Daniel Eduardo San Martin / Perfil

A backtest of the expert advisor "SENTINEL Heikin-Ashi" yielded a thousand similar results after modifying three of its parameters, indicating a promising level of robustness. The accompanying image displays the overlapping graphs of two such configurations. In the first half of the backtesting period, one configuration outperforms the other by avoiding certain drawdowns. However, in the second half, the configuration with higher drawdowns achieves a greater profit.
Choosing the Right Configuration: Given that "SENTINEL Heikin-Ashi" can manage multiple instances on the same account, even for the same symbol, it raises the possibility of using both sets of parameters to average out the results. But what should we consider when implementing this strategy?
In this scenario, where the results are similar, the drawdowns, although not exactly doubling, often occur very close to each other. This means the second drawdown can happen before the first one has fully recovered. Therefore, if we aim to maintain a drawdown level similar to that of each backtest individually, we need to reduce the risk value for each trade. Failing to do so could lead to a higher potential profit but also a larger drawdown.
Risk Management with "SENTINEL Heikin-Ashi": "SENTINEL Heikin-Ashi" offers robust risk management features through its "Risk Management" and "Risk Value" settings. By lowering the "Risk Value," we can employ two similar sets of parameters without multiplying their potential drawdowns. This approach allows for a balanced strategy that leverages the strengths of both configurations while mitigating the associated risks.
In summary, by carefully adjusting the risk parameters, traders can effectively use multiple configurations to optimize performance and achieve a more stable and potentially profitable trading strategy.