Wednesday 21 March 2012

Hi All

I have been dummy trading an optimisation for the AUDNZD cross with a draw down of 2.9%. Yesterday I was up 7 wins out of 9 trades when the robot entered a completely false trade when the price hit the EMA. This stopped out 30 min later for a medium size loss. This game is hard enough without the computer throwing a hissy fit. We were told to allow 20% slippage. Is this through the computer doing its own thing every so often? If so then the software needs to be tweaked to stop it.
I have run optimisations continually since the course and the only currency pair to show a good profit is the AUDNZD cross. We only need a small edge to start making money, but it takes several months for the compounding to kick in. If you use an optimisation with a drawdown greater than 3% then you will probably have a considerable drawdown in the first few weeks. You can see this when you use the backtesting. You need to run the robot for 4 or 5 months to see if you are on to a winner. If anyone else has their robot throwing hissy fits can they post a blog about it so that we can query KTA about it.
May the force be with you!

cheers
Wayne

1 comment:

  1. Wayne,
    can you get in touch re the Nanchang discussion. you have my e address on the card
    John F

    ReplyDelete