optimization with strategy tester and montecarlo in detail.
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My knowledge is limited to manual trading and markets and have started writing EA's.
I need some detailed guide to setting the parameters of an EA before sending it in a live market.
Suppose today is week six and I have to attach my EA to a EURUSD chart. This EA has 2 optimizable parameters. I have the strategy tester graphs for weeks 1-5 of these two parameters ranging within reasonable values. so how do I proceed to choosing a particular parameter values for 6th week.
dont tell me about out of sample testing or walk forward testing or monte carlo.
Additionally I need similar detailed step by step guide for monte carlo. I have seen youtube videos but do ya'll have something more detailed since I am not a master in excel.
thanks.