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  #1 (permalink)  
Old 02-14-2007, 01:50 PM
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Join Date: Jul 2006
Posts: 10
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Question Is this EA any good?

Hi Guys Im new here and would like your opinion on this EA results. Thanks.


Symbol GBPUSD (Great Britain Pound vs US Dollar)
Period 1 Minute (M1) 2004.07.01 00:02 - 2007.01.24 00:00 (2004.07.01 - 2007.01.24)
Model Control points (based on the nearest less timeframe with fractal interpolation of 12 control points)
Parameters Lots=1; AutoLotsSize=true; TenthOfLotAllowed=false; HundredthOfLotAllowed=false; MarginParameter=30; LotsMultiplier=1;

Bars in test 824363 Ticks modelled 3746060 Modelling quality 24.91%

Initial deposit 5000.00
Total net profit 8006266.33 Gross profit 11662214.40 Gross loss -3655948.07
Profit factor 3.19 Expected payoff 8693.01
Absolute drawdown 665.59 Maximal drawdown 442120.80 (5.34%) Relative drawdown 28.57% (2715.11)

Total trades 921 Short positions (won %) 519 (61.66%) Long positions (won %) 402 (62.19%)
Profit trades (% of total) 570 (61.89%) Loss trades (% of total) 351 (38.11%)
Largest profit trade 218439.78 loss trade -160390.00
Average profit trade 20460.03 loss trade -10415.81
Maximum consecutive wins (profit in money) 24 (19227.88) consecutive losses (loss in money) 21 (-63109.74)
Maximal consecutive profit (count of wins) 1944960.15 (15) consecutive loss (count of losses) -323173.02 (9)
Average consecutive wins 5 consecutive losses 3
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Old 02-14-2007, 02:47 PM
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Quote:
Originally Posted by Autopilot
.........
Model Control points (based on the nearest less timeframe with fractal interpolation of 12 control points)
.........

Bars in test 824363 Ticks modelled 3746060 Modelling quality 24.91%

Initial deposit 5000.00
Total net profit 8006266.33 Gross profit 11662214.40 Gross loss -3655948.07
Profit factor 3.19 Expected payoff 8693.01
Absolute drawdown 665.59 Maximal drawdown 442120.80 (5.34%) Relative drawdown 28.57% (2715.11)
..............................................
How good can it be? Martingale EA? Relative drawdown 28.57%? With modelling quality 24.91%?
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Old 02-14-2007, 02:52 PM
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Quote:
Originally Posted by davidke20
How good can it be? Martingale EA? Relative drawdown 28.57%? With modelling quality 24.91%?
25% is the highest modeling quality that can be achieved on a 1 min backtest. Since the backtest was using data from the smallest time incriment (1 min), it's just as accurate as a 90% modeling quality backtest. This is just a quirk in MT's backtester. Also, on a 1 min backtest, "control points" or "every tick" will give you the exact same backtest results. Every tick looks inside the bar, but you can't look inside the bar on 1 min data anyway.
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Old 02-14-2007, 04:27 PM
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Quote:
Originally Posted by aegis
25% is the highest modeling quality that can be achieved on a 1 min backtest. Since the backtest was using data from the smallest time incriment (1 min), it's just as accurate as a 90% modeling quality backtest. This is just a quirk in MT's backtester. Also, on a 1 min backtest, "control points" or "every tick" will give you the exact same backtest results. Every tick looks inside the bar, but you can't look inside the bar on 1 min data anyway.
hmm... never try M1 before, in that case should be good aike. is there anyway...may be put tick data in backtest, would it be better? anyway, thanks for the information.
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