First fooling around (with mt4)

Hi,

Just started fooling around with my first mt4 demo I opened with Alpari, before I move on to program the EAs I have in mind for myself. Anyway, don't know if this is maybe dumb really... but just took their basic MACD expert adviser and fooled around with it based on my live experience with this indi. I'm not even sure yet how it's supposed to trade - the mechanics of the settings I mean. Anyway results are below - backtesting from the beginning of 2007 on 1H charts, other tfs don't work really but I suppose 1H results should be quite reliable - though I'm not sure how much the 89.99% accuracy mentioned affects things... got some stuff to learn to sum it up and happy to. Anyway was just thinking maybe some would want to see this, seems to offer hope that if something basic like this can in theory work then smarter stuff should really rock.

I adjusted the trade size so as to get a max drawdown of 20%. Notice though that the first about 300 trades hardly make profit.

Cheers

nice work. this is how I figured out how to trade. grabbing indicators, modifying them, testing EA's. I even created a blank EA that does nothing so I could watch the charts with the strategy tester in visual mode on the weekend. It's nice to be able to control the speed of how the markets move. LOL

An addiction lol
Thanx

Just thought to update that I tried to see what's the difference between short and long trades for this one. Turns out shorts don't work really but longs do. I even adjusted the trade size for only long trades by 4 from the above test to a full lot (with starting account of a mini-lot) and still max drawdown is 15.8% and the profit - see for yourself.. Who knows, I might even actually use it too in the end, 150% profit per 27 months is not the kind of profit level I have in mind for my EAs, but it's nice too.

Hmm.. as they say, every chart has it's own trend.. looks like testing from the beginning of 2000 the trend was down up until 2007 where I started my enitial tests above. Oh well, smarter stuff should do better.