Great EA. Anyone interested in forward testing? | Page 6 | Forex Factory

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Great EA. Anyone interested in forward testing?

  • #101
  • Sep 22, 2008 11:48am Sep 22, 2008 11:48am
I have just done a backtest on the EUR/USD pair with TP at 8 and SL at 22 and it creates an exponential curve in the backtester. That is with 90 % modelling quality.Relative drawdown was only 8.61 %. and max drawdown was 7.57 %. The backtest was from 2000 to yesterday and I used the attached expert advisor. I have changed the things Tdion said so I think it also counts the spread now. Is anyone interested in testing it on this pair?
Attached File(s)
File Type: mq4 EURGBP_King1.mq4   3 KB | 573 downloads
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #102
  • Sep 22, 2008 12:33pm Sep 22, 2008 12:33pm
Something is wrong with the EA. I have just created a new thread to solve the problem.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #103
  • Sep 22, 2008 12:48pm Sep 22, 2008 12:48pm
Quoting Gambler180
I have just done a backtest on the EUR/USD pair with TP at 8 and SL at 22 and it creates an exponential curve in the backtester. That is with 90 % modelling quality.Relative drawdown was only 8.61 %. and max drawdown was 7.57 %. The backtest was from 2000 to yesterday and I used the attached expert advisor. I have changed the things Tdion said so I think it also counts the spread now. Is anyone interested in testing it on this pair?
Is it necessary for me to use this revised EA or does the issues only involve back-testing?
  • #104
  • Sep 22, 2008 12:50pm Sep 22, 2008 12:50pm
Quoting Gambler180
Something is wrong with the EA. I have just created a new thread to solve the problem.
Is the issue you have found big enough to stop forward test of the original posted EA?

How about a link to your new thread?

Dan
  • #105
  • Sep 22, 2008 1:00pm Sep 22, 2008 1:00pm
Quoting andante9
Is the issue you have found big enough to stop forward test of the original posted EA?

How about a link to your new thread?

Dan
Here is the link http://forexfactory.com/showthread.p...21#post2235221

The problem is the spread. In the EA you use if TP = 14 then the EA will close orders when the market has moved 14 pips but it should move 17 before taking profit because of the 3 pips spread. I don't think it is a big problem. As I understand it 14 just means that you only get a 11 pips profit every time and 31 for stop loss means that you lose 34 pips instead.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #106
  • Sep 22, 2008 1:20pm Sep 22, 2008 1:20pm
Quoting Gambler180
Here is the link http://forexfactory.com/showthread.p...21#post2235221

The problem is the spread. In the EA you use if TP = 14 then the EA will close orders when the market has moved 14 pips but it should move 17 before taking profit because of the 3 pips spread. I don't think it is a big problem. As I understand it 14 just means that you only get a 11 pips profit every time and 31 for stop loss means that you lose 34 pips instead.
I see. Ok then, I'll continue the forward test in progress.

Thanks
  • #107
  • Sep 22, 2008 2:09pm Sep 22, 2008 2:09pm
Quoting andante9
I see. Ok then, I'll continue the forward test in progress.

Thanks
The EA has now been fixed. A stop loss of 31 now means that the price only has to move 28 (31-3 pips) to close the position, and a target of 14 means that the price has to move 17 pips to close the position (14+3pips).

If you don't have any open positions it would be a good idea to use this new EA.
Attached File(s)
File Type: mq4 EURGBP_King.mq4   3 KB | 1,065 downloads
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #108
  • Sep 22, 2008 2:48pm Sep 22, 2008 2:48pm
Quoting Gambler180
The EA has now been fixed. A stop loss of 31 now means that the price only has to move 28 (31-3 pips) to close the position, and a target of 14 means that the price has to move 17 pips to close the position (14+3pips).

If you don't have any open positions it would be a good idea to use this new EA.
EA has been revised on my demo account as there were currently no open trades.

