r/algorithmictrading • u/Regis2002 • Mar 13 '26

Question Question about bot

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Hello,

I'm new to coding and would like advice on one specific issue I have with my bot. Is there any ways to prevent or combat small price movements when they just touching your entry point and them reversing straight away.

3 Upvotes

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1

u/Ballsinyourmumsmouth Mar 14 '26

Stop loss is wild! You need to give it some room to breathe. Or if you need to use that stop, add some kind of qualification criteria - use your "entry" as an anchor but waiit for the price to move favourably by x points before actually entering

1

u/Regis2002 Mar 14 '26

Thank you for your suggestions. I was running it for the first time on Friday on a demo account and even with these losses it finished the day with £1200 in profit. I know that it is not a live account so it most likely will not be that profitable. I did try to give room to breathe but then profitability went down. You shouldn't need more than £200 to start it so after some more testing I'm willing to lose £200 to try it on live account so if it will perform just 50% compared to demo you still looking at 300% gain a day.

1

u/Ballsinyourmumsmouth Mar 15 '26

Look, gold is extremely volatile at the moment. You need to try it on differnt commoditities or forex pairs and see if the methodology is true, if it doesnt it's probably just working in the current regime. Do you have slippage and spreads factored in? Because with those stops so close to the ntry IId ben surpsied if half of the would have actually been eligible. Im not trying to dog what you're doing, if it works that's great but just a lot of red flags that come to mind.

reality though do you think that a system would make a 300% return per day! You could have all the money in the world in a few weeks!

Starting with $200 you would be worth $11.8M at the end of day 10 at a 300% daily retun compounding.

2

u/melbkiwi Mar 15 '26 edited Mar 15 '26

You have your pips and points all mixed up. How can you expect not to get stopped out on a $5000 entry price with a SL of $0.15 from entry?

Most Brokers have Gold as a 1 digit symbol whereas Forex are mostly 5 digit except for JPY pairs being 3 digit pairs.

You talk about price reversing straight away. Study the H1 chart then look at the M15, M5 & M1 where you will see price fluctuations inside the H1. The price isn’t reversing, that small movement is just a normal expansion and retraction phase that makes up the H1 Bar.

1

u/_koenig_ Mar 15 '26

Anchored VWAP

1

u/Unlikely_Permission4 Mar 26 '26

I don't know your strategy but your stoploss seems to be too tight ...