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Author Topic: Max Mixed Hedging DC  (Read 210 times)

YoG12

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Max Mixed Hedging DC
« on: September 24, 2019, 04:06:33 AM »
What do you think about "Max Mixed Hedging DC " EA?
https://www.mql5.com/ja/market/product/32948#
https://www.myfxbook.com/members/_Setslav_/max-mixed-hedging-dc/2722921

I've run MMHDC on 4 different brokers from May 2019.
Current achivement is

Broker1 Gain +3.82% MaxDD 3.56% CurrentFloatingDD -1.86%
Broker2 Gain +2.47% MaxDD 1.56% CurrentFloatingDD -1.56%
Broker3 Gain +5.26% MaxDD 5.44% CurrentFloatingDD -1.36%
Broker4 Gain +3.97% MaxDD 2.89% CurrentFloatingDD -1.23%

Each account have $10000, and lot size is fixed 0.01.
This is good gain and DD for me and I can be relieved this size.

I know grid system is danger.
But this system is multi currency hedging strategy.
Each pair grid count is limited to 5.
Additionally, my lot size is minimum.

But I'm wondering whether I keep using it or not.
I want to hear "Forex Expert" opinions here.

Jimmy

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Re: Max Mixed Hedging DC
« Reply #1 on: September 24, 2019, 06:31:37 AM »
It depends on whether the system has a true long term statistical edge over the market or not. If it doesn't, then the hedge/grid system is just buying time before its eventual doom. If you use smaller lots, it won't crash the account completely, but over the long term your will definitely end up with an overall loss.

The system you mentioned has the typical feature of holding losing trades and the official account has already experienced a DD of 43% so far in the last 12 months.

Also, the official account only has 550 trades so far - which is not statistically significant enough to prove that it has a long term edge over the market (for example, SFE Price Action already has nearly 22K trades over the last 4 years).

I believe the system you mentioned will eventually get a large loss at some point that's not recoverable - it's just a matter of when. :)

YoG12

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Re: Max Mixed Hedging DC
« Reply #2 on: September 25, 2019, 07:26:09 AM »
Your word
"It depends on whether the system has a true long term statistical edge over the market or not."
sounded in my heart and remembered past experience.

I've used "one currency grid system" before.
I've won continually but I had something bad feeling, so I've stopped it.
Afterwards, I checked his page, He got unrecoverable loss!

Maybe I knew I shouldn't use this kind of system.
But I can't decide now, because I got money steadily.
Thank you for your opinion.
 

Jimmy

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Re: Max Mixed Hedging DC
« Reply #3 on: September 25, 2019, 08:33:51 AM »
Yes all systems without a long term statistical edge will eventually crash, just like all those casino betting systems out there. Below is the classic graph for all grid/martingale systems without a long term statistical edge - whether it's a casino betting system or a forex trading system! ;)


Attractor

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Re: Max Mixed Hedging DC
« Reply #4 on: September 26, 2019, 12:43:48 AM »
First of all, the only goal that searches this kind of hedge is keep the balance line in continuous uptrend. Is only a commercial trick for get more customers, because with the current swaps of the brokers, keeping positions hedged is an unecessary lose of money.
If you see for example the swaps of ICMarkets which are good in comparison to others, you have a continuous lose keeping orders hedged...

                      LONG   SHORT
EURUSD     -11.15   5.97
GBPUSD    -8.61   1.90
     
If hedge a position have this cost, why not close positions? or if the system uses the hedged positions as references for the next movements, why not use pending orders as marks which are free?
Well, I think I know why.


Attractor

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Re: Max Mixed Hedging DC
« Reply #5 on: September 26, 2019, 12:54:00 AM »
Another think to worry about seeing the charts of the signals... where is the level to begin to close the positions with global loses? because I can't see any retracement in the balance ever. Then, behind this system, are this magical goal for not accept loses ever, and the final of this is always the same, soon or later the account will broke.

This trio of EAs, are quite new, but the seller has been a long time in the mql5 market, where are all the previous EAs and signals?

YoG12

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Re: Max Mixed Hedging DC
« Reply #6 on: September 26, 2019, 02:57:39 AM »
Thank you for your opinion. Mr.Joel.
I also worry about cannot backtest easily.
I don't know he has "edge" or not.
Because he is multi currency hedging strategy.

I have 5 years experience of forex.But I strongly felt I'm just a newbie.
I have to study on this site continually.

I've been fighting alone in forex market.
Thank you for opening such a wonderful discussion site.

Attractor

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Re: Max Mixed Hedging DC
« Reply #7 on: September 27, 2019, 12:01:47 AM »
Thank you for your opinion. Mr.Joel.
I also worry about cannot backtest easily.
I don't know he has "edge" or not.
Because he is multi currency hedging strategy.

I have 5 years experience of forex.But I strongly felt I'm just a newbie.
I have to study on this site continually.

I've been fighting alone in forex market.
Thank you for opening such a wonderful discussion site.

I'm not talking about this developer, but I want to say some things about the backtest.

The backtest is overrated, is proportionally reliable to the reliability of the seller.
Is very easy when you program a EA, overoptimize the EA or even manipulat the EA knowing what happened in the past. For example, if you have an EA of the kind little continuous growth with punctual big DD or wipe of the account, is as easy bypass the trades where this happened.

If the backtest of an EA is bad or average, the EA will be a loser 100%. If the backtest is very good, there is a chance, but in general for some reason or other don't mean nothing either definitive.

Only the backtest since the date of publication and even more, the real performance, are the real proof.