Few question - I’ve been backtesting various EAs, and here is one of the results I found outstanding
I already got the 1m bars downloaded and performed the test on an “Every Tick” and “Open Daily” which both produced the same results.
Can anyone find fault?? I know the DrawDown is a bit high, but this seems to be a very reasonable strategy no? Other than looking at my biggest losses to improve on these, or increase my profits - anything else in the report I should keep an eye out for ??
To make those trades + you have to monitor them if it does not go your way you need to make the analysis on the question why … Don’t forget your system will loose eventually in this turmoil market… Plus it’s time for low volatile strategies because of summer market conditions
Thanks for the tips - I definitely agree, what works today may not work tomorrow - so need to keep an eye on it.
The entire system is based on trends and long term trades (2 week positions on average) so in a ranging or volatile market, would fail terribly.
In this specific case though, I backtested Jan 2013 to now for a complete picture of more than a year. The losses due to range/volatility were only 300 pips for the year - not horrible actually
Not bad for a trend based strategy hope it works out for you… in order to be on the safe side maybe you shoud add an additional filter in your strategy for the summer time just in case