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i ve changed the ma period to 20 and the min day range to 1 day, but there was nothing different with the result than the original 200 and 50 days, why?
I change the MA period to 20 so the EA can participate on the counter trend trades of the main trend. This period is just a test a this point. By all means try a different setting. I am looking for a system that will win 50% of the time over the long haul with hopefully no more than 10 consecutive losses for each pair before returning to the starting point in the mm sequence.
Last edited by lcfxtrader; 08-14-2008 at 12:38 AM.
Looking foward to your improvements. Can you please comment on why you have a problem with multiple charts? Does it slow down the performance of the EA? I guess it would comsume more computer resources. So what do you think about the logic of the system? If it can return 50% wins over time without to much chop in range markets it may have a good chance of success. This is a basic trend following system with a spin on mm.
It's mainly a convenience thing - it's fine if you are willing to devote a whole platform to one strategy/EA, or are happy scrolling back and forth, looking for a particular chart. I have just 2 MT installations which already have multiple EA's forward-testing, so don't have 'room' for something like this...
As for the strategy, I like its simplicity. I just hope there is an edge, or one can be found, so that the 1:1 r/r and brokers spread doesn't kill its chances!
I think the MM is what is going to give it an edge. It will take losses in a ranging market, but the increasing lot sizes will likely win it all back when the market starts trending again. Just have to be careful that the market doesn't go into a prolonged period of ranging, that would kill your account.
This is the classic D'Alembert system.
Nice to finally see one!
We see plenty of Martingales, D'Alembert is much less risky.
The classic D'Alembert adds 1 after a loss, subtracts 1 after a win until we return to 1 unit.
However, completion of the series is not necessary to make a proft; the sequence can always be terminated early when there would be a net gain on the account balance. This nets you a smaller profit than if the sequence were allowed to run through its natural progression, but it also helps to prevent the sequence from getting out of hand.
This is the classic D'Alembert system.
Nice to finally see one!
We see plenty of Martingales, D'Alembert is much less risky.
The classic D'Alembert adds 1 after a loss, subtracts 1 after a win until we return to 1 unit.
However, completion of the series is not necessary to make a proft; the sequence can always be terminated early when there would be a net gain on the account balance. This nets you a smaller profit than if the sequence were allowed to run through its natural progression, but it also helps to prevent the sequence from getting out of hand.
Yes, d'Alembert won't cause as many heart-attacks, but my backtesting with various EA's would seem to indicate that if there isn't an 'edge' to begin with, d'Alembert will also kill your account, albeit in a slower fashion.
I think the 'modified' d'Alembert you allude to might more accurately be known as 'Oscars Grind' - probably the most conservative MM there is, which terminates the progression once the account shows a profit, and would also lend itself to the 1:1 R/R in use here.
I´m testing the new SDS_Umm expert and i think i found a bug.
As far as i remember the ea should open only one trade per pair,
but as you can see in the attached statement it opened a trade
for NZDUSD in 14.08.2008 and another one in 15.08.2008.
Now there´s two NZDUSD orders opened at the same time.
Hi Omelette,
If I change the TP and SL values whilst the EA is in operation, after that order has closed will it reset the lot size routine or continue as per normal?
eg 0.1 loss
0.2 loss then I change TP or SL will the next order still be 0.3 or back to 0.1
Reason I ask, I have had a lot more success in backtesting this with setting the TP and SL every week to 80% of the ADR value for the particular pair in question
Linear Mode
