Tnx for sharing and inspiration! I had wiped out 5 accounts with similar experiments/challenges. Had better results when used protective SL on break-even when reached 20-30% of the target but my target was 30-40 pips. I didn't give it up but I made ...

$409k Challenge

Here are stats for 3 years backtest: image As you see n>7 happened only once per 3 years. When going with 10 USD you need 166 attempts to get n=10. Recovery factor ~5. For n=6 etc it is not needed so much money as in Excel I just made some quick ...

CHEETAH Trading (100%+ per trade or up to 500% or more)

Its EA. Backtested 3 years on real ticks before launched on live account. As i remember were 3 times n=8. Will check tomorrow when at laptop.

CHEETAH Trading (100%+ per trade or up to 500% or more)

Look at my live TE for USDJPY trading SL50 and TP50 on H4. Starting from February 3 till March 3 it hit n=9 in a row. Can we analyze those signals in group trade? image I lowered my account from 100 USD to 25 USD per try but it seems 10 USD for a ...

CHEETAH Trading (100%+ per trade or up to 500% or more)

you can add a pool to this thread so voting would be possible. I had 2 accounts (one for currencies and one for indexes and wti) but it seems I split my attention and currencies account traded with not so good focus, therefore, wiped out twice it. ...

CHEETAH Trading (100%+ per trade or up to 500% or more)

Hope ForestX that was not last money for you to trade.. i had wiped out my live cheetah account 2x so far. Remember to split yor capital to be comfortable to loose all account. Consider using an cent account if have lets say only 100 usd. Then split ...

CHEETAH Trading (100%+ per trade or up to 500% or more)

Now Candles trend synthetic asset went out of drawdown: image And here profits/looses distribution by 13 EAs setups: image You see there are 1 massive winner with 19% which covers 2 most losers with -9% each. Then there are 2 strong winners with ...

Expert Advisors optimization & backtesting

If you use an indicator or bunch of them then you MUST use an EA. Without EA using indicators is so wrong... If you are going to use any indicator and base decisions solely on indicator then you MUST backtest that indicator for at least 10 years ...

To be successful... cut out the noise

Great news! Tnx for motivation! Today went into short for DJI and for DAX (small diversification - seems Europe will be first hit by panic). Hope will survive retrace and even if loose 100 USD will go for another short. "Sell the rumor buy the ...

CHEETAH Trading (100%+ per trade or up to 500% or more)

Profit 959 USD with max drawdown 67 USD in 20 years and 3600 deals - perfect USDJPY EA setup with strategy "Bollinger spike". Find 10 such setups, and will have an excellent synthetic asset. Which will perform by itself about 50% yearly (add ...

Expert Advisors optimization & backtesting

Read my previous posts here in this thread - explained various methods. But I prefer an EA stats method... (but still experimenting with manual cheetah too). I already have made an "synthetic asset" in RoboForex as FXCopy on account A. And made ...

CHEETAH Trading (100%+ per trade or up to 500% or more)

See this profile TE: url He has +500% (versus mine -200%) because he take smaller profits. I had so many 50% - 70% deals but as I wait for 100% then lost all of them. So just thinking what works better... maybe better take 50% deals? And yes I use ...

CHEETAH Trading (100%+ per trade or up to 500% or more)

Additional protection on VPS power off - set up autologin and autostart all MTs instances on admin login. So when server will restart - MTs will auto-reopen and EAs will continue running. Was not easy so write here at least for myself to not to ...

Expert Advisors optimization & backtesting

EAs are based on statistic. Statistic data fluctuates in longterm. Lets say on 4000 trades in 10 years profitable deals 60% and loosing 40%. There will be periods (months or even years) when those % will be +/- 5%. Even 1% fluctuation for win rate ...

Only Scalping strategies (Team work)

Uploaded new EA version to post Nr. 1 Implemented protection from server power off - you can set how many pips to add for TP and for SL with parameters add_TP_pips and add_SL_pips. So with tp_money and sl_money you set TP and SL (in money, not ...

Expert Advisors optimization & backtesting

Here is Excel where play around with random sequences and you will see that the idea "after 1 loose profitable deal probability increases" is false and here is article regarding that. file Conclusion: it's not a good idea to implement in EA ...

Expert Advisors optimization & backtesting

I'm on track. I just went in silent mode. Some overall stats here at this moment with real money: Started with 100 USD, all lost Again with 100 USD, made 200 USD then all lost Again with 100 USD, made 200 USD then 100 lost. Now with 100 USD waiting ...

CHEETAH Trading (100%+ per trade or up to 500% or more)

Here one idea how we can proceed with collaboration: 1) You post here synthetic asset (consists of at least 10 various symbols/EAs setups/strategies using EA from post Nr.1) - will clarify conditions for expected synthetic asset later on - we can ...

Expert Advisors optimization & backtesting

You are right. I don't believe in any single EA I have made and backtested. Therefore I run about 5 to 20 various combinations of EAs on 1 account, have splited capital versus n accounts. And so on. I backtest compensation of n EAs so total drawdown ...

Why do traders use so many indicators?

Using RSI (period 20) for USDCAD. Timeframe H6 (possible on MT5 only). At 7 AM (my broker time) check the previous 2 candles [1] and [2] ([0] is the current candle). BUY SETUP: if RSI[1] value is higher than 64 and RSI[1] is higher than RSI[2] then ...

Why do traders use so many indicators?