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09-08-2006, 02:30 AM
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How do you know you have a good EA?
What measurements are used in the report of the backtester to determine if you have a good EA? I've been looking at Profit Factor and so far my EA can produce these numbers. Data from August 13 - Sept 6, lot sizes of 0.1 in order to mimic a mini account, balance starting at $5000.
EURUSD 7.82 (Gross Profit $3182, Gross Loss $-406.70) USDJPY 2.18 GBPUSD 2.75 USDCHF 5.59 AUDUSD 2.78 USDCAD 2.32 EURJPY 4.53 EURGBP 0.29 (script got slammed early on due to the 90 pip change) EURCHF 3.88     
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09-08-2006, 02:40 AM
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depend on what you need the EA to do so
-only make money as much as it can , don't mind if it force you a big loss sometime like scalper dose -make a good pips always , even get less money, but very less loss..like long term trader dose high risk <-> high return low risk <-> low return
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