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| Author: | billv [ Wed May 02, 2018 10:38 am ] |
| Post subject: | Awesome + SS version |
The way I understand it, if we set our TP to 1% it stays at 1% Our lot size and our TP in £ will increase following the growth of our equity but the TP % will not change. |
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| Author: | forexsiuk [ Wed May 02, 2018 11:07 am ] |
| Post subject: | Awesome + SS version |
I agree completely Billy, and I probably didn't phase it very well. What I am trying to say is that while A+SS is not changing %profit or amount per trade size initially, the actual amount £ it is looking to close out raises dramatically as the balance/equity raises. In the example I posted previously the raise in lot size would not be until account equity/balance reached £2000 |
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| Author: | chrisdk2018 [ Wed May 02, 2018 11:10 am ] |
| Post subject: | Awesome + SS version |
You could run two versions: one with 10 gbp close and one with 1% close and then see if there is an increase in drawdown or balance etc. |
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| Author: | billv [ Wed May 02, 2018 11:11 am ] |
| Post subject: | Awesome + SS version |
Hi Kev 21 Pairs should be enough, I have actually picked 23 pairs and I have started trading them in groups. I did this because I wanted different "fill the Gap" distance in the pairs which have large daily range. Group 1 has 13 pairs which have an ADR of approx 80 pips or less AUDCAD,AUDCHF,AUDJPY,AUDUSD,CADCHF,CADJPY,CHFJPY,EURGBP,EURUSD,NZDUSD,NZDJPY,USDJPY, NZDCHF Group 2 has 5 Pairs which have an ADR of approx 100 pips EURJPY,GBPCHF,GBPUSD,EURCAD,EURAUD Group 3 has 5 Pairs which have an ADR of greater than 120 pips GBPJPY,EURNZD,GBPAUD,GBPCAD,GBPNZD In this account I only let the EA trade in the +ve swap direction and I do this because some trades may take months to recover so I will collect some interest while I wait . Now regarding your 24/5 question, I prefer to let trades run their course My -ve trades will be closed by the basket Or they will be recovered. Since you use a very large Gap distance you shouldn't have too many trades run against you So recovery shouldn't be very difficult. It might take some time but they will recover. What do you do while you wait for the -ve trades to recover? Do you have other ways to take profit? Or is basket closure your only TP method? Cheers |
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| Author: | c1borg [ Wed May 02, 2018 11:38 am ] |
| Post subject: | Awesome + SS version |
Totally agree the trade/dollop is a key setting especially up to $2000 there must be a sweet spot we need to find. Although it's coping atm I forsee trouble as you described. |
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| Author: | c1borg [ Wed May 02, 2018 11:50 am ] |
| Post subject: | Awesome + SS version |
Only basket atm but using Renes tools I may need some recovery as a safety net I intend to explain this later and post my V3 and V4 set files to encourage development and promote discussions of how to improve the EA. However EA is still still 100% winner as of this morning and I have managed to sort out the scaling up issue I had, exciting times ahead. |
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| Author: | billv [ Wed May 02, 2018 11:52 am ] |
| Post subject: | Awesome + SS version |
I see what you mean, I have actually chosen size 0.01 per $3000 of equity. So my equity will increase but my trade size might not increase for a while. In this case then TP in pips is better but at the moment the basket closure doesn't have this option. |
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| Author: | forexsiuk [ Wed May 02, 2018 12:31 pm ] |
| Post subject: | Awesome + SS version |
I can't quite get my head around how a basket TP in pips would work bearing in mind the differing pip values across 20 or so pairs. I will try chrisdk2018 suggestion of running the £TP and %TP side by side and note the results. The problem may be getting 2x A+SS running exactly the same trades. |
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| Author: | c1borg [ Wed May 02, 2018 4:25 pm ] |
| Post subject: | Awesome + SS version |
Ok as promised attached are my setfiles hopefully this will generate some activity :hi: V3 which is a slightly modified version of my original V1 shown on this thread, it only has corrections to the % per day settings which now seem to work at 1% and alter as the equity/balance increase. I have 2 instances running one is approx £900 and one approx $9000 and both make 1% per day so the dollop/balance is adjusting correctly but may need tweaking. I have this on my live account. V4 is a modified setfile with the following changed settings Code: Select all
Nev Also thanks to Steve and the gang for making this possible |
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| Author: | c1borg [ Wed May 02, 2018 5:18 pm ] |
| Post subject: | Awesome + SS version |
So here's the problem or not maybe, if you have balls of steel Thanks Rene for the Indy On April 6th a 26% drop of the equity and then awesome recovery! So do we need some sort of recovery system to kick in or not? If so what? |
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