Goblin "BiPolar" Edition - page 27
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yes, or any part or all of the number
yes, or any part or all of the number
thanks. Since I was not sure till now I used EURUSD only long and GBPUSD only short...
Great backtest results
I decided to do some backtesting and mess with settings i havent seen others mess with. Heres what I came up with, Im hoping you guys will try and verify to see if im missing something.
Backtested on IBFX - Goblinbipolar same as first in this thread
11-1-06 - 12-30-06
1 HR chart
Euro/usd only
starting balance 500.00
ending balance 3232.00 !
I know its only two months but it looks to work the same if you go farther back. What I noticed is as the balance grows you have to increase the MaxLossPerOrder to keep up with the increase lot sizes and thats the only adjustment I make.
example once the acct balance is say 1500 increase it from 50 to 100, then once 3000 increase it to 200 etc. just examples but you get the idea.
here are the settings i ran.
SystemWideParms=** Goblin Systemwide Parameters **
LotSize=0.05
UseMoneyMgmt=1
MaxLossPerOrder=50.00
TargetEquityToCloseAndReset=0.00
RiskPercent=2
UseFiboLotSizeProgression=1
UseConservativeRSX_Signals=0
UseSMATrendFilter=0
LongTradeParms=** Goblin Buy Side Parameters **
LongTakeProfit=8.00
LongInitialStop=0.00
LongTrailingStop=5.00
LongMaxTrades=4
LongPips=5
LongSecureProfit=8
LongAccountProtection=0
LongOrderstoProtect=0
ShortTradeParms=** Goblin Sell Side Parameters **
ShortTakeProfit=8.00
ShortInitialStop=0.00
ShortTrailingStop=5.00
ShortMaxTrades=4
ShortPips=5
ShortSecureProfit=8
ShortAccountProtection=0
ShortOrderstoProtect=0
anyway, looks like youve done it Bluto
with 99% modelling backtest on EURUSD 1H;
I get steady decline, not profitable.
It doesn't help that the MM routine messes with the Fibonacci progression.
To change it would mean having MM only check lot size before a progression, not during.
I keep intending to look at that . . .
no really I do.
Anyways, backtesting doesn't mean much. (even 99%)
Tross
nevermind
ok now for a dumb question. how do i get to 99% modeling for backtests ?
Here are my current settings which I don't mind sharing.
Backtested on IBFX - Goblinbipolar
on various weeks.
1 HR chart Euro/usd
12-24-06 - 12-30-06, short only
starting balance 10,000.00
ending balance 12,261.00 !
My goal is to bring in maximum profit in the shortest time period using either short only or long only per week. Later on when I have more equity then will switch to more conservative settings.
SystemWideParms=** Goblin Systemwide Parameters **
LotSize=0.1
UseMoneyMgmt=0
EquityProtectionLevel=100
MaxLossPerOrder=0.00
TargetEquityToCloseAndReset=0.00
RiskPercent=1
UseFiboLotSizeProgression=0
UseConservativeRSX_Signals=1
UseSMATrendFilter=0
LongTradeParms=** Goblin Buy Side Parameters **
LongTakeProfit=40.00
LongInitialStop=0.00
LongTrailingStop=20.00
LongMaxTrades=10
LongPips=15
LongSecureProfit=10
LongAccountProtection=true
LongOrderstoProtect=3
ShortTradeParms=** Goblin Sell Side Parameters **
ShortTakeProfit=40.00
ShortInitialStop=0.00
ShortTrailingStop=20.00
ShortMaxTrades=10
ShortPips=15
ShortSecureProfit=10
ShortAccountProtection=true
ShortOrderstoProtect=3
Thanks Bluto and the rest of gang.
Enjoy and have Happy and Prosperous New Year!
Here are my current settings which I don't mind sharing.
Backtested on IBFX - Goblinbipolar
on various weeks.
1 HR chart Euro/usd
12-24-06 - 12-30-06, short only
starting balance 10,000.00
ending balance 12,261.00 !
My goal is to bring in maximum profit in the shortest time period using either short only or long only per week. Later on when I have more equity then will switch to more conservative settings.
SystemWideParms=** Goblin Systemwide Parameters **
LotSize=0.1
UseMoneyMgmt=0
EquityProtectionLevel=100
MaxLossPerOrder=0.00
TargetEquityToCloseAndReset=0.00
RiskPercent=1
UseFiboLotSizeProgression=0
UseConservativeRSX_Signals=false
UseSMATrendFilter=0
LongTradeParms=** Goblin Buy Side Parameters **
LongTakeProfit=40.00
LongInitialStop=0.00
LongTrailingStop=20.00
LongMaxTrades=10
LongPips=15
LongSecureProfit=10
LongAccountProtection=true
LongOrderstoProtect=3
ShortTradeParms=** Goblin Sell Side Parameters **
ShortTakeProfit=40.00
ShortInitialStop=0.00
ShortTrailingStop=20.00
ShortMaxTrades=10
ShortPips=15
ShortSecureProfit=10
ShortAccountProtection=true
ShortOrderstoProtect=3
Thanks Bluto and the rest of gang.
Enjoy and have Happy and Prosperous New Year!Oops, Conservative RSX should be set to false.
Sometimes the inversion of direction is done after 2 trades, sometimes
after 3 or 4.
How is the decision made?
Can I decide of the number of consecutive trades before
reversing?
This is a counter trend EA.What and how are the best settings to play with for trading at the beginning of a trend change ?
Thank you in advance and happy new year for traders and no traders.
Oops, Conservative RSX should be set to false.
Are you using this thing live?
Are you using this thing live?
No not yet.
Just know there is light at the end of the tunnel.
Came to realize I would need to have $10,000 to use these settings.
Right now just trading manualy aggressively using other indicators to signal when to buy or sell.
Spending lots of sleepless hours behind terminal which I am looking forward not doing anymore.
Puts lots of strain on body.
Whenever this system gets all setup, will plan to give 1/10th away to charities.
Appreaciate all your hard work and time setting this up for everyone.
Thanks