The important thing here is that, through your questions and research, you show others here that algon has a stoploss and thus as safe/unsafe as all other algos 🙂
Yes.
100% profit systems are always suspicious (obviously). So as a seller one should do his/her ultimate best to convince that all is decent. And well, you just did that.
Strange question regarding the latter : you should show a backtest which makes clear the consequences of a loss or two (just run that over a longer period). Thus what I’m saying : It still will be coincidence that you achieved the 100% profit over the period of concern. I just showed that coincidence too and could show the coincidence of the contrary with the same system. Well, see below in the first attachment. This shows what happens with only ~50% win rate. But hey, what’s that in the 2nd attachment then ?? again 100% the same system but with 72% win rate and now loss.
Interesting ?
This is from backtesting. But I could show you these examples from Live just the same. Oh well, see 3rd attachment.
You are absolutely right. I always do longer backtests and optimize for 1M, but as for this algo I created it by “mistake”. I started it with the intention of running for both long and short but by mistake I had commented out long. As you can see, it has been running since March. And what are they saying.
don’t fix it if it ain’t broken
Having said that, the algo works very well apparently live and thus I have published it for those of you who are interested 🙂
I will be happy to receive your comments and input on other algos that I have for free trial.
https://market.prorealcode.com/product/nordicalgos-ws-2m/
https://market.prorealcode.com/product/nordicalgos-ws-3m/
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