Hi allniepce wrote:I would like to add an extremely important thing : This EA (0.25 or 0.28) is just a beta for debugging the code.
The EA current default settings are just an empty egg.
They do not reflect Phil's thoroughly backtested millimetric settings and strategy.
These are _yet_ to be provided ! Isn't it Phil
It's not really an empty egg.
These are theorical params that should be ok. But each pairs and depending of each broker, these params could be improved by a statistical 4 years calculation.
the trade provided in previous post http://www.stevehopwoodforex.com/phpBB3 ... &start=110 were made with similar params !
The main concern with optimised params is :please find one month live test result from an Alpari account, with basics parameters not optimised, and all pairs :
Balance : 5000$
Close P/L = - 1009 $ ( bad trades )
Floating P/L = +3727 $
+55%/month
- avoiding curve fitting
- there are broker dependant (cause MACD ans STOCH are very different on ALPARI/MIG/GPF on my test )
In Forextester, I can test 16 base pairs. 5 return good result from 2009 to 2013. Most important, optimisation was done from 2011 to 2012, and live forward test are sill ok from 01/2013 to 02/2013. so the approch is OK.
I'm working with TickHistory to import other pairs in FT, so I will be able to do others tests.
but, every body has to do his own statistical calculation ( some month it's enough ) with its own broker and be very carefull to have good M1 data.
Main params are :
DeltaPipsMA25 -> allow trade with a max inverse delta pips trend on MA25. 0 is conservative and >0 is more agressive
StochLevelMaxToTrade -> about 70 is ok
StochOBOSToMoveSL -> when to move SL on OpenPrice -> about 85/90
with
DeltaPipsMoveSLOnStoch -> Minimum delta pips to allow move SL on OpenPrice -> between 50 /250 pips
DeltaPipsInterMacdToClose -> 0/10
MACDMiniLevelToTrade -> 0.0000 to 0.0020
so you have to do a little homework ! Hope it's help and my frooglish don't add confusion
Any comments are welcome !