MetaTrader4.0 EA Forward Testing Anyone? Come Let's Go!!!

Taking the opportunity to Give back as well as allow like-minded members to collaborate and find best workable Settings in Forward Test.
For the Shared EA you can join and test
Share your best Settings and on what instrument you had Success
Those are the Aims.
Let's See How it Turns out and how we can all benefit by taking a nibble each out of this elephant.
God's Speed To us all and Happy Testing.
P.S. the Aim is to Find workable settings for the Live environment, not necessarily the best looking back tested Equity curves.
* Test On and do share your test results and setting.

...#For the Settings File, try opening as a '.txt' file then save back as a '.set'; hopefully that works. The Setting file is not accepted by the FF Server. The Jerry-rigged attempt here(below). be Blessed! [updated as requested 26May26]

Gold test Results for 2k23 to 25April25.
Bless the Lord! Amen!
Having Challenges uploading the Settings file. Said format not Support, or some such. Do view the Test summary and take inputs from thee to be your starting point if you Like.

The EA Name says its function and on the given time frame the settings will interact hopefully to get increasingly practical and real-time implementable results.

Looks good. Winner winner, Chicken Dinner.

I like the low risk level and the multiple orders that it will take: 0.2 lots per 10k. It will pyramid trades up to a maximum position size up to 3.2 Lots?
I will kick its tires, and give it a run on EU. You are running it on Gold, with very specific trading time windows, and on H4.
Unfortunately I can't trade XAU with my broker, so it will have to be some other instrument.
58.33% winners which means it runs with a SL. Very good.
It looks like it uses the ATR, and a risk to reward multiplier (ceMultiplier = 4)??? I like straddle traders!
What I hate about straddle traders, is the 50/50 Win to Loss ratio. I run something similar that I coded, and I hate the drawdown periods.
They always make me nervous. Your report show a DD of (32.92%) That, I think can be tightened up to the 10% range.
It appears the Daily max loss percent is 120%??? and Max win is 160%.

What is the Ce prefix?

It looks like you have been working hard on it.

Thanks for the share!

I would suggest adding a Magic Number generator, and an Auto Broker GMT Offset adjustment function so the trading time windows will not break when run with different brokers. Meaning different brokers have different time clocks on their platforms, and that will mess up your performance because the trading windows will shift.

Your set files can be cut and pasted into a .txt file for people to copy into the Properties Input window, or you can paste them into a reply here. Or you can paste a picture of the Expert Advisors Properties Input window. Any of those will provide the settings.

Slight improvements to the Previous..



There has been some encouraging results on AusUsd; UsdJpy; EurUsd & BtcUsd. keeping it Prayerfilled and Hopefilled.
Together we can!!
In Everything we seek to Be Thankful and grateful

#Bless the Lord for you indeed. Thank you for kind the inputs.
#You are welcome to change all the parameters to fit your Style and needs.
#my broker is Afterprime ltd., I am not trading from USA or CANADA,
#CE is Chandelier Exit
#The Times are Server times so it should latch onto your broker's trading clock. Hopefully you broker's time remains the same all year round when referenced to the exchange trading time in USA Asia or UK <<remain invariant with daylight savings time changes>>.
#The denotations of settings go down to 0.01 so test away! If you have sufficient PC resource such as a Bitcoin miner-grade then you can just set it to optimize and let it run through the settings over a day or two.. Brute force method. i unfortunately am not so blessed... YET!
# <<It appears the Daily max loss percent is 120%??? and Max win is 160%.>> set this to what you Like. for instance try 10%(Gain_top one) and 2.5%(Loss_the lower one) and see. It is a means of setting daily performance limits. with this we keep living to fight another day when the bad times come.
# Regarding the straddle, there is the option to use market orders as opposed to pending orders(in the straddle): So, once the directional alignment (if selected), is met then it goes. The more hands on deck, the more varied the approaches and progress should be.
#Looking forward to see the results of your tests. What you can also do is use these as foundational then choose your instruments, play around with the Chandelier's Inputs as you like.

God's Speed and many happy Green pips to us all.

Your test period was 2023.01.03 to 2025.04.25.

Run it again, with the exact same settings, but with a different data set and see if it breaks.
I would suggest running it from 2021.01.03 to 2022.01.03

As you know curve fitting your settings, is a recipe for disappointment. In other words, will your settings hold up in a completely different time period? Praying is nice, but things that you can really count on is more reassuring.

very sorry but only taking long on gold during this time is not much to get excited about .. keep going and aim to get the short side with similar accuracy

“The Final Analysis,” by Mother Theresa

“The Final Analysis,” by Mother Theresa People are often unreasonable, illogical and self centered … forgive them anyway! If you are kind, people may accuse you of selfish, ulterior motives … be kind anyway! 206 THE 10 ESSENTIALS OF FOREX TRADING If you are successful, you will win some false friends and make some true enemies … succeed anyway! if you are honest and frank, people may cheat you, … be honest and frank anyway What you spend years building, someone may destroy overnight … go ahead and build it anyway! If you find serenity and happiness, people may be jealous … be happy anyway! the good you do today, people will often forget tomorrow … do good anyway! Give the world the best you have, and even that may never be enough … give it anyway! You see in the final analysis, its all between you and God, it was never between you and them anyway!!

