First Sunday every month at 7 pm We'll be going through the results of the month and tell you about any ProRealAlgos related news. We'll also go through the selectors choice of the month and the results and progress of the million-challenge. Other than that there will be time for you to ask your own questions or just to chat with Carl a little bit. Also, please feel free to send in any topics or questions that you'd like Carl to adress in a future stream or video. This livestream is ultimately for you, so please take advantage of that. ABOUT PROREALALGOS You look for automated trading. We develop algorithms and rent them out for you to plug๐ and play โถ๏ธ in ProRealTimeยฎ Order your own algos at prorealalgos.com CFDs are complex instruments, and trading them carries a high risk of rapid losses due to leverage. 75% of all non-professional customers lose money on CFD trading.
Full Transcript
[Music] foreign [Music] foreign [Music] foreign [Music] foreign [Music] I had some technical difficulties let's see if the uh uh at least the Sound Works now let's see what happens with the camera why isn't the camera working hey guys so sorry still some deck technical difficulties so maybe we will do it without video this time and why is it working let me just try to share the screen and see if that makes any difference fortunately not I'm it looks like the screen is is getting shared but I'm not getting any video um sorry about that give me give me a minute and I'll see if it if it works um the thing is that I actually tested this out just right before um right before starting the live stream and yeah everything but the camera is working why well I guess we have to do without my face this time so sorry about that maybe it will start working half way through so yes what I was thinking is that we should start with this uh live stream is to talk about the results of July I'm going to get into the individual results of the top 10 areas I'm going to give you a sneak peek of some of the Algos that will be released later in August that is a result of the coming merger so for you to watch the last live stream one month ago I gave you some news that we are acquiring a different developer a developer for pro real time a very prominent developer we are acquiring his business together with the rights for his different algorithms and for his different uh um indicators and signals so those indicators analogous will be added to the Prairie Lagos portfolio of Algos and indicators so I'm going to give you a sneak peek of that and lastly I was thinking that we just should uh look at the making the million account it's not taking too much time to to do that but I know that some of you are interested in seeing what are the results of the the challenge how has it been progressing since start we are now at the eighth month of this challenge um so we're going to go through that and also if you have any questions I will answer them just write it in the chat and yeah so let me start by yeah the screen sharing is working so that's good let me give me give you me a chance to make one one more try to get the camera working foreign all white yep well I think I have to do without it or you have to do without it um yeah well yeah we have to do it without the without my face today sorry about that so yeah the results of July we had a total gain of July of uh I believe it was 20 062 euros so it's another all-time high last month we had a small loss of approximately uh what was that I don't remember but it was a smaller loss than the win of July so we are at the new all-time high um the top five Algos of this month was the let me check pull that up right away the first top one algorithm was the Prime SP 500 M3 that's algo has actually didn't not performed very good in the last 12 months so it we are happy to see that it made a gain of 460 euros the second place on the second place is the prime Dow M5 that algo has also been struggling in 2023 it was the best algo in 2022 so we're happy to see kind of a um uh I can't find the word but they have let's say come back from a a small drawdown so we are happy that the Algos that haven't performed very well are actually starting to perform one article that has before we've been performing very well in in 2023 and that also performed very well this month was the Prime us 130 on the third place with a gain of 414 Euros on the fifth fourth place is you're screwed with a gain of 376 euros and the fifth algo the algo that has performed best on the fifth place is prime Dax L3 so those are the five top performing articles of this this month one of these Argos the U.S crude M5 algo actually was stopped this month so we actually stopped it just now at the start of August together with five other Algos so for you who are running all our Algos and didn't know about this we have stopped six algors in the start of this week you should have received an email about that but if you have it let me just um yeah go through them very quickly the so the six Algos that should be paused or let's see it's the US code as I just mentioned and the second algor to be stopped is the prime tax M5 the third algorithm will be stopped is the plus dial M5 the fourth algo to be stopped is plus us100 M5 the fifth Target to be stopped is the cuts us-100 M1 and the sixth and last algor to be stopped is Cuts ftse H1 so I'm sending all those six Algos in the chat for you who haven't stopped them yet uh and the reason for stopping them is that these are the six Algos that have performed uh worst in the uh last 12 months or something like that so we are making room for new algo so as I mentioned we are acquiring a different business that business is bringing in new Algos so we have to make room for new and better Algos we always aim to have around 20 active Algos so with these six Algos that have been stopped we are now at 17 active Algos so in the end of August we will probably extend this with three or four Algos from this new developer I cannot mention the name of that available yet but he's a very prominent and developer and a