The HolyGrail, want to help make it?

 
 

I agree that a grail is possible. By saying this I mean that one person's grail may not be that of another's.

If saying the grail is achieving the "highest possible profit point", I think that one would have to have a system trading every currency pair possible, achieving the maximum profit opportunities 100% of the time. This may be unrealistic.

Mathematically I think a "grail" is possible. Each trader's grail would fit their own individual trading criteria. Every trader has their own limitations as to sustainable draw downs, initial equity, and amount of risk. This is why I say one person's grail may not be that of another's.

Martingale systems will eventually prosper, but if a trader does not have enough equity to sustain the draw downs, then this type of system is not their holy grail.

In my opinion, a grail would have to keep draw down to a minimum, and not take repeated stop losses. Stop losses kill many EA's and the accounts they are managing. Figure out a way to manage a losing position without taking a SL and killing your equity. If this can be figured out, many people's "grails" will be much closer to reality.

 

Guys i want to clarify something here. and read my words very carefully, pls.

The purpose of this tread is not to seek the holygrail, this thread is anti holygrail seekage. Because, how can you seek something if u already know what it is and where it is at?

like i said in my first post the holy grail can be mathematicly proven, and there is just one.

this thread is not here to find a holy grail and make alot of money.

no, that is not the intended purpose of this thread.

The purpose of this thread is to make the real holy grail. I believe that there is more reward in the actual creation of the real holy grail than any of its potential profits.

I wanted to make that point very clear here, I want everyone to understand what this thread is about.

I dont mean to be pretentious with all of this ok guys. so i will continue to develope the thread, it is here for everybody.

i will soon post an intresting idea that will serve as the foundation for the EA.

 

Hey wolfe hows it going.

When I mentioned the "highest possible profit point" i meant it in this way: Only trading one pair, the "highest possible profit point" is meant in pips. What is the highest number of pips a system can squeeze out of a single pair?

and i was making an observation that martingale systems squeeze out the highest amount of pips from only one pair. compared to any other system.

but i hear ya, on what your talking about. I would like this thread to be used to brainstorm and explore creative solutions to the problems that plague martingale systems. i have some ideas i been working on and i will post them here in the near future. right now im a little tired. i want to do a good job at explaining them so they can be understood by everyone.

 

hi

elitecamper:
Guys i want to clarify something here. and read my words very carefully, pls.

The purpose of this tread is not to seek the holygrail, this thread is anti holygrail seekage. Because, how can you seek something if u already know what it is and where it is at?

like i said in my first post the holy grail can be mathematicly proven, and there is just one.

this thread is not here to find a holy grail and make alot of money.

no, that is not the intended purpose of this thread.

The purpose of this thread is to make the real holy grail. I believe that there is more reward in the actual creation of the real holy grail than any of its potential profits.

I wanted to make that point very clear here, I want everyone to understand what this thread is about.

I dont mean to be pretentious with all of this ok guys. so i will continue to develope the thread, it is here for everybody.

i will soon post an intresting idea that will serve as the foundation for the EA.

good thread, I'm prefer to find scientific holygrail ...I'm sure we can make it ..I think we should begin from the basic of technical analysis ...perhaps the very old textbooks can help us ....just my 2 cent

===================

Forex Indicators Collection

 

I agree that the Holy Grail is mathematically possible but I am not so sure the answer is in technical analysis, at least not in the sense we use indicators today.

Linear indicators in a non-linear market don't seem to be the answer. Maybe some sort of AI that is trend following but uses hedges to manage DD ?

One thing I am certain of, though: Due to human nature, we will never stop looking for the solution.

 
orion7:
Maybe some sort of AI that is trend following but uses hedges to manage DD ?

Definitely on to something there.

 

orion and wolfy im working in those areas too! definitely something great with AI, money management, and hedging that will really give the martingale good competition. but i think the martingale will make more pips, AI with money management is more consistant for now...

here i have an idea for u guys i think u will like it.

run your AI with money management. and then hedge it by running a reverse AI with money management. Also use tighter stop loses on both. oh and dont forget to optimize every day on previous 5 days data lower time frames and 10 days data on higher time frames. it is AI after all right.

check out electronicsavants AI thread

https://www.mql5.com/en/forum/177695

 
elitecamper:
orion and wolfy im working in those areas too! definitely something great with AI, money management, and hedging that will really give the martingale good competition. but i think the martingale will make more pips, AI with money management is more consistant for now...

here i have an idea for u guys i think u will like it.

run your AI with money management. and then hedge it by running a reverse AI with money management. Also use tighter stop loses on both. oh and dont forget to optimize every day on previous 5 days data lower time frames and 10 days data on higher time frames. it is AI after all right.

check out electronicsavants AI thread

https://www.mql5.com/en/forum/177695

I didn't mean to imply that such an AI existed yet. My point was that traditional linear indicators will not be consistent in a non-linear market and, therefore, we maybe should look towards some form of AI that will adapt to market conditions. I believe Jacko is quite correct in his trend following strategy but an AI would hopefully mitigate DD with hedges during counter-trends.

As for martingales, I have never been a big fan. I could be wrong, of course ( I often am).

 
orion7:
I didn't mean to imply that such an AI existed yet. My point was that traditional linear indicators will not be consistent in a non-linear market and, therefore, we maybe should look towards some form of AI that will adapt to market conditions. I believe Jacko is quite correct in his trend following strategy but an AI would hopefully mitigate DD with hedges during counter-trends. As for martingales, I have never been a big fan. I could be wrong, of course ( I often am).

orion such AI does exist and its here in tsd. its a non-linear artifical intelligence expert based on a 4 layer perceptron of accelerators and the weights can be optimized in a walk forward manner. u can make it evolve, and at that point it would be real artifical inteligence. beause of the nature of the EA and its architecture the entries will be a strong point for the EA. my comments on heding it was to hedge it against a negative image of itself. a second AI Expert in reverse. just keep tight stop loses on both and take the profits on the EA thats on the winning side.

search for artificial intelligence and look for electricsavants thread.

i tried to post the link but the link doesnt work.

im not a fan of martingale either. but it has to be used for the scientific holy grail because it is the system with the highest pip intake.

 
elitecamper:
orion such AI does exist and its here in tsd. its a non-linear artifical intelligence expert based on a 4 layer perceptron of accelerators and the weights can be optimized in a walk forward manner. u can make it evolve, and at that point it would be real artifical inteligence. beause of the nature of the EA and its architecture the entries will be a strong point for the EA. my comments on heding it was to hedge it against a negative image of itself. a second AI Expert in reverse. just keep tight stop loses on both and take the profits on the EA thats on the winning side.

search for artificial intelligence and look for electricsavants thread.

i tried to post the link but the link doesnt work.

im not a fan of martingale either. but it has to be used for the scientific holy grail because it is the system with the highest pip intake.

I stand corrected! Thanks for the info.

As far as ES goes, i have encountered him on different threads and find him to be quite intelligent and even coherent while taking his meds.

Reason: