Drawdowns safety

• 10/28/2020 at 7:58 PM #148822
  Fran55

  I need that when the system is in maxprofit and an operation fails, the following operations are with half the money, until the system exceeds the maxprofit again

  

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  10/28/2020 at 10:23 PM #148834
  AutoStrategist

  You are not able to partially close an automated trade, it has to be for the total amount, I think it is a broker (IG) restriction rather than a PRT one

  

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  10/28/2020 at 11:28 PM #148842
  Fran55

  Ni partially close operations.

   

  Nexts operations with 50\100 money.

  And when the system go to Maxprofit new 100\100 of Money.

  

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  10/29/2020 at 2:15 PM #148900
  Roger

  if maxprofit>x then size=2 else size=1 endif

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  if maxprofit>x then size=2 else size=1 endif

   

  

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  10/29/2020 at 3:28 PM #148910
  robertogozzi

  There you go:

  Once MaxProfit = 0 Once InitialSize = 1 MaxProfit = max(MaxProfit,StrategyProfit) LotSize = InitialSize If MaxProfit > StrategyProfit Then LotSize = InitialSize / 2 Endif

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  Once MaxProfit   = 0 Once InitialSize = 1 MaxProfit        = max(MaxProfit,StrategyProfit) LotSize          = InitialSize If MaxProfit > StrategyProfit Then    LotSize = InitialSize / 2 Endif

   

  

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  10/29/2020 at 3:40 PM #148911
  Fran55

  Ok Roberto, thanks.

   

  I  insert your Code and i say tomorrow.

   

  Much thanks!

  

  Fran55

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  10/29/2020 at 3:57 PM #148912
  Fran55

  Thanks Roger, so.

  

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  10/30/2020 at 12:48 PM #149003
  Fran55

  Ok boys … a problem.

  My system climbs positions, when it gains trades the following trades trades with more, when it loses trades the following trades trades with less.

  What I want is that when the system reaches maxprofit, if it loses a trade, it trades with half the money used IN THE LAST TRADE.

  And that it operates with half the money that again manages to place itself above the maxprofit.

  

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  10/30/2020 at 2:41 PM #149014
  robertogozzi

  Make an example, please.

  

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  10/30/2020 at 6:25 PM #149044
  Fran55

  The graphic!!!… ?

  

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  10/30/2020 at 9:38 PM #149060
  robertogozzi

  Text is enough

  

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  10/31/2020 at 3:17 PM #149086
  Fran55

  See if I can explain it.

  My system starts trading at € 1 pip.
  When you win a trade, the next trade is at € 2 pip, and so on.

  But, as in any system, some operations fail.
  What I want is that if an operation fails, and for example, that operation was at € 10 pip, the following operations are with half, at € 5 pip in this example, until the system exceeds the drawdown.

  Once the drawdown is over, I want it to continue operating where it left off, at € 10 pip in this example.

  I think the graphic in the previous post is well specified.

  Thanks!

  

  Fran55

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  11/01/2020 at 1:34 PM #149149
  nonetheless

  Why not just use some kind of MM that increases and decreases positionsize according to strategyprofit? Why reduce by 50% if it’s only one loss? Might start winning again the next day. I think better to reduce proportionate to the size of the loss. If you lose again, it will go down further, but also go up more gradually without waiting until it clears the drawdown.

  

  nonetheless

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  11/01/2020 at 4:12 PM #149162
  Fran55

  I tell you NONE.

  I have a bot that was working very well, but it has had a significant losing streak in the last few months and that I did not expect.

  This bot has a very good MM.
  When he gains operations he operates with more money, and when he loses operations he operates with less.
  The problem is that he has had a bad streak and after earning € 2,500 in one year, he has a drawdown of 75% right now.
  A fact that I can assure you, did not even cross my mind.
  For 9 months his hit rate has been 92%.

  On the one hand, I think it is something merely circumstantial, due to the thick lateral in dax of the last 3 months.

  But of course, I would like to solve this problem, so that when I am in drawdown I lose less money.

  I tell you NONE.

  I have a bot that was working very well, but it has had a significant losing streak in the last few months and that I did not expect.

  This bot has a very good MM.
  When he gains operations he operates with more money, and when he loses operations he operates with less.
  The problem is that he has had a bad streak and after earning € 2,500 in one year, he has a drawdown of 75% right now.
  A fact that I can assure you, did not even cross my mind.
  For 9 months his hit rate has been 92%.

  On the one hand, I think it is something merely circumstantial, due to the thick lateral in dax of the last 3 months.

  But of course, I would like to solve this problem, so that when I am in drawdown I lose less money.

  
  Ideas welcome! 🙂
  

  

  Fran55

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  11/01/2020 at 6:12 PM #149184
  GraHal

  Fran55 wrote:

  Ideas welcome!

  Monitor every few days in Live and re-optimise when performance differs from backtest results.

  I ‘weed my portfolio’ at least every weekend … even in Demo! 🙂

  

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