I'm dealing with MT from over one year, and now i feel cheated.
I did an EA that generates over 98% of positive transactions with 90% modeling quality. CHeck this out:
http://forex.webup.pl/mt/temp1.jpg
felt lucky millionaire till i check whats happen in M1 chart. Results were sad :|
In my script I used Bands values but only from M5 period so the code is like this:
double HBands = iBands( NULL, PERIOD_M5, 20, 2, 0, PRICE_TYPICAL, MODE_UPPER, 1);
I tried to understand where is the difference between M1 and M5 periods in tester procedure, so i did a small investigation. I modify my script in way to save calculated bands data to a file after every tick.
The results are that:
in M1 test period:
(in C column are ticks, column D and E are calculated bands values)
http://forex.webup.pl/mt/temp1a.jpg
and in M5 test period:
http://forex.webup.pl/mt/temp1b.jpg
As You see ticks are exacly thesame in M1 and M5 tests periods, but there is a difference between bands values for that ticks. There are't even similar.
After that I did a charts from those data that shows me what's going on, and as soon as i saw that i thought my heart get attack.
Let judge it by yourself:
M1 test period:
http://forex.webup.pl/mt/temp2.jpg
and M5 test period:
http://forex.webup.pl/mt/temp3.jpg
Sooooooooooooooooooo.
As you see MT4 has a bug that is a strumbling block for makeing money on forex. Very sad...........
If someone wants i can write point by point how to test scripts in my way.
I did an EA that generates over 98% of positive transactions with 90% modeling quality. CHeck this out:
http://forex.webup.pl/mt/temp1.jpg
felt lucky millionaire till i check whats happen in M1 chart. Results were sad :|
In my script I used Bands values but only from M5 period so the code is like this:
double HBands = iBands( NULL, PERIOD_M5, 20, 2, 0, PRICE_TYPICAL, MODE_UPPER, 1);
I tried to understand where is the difference between M1 and M5 periods in tester procedure, so i did a small investigation. I modify my script in way to save calculated bands data to a file after every tick.
The results are that:
in M1 test period:
(in C column are ticks, column D and E are calculated bands values)
http://forex.webup.pl/mt/temp1a.jpg
and in M5 test period:
http://forex.webup.pl/mt/temp1b.jpg
As You see ticks are exacly thesame in M1 and M5 tests periods, but there is a difference between bands values for that ticks. There are't even similar.
After that I did a charts from those data that shows me what's going on, and as soon as i saw that i thought my heart get attack.
Let judge it by yourself:
M1 test period:
http://forex.webup.pl/mt/temp2.jpg
and M5 test period:
http://forex.webup.pl/mt/temp3.jpg
Sooooooooooooooooooo.
As you see MT4 has a bug that is a strumbling block for makeing money on forex. Very sad...........
If someone wants i can write point by point how to test scripts in my way.
Attached Images