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Going Live!
No guts, no glory!
I've been forward testing this EA for a couple of weeks now and have had good results in demo. Going live with 3.2.3 on IBFX tomorrow. Trading 4 majors, H1, OM 30, TP 80. Everything else defaults. Wish me luck. Will post results here. |
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GBPUSD EURUSD USDCHF Thanks and most the settings as you can see are default except I just increased the Take Profit to 80 and set the Obsolete to 30. It seems to work very successfully and this was also very profitable last week too. |
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For those going live, don't use the USDJPY currency pair as I have not yet found good settings to make it successful. We need to keep working. My goal is to find good settings on all the USD currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, NZDUSD, AUDUSD, USDCAD and to find good settings on all the JPY currency pairs as well: EURJPY, GBPJPY, CHFJPY, NZDJPY, AUDJPY, CADJPY That way, if news comes out for the USD, at least it should not effect the JPY pairs and vice-versa. Just a thought. A kind of a diversification. |
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Settings for other pairs
Should backtesting be relied on for this EA? I assume H1 is accepted as the best TF?
The idea of an autonomic system that embodies heuristics the "Pros" use seems achievable. In another post there was mention of a CSV of news events; if the EA can pull a list of exogenous events from a http link with an XML/CSV/whatever, I could see a "signals" service for news easily being created. Heck, it should be possible to "curl" it from a place like http://www.fxstreet.com, albiet in a brittle manner. I'm fairly new to this stuff and already quite well in the hole, so why not dig a little deeper eh? =) I've removed USDJPY from my live environment, and am very interested in helping forward test commencing next week. If a grid of parameters that seem like good potentials is established, I can (work hours permitting) configure say 25 demo accounts. Of course, I suspect we run a serious risk of curve fitting with only a week's data, forward or backward. Specifically with USDJPY, optimzing on last week's data, these appear to be decent settings. Does this EA backtest reliably? LongBar=10 stoploss=60 takeprofit=100 ObsoleteMinutes=150 ID_BASE=100000 BarOpenPercent=0.5 MaxTrades=1 lots=1 Risk=10 PairsTraded=0 TSactivation=40 TrailPips=5 FromHourTrade=7 ToHourTrade=20 period=0 hour_to_close=21 LowEMA=10 HighEMA=16 EMAtf=0 StoTF=1 Then applying those settings to all the backdata I can quickly grab from MIG (sorry, no time to import right now), attached are the results I get. Am I doing something wrong with the backtest? |
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are you using UseObsoleteMethod=false; ? OMwhenProfitOnly=false; ? I know obviously if you are changing the default they should be true. but just to make sure.. Thanks. ![]() |
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Hi Guys
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LinkBack to this Thread: http://www.forex-tsd.com/post-compare-trades/1581-profit-generator-ea-results.html
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| Posted By | For | Type | Date | |
| Forex broker mt4report - Profit Generator EA results - Forex Trading | This thread | Refback | 01-17-2008 02:28 AM | |
| ea - learn to trade forex swicki - powered by eurekster | This thread | Refback | 11-10-2007 11:21 AM | |
| Control Panel - Powered by Semipixel.com Technology | This thread | Refback | 07-19-2007 06:29 AM | |
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