DislikedStarting to look very promising, I used ADR 20 to calculate bar size just as a test and below are the results. {image}Ignored
Your Minimal body size is about 60?
Not according the conditions of my OP.
- Joined Oct 2020 | Status: Member | 3,878 Posts
{quote} Hello Smilee89, May I ask how you would handle GBPUSD in March? I manually backtested DOS and found probably blew 25% in mid-March. How did your strategy got out of it? Thanks Rules strictly following the original DOS, lot size was as recommended, so by calculation, the maximum Drawdown in pips was ~-1500. Add: Sorry. I have got the wrong time on my chart coz I was looking more closely the PA in H4. Yes DOS survived that pit in March
This way the DOS got caught by the great move in March and needed to bail out based on the DOS exit plan. Still, it is a gain.
This is a manual backtest but the result should be very similar in actual trade environment. Discount 90% for slippage/increased spread, DOS should be pretty fun to work with.
GBPUSD
July 2019 - now (15 months)
X-axis is number of days since Jul 2019 (not trade#)
- Joined Apr 2015 | Status: Member | 1,101 Posts
I think the theory is that you can multiply this with other pairs but lets see how it goes and when we have some EA to backtest. I am concerned on no SL policy apart from 25% acc balance. It then takes only 4 pairs tanking at the same time to wipe the account. Also, if 25% is lost - then how long it would take to recover the 33% gain needed for BE level again? {quote}
So if you can blow your account with only 4 trades, than you should be able to double your account within a short period of time.
This way you can split your account into different accounts. Lets say you have 5 different accounts($1000 each) and you blow 3 of them but you double the other 2, you would lose $3000 but gain $4000 netting $1000 in total.
But if you are doubling your account in 9 years
and risking blowing your account in 4 trades, where is the upside? whats the point?
Exactly what I am thinking. I don't like EA based trading, which has large SL levels, slow turnover and potentially hanging long time in DD.
{quote} Yah my point is that its not worth the time and effort if you're not turning over your balance quick enough. So if you can blow your account with only 4 trades, than you should be able to double your account within a short period of time. This way you can split your account into different accounts. Lets say you have 5 different accounts($1000 each) and you blow 3 of them but you double the other 2, you would lose $3000 but gain $4000 netting $1000 in total. But if you are doubling your account in 9 years
- Joined Oct 2020 | Status: Member | 83 Posts
{quote} Before you upload any EA, run some tests for different pairs and upload some screenshots to demonstrate its executions first (entries and exits of different pairs charts).
And for the best result individual test on GBPJPY from 2008 - 2020.
Overall the system is weak. Best result is GBPJPY 70% in 10 years.
Will see if I can pull some better results with more optimizations.
{quote} First test on version 1.0 28 pairs from 2010 - 2020. {image} And for the best result individual test on GBPJPY from 2008 - 2020. {image} {image} Overall the system is weak. Best result is GBPJPY 70% in 10 years. Will see if I can pull some better results with more optimizations.
You did not upload screenshots of charts of some pairs that show entries and exits.
Example:
Why?
Because your EA does not execute the conditions in post #1.