What a nice thread here - original CHEETAH method.
Read that thread and will understand CHEETAH method.
In short:
Make 12 in row profitable trades with risk/reward at least 1/1 - on every success trade, double next deal volume.
Seems the author of the original ChEETAH already did his mission - no more here in FF more than 1 year.
Now it is my turn.
I found 1 nice EA setup where in 7 years there were 11 times n=12 achieved. On average 1.5 times per year. And risk/reward 1/2.
Even if EA used just as it is.. it performed very good in backtests:
It might be too good to be true of course... backtests are an illusion maybe... ok ok.. i know..
BUT still... can you remember risk/reward 1/2 EA which do 12 wins in a row and do that 11 times in 7 years? I didnt saw so many EAs setups so far...Actually not a single one so far.. Till today!
But here is one (at least) doubtful situation - all trades are closed exactly 1 hour after midnight.. so here is weekends (closed on Monday night).. there are gaps. And have question about liquidity at that time for EURUSD and AUDUSD.... this might be problem in real life.
Anyway this thread is dedicated to CHEETAH method and find those win n=12 EAs setups.
In this thread will deal with various EAs ideas but the main target - anomalies that n=12 can be found very frequently. Then will try on live - when calculating the right approach. For example, have 10 attempts per year with 100 usd each and once do 400k in profits. Something like that.
Read that thread and will understand CHEETAH method.
In short:
Make 12 in row profitable trades with risk/reward at least 1/1 - on every success trade, double next deal volume.
Seems the author of the original ChEETAH already did his mission - no more here in FF more than 1 year.
Now it is my turn.
I found 1 nice EA setup where in 7 years there were 11 times n=12 achieved. On average 1.5 times per year. And risk/reward 1/2.
Even if EA used just as it is.. it performed very good in backtests:
It might be too good to be true of course... backtests are an illusion maybe... ok ok.. i know..
BUT still... can you remember risk/reward 1/2 EA which do 12 wins in a row and do that 11 times in 7 years? I didnt saw so many EAs setups so far...Actually not a single one so far.. Till today!
But here is one (at least) doubtful situation - all trades are closed exactly 1 hour after midnight.. so here is weekends (closed on Monday night).. there are gaps. And have question about liquidity at that time for EURUSD and AUDUSD.... this might be problem in real life.
Anyway this thread is dedicated to CHEETAH method and find those win n=12 EAs setups.
In this thread will deal with various EAs ideas but the main target - anomalies that n=12 can be found very frequently. Then will try on live - when calculating the right approach. For example, have 10 attempts per year with 100 usd each and once do 400k in profits. Something like that.