Rinse 'n Repeat

Haggadah · Post by **Haggadah** » Thu Jun 23, 2016 12:28 pm

TraderJoeForex » Tue Jun 21, 2016 5:16 pm wrote:
When I posted earlier it was the only one in profit with open positions included since the others were in bigger drawdown. Now things have changed with the retrace and the original is back in the lead.

I expect the results to ebb and flow in this way. During and immediately after a straight move the "imbalance" Exp should lead due to lower drawdown from not taking additional positions on the wrong side as price moves.. it's relative disadvantage is that once there is a retrace the standard RnR will take it's advantage while "imbalance" Exp requires a further move either way to move ahead.

The way I see it the standard RnR will be more profitable when price action is moving within a range and "imbalance" Exp will be safer and hopefully still profitable when price breaks out. I am thinking perhaps swapping between them for different sessions and/or market conditions could be one way forwards...

An Offsetting EA to monitor 2 non/correlated pairs to close that will result into profit is I believed the best way to go. Two pairs to monitor imbalance is more exploitable than a single pair.

Haggadah

Post by **Gertje** » Thu Jun 23, 2016 12:31 pm

acostafulano » Wed Jun 22, 2016 8:59 pm wrote:Hello Gertjan, you still doing GBPJPY, EURNZD, and EURAUD? or have you changed that

I dropped both EURxxx live, and kept EURAUD on demo. The combo took to much margin, where GBPJPY made better use of it.

GBPJPY on live only at the moment [starting again next week I should say].

Post by **Gertje** » Thu Jun 23, 2016 2:40 pm

Insane results today, hope it will be the same next week.....

GBPJPYM5.png

Post by **SteveHopwood** » Thu Jun 23, 2016 2:53 pm

Gertje » Thu Jun 23, 2016 2:40 pm wrote:Insane results today, hope it will be the same next week.....

Such a shame that we only have balls of steel rather than titanium.

Post by **Gertje** » Thu Jun 23, 2016 2:55 pm

SteveHopwood » Thu Jun 23, 2016 2:53 pm wrote:
Gertje » Thu Jun 23, 2016 2:40 pm wrote:Insane results today, hope it will be the same next week.....

Such a shame that we only have balls of steel rather than titanium.

So true.

RnR behaves like a kitten this week...

Just the margin requirements keeps me from starting the EA.....

Post by **TraderJoeForex** » Wed Jun 29, 2016 7:33 pm

TraderJoeForex » Tue Jun 21, 2016 9:08 pm wrote:
Ok I've decided on a simpler definition for RnR Magic 10 .... partly because it makes it a bit easier for me to keep track and change the settings on the bot and sometimes simple is best too.

Letting go of HGI now with this and just using CSS H1 or H4 to define long, short or both ways during range : (H1 when I'm home and H4 for night or when out and about .. the push alert is a handy call to action).

It's looking good for now .. looking forward to some fun tomorrow

Just to update on this test now the dust has settled from Brexit.

The only disaster was the hedging version which we kinda already knew but I thought worth including for Brexit in case it surprised.

Next we have my manual attempt at choosing one way direction based on H1 CSS. I kinda lost interest in doing this after Brexit as the delayed direction changes didn't prove any benefit!

So that leaves the original version (magic 0) as the most profitable and the Imbalance EXP version (magic 1) as the lowest drawdown. I took various snapshots during and after Brexit for my own analysis and the Imbalance EXP had approximately half the imbalance and half the open positions immediately following Brexit compared to the original version. From the trade report we can see that it actually traded 50% of the total lots compared with the original version and provided 74% of the total profit. This seems like a worthwhile difference to me and I am now trading live with this imbalance EXP set.

Additionally on the same account I am trading an M5 version of HGBnG which is profitable in it's own right but also acts as a nice counterbalance during a move to further reduce drawdown. I feel comfortable with this combo hands off now with 0.01 per £5000 just keeping an eye around major news. This is just that little bit more accessible than 10k although of course that would be safer still.

Margin restrictions excluded .. If I had traded this combo live during Brexit with 0.01 per £5000 it would not only have survived but turned a very tidy +19% profit with draw down fully recovered now only a few days later. I reckon this is as good as it's going to get for now. Fantastic Work. Very pleased.

:!!:

Haggadah · Post by **Haggadah** » Thu Jun 30, 2016 9:09 am

TraderJoeForex » Wed Jun 29, 2016 8:33 pm wrote:
TraderJoeForex » Tue Jun 21, 2016 9:08 pm wrote:
Ok I've decided on a simpler definition for RnR Magic 10 .... partly because it makes it a bit easier for me to keep track and change the settings on the bot and sometimes simple is best too.

Letting go of HGI now with this and just using CSS H1 or H4 to define long, short or both ways during range : (H1 when I'm home and H4 for night or when out and about .. the push alert is a handy call to action).

It's looking good for now .. looking forward to some fun tomorrow
Just to update on this test now the dust has settled from Brexit.

The only disaster was the hedging version which we kinda already knew but I thought worth including for Brexit in case it surprised.

Next we have my manual attempt at choosing one way direction based on H1 CSS. I kinda lost interest in doing this after Brexit as the delayed direction changes didn't prove any benefit!

So that leaves the original version (magic 0) as the most profitable and the Imbalance EXP version (magic 1) as the lowest drawdown. I took various snapshots during and after Brexit for my own analysis and the Imbalance EXP had approximately half the imbalance and half the open positions immediately following Brexit compared to the original version. From the trade report we can see that it actually traded 50% of the total lots compared with the original version and provided 74% of the total profit. This seems like a worthwhile difference to me and I am now trading live with this imbalance EXP set.

Additionally on the same account I am trading an M5 version of HGBnG which is profitable in it's own right but also acts as a nice counterbalance during a move to further reduce drawdown. I feel comfortable with this combo hands off now with 0.01 per £5000 just keeping an eye around major news. This is just that little bit more accessible than 10k although of course that would be safer still.

Margin restrictions excluded .. If I had traded this combo live during Brexit with 0.01 per £5000 it would not only have survived but turned a very tidy +19% profit with draw down fully recovered now only a few days later. I reckon this is as good as it's going to get for now. Fantastic Work. Very pleased.

TJF,

Thank you for the update. Are you trading the same currency with the EXP version and RnR? Appreciate if you can share your set file for the EXP version.

Haggadah

Post by **Gertje** » Thu Jun 30, 2016 9:32 am

Haggadah » Thu Jun 30, 2016 9:09 am wrote:
TJF,

Thank you for the update. Are you trading the same currency with the EXP version and RnR? Appreciate if you can share your set file for the EXP version.

Haggadah

I believe the setfile TJF attached IS the one for the EXP-version.

Haggadah · Post by **Haggadah** » Thu Jun 30, 2016 9:45 am

Gertje » Thu Jun 30, 2016 10:32 am wrote:
Haggadah » Thu Jun 30, 2016 9:09 am wrote:
TJF,

Thank you for the update. Are you trading the same currency with the EXP version and RnR? Appreciate if you can share your set file for the EXP version.

Haggadah
I believe the setfile TJF attached IS the one for the EXP-version.

Gertje,
Thank you.

Haggadah

Post by **TraderJoeForex** » Thu Jun 30, 2016 11:16 am

Haggadah » Thu Jun 30, 2016 9:45 am wrote:
Gertje,
Thank you.

Haggadah

Correct and just GJ yes.