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July 2, 2019 at 10:05 am in reply to: What can you do if you canยดt generate EAs about the acceptance criteria?? #15035
Petko Aleksandrov
ParticipantHey Centcel,
The problem is very obvious – you have 2076 bars!!! You can not create strategies with so small number of bars. Look again at the videos of Petko. He uses around 100 000 bars on M15. Or you look at the MetaTrader-Demo Data source in EA Studio it has over 100k bars for the assets.
2k bars is small number mate, you need to collect the data or find a broker with more bars. But all at the beginning show a small number of bars. You can guess why ๐
Petko Aleksandrov
ParticipantHello 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.
July 1, 2019 at 11:15 pm in reply to: What can you do if you canยดt generate EAs about the acceptance criteria?? #14986Petko Aleksandrov
ParticipantHello Oscar,
Well, the message says clearly where the problem could be. You acceptance criteria are somehow too strict.
What you can do is to remove the criteria. Run the generator. Do you see strategies? If yes, add acceptance criteria starting from the number of trades. Start with 100. Run the generator again. Go with 200 and run it again…this way you will see where is your limit.
Do the same thing for your other selections in the acceptance criteria. And when you do that remove the Monte Carlo, Multi-Market or whatever you use. Just to make sure you are getting into it step by step.
Now, it could be the case that you have very small Historical data. How many bars you have on M15 or H1?
Petko Aleksandrov
ParticipantHello 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?
Petko Aleksandrov
ParticipantMe too! When are you launching the 2 courses? ๐
Petko Aleksandrov
ParticipantHello all,
I want to ask if anyone uses M1 with EA Studio? What acceptance criteria and range for SL and TP?
Petko Aleksandrov
ParticipantYes, Petko is absolutely right. I saw many posts and articles that the Bitcoin is going to disappear, it will go bellow one dollar, bla bla..
I was keeping the trading method with the 99 EAs from the course, well yes the first half of 2019 was harder, always about 5-6 EAs on my live, but the recent month I had more EAs in the account and more profits. Obviously, where there are bigger movements we can make bigger profits, but that does not mean that during the other time we can not do it.
Petko Aleksandrov
ParticipantHey Petko, I am looking for the course!
Petko Aleksandrov
ParticipantAt the end of the day, I am happy being at the right place now, using the right tools ๐
Petko Aleksandrov
ParticipantAnyway, all the VPS services could be upgraded. So if you take a small plan, and you start placing MT platforms, and one moment you see you need more, just upgrade.
Petko Aleksandrov
ParticipantYou are very correct here, Van! This was the same with me at the beginning, I spent a few months trying to automate my strategies, and then I started to use the generator and make actually some profits ๐
Petko Aleksandrov
ParticipantHey Petko, the profits personally I do recently are because of you! What you teach in the courses is so useful, and I have a whole book now where I write notes, and I do my best to follow it all! Thank you for all!
Petko Aleksandrov
ParticipantHi Deniza,
Glad to hear that your friend quit. The best way is to stay away from these companies. Of course, there are people who enjoy working as “traders” for these companies ๐
June 28, 2019 at 8:32 am in reply to: How satisfied are you with the automated trading software EA Studio? #14777Petko Aleksandrov
ParticipantHaliffa is correct, if you learn FSB Pro first, EA Studio will be much easier. But if you are a beginner you better start with EA Studio. And yes, the programs really teach you to trade, because they will show you what are the profitable strategies. And you will find that many strategies that you were using manually are losing, or at least they need to be changed.
Petko Aleksandrov
ParticipantHey Haliffa, yes the Bitcoin did again fantastic moves, glad you did profits. Actually one of the courses that I will launch will be for the Bitcoin. This time it will be price action trading. The system is similar to the Professional Forex trading course but a bit modified for the Bitcoin and the Cryptos.
Cheers,
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