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100% winning EAyou can't find any EA better than

Posted: Sat Mar 06, 2010 4:53 am
by ld40







Symbol
GBPJPY (Great Britain Pound vs. Japanese Yen)

Period
1 Hour (H1) 2009.01.02 07:00 - 2009.12.30 23:00 (2009.01.01 - 2009.12.31)

Model
Every tick (the most precise method based on all available least timeframes)

Parameters
MagicN=8478; EachTickMode=true; i=0; Lots=0; Magic13=8878; MaximumRisk=0.001;


Bars in test
7162
Ticks modelled
5961519
Modelling quality
n/a

Mismatched charts errors
895


Initial deposit
10000.00

Total net profit
6634971.40
Gross profit
6634971.40
Gross loss
-0.00

Profit factor
Expected payoff
54385.01

Absolute drawdown
4011.25
Maximal drawdown
2588942.65 (77.45%)
Relative drawdown
85.66% (317842.43)


Total trades
122
Short positions (won %)
69 (100.00%)
Long positions (won %)
53 (100.00%)

Profit trades (% of total)
122 (100.00%)
Loss trades (% of total)
0 (0.00%)

Largest
profit trade
220650.14
loss trade
-0.00

Average
profit trade
54385.01
loss trade
-0.00

Maximum
consecutive wins (profit in money)
122 (6634971.40)
consecutive losses (loss in money)
0 (-0.00)

Maximal
consecutive profit (count of wins)
6634971.40 (122)
consecutive loss (count of losses)
-0.00 (0)

Average
consecutive wins
122
consecutive losses
0

Posted: Sat Mar 06, 2010 12:35 pm
by forexbob
dream on!

Mismatched charts errors
895

Maximal drawdown
2588942.65 (77.45%)

Posted: Sat Mar 06, 2010 1:42 pm
by leonyde
forexbob wrote:dream on!

Mismatched charts errors
895

Maximal drawdown
2588942.65 (77.45%)


I'm doing a bit of research on the MT4 strategy tester, I want to really understand how it works and how value are calculated.

What exactly does "Mismatched charts errors" stand for?
And does this affect the result?

I also don't really undersant how the maximal drawdown is calculated... 77% - does that mean there is no stop loss...?

Posted: Sat Mar 06, 2010 1:43 pm
by leonyde
forexbob wrote:dream on!

Mismatched charts errors
895

Maximal drawdown
2588942.65 (77.45%)


I'm doing a bit of research on the MT4 strategy tester, I want to really understand how it works and how value are calculated.

What exactly does "Mismatched charts errors" stand for?
And does this affect the result?

I also don't really undersant how the maximal drawdown is calculated... 77% - does that mean there is no stop loss...?

Posted: Sat Mar 06, 2010 5:05 pm
by tmanbone
You've got my attention, please continue to post. Thank you,

Posted: Sat Mar 06, 2010 5:38 pm
by Sennheiser
Try it live, backtesting doens't mean anything. Why?
This is a ea that a friend and I made.
It it isn't profitable.

It's two months, November and December of 2009
And as you can see with no lot incremental it made +4500 from 100 dollars with 0.05 lots.

I'm not saying yours doens't work, i'm just saying that backtesting doens't mean it will be profitable, try it live.

Image

Posted: Sat Mar 06, 2010 5:47 pm
by blubbb
Same here. *g*

Posted: Sat Mar 06, 2010 7:21 pm
by adaseb
Have these EA never heard of the term stop-loss ?

Posted: Sat Mar 06, 2010 7:25 pm
by forexbob
leonyde wrote:
forexbob wrote:dream on!

Mismatched charts errors
895

Maximal drawdown
2588942.65 (77.45%)


I'm doing a bit of research on the MT4 strategy tester, I want to really understand how it works and how value are calculated.

What exactly does "Mismatched charts errors" stand for?
And does this affect the result?

I also don't really undersant how the maximal drawdown is calculated... 77% - does that mean there is no stop loss...?


do a google search and there you will find lots of articles who explains
all the terms from the backtest report .
http://articles.mql4.com/83

The basics starts with in options/charts set the max bars in
history to the maximum.
further the default history information is retrieved from the
metaquotes servers and are not from the best quality.

Tickdata (michael kreslik also wrote articles in the past on this forum
regarding this subject) can be retrieved from many sources (free and paid)
Interesting article on this subject http://eareview.net/tick-data


further as i am correctly understood it,
the backtester works with the spread of this moment when connected,
or when not connected with a fixed vallue within the history file.
So it does NOT take in account spreadwidening during for example
asian session.
which will be the difference between day and night
(cq profitable or NOT profitable).

So it will be a helpfull instrument to start testing a new EA ,
but the final conclusion will be in LIVE testing.

Also is the backtester not able to test multicurrency EA's but only with one currency at a time.

Posted: Sat Mar 06, 2010 7:31 pm
by adaseb
Yeah but -75% drawdown. Isn't that a margin call for most brokers?