Engulfing Outside bar

[gaheitman]

i hav backtested smile89 1st simple EA and shell version EA. In tf hourly for the period 1/12 -21/12.
both the results r not same even i turn all option in shell version EA to false . i have doubt is the formula is correctly applied as per smile's method r am doing any mistake . i hav attached both the results.

The code in this post does not open multiple trades in both directions, since that was not my understanding of the system. I have updated the code offline, but since I can't test it, here it sits.

[vijayanscbe]

Thanks for the reply...
multiple position was the probs ...still the same probs with updated EA..
if u see my result which i post in previous post 1st trade was not correct..
am posting the marked screen shot...

[vijayanscbe]

I am posting 1st EA just to analyse the codes

[gaheitman]

Thanks for the reply...
multiple position was the probs ...still the same probs with updated EA..
if u see my result which i post in previous post 1st trade was not correct..
am posting the marked screen shot...

I don't see the issue. You are pointing to the 3:00 bar, not the 2:00 bar, and there was a valid trade on the 2:00 hour. At least that's what my old, tired eyes see.

[gaheitman]

I am posting 1st EA just to analyse the codes

I love the simplicity of this, btw.

[vijayanscbe]

I don't see the issue. You are pointing to the 3:00 bar, not the 2:00 bar, and there was a valid trade on the 2:00 hour. At least that's what my old, tired eyes see.

sorry my eyes had done a mistake

and the code i posted above is not mine i had taken from the FF smile's thread

[vijayanscbe]

I hav done lot of test only with SL,BE,MAX,MIN candle size and slight alteration with core formula n manage to get 123% profit in eurusd H1 tf with ........ 5.05%RR ...... period JAN2011-till date.........
still there is lot of parameter to play ....... TSL is not working if its fixed can get better result......

[vijayanscbe]

Gaheitman if time permits pls check the TSL issue........

By the way with revenge multiplier setting profit was 127.5%..............
RR drops to 2.34% (Holy grail ? jus kidding )

[garyfritz]

You used "Control Points" in your backtest, which as it says is a "very crude" way to backtest. I'm not sure about the timeframe in this system, but usually people say the low-modeling-quality backtests are not to be trusted. You might want to run a higher-quality backtest before you get too excited.

[vijayanscbe]

I hav tested many ea's in hourly tf with "very crude" way......... only this EA only had given such a low RR..... yes excited to see such smooth curve ...... that doesnt means am going take too much leverage in forward test and another thing EA which uses martingale multiplier will have HUGE RR ....... but here after applying martingale, RR drops thats a diff experience for me