Working on to move the WR to around 70% and RR to slightly lower for healthy consistency. The stats are for last two weeks of the strategy that trades USDJPY intraday. If my WR and RR ratio is healthy all I am caring about is to keep my DD below 10% for the long run.
Inspiration : "We don't start with models. We start with data. We look for things that can be replicated thousands of times." - Jim Simons
Working on to move the WR to around 70% and RR to slightly lower for healthy consistency. The stats are for last two weeks of the strategy that trades USDJPY intraday. If my WR and RR ratio is healthy all I am caring about is to keep my DD below 10% for the long run.
Inspiration : "We don't start with models. We start with data. We look for things that can be replicated thousands of times." - Jim Simons
I built a focused EA about a month that trades USDJPY with logic that catches repetitive patterns... inspiration is:
"We don't start with models. We start with data. We look for things that can be replicated thousands of times." - Jim Simons
I am anticipating the WR to be around 70%, not 80-90%+ that is extremely hard to get and maintain in the long run from my experience, I might be wrong. Ran the system for exactly 2 weeks.
And one of the CORE goal for my system is to keep the DD less than 10%.... this is very very important... this is the stats of my small real account. I will be updating the parameters input every 3 months so that this algo bot with stay updated with the changing market dynamics. The Sharpe ratio is right now 0.41, if you guys know on how I can increase this to 1-2, please let me know.
I built a focused EA that trades USDJPY with logic that catches repetitive patterns... inspiration is:
"We don't start with models. We start with data. We look for things that can be replicated thousands of times." - Jim Simons
I am anticipating the WR to be around 70%, not 80-90%+ that is extremely hard to get and maintain in the long run from my experience, I might be wrong.
And one of the CORE goal for my system is to keep the DD less than 10%.... this is very very important... this is the stats of my small real account. I will be updating the parameters input every 3 months so that this algo bot with stay updated with the changing market dynamics. The Sharpe ratio is right now 0.41, if you guys know on how I can increase this to 1-2, please let me know.
I built a focused EA that trades USDJPY with logic that catches repetitive patterns... inspiration is:
"We don't start with models. We start with data. We look for things that can be replicated thousands of times." - Jim Simons
I am anticipating the WR to be around 70%, not 80-90%+ that is extremely hard to get and maintain in the long run from my experience, I might be wrong.
And one of the CORE goal for my system is to keep the DD less than 10%.... this is very very important... this is the stats of my small real account. I will be updating the parameters input every 3 months so that this algo bot with stay updated with the changing market dynamics. The Sharpe ratio is right now 0.41, if you guys know on how I can increase this to 1-2, please let me know.
From my POV, on 15min timeframe, it will be interesting to see how price action will react in this sensitive price zone of $4,211.... the trendline was broken but good bullish swing... just waiting and watching for the moment.
Hi guys,
I hope you are all doing amazing in life as well as in trading the markets.
We have come up with two updates, the first one is POST FLAIR... this feature will give clarity of the post and easy communication. This will be a compulsion to every post.
Second is a user flair feature "Verified", a lot of people are posting their PnL positions and stuff which is really encouraging to others, but some of these posts we have seen to be demo trying to be real.
So members of this community, if you want to get this FLAIR please just send one screenshot of your trading account along with your myfxbook or mql5 or forexfactory account link that is connected with your real trading account via the MOD mail, if we verify that you are actually trading real account and posting your trades... we will provide you with the flair.
We believe that Forex market will rapidly increase in coming days as the decentralization is the future, the past 2-3 years we have observed heavy interest of FX market in the retail segment...it is lucrative but also risky.
The major factor that it is risky is because of the compulsion to use leverage, and from some experience we know that leverage is a DOUBLE EDGED SWORD.
Let's share and gain skills and information via this community to excel in the FX market and other financial markets. Thank you. GG.