I'm an algorithmic trader and quant. I have a lot of experience in building strategies, portfolios and researching markets. I pay particular attention to risk control and diversification.
My style is portfolio trading. I use more than ten diverse strategies (breakout, momentum, mean-reversion) combined into a portfolio. The strategies are based on three basic models and diversified using various parameters and financial instruments. Such a style allows creating portfolios with specific expected values of maximum drawdown, diversification level, profit/risk, volatility of the equity curve.
Portfolio trading has advantages over trading with only one strategy. Such trading has a lower drawdown; smaller leverage is used. A portfolio is better adapted for trading in different market regimes and has lower yield volatility.
To be safe, I've stopped trading GBP until the end of the week due to Brexit vote (except for demo accounts). This is a very rare event that cannot be tested and will randomly affect the markets. So I've turned off the set-files with GBP pair.
2018 ends. It is a terrible, very terrible year for the breakout and momentum systems. Many familiar traders close this year with a loss for the first time in 5-10 years. It's a perfect market for martingale, grid, averaging, and manual traders who trade reversals. Good market for scalping. Will 2019 be the same or maybe better / worse? - I don't know; I do not see the future. In such a market, the primary goal is to lose as little as possible.
My plans? I love markets; algorithmic trading is food for my brain. I will continue to develop Belka. I will continue to invest my knowledge and experience in this project.
The new version will contain a news filter. We will be able to backtest the impact of any news event and select various news data providers.
New advanced settings and features will be added to the INI file. It will be possible to optimize strategies using the Sharpe ratio, Belka will be able to export different data to CSV, automatically build an equity curve, a drawdown chart and other important metrics that cannot be displayed in MT4.
The MT5 version is under development. My task is to develop a good EA with full support for the netting mode and all types of orders. Such an expert can be used on real stock/futures exchanges. My main task is diversification in different markets.
Today (21.12.2018) I will stop trading until Monday, January 11, 2019. I will close all open orders/positions at 22:00 (GMT+2). The end and first week of the year is a dangerous time to trade. It is my personal decision; it does not mean that you should do the same. I want to spend this time with my family. Anyway, two weeks a year will not be able to change something. The market will not run away from us.
Using this pause, I will review all my portfolios (taking into account the trading results of 2018). I will think a lot and make the necessary changes.
Thanks to everyone who shared ideas with me, sent set-files and helped me improve this project. I hate marketing and stuff like that. I am not interested in selling this product to anyone who does not need it. I focus on traders with experience and knowledge. The results of 2018 tell me that I need to reduce the price to $500. I think this is a good price for joining the project.
I've published a new version of the EA. It is a bug-fix release. Improved the backtesting speed and fixed a lot of minor bugs. The new version is identical to the old one regarding trading results, and it is fully compatible with the old set-files. New features in the EA will appear closer to the end of 2018.
1. A few days ago I sent for review and approval a new version (1.819) of the EA. Unfortunately, I still have not finished the news filter. I'm developing a good solution that will allow testing any news events on different markets (not only Forex).
What's new, How to update the EA: https://belkaglazer.com/en/belkaglazer-en/whats-new-en
I have made some changes to the set-files. The latest set-files can be downloaded anytime from my website.
Also, I have made changes in configurations of my portfolios. The latest settings/configurations of my portfolios are provided through PM.
I have decided to exclude the 2-Market[MR][PCh][v1.778][NY_CloseTrading]_GBPUSD_M1.set from my portfolios. Since summer 2017, this set-file has not brought me any profit. Read more on the 'Comments' tab of the Product.
The market industry is arranged in such a way that a retail trader has no chances to earn money. The retail trader must run with all might to just stand still. A lot of lies, a lot of garbage... It's impossible to find 'true' information and knowledge using which you can make money in the long term. Most retail traders do not have the knowledge in mathematics and probability theory, how the market works, how to research market. People without experience take an unreasonable risk, and most lose their money. Look how many around systems that use Martingale, grids...
I wanted to create a product that would help a retail trader to earn. In such a way I wanted to make the World better. I set an affordable price. I helped traders. Yes, most think that I'm crazy.
So it turned out that now I am rethinking this concept.
But I would not like to upset traders I have been communicating lately and who were ready to purchase the product but did not have time.
So I've set the previous price for 3 days. Only for 3 days.
I will switch off the EA today due to the Christmas holidays. During this period, reduced levels of liquidity are expected, which may result in wider spreads. This may result in significant slippage (especially for NY_CloseTrading strategy) when opening or closing trades. If there will be open trades I will manually close it at 22:30 (20:30 by GMT).