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Simple H1 GBPUSD EA

  • #7,961
  • Aug 8, 2010 11:22am Aug 8, 2010 11:22am
Quoting lawgirl21
I second that emotion.....
  • #7,962
  • Aug 8, 2010 12:14pm Aug 8, 2010 12:14pm
Quoting iulli
Ok I am not really a newbie, but as I can see you are using same broker as me.. can you please backtest this ea and tell us how does it look? You shouldn't be happy only with forward test if you are going to risk your hard earned money on it. If you use is based ONLY your forward testing , and backtest looks same like mine, you are going to lose in the end when it hits SL. I remind you base on my backtesting with this broker in last six month the ea hits stoploss only 3 or 4 times, but it was enough to erase all profits... thinks about it.

IF...
FXDD Malta 8/1/09 to 8/1/10
chart shows one of the losing trades. The timing function should help quite a bit to eliminate a good amount of the losing trades. Only one of the losing trades in this backtest would not have been eliminated. They all more or less looked like this. There was a brief return to breakeven + a few pips after about 8 hours or so. Very astute observation...
Attached Image (click to enlarge)
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  • #7,963
  • Aug 8, 2010 12:27pm Aug 8, 2010 12:27pm
Quoting jiva34
FXDD Malta 8/1/09 to 8/1/10
chart shows one of the losing trades. The timing function should help quite a bit to eliminate a good amount of the losing trades. Only one of the losing trades in this backtest would not have been eliminated. They all more or less looked like this. There was a brief return to breakeven + a few pips after about 8 hours or so. Very astute observation...
thankyou jiva34 for your post and observations, when market starts I will recheck all my settings to see what I am missing.
  • #7,964
  • Aug 8, 2010 12:49pm Aug 8, 2010 12:49pm
Quoting geoffb65
The tester always uses the latest spread from your MT4 platform, if as you say
FXDD Malta is fixed spread then It should show "normal" spread even at the
weekend, so your test results should be ok!

Alpari UK spread is normally around 3 pips but today and most weekends, it is 27 pips!

The history that you download from Metaquotes does not include spread data
which is yet another reason why back-test results should be viewed with caution.

P.S. Thank you for your "priceless" efforts on my behalf with the FF problem!
http://t2.gstatic.com/images?q=tbn:A...6xJWSjwFod5es=
  • #7,965
  • Aug 8, 2010 1:02pm Aug 8, 2010 1:02pm
Quoting jiva34
FXDD Malta 8/1/09 to 8/1/10
chart shows one of the losing trades. The timing function should help quite a bit to eliminate a good amount of the losing trades. Only one of the losing trades in this backtest would not have been eliminated. They all more or less looked like this. There was a brief return to breakeven + a few pips after about 8 hours or so. Very astute observation...
Jiva, how does this demo chart compare with your FXDD live results?

Have you really had this many losing days?

If so, I think you need some different optimised settings if you are going to carry on using FXDD!
  • #7,966
  • Edited 1:53pm Aug 8, 2010 1:33pm | Edited 1:53pm
Sorry to bug in again, geoff please check this screen shot I have, there are some errors when it is backtesting... You think this might be the problem?


Edit:

Also It is confirmed, I ask my broker (fxdd) and they replayed:
Currently, MetaTrader4 Platform is running on GMT + 3 offset.

So my conclusion, despite sarcasm showed by lawgirl21, tommyd or others that like only to receive help but not to share or help others, there is some kind of a problem with this system and the broker fxdd.

Either there backtest hystory is messed up or they have some diferent rules that conflict with this ea. If I am wrong please correct me.
Attached Image (click to enlarge)
Click to Enlarge Name: geoff-backtesting.gif Size: 87 KB
  • #7,967
  • Aug 8, 2010 1:40pm Aug 8, 2010 1:40pm
Quoting geoffb65
Jiva, how does this demo chart compare with your FXDD live results?

Have you really had this many losing days?