very well known figure figure in the uh Pro reel time community and let me show you a little sneak peek of one of his Algos it's a algo that runs on the 30 minute time frame on the FX pair of the Australian dollar and the US dollar if you watch the screen right now you can probably see that back test so it's both long and it's both short so this looks amazing right so this back test is back from 2015 in yeah end of August until today if we look at the back test report let me increase the screen size a little bit for you let me pull that to the left we have a profit factor of 1.75 we have win rate of 70 time in markets nine percent a draw down approximately 15 of the total gain um yeah so this algo developer he's uh quite focused on FX which is uh quite good for us because probably Lagos only have two active FX Algos at this point this new developer he has specialized in Forex and different kind of mean reversion strategies for Forex so this is this is one of the algors that we will re releasing in the end of August so I hope you will um be happy about that so anyone who is renting our lifetime package or our yearly all algo package will of course receive this algo without any additional charge so that's the uh one of the alleles I will show you one more uh later in the slide stream so yeah we were talking about results let's see if there was something else that we could talk about uh I always like looking at the top 10 performing articles um and definitely even more looking at the left left column here which is the top 10 articles per month so these 10 holidays are the Argos that has performed best since they were released so the right column here is the top 10 performing articles of all time but they were released at different times and it's a little bit better to like actually compare strategies with reference to when they were released so one of the best Algos or the the actual the best algo is the prime Dax m3b we have the prime us100m2 I'm very happy to see the Primus 102 I'll go here at the second place because it's also the top performing algo of all time so it's not only making a lot of money it is making a lot of money steadily every month so uh or not every month but you can see that the average gain of this alligator is very well and it has been performing for a very long time because the prime use 102 I'll go I believe it's almost five years old now five years without updates so that's pretty impressive if you see anyone who has this kind of algo um [Music] what I wanted to try to say is that if if you see any developer who are claiming to have good results over a number of years but are continuously releasing new version of that algo you can be sure that it's actually not um performing that well so we are happy and we are unique in that way that we have not released any new version for many of our algors which can make it easy for our customers to track the historical data and the historical performance of that algo um I got a question from yyds high call the plus Knight K M5 and cuts and ibm5 have not been triggered for once this year why not stop it instead we stop the plus u screw which now made 221 profit so far this year um I'm not so sure that that's correct let me run a back test of the cuts MIB M5 I'm pretty sure that it's made pretty substantial gains this year um the reason that it might not have been making trades on your account could be that you are running a position size that is not allowed by your broker so for IG Sweden which our uh which my account runs on we are allowed to run the cuts MIB M5 with a position size of 0.25 but I kind of suspect that uh most Brokers and most IG countries doesn't allow such small position size so I would check that I would try to start the custom IBM 5 I'll go with a higher position size to see that if it to see that it actually trades let me just make a back test of that so to verify that it has actually made trades I'm pretty sure it has MIB M5 I'm running a back test on 200 000 units let's see um you all right however that it doesn't trade very often but it surely has been making some trades this year while we wait I got a question from Trading Olay I have a test month but don't get it implemented in my software at IG are you so so to import it into and to implement it into your pro realtor software you have to make some manual steps you have to download the files that we have sent you you have to start Pro real time click import and so on there's a complete video guide on that but uh is that where you are experiencing issues uh Ola or are you having uh any other questions please elaborate on that yes I believe that IG UK probably don't allow for a position size that small I would suggest that you try to run a run this algo with a higher position size I'm not sure what which position size you I have been running it with but if you have been running it with 0.25 then you probably have the cost and the reason for uh not having any trades on that algo all right so here's the back test uh yes it has been making trades 2023 it has been making actually quite a lot of money 2805 uh Euros with a position size of one so that's pretty good let's see how many traces actually has been making it's one two three four five six seven eight nine trades uh and I suspect as you also mentioned the Nikkei algo I believe that the Nikkei algo is also a market that doesn't allow IG UK users to run 0.25 in position size and you mentioned the U.S crew I'll go yes it has been making money this year but we also have identified this algor as one of the Algos that has been performing uh worst since it was released and we had to choose some articles we don't want to have 30 40 active articles we have to limit the number of active algors and so we actually have to um what's the word for it let me Google it reluctantly um had to stop somalo so if you like the U.S crude algo please continue running it is it's not up to to me but uh as we need to make room for new arguments we had to stop some and some of the Algos actually quite reluctantly were stopped