Swore2 Move Capture high ATR system

swore2 · #1 (**permalink**) 10-28-2007, 03:20 PM

Hi, All,
I dive in this forum for several months. And i got many helps from it. It's time to contribute to it.
Here is one system i write recently. Backtest is well. Hope could give you some help.

Additionally: English is not my native language, please use simple words to communicate with me. thanks.

As some friend suggests, i backtest from 2004.8 to 2007.10. I found that the "Swore2-Move Capture high ATR-EURUSD-M5.mq4 " work more effective on M1 chart! ALMOST NO DRAWDOWN!!! please see the pic.

I modified the expert name to "Swore2-Move Capture high ATR-EURUSD", Currently backtested on EURUSD M1 and M5.

If you found good settings on other pair, hope you could kindly share it. thanks.

drgoodvibe · #2 (**permalink**) 10-28-2007, 05:04 PM

good backtest results, can you explain a little about the systems logic and why it only works on EURUSD?

Thanks

ElectricSavant · #3 (**permalink**) 10-28-2007, 06:44 PM

This system is ONLY for EURUSD M1 chart.

But your pictures are showing USD/CHF?

ES

demam_emas · #4 (**permalink**) 10-28-2007, 06:54 PM

I tried it on EURUSD M1 (backtest), and it didn't open any trades...
I will check the source code later

BTW, thanks for posting this interesting EA

swore2 · #5 (**permalink**) 10-28-2007, 11:25 PM

Quote:

Originally Posted by ElectricSavant

This system is ONLY for EURUSD M1 chart.

But your pictures are showing USD/CHF?

ES

Please ignore it. I tested it on EURUSD.

swore2 · #6 (**permalink**) 10-28-2007, 11:31 PM

Quote:

Originally Posted by drgoodvibe

good backtest results, can you explain a little about the systems logic and why it only works on EURUSD?

Thanks

Currently, i found it's effective for EURUSD only, I'am looking forwarding the reason of it. It's look that "DelataPrice=ask-bid" is more minimal, the system works more well.

swore2 · #7 (**permalink**) 10-28-2007, 11:33 PM

Quote:

Originally Posted by demam_emas

I tried it on EURUSD M1 (backtest), and it didn't open any trades...
I will check the source code later

BTW, thanks for posting this interesting EA

It's look that "DeltaPrice=ask-bid" is more minimal, the system chart works more well. What's value "DeltaPrice" when you run the expert ? The value of DeltaPrice should be 2 point.

drgoodvibe · #8 (**permalink**) 10-28-2007, 11:35 PM

Well, I stuck it on a demo MT4 account and will let you know how it goes..

prasxz · #9 (**permalink**) 10-29-2007, 12:43 AM

Quote:

Originally Posted by swore2

Hi, All,
I cannot see the thread just posted. so i posted it again.
I dive in this forum for several months. And i got many helps from it. It's time to contribute to it.
Here is one system i write recently. Backtest is well. Hope could give you some help.

This system is ONLY for EURUSD M1 chart(because i only tested on EURUSD M1).

Additionally: English is not my native language, please use simple words to communicate with me. thanks.

The backtest result is through 2000.8----2007.10.

Good result...hope it can be used on gbp too

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Forex Indicators Collection

wolfe · #10 (**permalink**) 10-29-2007, 01:01 AM

Not to be a downer, but back testing on 1M time frame sucks. I know of no way to get 90% modeling quality from 1M. Forward test is probably the way to go with this system.