Great EA. Anyone interested in forward testing? | Page 7 | Forex Factory

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Great EA. Anyone interested in forward testing?

  • #121
  • Sep 29, 2008 8:26am Sep 29, 2008 8:26am
Interesting Idea. it could be calculated to handle 6 consecutive losses to provide extra comfort.


Quoting Gambler180
I am not a big fan of martingale but I am wondering if it could be a good idea to make positions larger after x amount is lost. Max consecutive losses since 2000 is only 3. We know what the stop loss is, and we can calculate what that stop loss is in dollars. Do you think it would be a good idea to increase the lot size after having lost 5 % for example?
  • #122
  • Sep 30, 2008 8:58pm Sep 30, 2008 8:58pm


Attached Image (click to enlarge)
Click to Enlarge Name: 4 eg king ea sept 30 2008.jpg Size: 298 KB


Another win. So far 4 for 5. Nice.
  • #123
  • Edited 4:34am Oct 1, 2008 2:09am | Edited 4:34am
My 5th trade has been open for about 7 hours now. It is a short trade that is currently negative about 5 pips. I am quite worried at this point. I don't want to fall to far behind in the testing race.

I have won 3 out of 4 closed trades.

EDIT Update:
My 5th trade lost. So I have now won 3 out of 5 and have a loss. It was my second trade for the day. The first trade won.
Attached Image (click to enlarge)
Click to Enlarge Name: King3.jpg Size: 111 KB
  • #124
  • Oct 1, 2008 2:13am Oct 1, 2008 2:13am
Quoting Gambler180
That was just to find someone would be willing to test it for a long time. The deal was he forward test the EA and I get the results in return, but if others are interested to have the EA running 24/7 for the next 2-3 month and post the results here I will post the EA. IS anyone interested in having the EA running for such a long time?
I am, so just post it...if you not already done that
I don't say
  • #125
  • Oct 1, 2008 2:25am Oct 1, 2008 2:25am
Quoting dragosd1
I am, so just post it...if you not already done that
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #126
  • Edited 2:43am Oct 1, 2008 2:25am | Edited 2:43am
Quoting azjeff
Hello everyone,

I mentioned to everyone before this ea has been modified several times and has been back tested and forward tested and best results are break even. I see no one took my advice, lol. For those of that keep on with this expert good luck. I am not being critical just realistic.

Regards,
Jeff
I think people are hearing what they want to hear, not what is being said.
  • #127
  • Oct 1, 2008 1:14pm Oct 1, 2008 1:14pm
Hi...

I backtested this EA with different configurations... I found no suitable settings.... one month it works and the next it doesn't.

Any way... two points:
1. I modified the line for checking the time to take into account two cases instead of one. This is because I found it trading at times it was not supposed to.

2. I tried adding another indicator (Williams Percent Range)... You can see it commented out. The result was only one successful trade in the months of august and september.

The modified file is attached.

The EA needs adding more conditions (or indicators) for the trades to avoid the losing trades. Any ideas?
Attached File(s)
File Type: mq4 EURGBP_King.mq4   3 KB | 484 downloads
  • #128
  • Edited Oct 5, 2008 12:19pm Oct 4, 2008 6:54pm | Edited Oct 5, 2008 12:19pm
Hi all

Here is the update for the week on this EA Demo. . .
Attached Image (click to enlarge)
Click to Enlarge Name: 6 eg king ea oct4 2008.jpg Size: 320 KB

So far 5 winners and 2 losses.
  • #129
  • Oct 6, 2008 8:46pm Oct 6, 2008 8:46pm
Still cookin' right along

Attached Image (click to enlarge)
Click to Enlarge Name: 7 eg king ea oct 6 2008.jpg Size: 313 KB
  • #130
  • Oct 6, 2008 10:34pm Oct 6, 2008 10:34pm
Quoting andante9
Still cookin' right along

Attachment
Keep in mind that the market is incredibly volatile right now (That's a good thing). The top ATC EAs have already increased their deposits 5 or 6 fold.
  • #131
  • Oct 6, 2008 10:50pm Oct 6, 2008 10:50pm
Quoting Ronald Raygun
Keep in mind that the market is incredibly volatile right now (That's a good thing). The top ATC EAs have already increased their deposits 5 or 6 fold.
Good point RR.