yes so what else making the minion challenge let's talk about that let me just take a sip of water [Music] um all right so the making the mini challenge turning 5 000 Euros to 1 million euros in 48 months using only Prairie Lagos only getting passive income only making any manual intervention to the algorithms once per month so this is the challenge we are not making a lot of adjustments we are not increasing position sites that often we are not making any manual intervention in any trades we are letting all our Algos do their work we are aggressively reinvestment reinvesting our profits on a monthly basis so we are increasing the position size every 5 000 Euros gained we are now at a total of 13 888 Euros so we have made approximately uh the total gain percent here is wrong uh we have made over 100 let me give you the exact number um it's one three eight eight five thousand yes so we have what made 177 since start the start was at the beginning of this year so in eight months we have made 177 percent in gains we have increased the position size only once and that was when we reached the 10 000 Euro Euros uh goal so the next time we will increase the position position size is when we reach 5 15 000 Euros uh hopefully that will be next month so if you look at this short here you can see three three different lines the black line here is the projected curve or not projected this is the this is actually the color that we have to follow in order to to reach the goal if we are deviating too much from this um goal in in a negative way and if from this line in a negative way that means that we are not keeping the the pace that we that we have to so in order to reach this one billion gold we have to make a gain of 19 900 euros sorry nineteen thousand nine hundred percent and that requires a lot of risk and that is what we are taking as you can see only two other lines here we have um quite substantial drawdowns these two other lines here are the historic results of priority logos with the reinvestment factor um added to the historic results of parallelio so these are only hypothetical results we have not actually made the gains that you've seen in these two lines here but if we were to use the same reinvestment factor that we are using in the challenge that we have just started on the historical results of proilos we would have achieved these kind of games so we actually already made the one million goal with uh this kind of reinvestment the yellow line is quite different but if you want to learn more about the different um reinvestments Solutions please go to probablylargos.com and forward slash making the million what else do you have any other questions anything you want me to answer um this algo is actually at an all-time high that's always fun to see also it seems to be in a long position entry at 28 735 no actually it was a loss okay so we're not at an all-time high but pretty close hmm yes thank you for bringing that up wire ideas uh so as July became a pretty good month and that resulted in us reaching a new all-time high the first week of August this week that we uh just uh passed was terrible we actually had losses close to like 1000 600 euros or something like that let me check the exact results of this week um here it is so for you who don't know what this is this is our tracking site where you can track all trades of all our Algos we are doing this in order for our users our potential customers to be able to track the results of our Algos so they can make be sure that the results that we publish are actually true so this site is automatically publishing all close trades it's publishing those trades just seconds after they have been closed so if you go to Pro real Algos Dot ashorewebsite.net uh you can also actually find all results of all our Algos you can also go just to probablyloggers.com you can click on results and yeah you can see the same page if you scroll down here so actually this week we made a total loss of minus 1776 Euros so that's a pretty terrible start yes it will surely affect August in a negative way but let me um explain that we have had many months that have started like this and that actually have become good months so uh one week doesn't really have to um tell how the total results of that month will be we'll also have it headed the other way around where the first week of the month made 2500 euros and then the last month and last week of the month made a loss of 2 000 Euros so uh it's not common but it does happen that individual weeks like this can have big losses like 1766 Euros but usually it's a lot not less volatile than this this is a a quite rare exception to have made 1776 Euros lost in one week uh we'll see what happens but it clearly is a shift in Market that our Algos didn't like some of Algos of course made wins like the cut Stacks m5s Argo which is a short only I'll go but most Algos that made losses were in Long positions and they just got stop lost um also can you offer copy trading with your other system no we cannot uh unfortunately there's no feature in Peril time that supports that also bear in mind that the overnight interest share charges on Long positions is becoming expensive especially on the oppositions yes that's right overnight interest charges as well as the spreads seems to have increased so if you go to Pro wheel uh sorry if you go to ig.com and you are looking to find like the average spreads let's say that you want to develop an algo for the fxpower Euro USD and you see that on the page they are writing that the average spread is 1.4 the average spread on that exact FX pair I just checked are 200 more so you can't really trust the spread the average spread that the IG broker is claiming that they have there are uh quiet uh a lot quite big discrepancies between what they are saying and what the actual spreads are I could show you a quite good site where you can actually see what the average spread is in IG there are there's a site that actually tracks it in in real time and in historical data so you can actually see what what