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Go into your Metaeditor, choose the indicator, open up, scroll down look for "Set Index Style" and change from 2 to 1, hit the Compile button, save, and close.
Creztor,
Thank you for taking the time to do a backtest. There is nothing wrong with backtesting--it gives a good idea of the potential of the system. The only problem for me with this system is that looking back at the charts, I see more clearly what has happened, and I see why I wouldn't have taken some trades. In live trading I take some trades, and then realize that the long term lines weren't steep enough, and I took that trade prematurely. I guess it takes practice. There is no doubt in my mind that this is a profiatble system. Good luck to everybody.
Also, the Heiken Ashi candles are very misleading, and tricky to follow when you backtest. They usually show better entry/exit prices...anyway I had never used them so I don't understand them .
Creztor,
Thank you for taking the time to do a backtest. There is nothing wrong with backtesting--it gives a good idea of the potential of the system. The only problem for me with this system is that looking back at the charts, I see more clearly what has happened, and I see why I wouldn't have taken some trades. In live trading I take some trades, and then realize that the long term lines weren't steep enough, and I took that trade prematurely. I guess it takes practice. There is no doubt in my mind that this is a profiatble system. Good luck to everybody.
Also, the Heiken Ashi candles are very misleading, and tricky to follow when you backtest. They usually show better entry/exit prices...anyway I had never used them so I don't understand them .
This is what I did. Set up the Indicators and go back as far as you can. Now make sure that the day you want to start with is to the right of the screen. With the -> key move forward little by little and check your system.
Creztor,
Thank you for taking the time to do a backtest. There is nothing wrong with backtesting--it gives a good idea of the potential of the system. The only problem for me with this system is that looking back at the charts, I see more clearly what has happened, and I see why I wouldn't have taken some trades. In live trading I take some trades, and then realize that the long term lines weren't steep enough, and I took that trade prematurely. I guess it takes practice. There is no doubt in my mind that this is a profiatble system. Good luck to everybody.
Also, the Heiken Ashi candles are very misleading, and tricky to follow when you backtest. They usually show better entry/exit prices...anyway I had never used them so I don't understand them .
Thats why I used visual back testing, there was no way I could see the final outcome of the trade and I did end up taking trades which caused losses If I had just scrolled back and looked over the day from beginning to end, Id probably never had made a loss.
How did you apply the rules in the backtest? Igor tends to be quite conservative and only takes trades that have the necessary candles formations and steep slopes in addition to the signal and execute line rules. In other words do you apply the rules conservatively like Igor or more aggressively?
This is what I did. Set up the Indicators and go back as far as you can. Now make sure that the day you want to start with is to the right of the screen. With the -> key move forward little by little and check your system.
PeaceOut
It is better that you left click with your mouse in the chart and hold (left click and hold) and you move your mouse to the left. This way you can shift your chart bar per bar.
With the -> key you jump to many bars...
How did you apply the rules in the backtest? Igor tends to be quite conservative and only takes trades that have the necessary candles formations and steep slopes in addition to the signal and execute line rules. In other words do you apply the rules conservatively like Igor or more aggressively?
Thanks for the great job so far!!!
The results I got will of course be different to what other people would get. However this is what I did, whenever a trade was setup or coming, Id check wicks. If the wicks of the candles were too long and had been for a few candles and it was doing a lot of sideways movement, I would just sit out. Sometimes that meant I missed good runs, but thats life. Then I would check the s/l and compare it to the range of the day. Im not taking text book setups, I guess you can say I am agressive and if Igor was watching me do the trades he'd probably have slapped me on the ears many times, but by no means am I taking silly or non-existant setups. I was looking for the start of trending movement with price going in one direction and taking any chance at entering on some kind of retrace, be it from a HU or TMH, I wasnt just jumping in and out of trades like a crazy man. But thats what I did and they are my results, which for me show that the system works for e/u.
with too many nuances and discretionary rules, that can be bent .
When there is no significant move in prices - it is unprofitable.
Sorry, not for me.
My Reaction is a bit late...
But could you please give us a system or method that can produce nice profits when there is no significant move in price ??....
regards..iGoR
PS. The rules for a text book entry on a "Hickup" or a "take my hand" set up can not be bent. It would be the same for an evening or a morning star formation on candlesticks. One looks better then the other but when it is a text book formation it can not be discussed...(if all the text book formation are profitable is an other issue)
This is what I did. Set up the Indicators and go back as far as you can. Now make sure that the day you want to start with is to the right of the screen. With the -> key move forward little by little and check your system.
PeaceOut
Hi.
The way i backtest this system (and other systems..) is unlocking the auto scroll button and take the chart back in time to where you want to start your test.
Then you click the F12 button and the chart will move one bar at the time.
If you want the chart to move faster (on this system from cet 18:00 to 08:00) you hold the button down.
You can also use the Strategy Tester (Ctrl+R) to make the chart move automatic like it does in realtime but you set the speed yourself.
It is almost the same as running a backtest with a EA
It is a bit more complicated to explain how to do it but if you search this forum or Google "backtesting in MT4" or something like that you will find tutorial.
Personally i like F12 best for this type of testing.
If I had just scrolled back and looked over the day from beginning to end, Id probably never had made a loss.
Linear Mode
