As you can now see yourself, this system would have made only a 10% profit in these ten years.
Worst drawdown comes close to 50% around trade no 290. Would you have continued to trade it at this point: several years into the system and never having been in profit?
It’s really only from 2009 and til now that it has worked well. This doesn’t show the consistently growing equity curve that I’d be interested in.
What’s the trade strategy? what are the entry and exit rules? I can decompile the EA but would rather see it in English as mql4 is not my native language.
You should notice that this EA works on almost every currency pair, however set ups don’t have to be the same.
My goal is to reduce the amount of free margin needed for this system because it keeps positions too long, what may cause high negative positions for some time.
Do you have any ideas how to accurately close positions? As you maybe noticed it opens trades in extremes, which is very good, but trade direction is a total failure sometimes.
I have also no idea when to close position. TP or SL? It only reduces the gain and increase risk. Please, post your ideas.
I can prompt that the idea of EA is trivial, however I don’t want to share the source code now.
This sort of trading (EAs and such) isn’t really my area so I can’t be of much help to you.
Seems to me like you have some very important fundamental things left to figure out, like trade direction, SL and TP and so on.
i agree but as far as i can see in your picture your ea is a scalper, in my opinion, the results of a scalper in strategy tester shouldn’t be considered as reliable, because it strongly differs from real market conditions. However my ea prefers to make long term trades so i thik that the results are more reliable.