Has anybody else made the same experience?
Simple Daily Trend Reversal Trading System
- #2,110
- Jan 6, 2018 6:50am Jan 6, 2018 6:50am
- Joined May 2017 | Status: Trader | 3,883 Posts
Truth is like poetry. And most people f*cking hate poetry.
- #2,111
- Edited 9:11am Jan 6, 2018 7:16am | Edited 9:11am
- Joined May 2017 | Status: Trader | 3,883 Posts
Week 3 update of the EA test! 
For previous weeks update please see here: https://www.forexfactory.com/showthr...9#post10629619
Just to recap for anyone who doesn't know yet, or hasn't been following;
"I created a new demo account on Monday 18/12/17 to test the EA over a 1 month period and then judge overall results. This is also to test different time frames, as well as different settings, which will be more profitable overall. I am testing 2 time frames, H4 and D1 only. I did test lower time frames (M15, M30, H1) but they did not do very well, H4 and D1 performed much better so I will be sticking to these 2 time frames for this test. I am also testing whether using the TS settings is better, or leaving the TP at next new opposite Zig Zag Arrow for overall max profit, so there are duplicates on the TE as there are 2 charts trading H4, and 2 charts trading D1."
Wow so this week was a bloodbath for the EA test.
Most of the profitable trades from the previous 2 weeks got wiped out and all gains were lost. The NFP and the CAD employment data did not favor the open orders, and many got stopped out. This was certainly not the best week for the EA. See week 2 results below.
- Account balance at start: $10000
- Account balance current: $8937 - (-$1045)
- Account growth in %: -10.5% - (-14.1%)
- Account growth in profit: -$1045 - (-$1468)
- Account growth in pips: -963 - (-1559)
- In 1st place is the D1 chart using the TS settings as TP, with a current total profit of $67.95, and 93.33% win rate.
- In 2nd place is the H4 chart using the TS settings as TP, with a current total profit of $0.59, and 71.23% win rate.
- In 3rd place is the D1 chart using the next new opposite arrow as TP, with a current total profit of $-279.37, and a 75% win rate.
- In 4th place is the H4 chart using the next new opposite arrow as TP, with a current total profit of -$853.49, and 31.11% win rate.
The H4 chart that is not using the TS settings took the biggest knock again with the most losses overall, it was the worst performing setting again this week, and overall both H4 had the most losses. D1 also had losses but it was not as bad as H4. One mention is that D1 using the next new opposite arrow as TP is holding the highest floating profit, and is holding some very profitable trades, and if they get closed this week it could turn things around. This week with the new MM updates to the EA, it has given me some new ideas on how to manage the trades, and also from this current test I can see what is not working, and I will make the necessary adjustments in the next test.
We have 1 more week to go before the 1 month test is concluded, so lets see if we can finish strong.
For previous weeks update please see here: https://www.forexfactory.com/showthr...9#post10629619Just to recap for anyone who doesn't know yet, or hasn't been following;
"I created a new demo account on Monday 18/12/17 to test the EA over a 1 month period and then judge overall results. This is also to test different time frames, as well as different settings, which will be more profitable overall. I am testing 2 time frames, H4 and D1 only. I did test lower time frames (M15, M30, H1) but they did not do very well, H4 and D1 performed much better so I will be sticking to these 2 time frames for this test. I am also testing whether using the TS settings is better, or leaving the TP at next new opposite Zig Zag Arrow for overall max profit, so there are duplicates on the TE as there are 2 charts trading H4, and 2 charts trading D1."
Wow so this week was a bloodbath for the EA test.
Most of the profitable trades from the previous 2 weeks got wiped out and all gains were lost. The NFP and the CAD employment data did not favor the open orders, and many got stopped out. This was certainly not the best week for the EA. See week 2 results below.- Account balance at start: $10000
- Account balance current: $8937 - (-$1045)
- Account growth in %: -10.5% - (-14.1%)
- Account growth in profit: -$1045 - (-$1468)
- Account growth in pips: -963 - (-1559)
- In 1st place is the D1 chart using the TS settings as TP, with a current total profit of $67.95, and 93.33% win rate.
- In 2nd place is the H4 chart using the TS settings as TP, with a current total profit of $0.59, and 71.23% win rate.
- In 3rd place is the D1 chart using the next new opposite arrow as TP, with a current total profit of $-279.37, and a 75% win rate.
- In 4th place is the H4 chart using the next new opposite arrow as TP, with a current total profit of -$853.49, and 31.11% win rate.
The H4 chart that is not using the TS settings took the biggest knock again with the most losses overall, it was the worst performing setting again this week, and overall both H4 had the most losses. D1 also had losses but it was not as bad as H4. One mention is that D1 using the next new opposite arrow as TP is holding the highest floating profit, and is holding some very profitable trades, and if they get closed this week it could turn things around. This week with the new MM updates to the EA, it has given me some new ideas on how to manage the trades, and also from this current test I can see what is not working, and I will make the necessary adjustments in the next test.
We have 1 more week to go before the 1 month test is concluded, so lets see if we can finish strong.
Truth is like poetry. And most people f*cking hate poetry.
- #2,113
- Jan 6, 2018 9:11am Jan 6, 2018 9:11am
- Joined May 2017 | Status: Trader | 3,883 Posts
"- In 1st place is the D1 chart using the next new opposite arrow as TP, with a current total profit of $67.95, and 93.33% win rate. - In 2nd place is the H4 chart using the TS settings, with a current total profit of $0.59, and 71.23% win rate. - In 3rd place is the D1 chart using the next new opposite arrow as TP, with a current total profit of $-279.37, and a 75% win rate. - In 4th place is the H4 chart using the next new opposite arrow as TP, with a current total profit of -$853.49, and 31.11% win rate." There must be some wrong with the D1...
With regards to your #2056 ebeckers already answered your question on #2066.
Truth is like poetry. And most people f*cking hate poetry.
- #2,116
- Edited 2:22pm Jan 6, 2018 10:12am | Edited 2:22pm
- Joined Nov 2012 | Status: Coder | 8,521 Posts
Try don't lose pants never...
