Drawdowns safety

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10/28/2020 at 7:58 PM #148822 quote

Fran55
Participant

Veteran

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

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

AutoStrategist
Participant

Veteran

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

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

Fran55
Participant

Veteran

Ni partially close operations.

Nexts operations with 50\100 money.

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

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

Veteran
```
if maxprofit>x then
size=2
else
size=1
endif
```
10/29/2020 at 3:28 PM #148910 quote
robertogozzi
Moderator

Master
There you go:
```
Once MaxProfit   = 0
Once InitialSize = 1
MaxProfit        = max(MaxProfit,StrategyProfit)
LotSize          = InitialSize
If MaxProfit > StrategyProfit Then
   LotSize = InitialSize / 2
Endif
```
10/29/2020 at 3:40 PM #148911 quote

Fran55
Participant

Veteran

Ok Roberto, thanks.

I insert your Code and i say tomorrow.

Much thanks!

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

Fran55
Participant

Veteran

Thanks Roger, so.

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

Fran55
Participant

Veteran

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.

Screenshot_1.png

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

robertogozzi
Moderator

Master

Make an example, please.

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

Fran55
Participant

Veteran

The graphic!!!… ?

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

robertogozzi
Moderator

Master

Text is enough

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

Fran55
Participant

Veteran

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!

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

nonetheless
Participant

Master

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.

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

Fran55
Participant

Veteran

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! 🙂

Screenshot_1.png Screenshot_2.png Screenshot_3.png

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

GraHal
Participant

Master

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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