edit:stupid mistake. looks like the long was a good trade and about to reach T/P.
- #81
- Edited 4:41pm Dec 11, 2007 4:27pm | Edited 4:41pm
- | Joined Aug 2006 | Status: Trader | 1,042 Posts
- #84
- Dec 11, 2007 8:57pm Dec 11, 2007 8:57pm
Backtesting is practically useless i can write an EA to turn 1000 into over 5000000 on this years data on just 1 standard lot per trade...even 90% quality on downloaded Data, but it wont work the same in Live.The only way to truely know if it will be succesful is put in in a demo and let it run and forward test it.
That why i live test this EA, to prove wether its true or not
..
- #85
- Dec 11, 2007 9:35pm Dec 11, 2007 9:35pm
- | Commercial User | Joined Oct 2006 | 2,560 Posts
Already done that...thanks for your comments
That why i live test this EA, to prove wether its true or not
- #86
- Dec 11, 2007 11:05pm Dec 11, 2007 11:05pm
Excellent, thats the only way you will truely know its potential
If no one interested on this martingale system...i might want to close this tread
....erm... i stiil have others EA that i want to share but all of them use martingale system. I do no know why i like so much using martingale system. Althought, my account have been MC several times and makes me to know better about martingale system Erm...let me thinks
- #87
- Dec 11, 2007 11:53pm Dec 11, 2007 11:53pm
- | Commercial User | Joined Oct 2006 | 2,560 Posts
Thanks Bobokus....
If no one interested on this martingale system...i might want to close this tread
Erm...let me thinks
- #90
- Dec 12, 2007 7:05am Dec 12, 2007 7:05am
- Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts
- #91
- Dec 12, 2007 7:51am Dec 12, 2007 7:51am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- #92
- Dec 12, 2007 7:58am Dec 12, 2007 7:58am
I have been following this tread with interest. I have the ea on gu and eu on 2 different demos and I only got one trade yesterday on gu on one of the platforms and not the other??? I don't know what is wrong??
maybe change the H 97 to something lower and L 3 higher??
thats why we get different result and thats why we must optimized the the EA first i use litefx when i`m optimized
and K_period 14 still nice to me - #94
- Dec 12, 2007 9:08am Dec 12, 2007 9:08am
Could you please explain the logic for the ea to make a trade, Is it when stoch reaches 97 or 3, then the trade is triggered?? Is that all that is needed to make a trade trade??
When the stoch 14 3 3 value reach 97 it will open SELL order and when reach at 3 it will open BUY order...
It use martingale system, that means no SL but multiple lot of last order when -22pips until hits TP
hehehe...that why we must optimized the value of K+PERIOD, H and L
then choose less DD
- #96
- Dec 12, 2007 10:01am Dec 12, 2007 10:01am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- #98
- Dec 12, 2007 10:21am Dec 12, 2007 10:21am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
I hope that is on a demo account. also it looks like you are running it on a m15 chart. I have all of mine on the 1hr like suggested.
(there is more money on my live account ^^ ) but i use more or less the same template on my demo version (standard MT4) and my live version FXlite adapted version of MT4 as i'm developping my indicator at work and at home.Also, i think it is still intersting to test it on another TF... I'll wait for the thread starter for comment.
- #99
- Dec 12, 2007 10:42am Dec 12, 2007 10:42am
As showing on the screenshot, it is a demo account
Also, i think it is still intersting to test it on another TF... I'll wait for the thread starter for comment.
Stoch Power v2 was optimized using Tf H1 therefore less trade and less drawdown...but when TF H1 seting be used in TFM15, so more trades and more drawdown and will make your account blown up