[Ilan Vardy]

Hi Wayfarer,

You can use the Validator in EA Studio. Simply load your Portfolio EA, remove all Acceptance Criteria, Robustness and Optimizer Tools, and hit the Start button. All of the strategies in the Portfolio  EA will load into the Collection. From there, delete the strategies you no longer want to use. Then, you can create a new Portfolio EA from the Collection of strategies that remain. Just remember to empty your collection beforehand if you have any strategies in it. You can also change the date range in Data Horizon, and select performance filters to check which strategies performed best during a certain time period.

To maintain risk diversity, as you say, you need multiple assets, preferably in the same quantity. If one asset performs better than the others, simply select fewer of the better performing asset. For example, if you have 4 EURUSD EAs that are performing well but only 2 EURJPY and 2 EURGBP, check which of the 4 EURUSD performed the best, and select the top 2, so you have 2 EAs in each of the assets. Petko and I are releasing a course in the next few days that addresses this in detail. We will show you the process I follow, and it will include the spreadsheet that I use, as a downloadable resource to make managing your EAs much easier.

Your third question really comes down to personal choice. Obviously, if an EA is in a draw down period due to market conditions, you should remove it. Again, this is discussed in detail in the upcoming course. Personally, on my accounts, if an EA has not reached a profit factor of 1.4 and at least 3 trades for a period of 7 days AND 30 days, I do not use it in my live trading account. Because the EAs that are currently on my live account all come from my demo accounts, I only monitor and analyze my demo accounts. Once I have selected the EAs I will be copying from my demo accounts to my live account, I delete all of the EAs on my live account, whether they performed well or not, and copy the selected EAs from my demo account to my live account, and ‘restart’ my live trading. I do this weekly.

Again, this is just the system that I currently use. It’s what I have found works well for me and the criteria I need to be comfortable. We are always testing new ideas and trading systems. But, risk diversification is vital, and you should always try to keep a balanced portfolio. The profits may be less if one particular asset does very well for a period, but it also (and in my opinion more importantly) lessens the risk.

 

Cheers,

 

Ilan

 

[Ilan Vardy]

Hi Wayfarer,

 

Once you have exported (downloaded) your Portfolio EA, copy it from the downloads location. Then on your platform, open the Data folder from the File menu, navigate to MQL4/Experts and paste it in the folder. Close the folder, then right click on Expert Advisors in the Navigator window, and once it complies, enable Auto Trading on your platform, and drag the Portfolio EA onto your chart. Make any changes you want to – lot size,  base numbr, etc. and you should be good to go.

 

You can remove the EA that is not performing well by loading the Portfolio EA into the Validator in EA Studio, loading the strategies and deleting any that you no longer want to use. Then repeat the process of attaching it to your chart.

 

Have a look at the user guides below

https://platform.algotradingspace.com/guides/expert-advisor-studio/portfolio-expert-advisor/

https://platform.algotradingspace.com/guides/expert-advisor-studio/portfolio-summary/

https://platform.algotradingspace.com/guides/expert-advisor-studio/portfolio-content/

https://platform.algotradingspace.com/guides/expert-advisor-studio/portfolio-experts-in-ea-studio/

 

Thanks,

 

Ilan

 

[Ilan Vardy]

Hi fraclehe,

 

This is interesting, however the image doesn’t necessarily show the whole picture. In some or many of the trades, the trade may have moved into SL territory beyond the 60 pips, before turning and eventually closing at a TP up to the 60 pips. If you were to set SL at 60 pips, some of the trades that finished in profit, may have closed before they got the chance to correct. Remember, the EAs are based on historical data, and are executed according to current market conditions, which can change very quickly, especially in major news events. But as mentioned, it is an interesting observation, and probably worth exploring on a demo account. Maybe run 2 demo accounts – one with the EAs as they are and one where you set the SL for all of the EAs at 60 pips, and compare the results.

Let us know.

 

Cheers,

 

Ilan V

 

 

[Ilan Vardy]

Great! Good luck with the generating and testing of your EAs

[Ilan Vardy]

You’re welcome, I hope your issue is resolved and you’re able to continue generating and testing EAs

[Ilan Vardy]

Hi Kamil,

 

It sounds like your internet browser has been set to automatically open .mq4/5 files after you’ve downloaded them, rather than saving them in a folder to open or edit (copy, paste, etc.) later

 

Two Solutions here:

1. You need to change the browser from opening them automatically. I’m not sure which browser you are using, so I would suggest you Google: “how to stop programs opening automatically when downloaded with X”. Replace X with your browser name.

2. Even though the files are opening, they are downloading somewhere first – maybe into a temp folder or a downloads folder, depending how you’ve set up your browser and operating system. Try to locate that folder by checking your browser settings, or do a search through the search bar in Explorer if you know the name of the EA. E.g: EA Studio EURUSD H1 52223319.mq4

 

Ilan

 

P.S – it usually takes one of the forum members or moderators longer than 3 minutes to respond.

[Ilan Vardy]

Hi Petko,

Sorry, I must have missed this in my inbox.

Thanks for the reply – I’ll have a look at the charts asap and see where we are now. I haven’t yet opened any trades. I wanted to do the course again to make sure I understand everything correctly, practice some more, and also to decide which crypto to invest in.

 

Thanks,

Ilan

[Ilan Vardy]

Hi Petko,

 

Thanks so much.

How have you found the performance of the GBPUSD M1 EA (20011201) in the Top 5 EAs since the beginning of the month? On my demo platform (JFD) it is running at at a profit factor of 0.68, with 19 trades opened and closed. In your experience, do you feel it will improve in current market conditions?

The new EURGBP EA you provided is performing perfectly. So far, 100% wins – thanks so much for that!

 

Thanks,

 

Ilan

[Ilan Vardy]

Thanks Petko,

 

I set that up about 2 weeks ago. I’ll have a look at the charts again and see if the lower highs are more definitive.

 

Ilan

[Ilan Vardy]

Hi Petko / Desi,

 

Can you please see my question with image above and let me know if I am understanding correctly?

 

Thanks,

 

Ilan

[Ilan Vardy]

Thank you very much

[Ilan Vardy]

Hi Petko,

 

Thanks very much. Really very much appreciated.

 

I assume the EAs that were not updated – USDCAD, AUDUSD, Top 5, XAUUSD, USDJPY are all still performing well?

 

Regards,

 

Ilan

[Ilan Vardy]

Hi Petko,

 

When you will be releasing the July EAs for the various courses?

 

Regards,

 

Ilan

[Ilan Vardy]

Thanks Petko, and Andi. I appreciate the feedback

[Ilan Vardy]

[Author]

Posts