Has anyone ever made profit using algo trading?
Has anyone ever made profit using algo trading?
02 Aug 2013, 17:05
Hi,
Just out of curiosity - the platform is great, programming robots for it is easy and straightforward, but....
Has anyone ever created a robot that would deliver constant returns in whatever backtests would be thrown at it?
I'm experimenting with different strategies and it seems that there is always some period for which a given strategy works but in the long run they never last.
Peter
Replies
kricka
02 Aug 2013, 23:11
Hi hichem,
nice curve and good profit so far, hopefully the drawdown will stay stable. Win / loss ratio is very consistent by looking trhough the trades. A real account is a big plus.
What kind of risk & money management protection do you have outside the stop loss and target per single positions?
@kricka
hichem
03 Aug 2013, 13:21
RE:
Hi hichem,
nice curve and good profit so far, hopefully the drawdown will stay stable. Win / loss ratio is very consistent by looking trhough the trades. A real account is a big plus.
What kind of risk & money management protection do you have outside the stop loss and target per single positions?
Hello,
Actually it is a hedged grid system. I don't use Stop Loss, Only take profits.
For protection :
- small lot sizes, relative to Balance
- High Leverage 1:500 thus small margin even for many open postions to keep Free margin close to equity.
- I use a C# library I have developed to protect th robot against lost connections and failed trade requests, so the system can run 24h with little intervention
- Have tested the system on Demo for 4 months
@hichem
Cerunnos
05 Aug 2013, 11:05
( Updated at: 21 Dec 2023, 09:20 )
Actually yes
Hi. My current robot now works in longer phases sideways quite well - only little loss (see graph). At least in the last 12 months ...
With high volatility / short-term trends (short / long) he is making good profits. Several months of the year should therefore be very profitable for gold trading. For about three weeks I am using a live account and it looks pretty good. Hopefully it stays that way...
@Cerunnos
kricka
06 Aug 2013, 02:42
Right on! cAlgoFx,
takes a long time and dedication for trading, to develop a robot, that maybe will stand the test of time. However algorithms fails at times and changes need to be made during this process, especially in live trading and after the real life testing has been done to validate the script . It should not discouarage futher development to make the algorithm perform better. It might be even an advantage to face some draw backs in the early stages, so improvements can be made to the code.
@kricka
pennyfx
15 Aug 2013, 02:33
RE:
pennyfx said:
I have a dynamic grid martingale system that works on all pairs. Still testing, but getting ready to unleash it on real money soon.
https://www.myfxbook.com/portfolio/demo-26-bots/640254
Here's the new link. https://www.myfxbook.com/portfolio/26-bots/662349
@pennyfx
gbksiazczak
16 Aug 2013, 20:17
RE:
hichem said:
Actually yes.
http://www.myfxbook.com/members/hichem_scyware/scyware/646388
Hi HICHMEM,
could You explain me the picture at the right side of the trade: 07.09.2013 20:3107.10.2013 04:20EURNZDSell0.04- 40.50 1.624491.62848-39.97h 48m-0.30% ???
Most of pictures show properly the points of open/close position, but... this one? Trade SELL descripion - LOSS, on the picture - PROFIT (sell and fall). Where from is this picture?
@gbksiazczak
ctid299233
25 Feb 2017, 19:54
RE:
hichem said:
Actually yes.
http://www.myfxbook.com/members/hichem_scyware/scyware/646388
I was about to buy the Scyware Hedged Grid... But it looks like this is only working sometimes and would bust your account eventually. I guess that's why you deleted your system on MyFXBook, right?... The URL above says: "Sorry, but this system was deleted by it's creator."
@ctid299233
kricka
25 Feb 2017, 20:27
Hedge Grid systems
Every Hedge grid system including Martingale cBots has a high risk of involvement for the trader. This does not mean that the systems will not preform as expected, it only means other protections and precautions has to be in place to protect the trading account while running these cBots. Money management is a must and by combining this with an overall protection the outcome can be very profitable for the trader. More can be read about protection at RMMRobot.com.
@kricka
trend_meanreversion
26 Feb 2017, 07:12
Yes you can make money using cBots. You can check some algos here -> /algos/cbots/show/1026
( Please don't bash me saying it is not good or you don't have live account history etc etc..i won't show my live account as you can see here for some valid reasons -> /forum/calgo-support/8208
@trend_meanreversion
hichem
02 Aug 2013, 17:17
Actually yes.
http://www.myfxbook.com/members/hichem_scyware/scyware/646388
@hichem