Can I use my EA live even if it has mismatched error and unmatched data errors. Thanks.
- Mismatched chart error and unmatched data error question (again)
- New MetaTrader 4 Client Terminal Build 210
- Automated Trading Championship 2007
You can, though whether your backtest means much depends on several factors...
What was the modelling quality percentage?
-BB-
| Symbol | EURJPY (Euro vs. Japanese Yen) | ||||
| Period | 5 Minutes (M5) 2008.03.25 06:50 - 2009.02.17 23:55 (2008.01.01 - 2009.02.18) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | MagicNumber=670312 | ||||
| Bars in test | 66571 | Ticks modelled | 4583021 | Modelling quality | n/a |
| Mismatched charts errors | 2999 | ||||
| Initial deposit | 50000.00 | ||||
| Total net profit | 109451.12 | Gross profit | 119305.00 | Gross loss | -9853.87 |
| Profit factor | 12.11 | Expected payoff | 1189.69 | ||
| Absolute drawdown | 326.75 | Maximal drawdown | 19961.73 (18.23%) | Relative drawdown | 27.42% (19807.74) |
| Total trades | 92 | Short positions (won %) | 74 (83.78%) | Long positions (won %) | 18 (94.44%) |
| Profit trades (% of total) | 79 (85.87%) | Loss trades (% of total) | 13 (14.13%) | ||
| Largest | profit trade | 4324.55 | loss trade | -1979.17 | |
| Average | profit trade | 1510.19 | loss trade | -757.99 | |
| Maximum | consecutive wins (profit in money) | 12 (16399.90) | consecutive losses (loss in money) | 2 (-2780.36) | |
| Maximal | consecutive profit (count of wins) | 16399.90 (12) | consecutive loss (count of losses) | -2780.36 (2) | |
| Average | consecutive wins | 7 | consecutive losses | 1 | |
The number of errors relative to the number of trades and the n/a modelling quality means that confidence in the results is very low
With the low number of trades per year, will this run on a higher timeframe?
You might find you have better data quality there
This would help much more if your EA enters at the end of the bar rather than mid-bar...
If mid-bar you need seriously good data to have any relevance in your testing...
Hope it works out
Good Luck
-BB-
The number of errors relative to the number of trades and the n/a modelling quality means that confidence in the results is very low
With the low number of trades per year, will this run on a higher timeframe?
You might find you have better data quality there
This would help much more if your EA enters at the end of the bar rather than mid-bar...
If mid-bar you need seriously good data to have any relevance in your testing...
Hope it works out
Good Luck
-BB-
By the time bar closes, it is too late. I need real time.
How can I test it without errors ? Do I need to download new data ?
thanks
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