Reliable expert with minimum drawdown !

[zrforex]

In expert aplying powerful algorithm allowing work under minimum drawdown

and StopLoss only 50 points! Possible use with any broker ECN, NDD or Classic.

 

EURUSD, Period 15 Minutes

 

Date 2011.01.01 - 2011.06.04, Initial deposit 1000 $, Lot only 0.1

Total net profit 1269.83, Gross profit 1269.83, Gross loss -0.00, Profit factor ---, Expected payoff 12.09

Absolute drawdown 20.70, Maximal drawdown 48.28 (2.45%), Relative drawdown 3.86% (44.80)

 

Date, 2011.01.01 - 2011.06.04, Initial deposit 1000$, Risk 20%

Total net profit 10946.64, Gross profit 10946.64, Gross loss -0.00, Profit factor ---, Expected payoff 104.25

Absolute drawdown 41.40, Maximal drawdown 787.05 (8.35%), Relative drawdown 9.53% (263.45)

 

Date 2000.01.01 - 2011.06.04, Initial deposit 1000 $, Risk 5%

Total net profit 896111.72, Gross profit 1365712.41, Gross loss -469600.69, Profit factor 2.91, Expected payoff 440.13

Absolute drawdown 174.00, Maximal drawdown 51411.28 (10.11%), Relative drawdown 21.15% (14642.82)

 

For reception and more detailed information to: www.zrforex.com

[ganthiraj]

Unfortunately you need to test strategies all the time - even when they are successful - constant demo trading even when you are trading live keeps your strategy up to date. I would say a strategy needs to be backtested over 2 years at least, and forward tested at least 6 months with a demo before you use it live. A lot of people have successful 3 month accounts - this is usually because their strategy fits the market profile at the time (which for whatever reason normally lasts 2-4 months per phase). Any longer than this, these super profitable strategies just fall apart. So testing over 6 months with consistently profitable months, with minimum drawdown would be reliable.

 

Backtesting unfortunately has quite a lot of bias, as I find I move my entries 1-2 pips slightly to favour my system (cheating) because I don't want my work to go to waste - unfortunately the market is not so kind. Demo trading is good, but you need to manage it with proper SL, maximum drawdowns set, and rules followed. If you do not follow your rules for 6 months, then add another month until you are a machine at trading demo. Then move into a micro account for 6 months, then a mini account for 6 months, then start to trade lots. At that stage you should have 18-24 months forward testing experience, and your system should have 3-4 years of results which should be reliable.