone now.
www.forexpeacearmy.com/forex-strategies/1358/fx_charger
Yes this is END. Update is off.
This is true for every martingale system sooner or later only blown account.
That is not true.
Although FXCharger had an interesting basic concept, it was simply curve fitted to a specific market situation which existed the last years. Just ask yourself why it was not possible to backtest the system for periods before 2013!
I have developed my own system based on the basic idea, but managed to make it viable for a much wider range of market conditions resulting in surviving any tests since 2003 including the financialc crisis 2008/2009 and the current Covid-19 period.
Drolph posted:LongVision posted:Afron posted:Drolph posted:
Based on the 100% risk this account is currently running at the moment ...
.. it is likely gone now.
www.forexpeacearmy.com/forex-strategies/1358/fx_charger
Yes this is END. Update is off.
This is true for every martingale system sooner or later only blown account.
That is not true.
Although FXCharger had an interesting basic concept, it was simply curve fitted to a specific market situation which existed the last years. Just ask yourself why it was not possible to backtest the system for periods before 2013!
I have developed my own system based on the basic idea, but managed to make it viable for a much wider range of market conditions resulting in surviving any tests since 2003 including the financialc crisis 2008/2009 and the current Covid-19 period.
Sorry but backtest has no value in forex. It is based on the past and does not guarantee future results.
fxcharger posted:
Hello everyone!
Yes, it's very sad, but our account is gone. Unfortunately Covid-19 period was too complex for FXCharger. Our Forex robot successfully traded for more than 4 years. We are working on some good update and I hope we will back with even better results in the future.
We are really sorry and upset about the loss that our clients got. We tried to do all we can from our side to avoid this. Anyway, it's Forex and unfortunately, no one is completely safe 😞
I said so
Afron posted:Drolph posted:LongVision posted:Afron posted:Drolph posted:
Based on the 100% risk this account is currently running at the moment ...
.. it is likely gone now.
www.forexpeacearmy.com/forex-strategies/1358/fx_charger
Yes this is END. Update is off.
This is true for every martingale system sooner or later only blown account.
That is not true.
Although FXCharger had an interesting basic concept, it was simply curve fitted to a specific market situation which existed the last years. Just ask yourself why it was not possible to backtest the system for periods before 2013!
I have developed my own system based on the basic idea, but managed to make it viable for a much wider range of market conditions resulting in surviving any tests since 2003 including the financialc crisis 2008/2009 and the current Covid-19 period.
Sorry but backtest has no value in forex. It is based on the past and does not guarantee future results.
Hard to imagine how wrong you are. Backtesting is the only way to find a true statistical edge in this business. But I guess you rely on the MT4 backtester when talking about backtesting. Well, then you just have no clue.
True (paid) tickdata with variable spreads and slippage simulation gives you an even worse environment than you would ever experience in live trading. Here you can look for a real diamond!
Wanna know what indeed has no value? Forward testing! Why? Because you do not have 20 years of lifetime to waste evaluating a strategy just to find out after 13 years it is rubbish. And thats the point. Market behavior changes in cycles of more than 2-5 years. Thats what I was referring to in my last comment. Having sth that works for the last years only is most likely curve fitted - just like FXCharger.
But what do I know, my own strategy using the basic concept survived to Covid 19 period without any trouble.
But what do I know, my own strategy using the basic concept survived to Covid 19 period without any trouble.
Then proof it, with a verified myFxbook Account.
MicF posted:But what do I know, my own strategy using the basic concept survived to Covid 19 period without any trouble.
Then proof it, with a verified myFxbook Account.
He has 'MicroBot' on his profile: https://www.myfxbook.com/members/Drolph/microbot/1457483
Not very appealing, but maybe he has another account not listed in myfxbook...
MicF posted:But what do I know, my own strategy using the basic concept survived to Covid 19 period without any trouble.
Then proof it, with a verified myFxbook Account.
