Returning to this from a previous post:
SteveHopwood » Wed Dec 09, 2015 10:17 pm wrote:
We shall see. The hedging element should be enough to ensure that only a total cretin can blow their account, so the bot is reasonably safe. Sure, manually closing a fully hedged position is going to cost all the swap, commission and spread, but that is nothing like having 3 unhedged trades all hitting their stop loss.
I started a stop and limit orders demo on Wednesday and three same-pair trades went down the pan. There were a couple of other losses on a signal change and the account was down by nearly $200 by Thursday night. Friday came galloping to the rescue with 1,027 pips, leaving a grand total overall of +675 and profit of just shy of $200. HGI is
very good in wild markets.
I have not been able to test out the hedging qualities of the buy stop/sell stop version that I have been running for 9 days. I did have a hedged pair - GU I think - at one point but the code was still wrong then and so the bot did not handle the hedging properly. I was pleased to read cyberevil's account of how hedging ended up with decent profit when one of his pairs became hedged.
Both accounts started with $4,000 and lot sizes 0.04. The hedging account running since Tuesday 1st is up by 2,454 pips and $807. This would have been even more but for the code bloops.
A magnificent start for this bot. Those of us around when I coded Holy Graily Bob remember how we had to combat his tendency to win massively one day and then spend a couple of days giving it all back. HGBnG
appears to be avoiding this, so far.

Read the effing manual, ok?
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