5000 to 50 000 EA - 10 year backtest results

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my latest ea, still in beta mode, working with a difficult currency, here are some results:

check out my website:http://sites.google.com/site/dmweadev/


 

Your drawdown is huge (~50%) and yet you logged no losses...this means you must be running without stoploss and your MAE's have got to be silly large. Forward testing results on a system like this will most assuredly produce disastrous results.

 
Hahaha! Un-realistic! Let the Ice-Cold Blue Blood flow through your veins, you gonna need it to avoid strokes. As long as this one stays in the strategy tester, you should be just fine.
 
ubzen:
Hahaha! Un-realistic! Let the Ice-Cold Blue Blood flow through your veins, you gonna need it to avoid strokes. As long as this one stays in the strategy tester, you should be just fine.

Ive been working on the ea for nearly a year, perhaps Im very close to a EA that does not make mistakes when it decides to trade, therefore every trade is a winner making stoploss redundant .......think about it ....

btw, there is a stoploss, 1000 pips - just in case - lol

 

"Many brilliant people have fallen victim to poor money management.

One of the most well-known is Victor Niederhoffer. Another is Long-Term Capital Management.

To see why, consider the other side of the six-sigma event. There also is a one-in-75 chance that our $100 will become $482.68.

It’s easy to see how even brilliant minds can become drunk on leverage, confusing variance for genius."

Source: Money management: Understanding the game

 

Money Management: what a noble concept. In my opinion, it should have been called Suicidal Suppressor. Everyone on the blackjack table thinks the house has only a 0.5% edge and therefore if they bet flat bet $5 per hand, this should cost them no more than $2.50 cents per hour for a fun-night at the casino. But when they get in, no one flat-bets or follow basic strategy religiously.

 

IMHO:If this system creator changed the lot size during the growth, he more than likely have blown up the account. What toke me some time to realize about money-management: it's not the magical wand that's gonna bring in the $$. Your system is. It's the 300 pounds of triple reinforced, lava heated chains you self-impose unto your body to stop you from killing yourself. IMHE: This is just how MM feels when you think you cannot lose.

 

I presented a similar system with the unhappy ending, take a look https://forum.mql4.com/32971, I hope you don't get the same ending !


Remember : it is not about how long it lasts, some systems did well for tens of years then, crashed, I think what is most important is your approache to loss. You don't expect this system to keep winning do you ???

 
Another good question : How much would this system loose when it does loose ? (because loss happens)
 
badi:
Another good question : How much would this system loose when it does loose ? (because loss happens)

I have a strategy that returns %100 accuracy over 10 years as well. It takes 30 pips a month, with a stoploss of 800 pips.However, it is a disaster waiting to happen, it's not really a feasable trading strategy as it relies simply on having a massive stoploss and when it hits, it hits hard.

 
buju:


ok, got the draw down from 54% to 37%

Ive started to run this on my live account - basically a small test account ....also using this on another currency pair

check out my website:http://sites.google.com/site/dmweadev/









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