Could you tell me what the start and end date for both these tests? I want to test my own EA over the same span of time just to compare how each of our EAs grow the account balance.
Will post test results…
[QUOTE=“plork;564341”] Could you tell me what the start and end date for both these tests? I want to test my own EA over the same span of time just to compare how each of our EAs grow the account balance. Will post test results…[/QUOTE]
I believe that it was 2009/03 to 2013/10
Good idea to compare our graphs. This is my EA performance on the EURAUD between 2009-03 to 2013-10. Over the last 2-3 months the markets have changed their behavior though which is reflected by the curve. Maybe it’s due to the insecurity caused by the financial cliff. The hardest part when optimizing an EA is to decide how long of a time period you want the EA to perform well. My EA is optimized using 5 years of backtesting data to show good results during many market conditions. Since it is trading 7 different currency pairs at once som pairs have performed very well over the last couple of months instead, making up for the losses caused by this pair since they are not correlated to the euro pairs.
I like how your EA is more choosy than mine.
Here is EURUSD for the same span of time. Havent loaded EURAUD data just yet.
Hi peeps,
Tickstory Lite application is also an excellent way to download & have automatic conversions of MT4 Tick data ( downloads from Dukascopy’s historical tick data feed ).
Cheers
[QUOTE=“dudest;565014”]Hi peeps, Tickstory Lite application is also an excellent way to download & have automatic conversions of MT4 Tick data ( downloads from Dukascopy’s historical tick data feed ). Cheers[/QUOTE]
Dudest, I appreciate the links and have put them in my favorites!
I don’t know if i can say this but i`m very expert in programming as some of the guys here on BP already know.Now i would like to give you a few advices HOW to test a strategy.
Well first of all i`m kind of a mixed guy (in cases of pure pa vs indicator systems) but i never mix certain types of indicators with other ones.I mostly use my own coded ones, which are optimized for only that particular system.
So to put that in other words i dont know what system you use, but i guess you kind of having a 50-60% system at tops, which is a very shaking system.
First thing you need is good data.I mean i do backtests which contain atleast 1 million trades,regardless of timeframe or date.Now what you got is only 200 or 300 or so, which is not enough to draw a conclusion.
Secondly, MT4 strategy tester is not that good for testing EA’s.I use Mathlab and my own coded strategy tester for this stuff.Not that i have anything against MT4 strategy tester, but i think its not that accurate when it comes to large chunks of data, like if it would have a protocol which skips a few candles when the data is big, regardles of the quality of the data.So because of this i turned to mathlab.
So for quality backtest atleast a 1.000.000. trade sample is required with 100% candlestick modelling quality.Or atleast i have a very high standard of success.And i think you have a good idea there, but you need to develop it further, showing a picture with 200 trades or so is just simply not enough, and not very convincing, or atleast not for me 
Hey guys … I want to put this out there … I’ve been trading financial markets for over a decade now. I’ve created my own trading systems and strategies over the years.
EAs never appealed to me for the simple reason that I couldn’t let a machine decide when and how I should invest my money.
So, I want to put this out there … honest reviews, no EA sellers, how successful EAs are in reality? How would an EA hold up in difficult market conditions? Like we saw in 2008 / 2009. Currencies were dropping 200+ pips almost on a daily basis.
I look forward to genuine and honest replies. 
- Matt
If an EA is good it is good in every enviroment.The market is the same every time, the intensity may change but the structure is intact : up & down movement.
If you care about 200 pip drop daily, just resize the lot size to a smaller and confortable level and it should work the same as in any market condition.
I also make my own ea’s.I never bought one because i only trust my own work
I think an EA can be the same or even better than manual trading, if its coded propertly.
If you prever manual trading it is fine, but you can never reach that speed and accuracy as a robot, its just the failure of humans.
Bot’s are very superior, but they have their flaws too.I think bots are more good for intraday trading, for large TF trade i think they are pointless, since the frequency of trades are small so a human could do them better, but on lower TF they are unbeatable.