Profitable test results on Falcon and Condor, and forward testing looking good

[jstap]

@Julianrob You mean when the US market opens and closes, use pink blocks to expand or remove your SL, then set it back to where you want it.

[Julianrob]

Yes this is great jstap.

I am finding success with timing the trade exits, more so than relying just on stop losses. Particularly when it comes to trading multiple currency pairs in the account. I can monitor the equity swings closely and I'm recording when the equity highs occur to help refine the strategy

[TipsyWisdom]

@Julianrob said in Profitable test results on Falcon and Condor, and forward testing looking good:

Yes this is great jstap.

I am finding success with timing the trade exits, more so than relying just on stop losses. Particularly when it comes to trading multiple currency pairs in the account. I can monitor the equity swings closely and I'm recording when the equity highs occur to help refine the strategy

timed exits are phenomenal.

[Julianrob]

So HERE are some forward testing demo results for FALCON robot: The moment I've been waiting for. But I only have 2 days of trading results at the moment - It's not working the way I want it to, I've had problems with it not closing batches of trades at a particular time that it's supposed to. But this is nevertheless a glimpse into how the results might work moving forward, so far so good::

I will post more results as and when I get them, for now I really want to fix the batch trade close issue

[RGoo]

I find the strategy very interesting and promising because it is based on an event that is more than 50% likely, which means you can easily count on it. However, I don't exactly understand the approach to testing the EA in a forward strategy. A forward strategy can only be based on the events of the past, so what exactly makes a program in a forward strategy better? Is an assumed dynamic development taken into account here? So trends that change exponentially or what is the difference and especially the advantage, can someone help me?

[Julianrob]

@RGoo Forward testing simply means I'm running the robot on a demo account and waiting to see the actual results, as opposed to just backtesting. Forward testing is a much more accurate way to see if a robot is likely to be profitable because it's not so much based on a theoretical idea but a more realistic trading environment

[Julianrob]

@seb-0 Well now I've got a few days of actual forward testing data. So far it's looking alright and actually confirms the strategy. Let's see how we go

[roar]

@Julianrob dare to give your strategy a full week lol

[RGoo]

@Julianrob
I see, smart idea.

[Julianrob]

@roar One week forward test results. Too many trades to print so here's just the details. Ended the week up just under 1,045 pips. It's taken me a whole week to figure out how to get certain variables to modify themselves under special conditions. Work in progress

[seb 0]

@Julianrob
The equity curve is more representative of the account state than the balance one. It seems like you are on MT4? Can you display the equity curve? Also you should maybe avoid reposting every 2 days, maybe publish your signal somewhere, so everyone can see it live.

[Julianrob]

The equity curve can't be included on a statement only on a backtest. But no issue with equity. Yes I'd post less often but I'm answering roar

[roar]

@Julianrob good stats so far, for what it's worth. A Myfxbook tracker would be great, so we can see the equity curves.

[Julianrob]

@roar I know this robot, while it won't be perfect, will be capable of good consistent returns because I've manually researched a lot of history data and applied the principles to the charts to see. But I have to stop forward testing at the moment to fix critical errors in the program to do with variables not updating and it's not closing trades when it's supposed to. Jstap is helping me with this, I hope to resume forward testing soon, in the meantime the issues have affected the forward testing. As soon as it's running sweet again, I'll set up a Myfxbook for tracking

[joeDIAMONDS]

@roar please could you help look at this EA:
https://fxdreema.com/shared/sSjFAnyqc.
Could you please help on it, I want it to reset the the very beginning whenever TP is hit please.
Thank you very much sir

[Julianrob]

@joeDIAMONDS Try this - On tick tab, pink menu 'loop for trades/orders', 'for each closed trade', then attach to 'Check how it was closed' block and select TP

[bb 2]

Hows the Falcon robot going? be interested on seeing that stats

[teonilenders]

@bb-2 Yeah I'm interested too !
Hope he will reply lol

[line]

@Julianrob Thanks for posting these details. Good clarity and responsiveness.

[Julianrob]

@bb-2 I have to start again with stats because I had lots of troubles with trades not closing so I've gone to get help from jstap. I'll keep you posted in the new year