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First look at Ematrader's latest EA

  • #261
  • Jan 1, 2010 8:43pm Jan 1, 2010 8:43pm
It still gets the error 145 when testing in FxOpen

I think the spread is too high in FxOpen (2pips)??
  • #262
  • Jan 1, 2010 8:48pm Jan 1, 2010 8:48pm
Quoting wltam
It still gets the error 145 when testing in FxOpen

I think the spread is too high in FxOpen (2pips)??

Plz downlaod the new file from post #244
if u have problem with fxopen try i with ibfx. update data then run for the dates from post#1. i must work.
  • #263
  • Jan 1, 2010 8:51pm Jan 1, 2010 8:51pm
ematrader with 5- 10 tp it's working perfectly
  • #264
  • Jan 1, 2010 8:56pm Jan 1, 2010 8:56pm
The profit factor is so high it's not even giving a number for it!
  • #265
  • Jan 1, 2010 9:00pm Jan 1, 2010 9:00pm
Quoting dil
Ema will you add SELL function ?

i was also wondering this. Im getting great results from backtest but only buys. looks promising
  • #266
  • Jan 1, 2010 9:04pm Jan 1, 2010 9:04pm
TS code doesnt seem to work at all. Have a feeling this code needs ALOT of work?
  • #267
  • Jan 1, 2010 9:07pm Jan 1, 2010 9:07pm
Quoting ematrader
PLEASE FOLLOW THESE DATES FOR BACK TESTING PORPSE ONLY
from 2001-08-01 to 2008-03-16
Yes it will work for those dates. But it fails during the huge trend reversal in Aug-Oct of 2008.

If an EA is to be successful it needs to be able to operate in all market conditions. This one appears to have problems in trends heading South. If you trade without stops and can endure DD as long as you are in the general trend direction all is good. But if the trend reverses and you hold without a stop it can destroy your account. If I am wrong I would be happy to be corrected but this EA will have open trades in DD if you trade without stops and the trend goes short. Many folks lost a lot of money during that reversal.
Over confidence can be a moral hazard.... not to mention a financial one!
  • #268
  • Jan 1, 2010 9:11pm Jan 1, 2010 9:11pm
Backtest graph with the correct dates...
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.jpg Size: 36 KB
  • #269
  • Jan 1, 2010 9:12pm Jan 1, 2010 9:12pm
Thanks ematrader,

I think you have done too much work already. Let me help you to explain about the date between 2001 and 2008.

With a Buy-only no Stop Loss setting, yes it is a 100% success rate system! And it is really profitable and easy to operate.

Thanks for your New year present!

kk007


Quoting ematrader
THIS EA IS ONLY FOR EUR/USD. IT MIGHT WORK WITH OTHER PAIRS, BUT BOTH VARIABLES AND SETTINGS ARE OPTIMIZED FOR ONLY EUR/USD

Setting for the EA (Only 15 Min or higher)

Chart Eur/USD
SL - False
TS - 18
TP - 30

* I did not manuplated the historical data in in my video. You can use these settings from 2001-08-01 to 2008-03-16, to get the same results.
Why these dates. I'll explain later.

This is BETA V2.0. In my video i think i was running V4.5.
Attached Image (click to enlarge)
Click to Enlarge Name: emaea.JPG Size: 34 KB
  • #270
  • Jan 1, 2010 9:13pm Jan 1, 2010 9:13pm
Quoting Mcforex
Yes it will work for those dates. But it fails during the huge trend reversal in Aug-Oct of 2008.

