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No, there is such an option and explained to you why. There is no sense having such an option with OFF and ON.
The idea of the strategy builder is that you can export an unlimited number of EAs. Which means that if you want to make an indicator ”OFF”, you can just remove it from FSB Pro, and export the new strategy.
Hello Jay-R,
Glad to hear from you.
1. Yes, when you export the EAs, you get the code. After that, you need to compile the file.
2. I am not a person who likes to criticise or give bad feedback to products. Everyone places some efforts in something, so I really do not like to give bad feedback to anything. I have tested most of them and these 2 are best for me and have many features that others are missing.
3. For example, Strategy Quant does not have this visual editor that builds a logical strategy, Its generator finds strategies randomly. It could give you entry rule, for example, RSI*MACD/Stochastics or something like that. It just finds such combinations but it has no logic as a trading strategy.
4. The best thing is to test a Demo and Live account and see if they have similar data. You can do that by backtesting one and the same Expert Advisor. If you generate, for example, one EA in EA Studio and import data from the Live and the Demo account. Just switch between the two data sources and see if the backtest is similar.
Anyway, you should be looking for similar data in the Live account and the Demo account. Anyway using Demo account would be useless and lost time.
Of course, you can spend some time testing other software like Strategy Quant or any other. I have tested the and saw that EA Studio and FSB Pro so far are top products.
Hey Jay-R,
You are very welcome to ask any questions. I just do not have the physical time to answer all in time but I do my best to answer within 12 hours.
The 65k is limit from the MetaTrader when you first install the platform. You can remove it. Go to tools – options – charts. Enter 999999999999 to the two boxes available.
After that press the home key again.
When you remove this limitation you will be able to collect more bars. Until you collect it you can use more the M15 and H1 time frames.
I collect data from FSB Pro using the csv files. But with EA Studio I just export the data every time from MetaTrader where it actually saves.
By the way, you can save the data from your Meta Trader as well. You can go to File – Open data Folder – history and select your broker’s server. Copy those hst files. You can do this every one month or two, to make sure you will not lose it.
After that, you can use the scripts to export the data. This way you will be keeping the Historical data in Meta Trader.
Yes, I am planning to update the course. The videos are actually published in the EA Studio Updates topic here in the Forum.
The alternative of max ambiguous bars is the backtest quality in %.
Yes, the acceptance criteria are divided which improved a lot the software. If you use the OOS function, you can filter with acceptance criteria the In Sample part and the Out of Sample parts. This way you will have strategies that are just profitable at the end 🙂
Basically you can eliminate the strategies that are losing in the Out of Sample. It is a great method by the way. You can learn more about it in this video:
Glad to hear that my courses and the Academy helped you improve your trading and life. That is all I aimed from the beginning…
Hello Code D,
Glad to hear from you. Yes, many students ask us daily and send us mails to ask for trustful Forex brokers. So far I have been avoiding that but I think really do add it in the near future. It is in our plan and still considering how exactly to do it and which brokers to place.
Why I avoided so far to place trustful Forex brokers?
- if I find out that some brokers are good for me it does not necessury mean they will be good for the others
- if one broker is trustful till now it can change at any future moment
- the different brokers have regulations in the different regions
anyway, I do believe it will be more useful to very beginners because we will help them with the choice and definitely keep them away from the scam brokers.
It is in our plan so probably it will be on the website till the end of the year.
Hello Gianluca,
Glad to hear you like the courses. The Gold course I will be updating at the end of the month. Actually, at the end of each quarter, I update all the courses with Expert Advisors. In the other months, I review them and update if it is needed.
Hello Mehreen,
why would you include an indicator in your strategy and then select OFF? I do not see a reason why there should be such an option at all.
When you backtest trading strategy you use all the indicators included. If you disable any off them, you will be changing the strategy performance. It will give you a different result. If you do not want to use an indicator in one strategy just do not include it. It really does not make sense to include indicators into a strategy and then to disable them.
If you want to backtest trading strategy with or without any indicator just make 2 Expert Advisors and compare them. This will be even better. If you switch ON and OFF indicators from a strategy you will never understand is that a profitable strategy or not. Your statistics will not be precise.
Hey Petko,
I am the perfect example of what you described. 🙂
If you remember when I first met you and we had the 1:1 class I told you my story. Here it is for the others:
I was trading professionally with a couple of strategies. I can say 3 that were bringing my profits(not so constantly) but it was enough to cover the monthly expenses. Backtesting Forex strategies manually is nearly impossible as Petko says. It takes so so so much time. I was staying around 12 hours every day in front of the screens and at one moment I realized it is useless to do it because I do not have a life… this is why I started looking for algorithmic trading without programming and I found Forex Academy and Petko’s courses.
I tried as well hiring a person with some basic knowledge but saw that he will need long long time to do the trading for me… so do not waste time and money with that.
Now my life is totally different. I use the Expert Advisors from EA Studio. I spent about 2-3 hours a day to generate new strategies, place on demo and manage a Demo and 2 live accounts. Backtesting Forex strategies with EA Studio and FSB Pro is just a pleasure compared to do it manually. And it is precise! I have a lot of time for everything else…started a second business of my own with paintings..
Hello Petko!
The huge problem with the Scam brokers is that they keep working even everyone knows about them. I have read so many articles but still, they go…why? No one to stop them or they just pay a lot to the higher levels…
I think it would be very useful if you make a list with trustful Forex brokers and place on the website. I know you do not want to recommend brokers but it won’t be a recommendation. Just help for the beginners, what do you think?
I have been trading the Dax and Dow Jones for more than 6 months and I am quite satisfied with the results from the EAs I generated with EA Studio. Even the commission with my broker is smaller than the currency pairs.
Hello Mehreen,
just give it a try and you will see it is not hard to build a strategy or Expert Advisor with FSB Pro. Not all. I have been using it now for two years and since the beginning, I have no issues with it(even I have zero IT skills).
So how you can do it:
just add the indicators you want to use for the strategy, set the parameters and the rules.
When you are ready, go to the small yellow button with a hat and export the strategy as Expert Advisor:
you really need Zero programming to use FSB Pro.
Regards,
Hello Mehreen,
welcome to the Forum. What you are showing is inputs of Expert Advisors. This is when you have the ready Expert and you click on its inputs in MetaTrader. After it is ready and attached to the chart.
With FSB Pro you can build Expert Advisors. Basically, from these pictures we can see the indicators used but not the rules. If you took these pictures from somewhere online it will be hard for you to build the Experts because you do not have the rules for each indicator. I hope you understand what I mean. If not, let me know and I will try to explain it in more details.
Hello traders,
I hope everyone is doing well! Many of you asked me for more details about the formula and how I calculated the lots.
This is why I decided to add a piece of a document attached as a resource file to the lecture for the Never Losing Formula.
I have updated the courses:
Bitcoin Trading Robot – Cryptocurrency never losing formula
Bitcoin trading course – Cryptocurrency never losing formula
Cryptocurrency algorithmic trading – the revolution
Just get a piece of a paper, pen, and a calculator, follow the instructions and you will see that it is not that hard.
If you do not want to do it, just use the ready lots and calculations. 🙂
Safe trading!
Petko A
Glad to hear that, Mery. Do not hesitate to experiment on Demo account. You can do it all there without risk.
