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Author Topic: Remora EA  (Read 50186 times)

Offline krisz

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Re: Remora EA
« Reply #30 on: November 21, 2013, 06:20:30 PM »
Hello krisz,

When do you start MT4 account with Myfxbook?

Thanks,

viltsu
Hi,
Finally money arrived yesterday on the account, yesterday evening I attached the EA and now connected to myfxbook: http://www.myfxbook.com/members/remora_ea/remora-ea/758976

Offline Bumblebee-

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Re: Remora EA
« Reply #31 on: November 24, 2013, 05:16:10 AM »
Hi,
Just checked your Myfxbook Strategy result, I saw there is a lost 10% (only -47pips) just in one single trade. Is that an error or?

Offline compujock

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Re: Remora EA
« Reply #32 on: November 24, 2013, 05:41:22 AM »
Hi,
Just checked your Myfxbook Strategy result, I saw there is a lost 10% (only -47pips) just in one single trade. Is that an error or?
I think the 10% is correct.  Look at the dates of those two trades.  One was from 2003 and the other from 2009, so it makes sense that one has a much larger lot size but both trades lost around the same percentage because the account was much smaller in 2003.

Offline Bumblebee-

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Re: Remora EA
« Reply #33 on: November 24, 2013, 06:37:52 AM »
This another date that the Lot Size used, it suddenly jumps more than 5times larger compare to other days. Is this EA uses constant Money Management or something else?

Offline compujock

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Re: Remora EA
« Reply #34 on: November 24, 2013, 06:45:30 AM »
This another date that the Lot Size used, it suddenly jumps more than 5times larger compare to other days. Is this EA uses constant Money Management or something else?
From the web page: "Lot size is calculated based on the equity and the market movement." 

So, it uses a variable lot size, but from the pic you posted those two trades were around 5 times the average current lot size and that is concerning to me.  I would hope the EA will offer some kind of control over how much bigger the variable lot sizes can be otherwise it will be hard to manage drawdown and margin when running this with other EA's...

Offline krisz

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Re: Remora EA
« Reply #35 on: November 24, 2013, 08:50:57 PM »
Yes, compujock is right. Lot size is calculated dinamically to the equity and to the market.
Risk will be available for settings.
« Last Edit: November 25, 2013, 12:09:25 AM by krisz »

Offline timetotrade

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Re: Remora EA
« Reply #36 on: November 25, 2013, 12:19:33 PM »
At least your EA has started well. This is the first strategy that I actually like and use my self. Anything related to trends and moving averages is what I generally use in my manual trading anyhow. So will be interesting to see how the EA handles this type of strategy automatically. But either way I like it, regardless of what your myfxbook shows. Especially since long term this type of strategy tends to hold up well, well it has for me anyhow. :)
« Last Edit: November 25, 2013, 12:22:26 PM by timetotrade »

Offline krisz

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Re: Remora EA
« Reply #37 on: November 26, 2013, 10:29:15 AM »
I had to wire transfer 1500 USD more to the account, because Fxopen ECN's minimum lot size is 0.1 lot and on Friday I had an order rejected due to the small lot size (0.05). And that would be a winner too.  >:(
I hope it will be there in a couple of days and it won't miss other trades.
« Last Edit: November 26, 2013, 12:30:58 PM by krisz »

Offline krisz

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Re: Remora EA
« Reply #38 on: December 20, 2013, 12:17:04 AM »
Unfortunately I can not start the selling in this year, just in January 2014.
But until then you can follow the live account :)

Offline forexfish

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Re: Remora EA
« Reply #39 on: December 20, 2013, 12:21:16 AM »
Unfortunately I can not start the selling in this year, just in January 2014.
But until then you can follow the live account :)

Thanks for the updates.

Why there is significant variation of lot size from 0.13 to 1.0 despite same balance and currency pair ?

http://www.myfxbook.com/members/remora_ea/remora-ea/758976



Offline krisz

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Re: Remora EA
« Reply #40 on: December 20, 2013, 12:44:31 AM »
Unfortunately I can not start the selling in this year, just in January 2014.
But until then you can follow the live account :)

Thanks for the updates.

