Hello!
I wanted to start a thread about your thoughts on this strategy I’m currently using with the Top 10 EAs. I’ve been testing and refining it for a short period ( only two or three weeks so far).
Below are high-level bullet points – I wanted to keep this original post short and high-level.
Your thoughts, comments, questions, suggestions, and concerns are all appreciated, as I’ll use these to keep refining the strategy.
Thank you!
Strategy:
- I download all the EAs from each pair, besides Silver, into their respective Portfolio EA
- I add them into an MT account with 0.01, except ETH, which I set to 0.05
- I’ll spread this task out at different times, three or sometimes four times a day, and let them run.
My Thought Process:
- These EAs have been rigorously back-tested, Monte Carlo, and essentially forwarded tested. In the long run, over thousands of trades, they should produce more profits than losses.
- By adding more strategies that make it to the Top 10, the Overall Portfolio becomes more diverse and balanced.
- EAs that continue to stay in the Top 10 will have higher weights within my Overall Portfolio.
- Spreading out when the Portfolio EAs are added diversifies the Overall Portfolio, as even if I add the same strategy, they can potentially take different trades, as strategies can be locked out from entering new trades for up to weeks if they currently have a trade open.
Goals:
- A balanced Overall Portfolio, with a graph moving smoothly to the top right.
- As the Topic Title suggests, I want to get to 10,000 closed trades a day.
The screenshot below of my MyFXBook’s Overall Portfolio for this week is attached, which includes just over 1500 closed trades across 9 pairs, different strategies within each Portfolio EA, starting at different times. This is across 14 different MT accounts, as you can imagine adding 9 Portfolio EAs several times a day includes opening a good amount of charts daily and it can take up space, hence why I’m currently using 14 different MT accounts. It’s taken at 11:30pm NY Time – That’s a few hours over 2 FX trading days:
