Chandelier - page 10

[JonKatana]

Of course - the maximum drawdown is stated in the first post of the thread.

[Igor Makanu]

JonKatana:
Of course - the maximum drawdown is stated in the first post of the thread.

I did, but you wrote it:

JonKatana:

On Monday you have to place orders opposite to Friday's candle, and without Stop Loss.

Is the strategy so "robust" that it can't take a Margin Call ?

[Петр]

"... dreamed that he was brushing his teeth with some candlestick..." // D. Kharms

Sorry, it's not me, it's the subconscious. And it's not about a candlestick, it's about a candelabra. Anyway, forget it. Gone.

[JonKatana]

IgorM:
is it really such a "tough strategy" that it cannot take a Margin Call ?

Strategy has nothing to do with it. Whether or not it will take you out depends on your money management. This is true for any strategy.

In Candelabra, if you choose a lot size that is only 50 pips to the margin stake on EURUSD, for example, you are guaranteed to be taken out. But you know the maximum drawdown, you can make a double, triple margin. If you calculate the lot in such a way that up to the stop-loss level, for example, 1000 points - you are unlikely to be taken down at all, and even less so in a single day - I have not seen daily candles on EURUSD of this size lately.

P. S.: I have added a correction for Monday orders - they should be closed at the end of the day regardless of the result. I did not explain it at once - my bad.

[Igor Makanu]

JonKatana:
For example, 1000 pips is unlikely to "take you out" at all, let alone in a single day - I haven't seen a daily candle of that size on EURUSD in recent times.

Yeah, that's right, but I "feel" that as soon as I deposit some money and start "candelabra" I'll see such candlesticks for sure )))))))).

[Alexander Sevastyanov]

JonKatana:

In Candelabra.

John, a couple of questions if I may:

1. Why is the new TC referred to as Candelabra?

2. What's cooler than Lovina or Candelabra?

[artikul]

Waiting for TC Anticandelabra with an opening in the opposite direction from the previous candle ))))

[Роман]

Yeah... Or a Candelabra entrance and then Lovina :)) Anyway, you can think of lots of options

[igor]

artikul:
Waiting for TC Anticandelabra with an opening in the opposite direction from the previous candle ))))

Already tried it, worse than the pure form.

[atik]

yada yada

KANDEL2

Alpari-Demo (Build 229)

Symbol		EURUSD (Euro vs US Dollar)
Period		1 Minute (M1) 2010.11.02 00:00 - 2011.02.09 12:28 (2010.11.02 - 2011.02.12)
Model		All ticks (most accurate method based on all smallest available timeframes)
Parameters		SL=0; Lot=0.1; DOLL_DEP=0.5; TF=1440; tral=3; ECVITI=0; dohod=8000; MAGIC=2222;
Plot mismatch errors	0
Initial deposit	500.00
Net profit	15724.50	Total profit	15724.50	Total loss	0.00
Profitability		Expected payoff	227.89
Absolute drawdown	148.80	Maximum drawdown	5524.90 (33.65%)	Relative drawdown	49.36% (1864.30)
Total trades	69	Short positions (% win)	33 (100.00%)	Long positions (% win)	36 (100.00%)
		Profitable trades (% of all)	69 (100.00%)	Loss trades (% of all)	0 (0.00%)
Largest		profitable trade	1851.50	losing transaction	0.00
Average		profitable deal	227.89	losing trade	0.00
Maximum number		continuous wins (profit)	69 (15724.50)	Continuous losses (loss)	0 (0.00)
Maximum		Continuous Profit (number of wins)	15724.50 (69)	Continuous loss (number of losses)	0.00 (0)
Average		continuous winnings	69	Continuous loss