Different results between strategy tester results and live trading results for an EA. Can anybody tell why?
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Hi friends. I found an EA for trading on Renko Charts and it looks very promising on the strategy tester, but when i tested it with a live account, it wasn't profitable and I wonder how. I'll attach the EA and you test it yourselves. And I would appreciate it if you could tell me the reason why it has different results on Strategy tester and live account trading.
Did you calibrated it? (you have to calibrate the EA for your chosen pair/timeframe before start using it on live account)
Did you calibrated it?
What do you mean by calibrating it? I don't know how to calibrate an EA
Folow the guide below.
Once you get used to it, it is easy to do.
https://www.metatrader5.com/en/terminal/help/algotrading/testing
And I recommend you run the calibration every weekend or so (because the market changes and you need to have it always "tunned" [calibrated] so you can always get good results.
- www.metatrader5.com
Folow the guide below.
Once you get used to it, it is easy to do.
https://www.metatrader5.com/en/terminal/help/algotrading/testing
And I recommend you run the calibration every weekend or so (because the market changes and you need to have it always "tunned" [calibrated] so you can always get good results.
Thanks. I opened the link but didn't find anything about calibration. I even searched the word on the page but did find no match.
Find the section "Choosing Test Parameters" on that page.
After it, "Selection of Input Parameters"
To calibrate means to input a range of parameter under Start, Step and Stop, and then start the the Testing by clicking Start (as the picture there)
It will run the EA and test the full range of parameters, wait for it to finish.
After it you will receive a report, and a table of results. On that table will be the best and the worse parameters (Sort the table using the Profit Column) Find the top best parameter. Make note of it's values, they are the calibrated values. Configure your EA with those parameter, and you have done the calibration.
Find the section "Choosing Test Parameters" on that page.
After it, "Selection of Input Parameters"
To calibrate means to input a range of parameter under Start, Step and Stop, and then start the the Testing by clicking Start (as the picture there)
It will run the EA and test the full range of parameters, wait for it to finish.
After it you will receive a report, and a table of results. On that table will be the best and the worse parameters (Sort the table using the Profit Column) Find the top best parameter. Make note of it's values, they are the calibrated values. Configure your EA with those parameter, and you have done the calibration.
You've also got a lot of Mismatched Chart Errors meaning the data you're testing off is incomplete
Another consideration is the spread, you strategy may work well in tester using 10 spread, but live it widens at various times during the day, this can drastically change the outcome, especially with tight Stop-losses
Also Slippage, you may have a Stop loss at say 1.21000, but the price isn't continuous, it could hit 1.20999 and then the next tick be on 1.21023 (loosing an extra 23 pips of what strategy tester would return)
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