TrendyFollow FX
299 USD
Versione demo scaricata:
1 062
Pubblicato:
5 maggio 2023
Versione attuale:
3.10
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Hello Chen,
Can TrendyFollow be used together with other EA with this update?
I tried the demo, I really liked it. I bought the EA but the results of backtesting under the same exact conditions and settings on same timeframes give totally different results... how is this possible?
inputs:
Results:
Graph:
Anyone had some similar situation?
Is the demo version different than the purchased one?
Thanks
Our engineers have put aside their work and addressed the issue, so your account should now be functioning properly.
However, please note that we recommend M15GBPUSD again. It is more resistant to over-fitting than other currency pairs, and the default parameters are only suitable for M15GBPUSD.
Hello Simon,
Was it a custom symbol? Created using tick data from Dukascopy?
Hi Cazz,
It was EURUSD+ from vantage. Apparently problem is solved with latest update, seems to be working fine now. I will give it a proper testing and come back with more comments in a couple of weeks. All the best!
Our engineers have put aside their work and addressed the issue, so your account should now be functioning properly.
However, please note that we recommend M15GBPUSD again. It is more resistant to over-fitting than other currency pairs, and the default parameters are only suitable for M15GBPUSD.
Hi Chen, could you explain a bit how does maximum risk in percentage works?
I'm already testing live, GBPUSD, M15, and DD has exceeded 2% with setting of "maximum risk in percentage" at 0.02. DD is around 4.3%. I don't have any trouble with that but just trying to understand the risks of using this strategy.
All the other parameters are set as default.
Thanks
Hi Chen, could you explain a bit how does maximum risk in percentage works?
I'm already testing live, GBPUSD, M15, and DD has exceeded 2% with setting of "maximum risk in percentage" at 0.02. DD is around 4.3%. I don't have any trouble with that but just trying to understand the risks of using this strategy.
All the other parameters are set as default.
Thanks
Another one, is it ok to update while having open positions?
Thanks Chen!
Another one, is it ok to update while having open positions?
Thanks Chen!
Another one, is it ok to update while having open positions?
Thanks Chen!
No problem. But watch out. Now with the same currency pair, you can have a single of this EA or you may be disturbed.
No problem. But watch out. Now with the same currency pair, you can have a single of this EA or you may be disturbed.
Thanks for your answer, I will proceed to update while having this open trade then:
You didn't answer the previous message:
could you kindly explain a bit how does maximum risk in percentage works? Its way over 2% on DD and didnt close the trade, please look below:
Thanks for your answer, I will proceed to update while having this open trade then:
You didn't answer the previous message:
could you kindly explain a bit how does maximum risk in percentage works? Its way over 2% on DD and didnt close the trade, please look below:
1.Redesign the risk value calculation, it will now disregard leverage. Our current risk calculation formula is: with a balance of $1000, a risk of 0.01 corresponds to an order size of 0.01 lots.The new default value is 0.03.
2.Increase the maximum drawdown limit for the account balance. '10' represents no further orders will be placed after a maximum drawdown of 10%. The default value is 50.
"0" represents "do not enable
Your understanding is wrong
We have released version 3.05, but it is being recognized as version 3.5 on the platform. Please upgrade.
1.Redesign the risk value calculation, it will now disregard leverage. Our current risk calculation formula is: with a balance of $1000, a risk of 0.01 corresponds to an order size of 0.01 lots.The new default value is 0.03.
2.Increase the maximum drawdown limit for the account balance. '10' represents no further orders will be placed after a maximum drawdown of 10%. The default value is 50.
"0" represents "do not enable
Your understanding is wrong
We have released version 3.05, but it is being recognized as version 3.5 on the platform. Please upgrade.
Thank you!
The new risk calculation method makes things easier, for those whose accounts contain various leverage.
To update EA, can you simply re-apply the new EA to a chart that have ongoing positions?
To update EA, can you simply re-apply the new EA to a chart that have ongoing positions?
1.Redesign the risk value calculation, it will now disregard leverage. Our current risk calculation formula is: with a balance of $1000, a risk of 0.01 corresponds to an order size of 0.01 lots.The new default value is 0.03.
2.Increase the maximum drawdown limit for the account balance. '10' represents no further orders will be placed after a maximum drawdown of 10%. The default value is 50.
"0" represents "do not enable
Your understanding is wrong
We have released version 3.05, but it is being recognized as version 3.5 on the platform. Please upgrade.
The description in the overview page helps! Thanks
Hi
The EA has been profitable, first and foremost.
My doubt is this:
On this $3000 account, leverage 1:200.
When I set the risk to 0.02, it opened position 0.06lot
On another account, $5,000 (a funded account)
leverage only 1:33,
I set the risk as 0.018
It open a position of 0.28 lot
Yes, it made money, but it also nearly violate the prop firm's rule.
Would you explain how this auto risk management work please?
TrendyFollower FX risk management system is a lot clearer.
Thanks
Hi
The EA has been profitable, first and foremost.
My doubt is this:
On this $3000 account, leverage 1:200.
When I set the risk to 0.02, it opened position 0.06lot
On another account, $5,000 (a funded account)
leverage only 1:33,
I set the risk as 0.018
It open a position of 0.28 lot
Yes, it made money, but it also nearly violate the prop firm's rule.
Would you explain how this auto risk management work please?
TrendyFollower FX risk management system is a lot clearer.
Thanks
First, please confirm that you have upgraded to the latest version 3.05. We have redesigned the risk calculation formula to be more accurate. If you still have problems, please backtest and send us a screenshot via private message.
Apology JiaQi,
I have sent the comment to the wrong EA column. It was meant for TrendMaster EA, sorry for causing confusion.
If you are referring to the theory of automatic updates, it is theoretically unfeasible. However, if you are asking whether an updated EA can be directly applied to existing positions, then it is possible.
I suppose the magic number and order-comment have to stay the same, correct?