(Also posted on the main StrategyQuant forum: here)

Let's look for a minute at the big picture w.r.t. system trading, which of course is making money. So how do system traders make money? Simply by using 1 simple formula. Below the only equation you need to remember in order to be successful in trading:

**Money** = **positive** **expectancy *** **uncorrelated** **trading** **frequency**.

This equation has only two components:

**Positive expectancy:** this means your systems need to be robust and have a positive netto expectancy (= % of wins * average winning trade - % of losses * average losing trade). So for example if your winning rate (% of wins) is only 40% you can still make money, by making sure your average winning trade is much higher than your average losing trade. This can be achieved by a proper Risk-Reward management of your systems.

**Uncorrelated trading frequency:** Once you already know how to build robust systems with a positive expectation, the only thing you need to do is to create as many uncorrelated systems as possible. More uncorrelated systems = more profit and lower risk of ruin during 'black swan' events.

So if that's so simple, why we need to collaborate? Where is the 'catch' ?

The big 'catch' is, that it takes time... a lot of time and computing power to find uncorrelated and very robust systems with a positive expectancy.

That is why the only way to go is: **collaboration**.

So far I was able to produce a handful of great very robust strategies, however it is not enough to make some decent profits, that is why I'm looking for:

**collaborators, investors, partners.**

**How this will work?**

How we can trust each other in this business (which is full of shady characters) ? Here is my proposal:

We will create a real 'gentleman's trading group', based on mutual trust and respect. In order to participate you need to apply with the following rules:

1. You must have a full version of StrategyQuant. If you have no SQX, you can purchase a full license using our -20% discount code: **COENSIO-20-OFF-ZSHXY** click here.

2. You must understand that in trading nothing can be guaranteed 100%.

3. You must understand that we all will work towards the same mutual goal = building a stable robust and profitable portfolio.

4. You will be not anonymous, KYC type of policy will apply here, you will reveal your identity by donating a small amount to support this project.

5. You will not distribute, sell or share the resulting strategies including parts of our proprietary SQX workflow(s).

**What you will get in return?**

1. We will collaborate together, by searching for highly robust strategies using our proprietary SQX workflow. Everything will be 100% transparent!

2. You will get all resulting strategies, including the source SQX and MQL code.

3. You will get a copy of our final portfolio.

4. You will get access to all statistics and results from the live testing, and demo (incubating) of our trading systems.

5. With some luck we will find more of super robust strategies like this one I've posted on our forum:

https://www.coensio.com/forum/strategy-ideas-generation-topics/coensio-b2-qqe-strategy-very-good/

**How will this work in practice?**

1. The workflow will run in a 'daisy chain' (ring) topology. I will split our proprietary workflow into several parts where each participant will get his own task to fulfill. After each workflow cycle, the resulting strategies will be evaluated and shared on our private forum.

2. For each task you will get a pre-configured SQX workflow settings, which are easy to install and you will get the link to remote database directory where 'todo' strategies will be shared between all participants.

3. We will use our private infrastructure, VPS servers, different brokers etc...to forward test all resulting strategies.

4. To be 100% fair..each month users will switch between performed workflow tasks, eventually after few months you will get all parts of our proprietary workflow.

5. We will 'incubate' each strategy for at least a period of 12 months. During this period all strategies will be monitored and live results will be presented to all participants.

6. We will concentrate on Forex market first, later we will add indices and we will also trade mini/micro futures.

7. Finally we will build a portfolio using the best candidates.

If you want to participate, write me personally at: info@coensio.com {subject: collaboration}

--

Best Regards,

Chris

After running for a few days, I noticed that the net profit isnt quite good. Given that I am using M15 timeframe, the thinking is that it should trade more.

The problem I have now is it does not have more trades. So I was wondering if I miss out any settings?

I have attached the zip file here.]]>

thanks Gianfranco

]]>I loaded your template. I was wondering how long does it takes to generate a strategy in the Build Strategies Task?

]]>thanks

gianfranco

]]>This trading system uses a smart back-and-forth hedging mechanism, that is continuously opening new positions according to the recent market movements. Each time a new position is opened, system tries to estimate a new Lot size, which is required to breakeven or to profit at the original TakeProfit, but ALSO at the original StopLoss level. This results in a group of open positions that eventually will always turn into a profit, when the market will go in either direction up or down. All trades are automatically closed when the overall profit reaches the pre-defined ForceTakeProfit level or pre-defined TakeProfit or StopLoss level. PipProfitOffset setting ensures that all new recovery trades are targeting slightly lower TakeProfit levels (w.r.t. the first open position). This results in slightly larger Lot sizes, than Lot sizes required to reach a breakeven condition. This additional offset allows to compensate for small losses, that are caused by spreads, slippages, swaps and commissions. See a trade recovery example below:

The system is profitable as long there is sufficient level of FreeMargin to be able to open new trade positions. To illustrate the possibilities of this recovery system the EA is programmed to trade using semi-random market entries. Each time the previous trade is closed, EA opens immediately a new trade in the direction that is dictated by the previous candle. Below the result of last 7 years of random trading (EURUSD, TF=H4, Leverage:1:500, 99% tick data modelling quality).

This system not only survived last 7 years of RANDOM trading, but also made some profit! Of course it is not the intention to trade randomly, the random test presented above is just shown as proof, that this trading technique (when setup properly), is able to recover in any market condition. To find out more about this unique trading system read the manual and get free version of the MT4 EA:

You can download the EA here:

**USE IT AT YOUR OWN RISK!!!**

- reduce the maximum historical DD and so, to maximize Ret/DD figure.
- decrease strategy to strategy correlation, currently <0.5
- optimize total yearly profit
- reduce number of stagnation days

The portfolio shows below, is based on 8 ''non-correlated" strategies on EURUSD and XAUUSD pairs. Each of portfolio strategies passed extensive robustness testing including the WFM test as an additional confirmation. All strategies are short-term trend following/momentum systems. OOS periods as used during strategy testing:

2003-2005; 2005-2011 (including financial crisis in year 2007); 2018-2019

Portfolio capitalization is quite risky here and it is calculated/estimated using the following assumptions:

- There will be no significant balance (equity drop) in the begin phase of trading. Hereby I will monitor the performance of the portfolio and possibly add money in case of a significant DD during first weeks of trading. The goal is to keep the equity above €1000 and so keep 'Margin Level' above 100%.
- LotSize sum of all opened orders (at the same time) +taking into account the strategy correlation number, w.c. estimation = 0.3LotSize sum (sum of all time-overlapping orders)
- Used Margin, with leverage of 1:100 and 0.3LotSize = €300.
- Maximum equity DrawDown, + taking into account the historical DD, but also sum of the worst case MAE figures, w.c. equity drop = €600, thus w.c. equity = €400
- Worst case Margin Level = 100x Equity / Used Margin => 100x €400/€300 = 133%
- Margin Level of 133% is just above margin call level of 100% (stop out level lies at 50%).
- Conclusion: without adding additional money to my €1000 account the portfolio should survive an equity drop of -€600 with a maximum sum of 0.3Lot (all simultaneously opened orders).