10points 3.mq4 - page 153

 

I've been receiving email from people asking for ammendment on the trading system I decided to share earlier. Please, be patience. Run some forward test before you request for furthur changes. I've been working with 10point3 for awhile, I'm pretty sure of what am I doing on the EA. V12 is 1 of the earliest version that I unexpected it will turn up to be profitable, therefor I put it on full test mode now. The passes 2 months I've been massive production on multi version of martingale base EA, and I keep quiet before I havent seens any furthur result on my forward test. All the while I'm too rely on backtest, now I know the backtest is meant for curve fitting. It will not help us on our future trading or finding a good stop loss or TP. All the EAs I've been making these days is rubbish, non of them can perform well on the forward testing. Some build enough profits and wipe out the entire account within few minutes. And finally seeing some action on V12, so I decided to put it on group testing, and hope to find some good solution to maximize the performance on it. Please, start testing it and hope to see your statement and good settings on it. If you can afford, run it on 2 different broker, different mode. Whether Agressive=True/False, I did like to see the difference between them. I'll be working based on V12 to produce a super machine to trade your account from 250 bucks. I think that is what we're looking for all the while. Low risk approach to get maximum profit. Once the account grew, withdraw our initial capital and play with the profits. Start run forward test. I gave up backtest. Hereby attach some of my work, and see how sucky they are. Showing great results on backtest, and wipe out few of my demo account!

Regards,

David

 

and there is more here. all of them turn up to be rubbish! All the test brought the account from 250 to more then 1000% base on 2006 backtest. But none of them work out this 2 months on 2007. Good job David. You just waste your fucking precious time!

Files:
 

Gmail issue

davidke20:
Can you please verify your email address and rePM me. I'll send it again. I forgotton who you are, and if you dont reply me before wednesday, I'll leave the seat for another member. Good luck.

Regards,

David

Hello David,

Please email me at: spolyakov [at] shaw.ca

Regards

StanP

 
davidke20:
and there is more here. all of them turn up to be rubbish! All the test brought the account from 250 to more then 1000% base on 2006 backtest. But none of them work out this 2 months on 2007. Good job David. You just waste your fucking precious time!

Hi V12 Team!

I have two question.

1. I see my backtest...

29 2006.01.02 10:05 close 16 1.60 1.1837 1.1858 1.1834 128.00 10241.00

30 2006.01.02 10:05 close 15 0.80 1.1844 1.1858 1.1830 -24.00 10217.00

31 2006.01.02 10:06 close 14 0.40 1.1843 1.1857 1.1825 -28.00 10189.00

32 2006.01.02 10:07 close 13 0.20 1.1844 1.1856 1.1820 -26.00 10163.00

ONLY LAST ORDER PROFIT. Maybe better if open next order close previous?

Small loss and small margin. Correct?

2. Excelent backtest all 2006. From 2007 is worse. Why?

 
frantacech:
Hi V12 Team!

I have two question.

1. I see my backtest...

29 2006.01.02 10:05 close 16 1.60 1.1837 1.1858 1.1834 128.00 10241.00

30 2006.01.02 10:05 close 15 0.80 1.1844 1.1858 1.1830 -24.00 10217.00

31 2006.01.02 10:06 close 14 0.40 1.1843 1.1857 1.1825 -28.00 10189.00

32 2006.01.02 10:07 close 13 0.20 1.1844 1.1856 1.1820 -26.00 10163.00

ONLY LAST ORDER PROFIT. Maybe better if open next order close previous?

Small loss and small margin. Correct?

2. Excelent backtest all 2006. From 2007 is worse. Why?

I dont know how to answer your question. But I've never run any backtest with this system prior to my forward testing. And I did show you how difference is my forward test and back test. And I'm sure that is the reason why we need group testing. This is a live EA, not living in backtest. It will not produce good result on backtest, but forward testing. EVEN LIVE TRADING!!! I belive I show enough live trading results previously. Do you want another copy?

Regards,

David

 
davidke20:
I dont know how to answer your question. But I've never run any backtest with this system prior to my forward testing. And I did show you how difference is my forward test and back test. And I'm sure that is the reason why we need group testing. This is a live EA, not living in backtest. It will not produce good result on backtest, but forward testing. EVEN LIVE TRADING!!! I belive I show enough live trading results previously. Do you want another copy?

Regards,

David

I see in you statement ..MIRACLE

3264 2006.05.02 09:36 close 1633 8.56 1.2630 1.2609 1.2636 342.40 18144.80

3265 2006.05.02 09:36 close 1632 4.28 1.2628 1.2611 1.2642 -171.20 17973.60

3266 2006.05.02 09:37 close 1631 2.14 1.2629 1.2611 1.2646 -149.80 17823.80

If open next position and close previous, better all profit, I think... idea.

performance 2007... we'll see.

