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Old 02-07-2007, 07:40 AM
chrisstoff chrisstoff is offline
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M1 Test Results - How Increase Effectiveness?

MrPip,

Thank you for your post.

Attached are the test results as per your suggestion. Of course there are differences to the earlier ones but I still do not think they are that significant (but everybody has the possibility to decide what is a significant difference for him/her).

I usually use Alpari data since their database is the most reliable in the industry according to the general opinion of most of those traders who think backtest has some importance.

I usually use IBFX platform because I use live service of this brokerage as well and I do not use Alpari service live for the time being.

I do not think that the 2 hours difference in time has much relevance unless we test H4 or Daily data. That is because H4 and D1 data are influenced by 2 hours difference in time zone used, H1 and lower bars are not, so they should be the same. But they are not the same due to other reasons, such as different filtering, datafeed, etc. that all are different from broker to broker. But trading in real life is also different from broker to broker.

I think the important task would be to analyse the results of all the tests and look for solutions to make the EA more profitable. The ratio of profit trades is good, always above 66%. Albeit the ratio of average profit trade per loss trade is poor, the average loss trade is 2-3 times bigger than the profit trade.
So, to decrease the loss trades value and increase the profit trade value could help much. I tried to play with the settings but with not much success as I said in my post #239.

PS.: Due to Alpari's lower leverage (Alpari has 1:100 while IBFX has 1:200) Test4 with Lots=8 and Shinigami's test with MMRiskFactor=0.8; was not able to reproduce. This is also a reason for the different results.

Quote:
Originally Posted by MrPip
chrisstoff,
I would not suggest using Alpari data with IBFX. Why not just download Alpari MT4 and backtest with that. One concern is when the broker server time is different than the broker where you get the data. In that situation the daata will be shifted. The same is true between data from IBFX and FXDD. The data is differnt by 2 hours so 4 hour bars are completely different.

Also when I say test on 1 minute data you only need modeling quality around 25% as that is the best the formula will show. The indicators are all locked to the 30 minute, 1 hour and 4 hour timeframes for signals. The reason for using 1 minute time frame is for more accurate exits from stoploss or take profit.

The actual signals do not come from the 1 minute candles. That is why I have an input for SignalTimeFrame.

Robert
Attached Files
File Type: rar DIN&Dolly_Alpari_M1_Test.rar (99.8 KB, 190 views)

Last edited by chrisstoff; 02-07-2007 at 08:04 AM. Reason: PS
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