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Author Topic: Forex Trend Detector  (Read 77353 times)

Offline wallstreet.forex.robot

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Re: Forex Trend Detector
« Reply #165 on: March 22, 2018, 07:21:26 PM »
How about the Risk Setting for each?

This is GBPUSD default and EURUSD HF settings.

It seems like risk setting is 3% GU and 2% EU and no recovery mode on the all pairs account

Max no of trades each pair seems = 10

That is quite high risk setting and would think about half that is more appropriate

The GU trades are all at .03. The EU's vary between .02 & .03. That's why I asked about recovery.

I agree with you that the risk seems high. 9 or 10 trades of .02 or .03 on a 1.3k account is a little scary to me for the hours it trades. Most trades don't seem to be during Asian session when the market is more calm. And average trade length is 10.39 hours. It feels a little like its running the risk of an Asian scalper, but is using riskier time frames and duration.

Cheers,
Rod

The recommended risk is AutoMM 0.5 to 1. AutoMM up to 5 can be used for small accounts, if you want to try how lucky you are. For example I've started my real money account with AutoMM 2 and when the account grew I've reduced the risk to 0.5. In fact the system is quite good even used with maximum trades 2-5, but the real potential is unlocked with maximum trades 10 or even 15, because in this strong impulses  we have statistically best expectancy, so I prefer lower AutoMM and more trades. 
« Last Edit: March 22, 2018, 07:24:23 PM by wallstreet.forex.robot »
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Offline anglebird

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Re: Forex Trend Detector
« Reply #166 on: March 23, 2018, 06:01:07 AM »
How about the Risk Setting for each?

This is GBPUSD default and EURUSD HF settings.

It seems like risk setting is 3% GU and 2% EU and no recovery mode on the all pairs account

Max no of trades each pair seems = 10

That is quite high risk setting and would think about half that is more appropriate

The GU trades are all at .03. The EU's vary between .02 & .03. That's why I asked about recovery.

I agree with you that the risk seems high. 9 or 10 trades of .02 or .03 on a 1.3k account is a little scary to me for the hours it trades. Most trades don't seem to be during Asian session when the market is more calm. And average trade length is 10.39 hours. It feels a little like its running the risk of an Asian scalper, but is using riskier time frames and duration.

Cheers,
Rod

The recommended risk is AutoMM 0.5 to 1. AutoMM up to 5 can be used for small accounts, if you want to try how lucky you are. For example I've started my real money account with AutoMM 2 and when the account grew I've reduced the risk to 0.5. In fact the system is quite good even used with maximum trades 2-5, but the real potential is unlocked with maximum trades 10 or even 15, because in this strong impulses  we have statistically best expectancy, so I prefer lower AutoMM and more trades.

Thanks for the update. I've been BT the EU default setting and the result is so great and steady for long term, maybe the best BT result from all your EA's I've ever done.
But I have problem here, I can't BT the EU HF and GU because the EA failed to download the csv file. What should I do?


Offline IFFTrader

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Re: Forex Trend Detector
« Reply #167 on: March 23, 2018, 06:54:33 AM »

The recommended risk is AutoMM 0.5 to 1. AutoMM up to 5 can be used for small accounts, if you want to try how lucky you are. For example I've started my real money account with AutoMM 2 and when the account grew I've reduced the risk to 0.5. In fact the system is quite good even used with maximum trades 2-5, but the real potential is unlocked with maximum trades 10 or even 15, because in this strong impulses  we have statistically best expectancy, so I prefer lower AutoMM and more trades.

How does recovery identify the trades that hit SL within the session? For example, a signal is triggered and some trades hit TP and few hit SL. In the next session when signal is triggered, how does it calculate the recovery size?

Offline wallstreet.forex.robot

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Re: Forex Trend Detector
« Reply #168 on: March 23, 2018, 08:09:44 AM »
Hi anglebird, which vesion do you use? You have to use the new version.
This is the official donnaforex profile of the WallStreet Forex Robot team. If you have support issues or questions, please use our support system, because we cannot guarantee we will be able to monitor our topics in donnaforex all the time.