If so, I think you need some different optimised settings if you are going to carry on using FXDD!
I caught the 7/16 loss, x3..No one else had a trade that day. I should have known something was up when mine triggered and no else's did.
Still reeling a bit from it.
I was getting ready to run optimization. I'll run it now.
  • #7,968
  • Aug 8, 2010 1:44pm Aug 8, 2010 1:44pm
Quoting iulli
Sorry to bug in again, geoff please check this screen shot I have, there are some errors when it is backtesting... You think this might be the problem?
This is one that piptician will have to pick up I'm afraid...
  • #7,969
  • Aug 8, 2010 1:45pm Aug 8, 2010 1:45pm
Quoting jiva34
I caught the 7/16 loss, x3..No one else had a trade that day. I should have known something was up when mine triggered and no else's did.
Still reeling a bit from it.
I was getting ready to run optimization. I'll run it now.
The same loss happened to me on Alpari UK as well so I don't think it's specific to FXDD only (2 x loss but still hurt like hell...)
  • #7,970
  • Aug 8, 2010 1:51pm Aug 8, 2010 1:51pm
Optimizer only will do one pass and results offer no improvements. Same settings are returned. Looks like it is already optimal..
  • #7,971
  • Aug 8, 2010 1:54pm Aug 8, 2010 1:54pm
Quoting dambuster
The same loss happened to me on Alpari UK as well so I don't think it's specific to FXDD only (2 x loss but still hurt like hell...)
I'm looking at the other losses including the two consecutive losses!
  • #7,972
  • Aug 8, 2010 1:58pm Aug 8, 2010 1:58pm
Quoting jiva34
Optimizer only will do one pass and results offer no improvements. Same settings are returned. Looks like it is already optimal..
I don't think you are using the optimiser correctly, maybe iulli can do the optimising for you!

Here is a very useful article:
http://www.easyexpertforex.com/backt...imization.html
  • #7,973
  • Edited 2:14pm Aug 8, 2010 2:04pm | Edited 2:14pm
Quoting geoffb65
I don't think you are using the optimiser correctly, maybe iulli can do the optimising for you!
Very possibly so. Research time...again, forever...

Thanks you for pointing out proper use of optimizer. A little reading up on it shows that the box next to the parameter in settings pop up needs to be checked for the optimizer to evaluate it. Always wondered why those boxes were there.
  • #7,974
  • Aug 8, 2010 2:15pm Aug 8, 2010 2:15pm
Good morning....pouring with rain....so lets hope we have a good trading day...

Geoff....did you look into the MA angle's....



And thankyou for the vouch.....makes me feel wanted..
  • #7,975
  • Aug 8, 2010 2:23pm Aug 8, 2010 2:23pm
Quoting calstock
Good morning....pouring with rain....so lets hope we have a good trading day...

Geoff....did you look into the MA angle's....



And thankyou for the vouch.....makes me feel wanted..
Hi calstock

You deserve a few vouches, your trading style makes you outstanding!

I did try the MA angle on the 10 SMA but the "timed exit" gave much more
positive effects without reducing the number of trades too much but I will
continue trying with the slope.... I am always looking to improve!
  • #7,976
  • Aug 8, 2010 2:24pm Aug 8, 2010 2:24pm
Quoting jiva34
Very possibly so. Research time...again, forever...

Thanks you for pointing out proper use of optimizer. A little reading up on it shows that the box next to the parameter in settings pop up needs to be checked for the optimizer to evaluate it. Always wondered why those boxes were there.
Isn't life just full of little tick boxes!
  • #7,977
  • Aug 8, 2010 2:25pm Aug 8, 2010 2:25pm
Quoting geoffb65
Isn't life just full of little tick boxes!
I like your attitude.
  • #7,978
  • Aug 8, 2010 2:26pm Aug 8, 2010 2:26pm
Quoting geoffb65
Hi calstock

You deserve a few vouches, your trading style makes you outstanding!

I did try the MA angle on the 10 SMA but the "timed exit" gave much more
positive effects without reducing the number of trades too much but I will
continue trying with the slope.... I am always looking to improve!
Thanks Geoff....

Have a good evening...
  • #7,979
  • Aug 8, 2010 2:40pm Aug 8, 2010 2:40pm
Quoting jiva34
I caught the 7/16 loss, x3..No one else had a trade that day. I should have known something was up when mine triggered and no else's did.
Still reeling a bit from it.
I was getting ready to run optimization. I'll run it now.
Jiva, I caught that 7/16th 3 losing trades on my FXDD account too. You're the first person to mention having that same loss that I've noticed on this thread (dambuster the next). So now, I need to Optimize.

The good news was those losses were on my DEMO account.

My live account where I'm up around 300 pips is IBFX.

Thanks Geoff for link to optimization article for those losses have been bugging me. In fact, I'm live with EA V9 because I've been reluctant to use Tokyo version live due to those losses. Hopefully, I'll get optimzation right to move forward with latest version.

Thanks Jiva for post.

Rando
  • #7,980
  • Aug 8, 2010 2:51pm Aug 8, 2010 2:51pm
hi there.

i have opened a live account aty fxdd, and did several backtests with this ea and the results are not famous. Partly may be bacause of several error messages i get from the broker, when the EA is trying to executre some orders. It seems to be something similar to other users. Has anyone got around this issue? any sugestions on where to go?

thanks

nmtlopes
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