Hello,
I have developed a EA System that makes good profit in sideway market.
If the market move to a trend the risk become bigger to loose, but I think it is also a good result, the risk reward Ratio is good.
I want to ask you what do you think from such a strategie and also I am interrestet if somebody has a account with minimum 1000 Euro and if he want to trade with me this strategie and then make half half the win.
Regards
Timi
tell us more about how it trades, i would be interested in trying it out
The opening of the Orders is a little bit randrom and a little bit technik analyse.
Every Order has a big stoploss because this is a sideway market strategy, the big stoploss has also a bigger risiko when a trend occurs, but i dont can change this, that is trading.
when a order is in profit they would be closed and that is how this strategy run.
On some days the strategy makes much win and on some days much loose when a trend comes, but if you think a trend comes you can also trie to managed it like in every strategy the people do with they orders. In trend directin must just be more lots as in the other direction, if you think you know where the trend goes you can trie to manage.
In my example backtest from last week it was a good market for this strategy and it could run full automatic, but if i see that the risk grow up i would trade manuell some time. I think it is possible to doppel the account every week with the strategy, because my backtest have show me much good trading days.
If someone wants trieing to trade this with me life I am interrestet. We need for it a account with 1000 Euro or Dollar.
So you want someone to pay the money and you get half?
rofl
I have think if somebody has a account with minimum 1000 Euro or Dollar, then we can trie together to trade this strategy in live market.
my finance are not so good at moment and you know all that trading is risk.
but my backtest has show me good result and I think when we trade it life we can maybe learn together how to manage it at best and in the end when we have make some money we can think about how to do in future maybe i get then half of the win and take it to trade and my partner also has make win and get the EA system from me and knows how to use it.
when you look at the backtest results they are not bad and because of that a livetest is maybe good, but tradeing money is always playmoney, you must have a little bit of it, there is no garantee not to loose.
My backtest has show me over 30.000 Pips last week with this strategy, in live trading i would say every week trieing to make 20.000 Pips and doppel the account of this way.
On weekend i would trie to make a new backtest from this week, but the monday was not so good like i have see in chart it was a trendday, it is better when at the beginning of the week a sideway market is and then in the week a little trend is not so difficult. but there is the possibility to manage all the time a little bit manuell the trades and not just let the EA play.
I have a bridge in Brooklyn I want to sell.
piptradertim-
i am very interested in doing this with you. since you have proven that this system is extremely profitable, i am so excited in making lots of money fast! please let me know at your soonest convenience how we can arrange the payment. let me know if a check or wire transfer would work best.
parlez-vous francais? je parle un peu…
I will make a backtest again for EURUSD from this week on weekend, i think it was not a good week, because it was trending.
last week was not so trending and trend is not good for this strategy, but maybe I can find some setting that work in both weeks.
And hey if somebody want to trie trading this live with me that would be super, we just need a live trading account I don�t need or want any transfer of money to me, just a live trading account that we can use is needed, but like I say I must look how this week would be managed because of the trend if the results are good it would be fine we can see later i inform you then.
hi, thanks, i will make the backtest for this week and then we can look how they are, like i have say at the beginn in a trend market it is more risk. if I find good settings for both week that would be fine and we can look then if we can make trading together.
Hello,
I have make new backtests from this week EURUSD 5 min Chart with my strategy, and like i have think it was not good to trade for this strategy in trend market, last week we have make over 30.00 Pips in sideway market, a 10.000 Account with 0.1 lot trading to 30.000, and this week we would lost a Account with 10.000, but we have also win last week two accounts, now this week we loose one, and we can look next week how the results will be, maybe we loose again or win again somethink like 30.000 Pips.
And like i have say the risk is bigger when a trend occur like this week happen.
if somebody is almost interested we can trade it live, the risk reward ratio is 3:1 for us at moment, and normaly that is good. If we trade live together we would use a 1000 Dollar or Euro Account and after a week is end we take the win and let again just 1000 Euro on the account so we can not loose more then this 1000.
Do forward tests instead on demo accounts. Then the results would be worthwhile…
Do you mean with forward test, live trade on demo account, or live trade on live account, if you mean the second that is exacz what i want to do and why i seach here a sponsor investor.
But if you mean live test on demo account, I think the results will not be much different, and on demo accounts the brokers also send other tickdatas as for live accounts, so there is not much different.
This strategy is also not so exact that we need 2-3 pip prezis price, it can be a little bit different, the only think what must work is that the broker open and close the orders when we need it and that is where problems in live market can be, other thinks will be same, in the strategytester the orders are open and closed better then in live market and the Tickdata is a little bit different.
But I think the results will not be much different, I had a friend some weeks ago he had make some forward test in demoaccount wit another strategy and say wow what a good strategy becae he have catch a good market time, but I have also get the same results with not much difference in backtester but I have also test more days and see it is not good enough his strategy and after some week he have also see what my backtester has show me before.
I am programmer I know how the indicators are calculatet and how the livechart and the backtesterchart works, it is the same way, just the tickdata and some playings from the brokers when they dont open and close fast enough orders are problems, but this is not a scalping strategy we have some time to close and open the orders and it will not make much difference I think.
Sometime livetrading is also better then backtesting results because more Tickdata are availble.