Terminator v2.0 - page 31

 

statment!

can you show us the statment of the account so we learned too what happen there?

tmaneval:
Well, the demo account I've been posting went bust this week. It's back to the drawing board. It's a good lesson or two learned.

Depending on what unfolds with the market here (data input) I'll be making some changes and going at it again.

In the mean time thank you all for your help and support.

I'll be back.

tom
 

Well, the demo account I've been posting went bust this week. It's back to the drawing board. It's a good lesson or two learned.

USDCHF killed it.

Depending on what unfolds with the market here (data input) I'll be making some changes and going at it again.

In the mean time thank you all for your help and support.

I'll be back.

tom

 
 

Update

Well again I had a great week. Kevin

Files:
 

I have been trading terminator 2.02 live and turned it off wednesday afternoon for the holidays, I wonder if I would have had a blow out with my settings...

 

It's no mystery, really... USDCHF has been in a steady downtrend for several days so anyone trading this sort of system on that pair would have already been deep into the progression, awaiting some kind of pullback for an exit point. From that vulnerable position, the last thing you want is a sudden downturn in $ value, and that's exactly what happened due to some $ hostile news. If you're system has a disaster strategy that allows it to exit gracefully from such a scenario, you may have escaped with only a substantial loss.. if not, you're toast...

 

Some research info I did about diary movements and worst movements

Data was taken from 01/01/2005 to 10/31/2006

EURUSD

Average day range : 106

Worst Day Range : 248

Worst Movement without 30 pips pullback : 596

USDCHF

Average day range : 122

Worst Day Range : 273

Worst Movement without 30 pips pullback : 608

GPBUSD

Average day range : 150

Worst Day Range : 363

Worst Movement without 30 pips pullback : 755

USDJPY

Average day range : 99

Worst Day Range : 351

Worst Movement without 30 pips pullback : 636

AUDUSD

Average day range : 77

Worst Day Range : 168

Worst Movement without 30 pips pullback : 390

USDCAD

Average day range : 102

Worst Day Range : 268

Worst Movement without 30 pips pullback : 532

NZDUSD

Average day range : 76

Worst Day Range : 183

Worst Movement without 30 pips pullback : 393

EURJPY

Average day range : 108

Worst Day Range : 368

Worst Movement without 30 pips pullback : 742

EURGBP

Average day range : 36

Worst Day Range : 93

Worst Movement without 30 pips pullback : 212

EURCHF

Average day range : 51

Worst Day Range : 159

Worst Movement without 30 pips pullback : 276

EURCAD

Average day range : 128

Worst Day Range : 251

Worst Movement without 30 pips pullback : 632

EURAUD

Average day range : 124

Worst Day Range : 304

Worst Movement without 30 pips pullback : 655

GBPJPY

Average day range : 164

Worst Day Range : 581

Worst Movement without 30 pips pullback : 1190

GBPCHF

Average day range : 145

Worst Day Range : 419

Worst Movement without 30 pips pullback : 735

CHFJPY

Average day range : 73

Worst Day Range : 189

Worst Movement without 30 pips pullback : 354

AUDJPY

Average day range : 73

Worst Day Range : 232

Worst Movement without 30 pips pullback : 399

AUDCAD

Average day range : 85

Worst Day Range : 162

Worst Movement without 30 pips pullback : 384

AUDNZD

Average day range : 83

Worst Day Range : 267

Worst Movement without 30 pips pullback : 587

Its cleary that this EA cannot survive those "Worst Movements" and they are more frequently than we think.

Now what solution or disaster plan do you suggest ? except the ones I give in the firsts pages of this thread.

 

tack in account some losses

i think that the best way to deal with this data is to tack in consideration some losses from now and than , if you survive this moves and live to trade another day for the long run the system will work . if you set the system to loss only 15% from your accounts in this kind of moves , the pay back after it will be greater , what your thought?

project1972:
Some research info I did about diary movements and worst movements

Data was taken from 01/01/2005 to 10/31/2006

EURUSD

Average day range : 106

Worst Day Range : 248

Worst Movement without 30 pips pullback : 596

USDCHF

Average day range : 122

Worst Day Range : 273

Worst Movement without 30 pips pullback : 608

GPBUSD

Average day range : 150

Worst Day Range : 363

Worst Movement without 30 pips pullback : 755

USDJPY

Average day range : 99

Worst Day Range : 351

Worst Movement without 30 pips pullback : 636

AUDUSD

Average day range : 77

Worst Day Range : 168

Worst Movement without 30 pips pullback : 390

USDCAD

Average day range : 102

Worst Day Range : 268

Worst Movement without 30 pips pullback : 532

NZDUSD

Average day range : 76

Worst Day Range : 183

Worst Movement without 30 pips pullback : 393

EURJPY

Average day range : 108

Worst Day Range : 368

Worst Movement without 30 pips pullback : 742

EURGBP

Average day range : 36

Worst Day Range : 93

Worst Movement without 30 pips pullback : 212

EURCHF

Average day range : 51

Worst Day Range : 159

Worst Movement without 30 pips pullback : 276

EURCAD

Average day range : 128

Worst Day Range : 251

Worst Movement without 30 pips pullback : 632

EURAUD

Average day range : 124

Worst Day Range : 304

Worst Movement without 30 pips pullback : 655

GBPJPY

Average day range : 164

Worst Day Range : 581

Worst Movement without 30 pips pullback : 1190

GBPCHF

Average day range : 145

Worst Day Range : 419

Worst Movement without 30 pips pullback : 735

CHFJPY

Average day range : 73

Worst Day Range : 189

Worst Movement without 30 pips pullback : 354

AUDJPY

Average day range : 73

Worst Day Range : 232

Worst Movement without 30 pips pullback : 399

AUDCAD

Average day range : 85

Worst Day Range : 162

Worst Movement without 30 pips pullback : 384

AUDNZD

Average day range : 83

Worst Day Range : 267

Worst Movement without 30 pips pullback : 587

Its cleary that this EA cannot survive those "Worst Movements" and they are more frequently than we think.

Now what solution or disaster plan do you suggest ? except the ones I give in the firsts pages of this thread.
 
kjenkins:
Well again I had a great week. Kevin

Hi Kevin,

what settings do you use?

thx

 

ze0202

ze0202:
Hi Kevin,

what settings do you use?

thx

Hi ze, as follows from top down. 38,.01,.0,.0,10,20,22,1,0,5,0,2001,1,2030,12,0,1,1,magic#,0,3,0

It's been suggested that my settings are not condusive to drawbacks but it's worked well so far. What I will normally do is load a EA with defaults and as I see where I can adjust for pitfalls then I gradually make those changes. The 8 currencies that you see are what I leave trading and in both directions. I'm not a fan of uni-directional trading. You set yourself up for losses this way. It is good to have more than one or two currencies trading for diversification.

I also have a EA that I trade live that has a feature where if orders are placed in the direction of a move and suddenly you get a major swing in the oposing direction then it will close out the open trades and put in a reverse order trading with the opposite move making up the losses incurred from the previous orders. The GbpJpy and GbpChf gives me the best results from this EA.

The above settings aren't anything special, I just don't over-leverage! Ttyl, Kevin