Super Money Grid

Start Capital:
$2,000.00
# of Days Traded: 6 (Start = 12/29/11)

Profit:
$33.54 ($5.59 per calendar day)
1.44%

Float:
-$198.01
-9.90%

NAV:
-$164.47
-8.22%

 

Wow....look at that float! (Tournament of Roses Parade)

 

Start Capital:
$2,000.00
# of Days Traded: 6 (Start = 12/29/11)

Profit:
$36.93
1.85%

Float:
-$241.55
-12.08%

NAV:
$204.62
-10.23%

 

Balance - Equity indicator (from the public domain - MQL codebase)

 

Guests,

Be warned this is the type of EA that carries a high upl. I am posting a more accurate picture in the graph below of what to expect.

The bold orange red line is the banked profits (balance) and the steel blue line is the NAV (float).

Just now they are far apart...is time on the side of them getting closer together? This is the million dollar question (pun intended). After just 6 days we are already underwater by 10.23%. Gee...I hope I sized this account correctly...I do not like to see anymore than 30% underwater. Forex is volatile and higher drawdowns are to be tolerated. It took me years to get 15% max drawdown out of my head. In the other thread with the four EA's the Drawdowns are much less there.

http://www.elitetrader.com/vb/showthread.php?threadid=233987

The idea here is to size the starting balance correctly to survive long enough to where the NAV will swing to the positive side (>2k). If you analyze the grid and the dynamic nature of how it adjusts the average trade price to the movement of the pair...it is entirely possible to reach a positive NAV. The NAV will always be under the balance line but it will slope up eventually to where it will be above 2K.

Before this thread I have forward tested several versions of this same idea. This particular EA demonstrates that if you are patient that in one month or so you should reach positive NAV. I have achieved it several times in my earlier tests. I was hoping for some big moves to test further publicly in this thread. I am hoping for a highly analytical person to comment as to the feasibility of this EA to be able to achieve positive NAV.

My apologies to atticus and all of you for the earlier graphs I was posting which could have been misleading.

Thank you for reading and try to view this EA as an investment. or...TradeVesting ☺

ES
The bold orange red line is the banked profits (balance) and the steel blue line is the NAV (float).

 

Start Capital:
$2,000.00
# of Days Traded: 7 (Start = 12/29/11)

Profit:
$42.52
2.13%

Float:
-$271.49
-13.57%

NAV:
$228.97
-11.45%

bold orange red line = balance, steel blue line = NAV

 

Start Capital:
$2,000.00
# of Days Traded: 7 (Start = 12/29/11)

Profit:
$44.38
2.22%

Float:
-$321.64
-16.08%

NAV:
$277.26
-13.86%

 

Start Capital:
$2,000.00
# of Days Traded: 8 (Start = 12/29/11)

Profit:
$46.24
2.31%

Float:
-$320.94
-16.05%

NAV:
$274.70
-13.74%

 

Today's NFP was a non event. No extreme volatility experienced.

Start Capital:
$2,000.00
# of Days Traded: 8 (Start = 12/29/11)

Profit:
$49.18
2.46%

Float:
-$320.03
-16.00%

NAV:
$270.85
-13.54%

 

Start Capital:
$2,000.00
# of Days Traded: 8 (Start = 12/29/11)

Profit:
$51.05
2.55%

Float:
-$318.15
-15.91%

NAV:
$267.10
-13.36%