Creation of virtual balance withdrawal for backtests.
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Hello friends, I notice that many times in the backtest the balance we put in the metatrader to perform the tests is doubled or tripled.
For example:
See in the picture, 1500 is the value that I put to test.
But in the backtest this figure has already been exceeded, being 3587.
In other words, the amount that I would have placed to carry out negotiations has already been made and doubled, I could have withdrawn this investment balance and be working only with the profit from the operations.
What I wanted to know is how to create the following:
Display information on the screen where at the end of the test even though at the end of the test it ends as the EA losing everything I earn, it shows:
The initial balance
The average daily gain
The weekly gain
The monthly gain
The annual gainHaving this if the backtest ends I will have the information on the chart showing that even though my EA showing that I was a loser in the end, it will show me how all the trades progressed.
Can you help me?
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@ontrade I'm not completely sure that is possible for MT5 (as I see in your screenshot) You can certainly find some of tha infor when using MT4 with these options here:
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I'd say withdrawing the lucky wins before account is destroyed will not lead to anything... You will only surrender the most effective tool of investing, compound interest.
Anyway, here is the mql5 function to simulate withdrawals:
https://www.mql5.com/en/docs/common/testerwithdrawal -
@roar How could I use this in fxdreema? do I have to use a specific block and put this code? can you give me an example?
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@l-andorrà i will find this option on the mt5 fxdreema
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@ontrade put it in custom mql code block.
For example, if you want to withdraw 500 usd, put
TesterWithdrawal(500) -
What?? Even the withdrawal can be simulate??
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@biztet yes, thats what you asked for, right?
https://fxdreema.com/shared/PEBxB2rgb
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@biztet oh sorry, didnt notice lol
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@biztet In fact, many scammers will love to put this as proof that the robot is a winner, unfortunate to say but this is the truth.
I'm glad I'm not one of these scammers ehheeh -
Really @Ontrade ?
I never thought of doing an optimized backtest until we can also plan like withdrawing profits. Good luck with your project. -
@biztet said in Creation of virtual balance withdrawal for backtests.:
Really @Ontrade ?
I never thought of doing an optimized backtest until we can also plan like withdrawing profits. Good luck with your project.The thought I have is to know how many withdrawals I would make before the stop full happened, as my robots work with Hedge this helps me to measure the minimum initial investment to obtain the value close to the ideal for each withdrawal when working in a leveraged way.
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@roar said in Creation of virtual balance withdrawal for backtests.:
TesterWithdrawal(500)
Hello @roar
Is correct this code?
I tried to use what happened to me and it didn't work.
I want to withdraw the balance virtually whenever he gives me $ 50 -
@ontrade try this inside the custom box:
if(AccountBalance() - startblc > 50) TesterWithdrawal(50);
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@roar Hello my friend,
Can you help me create a condition for him to withdraw 50 $ whenever this profit happens?
example:- I put the EA on the chart.
- He obtained the balance of $ 10,000
- The EA started trading and made a $ 50 profit, then a withdrawal is immediately made, making the Balance $ 10,000 again and this is happening repeatedly.
This is for backtests purposes, I know that compound interest is coming but I want to try to see how many times it would be possible to withdraw a balance of 50 $ with the same strategy.
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@roar I am trying to simulate withdrawals, because some robots that I develop end up at the end of the backtest showing that they broke the account, but the backtest just ended and he had open orders and this makes the backtest not end with a positive balance.
Is there any other way around it?
