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Hey Ossaio,
Good topic here, I am sure it will be useful for many of the traders. The ambiguous bars were renamed to Minimum Backtest Quality. Keep it somewhere at 98-99.
Kind regards,
Hello Gowiso,
Glad to hear you in the forum. Bob gave you a great answer, cheers, Bob!
Yes, the different EAs you should trade with different Magic Numbers so you can follow their performance.
If you open different charts with one EA, when the entry conditions are there it will open trades on all charts. So if you selected to trade with 0.01, you will have 5 positions with 0.01. This would be useful if you take your profits on different levels, anyway it is useless.
Let me know if there is something else.
Cheers,
Thanks, Petko for all the updates! I did not expect them so early, I have placed it all this morning! Cheers,
I have not done that, but it is so logical 🙂 I will give it a try and see if I can improve the EA Studio strategies with FSB Pro. Thanks, Petko!
Hey Petko, the courses are great man! I enjoy every new course you launch, and I always learn something new. But, yes they are many now, even sometimes I go over some of the courses, to make sure that I do not forget something in my daily trading.
Hey Gowiso,
You are welcome, here we are happy to share the experience because this way better results come for everyone.
If you want to start with 500 USD I would suggest you to go for 0.01 lot and max with 10 EAs.
Now, once the EAs are on live, you should monitor their performance and have a different filter there. For example, I keep looking at the last 10 trade for Profit Factor 1.2, and just recently I added the R – squared above 60. So if it falls below that, I remove the EA from the live back to Demo for further tests.
So in the live account, you should keep only the EAs that profit.
The question is the number of assets traded. I do believe in the diversification that Petko teaches because even we have many EAs with 0.01 on one asset it still might have a risk when there a huge move with this currency pair.
Hello Owiso,
Welcome to the forum! You have two options here.
1. You can test the EAs that Petko provides and you can select the EAs that perform well with your broker.
2. You can optimize the EAs with EA Studio according to your historical data. This brings the risk of over-optimization.
Actually, the best is to generate your own Expert Advisors with EA Studio, following the steps from Petko.
Regarding the testing, it is up to you how long to test the EAs…. I wait for 10 trades and 150 pips profit.
As said I tested the OOS, and it worked just really great for me. The strategies are stable, they pass the robustness tests, and now I am on a nice profit on the Demo account, so I am sure that most of the EAs will go to my live trading portfolio.
Thanks, Petko! You really improve the systems and share with us! You are the man!
I do keep trading with the smallest lot too. When I succeed to generate new EA and it goes over the Demo, I just add it to the portfolio. It is indeed the easier system, Violet.
Looking for the Walk forward explanations, Petko. I am not using it till now, and I am sure if it is in EA Studio, it is important.
Hey Violet,
I am working on it, and I hope that I will be able to launch it before the end of the month. I have placed a bit more advanced techniques and explanations about the robustness because it is really really important.
Will let you know once it is ready.
Cheers!
