Profitable Robot - Done!
Profitable Robot - Done!
01 Dec 2012, 03:13
Hello everyone,
I would like to ask for your opinion to a Robot that I developed.
Please see results print screen: http://i45.tinypic.com/bjiu6t.png
It is designed for EURJPY in 1 Minute time frame.
Test was done with following values:
Starting capital: 3,000
Pair: EURJPY
Time: 1 Minute
Volume: 10000
Leverage: 1:50
Period: from 01 December 2011 to 30 November 2012
Results:
Net Profit: 219,310.31
Return of 7300%
This is the result of some weeks of intensive work, I would like to hear the opinion of the community.
In case someone is interested I can sell one copy of the code (Only one!), contact me at lverdastroiste[at]live.com.
Thanks
Replies
Martin
01 Dec 2012, 12:51
RE:
Hello,
I thing the profit is very nice, but not all.
Your DrawDown is almost 90%!!! It is huge... Why are you earn money if then you lose it all? My opinion is that 10-20% of DrawDown is the maximum which guarantees the continuous earning, and well-balanced trading. It is only my point of view, but be careful with 90% DD.
@Martin
Martin
01 Dec 2012, 12:54
RE:
Yes, read my previous post. You just need to increase your balance to reduce the DrawDown, what do you think?Anyone thinking of investing in your Robot will find the Profit factor,Sortino and Sharpe unappealing.Like was said,you should work on your drawdown, and the Profit factor.
Your test results should look more like the one below from calgo.co.uk.
@Martin
DavidBecquer
05 Feb 2016, 21:31
RE: RE:
I dont understand why you dont use 1:500 leverage ¡? Its usefull in most cTrader Brokers. You'll obtain best results on your max DD.
Martin said:
rkokerti said:Hello,
I thing the profit is very nice, but not all.
Your DrawDown is almost 90%!!! It is huge... Why are you earn money if then you lose it all? My opinion is that 10-20% of DrawDown is the maximum which guarantees the continuous earning, and well-balanced trading. It is only my point of view, but be careful with 90% DD.
Hi there, thank you for your comment.
Yes I know about the DrawDown, but if you increase your starting belance you also reduce your risk (with the same volume of 10000).
Here you can see same test with 25,000 and 50,000 of starting balance:
http://i50.tinypic.com/29ekvd.png
http://i47.tinypic.com/11ucoic.png
Your DrawDown risk is reduced, but your % profit is also reduced (for the same volume).
For 25,000 the Max DrawDown is 45.34% and % profit is around 1000%. For 50,000 Max DrawDown is 37.50% and % profit is around 500%.
Even so for an investment of 3K I think is worth the risk with a Max DrawDown of 88% with a potential of 7300% profit.
What do you think?
@DavidBecquer
... Deleted by UFO ...
trend_meanreversion
08 Feb 2016, 00:27
Can't agree more with Lucian and Piratetunes.. test only with tick data even if your strategy is based on OHLC values. Real time spreads and asynchronous nature of ticks is needed to calculate the realistic simulation of take profits or stop loss for your trades.
@trend_meanreversion
rkokerti
01 Dec 2012, 11:18
Hello,
I thing the profit is very nice, but not all.
Your DrawDown is almost 90%!!! It is huge... Why are you earn money if then you lose it all? My opinion is that 10-20% of DrawDown is the maximum which guarantees the continuous earning, and well-balanced trading. It is only my point of view, but be careful with 90% DD.
Good luck!
@rkokerti