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Thanks, i used and tested version 15_1 in 100 K - 1-H-account (not microlot). Ive changed the settings microlot fromt 1 to 0 and also 0.01 in 0.1. Ive the indicators RSIOMA, AdaptiveRSI and iTrend. I dont get any results in backtest and also in live demo account.
Well, everyone will agree that the system looks very stable and profitable , even the old versions were very good. Maybe one of the best seen on the net by the results of the DEMO account...
But from my experience the true test is LIVE trading. There you'll see that the results are some times the same, but a lot of times they are diffrent..
The big test is therefor going LIVE with this EA...
Does anyone go LIVE with the EA ? What are the results.. ?
Final word - Thank you very much for the information on this thread, i think the developer / s of this system are very capable and professional.. continue to enlight us with your wisdom...
(sorry for any bad spelling..english is my second language..)
I understand you about trigger, just can't get lower DD in this way.
Only way to lower DD is to have ARSI and ATR in sync, both looking at same TF and same amount of bars, exactly due to discrepancies of ATR on different TF versus ARSI .
O.K. I agree. The ATR value in M15 looks very high so we have less trades, but the DD is realy low.
About the DD you are absolutely right: how you can leave the robot to work and tranquilly go on vacation if you know that on tests robot shows DD 60%, but for me up to 20% DD is acceptable. It can happens only one time in two mounts. Else if we want to create EA with 3% DD it means that we want to predict the market almost 99%. So everyone must find the balance profit/DD for himself.
The capabilities of this EA are great. Many thanks to Enforcer and Montedero for their most recent contributions. I agree with Montedero about drawdown. You must be willing to prove to yourself with backtesting whether or not you want to live with certain drawdowns. Frankly, I believe what Enforcer states. Saying that running 4 pairs with acceptable drawdowns on each pair using this EA will hedge yours trades well and create acceptable profit levels.
I have downloaded v15.1 and updated some of my backtests. I find that running 0 in the ARSI_Trigger gives a more stable approach to backtesting certain periods. I test using extremes (RSI periods and bars each set at 60 first, then 30, then 15). I always backtest with profittrailing on, moneymanagement on, microlots set. From this basis, I've come up with some stable presets for use on various pairs.
Take a look and run with the attached presets on various timeframes for the pairs. I found that backtesting Jan 1 - May 6 2008 to be best. Why? January 1st had huge hits for some pairs. Cross reference those results by backtesting Jan 3 - May 6 2008 and you will see a significant difference in the drawndowns. I am running these sets on demo accounts. My GBPUSD is bringing in an average of $40 alone! I am testing one more set, EURCHF as a set to round out my 4 pairs. I use these pairs because the brokers are charging only 4 pip spreads on EURCHF and GBPUSD. He's charging only 3 pip spreads on USDJPY and EURGBP. So, for what it's worth, I've attached the presets I am using on v15.1.
Last edited by lron; 05-22-2008 at 10:58 PM.
Reason: Added eurchf 1hr set
I've noticed that the variabe ProfitTarget has type "int".
(In the following text i mean that ProfitTarget=1).
So, when use MM is true and we are appropriating to ProfitSkew some fractional value < 0 (for example 0.6), then ProfitTarget will be = 0 due to type convertion. At least with small deposit. We can get profit > 0 only when trailing works.
If ProfitSkew equal, for example, 1.5, then in most cases we will get ProfitTarget=1.
I suggest to change type of ProfitTarget to "double".
Thanks.
EDIT:
Here is the changed code
Code:
...
extern double ProfitTarget = 1; // All orders closed when this profit target amount (in dollars) is reached
...
if(MoneyMangement){
ProfitTarget=(AutoLot()*100.0*ProfitSkew);
}
...
I'm relatively new to the forum and not much experienced. I downloaded version 15.1. I tried to forward test it and backtesting it. It does not start to trade in any way.
It was loaded succesfully. Do I have to use some indicators that it works? I trade with IBFX.
Thanks for any help! Thanks for all this information and work and improvements. I'm excited to see that working!
I'm relatively new to the forum and not much experienced. I downloaded version 15.1. I tried to forward test it and backtesting it. It does not start to trade in any way.
It was loaded succesfully. Do I have to use some indicators that it works? I trade with IBFX.
Thanks for any help! Thanks for all this information and work and improvements. I'm excited to see that working!
Kindest regards
Amanté
SHW Corporation
Man, can you spend at least 1-2 days to look over last 10-15 pages and try to understand how the system works and what is needed?!
The same question and answer you can find 2-3 pages ago.
Man, can you spend at least 1-2 days to look over last 10-15 pages and try to understand how the system works and what is needed?!
The same question and answer you can find 2-3 pages ago.
Thank you for this answer....
Do you not think that I have done research for some hours and was not able to find out the right thing? That was the reason of my question. I don't like to make people busy with my stuff that is no my intent!
I have looked 2-3 sites back having found nothing helpful.
So I wait for the next one who is willing to REALLY help.