How many of your algos lost money last week?

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Viewing 15 posts - 1 through 15 (of 38 total)
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  • 11/13/2021 at 10:49 PM #181552
    nonetheless

    I’m running 16 bots. In the long term they’re all well in profit but last week 12 of them lost money, a sizeable drop.

    Curious to know how others fared, if this is typical across the board? Maybe some market conditions are just impossible to code for. Bull trap followed by bear trap and you just have to suck it up …

    Any thoughts?

    11/13/2021 at 11:20 PM #181553
    GraHal

    I had numerous bots on my Demo Accounts lose last week, long term the same bots are showing good profits.

    11/14/2021 at 9:21 AM #181556
    yoocesar

    Most of them with severe losses, specially in NASDAQ. Just one with profits but negligible.

    11/14/2021 at 9:50 AM #181557
    phoentzs

    I think that’s because many long bots are operated with very large SLs. These seldom lose, but when they do, they lose properly. like last week.

    11/14/2021 at 10:21 AM #181558
    Mauro T. “Algorithm System”

    Hello … Taking into consideration all the transactions closed from 8 to 12 November of the 13 algorithms that I manage in my store, I had a positive balance of 630 euros.
    4 Algorithms did not do any operation … 6 are positive and three negative …. I do not consider the operations open at this moment as it is not possible to know how they will close but at this moment they have a positive balance of 225 euros.
    Hello
    Mauro

    11/14/2021 at 11:32 AM #181561
    JS

    7 algos running (trend / long only)

    1 algo closed last week with profit

    6 algos still running but overall latent profit down with approximately 20%

    11/14/2021 at 11:54 AM #181563
    phoentzs

    I feel like I’m right I had the last three algos that were active. Also all long. One with TP, one with trailing stop and one with a small loss. The bottom line is a profit. May I ask how high your SL are set for your Algos? For me, nobody runs with a SL higher than 1%.

    11/14/2021 at 12:14 PM #181565
    Link

    Only one bot of six bots (3 bots are similar) with an operation with economic damage, in the Dow Jones index.

     

    However, the Nasdaq operation after approaching Take Profit, closed with breakeven.

    11/14/2021 at 12:53 PM #181567
    JS

    @phoentzs

    I don’t use any SL or TP in my algos, the system “rules” determine when to buy or sell.

     

    11/14/2021 at 12:58 PM #181568
    nonetheless

    the results seem quite mixed, most reporting losses while others were immune to the bad weather. I’m still up 22% half way through the month so nothing to complain about, but for those who saw minimal downturn last week – Mauro, Skynet – would you say it was due to better entry conditions or better exit? Some key filter that keeps you out of a choppy market? Longer TFs worked better than short, or vice versa?

    1 user thanked author for this post.
    avatar GraHal
    11/14/2021 at 1:59 PM #181569
    phoentzs

    @JS According to which rules do you define the exit? Without asking for your secrets.

    11/14/2021 at 2:06 PM #181570
    Mauro T. “Algorithm System”

    Hi nonetheless, entering more specifically it does not depend on the time frame but on how the algorithm is set, the dow jones 15 Minutes I have in the store operates both short and long so it has no problems when the market goes down …. I have a ‘ another 15 minutes on US500 only long that closed a trade with a small profit with the trailing stop and is now earning 300 euros by entering on November 12 on the lows (not in store), those I have on two hours, 2 have had a loss and the other 6 closed with a good profit with the trailing stop.
    Hello
    mauro T.

    11/14/2021 at 2:20 PM #181573
    JS

    @phoentzs

    All my entry’s and exits are based on the standard deviation.

    11/14/2021 at 2:25 PM #181574
    Mauro T. “Algorithm System”

    Normally the algorithms to have an excellent functioning over time, often the difference is made by the entry to the market that one manages with filters, and the management of the trade once it has entered the market, normally takes place more easily with long time frames.
    Hello
    Mauro

    11/14/2021 at 2:43 PM #181576
    nonetheless
    Mauro wrote:

    normally takes place more easily with long time frames

    I think that is probably key to why you did better over the past week. Mine are mostly running on 2min and 5min TF, not a problem in a proper downturn but if you look at the DAX, it’s been sideways since Nov 4. Still making new highs but in a non-committal sort of way … 15m TF is less likely to get confused by that.


    @JS     – standard deviation def something to look into, I’ve never worked with that. 👍

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