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