[DARWIN] ILR by IlIlIlIlI

[CavaliereVerde]

Maybe it's clever enough to calculate you are better trader when you don't actually place any more trades?

I am a sarcastic person but I think this sarcasm is a bit inappropriate.

 

[ridgeback]

Hilarious reading some of the posts on here, talk about handing it out but can't take it back? Actually it was a genuine question, is it calculating based on latent information that not taking any trades is best for this trader based on old information, so not actually losing money? His performance is now better because he has stopped placing losing trades?

 

[IlIlIlIlI]

I am a sarcastic person but I think this sarcasm is a bit inappropriate.

I had the same idea - with a winking eye - as written by @ridgeback when you are rewarded for not trading.

But I can't understand this anymore:

 

[CavaliereVerde]

DScore "2020" (pandemic edition ) is calculated from 3 factors

1. Return
2. Drawdown
3. Lenght of trackrecord.

So as long as the darwin is not labeled as inactive, factor 3 is increasing.

 

[CavaliereVerde]

faster than the D-Score grows on my new trading account

This is strange but could make sense if your new account still has a negative return.

 

[IlIlIlIlI]

This is strange but could make sense if your new account still has a negative return.

So we have to take "This is strange"

 

[CavaliereVerde]

I correct myself:
I takes 3 months to reach DScore 20 and it doesn't depend on performance.
Verified on CVL , LSC , ULI .
Performance begins to weigh beyond DScore 35 .

 

[IlIlIlIlI]

The revival of ILR
As I was wrong with my assumption that a new trading account would reach a D-Score of 40 faster than the trading account of ILR, I will return to trading ILR starting next Monday.

The trades will be set by my self written simple tradecopy EA which is a significantly improved and debugged version of a simple public MT4 EA published on the MT5 forum years ago.
The master account will be my FTMO trial account where I always use stop losses, maybe it cuts the bad DD trades on ILR .

A lot of commercial trade copiers use the same vulnerable part of the logic of the published EA as my EA.
I tested some of the commercial demo versions on Friday and found out that
- my simple EA was 100% reliable copying all the trades to a live account within 2 seconds, but didn't close all on the receiver account (Darwinex live account)
- the commercial (demo) EAs failed copying all trades between provider and receiver for several reasons or needed up to 47 seconds to copy the trade (I thought the thing didn't run properly)

So I will start with my EA and of course I will have to watch the results on the receiver account (ILR trading account).

As my D-Score dropped down to 38.5 from 38.6 since the min/max/current values of the VaR are identical, this looks like the best chance to be eligible for DarwinIA prizes (currently you need a D-Score higher than 44 with a 10% monthly return for rank 119).
That event was the minimum time of inactivity and I wanted to wait for its end as posted above:

 

[IlIlIlIlI]

As the prices for NDX/US100.cash differ up to more than 10 pips (besides both publish that they are using LMAX), I cannot copy the takeprofit and stoploss values of the FTMO demo account to the Darwinex account so I will have to pay attention always to the trade execution and for sure: closing trades on the Darwinex account.
Current (weekend) data on Darwinex live account:

Current (weekend) data on FTMO demo account:

 

[IlIlIlIlI]

I stop trading again after a bad day at least until end of the month. Now I'll see whether a D-Score of 40 can be reached without trading.

 

[IlIlIlIlI]

D-Score of ILR is crawling to new all time highs - by NOT trading. 😂

 

[IlIlIlIlI]

ILR is funded again and reactivated today - maybe there is a chance to be seen in DarwinIA next month.

As the replication factor stays poor, there is no investment made - and management fees saved .

 

[IlIlIlIlI]

Just for documentation as June 2021 ends for ILR:

Of course we see a higher D-Score than on the screenshot before 🤣

 

[IlIlIlIlI]

Filled the first of my criteria for a good Darwin by not trading the last days...

and ...
- 5 consecutive losing months,
- a max. DD of nearly 18 % as attraction of investors,
- a loss in the current year of more than 5 %
- and a total profit after more than 7 months of less than 1 %.

Please don't ask me - or yourself - about the value of this evaluation system.

 

[IlIlIlIlI]

From the trade sizes used and the D-levarage calculated the reduction of the VaR ratio is complete bulls**t (as the hole philosophy behind target VaR is):

Can't understand the VaR calcculation any more:

 

[trilobite]

From the trade sizes used and the D-leverage calculated the reduction of the VaR ratio is complete bulls**t (as the whole philosophy behind target VaR is):
View attachment 303713

Can't understand the VaR calculation any more:

Calculation seems about right:
From this page: https://help.darwinex.com/risk-manager
Current VaR (36.31) / Max VaR in last 6 months (36.52) = 0.99
Target VaR = 0.99 x 6.50 = 6.44
(Not sure why your Darwin is showing 6.42, but it's near enough)
VaR ratio = Target VaR (6.42) / Strategy VaR (36.31) = 0.18
(Slightly different from the 0.16 shown on your Darwin Asset Management page shown in the screen shot)

 

[IlIlIlIlI]

Calculation seems about right:
From this page: https://help.darwinex.com/risk-manager
Current VaR (36.31) / Max VaR in last 6 months (36.52) = 0.99
Target VaR = 0.99 x 6.50 = 6.44
(Not sure why your Darwin is showing 6.42, but it's near enough)
VaR ratio = Target VaR (6.42) / Strategy VaR (36.31) = 0.18
(Slightly different from the 0.16 shown on your Darwin Asset Management page shown in the screen shot)

My main complaint is that the VaR is increasing to new all time highs while total lotsize and D-leverage are far away from new highs in the last weeks when trading.
Otherwise the replication reduction could not happen.

 

[trilobite]

My main complaint is that the VaR is increasing to new all time highs while total lotsize and D-leverage are far away from new highs in the last weeks when trading.
Otherwise the replication reduction could not happen.

I agree that the strategy VaR seems to change in erratic ways, and sometimes suddenly changes for no apparent reason.
It can (in my experience) stay constant for ages, then suddenly change, without any change in the strategy.

 

[CavaliereVerde]

My main complaint is that the VaR is increasing to new all time highs while total lotsize and D-leverage are far away from new highs in the last weeks when trading.

DLeverage is only one of the factors for VaR calculation.
The average duration of your trades in the last month is 2h while before it was 1h.
So lower size but longer duration.
Another explaination could be that VaR looks to last 45 trading days ignoring the month of inactivity in the middle.

 

[IlIlIlIlI]

No more words to this bull***t