What do you think?
Thanks
Regards
Most Famous Blessing 3.9.6 EA and Setfiles
{quote} dont don me wrong i i would love that. i i ha it on fw test v2. i will let you know
Richard, you don't have to answer this if you don't want to but do you have any of your high risk/high profit sets on a live account and are you making the gains from them in line with your back tests? I think if anyone has £250 they are prepared to risk for a potential £50k return in a few months surely it's worth it?
Cheers,
Carlos
"All good things to those who wait"
{quote} Do you want a long term 30% per year return or 50% to 100% per month with an occasional need to re-optimize? If you start with $100 in January and increase 100% per month how much do you have by December? ($204,800) How does that compare to $130? You can sleep the whole year away at 30% or wake up for a day every couple months for 1000% to 2000% for the year. Which is better?
1. Balance between conservative approach and sucking out pips right out of market is sugested.
2. 30% year is nothing that can justyfy taking risck of loosing all depo on forex market.
3. thousends of % return are like holly grail, everyone is serching it but I sow such storrys only in marketing materials of super sofisticated EA that on end of day wasn't working.
So something in middle is prefered, I would not like to push members to race but still self learning approach is necesarry.
Working with EA is matter of process modeling.
From my side good quality backtestig is key to exclude bad process from good ones, for sure not everything can be backtested but still this is better than giving on live market "all in" to loose all.
{quote} Maybe best to diversify and have a mixture of both? Richard, you don't have to answer this if you don't want to but do you have any of your high risk/high profit sets on a live account and are you making the gains from them in line with your back tests? I think if anyone has £250 they are prepared to risk for a potential £50k return in a few months surely it's worth it? Cheers, Carlos
I think 50% to 100% per month is not unreasonable. That's what I'm shooting for. Not there yet. Too soon. I just got the faster version of Blessing working a few days ago.
I've been testing non-grid based EAs that I've written on Demo and live for months. I've learned that about 10% of the good looking back-tests seem to work well going forward. And a month or two of history is usually enough. Trading an EA that was back-tested for years is like walking around with big lead weights all the time. Even a great looking back-test over 2 years history is worthless until it's tested on Demo. Long history means lower earnings with most EAs. At least until Artificial Intelligence based EAs become available.
Just my observations and opinions.
Good luck!
Still cleaning this up. If anyone wants to test and report that would be appreciated.
You should be able to test using the much faster Open Prices Only data model. Good to test the results on Every Tick data when you're done. I've seen a couple instances when they didn't match, apparently due to bad data from one broker.
Still some rough edges. Hope to clean it up and make source available once that's more presentable.
Good luck!
You should be able to test using the much faster Open Prices Only data model. Good to test the results on Every Tick data when you're done. I've seen a couple instances when they didn't match, apparently due to bad data from one broker.
Still some rough edges. Hope to clean it up and make source available once that's more presentable.
Good luck!
Still cleaning this up. If anyone wants to test and report that would be appreciated. You should be able to test using the much faster Open Prices Only data model. Good to test the results on Every Tick data when you're done. I've seen a couple instances when they didn't match, apparently due to bad data from one broker. {file} Still some rough edges. Hope to clean it up and make source available once that's more presentable. Good luck!
Thanks for sharing.
{quote} I've been testing and coding for months. Rebuilding Blessing and learning what it can do more recently. I just put that CADJPY setup on Demo for testing yesterday. I've got a few lesser setups on live and a couple are doing well. Too soon to tell. I don't really trust the big-winning back tests. But I'll keep Demo testing them to see what's possible. I think 50% to 100% per month is not unreasonable. That's what I'm shooting for. Not there yet. Too soon. I just got the faster version of Blessing working a few days ago. I've been testing...
Good luck in your quest to test and I wish you many green pips along the way!!
"All good things to those who wait"
