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Hey Riuzk,
Glad to hear you get strategies already. Good job!
The Walk forward is a great tool, and it was improved a lot during the last months from the developers of EA Studio.
I have shared some of my methods in the courses:
Walk Forward optimization: Forex trading with Portfolio EAs
Algorithmic trading strategies: Top 10 USDCAD EAs
It will be great if others share their experience with it.
Cheers,
Yes, Pete, there was an update in the code of EA Studio. Now it works faster, and we expect it even faster.
Hello Simon,
it is pretty hard to use such an indicator because the news is different every day. Yes, some are at the same time, but they are not really in line…
You can find an online script that closes all trades at the same time. Also, you can disable the EAs from MetaTrader.
I have done that a lot before but recently I am at fully algorithmic trading.
The problem with the spikes is that the brokers do not execute the trades so quickly. This is one of the reasons why I prefer M15 chart.
Glad to hear that, Haliffa. It makes me happy to see that many students enrolled. This gives me such great energy every time to continue recording the next course… appreciate your words!
In most of the courses, I share my own methods. Of course, it does not really mean you have to do it 100% the same.
Try to experiment, test and see which one will work best for you. The most important thing to learn is always to try to improve your system.
A common mistake is that people test EAs with certain methods, and they leave the EAs and for months they just test them and wait. USE THIS TIME to improve your methods, use this time to look for a better way that you will start after the test is complete.
Every day I try o improve the strategies with EA Studio, with FSB pro with the statistics. It is all about that. We need to catch up on the market moves and we need to look always for the better method. But once again, the better method for me might not be the best for you. It depends really on the personality, the type of trader you are, your risk tolerance and so on…
Hello Michael,
Nice topic and question! I have been using EA Studio for even longer and I can say it is really not easy to follow the results. We create many EAs, and trade many assets, it is hard to keep it up.
What I personally do is to look at the long and the short term performance. In FXBlue I change the dates looking at the last quarter of the year and the last 2 weeks. If I follow the performance of EAs on Demo and live I want to know how they do in the longer term and at the same time how they go in the recent market. This method Petko shared with me in 1:1 class and it works for me.
So if I look at Profit Factor 1,2, I would like to use in my live the EAs on Demo that show 1,2 profit factor for the last 3 months and as well for the last 2 weeks.
Hello Traderaw19,
there is actually a topic where you can see what acceptance criteria the guys use. Might be useful to you:
https://community.algotradingspace.com/forums/topic/what-acceptence-criteria-do-you-guys-use/
And I just did not see prove along the years that the SL should be 3 times smaller than the TP… 🙂
One of the old trading rules says that your Take Profit should be 3 times bigger than the Stop Loss. After I tested 100s and even 1000s of strategies with EAs I realized that this is not the reality. I have so many profitable EAs where the SL is bigger than the TP.
Also, with EA Studio and the Experts, we test with precise statistics, something not available at manual trading at all.
Of course, there are strategies that work with SL smaller than the TP but not the majority.
And as I mentioned in some of the courses, if you ignore everything but think just about the price. When you open a trade and you place a SL smaller than the TP, you have a bigger chance of hitting the SL first. Higher possibility.
Hello Riuzk,
I understand your question. EA Studio taught me not to look for a smaller SL than the TP. This is an old trading rule that was never proved to me.
Anyway. if you want to have that, just put in the range for SL and TP when you are generating the EAs.
For example, place a range for the SL 10-15 and for TP 30-45.
Kind regards,
Dear traders,
I have updated the Price action trading course: Bitcoin and the Cryptos with a new section where I show how I sell the Bitcoin with this system.
Also, I have added a checklist to the course, which is very useful while you are trading.
Safe trading!
Nice to know that. I run Reactors all the time, but just click Start and leave it. These guys are amazing.
As far as I know, there are the Win/loss and Return/drawdown.
How should be risk/reward calculated? How much you are risking vs how much you profit. This means the loss (this is what we risk) vs the profit (this is what we benefit). If this is the case this is the win/loss or the profit factor which is the gross loss/gross profit.
