- Search Metals Mine
- Mindsphere replied Sep 1, 2010
I've been reading through your trading journal for the past couple of days and it looks impressive! You seem to have a great amount of success. I'm just wondering how did you get metatrader to display the rectangle and ellipse icons in the drawing ...
Buildcity's Trading Journal
- Mindsphere replied Aug 28, 2010
Fair enough stratman, thanks in advance
I'm also wondering... considering your consistent earnings, if you've thought about running a live video trading room? You could charge a weekly or monthly rate for people to watch you trade and ask ...pipware.com
- Mindsphere replied Aug 26, 2010
Thanks for the update stratman. Just wondering if you could post some annotated images of trades (if you took them at the time)? Thanks for your help as always.
pipware.com
- Mindsphere replied Aug 24, 2010
Well, for example - on USDJPY I've got my stoploss set to 15 pips, and the corresponding takeprofit ranges from 21-30 pips (winrate is 50%). Thus I've got a r/r of around 1.66. In this example, a pip or two could significantly impact the return, ...
Old Dog with New Tricks
- Mindsphere replied Aug 24, 2010
Hey Ronald, I know I've asked you about this before - but I'm wondering why you think spread does not play a role in the optimization calculations? Surely a pip can make a difference when working out whether or not a trade would have been a win or a ...
Old Dog with New Tricks
- Mindsphere replied Aug 17, 2010
Thanks for the clarification Ronald, however I'm unclear as to whether you answered the first part of my question - does the EA take into account spread in its calculations at all? If it doesn't, aren't we getting somewhat skewed results from the ...
Old Dog with New Tricks
- Mindsphere replied Aug 17, 2010
Ronald, just a couple of quick questions: - When backtesting does the EA presently take into account spread in its calculations? - Is there any reason why the EA would close trades that haven't hit TP & SL? (default settings, other than modified ...
Old Dog with New Tricks
- Mindsphere replied Aug 14, 2010
Most interesting! I'm guessing you've got that running separately to metatrader (sub m1 timeframes)... Do you suggest we limit the EA to less than 10 simultaneous trades? With m1 were more likely to suffer a string of losses even with a high ...
Old Dog with New Tricks
- Mindsphere replied Aug 13, 2010
Ah I thought that was what you recommended at some point in order to minimise whipsaw. You recommend using m1 then?
Old Dog with New Tricks
- Mindsphere replied Aug 13, 2010
I see... So the idea is that by taking an extremely large sample we correct for such possible discrepencies? If that's the case can you possibly recommend a good source for accurate historical data that goes back further than 2001? The free source ...
Old Dog with New Tricks
- Mindsphere replied Aug 13, 2010
Interesting... If that is the case, is it possible that extremely long trends, over consecutive m5 candles for example, could skew the backtest results? i.e. if it takes 1 trade per bar, and there are situations where the trend continues slowly for ...
Old Dog with New Tricks
- Mindsphere replied Aug 13, 2010
Thanks Ron, good to hear
One other question that may have been asked earlier in the thread - does the optimized back test take into account the max number of trades setting? e.g. Will it take all 10 trades during a breakout hour if the breakout ...Old Dog with New Tricks
- Mindsphere replied Aug 13, 2010
You might have missed this earlier but min successrate needs to be set with a decimal point - i.e. 0.55 = 55% Ronald said it shouldn't be this way, but according to my testing it works.
Old Dog with New Tricks
- Mindsphere replied Aug 13, 2010
Ronald: Does the optimizer take into account spread at all when making its assessment? If so is it possible to add an option which lets us set the spread as it may vary at different times of the day. If it's not included, any chance you could add ...
Old Dog with New Tricks
- Mindsphere replied Aug 11, 2010
Edit: It actually seems the second part of the problem was due to me having the files open in Excel (it couldn't clear them). The minimum success score works with a decimal place - i.e. 0.5 = 50% 0.6 = 60% and so on. Confirming the issue here, and ...
Old Dog with New Tricks
- Mindsphere replied Aug 10, 2010
Ronald: My post must have got lost a couple of pages back, but basically I think that there may be an issue with the successrate filter. I covered it in my post here. Basically, the optimized filter has the following, for example: 4: successrate: ...
Old Dog with New Tricks
- Mindsphere replied Aug 7, 2010
I was going to post with exactly the same issue actually. I was looking through the optimized csv data with default settings and decided to try setting a minimum successrate of 60 (there were many hours in the day for that pair which were marked ...
Old Dog with New Tricks
- Mindsphere replied Aug 6, 2010
Actually now that I look at the screenshot I took earlier during the webinar of your data, I see that you the first few entries also have -1, I guess this means insufficient data? Looking at that screenshot has further puzzled me, however. If you ...
Old Dog with New Tricks
- Mindsphere replied Aug 6, 2010
Thanks for the further clarification Ronald. I am, however, a little perplexed as to why simple trading strategies should increase the optimisation time greatly. Currently, the EA just looks at trades when the high/low is breached. A simple MA cross ...
Old Dog with New Tricks
- Mindsphere replied Aug 5, 2010
Correct me if I'm wrong, but the winrate is not really the important factor here. The success rate is what dictates whether or not the current trade setup should be profitable. i.e. it's a measure of the winrate multiplied by the r/r, so anything ...
Old Dog with New Tricks