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What is the point of posting this result if you are not going to share the EA or allow people to see the parameters under which it traded?
How are people supposed to help or pass any constructive advice?
Regards
Wayne
You'll have to PM them, then only they'll discuss the price with you to buy their EA. Since their EA only have some backtest and doesn't have enough forward testing, prolly period too short, therefore ND doesn't allow them to open their own commercial thread here. So, guess this is the only way to market their "backtested" holy grail.
Regards,
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
I don't believe my ears. I never thought you would come over from the "dark side."
My apology for my previous bad behaviour. I'm not ditching martingale/cost averaging. Infact, I'm sure that is 1 of the way to become success. Just the matter of how are you going to handle drawdowns, profit taking, and stay away from trending. I just dont agree with people bragging here how success they are while they only have a few days of demo testing. I'm just too "success" in demo. Those EAs could trade for months in my demo account, whereas my life account had to continue withdraw, sometimes I dont even have enough time to evacuate before it blow up. The key is still withdrawal, I just dont know when, why, where, who and how if I compare it with a demo account.
__________________
"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
This "grail " I coded. It's a complex strategy EA but the entry signal without any indicators. Sorry for my poor english!
Strategy Tester Report:
ODL-MT4 Demo (Build 220)
Symbol EURUSD (Euro vs US Dollar)
Period 5 Minutes (M5) 2006.12.01 00:00 - 2008.12.31 17:55 (2006.12.01 - 2009.01.01)
Model Every tick (the most precise method based on all available least timeframes)
(The relative drawdown is so big because I set the Risk% to 30% (max-lots: 50) for extreme test ^-^)
I coded this EA based on nothing, and it shocked me though...
Server FxPro TF M5 1 month only...
Never done it in real account yet...
Make sure that your expert:
- Buy at Ask with close at Bid, and Sell at Bid with close at Ask
Because if you Closed the Buy at the Ask and close the Sell at the Bid the expert will work on demo and on backtest with excellent results but will disappoint you in live trading
Make sure that your expert:
- Buy at Ask with close at Bid, and Sell at Bid with close at Ask
Because if you Closed the Buy at the Ask and close the Sell at the Bid the expert will work on demo and on backtest with excellent results but will disappoint you in live trading
I did the script like this:
if (GoBuy==true) {
ticket=OrderSend(Symbol(),OP_BUY,lotsi,Ask,5,Ask-MaxLoss,Ask+TakeProfit*Point,BCom,MagNum);
ticket=OrderSend(Symbol(),OP_SELLSTOP,lotsi,Ask-BackRange*Point,5,Ask+MaxLoss-BackRange*Point,Ask-(TakeProfit+BackRange)*Point,SCom,MagNum); }
if (GoSell==true) {
ticket=OrderSend(Symbol(),OP_SELL,lotsi,Bid,5,Bid+ MaxLoss,Bid-TakeProfit*Point,SCom,MagNum);
ticket=OrderSend(Symbol(),OP_BUYSTOP,lotsi,Bid+Bac kRange*Point,5,Bid-MaxLoss+BackRange*Point,Bid+(TakeProfit+BackRange) *Point,BCom,MagNum); }}
I thought it's true...
But I felt strange to see the result...
It all depends on the BackRange but I think you have a problem with the
Sellstop and the BuyStop , with the Sell you need to reference the Bid and with the Buy you need to reference the Ask for entry and the opposite for exit
The small error in using the Bid or Ask price will make a huge difference in the backtest, as it will enable you to enter the trade at a price lower than the market price, and maybe exit with the spread as profit.
For fun try to code this expert
Buy @ Bid , close at Ask " Note this is the wrong way to do it "
Sell @ Ask , close at Bid " Note this is the wrong way to do it "
In this case you make money on the spread like the broker, and the expert may work on demo with amazing results but wont work on live trading.
Thats why I said in few posts back, a good backtest can be easily designed to make the profit that you want.
In general if it is too good to be true" too much profit in a short period " , then its not true and there is a mistake somewhere in the code.
Have a nice weekend
Quote:
Originally Posted by jhp2025
I did the script like this:
if (GoBuy==true) {
ticket=OrderSend(Symbol(),OP_BUY,lotsi,Ask,5,Ask-MaxLoss,Ask+TakeProfit*Point,BCom,MagNum);
ticket=OrderSend(Symbol(),OP_SELLSTOP,lotsi,Ask-BackRange*Point,5,Ask+MaxLoss-BackRange*Point,Ask-(TakeProfit+BackRange)*Point,SCom,MagNum); }
if (GoSell==true) {
ticket=OrderSend(Symbol(),OP_SELL,lotsi,Bid,5,Bid+ MaxLoss,Bid-TakeProfit*Point,SCom,MagNum);
ticket=OrderSend(Symbol(),OP_BUYSTOP,lotsi,Bid+Bac kRange*Point,5,Bid-MaxLoss+BackRange*Point,Bid+(TakeProfit+BackRange) *Point,BCom,MagNum); }}
I thought it's true...
But I felt strange to see the result...
I had enough "success" with these critters.
This "grail " I coded
This "grail " I coded. It's a complex strategy EA but the entry signal without any indicators. Sorry for my poor english!
Linear Mode
