[Petko Aleksandrov]

Hello guys,

I think that is quite normal to see different number of strategies because these are different markets.

Jay – R, on your Historical data:

Historical data:
Source of data: Metatrader-Demo
Timeframe: M15
Testing period: More or less ending date is at 10/25/19
Bars: 100,000

 

You can increase the 100k bars:

Go to Data – Data Horizon – Maximum data bars.

You can increase the number from there. I normally keep it at 200k.

And with this data, you will get about 125k for M15. So you are just missing those 25k now.

Kind regards,

[Petko Aleksandrov]

Hello Jay-R,

You started a great topic here!

But it would be even more useful to the others and for you, if you share, for example, which currency pair exactly showed to you more strategies. This way the others will give it a try as well, and they will give you feedback.

That is my idea of the forum…a place where traders can share actual results from EAs, the generator, the reactor, and others to test it, feedback, test again…this way everyone will improve faster!!

Good job!

Kind regards,
Petko A

[Petko Aleksandrov]

Hey Jay_r,

I think you are doing great first steps in algorithmic trading, and you pay attention to the details which matter the most!

It is not a bad idea to collect data from many brokers, or even just 1-2 extra, just in case something happens to your broker, you have where to switch with collected data…

Kind regards,
Petko A

[Petko Aleksandrov]

Hey Jay-R,

Actually that was Andi asking you 🙂

I honestly can not say why the time frames were changed…never happend to me, and so far no one shared such an issue. I am not sure if you turn to the broker or the Meta Quote (the guys who developed MT) that they will have an idea about it…could be just a bug. There are few in MT actually.

[Petko Aleksandrov]

Hello Jay-R,

Glad to hear from you. Sorry for being late with the answers, but I have been quite busy recently. However, I do my best to answer every single question in the forum. If I miss to answer any, ask me again 🙂

1. Yes, I recently I use it on all time frames,

2. The script exports the information about the commission, but if you ask what you write, year, enter the value for the opening and the closing.

3. Yes, regarding the SL, I prefer the fixed SL because I think it gives better stats for the strategy itself. When it is trailing, the outcome is different every time. And I do not say trailing SL is bad, I just do not use it.

Cheers,

[Petko Aleksandrov]

I had the very same question to Petko during one of the 1:1 sessions with him( I did a couple and they were all very useful).

One of the ways is exactly what you said – import the data from the other broker and check if the equity line is similar or not. It you see totally different results, you can really do a lot. If you optimize it, there is a risk of over-optimization.

If you want to take average values for the parameters (what Petko did) you need to switch between the different data sources, optimize with round numbers and acceptance criteria, and take the average values.

Let’s say the SL with one of the brokers is 80, with the other is 70, and with the third is 40. You will take average SL of 66. 

That is a lot of work that I tried as well, and I figured out that I really do not need to do it for myself because I use just 2 different brokers, and I generate separate EAs for each one.

Petko does that because he provides many EAs in his courses, and he aims at providing EAs that are suitable for everyone (even that is quite impossible according to him). However, I am very impressed that he does it anyway.

 

 

[Petko Aleksandrov]

Hello Jay-R,

I prefer to use all the Historical data I have. I am a believer that the more that we have, the more count of trades we will have in the generated strategies, which means more robust strategies.

However, you can do this with FSB Pro. The Historical data there is saved as CSV and you can open it in Excel. From there you can delete the desired period.

Regards,

 

[Petko Aleksandrov]

Hello Jay-R,

for certainty, you see different results because the Historical data of each asset is different. The behavior of the price is different so it forms the different Historical data.

what you say is quite interesting… It is correct that the most strategies we see, the more this asset is suitable for the strategies generated by EA Studio. Simply, its Historical data shows and proves that.

[Petko Aleksandrov]

Hey Jay-R,

First, I have edited a bit of your post, because we prefer not to promote different brands and brokers here.

