In optimizing an EA, which result would you consider the most important? Profit, profit factor, drawdown, etc.?
and why?
and why?
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Dislikedfor me, i just look at profit $. the other measures just come out proportional to profit $, and drawdown is just inverse generally speaking.Ignored
DislikedReturn %, drawdown, the distribution of the profits over time, "smoothness" of the equity curve, number of trades, estimated transaction costs (average spread * number of trades), averaged profit per trade, averaged profit per successful trade, number of successful trades versus number of unsuccessful trades, stuff along those lines.Ignored
Dislikedthe #1 most important factor: the modeling quality! if trades are being scalped for TPs and SLs of less than 15 pips or so (depending on the pair) a 99% MQ is critical! otherwise, M1 (90%) is usally sufficient....
the #2 most important factor: THE NUMBER OF TRADES! also, the more years in the backtest, the better...... allowing for assessment of the performance in several types of market conditions....
even this doesn't guarantee anything.... see my "Statistical analysis fallacy" thread.Ignored
QuoteDislikedUmmmm, ok. I take it you take all of those into consideration when evaluating results.
QuoteDislikedthe #1 most important factor: the modeling quality! if trades are being scalped for TPs and SLs of less than 15 pips or so (depending on the pair) a 99% MQ is critical! otherwise, M1 (90%) is usally sufficient....
QuoteDislikedIs that thread here on FF?
Dislikeddrawdown % is a matter of philosophy. personally, i accept a complete wipeout of my account as a risk in order to achieve unparalleled returns....
that doesn't mean i put all my investment capital into my strategy....
it means that forex is what you make of it.Ignored
Dislikedthe #1 most important factor: the modeling quality! if trades are being scalped for TPs and SLs of less than 15 pips or so (depending on the pair) a 99% MQ is critical! otherwise, M1 (90%) is usally sufficient....
the #2 most important factor: THE NUMBER OF TRADES! also, the more years in the backtest, the better...... allowing for assessment of the performance in several types of market conditions....
even this doesn't guarantee anything.... see my "Statistical analysis fallacy" thread.Ignored