MoStAsHar15

 

This EA looks pretty profitable if tested with strategy tester in MT4.

Anyone knows it ?

I have no idea how it goes on live account..

Who wants to try it ? What do you think about it?

Files:
mostashar15.zip  16 kb
 

Can you tell timeframe?

Thanks in advance.

 
renoex:
This EA looks pretty profitable if tested with strategy tester in MT4.

Anyone knows it ?

I have no idea how it goes on live account..

Who wants to try it ? What do you think about it?

Was it forward tested or was it only backtested? Timeframe and parameter please. Thanks.

 

I tested this EA few months ago with the settings:

- Lots 0.1;

- TrailingStop 30;

- Stoploss 80;

- TimeZone 4

on M5 timeframe for eurusd, usdcad and usdjpy.

It is good (sometimes).

 

Ok I'll try to explain...

First..I'd appreciate if someone explain me what is the principal difference between backtesting and forward testing..thx in adv

I tried to test it on historical data for recent month in built-in MT4 strategy tester..although I think it's not the best way to test EA's..correct me if i wrong..are there any other software tools for doing that ?

best results for me it shows with USDCHF M15 or M30...

USDEUR also gives quite profitable results..

on the other hand USDJPY doesnt work that way..

trying to get something similar in case of realtime trading on a demo account ended up without success..although i tested it not so long..

btw: i got a question - can we trust to strategy tester's results in general and to what extent ?

any thoughts and help would be nice...

 
newdigital:
I tested this EA few months ago with the settings:

- Lots 0.1;

- TrailingStop 30;

- Stoploss 80;

- TimeZone 4

on M5 timeframe for eurusd, usdcad and usdjpy.

It is good (sometimes).

I backtested and then tested on demo account.

Most difficult was to select the settings and backtesting (on historical data).

I tested on demo as well but just few days (2 or 3 during the day time).

Renoex, it is really very interesting what you mentioned. I created the thread even:

https://www.mql5.com/en/forum/173165

 
renoex:
Ok I'll try to explain...

First..I'd appreciate if someone explain me what is the principal difference between backtesting and forward testing..thx in adv

Backtest, used historical data. Forward test use live feed data.

 
jdun:
Backtest, used historical data. Forward test use live feed data.

Thx..i supposed that..but wasnt sure..

Think further forward testing needed for this EA...

I'm going to do this..

Reason: