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DislikedHi guys, i've written EA based on original Mehdi343 rules but can not get profitable backtesting results yet. I'm testing this strategy from 2014.01.01 till now on H4 and D1 TF on all 28 currency pairs by Method#1 & Method#2 using crossing and/or rebounds using good quality M1 history base by DukasCopy. Maybe Mehdi or somebody else show me where is EA entering or exiting wrong. Please try at first default EA settings. Switch MT4 tester to visual testing mode and pay attention that indicators are repainting that is why entries/exits on history may...Ignored
DislikedHi guys, i've written EA based on original Mehdi343 rules but can not get profitable backtesting results yet. I'm testing this strategy from 2014.01.01 till now on H4 and D1 TF on all 28 currency pairs by Method#1 & Method#2 using crossing and/or rebounds using good quality M1 history base by DukasCopy. Maybe Mehdi or somebody else show me where is EA entering or exiting wrong. Please try at first default EA settings. Switch MT4 tester to visual testing mode and pay attention that indicators are repainting that is why entries/exits on history may...Ignored
Disliked{quote} I use a min. slope distance of 4, another BT on GU w/ TP 20, SL 6 {image} {file}Ignored
Disliked{quote} I respect your opinion but i have never seen this rule mentioned by Mehdi343. Please point me where you've read it.Ignored
Disliked{quote} Thanks for sharing your excellent results. If i'm not mistaken your EA is far from original Mehdi343 rules. 1. You are testing it on H1 but according to Mehdi rules it should be used on H4 & D1. 2. You are using fixed SL=60 pips instead of placing it on Hi/Low of previuos candle. 3. You are using MaxBodySize. 4. You are using DailyOpen filter. 5. You are using Max Stoch Level for Buy/Sell. 6. You are using Max RSI Level for Buy/Sell. 7. You are using News Filter. 8. You do not use BreakEven 5 pips having 25 pips profit. 9. You do not use...Ignored
DislikedHi guys, i've written EA based on original Mehdi343 rules but can not get profitable backtesting results yet. I'm testing this strategy from 2014.01.01 till now on H4 and D1 TF on all 28 currency pairs by Method#1 & Method#2 using crossing and/or rebounds using good quality M1 history base by DukasCopy. Maybe Mehdi or somebody else show me where is EA entering or exiting wrong. Please try at first default EA settings. Switch MT4 tester to visual testing mode and pay attention that indicators are repainting that is why entries/exits on history may...Ignored
Disliked{quote} No this is not the rule of this system, its my personal observation nothing else, In my opinion one must take his/her experience into account before taking the trade rather than just following the rules, sometimes signal appears at big support or resistance, we should avoid trading there.Ignored
Disliked{quote} Automation is an extremely difficult beast, because most programming is not complex enough to filter out obvious bad trades. For example, all the rules are met for a long but there is an obvious resistance point immediately ahead. Another example would be where it had a huge move one day, which is often met by consolidation or pullback. Automation won't rule these things out. Mehdi has mentioned himself he prefers to trade it manually and take only the best setups based on the rules plus his own subjectivity of the price action.Ignored
DislikedThere are a lot of traders here who try to customise/modify Mehdi's strategy. IMHO it is better to study the rules of the system and stick with them. {quote} {image}Ignored
Disliked{quote} Its up to you bro, strategy is same its not modified. Thats why I said, Mehdi would better comment over it.Ignored