Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
I didn't post for a while as I was too busy, so I don't know about new evolutions of 10.3.
I'm still testing RMI and it's giving good results.
I join statements below. 1st and 2sd are a 3 month's testing and when account expired, I opened a new one.
I also join the set files (I don't remember exactly but I think it's David's settings)
Hope that help
Thierry
Thanks for the info, but since there are so many versions could you post the one you are using? Or reference the post number where it can be found.
I have not looked at the MQL for this EA, but MT4 does not remove spreads in the backtests.... at least not any version I've come across.
The only way I've been able to get accurate backtests is to store all the spread costs in a variable, and print them to a log. Then I subtract the spread from the profits generated.
And if you want to get REALLY accurate, you use another variable called balance and set:
balance = AccountBalance() - spread;
Then you use the balance variable to set your fixed lots instead of AccountBalance().
Rather complex, might require a reread or two.
I don't have the expertise to question what you are saying and I wouldn't be surprised if you were right. It just seems that if it were entirely true I wouldn't have gotten the results I did. Can you explain why the backtests showed -$4 for virtually every entry until the balance was depleted using SL of 0?
I am not sure I can describe my specific issues so much as describe my status in testing. I can only tell you that I have most recently taken your new version of the program and tried it using the 4HR time frame using 2007 data. (Both for FXDD and IBFX which is where I would trade live). 2007 represents not only the most recent period but the most challenging period for this EA in my tests.
As a basis for comparison the original T-JMA version (for gbp/usd) produced a loss of $10,055 with a 23.21% draw-down ($50k account trading .1 lots). The new version with the default parameters produced a loss of $9,255 also with a 23% draw-down. A slight improvement. After reviewing charts and comparing the ATR indicator results manually I selected some different parameters which produced a loss of $10,400 with a draw-down of 24%. Results in wrong direction.
I have also made several optimization runs for the 4HR time frame and none of them have produced positive results for the 2007 period.
I really don't know what to do at this point. Is there anyone else who has tested and gotten positive results? IF so what settings, pairs, time frames are you using?
I will do that when some of the memory-heavy tests I am running now are finished.
I didn't do that originally because I thought why load and test on a platform in which I am unlikely to trade. But I will take a look at what you have.