Thank you for your time @Spearion. Much appreciated. If able, See if you can lend some of your PC resources, even time; time to helping us see how this EA (and maybe others) can be used to trade your favourite Security on any time frame.. Prime Objective.

why?

Your back test is not accurate, you have 0% tick data and 50496 chart errors.

I tested the EA with your exact same settings using 99% tick data and the results are below.

It also gave multiple OrderSend error 4051 and 130 so you need to check that out.

I'm not sure if this EA can be made profitable, but I'll have a play at it when I get some time.

Your efforts are most appreciated. Thank you for the critique of the back test. It is not the best, if it appears misleading that was never the intent. The plan is to have it tested, see what practical settings can be put to it. To my mind the strategy has merits and can be applied across a range of securities. To the extent that we can collabourate and make it better, here for those who so desire it would be a dream and a blessing.

My journey here has been so blessed by so many generous souls so I am biased towards that mode of operation. Trading is challenging so any assistance that can be rendered, in addition to choosing an excellent broker(persons underestimate this as a major risk generator), will be welcome.

Finally the errors, I see them and if you are able to fix well I'd be only peeved if you can and did not. Thanks a bundle and may the well oiled of collaboration(Spirit of), that I have enjoyed here on FF, From Stevehopwood, to FerruFx and Hanover..(to name a few) Well! you see the pedigree, So We have to carry on from where they have taught us. IMHO

GD MrDFx, by now I was hoping we would have had a little more participation, inline with the stated intents of this thread. I remain grateful for those who have shared thus far and wish to again thank you for your inputs.

Kindly help (by sharing your process) or please point me in the direction to improve my backtests, that in the future mine may also approach the the quality that you have achieved and shared.

Thanking you in advance.

To achieve 99% modeling quality in MetaTrader 4 backtesting, you need to use real tick data and enable the "Every tick" model in the Strategy Tester. You'll also need to configure the "Use tick data" option and provide the path to your FXT format tick data file.
Here's a step-by-step guide:

1. Obtain Real Tick Data: You'll need to acquire real tick data, which is a more precise representation of price movements than the standard 1-minute candle data used by default in MT4. This data is often obtained from brokers or third-party providers.
2. Install and Configure Tick Data Suite (if applicable): Some software, like Tick Data Suite 2, is designed to facilitate real tick data backtesting and may be required for incorporating real variable spreads.
3. Open the Strategy Tester: In MetaTrader 4, navigate to "View" > "Strategy Tester".
4. Select Your EA: Choose the Expert Advisor (EA) you want to test.
5. Set the Model to "Every tick": Under the "Model" dropdown, select "Every tick".
6. Enable "Use tick data": Check the "Use tick data" checkbox.
7. Specify the Data Path: Enter the path to your FXT format tick data file in the "Path to data" field.
8. Run the Backtest: Click "Run" to start the backtest.
9. Analyze the Results: The "Report" tab will display the backtest results, including the modeling quality (which should be 99% if the data is correctly configured).

Obtaining Tick Data:
https://www.mt4backtest.com/#:~:text...20incorporated.

GD All,
For the attached test, should the fact that only Longs were taken be a cause for concern? It was set to trade both ways, not Longs alone.
NB the Share results here differs from the Page1 Algo.
Getting to 99% is pivotal to urgent decisions.
Comforted in the fact that with God all things praiseworthy, are possible.

Even now at 25% modeling quality for the full month of April 25 with a $5K balance, the wonderment at what a 99% modeled Test might reveal of the true trade potential?

:

For April 2025, XauUsd.

GD, still at it ALL:
Below as is, Projected for may2k25 to date. Well Be low what would be Laudable; of the order of 1x for 20 days would be a desirable datum, considering real time would have to be decremented at least 50%. Let that suffice, till we have acquired the acumen to test at 99% "accuracy". Still, we bless the Lord, as it has potential, in time shall see what is actualized. The Beauty is that, the strategies seem applicable across a range of Securities, just the time to zero in, on the respective
non- curve-fitted settings.
Always the time, that we do not posses. Thankfully, God is able.

Here we tested 01-16May2k25, on a lower time frame, dropping form H1, used above (All else unchanged):

The attached is what resulted.
Comparable to the NAS100 results, that on H1 and XauUsd on m5. Twists and Tweaks capture the favorability inherent in the character of each Security. Still we need the acumen to repeatedly test at 99%