How do you validate that an EA is truly profitable? - page 3

 
Ryan L Johnson #:

0.1 standard lots is a mini lot, 0.1 mini lots is a micro lot, 0.1 mini lots is a micro lot, and 0.1 micro lots is a nano (cent) lot─assuming that you're trading OTC FX or CFD instruments.

So... Assuming that the Tester is bottomed out at a micro lot, adjust the tick value to 0.01 to compensate for a cent lot.

Again, this assumes that your tick size is correct. If not, change it to match your live chart's price decimal digits as well, e.g., 0.0001

Thank you for this. Very helpful. 
 
Yengkok #:
Thank you for this. Very helpful. 

You're most welcome.

To be perfectly honest, I don't even have access to nano/cent lots in my location... but I've been around long enough to see enough about it.

 
Ryan L Johnson #:

You're most welcome.

To be perfectly honest, I don't even have access to nano/cent lots in my location... but I've been around long enough to see enough about it.

But your suggestion worked. Thank you bro for the help :)
 
Osmar Sandoval Espinosa #:
How long you like waiting until consider moving to a bigger account?
5-6 month's atleast depends on the EA, if its martingale/grid I'm just flipping accounts never use it on more than 2k account.
 
I would validate an EA in stages: backtest for logic sanity, out-of-sample for robustness, demo forward test for execution, and then a very small live check for the final reality test. The main thing to watch is whether the drawdown shape and trade distribution stay similar as you move from synthetic to live conditions. If those change sharply, the model may depend too much on the test environment. What matters most to you at this stage: win rate, drawdown, or expectancy?
 
Hesham Ahmed Kamal Barakat #:
drawdown or expectancy

drawdown and expectancy are the mosti importanat performance indicators.

expectancy (R) comes from win rate and Risk reward ratio