@tradecode, Thank you for offering help! Wondering what indicators you use?
good morning s_kushwah,
my work is entirely custom and is written in a combination of mql and C language.
the inspiration for my work comes from reading physics test preps.
Good Morning @tradecode,
Thank you for sharing this clip. In the beginning of my Algo days I was working on finding the velocity of 10 days candles to know if it will continue up/down flow. But didn’t pursue the idea. I’ll try to explore on that now.
the truth is that i really didnt tell you anything… i just said that physics is where you want to look… and then again, that is just my opinion.
from my perspective, physics is simply the science of motion or of things that move.
for me to say that “physics” was my inspiration for my current work is a bit like me suggesting that if you want to build a time machine that you should consider studying physics.
fyi, i never discuss my personal strategy or my research directly.
i will tell you that a really simplified way to study physics is to find a good library, maybe at a university, and find their section that has a bunch of “test prep” books… well, find the physics test prep books and then set aside about a half dozen years and start reading… like i did.
if you havent already done it, study the various types of arbitrage systems that are fairly well documented online, but be aware that you will almost never find any of those types of arbitrage that are playable in this 4x.
my best wishes to you.
video: donald duck - mathmagic land
2021 - Week#47
What a dip! I had few big losses this week which brought my account back to the 17% loss range. Algo took a trade of 1500 units in the London session on Thursday and hit TP (Orange Line) multiple times on Thursday but it never got triggered. I guess everyone was enjoying the Thanksgiving holiday. The same trade turned out to be a big loss on Friday morning.
2021 - Week#49
Ohh boy! First big loss (~3%) in a single trade. For a small account this is HUGE. So what happened? Why this big loss?
This happened because I was experimenting with stop loss. The experiment was to put stop loss after 13 candles of a trade. In my past trades it was discovered that stop hit either immediately or after a few candles of trade and then price bounced back. So I thought of delaying the stop. Along with this 3% loss there were two 1% losses as well which brought my account to 20% loss range. Well, I’m happy that I’m still in the game Let’s see how it goes from here…
Algo Fx trading is a very interesting thing as it seems to me, however there are no bots which will generate you money easily. All the bots have their own difficulties and issues which creators have to fix. Actually, the market is a very complicated thing and it’s pretty difficult to setup particular algorythm and then earning money due to it. However, there are some profitable bots, no doubts. I believe that it’s better to trade on your own because you are liable for the risks and you won’t shame yourself for losing money, while you will shame yourself for trusting your money to some bots.
2021 - Week#52
Happy new year!!! May 2022 brings success in your Fx trading
Well this week ended in losses. So at the end of the year I’m at 19% loss. Will see what 2022 will bring for us
2022 - Week#1
What a start of the year! Losses and losses
Had a few big losses and here I’m in the range of 20% loss. What will this year bring? Time will tell
Great, I am waiting for your updates how you strtegy and system work?
2022 - Week#2
So, in the second week of the year I have replenished my account. Round it back to $1000. Now Algo is only going to trade my star performer GBP_CAD. Sometimes there may be no trade in a week and sometimes 4-6 trades. This is based on the back test and its performance since June of last year. There will be a streak of winning trades and suddenly a break with big loss/es but manageable as I’m not risking too much. Will see how my emotions play out once “manageable” loss happen Time will tell .
So, this week there was no trade.
2022 - Week#4
No trade this week. I guess I’m so used to seeing around 15-20 trades a week that it feels hollow without any trade. Will see how long I can control my emotions
2022 - Week#5
4 trades this week. 2 wins and 2 losses. Losses were way more than wins as I expected. However, I’m positive that I’ll recover.
I’m taking off. My Algos will still run but won’t update here for a few weeks.
Happy trading you all!!!
2022 - Week#11
Back after a good vacation! I’m in a big loss, couple of trades just turned my account in a deep hole. I’m at 30% loss range. Will start posting from next week.
2022 - Week#12
2 winners this week which brought my losses in the range of 28%. This seems to be a long journey