Failing challenges

Tagged: daily stop, Failing challenge

This topic has 5 replies, 5 voices, and was last updated 2 weeks ago by Daan Terstegge.

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- December 5, 2024 at 13:02 #382445
  
  Louie Moore
  Participant
  
  Need some help please as currently failing a challenge, been running various of top performing robots, with standard prop settings (100k, 5% daily loss, 10% total loss, 0.5% risk, 1% randomization) seeing losses increasing. I appreciate markets are turbulent at the minute, however top weekly, monthly and yearly bots are all hitting stop loss.
  
  Any advice on set up or EA selection to see some winners?
  
  EAs tried;
  
  BTCUSD 1655393512, EURGBP 1566083423, EURGBP 866858613, GBPUSD 1518858353, USDJPY 1832248228, XAGUSD 1984165622, XAUUSD 1611800265
- December 6, 2024 at 12:56 #382566
  
  Louie Moore
  Participant
  
  Getting worse by the day! Any support appreciated before hitting 10% stop out ?!
  
  see todays losses attached. Balance $94k
- December 17, 2024 at 21:21 #384363
  
  Valentina Bolatto
  Participant
  
  Hi Louie, were you able to solve the issue? I am facing the same problem with different eas. For example with gold 465 which inin the first 5 of monthly, 1 of 1 or 5 Years (i’m not sure) but today it started 6 trades and all hit sl. :-(
- December 20, 2024 at 0:36 #384822
  
  A Bailey
  Participant
  
  Not sure if this helps but I had the same problem for past couple of months just trading top 3 monthly or yearly bots. what i,m doing now is trading the top 10 on 2 demo’s (one top 10 yearly the other top 10 monthly) at 0.5% risk and am currently up 4% profit in 1 week. Also closing some trades out early seems to have helped me.
- December 23, 2024 at 10:32 #385334
  
  27shells
  Participant
  
  USDJPY is in an uptrend, need to focus on Buys, not sells. GBPUSD is in a downtrend, need to focus on sells. Does the EA that you’re using allow to only trade one direction? You may need to set it to that. Always take a look at the higher timeframes before letting these loose on your money. :)
- December 26, 2024 at 17:14 #385858
  
  Daan Terstegge
  Participant
  
  Another idea: download the bots, do a backtest, than come back 3 months later and do another backtest. If the bot is still profitable than you probably have a better chance that the bot will stay profitable for some time.
  In general these bots are quite over-optimized, with a high likelyhood of failure when starting live. The fact that they now indicate which part of the equity curve shows out of sample data is also helpfull in selecting bots that have a track record in live-conditions.
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