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I think a good forward test take 3 months minimum.
I just start this week.
In attach first week on ForexGen.
This EA isn't new idea. You can find here the same idea: MQL4 Articles: automated forex trading, strategy tester, expert advisors and custom indicators (find the name ! )
I made only few modify on the script to improve stability.
My EA have only 4 parameters: time to trade (Start/Stop), moving average period and StopLoss (static). More, I have made a particular way to make money management: anti-martingala (classic method to increment lots) and martingala (fast way to recover from lose trades) togheter.
live forward testing over the last week. I will probably put it on a live account in the new year. We'll see how it goes -- so far it's 140% ROI.
My intention has been always to maximize return, but reduce drawdowns to a large extent. You can see the equity swings of the floating trades in the Equity Graph below on the blue line. While the Yellow line is the closed trades. You can compare the two. That's been my biggest hurdle.
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Metatrader 4 - EA Live and Demo Hosting Solutions http://www.omegasupreme.com & Omega Trading Blog!
Wow doc...good stuff...I'm Jealous...(how much does your offsite server cost monthy, and does it include this EA? )
Quote:
Originally Posted by drgoodvibe
live forward testing over the last week. I will probably put it on a live account in the new year. We'll see how it goes -- so far it's 140% ROI.
My intention has been always to maximize return, but reduce drawdowns to a large extent. You can see the equity swings of the floating trades in the Equity Graph below on the blue line. While the Yellow line is the closed trades. You can compare the two. That's been my biggest hurdle.