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3060EA and back test help wanted

  • #61
  • Sep 20, 2013 11:26am Sep 20, 2013 11:26am
Take it easy with name calling, pls guys, makes the thread so ugly
Just PROVE Your POINT!!!!
  • #62
  • Sep 20, 2013 1:05pm Sep 20, 2013 1:05pm
Quoting xlitang
{quote} Back test is useless.
It's only useful to plan a strategy because it does not contain all the little goodies the broker has for you like slippage and spreads etc
Also xlitang thanks for changing it from Real to Demo on your account
  • #63
  • Sep 20, 2013 5:27pm Sep 20, 2013 5:27pm
Quoting xlitang
{quote} Back test is useless.

back test is the fastest test
If you are a coder, then you need to test whether EA or indicator that goes according to your expectations or not,
If you are a user, so even then you need to test before buying
and to make sure it works, you use the test in live market
if back test shows poor results
why do you have to wait for 1 year, to show the ugliness

If you know these things, you need to learn morals
if you do not know these things you need to learn at a more experienced
  • #64
  • Sep 20, 2013 5:33pm Sep 20, 2013 5:33pm
Quoting ismail77
{quote} back test is the fastest test If you are a coder, then you need to test whether EA or indicator that goes according to your expectations or not, If you are a user, so even then you need to test before buying and to make sure it works, you use the test in live market if back test shows poor results why do you have to wait for 1 year, to show the ugliness If you know these things, you need to learn morals if you do not know these things you need to learn at a more experienced
Backtests are useless in term of checking for profitability. The only use of backtest is to see if the strategy is trading as per the rules ... nothing else.
MT4/MT5 EAs/Indicators/Alerts coder
  • #65
  • Sep 20, 2013 5:37pm Sep 20, 2013 5:37pm
Quoting FerruFx
{quote} Backtests are useless in term of checking for profitability. The only use of backtest is to see if the strategy is trading as per the rules ... nothing else.
Stop copying me FerruFx lol
  • #66
  • Sep 20, 2013 6:02pm Sep 20, 2013 6:02pm
hahaha
back test to show whether yours martingale system, it's safe or not
  • #67
  • Sep 20, 2013 6:31pm Sep 20, 2013 6:31pm
Quoting ismail77
hahaha back test to show whether yours martingale system, it's safe or not
Absolutely not. Safe or not means profitability ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #68
  • Sep 20, 2013 6:33pm Sep 20, 2013 6:33pm
Quoting tradability
{quote} Stop copying me FerruFx lol
Oops yes! But some are still posting with their backtest idea to check if a strategy is "safe or not" !!!
MT4/MT5 EAs/Indicators/Alerts coder
  • #69
  • Sep 20, 2013 7:31pm Sep 20, 2013 7:31pm
OK.
does not matter
everyone has their own experience and knowledge
If you are satisfied with foward test and left back test, it's your rights,
for me it is the first step before foward test
  • #70
  • Sep 20, 2013 7:37pm Sep 20, 2013 7:37pm
I ask anyone.
if you leave the back test, and relying on forward test, and secure when you test with a forward test,
same whether the situation is when you plunge in real trade???
  • #71
  • Sep 20, 2013 8:34pm Sep 20, 2013 8:34pm
Quoting FerruFx
{quote} Backtests are useless in term of checking for profitability. The only use of backtest is to see if the strategy is trading as per the rules ... nothing else.
Amen, brother.
Follow me to the Promised Land
  • #72
  • Sep 20, 2013 8:38pm Sep 20, 2013 8:38pm
iamgotzaa,

Apologize if we hijacked your thread and please tell us if we need to stop.
Follow me to the Promised Land
  • #73
  • Oct 10, 2013 11:05pm Oct 10, 2013 11:05pm
Hi Iamgotzaa

Have put these two EAs on a cloud server and just let them run.

  1. Gain: +34.5%
  2. Abs. Gain: +34.5%
  3. Daily: 0.68%
  4. Monthly: 22.26%
  5. Drawdown: 12.24%
  6. Balance: $26900.92
  7. Equity97.00%) $26092.82
  8. Highest: (Oct 10) $26900.92
  9. Profit: $6900.92
  10. Interest: $0.71
  11. Deposits: $20000.00
  12. Withdrawals: $0.00
  13. Updated:14 Minutes ago

I think that they look very promising. Will continue testing.

GAC

  • #74
  • Oct 11, 2013 4:31am Oct 11, 2013 4:31am
Quoting iamgotzaa
my back test result {image} {image}
My EA Back test result:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1kV5.jpg Size: 150 KB
Click to Enlarge Name: 2013-10-11_183114.jpg Size: 77 KB
MQL4, Amibroker
  • #75
  • Oct 13, 2013 7:41pm Oct 13, 2013 7:41pm
have not check in my thread for a while

looks...

so many conversations
Holy grail, pls pm
  • #76
  • Oct 13, 2013 7:43pm Oct 13, 2013 7:43pm
Quoting GarethC
Hi Iamgotzaa Have put these two EAs on a cloud server and just let them run. Gain: +34.5% Abs. Gain: +34.5% Daily: 0.68% Monthly: 22.26% Drawdown: 12.24% Balance: $26900.92 Equity97.00%) $26092.82 Highest: (Oct 10) $26900.92 Profit: $6900.92 Interest: $0.71 Deposits: $20000.00 Withdrawals: $0.00 Updated:14 Minutes agoI think that they look very promising. Will continue testing. GAC
Thank you very much, Gareth.

Only downside for this EA and for me that I got very very limit capital. so, I can't run in live account. drawndown is too much (for little account)

anyway, thank you again for the result. It looks promising to me also.
Holy grail, pls pm
  • #77
  • Oct 13, 2013 7:46pm Oct 13, 2013 7:46pm
Quoting xlitang
iamgotzaa, Apologize if we hijacked your thread and please tell us if we need to stop.
no problem, man.

Let's continue show the fact and heavy discussion.
Holy grail, pls pm
  • #78
  • Oct 13, 2013 7:48pm Oct 13, 2013 7:48pm
Quoting xlitang
{quote} For me EURUSD is the best for martingale system.
so far, running demo account EURUSD is good for martingale (+some filters sto, rsi, cci etc...).
Holy grail, pls pm
  • #79
  • Oct 14, 2013 3:17am Oct 14, 2013 3:17am
iamgotzaa,

Nice strategy and demo testing it out . The EA some how is not opening orders that it supposed to. Got these errors :


2013.10.14 17:55:17 3060 SELL GBPUSD,M1: object name passed to ObjectDelete function cannot be an uninitialized or empty string
2013.10.14 17:54:47 3060 SELL GBPUSD,M1: object name passed to ObjectSet function cannot be an uninitialized or empty string


2013.10.14 17:58:00 3060 BUY GBPUSD,M1: object name passed to ObjectDelete function cannot be an uninitialized or empty string
2013.10.14 17:55:26 3060 BUY GBPUSD,M1: object name passed to ObjectSet function cannot be an uninitialized or empty string


Appreciate you can look into the above .


Tks/Rgds
Vincent
  • #80
  • Oct 15, 2013 8:31am Oct 15, 2013 8:31am
Thank you Vincent, i'll take a look.

But may take a while, I got too much work load from my day job.....
Holy grail, pls pm
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