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Viewing 15 posts - 1,531 through 1,545 (of 3,268 total)
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  • Petko Aleksandrov
    Participant

    Cheers, Simon!

    Just keep in mind that the more bars you use you will have more count of trades, which will make the strategies more robust.

    At the same time, if you use more bars you are lowering the profit per day.

    So something in the middle is always the best.

    in reply to: Separate Demo and Live MT4/MT5 installations #17094
    Petko Aleksandrov
    Participant

    You are welcome. Feel free to drop any other questions.

    Cheers,

    in reply to: Walk Forward optimization Course #16999
    Petko Aleksandrov
    Participant

    Hey Claudio,

    Actually, I do, many of the EAs that are included in the courses I optimize them carefully with EA Studio. For example, the 10 USDCAD EAs, the 10 EURUSD EAs, the 10 GBPUSD EAs,  the new 10 GOLD EAs that are coming up next week…and maybe I forget some. Right, the basic algo course.

    Just with some, I decided to launch new ones ( EA Studio is fast enough so I can do it).

    Cheers,

    Petko Aleksandrov
    Participant

    Hey Simon,

    this was because many people wanted to use many bars. Like 500 000 and more. There are traders who want to test EAs for the last 10 years. Personally, I think it is not necessary, but I showed a method of how they can collect it.

    On the higher time frames, I would use more….for example what is in the MetaTrader-Demo server in EA Studio is good:

    M1: 300,000 bars

    M5: 200,000 bars

    M15:  100,000 – 120,000 bars

    M30: 50,000 – 60,000 bars

    H1: 25,000 – 30,000 bars

     

    Cheers,

    in reply to: Separate Demo and Live MT4/MT5 installations #16993
    Petko Aleksandrov
    Participant

    Hey Simon,

    very good question!

    If you want to have the data from the live and from the demo servers you have to do it on different MT installations.

    Cheers,

    in reply to: Walk Forward optimization Course #16896
    Petko Aleksandrov
    Participant

    Hello Claudio,

    I get your point. But I do not do it. Simply because I avoid the optimization totally. The risk to over-optimize the strategy is huge. Does not worth the risk to do it. You better use new strategies or portfolio EAs. That is why I launch new ones every month actually.

    The other thing to be done is to keep testing all the strategies in a Demo account, and if you see that any of the strategies is back with a good profit factor, you can enable it in the live account by removing the “//” from the Portfolio Expert.

    Kind regards,

    Petko Aleksandrov
    Participant

    Hey mate,

    I started the account with 10k. I was quite busy and I really forgot to share the EAs. Once I am home, I will attach and send them.

    Well…what to say, man, you need to practice a lot. Do not hurry with live trading until you are satisfied with the EAs you trade on a Demo. I did the mistake to rush in live trading and I did not get the results I expected.

    And maybe the most important and valuable advice is to listen to Petko’s courses and pieces of advice 🙂

    And post in the forum questions as max as possible, this will teach you a lot. There are many experienced fellows even not all of them write a lot in the forum, which is understandable. It is free will.

    Regards,

    in reply to: Settings Files of the courses #16788
    Petko Aleksandrov
    Participant

    Hello Claudio,

    Glad to hear from you. What do you mean by “EA Studio Settings ______.json”? I do not understand it.

    Do you mean the settings that could be downloaded from tools? I do not really keep these files.

    First, because it depends on the Historical data you have. Second, I use nearly the same default settings in each course.

    Let me know if you mean something else.

    Cheers,

     

     

    in reply to: Trading seminar in Japan next week #16787
    Petko Aleksandrov
    Participant

    Hey Oaka,

    It will be a pleasure to meet you. I have never been to Japan and it will be an awesome experience for me.

    I have prepared quite interesting things for the seminar 🙂

     

    in reply to: Trading seminar in Japan next week #16784
    Petko Aleksandrov
    Participant

    Hey Andi!

    Yeah, I plan to do more live seminars during the next years and London definitely will be one of the spots.

    Cheers,

    in reply to: How to recognize the Scam Brokers? #16677
    Petko Aleksandrov
    Participant

    Hey Haliffa,

    I had a quick look. Let it stay. I hope it could be useful to somebody.

    I was planning to make something similar on our website, but I really do not want to spend time on that because the scam brokers are getting more and more, and I whatever we do we can not cover them all…

    Maybe we can make a page with tested brokers, even that would be accepted as a recommendation, it might save a lot of money to many people. Simple, protect them from the scammers.

    in reply to: Updates in the courses #16676
    Petko Aleksandrov
    Participant
    Petko Aleksandrov
    Participant

    Hello Adam,

    yes, there are such EAs and scripts for trailing the SL that you can apply to any Expert Advisor. This will be the easiest way for you if you want to put different SL and TP. Keep in mind that as Travis said, it will change your backtest which means that you will not have the same performance from what you saw in EA Studio when generating the strategies.

    Regarding the first picture, again I say you are looking at different EAs.

    Look at the right up corner where is the smiley face and the magic number of the EA( I place a big white arrow). It is a different number from what you see in the code. Simply you look at different EAs with different SL and TP.

    The function of the SL and TP works just fine, all bugs and mistakes were fixed long ago.

    However, if you still can not see it properly, let me know and I can have a quick skype look at your screen and make it clearer for you.

    Kind regards,

    Petko A

    in reply to: Newbie trader in Spain (EU) – low leverage #16672
    Petko Aleksandrov
    Participant

    Hey Andrew,

    Welcome to the Forum! Yes, the new regulations are a bit tide and especially when we were used to trading last year with bigger leverage, now it seems a bit more difficult but it is not. These restrictions were placed to limit the losses in the traders. Also, the brokers started to benefit less, not as they used to be.

    Now trading with lower leverage is really not an issue. You will have a smaller risk indeed and profit can always be achieved.

    Give it a try on a Demo account and see how much you would fit trading from let’s say 2k account.

    As a beginner trader try not to think so much about the leverage and the potential profits you can do but about the strategies you will use. Try to learn and master the system you plan to use. Once you are good at it, the leverage won’t be really an issue. But if you do not have a profitable system that you can apply, everything will be an issue 🙂

    Petko Aleksandrov
    Participant

    Hello Adam,

    For me is hard to understand what you want to do or at least I do not see your logic. You want to change the EAs you have already with Trailing SL, am I right? If you do, this will totally change your strategy backtest. As Andi said you can not make a conclusion from a couple of trades opened if it will be better with trailing or not.

    What do you mean you have “bad” SL-TP?

Viewing 15 posts - 1,531 through 1,545 (of 3,268 total)
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