Review my newest EUR/USD system

ELab

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Let me present some part of my current trading system (it's not comple).

From 1999 till 2010 years system made 36283 trades,
Win/Loss ratio: 3,48
Win probability: 38%

Full report: http://www.forexwavetrader.com/tmp/report.rar

It'll available as GrayBox soon.

Regards,
Eugene.

report.jpg
 
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You can download installation file from:
http://www.forexwavetrader.com/tmp/qtcTraderMT4.exe
Open the PNG file enclosed for get some info about system's parameters, please.
Read more about Wave Trailing -
http://www.trendmedium.com/download/SurfingYourPositionsWithWaveStops.pdf
I like notice: you can increase your LotLimit up 10000. In this case
you will see max system profit and max trade's amount. Do not forget
define relates income capital ($10 000 000 at least).
This is capital adjustable system and when you will start trading all
you need set reasonable LotLimit size.

Regards,
Eugene.
 

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does your system implement stop losses?

how many trades do you currently have open?
 
Isn't 551 consecutive losses a bit , well, k'in likely to test even the faith n stayin power of Jesus ?

But I don't know what system ela traders think of these numbers.... ?
 
does your system implement stop losses?

how many trades do you currently have open?

Sure, it have stop losses. Check out parameter LossPerLot. Set small value and system will loss ;) But this is not relates with one trade loss. System is not classic Trade by Trade model and run pool independence trades. And each trade work with capital. As result you have some pseudo trades. Any way you can see stat for these trades (for big capital and for your capital).

Regards,
Eugene.
 
Isn't 551 consecutive losses a bit , well, k'in likely to test even the faith n stayin power of Jesus ?

But I don't know what system ela traders think of these numbers.... ?

You missed income capital value and loss value during these 551 trades also.
Let me notice you that system have 10 000 000 income capital and during 551 trades lost 813 000. This is less 10% from capital.
And let me notice you that basic system's attributes are AVERAGE WIN / AVERAGE LOSS ratio and AVERAGE WIN PROBABILITY. Another attributes are additional desc. only.

Regards,
Eugene.
 
You missed income capital value and loss value during these 551 trades also.
Let me notice you that system have 10 000 000 income capital and during 551 trades lost 813 000. This is less 10% from capital.
And let me notice you that basic system's attributes are AVERAGE WIN / AVERAGE LOSS ratio and AVERAGE WIN PROBABILITY. Another attributes are additional desc. only.

Regards,
Eugene.

It looks like a great start!

It looks like you're trading each tick. Those ticks aren't market data, it's an algo created by metatrader as I understand it. So essentially, you've tested this in a sandbox. I could be wrong on that.

Either way, the ticks are created to replicate the real market so it may be a winning system.

If you could trade this based on open prices and get the drawdown to 30% or less, it would be something I'd look at working with.

Nice work though!
 
It looks like a great start!

It looks like you're trading each tick. Those ticks aren't market data, it's an algo created by metatrader as I understand it. So essentially, you've tested this in a sandbox. I could be wrong on that.

Either way, the ticks are created to replicate the real market so it may be a winning system.

If you could trade this based on open prices and get the drawdown to 30% or less, it would be something I'd look at working with.

Nice work though!

Thank you for good words about my development.
System already tested in "Open Prices" mode (Review the report's screenshot).
I have enclosed small capital report for you and marked zones for your attention.
About DD. Let me notice that only initial DD is major because system is not classic and do not invest all capital one time. Review the screenshot and report enclosed, please.
If you have interested - email me please: [email protected]

Regards,
Eugene.
 

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  • eur usd small initial capital model.png
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  • eurusd small income capital.zip
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Cant knock it. Block box trading is not the answer because humans are better then machines.
 
Cant knock it. Block box trading is not the answer because humans are better then machines.

I hear this a lot but I bet the greatest automated trader can beat the greatest intuitive trader overall. Only if the automated trader is allowed to use as many systems as he wants.
 
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