News articles and trades ideas should be posted with your analysis or a question. Post an article, or link to multiple articles with your analysis in it. Also, concerning your analysis, see The following should go without saying There is a thin line between promoting a product and service and SPAM. Before you can post a promotion or service you need to get approval from the mods. Links to external services, especially if they are selling a product such as signals services or binary options will be excised with haste.

Want to post a trade? I've written several algo's and automated trading systems over this past year, that i've demo'd and backtested, and I've decided to finally go live with this one. It's been running for about 1 week now.

I've been tweaking it every day, as i learn something new just about every day, and so far i've had positive results. Figure I will keep you guys up to date on this journey and share the experience as I try to establish some real results. If you need to make tweaks, run a different EA in demo with the tweaks and evaluate from there.

If you're making daily adjustments, you might as well just be trading manually. I've incorperated something similar to bollinger bands i suppose. What's the point of closing if you're using a stop loss? Why not just make the stop loss closer to begin with? It's easy to know if algo is better than flipping a coin.

Look up central limit theorem. Come back to us when you have trades from this. I can tell you then. You are missing the point. Just read central limit theorem and apply that to your winrate. I'm actually interested in more information from you. How do you apply central limit theorem to a win rate?

Your winrate must be outside this by 2 sigma. If so, would you not be able to say that your win rate must be greater or less than a set percentage?

If not, what is 2 sigma? For example, if your RR is 1: I have a strategy with a target RR of 1: What would my 2-sigma threshold be for the win rate? And what would you say is a meaningful sample size? Excellent work and very interesting. Would you mind providing a link to the myfxbook page to follow along? Did you do any backtesting? Do you use any mathematical formulas or is it strictly automated chart analysis?

As others mentioned, if you did do backtesting, and then start tweaking your bot, you're throwing all the backtesting out the window. Op, don't mind if I ask, how old are you and did you take up coding in your higher studies if applicable?

I eventually got a computer engineering degree. Not to let that deter anyone though. The coding skills are necessary, but they're easy enough to attain on your own if you know your goals.

The most critical skillset involved in building a coherent trading system is being analytical about your strategy, performing statistical analysis, and being able to translate it into a feasible design. Where are you getting historical data to test against? Use of this site constitutes acceptance of our User Agreement and Privacy Policy.

1 week live with my custom trend trading robot : Forex

By signing up, you agree to our Terms and that you have read our Privacy Policy and Content Policy. Log in or sign up in seconds. LIST OF RESOURCES CHATROOM SO WHEN WILL YOU BE RICH? No empty news articles or analysis News articles and trades ideas should be posted with your analysis or a question.

Also, concerning your analysis, see 2: No Spam, No Non-Approved Promotions There is a thin line between promoting a product and service and SPAM. Keep It Professional No insults or attacks of any kind.

Abusive posters will be banned. Posting Trades Want to post a trade? Fairly candid look into a Canadian trading firm, in minute episodes. This is an archived post.

You won't be able to vote or comment. Broker is OANDA, using their REST API. I use a modified version of the OANDA-Adapter by cloud9trader, but Oanda's API isn't hard to deal with directly. Looks at lower timeframes and starts listening to a price stream. The planets align, and it enters some trades with 1: Every 30 mins, looks at open trades, closes positions that are missing the mark, maintains at least 1: I use it for the same purposes!

Meet the Bots That Let You Trade Bitcoin in Your Sleep

Also wrapping up javascript lessons. I forgot what it is. The question is, can u maintain the risk: Because the market moves by itself and not based on your risk reward ratio.

What is this screenshot from? I just gave a link. I hope it continues to work for you! How are you back testing? Any particular platform or home brew? At least he has taken the first step unlike many of us here. Down vote me all you want but comments like this make people hesitant to ask stuff here. Posts are automatically archived after 6 months.