Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
In order for the EA to be back tested , you need to have the data of all the relevant currency pairs stored in your history file. These files do not have to be open for the EA to collect the data. The same logic applies to live trading. This is how it works in practise. Unfortunately I am not able answer your question purely from a coding point of view.
so you mean to say we need bars in history to be effect live? Would you happen to have an idea how many? Here's my wish list:
1. open order when difference between pairs is > 5 e.g. 8.3 vs 2.1
3. money manage - trade % of account for each trade e.g. .03 .02
5. close all orders when both pairs equal (or variable setting such as one currency is +1 from the other.) I think this one could really increase profits because a lot of my trades manual go over 10 pips and there really is no more reliable way to determine profit targets than the indicator itself. Like just now I caught the 50 pip usd/jpy that would have close with a 10 pip profit had I used the ea.
For some strange reason it open 10 orders of eur/jpy within 2 minutes. I'm guesing because it went below 7 and up again.
Thanks again for your continued contributions to this forum.
Dustin
Last edited by dustovshio; 06-13-2007 at 05:58 AM.
There is a bug which make the backtests useless; in two words, the EA knows the future when it uses the daily values High, Low and Close : those values are those of the closed daily bar. This means that at 8 AM it already knows what will happen. But there is no meaning to use the previous bar.
Another problem is to define a broker independent day start.
Another bug is to assign a zero value if the range is null (ie the first tick of the day); it should be 50. Anyway, the values aren't very meaningfull at the begining of the day, when the range is not yet wide. Maybe a trailing time range would be better.
Also, it seems to me that the values should be normalized and maybe wheigted by the number of pairs giving an information.
I am currently working on all that and will keep you informed.
Nevertheless, forward testing should be interesting...
identical properties of the expert. identical time. different results.
As i told before the backtest won`t work with this EA and all the backtests of this EA are just a beauty of metatrader`s bug.(If someone disagree with the knowledge of mql then welcome to discus it.).
BTW- what was the reason of setting HighLevel and LowLevel both to 3?
any special reason?
The market for this pair was very flat.
Linear Mode
