Hello fine folks and MT4 gurus -
I am trying to improve the money management on an EA. Currently I am focusing on stop losses, take profit,scale-in scale-out etc.- and also take on some scalping positions. For that, I need more information out of the Strategy Tester over multiple trades.
Is there a way to evaluate MAE (Maximum Adverse Excursion) and MFE (Max. Favorable Excursion) with MT4 - particularly when you are backtesting with the Strategy Tester? Even if I'm not able to get it on a per trade basis, it will help me to know the median values.
I did come across some code at the MT4 codebase:
http://codebase.mql4.com/en/2724
However - I am having a tough time integrating it and using it with Strategy Tester results
Any ideas, hints or code snippets will be highly appreciated.
Best.. shaltrade
I am trying to improve the money management on an EA. Currently I am focusing on stop losses, take profit,scale-in scale-out etc.- and also take on some scalping positions. For that, I need more information out of the Strategy Tester over multiple trades.
Is there a way to evaluate MAE (Maximum Adverse Excursion) and MFE (Max. Favorable Excursion) with MT4 - particularly when you are backtesting with the Strategy Tester? Even if I'm not able to get it on a per trade basis, it will help me to know the median values.
I did come across some code at the MT4 codebase:
http://codebase.mql4.com/en/2724
However - I am having a tough time integrating it and using it with Strategy Tester results
Any ideas, hints or code snippets will be highly appreciated.
Best.. shaltrade