Farhad Hill v2 - page 15

 

Farhad,

Could you comment on last trades on my IBFX account ?

Two open trades within 7 minutes period. One closed at BE another with with $60.00 profit. On FXDD one trade $110.00 profit.

What is cousing such a difference ?

IBFX:http://www.forexea.com/farhadcrab_ibfx/statement.htm

FXDD:http://www.forexea.com/farhadcrab_fxdd/statement.htm

 
tomstaufer:
Farhad,

Could you comment on last trades on my IBFX account ?

Two open trades within 7 minutes period. One closed at BE another with with $60.00 profit. On FXDD one trade $110.00 profit.

What is cousing such a difference ?

IBFX:http://www.forexea.com/farhadcrab_ibfx/statement.htm

FXDD:http://www.forexea.com/farhadcrab_fxdd/statement.htm

I have defined two functions :

CloseSellPositions()

CloseBuyPositions()

when maxYield (default=1) reaches, i.e accountequity()=accountbalance()+(maxYield*accountBalance()/100)

the crab closes all positions. one position may be in loss and one position may be in profit but the overall gain is 1% of the initial accountbalance.

see the recent statement attached

Files:
 

Has anyone tested it to higher than 1%?

I am curious to see if V4.5 is capable of sustaining 1.1% afater all that would be a 10% increase? So far the system is amazing and I feel it can work well however to build more confidence more time testing is needed. I will increase the lot size and increase the max yield to 1.1 . Stay tuned.

Gratefully

Berdj

 

Hi - I find this system really interesting my only concern is the lack of Stop Loss which ultimately spells disaster for any system - somebody said the SL is coded in the EA - could anyone explain ? Thanks

 

Leeb, check post 63. Farhad has thrown some light on the use of stoploss in this system.

 
berdj:
I am curious to see if V4.5 is capable of sustaining 1.1% afater all that would be a 10% increase? So far the system is amazing and I feel it can work well however to build more confidence more time testing is needed. I will increase the lot size and increase the max yield to 1.1 . Stay tuned.

Gratefully

Berdj

berdj,

although its very risky to use more maxyield, i agree with you in testing for example a maxyield of 1.1% or even 1.2% ... i'm thinking about a trailing for the case when trend does not stop.

 

TS would be great

I did not have any trades trigger on FXDD feb 8 or 9th are others having same results?

I think a tight TS would be a great idea.

Berdj

 
berdj:
I did not have any trades trigger on FXDD feb 8 or 9th are others having same results?

I think a tight TS would be a great idea.

Berdj

No trades too.

IBFX:http://www.forexea.com/farhadcrab_ibfx/statement.htm

FXDD:http://www.forexea.com/farhadcrab_fxdd/statement.htm

 

Here are some of my reports for Forhad 4.5, all default settings.

(Yes i know, this is only designed for the EURUSD).

 

i have changed maxyield to 1.3 (this is just to test on demo account) but the EA which has allready opened 2 trade on AUDUSD is still giving the no money message on the other pair

Reason: