New EA Amenothes EA

Still lurking & praying...

 

Heavy open positions just now. DD is manageable still. But with this high exposure shit can happen. Marty players are hurting now.

Profit Target $4.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,066.85, Profit: +$71.10, ROI=1.18%*, 0.01 LotSize, Grid Style Trades.
Estimated $152.36/Mo.**, Estimated 2.54%/Mo.***
16 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.95 (1.75%****)
Current Drawdown: -$28.86
Profit to Max DD seen RATIO: inverted ***** (HWM 1.70:1) Read Here
# of Calendar days of Forward-Testing = 14
Free Third Party News Filter: click here
ATR Table:Click Here

Profit Target $8.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,087.55, Profit: +$87.55, ROI=1.46%*, 0.01 LotSize, Grid Style Trades.
Estimated $187.60/Mo.**, Estimated 3.13%/Mo.***
20 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.12 (1.73%****)
Current Drawdown: -$55.09
Profit to Max DD seen RATIO: inverted***** (HWM 2.46:1 ) Read Here
# of Calendar days of Forward-Testing = 14
Free Third Party News Filter: click here
ATR Table:Click Here

* Profit/Start Bal
**Profit/#of calendar days traded*30
***Profit/#of Calendar Day*30/Start Balance
****Max FloatingDD seen/Start Bal
***** Profit/Max Floating DD seen

ElectricSavant

 

T

Thank you for your detailed report. I appreciate .

 

Thanks for reading Stulibovu.

ElectricSavant

 

I honestly do not know which profit target is best. Perhaps the next tests should be $5.00 & $10.00. If I had to pick I guess it would be the smaller TP because it might be less exposed. These Forward-Tests tell us a great deal.

Profit Target $4.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,084.84, Profit: +$84.84, ROI=1.41%*, 0.01 LotSize, Grid Style Trades.
Estimated $169.68/Mo.**, Estimated 2.83%/Mo.***
0 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.95 (1.75%****)
Current Drawdown: 0
Profit to Max DD seen RATIO: inverted ***** (HWM 1.70:1) Read Here
# of Calendar days of Forward-Testing = 15
Free Third Party News Filter: click here
ATR Table:Click Here

Profit Target $8.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,087.55, Profit: +$87.55, ROI=1.46%*, 0.01 LotSize, Grid Style Trades.
Estimated $175.10/Mo.**, Estimated 2.92%/Mo.***
21 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.12 (1.73%****)
Current Drawdown: -$33.71
Profit to Max DD seen RATIO: inverted***** (HWM 2.46:1 ) Read Here
# of Calendar days of Forward-Testing = 15
Free Third Party News Filter: click here
ATR Table:Click Here

* Profit/Start Bal
**Profit/#of calendar days traded*30
***Profit/#of Calendar Day*30/Start Balance
****Max FloatingDD seen/Start Bal
***** Profit/Max Floating DD seen

 

HeHe I feel like a sports announcer!

Since this trades all 28 pair....there is always something going on! For example in the heavily exposed $8.00 TP EA the GBPUSD and the AUDUSD is dragging the float down. BUT....we got the CHF counter balancing. The floating balance is ticking very quickly all over the place because there are 21 open trades at 0.01. If it hits plus 8 bucks "Equity Sentry" is there to take all those trades OUT.

Market is trending.

Profit Target $4.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,091.97, Profit: +$91.97, ROI=1.52%*, 0.01 LotSize, Grid Style Trades.
Estimated $183.94/Mo.**, Estimated 3.07%/Mo.***
0 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.95 (1.75%****)
Current Drawdown: 0
Profit to Max DD seen RATIO: inverted ***** (HWM 1.70:1) Read Here
# of Calendar days of Forward-Testing = 15
Free Third Party News Filter: click here
ATR Table:Click Here

Profit Target $8.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,087.55, Profit: +$87.55, ROI=1.46%*, 0.01 LotSize, Grid Style Trades.
Estimated $175.10/Mo.**, Estimated 2.92%/Mo.***
21 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.12 (1.73%****)
Current Drawdown: +$1.35
Profit to Max DD seen RATIO: inverted***** (HWM 2.46:1 ) Read Here
# of Calendar days of Forward-Testing = 15
Free Third Party News Filter: click here
ATR Table:Click Here

* Profit/Start Bal
**Profit/#of calendar days traded*30
***Profit/#of Calendar Day*30/Start Balance
****Max FloatingDD seen/Start Bal
***** Profit/Max Floating DD seen

ElectricSavant

 

I joined your Telegram Channel TY

ES

 

I meant to say it is a RANGING MARKET.

