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Optimizing a 'Loser' EA!

  • #21
  • Apr 5, 2014 8:13am Apr 5, 2014 8:13am
Quoting fxdaytrader_
{quote} google has won: reversing ea + site:forexfactory.com Maybe this is also interesting: Destroying a Trading Myth: Reversing a Losing System DOES NOT Produce a Profitable One -> http://mechanicalforex.com/2011/03/d...table-one.html
Yes. All this has been covered since trading exist ... but the myth is still alive.
MT4/MT5 EAs/Indicators/Alerts coder
  • #22
  • Apr 5, 2014 10:15am Apr 5, 2014 10:15am
Quoting FerruFx
{quote} Yes. All this has been covered since trading exist ... but the myth is still alive.
This myth is like the others - unicorns, sasquatchs and creationism that just won't wont't go away. Sadly all too many people have accepted them as real.
  • #23
  • Apr 5, 2014 10:21am Apr 5, 2014 10:21am
Quoting CodeMeister
{quote} This myth is like the others - unicorns, sasquatchs and creationism that just won't wont't go away. Sadly all too many people have accepted them as real.
That's why we call these "myths" !
MT4/MT5 EAs/Indicators/Alerts coder
  • #24
  • Apr 5, 2014 4:06pm Apr 5, 2014 4:06pm
Quoting Arav007
Here is the result of 7 days Backtesting for EURJPY H1. (Jan 1- Jan 7, 2014) Just wondering if it could be 'Optimized' in 'Reverse' way and get the 'Opposite' result. If anyone interested in doing that, please respond. Thanks {image} {image}
arav you should look for a ea that has 1:1 risk ratio meaning tp 40 pips then Sl 40pips then back test this 10 yrs back then it must loose from 10 yrs back unitl now but when you reverse this your TP on reverse should more than 3 pips to cover the spread but the balance on the graph will be different
  • #25
  • Last Post: Apr 5, 2014 11:55pm Apr 5, 2014 11:55pm
We need the Myth Busters on Discovery Channel to look into this.
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