When testing an EA for SPX500. i was stunned by the result of the backtest.
--------------------NO LEVERAGE-------------
FROM 30/11/2014 to 15/03/2016 (335 trading days with tick data from peperstone)
EA traded 104 long & 206 short total of 310 trades.
30% RETURN VS -2.33% buy and hold for SPX500.
Low Drawdown 3% MAX.
THe best of all No leverage at ALL! (1:1)
No overnight exposure. Intraday long & short .
Can be set for long only &/or short only.
1 to 2 MAX trade/day.
-------------LEVERAGED---------------
Backtest done with 76x leverage settingscreen shot 1 -3
--------------------------------------------------
Starting capital = 1 000
Ending Balance & equity =389 308
38831% return
NO leverage screnshot 4,5,6
Question:
1)how good an EA with a sharp ratio <1 for live use?
2)Could bad data gives fasle positive results ?
3)How can i find a better backtesting framework ? Want to try it on 10 years or more before playing with my money.
--------------------NO LEVERAGE-------------
FROM 30/11/2014 to 15/03/2016 (335 trading days with tick data from peperstone)
EA traded 104 long & 206 short total of 310 trades.
30% RETURN VS -2.33% buy and hold for SPX500.
Low Drawdown 3% MAX.
THe best of all No leverage at ALL! (1:1)
No overnight exposure. Intraday long & short .
Can be set for long only &/or short only.
1 to 2 MAX trade/day.
-------------LEVERAGED---------------
Backtest done with 76x leverage settingscreen shot 1 -3
--------------------------------------------------
Starting capital = 1 000
Ending Balance & equity =389 308
38831% return
NO leverage screnshot 4,5,6
Question:
1)how good an EA with a sharp ratio <1 for live use?
2)Could bad data gives fasle positive results ?
3)How can i find a better backtesting framework ? Want to try it on 10 years or more before playing with my money.