HANSTREND V2 BETATEST - UPDATE:
27 JULY 2018: UP SINCE START BETA TEST ~0.6%
1 AUGUST 2018: UP SINCE START BETA TEST ~1.1%
3 AUGUST 2018: UP SINCE START BETA TEST ~2.31%
5 AUGUST 2018: UP SINCE START BETA TEST ~3.09%
10 AUGUST 2018: UP SINCE START BETA TEST ~3.88%
numbers above are based on taking all data and calculate the averages from hanstrend.com
Good News
Hans
27 JULY 2018: UP SINCE START BETA TEST ~0.6%
1 AUGUST 2018: UP SINCE START BETA TEST ~1.1%
3 AUGUST 2018: UP SINCE START BETA TEST ~2.31%
5 AUGUST 2018: UP SINCE START BETA TEST ~3.09%
10 AUGUST 2018: UP SINCE START BETA TEST ~3.88%
numbers above are based on taking all data and calculate the averages from hanstrend.com
Good News
- New gain. Now at 3.88% (avg)
- Not loads of orders of the same pair, like 10 or anything else crazy
- I was hoping to see some other pairs actually, but after checking my (debug)logs, I noticed there were no good opportunities for other pairs, and the trend was on all my custom indicators UP for the 5 open orders
- Good usage of my positive Swap filter. On my own private account, using 0.01 lot size as well, All 5 orders had a positive swap profit of $0.20, in my opinion this significantly makes trading of a few pips profitable a lot sooner.
- 3.88% up on avg is nice, a bit too nice, which can clearly be concluded because of the max avg dd of 15.32%.
- With such a drawdown, I need to reconfigure things for the final version. The aim is to put a MAX DD of 5% at a risk of x1 and 10% at x2. This can easily be calculated after 3 months of BETA testing. ie. Monthly Gain 10% and DD for example 30% @ x2 (as this test is done at x2) would mean that the monthly gain will have to become 3.33% vs 10% max DD (and auto close all orders at 10%). So I can already conclude based on the test so far in 2 weeks, that the current risk is probably something around x4....
- In order to find out what would be a good x2 or x1 risk guide number in USD for a hard cut dd, it is necessary to do a 3 months test and use the formule like this:
(HighestDDoverall% + 10% for extra safety) / $HighestMonthlyGainOf1month% ... x1 risk amount determine ideal value0.01 lotsize per x1 risk (calc also x2 risk for compare with exact same as beta test) ... ideal balance per x1 for start , ie. x1 = 450 USD per 0.01 , more ? less? ? will continue later calculating, as I'm driving now, I can't do all at once, so I will be back in the weekend or maybe in the night time.
ie. (30 + 10) / 10 ... do when im back. Or feel free to help out - Again I noticed the accounts with leverage of 25:1 and 50:1 performing very poor. They get the same kind of DD, but way less profit, something to think about, as it would be great if I am able to make a version for such leverages. Although I believe in SimpleTrader its [possible to have a certain max orders opened, and maybe even for example 2 per pair... I will look into that as well what options SImpleTrader has.
Hans
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