Waddah Attar Win Expert - page 38

[[Deleted]]

Time Started: 09/10/2008 23:10 (gmt)

Time Updated: 09/23/2008 03:00 (gmt)

Starting Balance $2,000.00 (demo dollars) in each of the four tests below:

#1 #2 #3 #4

Tradebalancer v1.2 win v1.2a IncStep 1 v1.2a IncStep 2

$1,908.22* $1,238.68 $2,239.69 $2,073.06

ROI** -128.85% ROI -1,068.79% ROI 336.49% ROI 102.57%

DD** 31.89% DD 72.56% DD 20.1% DD 15.6%

neg:1** neg:1 16.74:1 05.70:1

* = Equity

** = Projected Annual ROI to Max Drawdown Ratio

[[Deleted]]

wELL...

I have seen enough with these tests to make a decision with...

Martingale...grids ...progressions are just not for me...

I am going to stop the tests....But for those of you that like this sort of trading good Trading to you...it's just not my cup of tea...

ES

[matrixebiz]

Why, what happened? Did the accounts get wiped out?

[[Deleted]]

My conclusions may not be correct...but I needed to test the way I did to see how the differences manifested themselves from setting to setting.

I concluded that the drawdown is unlimited and the duration of trade could be "trapped" in a very long hold.

As the steps increase the retraces do not become easier even if there is a LotInc of 1.

ES

P.S. Now these are my personal conclusions (they happen to agree with a PM I received)...please continue to test and trade it live if you have the balls for it. I needed the screen real estate for better projects and closed the tests...I do not test to discover when it will wipe out necessarily....I have a DD tolerance and this was a wild child that I could not tame....so to some of you I concluded the tests prematurly...but if I must wait till wipe out to discover if I will trade live...well....I would be gambling wouldn't I?...The velocities of the float and the exponential treatment this method has on equity makes it very difficult to manage a mature trade with, and because of this I did not need to see anymore...I moved on to save time as I would never trade this live for myself.

[wmsk77]

ATC 2008 Contest

Do you guys think that Waddah is using the same EA in the ATC 2008 Championship?

Here are the links:

Automated Trading Championship 2008

Participant waddahattar - Automated Trading Championship 2008

[MANSTIR]

I think he change a little bit on code of waddah attar indicator cum ea... thus u see how the ea trade without loss but the drawdown make us wonder how long the ea will remain smooth profit

[wmsk77]

which indicator is that

do you mean Waddah Attar Explosion?

[MANSTIR]

look on the waddah ea...maybe u could find some...

[Sam]

hello

could you please send me the reversal ea

or waddahattar reverse ea

thanks in advance

[surgednb]

I'm still kind of shocked that this EA actually works better for the trader that has a small account balance...you just have to tweak the inputs a little and you really can't lose because the method is pretty accurate in terms of what happens...unlike indicators.