Do these results look good or should the equity curve be more steady?

[lrswatson]

This seems positive at first glance but i'm not an expert. can anyone offer any advice?

[lrswatson]

[lrswatson]

[AlphaOmega]

@lrswatson Sorry brother... not good... also better history back test .. like 99% and up..

[bagheria]

@lrswatson Not good, sorry. Your Profit Factor at 1.60 is not very good. It is correct. With 198 trades, 1808 $ of profits is not good at all. DD too high regarding the number of trades and the net profits. The curve is not fine.
And AlphaOmega have right, you need to have almost 90% (history back up to download with M1 tf)
Sorry...

[lrswatson]

@bagheria no need to apologize! My first time trying this! Onwards and upwards.

[bagheria]

@lrswatson Creating EA is not so hard (thanks to fxdreema) but find an excellent trading technic is a very long way

[lrswatson]

@bagheria what do you think is an acceptable profit factor?

[bagheria]

@lrswatson The profit factor is not the only main thing to judge. You need to couple this with Drawdown, % profit trades, number of trades, net profit... So you can have a PF of 1.60 and an excellent EA or a PF of 3.00 and a very dangerous (and not good) EA.... there is no truth

[lrswatson]

Thanks for the help!

[lrswatson]

@alphaomega Thanks

[AlphaOmega]

Here is an example over 2 years at least on EURUSD:

[l'andorrà]

@alphaomega Will you share that EA, please?

[AlphaOmega]

@l-andorrà My friend, It is not ready yet... still have a few twitches. Why you want me to share it, is there a problem? Wish Roar will bring back that tutorial on how to optimize.

[lrswatson]

That's incredible @AlphaOmega . Very inspirational. My dream is to be as good as you!

[lrswatson]

[lrswatson]

[lrswatson]

What about this guys? Any better?!