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My AMD Ryzen 9 5950X 4.9Ghz 16-Core Processor compared to my friends Intel Core i9-12900K 5.2Ghz 16-Core Processor is quite embarrassing. His intel is significantly faster in running optimizations. I am sad.
Before buying a machine specific with optimisations in mind, consider improving your EA strategy instead so that it is less dependent on optimisations.
I have been coding EAs and trading in real life for several years, and I only did serious optimisations at the very beginning due to not knowing better.
Nowadays, I only do simple optimisations during the initial stages of research and development tests, never for serious EAs I trade with.
It is much better to design and develop strategies that automatically adjust and adapt to conditions, and the most important part of the strategy is risk and money management that does not require optimisations at all.
I know it is sometimes difficult to believe the simple truths of more experienced coders/traders when, as a newbie you are filled with hopes and dreams of a golden future, but please take my words seriously.
Trading is a simple operation of buy or sell, but making profit consistently is very difficult and requires a lot of effort, commitment, and dedication.
If you put most of that effort into optimisations, you will lose out. Instead, put that effort into gaining more experience and knowledge about the markets, your coding, your strategies, etc.
The more you understand and know, the better you will code and trade, with insight and skill, and less based on “brute force” optimisations.
Hey Fernando, that's what I call a golden advice. I screenshotted it.
I'm currently pulled in multiple directions sometimes.
1) Learning everything about price action first?
2) Learning everything about MQL5 first?
3) Learning everything about MT5 Strategy tester and optimize simple strategies?
I will more focus now on 1) then 2) but in parallel also to have some fun, I will always play around with backtesting and optimization. Only learning with fun ;)
Any other golden advice?
Cheers
If you plan on optimizing multisymbol EAs I would go more on the side of RAM being more important If I were you I would read everything in this thread: https://www.mql5.com/en/forum/484665
That said I plan on building a workstation with 128gb of RAM just so I can do big optimizations on multisymbol EAs even though its not really necessary because you could use 1 min ohlc to reduce RAM usage but then you have to control for bar opening when you run it on a live account to make it similar in backtesting conditions
Hey Fernando, that's what I call a golden advice. I screenshotted it.
I'm currently pulled in multiple directions sometimes.
1) Learning everything about price action first?
2) Learning everything about MQL5 first?
3) Learning everything about MT5 Strategy tester and optimize simple strategies?
I will more focus now on 1) then 2) but in parallel also to have some fun, I will always play around with backtesting and optimization. Only learning with fun ;)
Any other golden advice?
Cheers
Do 1
then learn python and machine learning
Do 1
then learn python and machine learning