Topic: My Cluttered Desk
I have been working with this wonderful software for a while now. I decided to start by generating strategies for the most liquid currency pairs, i.e. EURUSD, USDJPY, GBPUSD & AUDUSD. I have found that the smaller the time frame the more difficult it is to get a consistent strategy and seem to have reached a downside limit at the 30 minute time frame. I now have four Dell PC's running demo accounts 24/7 and at the same time generating improved strategies.
A recent incident nearby has influenced my strategies. A car hit a power pole and we were without power for nearly 5 hours whilst they repaired the cables. When this happened I then had no way to connect to the internet so I now ALWAYS have what I call a "PCI stop". This stands for Power, Computer, Internet. If I lose any of these the stop is with the broker so if the worst happens all my account can lose an amount down to the current stop loss level. I have found some generated strategies give much better results without a stop loss but I have now discarded these strategies. When generating strategies I always put in a permanent stop loss and tick the box that says "Do not change the Permanent Stop Loss"
I would like to thank Mr Popov for making this software freely available and creating this forum.