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ForexScotty replied Mar 1, 2021I know the feeling. I have been playing with martingales for years also. And there are a few things I have learned which I will keep to myself for now. But one thing I can share is that the Martingale is a gambling algorithm. If you stay in the ...
Gamblers Dream 2.0 EA
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ForexScotty replied Mar 1, 2021Just closed all the trades that were in carry over from the previous version. Back tests show that the grid levels, multiplier level and pairs chosen took far too much draw down than what the new tests have shown. Starting tomorrow, I should have a ...
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 28, 20215 Year Strategy Tester reports to follow... I am not as concerned on single charts difference between starting balance and ending balance. But the time in between losses. The greater the distance, the more money that is pocketed across multiple ...
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 28, 2021Just to make sure my back tests did not come out as a fluke. I ran a 5 year back test on each one that did well on the 1 year back test. 2/28/2016 to Present. image
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 28, 2021image The EA should average about 1-3% gains per day. With a potential 20% Risk, it only need run a few days streak to recover. These figures do not account for any kind of compounding which will be part of live trading. .01 per $5000 of account ...
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 28, 2021Could be. Would not be the first EA that I've designed that failed outside of the backtest realm.
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 27, 2021image So, after spending the last couple days back testing each pair over the same year with the same settings, the spreadsheet above shows how many times a grid closed in max loss. A max loss is defined as placing a limit on how many grid levels ...
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 27, 2021Last week ending February 26, I was testing functions of the EA on random pairs. This weekend, I am working on back tests to isolate grid sizing and investment requirements and which pairs the EA works best on. I am keeping to a maximum of 20% risk ...
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 25, 2021Will do. Right now I am just running back tests to get an average of grid size per pair. Right now, all pairs are running the same settings, which is not what it will be in the long run. I am just looking for trading errors with the EA.
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 25, 2021Once the EA is online, it will be risking 20% of the base balance for a losing sequence. But, on an average it should make that every few days or so. As long as it does not have more than 1 sequence loss every 3 days, it should make more than it ...
Gamblers Dream 2.0 EA