Here are the statements for the last month of forward testing of Combo Account, GoblinBiPolar CML version of Catman (Thanks a lot for your idea!) and V1+V2 EA, which works like GoblinBiPolar but opens 2 opposit trades at the same time without any signal from indicators. All these EAs use almost tha same settings for EUR/USD regarding Pipstep=20, Tp about 20 pips.
As you can see from the Combo, GBP is really valotile and dangerous for 10p4 mod1e, it must be shut down during important news like NFP,FOMC and Michigan Sentiment Index. However, last fast moves where overcomed with the profit....
I belive that Goblin of Catman with its fixed lot combination is quite stable and reliable, I am going to put it on real account next week. It also should be shut down during important news like NFP,FOMC and Michigan Sentiment Index. Once a time 8th level was reached because I forgot to shut it off during FOMC.
Quote:
Posted by Catman
Now... I calculated the Profit Points and Total Lots for my sequence in a buy or sell cycle (that's for TP=24 and Pips=18) ... For the moment I'm not trying to maximize the Profit Points, I rather try to keep the lots size low and save my a** :-) That's only in theory, I didn't take into account slippage, etc... Also, if you use different TP, Pips values it makes sense to recalculate the Lots sequence and see what values you get for Profit Points ....
Hope it makes a bit of sense ...
Level - Lot Size - Total Lots - Profit Points
1 - 0.1 - 0.1 - 2.4
2 - 0.1 - 0.2 - 4.0
3 - 0.1 - 0.3 - 1.8
4 - 0.2 - 0.5 - 1.2
5 - 0.4 - 0.9 - 1.8
6 - 0.6 - 1.5 - 0
7 - 1.2 - 2.7 - 1.8
8 - 2.0 - 4.7 - 1.2
9 - 3.5 - 8.2 - 0.6
10 - 6.2 - 14.4 - 1.8
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As you can see, for example, at 8th level, the total open lots for that combination will be 4.7 , but if you use x2 multiplier ant start from 0.01 lot like in V1+V2 EA, your total open lots will be 2.55, twice less than 4.7. However, the point is that if let's say level 3 is reached ( the majority of trades reach that or near level) in both EA's and then TP is hit, the profit from CML will be $30 instead of about just $2 (that is 15 times less!) from V1+V2 which start from 0.01. And it is important that leverage of 1:500 is used for more safety....
V1+V2 showed good results, and this week I'll implement Catman's fixed lots into it, so the results should be several times better than starting from 0.01 lot. Remember, that it opens trades in both directions, so I really want to see when it gets into truble while other 10point 3 and similar EA stays alive, so that the filtration of signals on martingale EAs could be proved as effective.
Hope, my post of not exaclty related EAs to this thread can somehow contribute to the development of David's EAs, as they are all based on martingale...
Regards.
Evgeny