Very Good performance !

 

Hi All

I am asking you from your experience how far can we depend on previous behavior in forex trading?

Meaning if we run an EA on strategy tester with a very good results over 6 months data.. Is it enough to judge on the ea? Can we move to real money??

Thanks

 

E.a

Hello WAW

I shall like connitre an E.A which makes some profit during 6 months.

For the moment I know only E.A which make do big losses.

I shall like connaitre your E.A

Yves81

 

Hi WAW if you would like to post your EA we can test at 90% modelling quality which is more accurate and am sure contribute a few ideas

 

hi

WAW:
Hi All

I am asking you from your experience how far can we depend on previous behavior in forex trading?

Meaning if we run an EA on strategy tester with a very good results over 6 months data.. Is it enough to judge on the ea? Can we move to real money??

Thanks

Depend on how much your EA drawdown ? and do forwardtesting

====================

Forex Indicators Collection

 
WAW:
Hi All

I am asking you from your experience how far can we depend on previous behavior in forex trading?

Meaning if we run an EA on strategy tester with a very good results over 6 months data.. Is it enough to judge on the ea? Can we move to real money??

Thanks

How often does an identical snowflake fall from the sky? - There's your answer.

 

I do not recommend the thinking "going back 6 months" is a good indicator of performance.

What this assumes is that the EA is robust/consistently performing in all market conditions. When I look at an EA you want to see how it performs in the condition it is designed for and if it protects itself in conditions it wasnt programmed for. these conditions are as followed:

Ranging

Trending

Choppy (ALL OVER THE PLACE)

Black swan (Huge movement in one direction IE beg of Aug)

..there may be others but this covers it in my opinion.

SO: In 6 months you will not be able to see all these conditions. Try to see how it responded to all these conditions. The more the better and what you look for is consistent performance. If it performs well during ranging in 1 instance but in another instance it does horribly then see why it is. If it is robust then it should be "consistent".

Finally, you will never have enough data so instead of looking for a "rule of thumb" it is best to understand what the market has done in your minds eye and then see how the EA responded to it.

Basically, you need to know the economic situation of when it was tested, if it has been tested in all market conditions, and what the EA is trying to take advantage of (range, breakout, trends, hybrid, ectt..)

 

if an EA with few drawdown and continuous profit(profit dont need to be very hudge), i think this EA is trustable.

 
shanyang:
if an EA with few drawdown and continuous profit(profit dont need to be very hudge), i think this EA is trustable.

I would never take a profitable EA in backtesting, and throw in on a live account. Forward test on a demo for a couple months at least. If that goes good, then take it to a live account.

Reason: