Expert Advisors & Meta Trader 4 & Portfolio simulation
Budget: $10 – $30 USD
I have an issue and I'm wondering if you're the right fit for the project or if what I have in mind is even attainable.
I'm currently trading the gold market with different Expert Advisors on Meta Trader 4.
I recently came across a certain EA that is very profitable but of course, there is a catch. It consistently makes around 300-500$ a day with the smallest lot size of 0.01.
The EA uses hedging strategies in the Gold market and while it does so very well, there is always a risk that the market runs so far and fast, that your pockets are not deep enough as the equity drawdown moves exponentially against you.
I have in mind to create a portfolio simulation of the 3-4 EA that runs simultaneously and analyze the equity drawdown of all EA's working together over a long period of time. That way, you would be able to figure out where the drawdown levels usually lie and what the outliers are. With that information you could set security measures that close all trades once the usual drawdown level has been breached, indicating that it is likely that the drawdown runs further than usual.
I've attached a drawing to make it easier to understand.
If you have any questions feel free to message me anytime.
Thanks for your time.
I'm currently trading the gold market with different Expert Advisors on Meta Trader 4.
I recently came across a certain EA that is very profitable but of course, there is a catch. It consistently makes around 300-500$ a day with the smallest lot size of 0.01.
The EA uses hedging strategies in the Gold market and while it does so very well, there is always a risk that the market runs so far and fast, that your pockets are not deep enough as the equity drawdown moves exponentially against you.
I have in mind to create a portfolio simulation of the 3-4 EA that runs simultaneously and analyze the equity drawdown of all EA's working together over a long period of time. That way, you would be able to figure out where the drawdown levels usually lie and what the outliers are. With that information you could set security measures that close all trades once the usual drawdown level has been breached, indicating that it is likely that the drawdown runs further than usual.
I've attached a drawing to make it easier to understand.
If you have any questions feel free to message me anytime.
Thanks for your time.