Thread: Automated Oanda
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Old 10-21-2007, 12:29 PM
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Willis11of12 Willis11of12 is offline
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Quote:
Originally Posted by el cid View Post
Willis

how is your stochasdtics EA doing?


http://www.forex-tsd.com/expert-advi...ic-sample.html

El Cid
HAHAHA!!!! That was the first EA I used with real money and I was losing my shirt big time, until I tried to varify by hand that the backtest was 100% accurate and found out that it must be guessing on a lot of the data, since it was using a 1 hour chart data, and had to guess some stuff, and it would guess in a more favorable manner for my strategy, but in real life, it was lousy! After that, I decided if I couldn't verify by hand where exactly the trades would go through on a chart, I wouldn't trust the results of the backtest! This is a very good rule to follow with back testing results.
The EAs I made money with were never posted to the public. I only shared it with two people locally here that worked with on it. Anyway, I don't use them anymore, as they had started to lose me money after about 8 months of success (about 3,000 trades!!). I was trading several pairs and very frequently, which can make the account go up fast, but it can also make your account drop really fast too!
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