EA's that did not work as well as I wanted

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Brian Rumbles
971
Brian Rumbles  

This is an EA I worked on , but it did not work as well as I had hoped. Most if not all EA's I have made are like this, but they may still be interesting to someone, so I will share some of them here.


This first one was supposed to find a combination of the previous N (eg.7) losses (where the SL was hit), and then start trading from there. However I think the combination of losses was so random that it made no difference compared to just randomly buying and selling

Brian Rumbles
971
Brian Rumbles  
This version here works the same as above except it only searches for N amount of straight losses of buys in a row or sells in a row and then starts trading. This seems to work a lot better than the previous one except that the results may be bad when N is set to 3, good when N set to 4 and then bad again when N set to 5, so it may just be luck if any setting is good in the backtest
andrew
433
andrew  
Brian Rumbles:

This is an EA I worked on , but it did not work as well as I had hoped. Most if not all EA's I have made are like this, but they may still be interesting to someone, so I will share some of them here.


This first one was supposed to find a combination of the previous N (eg.7) losses (where the SL was hit), and then start trading from there. However I think the combination of losses was so random that it made no difference compared to just randomly buying and selling

I think an old adage probably applies here; "In an infinite universe, sooner or later all events will happen". So, sometimes your strategy will work, sometimes not, even under seemlingly similar conditions.

Something I'm looking at, is to look at a grid of orders; different currencies, time frames etc. then manage the grid as a single order. For example when the grid is in profit, close all trades, and start again in n bars... etc.  This might overcome the randomness in individual trades....

A

Brian Rumbles
971
Brian Rumbles  

Yes, I agree with you, any strategy I have come up with was valid only for a sample. That was a nice way of putting it. I like your idea of different currencies and time frames but it is also complicated to try to figure out if it will work or have the same problem we are discussing. Let me know more.


P.S I will add one more comment, the problem with these types of investments is obviously lack of information that causes uncertainty. Then we follow the price, however maybe it is better to think for our selves : "do I like what the price is doing now?" If not then don't be exposed to it, wait  4 hrs, 8 hrs or a day etc. until you more happy and then try, if it does not work wait and see again, wait for the price to move.

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