Thread: Fibonacci_Ema
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Old 12-30-2005, 03:56 PM
newdigital newdigital is offline
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Quote:
Originally Posted by billworld2
Hi:

Thanks for sharing your results. Do you have a link to more info on this strategy?

Also, the results of your backtests need to be re-examined. Your exits as represented in the Strategy Tester report are simply the result of the TP and SL settings which come default with the Expert Advisor Builder you used to created the EA (e.g. TP=60, SL/TSL=30). Even though you may have run ST with the defaults of "false" for StopLossMode, TrailingStopLossMode and TakeProfitMode, it doesn't appear that ST recognizes this. I'd suggest just setting the values to 0 for all of these settings. That way the exits will be made according to the 8-21 ema crossover as stipulated in the strategy. Run tests based on that and let use know how it goes.

Regards,

Bill
I backtested with default settings. ST results are correct.

I looked on the code and it was coded like this:
Code:
StopLossMode
and
Code:
TakeProfitMode
are written in the beginning of the code only and seems it does not matter 'true' or 'false' because it is not affecting on anything.

If I do the settings to 0 this EA will not exit on 8EMA/21EMA crossing. Because of the code. Seems you are right: EA is taking into account the exit on 8EMA/21EMA and in the same time the profit and S/L. Strange exit combination. I just changed profit, S/L and T/S to 10,000 to see the difference.

I did my best. Anyway I will do forward test with default settings and if it is profitable it will be ok.

I made 3 EAs already using this tool and I am testing one (forward test). And that one is profitable till now. Let's see for the other 2.

But you are right.
To use this tool it is necessary to keep exit on S/L (T/S) only to avoid any strange combination.

Last edited by newdigital; 12-30-2005 at 04:05 PM.
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