OK, I am not forward testing, I am doing this live. I want to make sure that "theoretical" results in demos versus actuals differences are worked out and I mitigate that risk by trading very very small size. I don't have a lot of faith in demos. I also haven't yet found an MT4 broker I trust. So instead of writing EAs and relying on such results as proof of concept, if I can't enter the orders manually and get the same results, how can I trust that the strategy really works?
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Now about the last sentence, how does one change an order if long or short orders _are_ close to the actual price at trade time?
Perhaps if I could quantify what is done in that case, my results would be closer to what you are showing in your demo?? Do you have an algorithm for such cases? In the last week at least three times the order price has indeed been close to the actual price at the trade time.
Do you fade the trade then? Move out the trade time?
Thanks.
I admire your courage in already trading this strategy live...though I agree that it's the best way to get an accurate assessment.
During the course of this thread the results that I've been posting have been a combination of demo , paper and EA traded results. They will definitely not be 100% accurate, however they do serve to give as all an idea of the potential of this strategy.
I am now posting results that are solely based on the performance of the EA, getting us closer to what we'd expect the live results to be.
Once I see the next few weeks to be consistently profitable as we have seen over the past 13 weeks, I will take the EA live.
Regarding when price is too close to the high or low resulting in no orders being calculated, pr1mer (who created the EA) may be working on a backup feature for the EA which will place orders further away from the current price in times when the above scenario occurs. I'm patiently awaiting his updated version of the EA.
rgs
mike
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