Hi!
I'm building my automatic trading system implementing a self optimizing EA... it backtest the orders history, calculates all the possibles statistics including the orders MAE and MFE. Now i would like to know if there is a proven/solid method to analyze your past orders performance, MAE, MFE and find the optimal SL and TP levels in order to improve the strategy results.
Of course without using the MT4 built-in strategy tester, but analysing the statistics obtained by the EA.
Any suggestions, or link to some readings is appreciated
Thanks!
I'm building my automatic trading system implementing a self optimizing EA... it backtest the orders history, calculates all the possibles statistics including the orders MAE and MFE. Now i would like to know if there is a proven/solid method to analyze your past orders performance, MAE, MFE and find the optimal SL and TP levels in order to improve the strategy results.
Of course without using the MT4 built-in strategy tester, but analysing the statistics obtained by the EA.
Any suggestions, or link to some readings is appreciated
Thanks!