Quote from TraderJoe08:
3.17% Max Drawdown 28% Return
If i can get data from 06-08 and the results are similar, do you think this thing has legs?
Quote from TraderJoe08:
3.17% Max Drawdown 28% Return
If i can get data from 06-08 and the results are similar, do you think this thing has legs?
Quote from TraderJoe08:
Well, my entries do have specific criteria, obviously right lol.
I only trade signals at certain periods of the day due the increased volatility, if that answers your question.
My programming ability is limited along with my funds so in order to robustly test my system I'd need a lot of money.
Quote from Algo_Design_Kid:
Mine is too, welcome to the world of non institutional trading.
Start it in a Micro FOREX account, best bet.
How many lots are you laying per trade? Just 1?
Also how is it that your software can adjust for certain specs like max drawdown etc. Is it theoretical? To me it doesn't make sense - at least from where I am looking at it.
Quote from TraderJoe08:
I'm running it now live on a micro account. Just started live last Thursday. Obviously I'm bumping up the risk tolerance a bit because the account is so small.
As far as drawdown optimization. All i do is tone down the aggressiveness of the money management. Bigger returns equal bigger drawdowns right?
Quote from Algo_Design_Kid:
Regarding returns/drawdowns
Bigger returns do not necessarily mean bigger drawdowns. It's about your entry efficiency.
Are you using something technical as your stop or is it always a set number. For instance in one of my programs I use a stop when 2 moving averages are > than "x" away from each other.
Trade it EXACTLY as you would in a regular account unless you are talking about size. How many lots does your regular program use?
Quote from TraderJoe08:
I have a money management piece of code incorporated. For this posting tho i kept 1 lot at all trades. 1 lot= $1 per point or pip.
$15k initial deposit
$2415 Profit
16% Return
So when i use my money management code, return increases as i am trading more "lots" as my account balance grows.
double CalculateLotSize()
{
double lots = 0;
int c = AccountBalance()/x;
return (c*1);
x value is what i play with to increase return or play with drawdown levels. So i'll put 5000 in if i want 5k equity needed per 1 lot.
Stop is variable.