Its been a long, tiring day...
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Thread: Its been a long, tiring day...

  1. #1
    I have been huddled over my notebook all day fighting with MetaTrader and MetaEditor and I was just about to throw in the towel for the day once I made a random shift to my TerryTibbs EA I'm working on... and I have had a breakthrough.

    I'll inform you. . .Cracking that the Forex Code ain't easy and when I backtested my own EA on this month (june) and saw a favorable consequence I had been preparing for the worst (and had my fingers crossed) when I ran it on information ffrom Janurary on June. .

    But I was pleasently surprised....

    Then I ran it on all 2008 2009 (thus far)...

    And I was pleasantly surprised.

    It is just 25% modelling quality but they are big trades so that it doesn't matter how much. As they stated in 300 after defeating the first wave of persians...

    HELL OF A GOOD START!

    Sure that the graph isn't that easy but for an extremely easy gerenal EA with les than 100 lines of code (if you remove all of the opinions and crap MetaEditor adds), and also the best thing of course is theres not any ugly green line dipping down south

  2. #2

  3. #3

  4. #4
    25% and ~ 1200 trades mimicking quality. That's a outcome.

  5. #5
    Quote Originally Posted by ;
    ~1200 trades and 25% mimicking quality. That's a result.
    I would enjoy a fantastic tutorial for getting 90% quality cos so much that it eludes me...

  6. #6
    Easy if you take advantage of every tick method timeframes you use. Should H1 is used by you you need M15, M30, M5 and M1.
    If your M1 goes until 2. When you start since the M1 is lt; 90% MQ you backtest in January, Feburary you won't receive 90%.
    That simple.

  7. #7
    Quote Originally Posted by ;
    ~1200 transactions and 25% modeling quality. That is a distorted outcome.
    Yup totally agreed

  8. #8
    Quote Originally Posted by ;
    Easy if you use every tick method you should have ALL Data for ALL timeframes you utilize. If you utilize H1 you will need M30, M15, M5 and M1.
    In case your M1 goes till 2. Feburary you won't get 90 percent when you begin you backtest in January because the M1 is overlooking lt;90 percent MQ.
    That simple.
    Now I'm even more perplexed.

    How do they arrive at the amounts 25 percent and 90% anyway?!

  9. #9
    Quote Originally Posted by ;
    ~1200 trades and 25% modeling quality. That is a badly distorted outcome.
    I would say slightly distorted not severely distorted as the trades have a 60 pip SL and 60 pip TP. Unless the price jumps (or falls) by 60 pips in a matter of a couple minutes its not going to have much bearing on the outcomes.

    But anyhow I soldier on...

    Next thing is to maximize this monster, get 90% quality and make it work on all currency pairs

  10. #10
    Http://articles.mql4.com/83

    http://articles.mql4.com/93

    http://articles.mql4.com/70

    Now, some explaining.

    Metatrader's background permits you to import information with 1 minute resolution. This implies is the smallest point of information is the Open, High, Low, and shut for a one minute collection of ticks. The issue is, during that one minute bar, we've got no idea what occurred. We don't know the development of ticks.

    In one scenario (That is an illuion only, this is not supposed to demone realism):

    Open: 1.0000
    High: 1.5000
    Low: 0.5000
    Close: 1.1000

    Let us say at the start of the bar, you open a commerce at 1.0000. You have a take profit at 1.5000 and a stoploss in 0.5000. We don't know whether or not the low or high was reached first. Had the high been attained first, then the transaction would have closed in a profit, but had the reduced been attained first, the transaction would have closed in a reduction. The egy only has the moment information, therefore it guesses. It has no way of knowing whether or not it's wrong or right, so for all we know, trades influenced by this interpolation and imagining really cannot be counted since we don't have any idea whether the underlying information is valid.


    Your backtests look like they were run off of the 1 minute interval. That means you were using the moment pubs in your backtest. Now answer this:

    Do you have a minute bar in your background for every single minute of the backtest?

    My suspicion is that you do not, so the egy tester has to figure what the values of the Open, High, Low, and Close of those overlooking moment values are. The bigger a chunk of missing information, the more complex the distortion. Regardless of your TP or SL, the simple fact that the majority of your information the egy tester had to guess, informs me that the potential for distortion is fantastic.

    Now the version used to figure what the values of the missing pubs were is well developed, so it's likely that the results will not affect a lot between 25% modeling quality and 90% modeling caliber. However, by getting as close to 90% modeling quality as you can, you can get rid of the modeling caliber as something which may distort your results.

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