Finding the right expert...

no crash for CADJPY 2/1/12 to 1/31/17 at $200 .01 step 250
but a 4 trade recovery took place.
let me test for step 300
Can;t seem to get rid of the 4 trade recovery.
It's there in the 300 step also.
But no crash at least.
I don't have to use a pair that is too risky.
If i can find pairs that consistent no matter when the ea is initiated then I can have several charts open for the same pair.
So far EURUSD is consistent for three different starting points.
For now CADJPY is on hold.
Maybe any pair with JPY is gong to be too volatile.

AUDCHF may be a good candidate for multiple charts...
this is 2/1/12 to 1/31/17
.01, $200 200 pip step
and 3/1/12 to 2/18/17
nice...
and finally 1/1/12 to 12/31/17
And AUDCHF is winner.
It may be the pairs with CHF are not so volatile.

Testing EURCHF for 5 years.
something happened around 5/1/15... Was that when the CHF went off gold and got pegged to the USD?
Maybe there is a gap in the data...
Anyway have to test in two parts..
This 2/1/12 to 11/28/14 looks good multiple charts
now to run the last half of the test from 1/16/15 to 12/31/16
skipping the questionable section.
Looks good not even one recovery trade in either section and only set at 150 pip step...
Now for the other two 5 year tests...

Hmmm. The second half test has a glitch. the expert calculates the step from when it is activated. By stopping the tester and skipping the odd section and then re starting again the step calculation is not the same as for the first section. If I really want to do it right I will need to calculate where to activate the ea for second section by counting in steps from the original activation in the first section.

EURCHF 1/1/12 to 11/26/14
Now to calculate the step for the second part skipping the questionable area.
1.20062 was the first trade so using 150pip steps will see where to open for the second half.Can't start it exactly at the level I'd like but pretty close.
Part 2 for 1/1/12 to 12/31/16
now to test 3/1/12 to 2/28/17
The first section of 3/1/12 has a 3 trade recovery right out of the gate which took a bog drawdown about $100 and all month to resolve.But I think that was before the EURCHF was unpegged from gold.
The second half is stellar...

That odd section end of 2014 must have been the relinking back to gold. Because it's here in USDCHF too.
Will have to test in two parts and CHF pair...
Up to the event it was fine...
Knowing a big announcement would be coming I would close the system down until it was over.
Yes it was the gold thing but it was not announced. It was put out as a total surprise. there would have been no way to prepare for it.
This makes the case for separate accounts to try to isolate in case of a "surpise" like this.
Opening a new chart for EURUSD every month allowing $500 for up to 12 charts on one account.
Same with AUDCHF and or EURCHF on separate accounts.

Oh Oh this was a close at stop 12/31/17... USDCHF
start that again and let it tun to 2/28/17 from 1/16/15
looks like a 3 trade recovery was in progress.
Glitch in the data on 2/14/17 other than that everything was fine.
Definitely found the data error. Doesn't appear on any other broker.
This is data from histdata.com. there are some bugs in the data. went from 1.005 to 1.1 in a less than minute with 19000 volume. no way. None of the brokers have that.

Done testing CHF pairs for a while..
Let's look at NZDUSD
starting 1/1/12 to 12/31/16
Looking good. this .01 $200 150 pip step.
will run at 200 pips step and maybe that 2reade recovery will disappear.
It will be fewer trades. But it's worth to avoid drawdown and time less risk.
The quicker the trade is closed the better.
NZDUSD is perfect.. that is for 200 pip step 1/1/12 to 12/31/16
Now to test for 2/1/12 to 1/31/17
NZDUSD is looking like a candidate for multiple charts..
Now to run 3/1/12 to 2/28/17
Wow this pair is the best yet.
Out of three tests at different start points for the 5 year run
Only one recovery trade. at 200 pip step

A one trade recovery will not have more than $20 drawdown for a 200 pip step, $15 drawdown for a 150pip step, $30 for 300 pip step
etc. Otherwise it would trip a second recovery trade.
Similarly a 2 trade recovery will not have more than a $$60 drawdwon for a 200 pip step, $45 drawdwon for 150 pip step, $90 for 300 step
three trade recovery should be avoided.

