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Hello Jacpin,
It is indeed hard to set the range for the cryptocurrencies. This is because the recent months the Bitcoin and the others were staying in a range without huge volatility. During this time when I was generating EAs, I was looking for smaller TP because if I place a huge range, the generator will look at the whole Historical Data. This will include the data from 2017 and 2018 when the bigger TP worked better and Take Profit of 200$ was taken a few times during the day. This was the time when I recorded the two courses for the Bitcoin Never Losing Forumala.
Anyway, now there is some volatility again, so I have increased again the ranges. Also, I am testing now the cryptocurrencies with the update with the Walk Forward Optimization. I have described it in the recent update called EA Studio updates: Walk Forward optimization.
This way we take the last parameters which are best for the recent period of data. And this is very suitable for the cryptocurrencies which have different volatility all the time.
Hope that helps.
Hey Petko,
Thank you for the video, I have missed it somehow. I am on the halfway now but it looks like a really interesting one.
Hey Leon, just keep an eye on the EA Studio Updates topic. Whenever there is a major update in EA Studio I record a video about it.
Actually, there are updates in EA Studio all the time but most are inside the code of the software which improves the speed of the generator and other features.
Alright, so there are updates all the time as far as I get it. But not on the interface. And I guess, you make updates only on the things that we see, or some extra features? Thanks for your work, Petko! I really enjoy watching the courses and using the EA Studio and FSB Pro.
Hello all, do you use different acceptance criteria for the different time frames or not? At least with the different time frames, we have a different number of bars, right? Does this mean that we need to require a different count of trades?
Hello guys, it also happens to you that the Acceptance Criteria is not accepted by the Reactor all the time until it has led you to despair? Everyone is responsible for generating their own EAs. I wanted to know how you behave. Do you have an example of Exel tables where you have the whole in overview? Can you take a few screenshots to show your Acceptance Criteria values? This would make it easier for me and for many of you who are still at the start.
Hello Centcel,
the best thing to do is to start with small criteria, not strict. With the time when you collect more bars, you will be able to increase it. For example, try to make stricter the criteria every new month. Increase the Number of Trades from 300 to 320, 340..every new month. Because with every new month you will have more bars. It worked for me before…
What I do now is to create many EAs, and after that filter them in the collection. Not looking so much to make it strict.
Hello Centcel,
I think you have bad Historical data. I had this issue at the beginning. You won’t get any decent strategies before you collect many bars. Focus on the small time frames because there the data collect faster.
Hello Centcel,
the guys have you good answers. The problem is with the data obviously.
What you can do is to use the MetaTrader-Demo data that is in EA Studio. It has many bars. You will be able to create good strategies. As you see in most of my courses I use exactly this data. Also, it updates automatically.
Petko, do you use the same criteria in the Acceptance criteria when you generate the EA and the additional filter in the collection? Does it make sense to filter the EAs in the collection with different criteria or better use the same?
Thanks!
As far as I know, there are the Win/loss and Return/drawdown.
How should be risk/reward calculated? How much you are risking vs how much you profit. This means the loss (this is what we risk) vs the profit (this is what we benefit). If this is the case this is the win/loss or the profit factor which is the gross loss/gross profit.
Hello Haliffa,
Reason why i was asking about risk/reward ratio is because many of the strategys i get, often has bigger SL than TP but has great Profit Factor according to EA studio. But i wanted to aim more for example: risk 10$ to make 20$, which criteria should i focus on then?
Hello Riuzk,
I understand your question. EA Studio taught me not to look for a smaller SL than the TP. This is an old trading rule that was never proved to me.
Anyway. if you want to have that, just put in the range for SL and TP when you are generating the EAs.
For example, place a range for the SL 10-15 and for TP 30-45.
Kind regards,