Dan
  • #109
  • Edited 2:18am Sep 23, 2008 1:00am | Edited 2:18am
The EA opened it's first trade for me. I am using IBFX.
Attached Image (click to enlarge)
Click to Enlarge Name: King1.jpg Size: 105 KB


The first trade was profitable. I think I'll quit testing now while I have a 100% win ratio.
Attached Image (click to enlarge)
Click to Enlarge Name: King2.jpg Size: 61 KB
  • #110
  • Sep 23, 2008 1:42pm Sep 23, 2008 1:42pm
Quoting nvwine
The EA opened it's first trade for me. I am using IBFX.
Attachment

The first trade was profitable. I think I'll quit testing now while I have a 100% win ratio.
Is that with the first or second EA? I think it's a good idea to test both of them. Andante is currently testing the "fixed" version.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #111
  • Sep 23, 2008 3:47pm Sep 23, 2008 3:47pm
Quoting Gambler180
Is that with the first or second EA? I think it's a good idea to test both of them. Andante is currently testing the "fixed" version.
I am testing the original one you emailed me. I did add a comment to the OrderSend command. I am using my own set file since I think the original settings were too curved to prior years. With my settings the EA will not trade as often.

Note to any EA beginners. Ignore any future comments I make about devastating loses or fantastic winning percentages. It just makes posting results more fun for me. It will take months of live testing to see if this is a profitable EA.
  • #112
  • Sep 24, 2008 8:50pm Sep 24, 2008 8:50pm
My second trade has opened. At 01:19 GMT on Sept. 25th I got a short trade @ .7923

I may need to pray for this trade.
Attached Image
  • #113
  • Sep 25, 2008 4:20pm Sep 25, 2008 4:20pm
So far so good on FXDD. . .as long as the percentage stays at least 2 to 1 wins to losses we're golden

Attached Image (click to enlarge)
Click to Enlarge Name: 2 eg king ea sept 25 2008.jpg Size: 296 KB
  • #114
  • Sep 26, 2008 11:24am Sep 26, 2008 11:24am
I tested on the EURUSD and EURGBP. Below are the results of this week.
The settings are the ones in the thread with SL at 34 and TP at 17. Tested 24 h per day on ibFX demo. I will give it a try in live starting next week. In my opinion worked better on EURUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: Forex26 26-Sep-08 19.20.jpg Size: 139 KB
If you're not part of the solution then you're part of the problem.
  • #115
  • Sep 26, 2008 1:53pm Sep 26, 2008 1:53pm
Does anyone have a detailed statement with a graph for this week?
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #116
  • Sep 26, 2008 2:00pm Sep 26, 2008 2:00pm
Quoting Gambler180
Does anyone have a detailed statement with a graph for this week?
Here you have the graph for the above statement...
Attached Image (click to enlarge)
Click to Enlarge Name: Forex27 26-Sep-08 21.57.jpg Size: 92 KB
If you're not part of the solution then you're part of the problem.
  • #117
  • Sep 26, 2008 7:06pm Sep 26, 2008 7:06pm
HI

for the last three months, the backtest gives bad results. I had good results by using the next parameters:
RSI_BUY = 40;
RSI_SELL = 60;
RSI_BUY_Zera = 50;
RSI_SELL_Zera = 50;

  • #118
  • Sep 27, 2008 9:39am Sep 27, 2008 9:39am
Quoting mourad_amine
HI

for the last three months, the backtest gives bad results. I had good results by using the next parameters:
RSI_BUY = 40;
RSI_SELL = 60;
RSI_BUY_Zera = 50;
RSI_SELL_Zera = 50;

What SL and what TP? Which hours and what pairs?
If you're not part of the solution then you're part of the problem.
  • #119
  • Sep 28, 2008 5:32pm Sep 28, 2008 5:32pm


Snagged another win today. . .

Attached Image (click to enlarge)
Click to Enlarge Name: 3 eg king ea sept 29 2008.jpg Size: 301 KB
  • #120
  • Sep 29, 2008 8:19am Sep 29, 2008 8:19am
Hi there all.

I may have missed this earlier in the discussion, but what is the reason for the EA entering a trade as the RSI crosses up through the 70 instead of waiting till it crosses down through the 70. It would seem from a brief review of the EA's performance that a number of stopped out trades could have been avoided if the trade had been placed later........ at the cross down.

Cheers

James
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