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i have a automatic tradingsystem for Oil with good results I think and attach a backtest view from it here.
My question for you is if you also think that it is a good results like I think?
And I want to ask here if somebody have more tickdata for Oil and if he can send me that to make a backtest for a longer time period, my attach backtest is a test from september 2008 till today, and it would be interesant for me to make a backtest for a longer time period with more tickdata, but i dont have more, of course i have trie some thinks to download with the terminal some more tickdata but it dont help me, and i have get a csv file from my broker with tickdata from feruary 2008 till today, but i dont can use that because it is no .hst file for metatrader and i dont know how to make a test with this data, so I need a .hst file for my Metatrader with enough data in it, then i could make a backtest for a longer period and then i could know more about the results if they are also so good for longer period or if it was just a good zyklus.
And What do you think about the trading system, i dont want to tell much about it, but what i want to aks you is, if this systems works in oil good is it normaly not possible to transfer/fix it to other underlyings like currencys or so? Of course I have trie but in Oil it work best becuse it is more volatil, but i think the logik must be possible to use also in other underlyings but just with other settings that I dont have find till know or do you think that some trading techniks just work in some underlyings and in other never, because i think it must be just somethink about to find right settings and all underlyings are same just a little bit more volatil?
Since there are a lot of risk takers, and many wanted to be scammed then lets start selling snake oil.
Off topic but I have this Maritime Pine tree bark that is ground up into tablets and cures many ailments (sorry can`t go into detail publicly) and all you have to do is sell it to anyone and receive 5% of sale.I keep the rest but get THEM to sell it to anyone and you can keep more of the profits too.
Yes it was necessary, while David admits that he was lying, but his PM was offensives, and he blocked my reply.
I didn't insult him and wont go down to his level , I have mentioned a fact that he is a lair, and I though people should know about him.
In the past I have warned you about his childish behavior, and you have seen the results.
KR ,
he was busted for his lies so he had no choice but to admit to them
Dear people,
I hereby make an apology to Alan a.k.a MiniMe because I posted words that is not suitable to his forum character, at the wrong time, wrong place. I was informed I got the wrong information, and accidently dragged down Wayne a.k.a Kamper. I wish I can stop the bleed on any party that is created by me, and give everybody a fair chance, therefore I created this post to show I'm sincere.
Alan,
The lie wasn't busted by you. I was doing it because Wayne got dragged down. I sent you PM, but wasn't expect you to reply. I did not block you from replying me PM, but the PM everybody due to spam. Only few of my friends able to send me message. I did not send any offensive word to your PM, that was made to clear Wayne out of the misinformation, you take it too personal. Dont you think? I just dont like EFT anymore after you take over. That is just a crictism. Does critics sounds offensive to you? Wayne already said it, it was a joke. I was taking a revenge by the wrong motive. I admitted I make a wrong move. And you want me to come out and make an apology letter to the public because I revenged you? I can do that if that can give Wayne back what he lost because I make a wrong post. How much does my reputation worth? I seriously hope you can get over it, or else you're doing the same thing that I do - Childish behaviour.
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
Its easy to scam people with few lines and good backtest, but I do that, I DO NOT sell experts, and if i ever did then only few will be able to afford them.
The point of my post was to show that many traders fall for the trick of the backtest.
A backtest is to help you check the entry and exit if they were coded right or not.
A good backtest results doesn't mean the expert is profitable, it only means the expert may have a chance in live trading.
Even demo trading in many cases is a waste of time, because of the order filling
If you read the notes in many threads that xyz expert is doing fine with this broker and doing bad with the other broker ... and people wonder why is that ? the answer is order filling, many traders wont fill your order when the price hit.
It takes money to make money, if you found or create a good expert you need to test it live, not a backtest nor a demo will show the real performance of the expert.
I got upset from the language used in your PM, it was offense and if you want I can post it, anyway I have removed my posts I mean no harm for anyone.
You don't know me well, I do my best to help others, I rather risk my own money before losing a dime on any of the accounts I manage, my clients knows that very well.
When it comes to trading I am very serious and with Wayne at some stage were thinking of building a company; Maybe I was too serious and I expected more , or maybe people were not serious enough.... the truth is whenever there is money on the line tension might build.
Its easy to scam people with few lines and good backtest, but I do that, I DO NOT sell experts, and if i ever did then only few will be able to afford them.
The point of my post was to show that many traders fall for the trick of the backtest.
A backtest is to help you check the entry and exit if they were coded right or not.
A good backtest results doesn't mean the expert is profitable, it only means the expert may have a chance in live trading.
Even demo trading in many cases is a waste of time, because of the order filling
If you read the notes in many threads that xyz expert is doing fine with this broker and doing bad with the other broker ... and people wonder why is that ? the answer is order filling, many traders wont fill your order when the price hit.
It takes money to make money, if you found or create a good expert you need to test it live, not a backtest nor a demo will show the real performance of the expert.
Alan,
You really dont know me well. I never sell any expert advisor, and never intended to sell 1. If you really gone through my post, you should know I'm always serious in trading. I just pulled a trick trying to revenge you, and obviously I was wrong. To be frank, I do not have super duper EA that makes money like madness in live account. However, few percent a month that couldn't cover my expanses, I do have a few.
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
Its easy to scam people with few lines and good backtest, but I do that, I DO NOT sell experts, and if i ever did then only few will be able to afford them.
Exactly.Why in the world would anyone want to disclose publicly a profitable EA when the deep pockets could/would trade against them.[/quote]
Quote:
The point of my post was to show that many traders fall for the trick of the backtest.
A backtest is to help you check the entry and exit if they were coded right or not.
A good backtest results doesn't mean the expert is profitable, it only means the expert may have a chance in live trading.
Well backtesting is the step 1 to see if it has some sort of chance with the real stuff so necessary in that respect as you noted.I might add that most EA`s are profitable at some stage but lack consistency, which is what we all seek with them.
i agree with above FAPturbo says that right on their website. a good backtest with low drawdown has signs of a profitable EA and they prove that every day with live accounts. they're the only ones so far that can prove it on a commercial base and have been for a while now.
backtest are useful for develop a strategy and for scam people
there is no reason for Sell good EA for 100, 500 or 5000 USD.
I propose you to open a new tread: SHOW ONLY YOUR FORWARD TRADES.
regards
Lucio
Quote:
Originally Posted by MiniMe
Sound like a bid deal "Dave"
Its easy to scam people with few lines and good backtest, but I do that, I DO NOT sell experts, and if i ever did then only few will be able to afford them.
The point of my post was to show that many traders fall for the trick of the backtest.
A backtest is to help you check the entry and exit if they were coded right or not.
A good backtest results doesn't mean the expert is profitable, it only means the expert may have a chance in live trading.
Even demo trading in many cases is a waste of time, because of the order filling
If you read the notes in many threads that xyz expert is doing fine with this broker and doing bad with the other broker ... and people wonder why is that ? the answer is order filling, many traders wont fill your order when the price hit.
It takes money to make money, if you found or create a good expert you need to test it live, not a backtest nor a demo will show the real performance of the expert.
"Dave"
I`m a newcomer to the world of EA`s,
Where I can find this EA?
Linear Mode
