Peaky on Steroids

Ylts · Post by **Ylts** » Wed Jun 19, 2019 6:13 pm

donix » Wed Feb 13, 2019 6:12 pm wrote:Hello all,
I have used billv setfile 2.set successfully. Thanks billv!

Im using this PoS M5 M15 H1 by_donix.set and i have started to get errors

Ylts · Post by **Ylts** » Fri Jun 21, 2019 3:27 pm

donix » Wed Feb 13, 2019 6:12 pm wrote:Hello all,
I have used billv setfile 2.set successfully. Thanks billv!
It use only few pairs:
CADJPY, EURUSD, GBPAUD, GBPUSD, USDCAD and it's good for my little deposit about 300$.
I have done only some changes:

One option changed is: Trade1CloseOnOppositeSignal = false

Because, in data 2019-01-22,

The market wos down and the and PoS has closed at -19.50$ Sell operation:

Thanks all!

Good trading!
Domenico

1 week of trades. All winners!
Next week ill try all the pairs

Post by **donix** » Mon Jul 22, 2019 10:28 am

Hi all!

a few days ago I enabled

Trade1CloseOnOppositeSignal = true (which caused a small loss -50 visible in the screenshot)

This is because we need to protect the storage that has become bigger and I have taken a little more risk because recently I also doubled the lot to 0.02 for all timeframes.

I am very satisfied with this EA!

I believe it would not be bad if we included a strategy that would act in periods when couples are not very volatile and avoid periods of stagnation.

Cozybooks seems to have found a strategy almost opposite to peaky: << I have another live manual strategy that trades on breaks of the sixth lines that is almost totally opposite from Peaky. >>

http://www.stevehopwoodforex.com/phpBB3 ... &start=120

My fxblue:
https://www.fxblue.com/users/donix2

DetailedStatement_from 16-01-2019.gif

Post by **billv** » Tue Jul 23, 2019 8:54 am

donix » Mon Jul 22, 2019 9:28 pm wrote:Hi all!

a few days ago I enabled

Trade1CloseOnOppositeSignal = true (which caused a small loss -50 visible in the screenshot)

This is because we need to protect the storage that has become bigger and I have taken a little more risk because recently I also doubled the lot to 0.02 for all timeframes.

Yes some tool is needed to minimise the risk of large draw down and to stop margin calls.

In my demo accounts I don't use this function nor do I use a stop loss
and in my PS-2 account the current DD and the combined traded lot size are now uncomfortably high.
https://www.myfxbook.com/members/Bbottr ... -2/3227370

Therefore I decided to enable a distant SL on the lowest timeframes
which make up for the majority of the trades.

Post by **Gertje** » Tue Jul 23, 2019 9:10 am

billv » Tue Jul 23, 2019 8:54 am wrote:
donix » Mon Jul 22, 2019 9:28 pm wrote:Hi all!

a few days ago I enabled

Trade1CloseOnOppositeSignal = true (which caused a small loss -50 visible in the screenshot)

This is because we need to protect the storage that has become bigger and I have taken a little more risk because recently I also doubled the lot to 0.02 for all timeframes.

Yes some tool is needed to minimise the risk of large draw down and to stop margin calls.

In my demo accounts I don't use this function nor do I use a stop loss
and in my PS-2 account the current DD and the combined traded lot size are now uncomfortably high.
https://www.myfxbook.com/members/Bbottr ... -2/3227370

Therefore I decided to enable a distant SL on the lowest timeframes
which make up for the majority of the trades.

What TF's are you trading?
I learned by error that anything below H4 is doomed to get a MC.

With 1:500 leverage as you have at ICM, my dollup ranges from 0.01/1.600 to 0.01/5.000 depending on the 6th distance.
With GlobalPrime [1:200 leverage] my dollup is more conservative and ranges from 5.000 - 15.000
Both are live accounts, trading PoS on the H4 and D1 charts.

Post by **billv** » Tue Jul 23, 2019 9:20 am

Gertje » Tue Jul 23, 2019 8:10 pm wrote: What TF's are you trading?
I learned by error that anything below H4 is doomed to get a MC.

The PS-2 account is trading 1min, 5min,15min and 1H

You are right, the 4H and 1D are the most reliable but I'm experimenting with the small timeframes for now because I want frequent trading.

The other advantage of allowing some losing trades to close is that we release margin
and therefore we will be able to increase trade size.
You can see that the current trade size in the PS-2 account is VERY conservative.

The trade size increase should more than compensate for the occasional losing trade.

kinitex · Post by **kinitex** » Tue Jul 23, 2019 5:02 pm

Sorry if this has been asked but I searched this thread for backtest and skimmed through the pdf didn't see any mention on if this can be backtested or not.

Post by **Gertje** » Tue Jul 23, 2019 5:08 pm

kinitex » Tue Jul 23, 2019 5:02 pm wrote:Sorry if this has been asked but I searched this thread for backtest and skimmed through the pdf didn't see any mention on if this can be backtested or not.

Backtest??????

Where’s the popcorn?
Dude, you’ve been lurking for 4 years, and didn’t pick that up??

A backtest will only tell if all functions of an EA will function.
That’s it.
Forward test is the way to go.

Like this 2-year + demo; https://www.fxblue.com/users/2085517

Post by **SteveHopwood** » Tue Jul 23, 2019 5:13 pm

kinitex » Tue Jul 23, 2019 5:02 pm wrote:Sorry if this has been asked but I searched this thread for backtest and skimmed through the pdf didn't see any mention on if this can be backtested or not.

Most people have more sense than to ask about it. Only an idiot thinks that backtesting has any value. This post explains why viewtopic.php?p=108983#p108983

Bother me with it again and I will remove your ability to bother anyone.

Post by **tomele** » Tue Jul 23, 2019 5:28 pm

Gertje » 23 Jul 2019, 18:08 wrote: Backtest??????
Where’s the popcorn?

Tommaso, you can't provide us with a popcorn smiley, can you? SHF is attracting lots of new people these days and most of them seem to be illiterate, dull or phony. Or all of it.