 

A nice way to to end the week.

Profit Target $4.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,091.97, Profit: +$91.97, ROI=1.52%*, 0.01 LotSize, Grid Style Trades.
Estimated $183.94/Mo.**, Estimated 3.07%/Mo.***
0 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.95 (1.75%****)
Current Drawdown: 0
Profit to Max DD seen RATIO: inverted ***** (HWM 1.70:1) Read Here
# of Calendar days of Forward-Testing = 15
Free Third Party News Filter: click here
ATR Table:Click Here

Profit Target $8.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,102.72, Profit: +$102.72, ROI=1.46%*, 0.01 LotSize, Grid Style Trades.
Estimated $205.44/Mo.**, Estimated 3.42%/Mo.***
0 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.12 (1.73%****)
Current Drawdown: 0
Profit to Max DD seen RATIO: inverted***** (HWM 2.46:1 ) Read Here
# of Calendar days of Forward-Testing = 15
Free Third Party News Filter: click here
ATR Table:Click Here

* Profit/Start Bal
**Profit/#of calendar days traded*30
***Profit/#of Calendar Day*30/Start Balance
****Max FloatingDD seen/Start Bal
***** Profit/Max Floating DD seen

ElectricSavant

 

Still Trading. "Profit to Max DD seen ratio" has recovered as predicted in the TP $8.00 and now stamps in at 1.06. This is an important benchmark for all EA's. If you wish to have strict filtering here try this....60 Days Forward-Test or more with No DD >$250.00 with a strong positive Ratio. Backtesters require 10 years, Forward-Testors require 60 days...pick your poison, eventually all EA's will fail you (prove me wrong!) no matter if you curve-fit or not.

"quote of the day"
“why is it that martingale continues to wipe accounts but people still love them? It reminds me of drugs; you take it and you feel good (the EA starts to make profit). Then the effects wear off and you feel like shit ( the EA blows your account). Then the cycle continues because you tell yourself this time things will be different but the same thing happens.”

Profit Target $4.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,096.08, Profit: +$96.08, ROI=1.52%*, 0.01 LotSize, Grid Style Trades.
Estimated $180.15/Mo.**, Estimated 3.00%/Mo.***
9 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.95 (1.75%****)
Current Drawdown: -$14.38
Profit to Max DD seen RATIO: inverted ***** (HWM 1.70:1) Read Here
# of Calendar days of Forward-Testing = 16
Free Third Party News Filter: click here
ATR Table:Click Here

Profit Target $8.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,110.81, Profit: +$110.81, ROI=1.85%*, 0.01 LotSize, Grid Style Trades.
Estimated $207.77/Mo.**, Estimated 3.46%/Mo.***
10 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.12 (1.73%****)
Current Drawdown: -$12.31
Profit to Max DD seen RATIO: 1.06***** (HWM 2.46:1 ) Read Here
# of Calendar days of Forward-Testing = 16
Free Third Party News Filter: click here
ATR Table:Click Here

* Profit/Start Bal
**Profit/#of calendar days traded*30
***Profit/#of Calendar Day*30/Start Balance
****Max FloatingDD seen/Start Bal
***** Profit/Max Floating DD seen

ElectricSavant

 

This EA keeps getting flat ...then the DD stretches to return to getting flat, taking profit each time. The trick is to calibrate the "close-all distance" correctly. I am beginning to think that the next test might be $5.00 and $10.00 after 60 days of this test. ok? what do you folks think?

