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José Luis Live Account Experiment
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3325		 Page 15 of 20
Author:  jlcgarcia [ Tue May 03, 2016 6:48 am ]
Post subject:  José Luis Live Account Experiment
paulgraf » Tue May 03, 2016 6:01 am wrote:Hi Jose,

I've been running EL Caloret Baseline v5 on a Demo account and I think the performance of this EA is outstanding! I'm very impressed by the number of profitable trades it makes. If I could suggest only one change, it would be to minimize the number of trades that close out for a loss. Perhaps they could remain open, and instead let the Trader decide whether to close them or not. If you would consider this, that would be great. Thank you for another excellent EA.

Paul

Hi Paul,

I have introduced some modifications (and also solved some bugs)in this new version to compensate ever the losing positions with the winners, and always exit them with profit.

But I have taken into consideration your proposal that the Trader decide whether to close the losing positions or not. For that (apart from some modifications in the EA), I have introduced a new parameter (by default true):

Code: Select all

input  string     _19____________________________ = "<<< Balance Equity Gap >>>";
input  bool     AvoidBEG                          = true;
If you modify this parameter to false, the EA will not compensate the losing positions and it will be the Trader who decide which losing positions he/she wants to close. I do not recommend it with pairs of high volatility (I am trading GBPJPY) at the moment. Also as I have told you the EA will try to compensate the max losing trade with the winners avoiding the Balance Equity Gap.

Experiment with this parameter and this new EA, and I am grateful if you can tell us about your results.

Another characteristic of this new version is that if AvoidBEG is true and there are buyers and sellers, the EA will try to close all the basket of trades jointly (lossers and winners) with a minimum profit, and begin again.

Regards


José Luis
Author:  jlcgarcia [ Tue May 03, 2016 8:54 am ]
Post subject:  José Luis Live Account Experiment
Hi,

let's conduct another experiment:

Open a minimum of 5 charts with different pairs: for example EURUSD,GBPUSD,USDJPY,AUDUSD,USDCAD and GBPJPY. Attach the EA to each pair and let`s see the results.

The main characteristic of this new EA is that it is cooperative and will try to build a pool of profitable trades that will be used to compensate the losses of the pairs that have hedged trades. I think it is best to take a look for yourself.

Also in this new version, the step depends on the ATR.

Take into account that this EA is is purely experimental. The next will be the multipair EA.

Regards

José Luis
Author:  jlcgarcia [ Tue May 03, 2016 9:21 am ]
Post subject:  José Luis Live Account Experiment
jlcgarcia » Tue May 03, 2016 10:54 am wrote:Hi,

let's conduct another experiment:

Open a minimum of 5 charts with different pairs: for example EURUSD,GBPUSD,USDJPY,AUDUSD,USDCAD and GBPJPY. Attach the EA to each pair and let`s see the results.

The main characteristic of this new EA is that it is cooperative and will try to build a pool of profitable trades that will be used to compensate the losses of the pairs that have hedged trades. I think it is best to take a look for yourself.

Also in this new version, the step depends on the ATR.

Take into account that this EA is is purely experimental. The next will be the multipair EA.

Regards

José Luis

Hi again,

solved some minor bugs in this new version.

Regards


José Luis
Author:  paulgraf [ Tue May 03, 2016 6:34 pm ]
Post subject:  José Luis Live Account Experiment
Hi Jose,

This is great news! I'm looking forward to seeing how the EA performs. I'm sure it will be excellent. Thank you for making these modifications, and I will report on the testing results.

Regards,
Paul
Author:  dollarmine [ Mon May 09, 2016 8:05 pm ]
Post subject:  José Luis Live Account Experiment
Hi Jose,

This EA is really cool, I notice the DD remains very low as it continue opening and closing trades at profits. I just like it and will keep updating results.

regards,
johnpeter
Author:  jlcgarcia [ Mon May 09, 2016 8:43 pm ]
Post subject:  José Luis Live Account Experiment
dollarmine » Mon May 09, 2016 10:05 pm wrote:Hi Jose,

This EA is really cool, I notice the DD remains very low as it continue opening and closing trades at profits. I just like it and will keep updating results.

regards,
johnpeter

Hi johnpeter,

Many thanks for your feedback. Your email has convinced me to continue with the development of the EA.

I am trading live the version I am posting here with the following pairs:EURUSD,USDCAD,USDJPY,AUDUSD,USDCAD,GBPJPY.

In this new version, the EA identifies which is the trade with the maximum loss, and cooperates between the other pairs to close this trade first at a profit.

To avoid the excessive opening of positions, the EA does not close the first trade in profit but the following ones in profit, unless its cooperation is neccesary for compensating the maximum loss trade.

This mechanism was first developed for the CF-TOR EAs internally for each pair, and I have only adapted it for the cooperation between pairs.

As you can suppose the objective is to earn multiple little amounts of profit, and maintain at the same time the DD to a minimum.

As I have told you my live experiment will be a success if the EA can trade the six pairs together with 0.01 lots for every 1.000 euros and a DD under 20%.

Let's see.

Regards


José Luis
Author:  dollarmine [ Tue May 10, 2016 10:44 am ]
Post subject:  José Luis Live Account Experiment
Hi Jose,

This is a brilliant idea and I believe it's gonna work big for us. I want to be part of the success story and so I will keep testing with the same pairs as well. I would love to see how the EA handles extreme conditions like during major news. Have you also considered how the same would work in the event of a prolonged price trending?

Lets keep testing.

regards,
Johnpeter
Author:  bazze [ Tue May 10, 2016 3:14 pm ]
Post subject:  José Luis Live Account Experiment
The test is also on here, thanks JL :) ...
Author:  staedtler [ Wed May 11, 2016 6:11 am ]
Post subject:  José Luis Live Account Experiment
jlcgarcia » Thu Apr 28, 2016 6:56 am wrote:H again,

I have three accounts running live the MangoCooler EA. This is the result for the second live account for tonight. I will not post the third, which has an amount invested 10 times this one. Although the windows shows the version 1, actually it is running version 2.

Regards


Jose Luis

This is absolutely another amazing piece of art work you have brought to life. It's doing very well since you matched up your coding skills with HGI.

Question:

Does it close trades on it's own or do we have to close manually ?


Keep up the amazing work !

Josh
Author:  jlcgarcia [ Wed May 11, 2016 7:42 am ]
Post subject:  José Luis Live Account Experiment
staedtler » Wed May 11, 2016 8:11 am wrote:
This is absolutely another amazing piece of art work you have brought to life. It's doing very well since you matched up your coding skills with HGI.

Question:

Does it close trades on it's own or do we have to close manually ?

Keep up the amazing work !

Josh

Hi Josh,

I am posting now the version v3.

In this new version I have rewritten the exits completely with the purpose of avoiding the leaky toilets or the gap between equity and balance that happens when there are orphaned trades produced by the grid trading EA.

Take a look at this and tell me if it solves the problem of the exits.

I have not checked this version live. Take care. I will use it with the pairs GBPUSD,AUDUSD,USDCAD,EURUSD,USDJPY and GBPJPY.

Regards


José Luis
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