Trading Diary, page-21

Well, I have been doing some tests with some okay results. There's still a long way to go though.

I have setup some EA's on demo bots to test the idea above. They can be found here:

http://www.myfxbook.com/members/hibikidan333

On the first day, I was up about +25%, that dropped today to -17% so far. I'll might post the final figure for today later.

I am now going to extend the idea of a randomness by combining it with the 'perfect trade' principle.

Let's stay with the rules of the random trading system, that is:
* Trades need to be random in nature
* Trade every tick

With this, how can we create a random trading system that has the following characteristics?:
* maximizes frequency of wins (perfect trade most times)
* maximises expectancy
* minimizes drawdown

Well folks, here's my artist rendition of that system:


Red = 2:0 sell
Orange = 2:1 sell:buy
Yellow = 2:2 sell:buy
Light green = 1:2 sell"buy
Dark green = 0:2 sell:buy


I am in the process of tweaking my random bot system to fit this criteria. I will share the results later.