Bugs in the data... easy to find... They usually show a 1.0 price somewhere and 19000 for volume in less than a minute.
Once the two bugs were edited out the test was fine at 200 pips 1/1/12 to 12/31/17
AUDUSD
That slight irregularity in the graph is probably another bug. But not so significant
AUDUSD had a 3 trade recovery... at 200 pips. Starting 2/1/12. Let me run it for 2500 pips. Less total gain but safer.

Lotta problems with AUDUSD.
I wondered why I didn't set it up even on the demo.
some of it was data blips, but some of it is just the way the pairs has moved.
Off to test something else.
Let's look at EURGBP set for 200 pip steps
1/1/12 to 12/31/16
2/1/12 to 1/31/17
An error in the data hung up the machine.
Had to reinstall mt4. 1 line in the data read 2033 for the year.
Hard to ignore results like these.
Drawdown can't be more than $20 for no recovery trades
and not more than $60 for one recovery trade.
3/1/12 to 2/28/17
Picture setting up a new chart with the ea the first of every month.
Actually I wonder if I could set a new chart every week.
I'll test for that. 52 charts for one pair? 20 trades per month... 10 trades per day per pair. 5 pairs... 50 trades per day $25/day.
That's a lot of charts set up all at once. 260 for 5 pairs, 20 per platform.
25 charts per platform... $500 equity.
10 platforms... for 5 pairs... $5000 equity. $5000/year.
100% return. Minimal risk. Diversification.
would need vps. TW has $20/m vps. If there is a certain amount of activity on the accounts then the $20 fee is waived.
Still have that nagging feeling, that if and when I do get something going...
TPTB will trash the whole thing and we will end up using wampum.

I keep thinking this can't be that good. There has to be a bugaboo here somewhere but testing testing testing and running on demo and live.
There is no bugaboo.
These are typical trades.

EURNZD was great except for a huge spike 8/24/15 which appears to actually have happened.
Not a data glitch..
Had to use huge steps to avoid crashing. 450 pip step
First run 1/1/12 to 12/31/16
Too many spikes... even at 450 pip step...
2/1/12 to 1/31/17
Evidently some pairs are just not suitable...
The Swiss frank is unpredictable. The SNB does things unannounced that devastates traders.
I couldn't get AUDUSD to run without crashing somewhere or EURAUD
and now EURNZD also crashes no matter what setting. Also CADJPY.
Looks like commodity driven paired with industrial.
So forget them. If i can find 5 pairs that test out in all circumstances over the last 5 years that is enough.
5 platforms, 5 separated accounts... with several charts at different starting points for each pairs.
Let's tests out some exotics..
EURSEK

EURSEK couple of bugs in the data... Not real movement of the pair.
After fixing those 250 pip steps
2/1/12 to 1/31/17 first. The irregularity is a small gap in the data.
3/1/12 to 2/28/17
EURSEK looking good let's see what happens starting 1/1/12
Okay EURSEK is a keeper,,

another toy i found yesterday,good backtest

EURUSD looks pretty good at 200 pips but there are several 1 trade recovery trades. Am going to run it through at 250 pip steps to see if I can get rid of them.
Looking good at 250 pip steps...

1/1/12 to 12/31/16
Now start from a different point for 2/1/12 to 1/21/16
2 trade recovery in August 2014...
I'll run from 3/1/12 to 2/28/17 and see what happens 250 pip steps
oops.
Might have to scrap the whole thing.
If the steps get caught in a trend... It's all over.

Thanks. Even when they bomb out I learn something. Any documentation?

no, i made some tests and with no trailing it gives good results.

Yikes another one of those get rich instantly...
If only...
$100,000 from $200 in 1 year.
Okay up on the demo ......
Is a free ea? Got an expiration?
Where'd you get it?
You'd want to use vps for sure.
And have broker that can handle scalping..
Here's what it does up close view... this one minute chart

This is 15 min chart... EURUSD
It really kills it.
ECN broker could probably handle all the modification orders for the trailing stops...
Let's see what it does demo.
If only this was the same in live trading.
A lot of life's problems could be solved.

Scrapping the research on big steps for the Fishing ea..
If it gets caught in a trend it will crash the account.