Re: MY EXPERT ADVISOR FOR MT4, MONSTERBOT

11
yisrael wrote: Mon Dec 27, 2021 12:17 am I not a mathematical genius...I see stuff that I like and reflect upon them...
To hype you a bit ...I will post within two weeks a leading indicator...called
yisrael leading cheat channel...for short yisrael-lcc
Based on this video
https://youtu.be/4AuV93LOPcE
i really enjoy how you are approaching this.

i only watched a few minutes of the video, but i will watch it all in a bit..

geez tho, why are you considering posting your work?

omg no, dont do it.. why not instead polish your stuff and build a fund?

trading starts getting good when you are trading ten million..

there is a pot of gold at the end of the rainbow.
These users thanked the author ziggy for the post:
yisrael


Re: MY EXPERT ADVISOR FOR MT4, MONSTERBOT

12
ziggy wrote: Mon Dec 27, 2021 1:45 am i really enjoy how you are approaching this.

i only watched a few minutes of the video, but i will watch it all in a bit..

geez tho, why are you considering posting your work?

omg no, dont do it.. why not instead polish your stuff and build a fund?

trading starts getting good when you are trading ten million..

there is a pot of gold at the end of the rainbow.
You will enjoy the video...talk your thoughts about it to me!!!

Why do I post my stuff???..answer....because I am a dummash...
There is a gold at the end of rainbow...good point...but I don't seek money
I got larger goal...I will find my reward in the rainbow of Jesus...cause I will became a mock in holy Athos mountain,this summer
A famous quote in documentary "Money Robots":55% winrate is enough to make money

Re: MY EXPERT ADVISOR FOR MT4, MONSTERBOT

13
yisrael wrote: Mon Dec 27, 2021 3:12 am You will enjoy the video...talk your thoughts about it to me!!!

Why do I post my stuff???..answer....because I am a dummash...
There is a gold at the end of rainbow...good point...but I don't seek money
I got larger goal...I will find my reward in the rainbow of Jesus...cause I will became a mock in holy Athos mountain,this summer
will do.


Re: MY EXPERT ADVISOR FOR MT4, MONSTERBOT

18
Trendy wrote: Fri Feb 11, 2022 11:30 pm 48% per year is pretty good....

Yeah....I change one parameter...the period of the first monster breakout from 12 to 6 and it gives 53% return per year now....awesome!!!

Here is my concern....I can't seem to pass the 55% winrate.
I tried a system with only the aroon up and down...
Which supposed the aroon up and down with 7 period has a winrate of 68% ....
This is good and accurate if you do 100 trades...but when you do 10000 trades it fall to 55% winrate ...with a negative return....and yes I took all signals

I guess winrate and return have a good correlation but not a strong one.

Anyway...I will stop chasing indicators...and focus on this monsterbot system....figure out a way to cut the losses...and maybe someday when a get like a 120% return a year ...I will live trade....
Man this is a crappy game
A famous quote in documentary "Money Robots":55% winrate is enough to make money

Re: MY EXPERT ADVISOR FOR MT4, MONSTERBOT

19
yisrael wrote: Mon Feb 14, 2022 12:06 am
This is good and accurate if you do 100 trades...but when you do 10000 trades it fall to 55% winrate ...with a negative return....and yes I took all signals

I guess winrate and return have a good correlation but not a strong one.

Knowing the winrate on it's own is not enough, also need the Reward/Risk. The Risk is the Stop Loss amount and the Reward is the Profit Target (or amount on close of trade) averaged over total trades if a different ratio is used for each trade. And then plot on the graph below.


These users thanked the author Ogee for the post:
yisrael

Re: MY EXPERT ADVISOR FOR MT4, MONSTERBOT

20
Ogee wrote: Mon Feb 14, 2022 12:37 am Knowing the winrate on it's own is not enough, also need the Reward/Risk. The Risk is the Stop Loss amount and the Reward is the Profit Target (or amount on close of trade) averaged over total trades if a different ratio is used for each trade. And then plot on the graph below.
My tp is 1 atr and my stop loss is at 1.5 the value of atr...
So reward to risk ratio should be ....(let me know if I get this right?)..
Reward/Risk=1/1.5=0.667
Wow ...that is terrible!!!
I should do 1.5 tp of atr and 1 stoploss of atr
or
Is it better to do a multiple of it , like 3/2
A famous quote in documentary "Money Robots":55% winrate is enough to make money


Who is online

Users browsing this forum: DotNetDotCom [Bot], wojtek and 18 guests