Why there is significant variation of lot size from 0.13 to 1.0 despite same balance and currency pair ?

http://www.myfxbook.com/members/remora_ea/remora-ea/758976
Because lot size is calculated based on the equity and the market.
Usually ~7% of the trades are the so called "small strategy" trades. It needs smoother market movement and it is with 22 SL and 6 TP and it is usually with 8 times bigger lot size than the "main strategy".
As earlier mentioned it will be available to set the size of the small strategy beside the main. Usually if it hit the SL, it looses ~10%, but even with this big loss, it has still just 25%DD for 10 years. That means, it rarely hit SL. This type of trade was on 2013.12.13 on live account.

Offline compujock

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Re: Remora EA
« Reply #41 on: December 21, 2013, 02:27:39 AM »
Usually ~7% of the trades are the so called "small strategy" trades. It needs smoother market movement and it is with 22 SL and 6 TP and it is usually with 8 times bigger lot size than the "main strategy".
As earlier mentioned it will be available to set the size of the small strategy beside the main. Usually if it hit the SL, it looses ~10%, but even with this big loss, it has still just 25%DD for 10 years. That means, it rarely hit SL. This type of trade was on 2013.12.13 on live account.
Thanks for the details.  I would love to try backtesting this using 2x, 3x, and 4x on the "small strategy" instead of 8x to see how this affects overall performance and drawdown of the EA.  I am intrigued with the way this thing trades and look forward to your release.  Can you tell us anything about the profitability of the main strategy on its own?  I assume the main strategy is profitable on its own, but the small strategy probably really helps to boost the performance.  Turbo charges it, so to speak.  :-)

Offline krisz

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Re: Remora EA
« Reply #42 on: December 21, 2013, 02:09:16 PM »
Hi,
Here are the BT-s.
I could a little bit improve the strategy (I have some other things in my mind how to make some parts dinamically to the market)

Without small strategy:
http://www.remora-ea.com/Remora-EA_20030505-20131001_MT4_dll8_17h_nosmall.htm

With low lotsized small strategy (2x):
http://www.remora-ea.com/Remora-EA_20030505-20131001_MT4_dll8_17h_jo_2.htm

With medium lotsized small strategy (4x):
http://www.remora-ea.com/Remora-EA_20030505-20131001_MT4_dll8_17h_jo_4.htm

With high lotsized small strategy (8x):
http://www.remora-ea.com/Remora-EA_20030505-20131001_MT4_dll8_17h_jo.htm

Offline forexfish

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Re: Remora EA
« Reply #43 on: December 22, 2013, 11:36:33 AM »
Hi,
Here are the BT-s.
I could a little bit improve the strategy (I have some other things in my mind how to make some parts dinamically to the market)

Without small strategy:
http://www.remora-ea.com/Remora-EA_20030505-20131001_MT4_dll8_17h_nosmall.htm

With low lotsized small strategy (2x):
http://www.remora-ea.com/Remora-EA_20030505-20131001_MT4_dll8_17h_jo_2.htm

With medium lotsized small strategy (4x):
http://www.remora-ea.com/Remora-EA_20030505-20131001_MT4_dll8_17h_jo_4.htm

With high lotsized small strategy (8x):
http://www.remora-ea.com/Remora-EA_20030505-20131001_MT4_dll8_17h_jo.htm

Thanks for sharing this.

Which strategy you are using in your real account ?

I see you started with lot size 0.22 and the BTs you have shown are all started with $1k balance with 0.06 lot ?  It would be more helpful if you show us backtest consistent with your account in terms of increasing the lot size etc. 


Offline ichfunktion

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Re: Remora EA
« Reply #44 on: December 22, 2013, 01:08:16 PM »
Hi krisz,

what I can see so far looks very interesting for me, especially as I do not have a trend follower in my EA portfolio.
Also I like your idea of main and small strategy.

Would it be possible to configure an own balance for this EA? (only in this case I could run it on the same account together with other EA)
As the small strategy has a TP of 6pips: are this trades during phases where we have fast movements (in this case slippage and broker spreads will be important and the right broker choice could be a success factor)?

Also important will be your pricing. I personally like if you have an initial price and a maintenance fee, if the initial price is not high. If I see that there is a good support with improvements and the profit is ok, I have no problem to pay a good yearly maintenance fee.

Cheers,
Jan

 

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