Profit Target $4.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,100.41, Profit: +$100.41, ROI=1.67%*, 0.01 LotSize, Grid Style Trades.
Estimated $167.35/Mo.**, Estimated 2.79%/Mo.***
2 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.95 (1.75%****)
Current Drawdown: -$0.16
Profit to Max DD seen RATIO: inverted ***** (HWM 1.70:1) Read Here
# of Calendar days of Forward-Testing = 18
Free Third Party News Filter: click here
ATR Table:Click Here

Profit Target $8.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,119.19, Profit: +$119.19, ROI=1.99%*, 0.01 LotSize, Grid Style Trades.
Estimated $198.65/Mo.**, Estimated 3.31%/Mo.***
2 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.12 (1.73%****)
Current Drawdown: -$0.10
Profit to Max DD seen RATIO: 1.14:1***** (HWM 2.46:1 ) Read Here
# of Calendar days of Forward-Testing = 18
Free Third Party News Filter: click here
ATR Table:Click Here

* Profit/Start Bal
**Profit/#of calendar days traded*30
***Profit/#of Calendar Day*30/Start Balance
****Max FloatingDD seen/Start Bal
***** Profit/Max Floating DD seen

ElectricSavant

 

Hi ES, try a nice 'middle ground' 5-6 bucks.

kind regards

 

Ok 5 or 6 bucks...what should the big one be? or should I just test one?

 

Short and sweet, just the one.

regards

 

Hello everybody! It has been 7 calendar days without any action! We now have both TP's reporting positive "Max DD seen Ratio's". Please note that there were over 100 open positions noted in each of these EA's. Equity Sentry closed them all very quickly when the TP's hit!


Profit Target $4.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,108.93, Profit: +$108.93, ROI=1.81%*, 0.01 LotSize, Grid Style Trades.
Estimated $142.08/Mo.**, Estimated 2.37%/Mo.***
0 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.95 (1.75%****)
Current Drawdown: 0
Profit to Max DD seen RATIO: 1.04:1 ***** (HWM 1.70:1) Read Here
# of Calendar days of Forward-Testing = 23
Free Third Party News Filter: click here
ATR Table:Click Here

Profit Target $8.00 ("Close-All" w/Equity Sentry)
Demo Amenothes V1.72. M30, 28 pair, DD_StoplossPCT= 50.0, w/News Filter, ATR Balanced PipStep Multiplier and Pip Step, Manual Lot=0.01, Floating TP Pct= 0, DollarTP= 10.0, Lot Multiplier=1.00, EndTradeDay: Friday.

Time started: 04/28/2021, 14:00 Arizona Time (USA) Start Balance $6,000.00
Balance $6,127.75, Profit: +$127.75, ROI=2.13%*, 0.01 LotSize, Grid Style Trades.
Estimated $166.63/Mo.**, Estimated 2.78%/Mo.***
0 open positions (No Hedging or Martingale)
Max Floating Drawdown seen: -$104.12 (1.73%****)
Current Drawdown: 0
Profit to Max DD seen RATIO: 1.23:1***** (HWM 2.46:1 ) Read Here
# of Calendar days of Forward-Testing = 23
Free Third Party News Filter: click here
ATR Table:Click Here

* Profit/Start Bal
**Profit/#of calendar days traded*30
***Profit/#of Calendar Day*30/Start Balance
****Max FloatingDD seen/Start Bal
***** Profit/Max Floating DD seen

ElectricSavant

 

Today marks the 30th day of Forward-Testing for amenthos v1.71 M30... I have nothing to report since the last report. The Max DD seen has increased since the last report and is nearing a point where I stop Forward-Testing...we shall see. Higher TF's may be necessary.

Have a nice Weekend Everybody! Here in the USA it is Memorial Day weekend.

ElectricSavant

 

Going Forward. I think this is a good place to stop the Forward Test.

I hope that my contribution has helped explain how this EA works and my Thanks goes out to alcazard and the readers here.

Good Trading to all of You.

ElectricSavant

 

Many thanks for your time and resources spent on this ES.
You are very much appreciated.

Kind regards

 

It was fun lets do it again!
ES

 

Which broker did you check this EA at? Has anyone been profitable with Amenothes EA yet. It's very hard to find a satisfactory EA