EUR/USD (6 Hour Delay)
Total Trades: 68
Total Net Pips: 5,922
Profit Factor: 1.96
EUR/USD Strategy Tester
Total Trades: 68
Total Net Pips: 5,922
Profit Factor: 1.96
EUR/USD Strategy Tester
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- #129
- May 11, 2013 12:05am May 11, 2013 12:05am
- | Commercial User | Joined May 2012 | 3,285 Posts
100Pips, I think you have the wrong chart attached on this one. Scott {quote}
- #133
- May 11, 2013 12:54am May 11, 2013 12:54am
- | Commercial User | Joined May 2012 | 3,285 Posts
100Pips, Thanks very much for all your time in doing those backtests. Interesting results! Just a couple quick questions: 1) On a couple of them you noted that the backtest only went back to Dec. 2012. But unless I missed it, I did not see what the timeframe for the other tests was. Was it a full year, or everything since 2012? Or what? 2) I am somewhat confused about one thing in the results. Why in almost every case is the average profit almost identical to the average loss? What did you specify as your TP and SL for the test? A 1:1 Profit/Loss...
1) Most of the tests should be about 1 year's worth of results, only 2 pairs (if I'm not mistaken) couldn't go any further back than December 2012.
2) As for the average profit and average losses are concerned I'm not sure why but I did notice that every once in a while trades would close before hitting their actual SL or TP targets making it smaller losses and wins than it should have been. Obviously because these results are back tested they aren't 100% accurate, however, they do give a good idea as to what can be expected. TP target was set at 350 and SL target was set at 250 but like I said, every so often trades would close early, though I'm not sure why...
You're right about the back testing not being quite as accurate which is why I want to forward test this EA using both time frames for at least six months, at that time I will know if I have something proven and profitable. Obviously if I intervene my results will be much better as I wouldn't be selling at the bottom or buying at the top of a pair's trading range.
Anyways, I'll finish up a few more pairs with 6 Hour Delay and then next week I'll do them all with a 12 hour delay to see what type of results we can experience with that setting.
Enjoy the weekend!
**Important** I've never backtested an EA before so this is fairly new to me but as far as I can tell results are pretty accurate due to the fact that we are using such a large SL and TP target for the pairs trading from the D1 chart. Also, in regards to the Demo test that I'm forward testing the results are going to be almost exactly the same as a live account due to the fact that we aren't scalping so broker spreads will not matter one bit in the long run. What we see is what we get...
- #135
- May 11, 2013 4:54am May 11, 2013 4:54am
- | Joined Nov 2011 | Status: Trader | 1,042 Posts
Money is important, Love is essential.
