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how did you get this sets ? Was it after optimization ?
Yes Alex,
More than 1 week hard work.
I did not optimize the max gain but a combination of gain, draw down, safety and smoothness of the performance.
Most of the user are risking much too much. It makes also absolutely no sense to forward test only for one or two weeks, minimum should be 6 month.
A good test must have seen many kinds of market behaviors.
Of course a backtest is not a guarantee for anything but at least you get a feeling what might happen.
Backtest time period was Jan 08 until end of April 09, done with Alpari historical data.
I tried also to use historical data from forex tester but the results are not comparable. This makes me a bit nervous because a good system should be able to deal with any data (as long as they are consistant).
And another issue will be after mt5 is released. It seems that it ll also support only FIFO orders.
It s very probable that Blessing EA will need some mods with all this new rules. Hope we can get them done
Regards
The most important changes to be made on NFA brokers (and believe the others will follow too), that will start on 31 July:
- Can't have hedging positions (already applied);
- FIFO system: order that opened first must be closed first.
- Can't have stop and profit target for order with the same lot-size
Can someone that fully know blessing can tell me what changes will be required?