Starting a new EA - page 2

 
IBosskurt #:

"Hi Christopher,

Great job on maintaining such a low drawdown (0.40%), but a Profit Factor of 1.79 with only £200 profit over 3 years suggests your strategy might be a bit too conservative or your entry filters are filtering out too many high-probability moves.

I’ve been working on a similar 'Sweep & Mean Reversion' logic specifically for XAUUSD (Gold), and I found that by optimizing the Standard Deviation (Bollinger Bands) and using a dynamic ATR-based Exit, you can significantly increase the yield without blowing up the drawdown.

For instance, on my recent 2026 Q1 tests (Jan-March):

  • January: 11.79 Profit Factor with a 96% Win-Rate.

  • Feb & March: Consistent 100% Win-Rate with zero Drawdown.

My advice would be:

  1. Check your Volatility Filter: If your profit is that low, you might be missing the 'meat' of the move. Try adjusting your TP multipliers based on current ATR.

  2. Liquidity Sweeps: Instead of just fixed entries, look for liquidity grabs (Sweeps) before the reversal. This is what pushed my equity curve vertically in March.

Keep testing, you have a solid foundation!"

Thanks for all the advice I’m going to keep chipping away at it hopefully I can get something solid foundation so I can get off this building site thanks
 
Christoper Mckeown #:
My treat have been running about 185 a year
But now I seem to run arrived on a demo last week. I seem to not be making any trades. I think I’ve built it too safe. I think one of my filters in I think it’s blocking the trades now.

imo that many trades is not enuf to verify on strategy tester. Main reason why is that a backtest rarely shows the real dd -- while each trade is open. So, forward testing on live charts is definitely the next step, imo.

And do not worry if you do not get any trades during the current markets, because like ryan said, the current markets are far from normal, even much of last year was abnormal. If your strategy avoids much of these times, then that is good -- again -- as ryan said.

 
Michael Charles Schefe #:

imo that many trades is not enuf to verify on strategy tester. Main reason why is that a backtest rarely shows the real dd -- while each trade is open. So, forward testing on live charts is definitely the next step, imo.

And do not worry if you do not get any trades during the current markets, because like ryan said, the current markets are far from normal, even much of last year was abnormal. If your strategy avoids much of these times, then that is good -- again -- as ryan said.

Thanks for advice. Everyone’s been brilliant on here helping
 
I need to make my User Manual available to the future buyers. How do I do that? 
 
Steven Glanz #:
I need to make my User Manual available to the future buyers. How do I do that? 

Create a blog in the 'Blog' section and insert its link into your product's description.

https://www.mql5.com/en/users/sglanz/blog

 

My advice would be to use the visual tester and have a look at how the trades appear, and how the losses look. That way you can see where any potential problems could be. Another big tip is to use the trend line on a chart to get a feel for how many points a reasonable TP and SL should be for the timeframe and symbol that you use. It could also help to give you a rough idea for how the trailing stop should be configured (if you use one).

There are some notorious issues associated with automated trading, and one of them being that it can make an unreasonable loss that a manual trader wouldn't warrant. I spent months trying to figure out effective risk management in code, and not all my code ideas were good. One of my good ideas though was to make what I call a "profit retracer". That is, if the position went into profit by roughly 5% and bounced back into a loss, it should try to close the position near breakeven. Sometimes indicator based trades are victim of the classic "fakeout".