My EA for SPX500 38831% Return

When testing an EA for SPX500. i was stunned by the result of the backtest.

--------------------NO LEVERAGE-------------
FROM 30/11/2014 to 15/03/2016 (335 trading days with tick data from peperstone)
EA traded 104 long & 206 short total of 310 trades.
30% RETURN VS -2.33% buy and hold for SPX500.
Low Drawdown 3% MAX.

THe best of all No leverage at ALL! (1:1)
No overnight exposure. Intraday long & short .
Can be set for long only &/or short only.
1 to 2 MAX trade/day.



-------------LEVERAGED---------------
Backtest done with 76x leverage settingscreen shot 1 -3
--------------------------------------------------
Starting capital = 1 000
Ending Balance & equity =389 308
38831% return


NO leverage screnshot 4,5,6


Question:
1)how good an EA with a sharp ratio <1 for live use?
2)Could bad data gives fasle positive results ?
3)How can i find a better backtesting framework ? Want to try it on 10 years or more before playing with my money.

Backtest results are worthless in term of profitability. Backtest should be used only to confirm your EA is trading as per your rules.

Live trading is the only valid test you can analyze as that's the only way to get the real market conditions.

Agreed. Trading my dax & s&p experimental ea live on a small account in my trade explorer. This guy should do the same.

Do forward test with demo account.

even better result on dow jones US30. used it on demo account to get signals for manual trade on my real account so far so good. two trade in the black.

but didnt work on the GER30 DAX ;(

so far so good demo forward testing.

can you share the EA please

Hi pbx06,

good work. I too use cTrader/cAlgo and have been utilizing some profitable trading strategies on DAX. I like the Return/DD ratio (without leverage) on your SPX bot. Keep up the good work . Just be cautious as Pepperstone has made their spreads dynamic now on all index CFDs, so your spread cost will increase going forward which might impact the results a little down.

this sucks ass.

i used tick data from peperstone seems to have spread embeded in it.


the EA is private for now because i am planning to use it in the future market not CFD where dealers quote you anything they want.
the can disable order closing.
They can slip you whatever they want.
can run priceshading.
The EA take position intraday so price feed must be not shaed/ not faked up.
Dealers can fucks me up my positions.

As I'm seeing you are trading on M1 so you not need to test it on 10 years of data.
cAlgo is best for now and it's better than MT4 back test, Try to include commission for making the result more accurate.

Hello pbx06,

Could you please share your current results?

Thanks,
Kind Regards
W.S.