PZ Averaging EA Set Files/Discussion

[FLechdrop]

Don't you think, from the results you posted earlier, that this strategy is not doing as well under the current market conditions? (Compared to the first four months of this year.)

[donbon2]

you have to keep in mind that all strategies need to be reoptimized as the market changes .. these wont work forever -- but I just put a couple on my account yesterday

usdyen and gbpusd ---- honestly these eas are not for everyone - as you will get DD - and you have to keep it reasonable.

[donbon2]

if you want anything from PZ 50% off at moment

The 50% discount code is HALLOWEEN

[donbon2]

this is for the Hedge EA - which means higher risk higher reward basically.

the results are based of 1k  0.04 start lot size. .... 15 minute eurusd chart

result and setfile attached

please keep in mind that these are optimized for 2018 - further optimization may be needed in the future -- please load on a demo and see if you like it before you use it live.

the nuts and bolts of this are if you get stopped you lose 300 - should not happen often and entry is by fractal.... to generate 300 if you were to be stopped that is about 5 - 6 weeks of trading in a busy market to get it back.

If you are into higher risk - higher reward then this might interest you .... cheers.

[FLechdrop]

That looks pretty good, donbon2!

[donbon2]

BLACK FRIDAY IS HERE!
50% Discount on everything until November 30th
Claim your discount using the discount
code BLACKFRIDAY in the order page

[Humble Trader's Fx]

BLACK FRIDAY IS HERE!
50% Discount on everything until November 30th
Claim your discount using the discount
code BLACKFRIDAY in the order page

Excellent! On it.

Regards,
HumbleTrader

[Humble Trader's Fx]

BLACK FRIDAY IS HERE!
50% Discount on everything until November 30th
Claim your discount using the discount
code BLACKFRIDAY in the order page

Excellent! On it.

Regards,
HumbleTrader

There seems to be an issue with the discount and promotion, it does not work. I have sent a notice to the vendor to see what is the issue. 


Regards,
HumbleTrader

[Humble Trader's Fx]

this is for the Hedge EA - which means higher risk higher reward basically.

the results are based of 1k  0.04 start lot size. .... 15 minute eurusd chart

result and setfile attached

please keep in mind that these are optimized for 2018 - further optimization may be needed in the future -- please load on a demo and see if you like it before you use it live.

the nuts and bolts of this are if you get stopped you lose 300 - should not happen often and entry is by fractal.... to generate 300 if you were to be stopped that is about 5 - 6 weeks of trading in a busy market to get it back.

If you are into higher risk - higher reward then this might interest you .... cheers.

Hello, DonBon2.

I finally was able to purchase the Hedging EA. I want to test it using your *.set file but I want to start with a more conservative approach. As I understand this, I need to change, "Behaviour" from, aggressive to the recommended, "balanced". Would I also need to change the lot size from .04 as you have set it, to .01 for instance, or is that not relevant?

Thank you in advance.

Regards,

HumbleTrader

[donbon2]

do not change anything but the lot size

0.04 equals about $100 a month on 1000 account --- risk is 300

so if you make lot size 0.01 you would make 25 a month and only need a 250 account


I started it yesterday on the 1000 0.04 and it has had about 4-5 trades and made $20

make sure you run on 15m eurusd chart - doesnt work on anything else.

[donbon2]

I am not saying this for you HT --- but all my testing is done at EURUSD spread of 2 points

so if you use a ECN broker with razor tight spreads and rebates or commission rebates - should work well.

[donbon2]

this is what my current portfolio performance looks like

[nwboater]

this is what my current portfolio performance looks like

That is excellent donbon2, especially for this crazy year! Is this all of your Forex or just the PZ EA's

Thanks,
Rod

[donbon2]

this is everything customized/optimized and running - there is nothing more I can do with these.

the PZ things are becoming more useful to me as I see what they can be used for.

Next I will work on the Wall St and M H1 with controller - I will try to get set up on the weekend.... if I can't improve their reliability then there isnt anything else to do.

[donbon2]

if your not making money in FX and want something on the lower risk/return scale - then the very first set file in this thread looks like this

for something free its pretty good -- just like the last eurusd one for hedging -- makes a decent portfolio.