Hi Petko,

I am generating strategies from EURUSD and GBPUSD from the JFD Demo history as I also use JFD. I noticed that there is no uploaded new data, last one was on June 5th and June 11th. Is this correct?

 

thanks

Facundo

 

 

Hi Petko,

 

Thanks for the fast response. I reply following your questions

1. Your broker obviously has different live and demo price quotes. Why do you get a different number of trades? Did you try to backtest the EAs over the live Historical data? Does it match with the Demo?

[Facundo] You might be right. I will try with JFD and see if that one is better.
I don’t know why I get different number of trades. But in Demo account I select the strategies that are profitable then i put them in EA Validator and I see in Validator trades that the Demo account didn’t open.

No. I didn’t try to back test with the live historical data. only the demo.

If the Demo server is different from the live server, the Demo testing is basically useless.

2. Why do you run the Monte Carlo after testing on Demo?

[Facundo] Because I thought that way i can validate if the Strategy which is giving profitable trades on demo is passing montecarlo validation. I did it to double check. Maybe is not the right way.

Why don’t you use it in the Reactor while generating the strategies?

[Facundo] I didn’t understand this question. I did use the reactor to create initially the strategies. Is that what you mean?

3. How do you generate the strategies? What are your acceptance criteria?

[Facundo] with the reactor. I generated them 2 weeks ago and I creating new ones every week. Then I put the strategies in the Demo account and select for Real account only the trades that are profit more than 1.2

My acceptance criteria is

Min count trades : 300

Profit factor : 1.2

Min r square: 60.

10% OOS

And montecarlo validation

4. How many counts of bars do you use when you are generating the strategies?

I used the meta trader Demo. So as many as it gives me.

 

thanks for the help

F

Hi Petko,

I have quite a few questions so I apologize in advance for so many of them..

I have been using the top 10 profitable strategies from EA (EURUSD, GBPUSD) and in the last 2 weeks they gave me losses. I am wondering if I am doing something wrong. So here are the questions

 

Question 1) What timeframes do you recommend me to use for EURUSD and GBPUSD? I have been using M5, M15, M30, H1 & H4.

Question  2) In order to select which strategies to trade in a real account I do the following steps:

Step 1) I generate strategies in EA Studio. And put them in Demo Account

Step 2) Every weekend I check the top 10 Strategies that gave me 3 or more trades and profit factor >1.2.

Does it make sense to do this every weekend  (so 1 iteration every week) or shall i wait more?

Question 3) Every weekend I ran the EAStudio for EURUSD and GBPUSD and create new strategies and I put them in the DEMO account. And then wait til I have at least 3 trades to analyze. Is this correct? doest it make sense to do it every week?

Question 4) Stop loss I am using Fixed or Trailing. Do you recommend it? or shall I use Fixed? What about Take proift do you recomend to always use it?

Question 5) EA Studio has an option that says close at Friday Close. Basically closes all trades at the end of the week. Do you recommend using it or it is better to drag the trades?

 

thanks and again sorry for all the question

F

 

thanks. Good tip

thanks for the tip

Axitrader.   with a Pro account paying 7 USD Lot they dont have that spread

thanks it is clear..

Hi Petko,

 

yes I ran montecarlo and also this OOS 10% to not over optimized. I didnt get many strategies but some won some were loss.

About Spread. I am asking because you were saying in one of the courses that we need to have a spread lower than 10 to have profitable strategies.

 

Thanks

Facundo

Hi Petrov

 

regarding this question.. is this correct?

 

Question1: As my broker is JFD I am using the Metatrader Demo history data because I understood that comes from JFD. is this correct?

 

thanks

Facundo

Thanks to both of you for spending time with such a clear explanation. Appreciated

Thanks. Good tips.. all try them

Attachments

 

Hi

 

do you have other brokers to recommend?

 

thanks

Facundo

Hi Petko

 

sorry for my delay in answering. I think you might be right but Axitrader doesnt give me more bars that 2017 for EURUSD H1. Could be that maybe the dont allow alogrithmic trading?

thanks

Facundo

Hi,

I have done the Strategies and I have 10 in total. I am running the Expert advisors since one week and no trading is being done. I see in the system these messages.

Do you know what could be?

Thanks

Facundo