My Grail

Hello,

I would like to present a new quality ^^. I’ve invented it myself and I need a help in improving it.

Here are results, statement and the system (test from April 2009 to now):

What do you think about it?

StrategyTester.zip (3.38 KB)

System.zip (2.53 KB)

Need help improving it? It looks pretty good. And we can’t help if we don’t know what the trading rules are.

I don’t speak Polish.

What exactly are you presenting?

I suggest that you first back test it for at least five years. From April 2009 is no good.

Here are the results since 1999. Enjoy and express your opinion, please.

Thank you for that.

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.


I agree with you, so I attach the results of testing on almost every currency pair (over 1000 images ~ 30MB).

I think it’s quite interesting.

Regards.

speedyshare.com/files/20929444/MultiCheck.zip

I’ve flipped through it and the common theme seems to be equity declining or going sideways.

I’m not sure what the interesting part is?

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.

Best regards.

Why not just move a stop loss up from behind.

Cover the spread as soon as you can, and only then let it run.

If you get stopped out, B/E is better than a loss.

LOL! You are genius! Strange that I haven’t realized it earlier.

So:

  1. TRAILING STOP LOSS.
  2. Break even.

But… how to detect correct market trend?

Trailing Stop: 10 pips

As you can see it’s so inefficient.


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.

Best of luck with your endeavor.

SL drastically reduce profits, TP also. Only SL around 300 is fine for this system. You can see it in my testings I attached a few posts ago.

Usual techniques to detect trade direction don’t want to work here, please check it.

Ummmm Pardon me for pointing this out, shouldn’t you have that worked out before entering the trade?

Seems counter productive to jump in, and then pick a direction.

this is a EA i had test during 2009 in EU using strategy tester.
every dollar represents one pip.

as you can see there some very good EA´s performances in strategy tester…

how bout for the last 5 years? also i noticed that EAs need to be tweaked ALOT, kinda defeats the purpose of an EA:p

this was a 15m TF trading test… i only have a litle more than one year avaiable in history to test it… so i´ve test it with what i have.

but test a EA is fun… like a game… ´nothing else… put it in a demo account trading forward and it will not make any profits at all…

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.

Btw. Is your ea profitable on real accounts?

Regards

edit: you were faster :stuck_out_tongue: