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Beauty-Rex

CHEETAH - CHEETAH - CHEETAH - CHEETAH - (Reloaded)

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If you read that discussion, you will grasp the CHEETAH approach.

In a nutshell, make 12 profitable deals in a row with a risk/reward ratio of at least 1/1 - on each successful trade, double the next deal volume.

It appears that the author of the original ChEETAH has completed his purpose - he has not been present on FF for more than a year.

It's now my time.

I discovered one nice EA setup in which 11 times n=12 were achieved in 7 years. Every year, on average, 1.5 times. And risk/reward is half.

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Of course, it could be too good to be true... maybe backtests are an illusion... alright, ok.. I know..

BUT... do you remember the risk/reward 1/2 EA that did 12 wins in a row 11 times in 7 years? So far, I haven't seen many EA setups... So yet, there hasn't been a single one. Until today!

But there is one (at least) questionable situation: all trades are closed exactly one hour after midnight. This means that there are gaps on weekends (closed on Monday night). And there was an issue regarding liquidity at the moment for EURUSD and AUDUSD.... this may be a problem in real life.

In any case, this discussion is focused to the CHEETAH technique and finding those win n=12 EAs setups.

This thread will discuss many EA ideas, but the main focus will be on anomalies that n=12 can be found quite frequently. Then, while calculating the best method, we'll try it out live. For example, make ten attempts per year at $100 each and profit $400,000. That sort of thing.

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Set up that EA to run with a small real money account of 100 USD and see how it goes. At the moment, there is no need to look for n=12. Instead, observe how it performs over a period of time, such as a month. Meanwhile, continue to optimize and determine the best approach for the 2022 cheetah hunting season.

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How is it that this is still included in Trading Systems?

There are no trade parameters that I can see.

The other thread contains extensive mathematical information on how to double your money.

However, there is still no information on how to trade...

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There is nothing ready to "take and use".. the "system" is in mind, and the main goal of the "system" to find is that it must consistently give win series with n = 12. Normally, I focus on the profitability of strategies... but here, I'm more interested in getting a risk/reward 1/1 win series than I am in getting deal-by-deal profits. Concentrate on that.

The original CHEETAH thread was located in the "Trading systems" section. Maybe I'll come up with a "system" with n=6 or n=4 or something similar. This is a strategy for betting on winning series. Why isn't it called a "system"?

In any case, if the FF admins believe this is not the appropriate location, it can be moved to the "Trading journal" section.

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It does not seem relevant to me "how," because finding anomalies with n=12 "strategies" may be strange.

On MT5, it is possible to use "Custom optimization" in an EA, which I have never used before, so I will use it to find the best setups based on win series n=X and how frequently they repeat. Long-term, deal-by-deal, that could wipe you out... but if you catch a win series where the next deal is x2 volume, that one series can cover all of your losses and make a profit.

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Such a reaction indicates that I am on the right track because this idea is out of the ordinary. I started my other threads in the same way... with an idea, then EAs, and now those EAs have been running for over a year.
And here you can see what comments were made at the beginning of, say, this thread. And? I'm using averaging/martingale, but with a stop loss (never hit so far, and never hit in 10 years backtests). Have an SL of 20%. All those yelling "you'll lose all your money"... But, yes, a lot of "gurus" nailed me in the beginning... where are they now? Can any of them demonstrate how they performed last year?

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I described how I do receive comments and suggestions for improvement. I exchange my ideas/results for others' ideas/results. If you read through my other threads, you'll notice that I receive advice from others on how to improve and what to consider. victory victory. and I do not provide executive assistants; rather, I provide ideas and concepts. Each FF reader is free to create his or her own EA based on ideas. If you are unable to code, I believe you should first learn to code and then begin trading.

Bear in mind that I share a large number of my accounts on myfxbook and here on TEs, which means that everyone can see all of my trades. As a result, I've invested some time and now understand the logic behind my EAs. I do the same thing when I view other people's accounts. I conduct research into the history of trades in order to gain a better understanding.

When I post my results, I appreciate that because it demonstrates that my words are true. I want people to see that I do understand something, so they will visit my threads and invite others to do the same through their LIKEs on my posts. Thus, they invite potentially wiser individuals such as myself to comment on my findings and point out potential dangers.

For instance, with martingale/averaging, you can find a narrative claiming that this strategy is extremely dangerous. Those accounts may be deleted. However, as demonstrated by my results, even when using SL at a 20% level, you can still use "dangerous" methods. All you need is sound financial management. If you lack sufficient capital, use cent accounts.

I've developed a slew of EAs based on strategies shared on FF. This is how education is carried out. You pose questions, you respond to them, you demonstrate results (good or bad), you analyze them, you adjust your approach, and you teach others.

Because the learning process consists of five stages. And the final one is this - instruction. When you explain something to another person through written responses, you actually gain more benefit than those who ask questions. Because by attempting to explain, you will eventually gain a thorough understanding of the subject you are discussing.

As you can see, I benefit more than you from this post. because I now have a better grasp on "why I wrote posts here."

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