And next idea... equity protection, dont need withdraw deposit, only blocking for use EA.

I want attach EA to next broker... Velocity and North finance - both mini account.

 
frantacech:
I see in you statement ..MIRACLE

3264 2006.05.02 09:36 close 1633 8.56 1.2630 1.2609 1.2636 342.40 18144.80

3265 2006.05.02 09:36 close 1632 4.28 1.2628 1.2611 1.2642 -171.20 17973.60

3266 2006.05.02 09:37 close 1631 2.14 1.2629 1.2611 1.2646 -149.80 17823.80

If open next position and close previous, better all profit, I think... idea.

performance 2007... we'll see.

And next idea... equity protection, dont need withdraw deposit, only blocking for use EA.

I want attach EA to next broker... Velocity and North finance - both mini account.

Nice observation, Miracle is V12 with conservative mode. Agressive_Mode=False. MaxTrade=7, PipStep=4, Profit=10 Good luck on your exploration. Do whatever you like before the market opening. Make sure you stick to your settings for a while until we get a reliable forward testing data.

Regards,

David

 
FutureMillionaire?:

Ultimately, if backtesting could become reliable ... think how much easier (and quicker) it would be to fine-tune the EAs.

I would love to hear your thoughts.

I guess backtesting is a dirty word in these parts

I've spent the day trying to find ways of improving results. I've been reading posts and downloading data files, trying different brokers, runing numerous backtest etc. etc. I've not been able to make any headway.

I can see why a scalping EA would suffer in backtest, but any normal EA ... I can't see why the backtests provide such erroneous results.

Ray

 
FutureMillionaire?:
I guess backtesting is a dirty word in these parts

I've spent the day trying to find ways of improving results. I've been reading posts and downloading data files, trying different brokers, runing numerous backtest etc. etc. I've not been able to make any headway.

I can see why a scalping EA would suffer in backtest, but any normal EA ... I can't see why the backtests provide such erroneous results.

Ray

I've seen people selling EA with backtest. Because you can make the EA to be profitable on passed result. You can curve fit the system to be 100% profitable in passed data. This is called curve fitting. This type of EA will not perform well in your live trading. There is nothing wrong with the backtest, but we should not too rely on the backtest to tweak the target/stop loss. Market is dynamic, changing the trading range everyday. Therefore, what you can see from the backtest is meant for the past data, might not be applicable with your live trades. That is why I put you guys togather for the future forward testing. I want an EA which is work in the future, not in the past!

 
davidke20:
I came across a thread that mrtools are having an arguement with 1 of the member trying to sell 10point3 mod. And the martha farker claims that mr.tools is testing for too long period, and wanting to make a backtest without MM to prove who's version is better. I ran through a backtest with V12 on conservative mode and tight stop loss, tight pip step, this is the out come without MM. Look carefully on the starting capital and the balance after a year without MM. I think that is the purpose of backtest. No doubt, for me its still rubbish, but atleast I have some important information in my mind, I'll know what is the next step of development. If I modify my EA, what should take into consideration. I personally have 4 different folder on my desktop to collect EAs from different author and I also bought a few commercial EA(thought it would work )

Category A

A best EA did tremendous result on at least 90% and above MQ backtest and getting about half of the performance on live trading compare to backtest.

Category B

A good EA did extremely good result on at least 90% and above MQ backtest and getting less than 20% of the performance of live trading compare to backtest(this type of EA would be over optimize, and pattern recognization. NFP and FOMC will kill them) 10point3 fall in this category

Category C

A bad EA did good result on at least 90% MQ backtest because without stop loss, use this kind of trading robot on live account is a betting game!

Category OMFG (*Oh my farking god)

A worst EA did good result on Control Point only on backtest and wipe out account on the second day after you fund in your live account!

Always remember, 1 year 90% MQ backtest will not give you your proper stop loss or tp, it gives you the idea of whether your EA are coded correctly, whether the stop loss are in place, whether your money management algorithm is working fine. And would like to say that, mr.tools did a great job on 10point3 volatility mod. That is the craziest so far I've ever seen.:D I hope it works.

Regards,

David

Gonna requote my own words again! You make your choice, whether you wanna rely on a curve fitted setup? Or prepare to rob some money from Ben Bernanke tomorow when he announce GDP! Start learn to rob the bank in the legal way! Give up the beutiful backtest! Or you'll live in the past forever. I will not see you success in auto live trading. I can guarantee more than 50% of the member around TSD still suffering on their live trading, and backtesting everyday trying to figure out wtf is wrong with their EA! Why last year making good profit, but not this year?! Why the EA works on year 2000 but not 2001? What date is tomorow by the way?! Its 2007, do you think it still work with the settings from 2005?! Good luck.

Regards,

David

Reason: