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Gerald Birkner  

FAQ -  Savage Capital Max Scaling Pro Expert Advisor:

  • Can I use this EA with standard settings?
No, you have to run an optimization on the strategy tester first, to identify the possible correct 120 variable settings for your market.
  • Why I have to run an optimization first on a longer date range?
For a good EA to run precise in live conditions, you need to find the best settings over a longer date range. With that, you minimize the risk that the EA gets over-optimized for a short date range.
  • Why is an optimization better on a longer date range?

With shorter date ranges, in the optimizing process, the EA may find very good settings for this short period of market structure, but on longer date ranges you have more different pattern modification, based on the market structure, included which lead to an overall better generalization for the best settings.

With this method, you minimize the risk that the market changes slightly in its structure and the found settings become ineffective to produce the tested and adjusted quality what you expect.

  • The optimizing process takes a lot of time finding good results, why is it like that and is there a shorter way to get a faster ending?
Yes, that is true, and I will tell you why it is the best solution: A EA that is hard-coded will fail if the pattern structure gets over time more and more modified by the nature of the market dynamic. For that reason, you need a trade algorithm in the EA that is resilient for that risk of failure. The solution is, to find settings for an already effective algorithm that can identify correct trade setups even when dynamics change.
  • Why so many variables, and can i reduce the optimizing process by enable only a couple of these 120 variables to save optimizing time?

This EA and its algorithm is specially designed by myself with 120 variables for a good reason. The combination of this variables generate unique and well generalized trade setups.

Only the power of the combined variable settings of all variables can lead to that expected and tested good profit return. When i implemented this algorithm, I tested it out if it can work with less variables and i finally came to the conclusion, that this amount of 120 variables is needed, because i saw that this gives the most effective & best optimizing results for all metrics.

Less variables or just less selected variables will not generate very good metrics in the overall optimizing process. A good strong EA requires time to setup. That is why i published this robot as a blueprint, free for yourself to optimize and pick all kind of markets with different market structure, where the combination of those 120 variables can cover all market specific dynamics and create amazing settings for best metric results and best trade setups. That is just a benefit to you. I could have been optimizing it by myself for you and publish this EA settings specific, but as you recognize now it will mean that you will buy a product which is not flexible anymore. My goal was to give you a product where you have all cards flexible in you hand and you can decide what you really want.

  • Why is that EA so strong?
  1. Its flexible enough to find the best settings for any market over any date and time period.
  2. Its working for any market structure.
  3. It finds many versions of incredible metric results.
  4. It has a greedy money collector algorithm implemented.
  5. Furthermore, it can collect money on active trades which are not reaching the defined take profit levels, to enhance even more a exponential growth of capital.
  6. Furthermore, it minimizes the loss of trade outcome by a well working trail stop algorithm, if a trade setup is not running into profit or if the greedy money collector is not able to grab it early enough. Which again boosts its overall exponential growth power.
  7. It works not on every daytime. It focuses on day times that have in general a higher chance of good pip profit distances to benefit from.
  8. Furthermore, it doesn't trade on garbage market structure setups all day long.
  9. Furthermore, it doesn't reopen trades when sometimes a trade fails and ends with a loss. 
  10. It doesn't reopen trades if you take profit manually by closing a trade after some time when the trade was in the market, because the pattern of the setup has already changed.
  11. Furthermore, it is making trades based on account money and is able to scale up to the max volume limit on that market, which your broker has control over.
  12. Furthermore, it will not stick to one trade per setup if you have higher balance. Furthermore, it is able to open more positions on the same setup when you have a bigger account balance. Boosting exponential income again.

LET ME KNOW, IF YOU HAVE FURTHER QUESTIONS.

I HAVE ONLY COVERED THE MOST RELEVANT TOPICS, WHICH MAY INTEREST YOU, WHY THE EA & OPTIMIZING PROCESS IS NEEDED & WORKS LIKE THAT. 
 

Gerald Birkner  

FAQ - Picking and using variable settings from the optimizing process

  • How do I use different optimizing results to pick the wanted final settings for all 120 variables?

After the optimizing process, you know which settings are interesting and relevant for you, based on the metrics. The goal is to set the one config of the variables, save it as a template and load it into the EA on a chart.

Here is how you do that, in detail:

  1. Save the full optimization from the strategy tester by right-clicking into one line of the different RESULTS OF OPTIMIZING tab
  2. Save/ Export the optimization cache to disk for later, if needed.
  3. Double-click the best result, what you have found to automatic set the 120 variables to this configuration of the one optimizing result that you prefer.
  4. The tester will now automatic start a single test process for this configuration. You can validate its performance then and see the test result and metrics in detail, inside the BACKTEST tab.
  5. If you want to use this setting now in live, go to SETTINGS TAB and right click on one line to save this configuration to a template for this EA. If you are not happy, how the one selected optimizing setting performs, pick another one from the overall RESULTS OF OPTIMIZING tab.
  6. Finally, if you're good with one or another setting configuration, load the EA into a chart for that market which was selected for the initial optimizing run and load the saved setting configuration for the EA to work with it.
  7. Done, you successfully ran an optimizing process to find your best variable configuration for this market, you saved the particular variable setting configuration, and you loaded this configuration into the EA. The EA will now work with this config and generates only trade setups based on your tested metrics quality.

You are free to always search for better variable configs, run new optimizing back tests, change date ranges, match different results and also adjust the EA after a certain period of time.

This EA is very flexible for your wishes and need.

If you have further questions, feel free to ask.

I always will be there for you to help and support!

Happy Trading & a wealthy life. 

All the best for you!