CatFx50 - page 219

mibl
410
mibl  
showmethetrade:
As I solicited earlier, I have the Hist_StepMA_Stoch_KV1_Ex_02_withFilterLevels, but when I load it on the chart, it comes out blank; I need help to fix this problem.

Hi ShowMe...

you must scroll back on your chart to force MT4 to load more data from the history. The number in the subtitle of the indicator "Max bars to count" must be greater the 2000.

additionally look here and around this posting https://www.mql5.com/en/forum/173201/page134

b.r. mibl

nina
2768
nina  

Hi!

As always, I'm at my daily work .

I do not have MT4, so I can not see if we have validated signals or not.

It'd be a good idea to post them if you have them. Then different traders can talk about them if they do not coincide.

BTW, if someone had told me that this thread, when started 7 months ago, could have more than 200k views, I'd thought he was drunk.

Nina

WNW
632
WNW  

Nina's 50 ma system backtesting results Pt. 1

Have tested Nina's 50 period MA system using MetaStock 8 according to stated rules on 13 months of 30-minute EURUSD data. Complete failure, huge losses. Will test other pairs and post results. Some advice: find a program that is easy to program systems (Metastock, Amibroker). If someone posts an interesting system, you must test it yourself. LOOK AT THE EQUITY CURVE, it tells you most of what you need to know. A system can work well for a couple of weeks, or months, and then completely fall apart. You MUST be able to backtest.

passass
15
passass  
showmethetrade:
Passass, What indicator is represented by the two horizontal (gold color) bars on your chart? Is that were you are supposed to exit the trade?

Those lines shows trading time (based on server time).

Files:
nesalc
69
nesalc  

Nina

This is the most straight forward, down to earth thread on forex. Thanks a lot for all the hard work from you and other traders to make this a success for so many traders.

Nesalc

mibl
410
mibl  
WNW:
Have tested Nina's 50 period MA system using MetaStock 8 according to stated rules on 13 months of 30-minute EURUSD data. Complete failure, huge losses. Will test other pairs and post results. Some advice: find a program that is easy to program systems (Metastock, Amibroker). If someone posts an interesting system, you must test it yourself. LOOK AT THE EQUITY CURVE, it tells you most of what you need to know. A system can work well for a couple of weeks, or months, and then completely fall apart. You MUST be able to backtest.

Hi WMV,

that a result which do not surprise me. As Nina says, ist is an easy system. It has easy rules to follow, but nevertheless it delivers an entry strategy.

There are no explicitly defined rules for exit, when to trail the stop and sometimes you have to do some discreate decisions if you trade it. It is no mechanical system......

.... but as I followed it up to now, it is very good in finding good entries!

So you had backtested one possible occurance of the system.

Can you please show us some parameters of you test. Then everyone can compare these with their own using stretegy of catfx50.

Thanks in advance

b.r. mibl

nina
2768
nina  
WNW:
Have tested Nina's 50 period MA system using MetaStock 8 according to stated rules on 13 months of 30-minute EURUSD data. Complete failure, huge losses. Will test other pairs and post results. Some advice: find a program that is easy to program systems (Metastock, Amibroker). If someone posts an interesting system, you must test it yourself. LOOK AT THE EQUITY CURVE, it tells you most of what you need to know. A system can work well for a couple of weeks, or months, and then completely fall apart. You MUST be able to backtest.

Hi, Wnw!

It could be like you say. But you need to post your settings.

Btw, what MA do you use?

What about StepMA_Stoch, does MetaStock 8 has it?

Nina

WNW
632
WNW  

RE:Nina's 50 ma system backtesting results Pt. 1

I only tested the 50ema crossover. If you can describe exactly what the StepMAStoch is I can program it. BTW, I have tested hundreds of systems on 30 minute forex pairs, very few of them work. Why? The spread. When a system generates many trades the cumulative spread loss (your cost!) offsets most profits. Longer time frames are CRITICAL for long-term profits.

nina
2768
nina  
WNW:
I only tested the 50ema crossover. If you can describe exactly what the StepMAStoch is I can program it. BTW, I have tested hundreds of systems on 30 minute forex pairs, very few of them work. Why? The spread. When a system generates many trades the cumulative spread loss (your cost!) offsets most profits. Longer time frames are CRITICAL for long-term profits.

Hi!

Thought that.

CatFX50 is not based only on EMA50 cross. You need StepMA_Stoch to validate that cross. The majority of brokers give you a 2 pips spread on eurusd and 3 on the other majors.

This system does not generate many trades. And of course, you should always trade the system and do not let the system "trade you".

Nina

WNW
632
WNW  

Yes, I know what the spreads are but one must also account for slippage, and be generous with that. Once again, provide me the exact details of this other indicator(s) and I would be glad to test it. I am not conversant in MQL. If anyone else here can provide a description of the indicator, please do. I need a description of what it is and what it does, not the code, I can't interpret MQL. Nina, if you have something that works I'm as interested as anyone else.