I have coded a profitable EA, now what? | Page 2 | Forex Factory

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I have coded a profitable EA, now what?

  • #21
  • Aug 7, 2016 1:19am Aug 7, 2016 1:19am
Quoting tradability
{quote}
If user tradability got suspended for the above recent post, or if he got suspended because someone flagged that post then there are some really some vacuous people lurking around. I can't imagine that being even remotely considered as a solicitation. Wouldn't surprise me though.
  • #22
  • Aug 7, 2016 2:05am Aug 7, 2016 2:05am
Quoting Pipologist
This is starting to skew off topic from the original post but, {quote} Backtesting open prices is faster but... SL/TP even if more than 200 pips (that's a price of +/- 2.00 Yen, EUR, USD whatever) can be unreliable a few times a year during INTENSE price moves and volatility, especially on an H4, H1, 30m or even 15m and 5m although very rarely will price move more than 2.00 before the decimal on a one minute, it does happen at times and can definitely happen within a 4 hour bar. So testing on open vs. control or tick only saves backtesting time....
you're right open prices is suitable for time frames up to the M30, in this case the SL should be >500 pips to give you an idea IMO. still better than using tick data especially the one from metaquotes.
  • #23
  • Aug 7, 2016 4:04am Aug 7, 2016 4:04am
Quoting HeyYou
{quote} you're right open prices is suitable for time frames up to the M30, in this case the SL should be >500 pips to give you an idea IMO. still better than using tick data especially the one from metaquotes.
Hey man, sorry but trading with a 500 PIP stop is virtually the same as trading with no stop.
  • #24
  • Aug 7, 2016 4:10am Aug 7, 2016 4:10am
Quoting Pipologist
{quote} If user tradability got suspended for the above recent post, or if he got suspended because someone flagged that post then there are some really some vacuous people lurking around. I can't imagine that being even remotely considered as a solicitation. Wouldn't surprise me though.
@Piplogist

You are right... Sadly, it seems some people have no sense of humor, whatsoever...
  • #25
  • Edited 8:20am Aug 7, 2016 4:21am | Edited 8:20am
Quoting Pipologist
{quote} Hey man, sorry but trading with a 500 PIP stop is virtually the same as trading with no stop.
It's unlikely that price spikes up or down 500 pips on EU over a 30 mins period, and even more unlikely that it does that right on the very same candle you placed a trade.

Anyway... you gave me an idea...

I could publish my fxblue or myfxbook stats along with strategy tester results of the same strategy I'm going to forwardtest.

I'll run it for a couple months then I'll post a new backtest to compare the results with live stats.

This way we can see: 1 if backtesing is useful to make projections and 2 how much backtesting reflects real market conditions.


Only if a couple people is interested as I don't get paid for this.
  • #26
  • Aug 7, 2016 4:28am Aug 7, 2016 4:28am
Quoting Pipologist
{quote} If user tradability got suspended for the above recent post, or if he got suspended because someone flagged that post then there are some really some vacuous people lurking around. I can't imagine that being even remotely considered as a solicitation. Wouldn't surprise me though.
If I'm not wrong tradability got suspended for his harsh comment made here.
  • #27
  • Aug 7, 2016 4:29am Aug 7, 2016 4:29am
Before you will do anything in my opinion your first step should be: learn how to properly backtest your system using 99% tickdata accuracy and perform a strategy robustness test. If it will still look nice then start asap with demo forward testing on several different brokers. After few months switch to small live accounts and then if still in profit, contact me and we will rule the world together
while(sleep) { sheep++; }
  • #28
  • Aug 7, 2016 4:33am Aug 7, 2016 4:33am
Quoting skyway
{quote} If I'm not wrong tradability got suspended for his harsh comment made here.
Too funny. Really. Thanks for the update.
  • #29
  • Last Post: Edited 5:23am Aug 7, 2016 4:56am | Edited 5:23am
Btw I was including the fractional pip in those "500".

My bad.

P.s. if anybody is interested in that experiment let me know via PM (so we don't mess up this thread even more).
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