What happens if you think you have struck gold? - page 4

 
BarrowBoy, i have sent you a PM, Robbo
 

So what? Everyone here is saying that making an EA is IMPOSSIBLE? Because an EA will use indicators, so there it is, it's impossible to make a profitable EA......???

I think this needs to be in some serious context...?

 
robbo:

I seem to strike gold quite alot only i think is fools gold

...

Total net profit 134.33
Gross profit 134.42
Gross loss -0.09
...

Absolute drawdown 119.09
Maximal drawdown 189.33 (33.20%)
..

Largest
profit trade 1.64
loss trade -0.09
Average
profit trade 0.88
loss trade -0.09

The evidence that this is a poor strategy is shown by the fact that although at least one trade went against you $119.09 without being stopped out, your maximum profit on any trade was only 1.64.

I would call that a BAD risk-to-reward ratio, and shows evidence of curve fitting.


 

I thought I would re-enter the conversation.

MSc Complete - awaiting mark.

All the while a robot concept has been in my head.

The previous one failed badly at a change in trend. I can sense a number of sagely heads nodding wisely......

However I am just testing the latest model - from 13th June 2013 to 19th October 2013

ERUSD 1minute with 2 pip spread using all ticks starting with £10000 and a stop loss of 125. It has been testing for about 12 hours and has reached 12th September 2013 and £630,000.

I will post the full results when testing complete.

Live testing has started on a micro site but I am limited in funds

How do you get sponsors - anyone any experience???

 

Still testing but looking good

 

Now gone over a million

This is on FORWARD testng

 
tootrue:

Now gone over a million

This is on FORWARD testng


No, it is backtesting.
 
sac
 
tootrue:
sac

sac is not a word. Please write in English what you are trying to say.
 
Test complete
Reason: