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Here is a statement on the EURUSD started this week. Seems to be doing ok. We shall see how it continues. By the way, it is reacting similarly to the backtests so that is all good.
UPDATE
Well, looks like the non-farm payroll news gave me my first stoploss. I can live with that though. Still behaving itself and giving decent profits.
Holyguy,
I see you used MM on your foward test. What was it 20 activate, take pips 10?
It wasn't MM it was the obsolete setting closing the trade after 30 minutes. Very cool!
Obsolete Setting does not close the trade after 30M, here is what it accually does (which is VERY COOL).
Say you are in a position LONG on the EURUSD and you are up 30 pips (with a take profit of 40 and stoploss of 30). Sudden, the conditions of the market change and you start to lose your profits. What Obsolete settings does it check every 30M (or 15 or 60 or whatever you specify) to see if the conditions are still there for you to stay in your long position. If after 30 minutes it says, "Conditions have now changed, you should be in a short position now!" it immediately CLOSES your LONG position wherever you have it (say at this point you are only up now 5 pips) and opens a SHORT position in the opposite direction!!! That way, you do no lose ALL your profits and you don't have to take a stoploss either. Thus, you just made 5 pips on the trade and did not lose 30 that you probably would have. Plus, since you are now trading in the opposite directiion, there is a good chance you can capitalize on changing market rather then just losing money.
I hope that helps everyone and if I am wrong, Nich or someone else, please correct.
Besides the SL and TP on the statement, here are the changes to default made:
UseObsoleteMethod: True
ObsoleteMinutes: 30
Overall pretty good. As you will notice that some currency pairs did better than others and the Non-Farm report really dropped profitability down somewhat (on Friday), but overall profitable.
Last edited by holyguy7; 04-08-2006 at 03:30 AM.
Reason: Forgot Statements, duh!!!
What ever happened to the "sending nick money via paypal" idea?
Ahem... my my...WHAT IS THIS?!?!?! I thought you were already filthy rich and just hanging around here, coding this cool EAs just for kicks 'cause you have so much time and money in your hands.
Tell you what, if one of your EAs passes the acid-forward test, end up in a real account and makes me serious $, I will gladly press the paypal button to anywhere you want...hehehe
Oh I see...
Linear Mode
