Is the advisor suitable for real life? - page 10

[peco]

SECOND REPORT:

BE23

FOREX-Server (Build 225)

Symbol		EURUSD (Euro vs US Dollar)
Period		1 Hour (H1) 2009.01.02 10:00 - 2010.03.17 23:00 (2009.01.01 - 2010.03.18)
Model		All ticks (most accurate method based on all smallest available timeframes)
Parameters
Bars in history	8409	Modelled ticks	2849212	Modeling quality	87.54%
Chart mismatch errors	20
Initial deposit	10000.00
Net profit	-417.82	Total profit	6492.95	Total loss	-6910.77
Profitability	0.94	Expected payoff	-1.18
Absolute drawdown	1736.71	Maximum drawdown	2008.09 (19.55%)	Relative drawdown	19.55% (2008.09)
Total trades	355	Short positions (% win)	160 (82.50%)	Long positions (% win)	195 (71.28%)
		Profitable trades (% of all)	271 (76.34%)	Loss trades (% of all)	84 (23.66%)
Largest		profitable trade	164.00	losing deal	-104.24
Average		profitable deal	23.96	Deal loss	-82.27
Maximum		continuous wins (profit)	30 (811.33)	Continuous losses (loss)	3 (-289.93)
Maximum		Continuous Profit (number of wins)	811.33 (30)	Continuous loss (number of losses)	-289.93 (3)
Average		continuous winnings	5	Continuous loss	1

[peco]

Regarding future performance, it can be seen from the two reports that the climb on the first report (profitability greater than 6.0) is not confirmed on a longer period, although the settings are all the same, except for the lot size. I am also attaching the detailed report to those who are interested. So far this EA has been interesting for me at least because of a high percentage (80%) of profitable trades even in a generally losing trade

If we look at the detailed report, we can see that those few losing trades are usually stop trades, though not necessarily. But deals opened on trend reversals!!!
Can anyone help with anything? Share your opinion, is it worth continuing to work with this EA? I was just thinking that even if we eliminate losing trades by half or cut losses of losing trades by half, we will get a good profitable Expert Advisor.


What and how should we use to cut off losses or maybe we should work on reducing them?

[Sceptic Philozoff]

Well, 49 trades in any case, even with a profitability of 6, is not a reason to draw serious conclusions.

I personally find this EA interesting so far, at least because it has a high percentage (80%) of profitable trades, even in a generally losing trade<br / translate="no">.

There is no need to hang on to the share of profitable trades. This indicator is absolutely worthless and much less informative than, for example, the profit factor.
If you stupidly open trades in any direction (even all of them buy) with TP=10, SL=1000, then approximately 99% of trades will be profitable.

[Сергей]

Mathemat >>:
peco, 49 сделок в любом случае, даже с прибыльностью 6, - не основание для того, чтобы делать серьезные выводы. Не нужно держаться за долю прибыльных сделок. Этот показатель абсолютно ничего не стоит и гораздо менее информативен, чем, например, профит-фактор.
Если тупо открывать сделки в любую сторону (хоть все бай) с TP=10, SL=1000, то прибыльными будут примерно 99% сделок.

Yes, for me it is optimal if the average profit trade differs from the average loss trade by no more than 2-3 times (in either direction)

[peco]

Mathemat >>:
peco, 49 сделок в любом случае, даже с прибыльностью 6, - не основание для того, чтобы делать серьезные выводы. Не нужно держаться за долю прибыльных сделок. Этот показатель абсолютно ничего не стоит и гораздо менее информативен, чем, например, профит-фактор.
Если тупо открывать сделки в любую сторону (хоть все бай) с TP=10, SL=1000, то прибыльными будут примерно 99% сделок.

I have SL=100. it is not adjusted, but from the fenny. i do not pay attention to it yet because the strategy is unfinished, but i completely refuse to use SL. it is fraught with negative consequences in real trading, besides there will be no time for it anyway

[Сергей]

A couple of new results with a successful forward for 2006-2012 (2000-2006 optimisation):
M15:

D1:

[Alexey Klenov]

Dserg >>:
Пара новых результатов с успешным форвардом на 2006-2012 (оптимизация 2000-2006):

Wow, that's a long way off.

Sorry about the offtops.

[Сергей]

olyakish >>:

Ого как далеко

Сорри за оффтоп.

This is just to be on the safe side.
By the way, I am now running the RSI Expert Advisor - it works too. The results are even better.

[Сергей]

Reverse RSI:
As usual forward 2006-2010, optimisation 2000-2006.

[Sceptic Philozoff]

And all this at a very moderate profitability. Very interesting!