Cost Averaging System - page 47
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This is a clear proof of why we should not let our emotions dictate our trading. I loved the "safety" of the Common RSI and was scared of the aggressiveness of RSI w/trend v4. However, after last weeks trend, Common RSI blew up while RSI w/trend v4 kept on chugging, making more pips. It is a perfect case of the equity chart "climbing on the wall of worry".
Cool stuff, Maji.
My faward test
Hi guys...
Here are my results from faward test. It's not so good. Am i doing something wrong??
Settings:
COST AVG 4-PYRAMID
DEFAULT SETTINGS
Time Frame = M5
Pairs = USDJPY, GBPUSD, USDCHF, EURUSD
COST AVG COMMON RSI V1
DEFAULT SETTINGS
Time Frame = M1
Pairs = USDJPY, GBPUSD, USDCHF, EURUSD
costaveraging_4-pyramid.htm
costavg-commonrsiv1.htm
Fernanda,
You are not doing anything wrong. It is the EA. It is trend time in the markets and this anti trend EA is getting its butt kicked.
Cost Averaging RSI with Trend v4 part3 (from #448)
Starting ballance: $10000
Pairs: EURGBP, EURJPY, EURUSD, USDCHF, GBPCHF, AUDUSD
Timeframe: M15 on IBFX
Settings:
MagicNumber=12413
LotExponent=2.00000000
slip=3.00000000
pLots=0.01000000
TakeProfit=5.00000000
Stoploss=500.00000000
PipStep=5.00000000
MaxTrades=55
UseStopLoss=0
TotalEquityRisk=25.00000000
UseSafeMode=0
UseRSIforAddTrade=0
BuyLevel=30.00000000
SellLevel=90.00000000
ShortLevel=70.00000000
CoverLevel=10.00000000
SlowPeriod=8
FastPeriod=5
PriceType=5
UseTrend=0
sMAPeriod=40
MAPeriod=10
MATimeFrame=1440
MAMethod=0
MAPrice=0
UseMASlope=0
MinPips=10
MALookBack=5
UseTrailingStop=1
TrailStart=30.00000000
TrailStop=30.00000000
MM=0
RiskPercent=0.10000000
Cost Averaging RSI with Trend v4 Aggressive part1
This test is based on Maji Aggressive settings.
Starting ballance: $10000
Pairs: EURGBP, EURJPY, EURUSD, USDCHF, GBPCHF, AUDUSD
Timeframe: M5 on IBFX mini
Settings:
MagicNumber=12413
LotExponent=2.00000000
slip=3.00000000
pLots=0.01000000
TakeProfit=5.00000000
Stoploss=500.00000000
PipStep=5.00000000
MaxTrades=55
UseStopLoss=0
TotalEquityRisk=25.00000000
UseSafeMode=0
UseRSIforAddTrade=0
BuyLevel=30.00000000
SellLevel=90.00000000
ShortLevel=70.00000000
CoverLevel=10.00000000
SlowPeriod=8
FastPeriod=5
PriceType=5
UseTrend=0
sMAPeriod=40
MAPeriod=10
MATimeFrame=1440
MAMethod=0
MAPrice=0
UseMASlope=0
MinPips=10
MALookBack=5
UseTrailingStop=1
TrailStart=30.00000000
TrailStop=30.00000000
MM=0
RiskPercent=0.10000000
Wow... a big floating loss. That is what I cannot stand in real trading. However, the system still hasn't got a margin call while the other versions have.
Just for the records I am posting the results.
Wow... a big floating loss. That is what I cannot stand in real trading. However, the system still hasn't got a margin call while the other versions have. Just for the records I am posting the results.
Hi Maji,
Your position sizes increase quite fast. Are you testing extern double LotExponent = 3 ?
16346672 2006.11.28 07:15 sell 0.90 nzdusdm 0.6707 0.0000 0.6726 0.6870 0.00 0.00 -4.40 -146.70
12413 CostAvg-RSI-Trend v4-2
16368719 2006.11.28 09:45 sell 2.70 nzdusdm 0.6720 0.0000 0.6726 0.6870 0.00 0.00 -13.15 -405.00
12413 CostAvg-RSI-Trend v4-3
16369578 2006.11.28 10:00 sell 8.10 nzdusdm 0.6728 0.0000 0.6726 0.6870 0.00 0.00 -39.50 -1 150.20
12413 CostAvg-RSI-Trend v4-4
16373321 2006.11.28 10:30 sell 24.30 nzdusdm 0.6735 0.0000 0.6726 0.6870 0.00 0.00 -118.45 -3 280.50.
The pipstep seems also very small.
Have you tested UseSafeMode = true ? Do not know if it can make any good.
Thanks!
Scott
You are right Scott... this is the aggressive version with nanolots. Just an experiment and yet it survived the long trends while the other more conservative ones blew up. The clue is again leverage.. have to be extremely underleveraged and use nanolots for small accounts. I am coming home with that knowledge.
Cost Averaging RSI with Trend v4 part4 (from #468)
Starting ballance: $10000
Pairs: EURGBP, EURJPY, EURUSD, USDCHF, GBPCHF, AUDUSD
Timeframe: M15 on IBFX
Settings:
MagicNumber=12413
LotExponent=2.00000000
slip=3.00000000
pLots=0.01000000
TakeProfit=5.00000000
Stoploss=500.00000000
PipStep=5.00000000
MaxTrades=55
UseStopLoss=0
TotalEquityRisk=25.00000000
UseSafeMode=0
UseRSIforAddTrade=0
BuyLevel=30.00000000
SellLevel=90.00000000
ShortLevel=70.00000000
CoverLevel=10.00000000
SlowPeriod=8
FastPeriod=5
PriceType=5
UseTrend=0
sMAPeriod=40
MAPeriod=10
MATimeFrame=1440
MAMethod=0
MAPrice=0
UseMASlope=0
MinPips=10
MALookBack=5
UseTrailingStop=1
TrailStart=30.00000000
TrailStop=30.00000000
MM=0
RiskPercent=0.10000000
Cost Averaging RSI with Trend v4 Aggressive
I restarted this test on a mini account with lower balance.
Starting ballance: $1000
Pairs: EURGBP, EURJPY, EURUSD, USDCHF, GBPCHF, AUDUSD
Timeframe: M5 on IBFX mini
Settings:
MagicNumber=12413
LotExponent=2.00000000
slip=3.00000000
pLots=0.01000000
TakeProfit=5.00000000
Stoploss=500.00000000
PipStep=5.00000000
MaxTrades=55
UseStopLoss=0
TotalEquityRisk=25.00000000
UseSafeMode=0
UseRSIforAddTrade=0
BuyLevel=30.00000000
SellLevel=90.00000000
ShortLevel=70.00000000
CoverLevel=10.00000000
SlowPeriod=8
FastPeriod=5
PriceType=5
UseTrend=0
sMAPeriod=40
MAPeriod=10
MATimeFrame=1440
MAMethod=0
MAPrice=0
UseMASlope=0
MinPips=10
MALookBack=5
UseTrailingStop=1
TrailStart=30.00000000
TrailStop=30.00000000
MM=0
RiskPercent=0.10000000