Disliked{quote} Thanks for responding, TGS. I have no idea why nobody else responded. People prefer to spend lots of time on doing things by hand? It's very time consuming, I think. The simulation system was actually simulating the whole basket. All automated and every thinkable option would be easy to test (compare that to running backtests by Excel..). Regarding your last point, MT5, yes I'm also surprised why nobody is running the tests in MT5. You can do multipair (basket) backtests with MT5, I think it's pretty much ideal for the trading system described...Ignored
I am so glad that someone was able to convert the EA/Indicator to function on MT5.
I assume you would be able to run "Optimizations" for start time (converted to GMT) and stop time. This would be very helpful, and greatly appreciated if you could. Unfortunately, this is the only type of optimization that could be tested with MT5 and the EA as written.
The only draw back to the EA, and therefore current backtesting, is the fixed lot feature. With that feature, the Risk/Reward of various basket sizes cannot be dynamic in nature. What I mean by that is that it has been proposed, and some of use are utilizing, that the amount of the SL be based upon a set number of pips per pair open. For example if the number of pips per pair is set to 25 when there are 2 pairs open the SL would be 50 pips, when there are 8 pairs open the SL would be 200 pips, and like this week when there are 16 pairs open (which is the max) the SL would be 400 pips. To equalize risk the lot size for 16 pairs might be .1 lots, while the lot size for 8 pairs would be .2 lots, and the lot size for 2 pairs would be .8 lots.
The Excel simulations that are being worked on right now, will be able to optimize for start time, end time, SL and TP based on all the parameters including dynamic lot sizing without having to change the EA. Until that is completed, I would very much like to look at some of the optimization that the MT5 is capable of performing.
GREEN pips to you Good Sir.
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