the average spread is and what's the purpose of that well the average spread is the most important factor when running a back test and when optimizing a system if you were to run a back test with 1.4 in in spread but the spread is actually a three you will end up building a system that doesn't work with the actual spread it will lose your money and uh and it's just a a very easy thing to avoid by looking at the real spread with that said you can build a system that works with the current spread but the thing here is that you need to know what the exact spread is when you are developing the system you can't uh develop a system for a one spread and then the actual spread is something else the spread has a huge significance in how the result of the algo is is and also the behavior of the algo it's a multi-factored [Music] um parameter to to actually to actually be very um sure that you're using the the right spread let me show you that side I think it's called like FX book yes ethics book so if you go to sorry no FX blue so if you go to fxblue.com and you click into IG you can see what these different spreads are um and so as I mentioned the Euro usds was I believe that ig's allegedly saying that the spread is around 1.4 if you go in and click what the actual spread is yes it's 1.4 at most hours of day but look at look at this the spread goes up to close to seven multiple hours every night and this is not accounted for and one more thing that I should should um [Music] mention is that you really have to be sure of what your trading hours of your system is if you're trading hours is at the peak hours of spread then that's something you have to account for so please be sure that you know which trading hours your articles are running on and adapt the spread after that um yeah what else yes so said I was going to show you a another system let me bring you another one uh where is that foreign let's see so this strategy runs on the Euro USD um 30. it's uh quite impressive let me bring that up this one also runs on the 30 minute time frame I have to change the name of the system so you don't figure out who we are buying all right there we go pack test is running let me close down the other ones foreign will be released at the end of the month how long those Algos has been tested for years and this particular system that I just finished back testing I believe is three or four years old I'm not sure exactly the exact number I have to check that with the developer but uh this developer is actually already present on the pro real code Marketplace so you can actually track the historical results there but there are no systems newer than one year that's been released so that's an important parameter for us we are not releasing any Algos that have just been developed on minimum we have six months of live testing on forward testing on Real Results before releasing it and that is minimum the average is approximately nine months or something like that and so you can be sure that this system has been performing quite well for a substantial amount of time so let me bring up the back test report here it is it's out of the same core code as the previous back test but you say it looks amazing the drawdown is so small and and what I like most about this is the um fine Equity curve look at the drawdown you can you can barely see it so we're very happy about that so in the next couple of weeks you will see this new Algos being released together with a number of different indicators this guy is pretty damn good on indicators as well so we're really happy about that so those those are the topics of today let me see if I can make one last try to get my camera working um one last try stopping the camera starting the camera pulling out the chords nothing works maybe now nope nothing yet nothing works and uh one thing I would like to try is to restart the streaming software but I don't know what that does I probably like stops the the live stream I'm not sure um should I try that risking it to be stopped I don't know any other questions any other questions well if there are no more questions let me try to restart the software just so you can see my face for a couple of seconds if it closes down the stream then thank you for watching and we will talk here next month which is uh the extract date for the stream will be on September 3rd 7 PM as usual Swedish time so if I am closing down the stream now thank you for watching but hopefully I'm back in just a couple of seconds let's see oh I just got the message I closed down the software and it said if you're Crossing down the software uh you will stop all streams so it's not possible all right so yeah that was it if you don't have any more questions let me just try to uh please thank you for for at least watching without me without you seeing my face um and I hope you will watch this stream next month if you have any questions about our Algos contact us on Twitter contact us on email or contact us on the chat on our website if you have any um how do questions you can always just send me a direct message on Twitter I'm there 24 7. okay so thank you guys talk to you again next month bye
Original Description
First Sunday every month at 7 pm
We'll be going through the results of the month and tell you about any ProRealAlgos related news. We'll also go through the selectors choice of the month and the results and progress of the million-challenge. Other than that there will be time for you to ask your own questions or just to chat with Carl a little bit.
Also, please feel free to send in any topics or questions that you'd like Carl to adress in a future stream or video. This livestream is ultimately for you, so please take advantage of that.
ABOUT PROREALALGOS
You look for automated trading. We develop algorithms and rent them out for you to plug๐ and play โถ๏ธ in ProRealTimeยฎ
Order your own algos at prorealalgos.com CFDs are complex instruments, and trading them carries a high risk of rapid losses due to leverage. 75% of all non-professional customers lose money on CFD trading.