Any problems with EA?
Is everything working as it should be?
Is everything working as it should be?
Simplicity is the Ultimate Sophistication
- #523
- Apr 13, 2017 3:42am Apr 13, 2017 3:42am
I've made a backtest. If pending orders are triggered before London open, probability to hit your take profit increases, if triggered after London open, probability to hit your stop loss increases. So, I'm deciding to add PendingOrdersLifeSpan = 1 (unit is bars) setting in next version.
Good for you! Since you spread EA around here may be you can present the reports. What is the probability of this strategy and/or EA in your tests?
This is the way to determine a what is the true edge of any given strategy, not only this one, but in general. This thread called "Simplicity..." should be simple: 1. we have strategy, 2. there is EA, 3. there are some results in percentage which one can base it's decision on. Anything above 60% is a success.
Best!
{quote} Hey, Good for you! Since you spread EA around here may be you can present the reports. What is the probability of this strategy and/or EA in your tests? This is the way to determine a what is the true edge of any given strategy, not only this one, but in general. This thread called "Simplicity..." should be simple: 1. we have strategy, 2. there is EA, 3. there are some results in percentage which one can base it's decision on. Anything above 60% is a success. Best!
A strategy can only be called a strategy if and only if it has rules that can be turned into codes.
You can't thrust a strategy that can only be traded manually because it's win/loss ratio can never be determined.
{quote} Hey, Good for you! Since you spread EA around here may be you can present the reports. What is the probability of this strategy and/or EA in your tests? This is the way to determine a what is the true edge of any given strategy, not only this one, but in general. This thread called "Simplicity..." should be simple: 1. we have strategy, 2. there is EA, 3. there are some results in percentage which one can base it's decision on. Anything above 60% is a success. Best!
Zen says, if first order result is a loss, then open a second order with tripple lot size,
But
Ea only opens one trade per day. If stop loss hits, second order won't be opened.
I did not put this second trade rule into ea, because in my opinion, losses should not be chased.
And backtests prove my opinion.
Original strategy says, place pending orders @Berlin open (1 hour before London open) and wait for the price to trigger one of your buy/sell stop orders.
But backtests show that, if pending orders are not triggered before London session , probability of hitting your SL highly increases.
Since I'm still working on to find perfect settings, please give me some time to publish backtest results.
{quote} Speaking for the original strategy written @ post #1 by Zen, Zen says, if first order result is a loss, then open a second order with tripple lot size, But Ea only opens one trade per day. If stop loss hits, second order won't be opened. I did not put this second trade rule into ea, because in my opinion, losses should not be chased. And backtests prove my opinion. Original strategy says, place pending orders @Berlin open (1 hour before London open) and wait for the price to trigger one of your buy/sell stop orders. But backtests show that,...
waiting to hear some back.test results from you.
.Hope we can optimize it more.