I do not have access to the top ATC EA's though, so I will have to be content testing ones I find on FF. This EA may or may not continue to be profitable in different market conditions, time will tell. I suspect it will run into some difficulties because of the R:R ratio. Also, I prefer to let the market decide my TP on successful trades (use TS rather than a TP) and this EA will not allow such a setup.

For the time being I am simply reporting the forward test results as I indicated I would do.



Dan
  • #132
  • Oct 6, 2008 10:57pm Oct 6, 2008 10:57pm
Quoting andante9
Good point RR.

I do not have access to the top ATC EA's though, so I will have to be content testing ones I find on FF. This EA may or may not continue to be profitable in different market conditions, time will tell. I suspect it will run into some difficulties because of the R:R ratio. Also, I prefer to let the market decide my TP on successful trades (use TS rather than a TP) and this EA will not allow such a setup.

For the time being I am simply reporting the forward test results as I indicated I would do.


Dan
I posted an account copier on the oasis awhile ago. There is also one here.

Ever wonder what I did with it?

Guess who increased his account 5 fold?
  • #133
  • Oct 7, 2008 8:11pm Oct 7, 2008 8:11pm
Quoting Ronald Raygun
I posted an account copier on the oasis awhile ago. There is also one here.

Yes I recall that.

Ever wonder what I did with it?

Yep.

Guess who increased his account 5 fold?
Ummm. . . congrats!
  • #134
  • Oct 7, 2008 9:12pm Oct 7, 2008 9:12pm
Quoting andante9
Ummm. . . congrats!
My point is that's a good time to use the account copier. I'm copying the top three EAs in the ATC right now.
  • #135
  • Oct 7, 2008 10:38pm Oct 7, 2008 10:38pm
Quoting Ronald Raygun
My point is that's a good time to use the account copier. I'm copying the top three EAs in the ATC right now.
Smokin! Thats very clever! You are light years ahead of me my friend. Nice job.
  • #136
  • Oct 14, 2008 1:32am Oct 14, 2008 1:32am
A good start to the week. Two quick wins.
Attached Image (click to enlarge)
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  • #137
  • Oct 15, 2008 5:36am Oct 15, 2008 5:36am
Quoting Ronald Raygun
My point is that's a good time to use the account copier. I'm copying the top three EAs in the ATC right now.
Can you explain a bit more what and how you are doing? Thank you in advance for your answer.
If you're not part of the solution then you're part of the problem.
  • #138
  • Oct 16, 2008 7:09pm Oct 16, 2008 7:09pm
Quoting azjeff
Hello everyone,

Let me save everyone some time on this ea. This ea has been tested in another private forum. It has been back tested and forward tested. Best results were a little better than break even. Now that does not mean it can not be a consistent profitable ea but from what I know it would be better if people moved on to another ea.

Regards,
Jeff
I agree. It looked too good to be true, plus now that its in the public domain it's bound to stop working once enough people use it
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  • #139
  • Oct 16, 2008 7:28pm Oct 16, 2008 7:28pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting nodgie
I agree. It looked too good to be true, plus now that its in the public domain it's bound to stop working once enough people use it


"....it's bound to stop working once enough people use it"

what a BS
  • #140
  • Oct 16, 2008 8:22pm Oct 16, 2008 8:22pm
It's a thinly traded pair (EURGBP) and it is a scalping EA. If a bank dealing desk trader was looking at FF and got the EA, he could put it in his own quant software.

That would effect everyone's success.

Quoting onu
what a BS
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