Custom Max Formula

[sm24]

Hey guys here's a video I made for making a custom max formula and adding it to your fxdreema projects. Let me know if you come up with any other good combinations for formulas. Cheers. link text

[jstap]

@sm24 Good video, unfortunately I have nothing to add but thanks.

[TipsyWisdom]

@sm24 nice work Scott....but you might want to check the porn bookmark at the top before editing your videos.

[sm24]

@tipsywisdom lol what I didn't see a pornsite bookmark? Maybe you thought mega was one but idk. Anyways let me know if you guys think of any other combos.

[TipsyWisdom]

@sm24 just messing. hahaha

How about a risk of ruin custom calculation?

[sm24]

that's a cool idea. I wouldn't know how to code that. But I did find some good source code for k-ratio.
here's a link
http://klondikefx.com/equity-curve-straigthness-optimization-with-metatrader/

combining that with other metrics can provide some good in sample results that will also correlate to a good number of oos results that are also favourable.

[seb 0]

@sm24
The link you pasted points to a relevant aspect of the results, I was thinking of how to implement that. I didn't know about cutom max functionality until recently, that's a useful one thanks for that.
I find that your formula gives a bit too much importance to the trades number though. I would implement an exponent, like :

• param = recovery * tradesnumber^x , with 0<x<1
  or another one I found on mql5.com :
• param = profit - bettertrade , with "bettertrade" the trade handling the biggest gain.

[Ipod]

Thanks bro, took a while to figure it out but I got it working