after the third “crash” we decided to terminate this test for the time beeing and re-start it later with a different set.
the main mission was accomplished, as the machine did create an initial gain of 321%.
however, the chance of a total loss is simply too great.
the EA would be able to maintain just like UB-Noise does, but it would need 4 times the funds to do so, and this would make it far less profitable in percentage terms.
please stay tuned, we will start a new Category once the tests have been completed in a few weeks.
meanwhile, we will use the VPS Slot to trade another instance of UB-Noise on CADCHF with an extremely low turnaround, as the funds on that account are not intended to be traded at all.
Yesterday the UB-Noise Test on the Russel2000 index (US2000) did finally come to the point where all trades were closed due to Margin-Calls.
This was expected to happen, the mission on this test was not to keep it alive, but to find out how much money it can make until it does happen.
Here is the summary:
With the account at 3.39$ now, we made a total profit of 5003.39$ in arround 7 Weeks. Which is 50.03% total gain.
Today we will re-deposit 10.000$ and start the test again for a 2nd round.
Starting September 21. GBPAUD startet to massively Rise .. with no pullback at all.Friday there
this caused a 58% Drawdown.
We Turned off AutoTrade, Placed a Short Order at the Peak of 3 Lots and waited it out.
at price then finally falled we experiences a 715$ Equity Raise, closed all trades and continue AutoTrade.
Total Gain as of then: +41.94%
that was a “close one”
the Drawdown caused however a Margin call on the Demo account that is used to Mirror the trades to the cTrader Network
i have not checked this account for a very long time … so i also placed a additionsl short order there to pay for the margin calls, which turned out just fine. here is a extra post about the Mirror-account.
after the margin call I added a Sell position manually on cTrader GBPAUD to pay for the loss caused bu the Broker terminating a few trades in the chain.
the position is now with 2300Euros in profit (stop level)
enabled trailing stop now .. as we are already green …Full Article
the Demo account that mirrors the Live account for the UB-Noise Strategy was margin called Last night.
sorry about that. i had not checked the balance on that account for ages, since this account is only used to copy trades to the cTrader Platform.
the Live account is still in massive drawdown (as expected) but all trades are still active there.