Pricey merchants, after having voluntarily eliminated the HFT FAST M1 GOLD SCAPER V6 EA a few months in the past, and receiving a whole lot of messagesâhaving listened to each âcampsâ: those that requested me to tame the beast, and those that acquired very upset once I really did restrict itâI spotted that each side had been proper, but it surelyâs unimaginable to please various kinds of merchants with totally different types and ranges of aggressiveness in buying and selling.
After working tons of exams with this beastly EA, I concluded that the best strategy is to let it run just for a brief interval every day. How lengthy? Lengthy sufficient to make 6% each day after which fortunately step away.
I wish to make clear that this EA is just not for many who DO NOT READ THE INSTRUCTIONS, nor for many who wish to do one thing totally different like setting a 15% each day revenue or letting it run for 12 hours, nor for many who ignore the foundations out of greed or request modifications primarily based on their very own buying and selling type (extra/much less aggressive).
This EA is for you if you’ll be able to observe directions and perceive that the buying and selling type proposed beneath is the one which can be usedâno modifications can be made.
Directions for Operation đđ
1- Weekly Capital Administration đ°
- The month is split into 4 or 5 weeks (relying on the calendar).
- Every week, 100 USD is assigned to the EA. (In fact, you should utilize no matter capital you want, however for instance, weâll use the smallest attainable capital).
- On the finish of the weekâon Fridaysâincome are withdrawn, so that each new week begins once more with the identical 100 USD in danger.
- The EA will function inside the predefined schedule till it reaches 6% in each day income or hits the MaxDailyLossPercentage. Then it stops buying and selling till the following day. That is essential for each day threat administration and should be revered.
2- Instance of Weekly Outcomes đ
âą Week 1: The EA earns 35 USD revenue on a capital of 100 USD, which is +35% đ„.
âą Week 2: The EA earns 34 USD revenue on a capital of 100 USD, equal to +34% đž.
âą Week 3: The EA incurs an 11 USD loss (out of 100 USD) â ïž.
âą Week 4: The EA as soon as once more incurs an 11 USD loss (out of 100 USD) â ïž.
On this situation, the everyday conduct is that when the EA has a successful week, it often achieves round +30%â35%. In the meantime, on shedding weeks (when it reaches its most drawdown, set at 30%), it tends to finish up with a lack of about 10â15 USD.
The EA has an amazing restoration functionality. Subsequently, after a day with losses upon hitting its max DD restrict, it retains working the next days to trim that loss and cut back the ultimate quantitative affect đ.
3- Issues About Drawdown (DD) đ
Often, the each day or weekly drawdown ranges from 2% to 25%. If it reaches a 30% DD (its most restrict), the EA will cease buying and selling for that day. Beneath regular situationsâutilizing an excellent ECN account with low latencyâit not often hits that restrict.
4- Account Necessities and Connection đâĄ
Itâs important to make use of ECN accounts with quick execution. As a result of that is an HFT system that additionally trades Gold (XAUUSD), slippage can severely have an effect on efficiency. We suggest utilizing a VPS in case your web connection is unstable, or if that you must shut down your PC. The EA requires a relentless connectionâonly one minute offline might be catastrophic.
5- Slippage đ€
In case your account persistently has, for instance, 20â30 pips of slippage, the EA will yield a lot lower-than-expected efficiency and elevated drawdowns. This EA is just not designed to deal with extraordinarily excessive spreads or slippage on Gold; slippage as much as 10 pips is tolerable, however past that, the outcomes deteriorate drastically. That will help you monitor your present slippage, you will notice a Slippage label on the decrease proper nook of the chart. Beneath regular situations with an excellent ECN dealer, the determine ought to stay low more often than not â . Test your working schedule to position the EA within the timeframe greatest suited to your dealer (this can cut back slippage). Ask me when youâre not sure!
6- Working Hours Based mostly on Slippage â°
The EA is preconfigured to function throughout a selected time window (between TimeStart and TimeEnd). In case your dealer applies extreme spreads or slippage throughout sure periods (for instance, New York or London), you’ll be able to modify that schedule so it trades throughout much less risky durations. Adjusting the buying and selling hours can vastly enhance efficiency, because it avoids home windows the place Gold experiences unfold spikes and slippage.
Conclusion đ
Every week, 100 USD is positioned in danger, and income are withdrawn each Friday. The EA can generate about +30% weekly returns when market and execution situations (unfold + slippage) are favorable. Conversely, some weeks might even see a lack of round 10â15 USD. The utmost configured drawdown is 30%, and if itâs reached, the EA stops buying and selling for the remainder of the day, permitting it to proceed in subsequent days to attenuate the loss. The hot button is guaranteeing good market situations: an ECN account, low latency, utilizing a VPS (perfect), and avoiding extreme unfold durations.
Tips on how to Correctly BACKTEST HFT Quick M1 V8 đ
You’ll be able to backtest it so long as itâs finished on a WEEKLY foundation. As a result of the proposed technique for this EA is to threat the identical capital repeatedly and withdraw income every Friday (to maintain potential losses beneath management), you have to keep away from greed and observe the rules. This EA includes threat, so itâs not advisable to allocate extra capital than youâre keen to lose. In any case, shedding 10â15 USD is one factor (on a 100 USD capital), however shedding what you earned the earlier week doubles the lossâdo you see the purpose? In fact, a month-to-month backtest would possibly present larger income (as a result of it drags over earlier days/weeksâ positive aspects), however DD will skyrocket in addition to the related threat and potential losses. PLEASE FOLLOW THE RECOMMENDATIONS.
Though EAs are sometimes evaluated by their month-to-month efficiency, itâs each legitimate and smart to make use of a weekly capital administration technique. Then, on the finish of the month, youâll see that by utilizing the identical capital repeatedly, you’ll be able to obtain a sure month-to-month proportion whereas having locked in income weekly.
â ïžDisclaimer:
This can be a high-risk EA. Should you purchase it, you have to perceive your capital is in danger. Previous efficiency doesn’t assure future outcomes. Whatâs defined right here is just not a promise of income, however an evidence of the capital administration logic that should accompany the EAâs use.
Please obtain the demo model and examine the EAâs efficiency in your account beforehand.
Donât purchase it when youâre not sure of what youâre buying. Ask me first.
When you’ve got any questions, donât hesitate to write down meâby no means keep unsure!
Regards,
Martin.
