spot on, improving winning percentage is what I have been working on, the current EA is using Bband which is great in riding trend but often caught by reversal which explain the outlier event that u mentioned.

So, I have added hedging features to counter this and manage to obtain the following backtest result.



any good strategy that u can share with me?

Usually in order to increase your winning rate you will need to add a filter or two. It depends, it could be indicator based, price action based, time based, and so on. Your number of trades will be reduced resulting from the increment of your winning rate. It's a good thing because your risk adjusted return is improved and you can actually risk more per trade, and of course make more money.

As for my strategy, it's a trend following system, based on momentum and price action. My winning rate is around 50% and no martingale (because my risk-reward ratio changes all the time, not fixed). I trade on high timeframes and very diversified (Forex, Equities, Indices and Crypto). Very stable and very scalable.

My recommendation is you have to find a system that works on various markets if you want to smoothen your equity curve (through diversification). By smoothening your equity curve, you could risk more and gain more rewards.
However, if you want to trade only on one pair or two is also fine. Your strategy will be optimised for that particular pair. The drawbacks are, you will not be able to scale well in the future (forex should not be a problem), could not diversify to smoothen your equity curve. You equity curve would be volatile and not suitable for placing a higher risk on a trade.

Rule of thumb:
1. Diversify
2. Look for a way to smoothen your equity curve.
3. Improve your risk adjusted return.

This post has been edited by duplicated: Apr 22 2018, 02:17 AM

Why not open the next position with an equivalent lot size or even lower lot instead, until the equity grows a bit more? I mean, if you're looking for even more stability rather than boosting profitability quickly.

Any forward-tested results on a mini LIVE a/c?

Because it doesn't work that way. The system will not be a profitable system without the martingale.

Compare OANDA and IC market ,

which is better ?

OANDA.

u tried both of them ?

Tried. Once I kena IC markets 100 over pips spread, and hit my stoploss. That was many years ago.
OANDA has better track record.

im using OANDA as well,
thank you

i'm afraid martingale is too risky for me. have tested my fair share circa 2008

had a LIVE a/c with Oanda between 2007 - 2009. apart from their 50:1 lvrg, very reliable broker.

IC mkt no comment.

I;m still with US-OANDA (u can guess , how old is my OANDA acc) .......

100 pips spread @@

what was the currency you traded on that time?

I am using IC markets currently

Can't remember. I contacted their support and their support showed that at that point of time the spread is such for that pair, which is ridiculous. Many hit their stoplosses.
It only happened once and it was years ago.

no wonder many FF members left Oanda and move to IC ....
Oanda use spread to stop hunt orders ....

In terms of IC,
easy to register , platform ?
add/withdrawal fund easy ?

I was talking about ICMarkets.

So far no problem depositing and withdrawals.

Personally, i never did encounter problems with Oanda. Moved to an MT4 broker because i no longer needed Oanda's API. Plus, i didn't like the 50:1 lvrg.

FXCM though, was terrible! Back then, they had Kathy Lien & Boris Sc******* moving around giving seminars to boost their image.

I experienced platform freezes @ opportune times & SL hunting.

Having a booth at the N.Y. traders & investors convention & huge banners on Bloomberg's site, doesn't make them anymore legitimate.

thank you EA_MT4 + duplicated

Ussing Debit card to fund acc ,


later when withdraw , the fund would still go back to debit card ....

this method recomended ?
or better use WIRE/TT ?

Hello, just found out regarding PAMM from Alpari, but Alpari charges 2.5% for deposit using credit/debit card,
is there any reputable broker does not charges fees on deposit and provides PAMM ? Thanks.

This post has been edited by neverland: Apr 27 2018, 06:18 PM