Im not sharing my own coded projects in the FXCharger comments section.
But you can PM me to have a look for yourself in case of any doubts.
Jun 12 2020 at 20:28
But what do I know, my own strategy using the basic concept survived to Covid 19 period without any trouble.
Be kind enough to share your strategy, even if paid with verified results, thank you.
It's amazing what you can accomplish if you don't care who gets the credit.
Jun 13 2020 at 04:55
Drolph posted:Afron posted:Drolph posted:LongVision posted:Afron posted:Drolph posted:
Based on the 100% risk this account is currently running at the moment ...
.. it is likely gone now.
www.forexpeacearmy.com/forex-strategies/1358/fx_charger
Yes this is END. Update is off.
This is true for every martingale system sooner or later only blown account.
That is not true.
Although FXCharger had an interesting basic concept, it was simply curve fitted to a specific market situation which existed the last years. Just ask yourself why it was not possible to backtest the system for periods before 2013!
I have developed my own system based on the basic idea, but managed to make it viable for a much wider range of market conditions resulting in surviving any tests since 2003 including the financialc crisis 2008/2009 and the current Covid-19 period.
Sorry but backtest has no value in forex. It is based on the past and does not guarantee future results.
Hard to imagine how wrong you are. Backtesting is the only way to find a true statistical edge in this business. But I guess you rely on the MT4 backtester when talking about backtesting. Well, then you just have no clue.
True (paid) tickdata with variable spreads and slippage simulation gives you an even worse environment than you would ever experience in live trading. Here you can look for a real diamond!
Wanna know what indeed has no value? Forward testing! Why? Because you do not have 20 years of lifetime to waste evaluating a strategy just to find out after 13 years it is rubbish. And thats the point. Market behavior changes in cycles of more than 2-5 years. Thats what I was referring to in my last comment. Having sth that works for the last years only is most likely curve fitted - just like FXCharger.
But what do I know, my own strategy using the basic concept survived to Covid 19 period without any trouble.
Using Martingale does not improve your statistical edge. It only delays your loss so your equity curve looks beautiful. It is very easy to make EA based on Grid & Martingale that survive 15-20 years of backtesting. I also develop this type of EA which survive tick data testing since 2003 but never uses that EA because this is a simple curve-fitting on past data.
The market will trade through it’s path of least resistance .
Jun 13 2020 at 06:58
Drolph posted:LongVision posted:Afron posted:Drolph posted:
Based on the 100% risk this account is currently running at the moment ...
.. it is likely gone now.
www.forexpeacearmy.com/forex-strategies/1358/fx_charger
Yes this is END. Update is off.
This is true for every martingale system sooner or later only blown account.
That is not true.
Although FXCharger had an interesting basic concept, it was simply curve fitted to a specific market situation which existed the last years. Just ask yourself why it was not possible to backtest the system for periods before 2013!
I have developed my own system based on the basic idea, but managed to make it viable for a much wider range of market conditions resulting in surviving any tests since 2003 including the financialc crisis 2008/2009 and the current Covid-19 period.
Let's talk facts about high-risk trading such as Gird and Martingale.
I also develop an EA based on the Martingale strategy(Which I never use on real account). I am here sharing backtest of the strategy which I backtested since 2003 on tickdata. Look at the equity curve consistent profit without losing any month. This backtesting works on multiple currency pairs. Look like a money-printing machine.
So what is the catch here?
The answer is that I curve fitted Entry, Exit and Risk in such a way that EA backtesting should survive downswing since 2003. But there is a high probability that account will crash on future data and drawdown can be easily surpassed in future.
It is very easy for me to sell this EA as a holygrail of Trading and earn easy money. But my conscience never allows it as I know at some point there will be only blown account. Remember you can earn 10000% but you can only lose 100% only.
If you are still not convinced then I can provide some statistical data to prove my point that there is no advantage of using high-risk idea such as martingale .
The market will trade through it’s path of least resistance .
