nice progress so far. have you considered big weekend gaps ?..... will it affect the results ?(for those who have made Backtests)
Think Twice , Code Once.
This is the final version (for today). I admit, its a coding challenge{file}
Well done!
I'd be curious to know what Mr Remon's opinion is of this and see what he things?
BIG KUDOS DUDE!
Daniel
First of all thanks to Khalil for his efforts and generousity making the EA test version of this complex strategy!
I have run a very limited visual backtest, but I don't understand what those trade closures in "empty space" mean...
I have run a very limited visual backtest, but I don't understand what those trade closures in "empty space" mean...
- #1,685
- Apr 3, 2016 12:27pm Apr 3, 2016 12:27pm
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
No guts, no glory
- #1,686
- Apr 3, 2016 12:28pm Apr 3, 2016 12:28pm
- Joined Sep 2012 | Status: AlgoTrader | 3,610 Posts
No guts, no glory
- #1,689
- Apr 3, 2016 12:47pm Apr 3, 2016 12:47pm
- | Joined Nov 2013 | Status: Trader | 1,135 Posts
{quote} Hi Bomax, I am a big fan of the EA I have attached to this post. It seems to be the most reliable in my opinion. We still need to have a successful part 2 of the strategy programmed somewhere but in the mean time part 1 of this thread's strategy stands strong on its own. Feel free to PM me is you want any assistance for anything, whether it is about this EA, other EAs general forex trading (manual or automatic). I am always happy to chat with fellow forex traders. It is all about helping each other out in an already hard area of expertise....
Do you run it With the default settings?
{quote} Thanks for sharing this
At the moment I am testing different settings to analyze profits and DD for Jan 2015 - Present in strategy tester.
I have successfully tested the grid steps of 500 and 1000 at a trade lot of 0.01 and a min TP of 1 on the EURAUD.
The purpose of this is to see how much less DD are we looking at in wider grid scenario and how much profit are we losing out by doing this.
I wasn't going to share these results until I played around with different TP levels as I suspect different results at different TP levels as of the TP level is set higher, the PA will go more towards the middle of the grid while taking out out bottom losers in the hedged grid.
Since you are asking, I share my settings above as well here are the results attached.
You really need to ignore that final drop at the end of the test as when the test period ends, all open positions close and does not replicate the real life scenario of the EA which would just keep running in the PA market.
As you can notice, in the 1000 step grid, we have cut the DD by approximately 2/3rds suffering profits to make about 1/3rd less in the same test period.
Personally, I am testing the small account scenario for those who can't trade live with a lot of money. I rather have low DD of around £451.70 to achieve £1632 than to tie up so much more money to handle 1360.62 DD to achieve 2473 in the same period.
If you do the maths, by using a larger grid size, a lower DD means you can trade more lots and achieve more profit. For an account of 1000, I would have achieved £3264 in the 1000 step sized grid by trading 0.02 lots doubling my TP settings. In the 500 step sized grid, the account would have blown just by trading 0.01 lot.
I've said it before. There is no real need to have all these positions in the middle. Lower your DD with a wider grid size and it might give you room to increase your lot size. Definitely risks to look at here!
Best Regards,
Daniel
quote:Hey guys, there must be every millionaire with this ea 
or ea not to test.
What I do wrong?
Wao thats one hell of a test, is ur broker is 4 digit or 5 digit? if its 5 digit then u should set spread to 15 or 20, which is equal to 1.2 or 2 pip insteal of 2, Also can u post a snapshot of settings window?
That wud be greatfull, Thanks
or ea not to test.
What I do wrong?
Wao thats one hell of a test, is ur broker is 4 digit or 5 digit? if its 5 digit then u should set spread to 15 or 20, which is equal to 1.2 or 2 pip insteal of 2, Also can u post a snapshot of settings window?
That wud be greatfull, Thanks
This is the final version (for today). I admit, its a coding challenge
I hve tested all versions and surprisingly the first one u have posted seems more stable, the final version blows accounts starting from 1000 or 2000$ while with the same settings and same starting balance the very first version does not blow. For some reason its more suitable for small accounts. And iam amazed by the results. Thank u once again for ur time and effort.