Great bot with low risk to test

[roesparc]

I got this bot, type goes out, that is working really well with low risk. I tested it over the past few days and it's making profit.

The payout is from around 125% to 280% depending on the market status (this payouts are what I've experimented so far, can be less, can be more). So, basically when the market status is more relaxed/controlled the payout is higher and when the market is more volatile the payout is lower but with more win rate.

The image I'm attaching is a 5+ hours test and running. As you can see, It have more losses than wins, but the payout is high and taking in count it have a low martingale you can expect consistent profit (maybe?).

The max martingale I've experienced at this point is $2.85 with a stake of $0.35. This is why I think this bot is low risk.

I noticed the bot is not doing well at nights and mornings GMT time, let's say from 01:00 to 13:00 for example. I think if we all test this bot and maybe make some adjustments to it, we can create a bot that can run for 24H everyday, maybe stopping it at certain times to lower the risk.

PS: I'm not a bot expert. I didn't make this bot.

GOES OUT.zip

[thanh301]

So it run for 5 hours and make 15$ profit? Quite small number dont you think?
P/s: Testing it right now

[roesparc]

@thanh301 I actually think is a good profit, taking in count the stake is $0.35

[xremmy]

I'm testing it also.
@thanh301 I don't think it is a small number considering his total risk. A 10% gain on capital a day is more than amazing if it can be done consistently. Even 3% gain daily is extraordinary. Consistency is the main thing.

[thanh301]

@rolastic @xremmy Yeah I see it now, the risk is very low due to the low martingale, I will run it for 24 hours to see how far it can goes. Seem very promising.

[mare69]

so wher is the point of BB and RSI?

[roesparc]

@mare69 I dunno Mr. 69

[roesparc]

Here is a test for 7+ hours. It had a pretty bad streak reaching $8.15 this afternoon GMT time. Could it be a way that this bot become more precise to reduce the bad streaks? Maybe changing the candle default time frame or/and adding another indicator. Usually the max bad streaks are around 7 losses, risking $6.15 (stake $0.35). I really think this bot has some potential.

I added to the bot a martingale step loss for managing bad streaks. By the example given in the screenshot, means it will stop trading once the bot hit a streak of 9 losses.

GOES OUT 1.9.zip

[buckman1974]

What country are you running this from if you don't mind me asking?
We can only do a maximum of 100 trades, then it stops on Live account.

i see some users here, running all day and over-night? I am not sure how they bypass this?

[roesparc]

@buckman1974 I'm testing it in virtual account. I Didn't know there was a limit of 100 trades for Live, still a noob in this thing. Why is the country relevant for?

[thanh301]

Here my result for 10 hours running, the highest martingale is 35$ with stake 2$. Pretty good I think

[roesparc]

@thanh301 thanks for sharing!

[thanh301]

I have reach max loss at around 4h30 GMT, 16 loss streak, seem like morning is not a good time for this bot
Reduce barrier should reduce the bad streak but it's also reduce the profit.

[roesparc]

@ZDEGLET I guess you are selecting the wrong trade type

[ZDEGLET]

Прошу прощения точно не туда смотрел удаляю свои выводы!!!

[roesparc]

@ZDEGLET All good :)

Today the bot hit the 9 loss streak for me as well leaving me with -$6.53 loss, but yesterday I had $18 profit after the bad streak hit, meaning that in 2 days I have a profit of $11.47. Let's see tomorrow how it goes, today was not a good day for the bot and I don't know why.

I'm thinking if there is someway to determine good times for the robot to operate and avoid at max bad streaks. Any idea?