error in code submitted for ATC 07

 

Received following message from metaquotes:

The verification of your Expert Advisor is complete. Expert Advisor checking report:
-----------------------
2007.09.20 12:19 loading
ak_system on GBPJPY:60
12:20:03 2007.01.24 11:24 ak_system: stopped because of Stop Out ------ what does this mean
200 kb of log files (must be less than 64 000 kb)
0 min 18 seconds
Errors: 1


-----------------------

Correct the code of your Expert Advisor.

Kindly help so that i can modify mey EA and submit back.

Thanks in advance.

 
akbhaskar:

12:20:03 2007.01.24 11:24 ak_system: stopped because of Stop Out ------ what does this mean

At some point in simulated trade, your position was closed out due to loss retaining equity only less than 50% of required margin. (margin call)
Just make sure you put a stop loss so that your EA automatically closes the trade before the equity fell below that number.
 
You cannot keep your positions (amount of lots is too large and your margin is not enough).
 

thanks. Imodified my program and submitted. it is now accepted. and the results are as given below:

Automated Trading Championship 2007
Strategy Tester Report
ak_system1
MetaQuotes-Demo (Build 210)


Symbol GBPJPY (Great Britain Pound vs Japanese Yen)
Period 1 Hour (H1) 2007.01.02 00:00 - 2007.08.17 22:00 (2007.01.01 - 2007.08.20)
Model Every tick (the most precise method based on all available least timeframes)
Parameters MaximumRisk=0.05; MinLotSize=0.2; MaxLotSize=5; MaxOrders=3; TakeProfit=500; StopLoss=200; TrailingStop=80;
Bars in test 8122 Ticks modelled 1978510 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 161463.29 Gross profit 456186.23 Gross loss -294722.95
Profit factor 1.55 Expected payoff 334.99
Absolute drawdown 680.89 Maximal drawdown 68437.40 (60.43%) Relative drawdown 60.43% (68437.40)
Total trades 482 Short positions (won %) 197 (61.42%) Long positions (won %) 285 (42.81%)
Profit trades (% of total) 243 (50.41%) Loss trades (% of total) 239 (49.59%)
Largest profit trade 17844.71 loss trade -8707.01
Average profit trade 1877.31 loss trade -1233.15
Maximum consecutive wins (profit in money) 27 (141336.79) consecutive losses (loss in money) 24 (-7755.73)
Maximal consecutive profit (count of wins) 141336.79 (27) consecutive loss (count of losses) -28733.14 (6)
Average consecutive wins 6 consecutive losses 6

 
akbhaskar:

thanks. Imodified my program and submitted. it is now accepted. and the results are as given below:

Automated Trading Championship 2007
Strategy Tester Report
ak_system1
MetaQuotes-Demo (Build 210)


Symbol GBPJPY (Great Britain Pound vs Japanese Yen)
Period 1 Hour (H1) 2007.01.02 00:00 - 2007.08.17 22:00 (2007.01.01 - 2007.08.20)
Model Every tick (the most precise method based on all available least timeframes)
Parameters MaximumRisk=0.05; MinLotSize=0.2; MaxLotSize=5; MaxOrders=3; TakeProfit=500; StopLoss=200; TrailingStop=80;
Bars in test 8122 Ticks modelled 1978510 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 161463.29 Gross profit 456186.23 Gross loss -294722.95
Profit factor 1.55 Expected payoff 334.99
Absolute drawdown 680.89 Maximal drawdown 68437.40 (60.43%) Relative drawdown 60.43% (68437.40)
Total trades 482 Short positions (won %) 197 (61.42%) Long positions (won %) 285 (42.81%)
Profit trades (% of total) 243 (50.41%) Loss trades (% of total) 239 (49.59%)
Largest profit trade 17844.71 loss trade -8707.01
Average profit trade 1877.31 loss trade -1233.15
Maximum consecutive wins (profit in money) 27 (141336.79) consecutive losses (loss in money) 24 (-7755.73)
Maximal consecutive profit (count of wins) 141336.79 (27) consecutive loss (count of losses) -28733.14 (6)
Average consecutive wins 6 consecutive losses 6


akbhaskar ,

Fantastic results. Wish you good luck in the contest.

-Arun

 
Thanks Arun.