Offline wallstreet.forex.robot

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Re: Forex Trend Detector
« Reply #169 on: March 23, 2018, 08:18:31 AM »

The recommended risk is AutoMM 0.5 to 1. AutoMM up to 5 can be used for small accounts, if you want to try how lucky you are. For example I've started my real money account with AutoMM 2 and when the account grew I've reduced the risk to 0.5. In fact the system is quite good even used with maximum trades 2-5, but the real potential is unlocked with maximum trades 10 or even 15, because in this strong impulses  we have statistically best expectancy, so I prefer lower AutoMM and more trades.

How does recovery identify the trades that hit SL within the session? For example, a signal is triggered and some trades hit TP and few hit SL. In the next session when signal is triggered, how does it calculate the recovery size?

The EA identifies if there is a drawdown on a base of the last 50 trades. In a state of drawdown each new trade is multiplied by a factor of 1.04 (v4.0) until the DD is compensated.
This is the official donnaforex profile of the WallStreet Forex Robot team. If you have support issues or questions, please use our support system, because we cannot guarantee we will be able to monitor our topics in donnaforex all the time.


Offline Anchorpoint

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Re: Forex Trend Detector
« Reply #170 on: March 23, 2018, 10:23:20 AM »
How about the Risk Setting for each?

This is GBPUSD default and EURUSD HF settings.

It seems like risk setting is 3% GU and 2% EU and no recovery mode on the all pairs account

Max no of trades each pair seems = 10

That is quite high risk setting and would think about half that is more appropriate

The GU trades are all at .03. The EU's vary between .02 & .03. That's why I asked about recovery.

I agree with you that the risk seems high. 9 or 10 trades of .02 or .03 on a 1.3k account is a little scary to me for the hours it trades. Most trades don't seem to be during Asian session when the market is more calm. And average trade length is 10.39 hours. It feels a little like its running the risk of an Asian scalper, but is using riskier time frames and duration.

Cheers,
Rod

The recommended risk is AutoMM 0.5 to 1. AutoMM up to 5 can be used for small accounts, if you want to try how lucky you are. For example I've started my real money account with AutoMM 2 and when the account grew I've reduced the risk to 0.5. In fact the system is quite good even used with maximum trades 2-5, but the real potential is unlocked with maximum trades 10 or even 15, because in this strong impulses  we have statistically best expectancy, so I prefer lower AutoMM and more trades.

Thanks for the update. I've been BT the EU default setting and the result is so great and steady for long term, maybe the best BT result from all your EA's I've ever done.
But I have problem here, I can't BT the EU HF and GU because the EA failed to download the csv file. What should I do?

Angelbird it would be very great if you could do backtests with 1% risk and post them here  :)
Anything can happen - every moment in the market is unique

Offline wallstreet.forex.robot

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Re: Forex Trend Detector
« Reply #171 on: March 23, 2018, 01:07:37 PM »
How about the Risk Setting for each?

This is GBPUSD default and EURUSD HF settings.

It seems like risk setting is 3% GU and 2% EU and no recovery mode on the all pairs account

Max no of trades each pair seems = 10

That is quite high risk setting and would think about half that is more appropriate

Just checked it:

GBPUSD: 2%
EURUSD: 1%

+ recovery
This is the official donnaforex profile of the WallStreet Forex Robot team. If you have support issues or questions, please use our support system, because we cannot guarantee we will be able to monitor our topics in donnaforex all the time.


Offline anglebird

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Re: Forex Trend Detector
« Reply #172 on: March 23, 2018, 03:06:38 PM »
Hi anglebird, which vesion do you use? You have to use the new version.

Problem solved, I delete csv file from last version, reactivate real account number in the website and then re-login to my mt4 account.
I use FTD v4 at the beginning.

Offline anglebird

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Re: Forex Trend Detector
« Reply #173 on: March 23, 2018, 03:21:41 PM »
How about the Risk Setting for each?

This is GBPUSD default and EURUSD HF settings.

It seems like risk setting is 3% GU and 2% EU and no recovery mode on the all pairs account

Max no of trades each pair seems = 10

That is quite high risk setting and would think about half that is more appropriate

The GU trades are all at .03. The EU's vary between .02 & .03. That's why I asked about recovery.

