With FxPro Demo - back test result ( 1.1.2010 - 18.05.2010 ) = great loss ! Am I the only one? FW testing with FxPro the last days ( I know that means nothing over a brief period of time ) - the same result.........
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DislikedWith FxPro Demo - back test result ( 1.1.2010 - 18.05.2010 ) = great loss ! Am I the only one? FW testing with FxPro the last days ( I know that means nothing over a brief period of time ) - the same result.........Ignored
DislikedIf you get bad results then you have something set up wrongly but we can't help you unless you give more details.Ignored
DislikedTP1 14, TP2 50, TP3 100, SL 130, TSL 14. ( everything +100 ( 5 digits broker FxPro ), that means TP1: 140 etc. ...)Ignored
DislikedHi Geoffb65,
I was making a manual backtest. And I see that chart, according to the rules it's a correct entry point, both SMA are up between 23-00 (i'm with alpari +2GMT). But in your Report there is not a trade for that day. Am I wrong?
The trade was 2010.04.06 at 01:00Ignored
DislikedHi Geoffb65,
I was making a manual backtest. And I see that chart, according to the rules it's a correct entry point, both SMA are up between 23-00 (i'm with alpari +2GMT). But in your Report there is not a trade for that day. Am I wrong?
The trade was 2010.04.06 at 01:00Ignored
DislikedTP1 14, TP2 50, TP3 100, SL 130, TSL 14. ( everything +100 ( 5 digits broker FxPro ), that means TP1: 140 etc. ...)Ignored
DislikedIncorrect!
You do not multiply everything by 10 for this EA!
But please check your broker GMT offset!Ignored
DislikedCorrect, the EA already takes care of 4/5 digits brokers for you: all input values are in PIPS, whatever broker you use.
TP1 set to 14 means 14 pips.
140 means 140 pips.
BTW running backtest with MT4 during the week-end (= markets closed) makes it use VERY HIGH SPREAD values: i get 8.1 pips spread currently during the week-end with Alpari on GU... (81 "points", Alpari is also 5-digits)
Where the usual typical range is 0.6~1.5pips during the week.
As far as i know, MT4 does not know how to determine the real spread during backtest, so...Ignored
DislikedThat's right, the EA already takes care of 4/5 digits brokers for you: all input values are in PIPS, whatever broker you use.
TP1 set to 14 means 14 pips.
140 means 140 pips.
BTW running backtest with MT4 during the week-end (= markets closed) makes it use VERY HIGH SPREAD values: i get 8.1 pips spread currently during the week-end with Alpari on GU... (81 "points", Alpari is also 5-digits)
Where the usual typical range is 0.6~1.5pips during the week.
As far as i know, MT4 does not know how to determine the real spread during backtest,...Ignored
DislikedRegarding the 4 or 5 digit case, I have a question that you may know something about.
The EA uses the quoted Ask and Bid prices to generate the order but I have had occasions where a 4 digit broker (TDFX) quotes 5 digit prices, so when the EA uses these to generate the order it is rejected!
This could be because TDXF are STP so the prices quoted come direct from the market as 5 digits but it is a problem!Ignored
DislikedAsk and Bid are prices, so are not expressed in pips or points or anything else but just the currency itself.
So it does matter using 4,5, or 6 digs brokers: Ask and Bid will just have 4,5, or 6 digits after the coma: 1.5123 or 1.51234 or 1.512345 for instance.
What can make a difference is the slippage, which is expressed in "points", and THAT will be different between 4,5,6 brokers: a slippage of 3 pips should be sent as 3,30, or 300 depending on the broker.
A slippage value of 3 on a 5-digits broker will be actually 0.3...Ignored
DislikedAsk and Bid are prices, so are not expressed in pips or points or anything else but just the currency itself.
You can change it to be "5*Poin/Point" to solve this.
SqIgnored
Disliked5*Poin divided by Point
=5*Poin/Point
You use "Poin" to express the pip value; (i call it "pip" in my EAs, so there is no confusion )
SqIgnored