Why the blazes can't we get a good backtest?
There are instructions on to get a 99% modeling quality, but wow, what a bunch of hoops to jump through!
I'm very disappointed and just want to rant. Have a great indicator, programmed an EA, it wins dozens of trades in a row, 80% wins, downloaded 1M data, it looked great, running optimization all weekend, today threw it on a small live account... then realized why my optimizations have not been working all this week....
During the weekend runs I used 2 for spread. Once the market was open, I used "current". The "2" is 2 points, 0.2 pips! Why on earth would there be a choice to use 0.2 pips as a spread? Needless to say, when using the correct spread, instead of doubling the account, it drains it.
MQ4 programmers were unbelievably smart people, they really know their stuff. So how did backtest turn out to be an absolute clusterbump unless it was done that way on purpose?
I know MQ4 is a toy, but that doesn't mean it isn't powerful, and there are EA's that make money. I've seen a few that do, but they all use no stop, price averaging, and have insane drawdowns.
Sheeyit.
There are instructions on to get a 99% modeling quality, but wow, what a bunch of hoops to jump through!
I'm very disappointed and just want to rant. Have a great indicator, programmed an EA, it wins dozens of trades in a row, 80% wins, downloaded 1M data, it looked great, running optimization all weekend, today threw it on a small live account... then realized why my optimizations have not been working all this week....
During the weekend runs I used 2 for spread. Once the market was open, I used "current". The "2" is 2 points, 0.2 pips! Why on earth would there be a choice to use 0.2 pips as a spread? Needless to say, when using the correct spread, instead of doubling the account, it drains it.
MQ4 programmers were unbelievably smart people, they really know their stuff. So how did backtest turn out to be an absolute clusterbump unless it was done that way on purpose?
I know MQ4 is a toy, but that doesn't mean it isn't powerful, and there are EA's that make money. I've seen a few that do, but they all use no stop, price averaging, and have insane drawdowns.
Sheeyit.