Quick Montecarlo Question

[SteveM2025]

Can I just check – with the Montecarlo, the first setting is randomize history data. Does this mean the strategy will be tested on different historic data in your EA studio account? I currently only have my own broker’s historic data IC Markets, plus Premium data. So if checking this box DOES mean it tests the strategy on different data sets then it would make sense to import data from other brokers –  i.e. the more sets of historic data against which the strategy is tested, the more robust it would be? Although I also appreciate it would make it harder for any strategy to pass the Montecarlo test. Any advice appreciated, thanks

[Samuel Jackson]

Hey Steve,

 

No this is not what it means. What it does is take the data you are using and it changes a % of the total bars by a % ATR change.

Defaults are both 30% so if you are using 10k bars of data then a random 30k of the bars will be have the open prices modified by a 0-30% of the ATR at that time in the data randomly.

Essentially simulating using similar but slightly different data.

 

 

[Alan Northam]

EA Studio Pro Course will explain exactly how EA Studio works.

[SteveM2025]

Perfect thanks guys much appreciated

[Angelo]

Dear Petko and community,

just wondering why avoiding H1 timeframes which seems allowing more strategies in % passing the MonteCarlo test with the 2 options recommended by Petko.

M15 of course trades more frequently but in my experience it requires much more time to find Montecarlo passed strategies.

Instead, H1 strategies gives me a much higher Montecarlo success rate in %.

Thanks a lot for sharing your feedbacks

[Alan Northam]

Hi Angelo,

I do not know of the 2 options your are referring too as you have not linked them here so I can review them. What I have seen Petko do in some of his videos is he will compare all the Backtest Output results for both M15 and H1 and chose the one with the best overall Backtest Output results. This could have been what he did in the 2 options you are referring too.

If you can link the 2 options to this reply maybe I can give a better answer.

Alan,

[Angelo]

Hey Alan,

thanks a lot for your feedback. I’m talking about the 2 MonteC variations:

1) Randomize indicator parameters

2) Randomize backtest starting bar.

I wanted to say: much more strategies are MonteCarlo passed in backtest compared to Ma5. I’m not saying that all these strategies have much better results in live trading.

Thanks!

[Alan Northam]

Hi Angelo,

As far as I understand your question I think my answer remains the same.

Alan,

[Angelo]

Hello Alan,

ok, do  you mean the 2 EA portfolios (M15 and H1) with “2 options” ?

I understood the 2 MC (MonteCarlo) options selected.

Please let me know, in the meantine my discussion is: what are the benefits of focusing on M15 (of course it works for Petko and you and many others here) if “it seems” that finding MC approved strategy in m15 requires more time to find them in H1.

In the same time, the reactor seems to find much more MC approved strategies in H1 then in M15. It’s just my point of view.

Have you noticed the same thing? And overall, what is the benefit to focus on M15 if H1 coould provide much more strategies to filter?

I like your feedback and it’s important, I’m not saying I’have the absolute truth 😀 ahahaah

I just want to know your experiences about this.

Thanks!

[Author]

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