Well, I do not know if they will keep the Metatrader-Demo data that is available now, or it will be replaced with the new one. I am not sure when this will happen, as well. However, use what you have now and manage it later. But do not hurry with a live account, make sure to practice more on Demo.

Regarding more instruments, I think with the new source there will be more instruments. But currently, these ten are fixed, and as far as I know, they use EA to export the data for these instruments automatically.

If you want to trade some other assets, you would need to use the Home key thing and get the data from the broker.

Cheers,

Petko A

[Petko Aleksandrov]

Hey Simon,

I liked your post, it’s describing what I went through already.

What you say ”invest in EA Studio, invest in Petko’s education, learn all the different ways it can be used, and in time the profits will come” is exactly what I did two years ago, and the profits came.

The bad thing is that I lose four years before that in manual trading…but that’s life!

However, I am quite interested in what are your acceptance criteria, so you get up to 10 strategies for 24 hours. I usually run the Reactor for 10 hours and end up with about 30-50 strategies. Then it is hard for me to remove some because they are all good, so I guess if I have less, it would be more comfortable.

Thanks!

[Petko Aleksandrov]

Hey Jay-R,

It never happened to me honestly. And why did your VPS rebooted? You did it as a restart or not? If it happens often that might cause you issues with the EAs.

Regards,

[Petko Aleksandrov]

Hey Jay-R,

Excellent questions here!

A. Yes, recently, I use fewer trades because with the time I noticed that if we keep the EA longer on the Demo, and we wait to see the profits there, basically, we are leaving the profits in the Demo account. As I explain in most of the courses, every strategy has profitable phases and losing phases. So if you catch the profitable phase in the Demo account, the longer you keep the EA there, the closer you are getting to the losing period.

So if you keep it too long in the Demo account, you increase the risk to hit some losses when you move it to the live account.

B. Not sure which course you are talking about here? When you export the Historical data with the script, it exports the commission by itself.

Now, some brokers, for some of the assets they have commission only in one direction (when you buy). I show that in the last course, the Stock market course + 10 Dow Jones EAs market.

If you look at lecture 4, you will see that with AAPL, I have commission when opening the trade and when closing, while with Dow Jones, I have just when opening the trade.

I hope that makes it all more transparent, but do not follow me like in 100%, try to experiment, see how it all works best for you. This way, you will find your style in trading.

Kind regards,

Petko A

 

[Petko Aleksandrov]

Hello Simon,

the number of trades depends really on the EA itself. Usually, the more entry conditions you have, the fewer trades you will see.

I am not sure if I get your next questions, but when I track the performance of the EAs, I look at the last 2 weeks and the last 1 month. So I want my EAs to be still profitable in the shorter and in the longer term.

I would not use more than 300k bars for M1 and more than 150k on M15, and more than 50k on H1.

Kind regards,

[Petko Aleksandrov]

Hello Simon,

well, personally I do not have such issues except my baby boy walking around and pulling out some cables 🙂

But you are right, if there are power-cuts all the time, this might affect the trading.

Yes, most of the machines where I do trading, I use them to generate new strategies. Actually I would be starting today with the updates of the courses.

[Petko Aleksandrov]

Hey Simon,

Glad to hear back from you.

How normally I proceed with the minimum count of trades:

1. When I generate EAs for the first time for asset and time frame, I start from higher to lower number. For example, I place 1000, and if I see there are no generated strategies, I lower it to 900, and I keep doing this until I see the first strategies showing.

2. To the assets and the time frames that I generate new strategies every month, I add another 20 because there is new Historical data added.

Regarding the risk-diversification you can so many things:

• trading different assets
• different time frames
• different acceptance when you run the reactor
• different robustness tests
• portfolio Experts and regular Experts
• different methods to filter the strategies in the Demo account
• different approach to move the EAs from demo to live and the other way around

and these are just the ones that come to mind at the moment.

Every different approach that you take in the complete process is risk-diversification.

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