DD Reduction Algorithm

Avatar
  • updated
  • Completed

We need DrowDown Reduction Algotitm with Martingale!

We have 5 deals in short. DDRA will open deal in Buy with same lot as first (if Number order for DDRA=1) deal in Short, and close both then reach equal loss and profit (or pip\% profit). It is necessaty to stay alive then we see Bullrun. It will be another deals chain for Reduce lose deals.

It may be variables:

  • DD Reduction Algorithm - drawdown reduction algorithm it when last order with profit will be close with first order series with loss. True\False
  • Number order for DDRA - from which order the drawdown reduction algorithm is activated.

  • Profit for DDRA – percentage of profit when closing orders in the drawdown reduction mode.

Simple example without profit:

XAUUSD Sell lot 1 on 1730 = XAUUSD Buy lot 1 on 1735

XAUUSD Sell lot 2 on 1735 = XAUUSD Buy lot 2 on 1740

XAUUSD Sell lot 3 on 1740 = XAUUSD Buy lot 3 on 1745


Avatar
0
Sai Pratap
Quote from ali yıldırım

I couldn't find settings for DD Reduction at 2.34. Can you help? 

DD reduction is thru methods like partial close, hedge etc. U may try using them for developing a set with lesser DD.

Avatar
0
ali yıldırım
Quote from Andrey Khatimlianskyi

I'll release it in the market soon. Just sent it to you.

I couldn't find settings for DD Reduction at 2.34. Can you help? 

Avatar
0
Andrey Khatimlianskyi
Quote from Ocxy Codine

any timeline for patreons?

I'll release it in the market soon. Just sent it to you.

Avatar
0
Ocxy Codine
Quote from Andrey Khatimlianskyi

Finally done in 2.33. Will be available soon.

any timeline for patreons?

Avatar
3
Andrey Khatimlianskyi
  • Completed

Finally done in 2.33. Will be available soon.

Avatar
1
travis pipkin

Just my humble opinion...

Lets say you set DD limit at 20%.

Wouldn't it be much simpler to just start closing orders that are the farthermost away from current position. So if DD = 20% close order 1 or order 1 and 2. Keep the martin set running as usual. (use fix step when DD is under 15% and start adding step coefficient when DD is over 15%).

I prefer to just take a small loss and try to get out of the position as soon as possible to start again. 

Avatar
1
Andrey Khatimlianskyi
  • Started
Avatar
0
GregoryAFX
Quote from Kramarev

Wow! I also want to reduce my DD by 50%! What bot are these screenshots from?

Hi. This bot not available more, because autor was banned depeds fraud with reviews. But you can find another bots with keywords.

Avatar
0
Kramarev
Quote from GregoryAFX

Screens just for example from another bot.

Without DDRA DD66%. 

With DDRA DD33%.

Wow! I also want to reduce my DD by 50%! What bot are these screenshots from?

Avatar
1
GregoryAFX

Screens just for example from another bot.

Without DDRA DD66%. 

With DDRA DD33%.