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1) Backtesting and optimizing this type of system is worth little if anything.
When multiple trades occur on one bar, you must have accurate tick data. The interpolation algorithm of MT4 does not reflect reality when it comes to knowing where price actually was at any given point during a bar.
Backtesting is necessary and useful in working out an EA, for making sure the EA is OPERATING correctly, but near useless IN THIS TYPE OF SYSTEM for determining PERFORMANCE.
You may have your own opinion on this but these are the facts.
Unfortunately you must forward test, preferably for months, to know what an EA does during different conditions. Sorry to disillusion you newbies.
2) The short timeframes are suicide. I would move up to 1H or 4H and adjust the settings accordingly relative to the average range of the chosen
timeframe. You're just going to have to experiment and forward test.
I've been testing version 9 and it's being doing very well despite the fact it's broken (not buying - yes, the code is set to buy). I'm trying the Neo version now and it's working correctly.
We'll see, but it will take time.
I've been testing version 9 and it's being doing very well despite the fact it's broken (not buying - yes, the code is set to buy). I'm trying the Neo version now and it's working correctly.
We'll see, but it will take time
1600 trades and $1,900 bucks in just a few days. DD has been acceptable, 395% lowest margin percent. DD is about $1200 on $11,990 balance. Many thanks to Don, Neo et al. This looks very promising!
what Time Frame do you used..? thank you for your answer...!!!
I have just noticed that the EA's seem to have problems managing trades. The 'NEO' version throws up load of 'divide by zero' errors during trade placement, while the 'rodmod8' version produces 'invalid ticket' errors - potentially far more serious...
hello
DD has been acceptable, 395% lowest margin percent. DD is about $1200 on $11,990 balance. Many thanks to Don, Neo et al. This looks very promising!
please share your t/f and settings.
Linear Mode
