Quote:
Originally Posted by shmilya999
yes,that exactly what i mean.
we know that market in 70% time is in balance and 30% time in trend. As pipmaker is a anti-trend system,when market in trend condition,pipmaker will open more trades and brings in high risk and drawdown.But if market in balance,pipmaker can make a stabile profit with less open orders and low risk.So when in balance,we sure set profitskew to a high value,and when in trend,set it low to 0,even to a minus value.we can't expect a anti-trend system win in a trend condition.
By the way,pipmaker can be a survival in a normal trend condition,but will lose in a big reverse trend or big break up.
I make a statistic the trades from 20080107 to 20080530:
1, if profitskew set to 1,the amount of total trade is 905. The amount of open orders in one cycle trade more than 5 orders is 7 times,and the maximum amount of open order is 9.
2, if profitskew set to 10,the amount of total trade is 507. The amount of open orders in one cycle trade more than 5 is 17 times,and the maximum amount of open order is 12.
3, in most times the market is in balance or in normal trend condition,pipmaker can bring in stabile profit with low risk.
So i use the the amount of open orders to define risk and the market condition.The more order pipmaker open,the higher risk,and the market is in trend,then we should lower the profitskew,even set it to minus value.Go out the lose as quick.
I expect the final result:the profit a little lower than profitskew=10,the lose or DD a little higher the profitskew=1.
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Is not strict countertrend EA, can work both modes.
Best thing is to find a way to tell when to trade on trend and when to trade on countertrend. This is main issue now, take profit level is second one, but only problem is we can't get maximum possible profit, while trend-countertrend modes will solve problem of loses or even account crashes.
So, anyone have any idea how to tell when to switch trend - coutertrend modes?
06-07-2008, 01:39 PM
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