I agree with you that the risk seems high. 9 or 10 trades of .02 or .03 on a 1.3k account is a little scary to me for the hours it trades. Most trades don't seem to be during Asian session when the market is more calm. And average trade length is 10.39 hours. It feels a little like its running the risk of an Asian scalper, but is using riskier time frames and duration.

Cheers,
Rod

The recommended risk is AutoMM 0.5 to 1. AutoMM up to 5 can be used for small accounts, if you want to try how lucky you are. For example I've started my real money account with AutoMM 2 and when the account grew I've reduced the risk to 0.5. In fact the system is quite good even used with maximum trades 2-5, but the real potential is unlocked with maximum trades 10 or even 15, because in this strong impulses  we have statistically best expectancy, so I prefer lower AutoMM and more trades.

Thanks for the update. I've been BT the EU default setting and the result is so great and steady for long term, maybe the best BT result from all your EA's I've ever done.
But I have problem here, I can't BT the EU HF and GU because the EA failed to download the csv file. What should I do?

Angelbird it would be very great if you could do backtests with 1% risk and post them here  :)

Here you go, this BT using default settings..  EU default setting BT (Jan 2011 - today) and EU HF setting BT (Jan 2012 - Jan 2016).
For GU and EU HF setting BT there's some problem when BT it. I'm not uploading GU because the result is to good to be true, I've done everything but still I can't get correct BT. Maybe because my price history for GU is bad, I'm not sure.
« Last Edit: March 23, 2018, 03:34:28 PM by anglebird »

Offline anglebird

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Re: Forex Trend Detector
« Reply #174 on: March 23, 2018, 04:19:16 PM »
In my perspective this EA especially this new version is the best EA from FXAutomater so far. I have all their EA except forex combo system, those EAs fail and suffer big DD because the risk is bigger than the reward. Look at wally and Vola as example, they have great logic behind it but in the long run its still fail at least until today, just check how the R:R from those EAs.

This EA has good R:R and alot of filters and the most important is it has very low trading activity. Low trading activity is the most important key to get nice and steady profit, for example Vola and Diamond is aggressive EA but if you check their drawdown, really BIG and fail in 2017. Look at wally asia, low trading activity but gaining steady income and the drawdown is low even with high risk. But if you using wally Asia becareful of the R:R, and great performance from this EA is only because of GBPCAD. Check on wally asia myfxbook portofolio, if you use custom analysis and exclude GBPCAD the performance will only around 40% until today. If GBPCAD suffer DD (and it will) then the performance will be bad.

So this is what I learn from using EAs especially FXAutomater product, if you want long term profit you need to respect this EA (because of good R:R and low trading activity). Right now I'm using wally asia but next week I will using FTD until this EA dead or FXautomater invented better EA. I just wanna share my thoughts, guys. I know maybe you have different opinion, I hope it will help somebody to gain great result using the EA from this developer.

FXAutomater is the best EAs developer, no doubt about it. I use their EA since 2012 and gaining good profits until today. But nothing is perfect, you still need to do your home work to use the EA even from the best developer. Cheers.. ;)



Offline Anchorpoint

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Re: Forex Trend Detector
« Reply #175 on: March 23, 2018, 04:39:46 PM »
In my perspective this EA especially this new version is the best EA from FXAutomater so far. I have all their EA except forex combo system, those EAs fail and suffer big DD because the risk is bigger than the reward. Look at wally and Vola as example, they have great logic behind it but in the long run its still fail at least until today, just check how the R:R from those EAs.

This EA has good R:R and alot of filters and the most important is it has very low trading activity. Low trading activity is the most important key to get nice and steady profit, for example Vola and Diamond is aggressive EA but if you check their drawdown, really BIG and fail in 2017. Look at wally asia, low trading activity but gaining steady income and the drawdown is low even with high risk. But if you using wally Asia becareful of the R:R, and great performance from this EA is only because of GBPCAD. Check on wally asia myfxbook portofolio, if you use custom analysis and exclude GBPCAD the performance will only around 40% until today. If GBPCAD suffer DD (and it will) then the performance will be bad.

