It had been a wild ride for me. I went on a +2000 pips and -2000 pips ride since Sunday 6pm. Now, I'm back to flat from last Friday's close. I'm testing the 30 minutes bar right now. Let's see how that goes.
Welcome to the thread! Good questions you have - I'd love to get answers as well believe me
I think the closest thing would be to perform backtests on the same broker Mr Ed uses, ie FXDD and with his optimizations (days & bars per pair). I would suggest to run every tick (not only on control points) and ensure modelling quality of 90% to have some level of confidence in the results.
DislikedVery interesting findings, Barry. Thanks for all your hard work.Ignored
DislikedI optimized the ea setting for every curency for year 2009. I used alpari uk platform and Metaquotes data. i didnt use mr ED's optimization.
Defoult settings were:
2 part trade
0.1 fixed lot
Ravi filter on
after 2009 optimization i tested every set file if it can survive 2007 and 2008
now i have set files for every pair that can survive (or be profitable) in 2008 and are very profitable in 2009 (from 300 to 800 %)
I am testing everything on alpari uk demo for a month now and it looks very promissing.For now i am 80% in...Ignored
DislikedIt had been a wild ride for me. I went on a +2000 pips and -2000 pips ride since Sunday 6pm. Now, I'm back to flat from last Friday's close. I'm testing the 30 minutes bar right now. Let's see how that goes.Ignored
Ok, well I took Longbar's advise & backtested six pairs in Mr.Ed's broker, FXDD, using his optimizations, days & specific bars. If you want to see the times currently recommended for trading they are on the other thread.
So, firstly I opened a demo account with FXDD & downloaded the historical data & ran Mr.Ed's settings & optimizations for six pairs for 2009. This also includes his choice of whether to come out at TP1 or use a two-part trade. This information can also be found on the other thread. These were the results from Jan 1,...Ignored
DislikedI had the EA vr. 1.6.2 optomised for the currency pairs for trading on FXdd where my account is. Then I had an email from them informing me of the leverage reduction so I opened an account with Alpari (UK) who offer 500:1. When I back tested the EAs there I got wildly different results, so I've optomised them for Alpari. Having noticed that FXdd get their data from Metaquotes and Alpari don't I phoned the tech help this morning to find out more. The woman told me that Alpari began trading in 2006 and have their data in the historical files but that...Ignored
DislikedI would use 4 Hour or even Daily charts if you're a day-trader or short-term trader. I rather be a long term trader.Ignored
DislikedIn the EA, there's a parameter for Entry. What's Revered Retrace means?Ignored