If an EA is to be successful it needs to be able to operate in all market conditions. This one appears to have problems in trends heading South. If you trade without stops and can endure DD as long as you are in the general trend direction all is good. But if the trend reverses and you hold without a stop it can destroy your account. If I am wrong I would be happy to be corrected but this EA will have open trades in DD if you trade without stops...
as i said b4. wait for complete guide if u want to test it other then these days or demo or live test it. this is beta v2.0 and its semi-automated ea. hope this helps. read my prev. post
  • #271
  • Jan 1, 2010 9:24pm Jan 1, 2010 9:24pm
Quoting ematrader
as i said b4. wait for complete guide if u want to test it other then these days or demo or live test it. this is beta v2.0 and its semi-automated ea. hope this helps. read my prev. post
I will wait for the rest of the strategy. My only point was that buying the Euro during that time frame was always a winner trade if you held it. But When the big reversal hit and the Euro bottomed out at 1.25 area.. well a lot of buy strategies lost money and ended in margin calls.

I wold love to know what you would have done to protect the strategy when the Euro fell from it's high of 1.6 down to 1.25 without almost any retracement.

I am not trying to be negative, I just speak from experience, as I blew up an account during that time with a similar strategy. Since then I am very cautious about EAs that work during certain dates but fail during others. You have to have a back up plan for such contingencies and often those back up plans make the strategy less appealing during "normal" times. I will continue monitoring the thread with great interest.
Over confidence can be a moral hazard.... not to mention a financial one!
  • #272
  • Jan 1, 2010 9:28pm Jan 1, 2010 9:28pm
dil can you please post your settings please? did you get it to work?
  • #273
  • Jan 1, 2010 9:33pm Jan 1, 2010 9:33pm
Quoting ematrader
as i said b4. wait for complete guide if u want to test it other then these days or demo or live test it. this is beta v2.0 and its semi-automated ea. hope this helps. read my prev. post








Ematrader when will you have the complete version
  • #274
  • Jan 1, 2010 9:34pm Jan 1, 2010 9:34pm
Quoting Mcforex
I will wait for the rest of the strategy. My only point was that buying the Euro during that time frame was always a winner trade if you held it. But When the big reversal hit and the Euro bottomed out at 1.25 area.. well a lot of buy strategies lost money and ended in margin calls.

I wold love to know what you would have done to protect the strategy when the Euro fell from it's high of 1.6 down to 1.25 without almost any retracement.

I am not trying to be negative, I just speak from experience, as I blew up an account during that time with...
yeah with sell , it would be great
  • #275
  • Jan 1, 2010 9:53pm Jan 1, 2010 9:53pm
Guys how to change to microlot 0.01 doesnt work i want to test this ea live with 100$
  • #276
  • Jan 1, 2010 10:15pm Jan 1, 2010 10:15pm
ema posted the same repeated answer 4 times and nobody seems to stop and listen. what's the hurry?
  • #277
  • Edited 10:29pm Jan 1, 2010 10:15pm | Edited 10:29pm
Quoting kk007
Thanks ematrader,

I think you have done too much work already. Let me help you to explain about the date between 2001 and 2008.

With a Buy-only no Stop Loss setting, yes it is a 100% success rate system! And it is really profitable and easy to operate.

Thanks for your New year present!

kk007

I hope I could have been able to predict the big Bullish trend for the next few years when I was at 2001. Otherwise, success will only be guranteed with hindsight! hahahahahhahahahaha.

But if I have this kind of predictive power, I don't need an EA at all to help me to become extremely profitable. hahahahahahahaha
  • #278
  • Jan 1, 2010 10:15pm Jan 1, 2010 10:15pm
Has anyone achieved 90% tick modeling yet? With out that ALL backtesting results are WORTHLESS!
  • #279
  • Jan 1, 2010 10:31pm Jan 1, 2010 10:31pm
Quoting pilotui
Has anyone achieved 90% tick modeling yet? With out that ALL backtesting results are WORTHLESS!
Take a look. Just ran with ematrader's suggested dates and settings.

Cheers
Attached File(s)
File Type: txt Strategy Tester EMATRADER - BETA V2_0 xx.txt   176 KB | 434 downloads
txtaz
  • #280
  • Jan 1, 2010 10:38pm Jan 1, 2010 10:38pm
Ematrader will you be sharing the full version? I hope so.
My backtest trades work successfully except for the last trade. Do you know why?
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