So this is what I learn from using EAs especially FXAutomater product, if you want long term profit you need to respect this EA (because of good R:R and low trading activity). Right now I'm using wally asia but next week I will using FTD until this EA dead or FXautomater invented better EA. I just wanna share my thoughts, guys. I know maybe you have different opinion, I hope it will help somebody to gain great result using the EA from this developer.

FXAutomater is the best EAs developer, no doubt about it. I use their EA since 2012 and gaining good profits until today. But nothing is perfect, you still need to do your home work to use the EA even from the best developer. Cheers.. ;)

Thanks for your work anglebird. BT on default look very good and is better than HF settings (profit/DD). You can achieve same profit with lower DD running default (by adjusting MM%) than with HF. So great to know HF is a no go. I also agree that this is a very good EA that is not gaining the attention it deserves.     
Anything can happen - every moment in the market is unique

Offline nwboater

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Re: Forex Trend Detector
« Reply #176 on: March 23, 2018, 05:31:47 PM »
[Thanks for your work anglebird. BT on default look very good and is better than HF settings (profit/DD). You can achieve same profit with lower DD running default (by adjusting MM%) than with HF. So great to know HF is a no go. I also agree that this is a very good EA that is not gaining the attention it deserves.   

Anglebird mentions some problems with BT on HF versions. So I wonder if your conclusions about default being better is valid?

Cheers,
Rod
EA's (Run on separate accounts): Cyborg, Best Scalper MT4 V. 2.3

Signal: Hans Trend 2 Beta (On hold until new version)

Darwinex: Portfolio of 12 Darwins

Broker: AxiTrader, Darwinex
VPS's: Amazon EC2
Rebates: HFT Group

Offline wallstreet.forex.robot

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Re: Forex Trend Detector
« Reply #177 on: March 23, 2018, 06:08:11 PM »
I would also go with the default settings for EURUSD. On paper the HF settings are more profitable with higher trading activity, but the profit factor is lower and the DD is higher. Anyway some people just does not have the nerves to wait weeks sometimes for a signal and this settings are for them. By the way the backtests on the sales page are 100% correct and the difference between the brokers should be insignificant, so you can rely on them.
This is the official donnaforex profile of the WallStreet Forex Robot team. If you have support issues or questions, please use our support system, because we cannot guarantee we will be able to monitor our topics in donnaforex all the time.


Offline wallstreet.forex.robot

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Re: Forex Trend Detector
« Reply #178 on: March 23, 2018, 06:23:59 PM »
I will share a small secret here - the only difference between the default settings and the HF settings is the intensity of the breakout impulse on which the EA initiates a trade. All other filters and settings are identical. So, the HF settings are just more aggressive in the entries.
This is the official donnaforex profile of the WallStreet Forex Robot team. If you have support issues or questions, please use our support system, because we cannot guarantee we will be able to monitor our topics in donnaforex all the time.


Offline nwboater

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Re: Forex Trend Detector
« Reply #179 on: March 23, 2018, 06:39:53 PM »
I would also go with the default settings for EURUSD. On paper the HF settings are more profitable with higher trading activity, but the profit factor is lower and the DD is higher. Anyway some people just does not have the nerves to wait weeks sometimes for a signal and this settings are for them. By the way the backtests on the sales page are 100% correct and the difference between the brokers should be insignificant, so you can rely on them.
I will share a small secret here - the only difference between the default settings and the HF settings is the intensity of the breakout impulse on which the EA initiates a trade. All other filters and settings are identical. So, the HF settings are just more aggressive in the entries.

Your sharing of solid information on your EA's is extremely helpful, and coming from the source is invaluable.

Thanks very much again.

And we all promise not to share your secrets! :)

Cheers,
Rod
EA's (Run on separate accounts): Cyborg, Best Scalper MT4 V. 2.3

Signal: Hans Trend 2 Beta (On hold until new version)

Darwinex: Portfolio of 12 Darwins

Broker: AxiTrader, Darwinex
VPS's: Amazon EC2
Rebates: HFT Group

 

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