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Surprising results from my new EA...

  • #1
  • First Post: Jan 27, 2010 4:51am Jan 27, 2010 4:51am
Hey all, I just coded up a new EA (my first) in only a few hours last night. It is very simple and is based on fractals. I have only tested it on GBPJPY because that is what I was designing it for... Starting with $100,000 and a fixed lot size of 1.0 it made a profit of $245,608.12 from Jan. 1, 2007 to today. Is that good?

I have attached screenshots of the results below.
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Click to Enlarge Name: ea_results2.jpg Size: 47 KB
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  • #2
  • Jan 27, 2010 6:57am Jan 27, 2010 6:57am
Quoting sat0pi
Is that good?

I have attached screenshots of the results below.
Looks already better than 95% of all other EAs on all the forums.
I would be interested in the details of this strategy.
  • #3
  • Jan 27, 2010 7:37am Jan 27, 2010 7:37am
The design actually utilizes the volatility of the markets now and jumps on big moves in the GBPJPY (since it moves the most of all pairs). For this reason it does not work well at all in very quiet markets (like 2005 and earlier) and less volatile pairs. I'm not really sure if it's going to work once the markets stabilize more...
  • #4
  • Jan 27, 2010 8:34am Jan 27, 2010 8:34am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting sat0pi
Hey all, I just coded up a new EA (my first) in only a few hours last night. It is very simple and is based on fractals. I have only tested it on GBPJPY because that is what I was designing it for... Starting with $100,000 and a fixed lot size of 1.0 it made a profit of $245,608.12 from Jan. 1, 2007 to today. Is that good?

I have attached screenshots of the results below.
If the stated absolute DD is true, than its excellent. W. Buffet is awaiting you....

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http://www.myfxbook.com/members/pc8multifx
  • #5
  • Jan 27, 2010 9:05am Jan 27, 2010 9:05am
It is true, but if you happened to start at the worst possible time the maximum drawdown would be about 20%... not sure how good or bad that is but you can customize it to your risk tolerance and perhaps increase the risk as you have locked in profits to reduce drawdown when just starting out.
  • #6
  • Jan 27, 2010 9:07am Jan 27, 2010 9:07am
Also, I have improved it now to earn over $300k profit from 2007 to today. I had a bug that was not limiting SLs for a certain type of trade it was making and it caused several losses of over $10k which ruined the performance. Now that is fixed and it is performing even better.
  • #7
  • Last Post: Jan 27, 2010 9:38am Jan 27, 2010 9:38am
Quoting sat0pi
Also, I have improved it now to earn over $300k profit from 2007 to today. I had a bug that was not limiting SLs for a certain type of trade it was making and it caused several losses of over $10k which ruined the performance. Now that is fixed and it is performing even better.
Seems good Post the EA so we can all test, thank you
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
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