@TipsyWisdom Thankyou so much for this.
I have had problems with accounting for time shift. It's not clear if you put the time stamp, components, whether you type 'November' in the field or have to put the month number 11. Some extra detail from them would be nice here.
Yes, I've definitely noticed a big difference with the 2 changes in time through the year
@roar Nice 
I will definitely take a look at this. Have you got an MT4 version or is it easy enough to convert?
@DanZig55 Thankyou for sharing!
I put it on my backtester with original settings. I'm not sure what time frame you recommend but I tested on H1. Also I tested on CHFJPY too. I couldn't get it to profit on either pair but I could suggest a couple of things. Changing to candle close "is above" the MA, not crosses above. I'm not sure a close crossing above really is clear. Also try using candle id 1 in the MA condition. You have id of 0 which makes it hard to compute as the developing candle always has an evolving MA.
I think there could be potential to really improve this a lot
Yes, happy to look at it. Do you have a link to share your project?
@seb-0 I don't think there's much discrepancy with stop levels on backtest versus forward test, unless its a small time frame like M1. If there are any issues that are hard to replicate on forward test or live, I'd say it's likely to be variable spread, or wide spread. But there's a spread filter on it which is kept slim. I don't like to be ripped off by the broker, I prefer to wait til the spread is narrow. So backtesting times when the spread is thin is very hard to replicate so I guess we'll see
@roar I can't explain that largest loss trade being so high because at micro-lots it should never be more than the average loss trade which in this test is 10 pips. There are a few strange quirks with MT5 backtest. All I can put it down to is perhaps that was a trade that gapped into loss more than the SL and I assume the tester takes the open bar price, not the SL price to close that trade
@roar I finally got MT5 backtest working. Here is CHFJPY, for some reason it's not taking as many trades
@roar No, if you use fixed SL and TP the robot is still profitable. The win rate is between 60-65% and that's with some TP's on trades being higher than SL. Hey, I tried to do backtest using MT5 but I can't seem to get the tester working. Can anyone backtest on MT5 for me?
@Ipod I can't edit the post now.
Here's Q & A on the robot:
1. Does your strategy use stop losses or is it grid or hedging system?
No it's not a grid or hedging system. It definitely uses SL and TP's. The SL is fixed value while the TP is dynamic and has a minimum stop level equal to the SL
2. What indicator does it use?
It depends which robot you're asking about. The Falcon uses simple moving averages of candle highs and lows to compute the best levels to buy and sell the asset at any given time. The Condor uses bollinger bands to find the best trade entries to trade to the centre line
3. Why is the equity line so smooth, why do backtests look so good?
The creation of a reliable successful robot is really not that difficult. You probably have many robots that are profitable, but you aren't finding the profit because it hasn't undergone deep analysis. What is deep analysis? It is the careful meticulous inspection of how, when and why the profitable trades come and are you filtering them out properly? For example, the market trends and ranges. There are hours of the day where it is profitable, days of the week or months of the year. Is it profitable on longs more than shorts? Do you know this kind of detail? If you can study this then it can make all the difference. I've spent more time researching the exact times, ways and directions of trades that are profitable so I can isolate them. I use Strategy Quant EA analyzer but there are other programs out there to deep analyze the backtest reports
4. What time frame does it trade on?
The Falcon uses M5 time frame only. The Condor can be traded on M5, M15, M30 or H1 time frames. It is equally as reliable on any time frame
5. What assets can be traded on?
Generally both robots can be traded on JPY pairs and work the best on JPY. The best performance comes from CHFJPY, GBPJPY and NZDJPY, followed by EURJPY, CADJPY, AUDJPY and USDJPY. The Condor can also handle some USD pairs like GBPUSD, EURUSD.
6. What is the profit factor?
Profit factor is total gross losses (losing trades) divided into total profitable trades. For example if the total losses are $100 and the total profit is $150 then the PF is 1.5. Anything above 1.0 is profitable. The profit factor for this robot is anywhere from 2.00 to 2.7 depending on the pair. In the earlier data I could achieve a PF of around 4.5 but it had many fewer trades so I'm trying to balance having a good profit factor with a good volume of trades. Maybe that's something I can put in the settings as a preference.
7. All your backtests are the last 4 years. How stable is the robot long term?
So I decided to do a 10 year backtest for the Condor just to see how it does even though my main tests have been 4 years. Here's my 10 year backtest for CHFJPY:
That's about all the Q's I can think of. If anyone has any more I'm happy to answer them
@seb-0 Yes, I’m definitely using stop levels. This is not a grid trading or hedging system. So there shouldn’t be drawdowns. I’ll make an edit to my post with Q and A
I won't need to do that. I'm sharing my experiences here and show how I get the results, once I have solid forward testing data that backs up my strategy
Below results are the latest backtests for the CONDOR V1 made with FX Dreema. My previous project was the FALCON V1 which is also looking similarly good, but CONDOR uses different logic.
I'm pleased to say thankyou so much to FX Dreema crew for creating such an outstanding program which allows making trading robots easy. While it hasn't been completely easy and a steep learning curve, it is very possible to navigate a program like this to make profitable trading robots. I have several already.
I'm pleased to say forward testing on demo is looking very good at this stage, however I've had to make some adjustments during the week after noticing a few glitches that didn't show on backtest, in order to have it work properly. I'm looking forward to seeing the results in the coming days and will post the forward testing results in discussions here.
I am protecting settings detail at the moment in given images.
GBPJPY 4 year backtest - MT4, conditions: Every tick, M5 chart, total trades: 1,409. Accuracy of data 99%.
Below is CHFJPY 4 year backtest for same period, 1,568 trades total. This robot will give similar results for all the YEN pairs, and several USD pairs too. It will also work on M5, M15, M30 or H1 chart, however it generates far less signals on the higher time frames.
Now let me give clues as to the trading logic - Let's assume that the end of the NY session puts certain pairs into a trading range while the market prepares for the open of Tokyo market. There is a period of time when the market is ranging, therefore we take advantage of this period by trading ranges. Not trends.
Because ranges are more predictable, so we look at the highs and lows of this time of day and trade accordingly. We trade only SHORT positions when the institutions close their positions for the day in the initial hour. We trade only LONG positions prior to the open of the session. How do we know this? Well we can see it on the deep analysis tool that is SQ analyzer.
Hence a given report here details how a portfolio of JPY pairs would perform in the 4 year period. We can see that the very first month was a loss, but every subsequent month in the 4 year period was profitable. It is a simple matter to just sort the data and optimize the performance during the profitable periods of the day
I will post forward tests here in a week or two, stay tuned, and I am happy to answer any questions
Thanks Ipod, I think the problem is with my data. I think there are inconsistencies. I've had to change the code entirely to remove that issue. The TP worked as as virtual one when certain conditions were met. Now I've just changed it to a fixed TP. Once my research is done I'll try to simulate the issue and get back to you
@Leop15 Sure. But before I do, I’m still testing and developing. Please follow this thread:
https://fxdreema.com/forum/topic/18723/30k-35m-in-4-years
I’m calling this one the Falcon V1. It is looking reliable. I have also developed a second robot, I’m calling it the Condor V1, it is even more profitable. Stay in the other thread
@roar Yes, I've just built out the MT5 version. Is it possible to have individual settings for each pair during testing, or the same settings apply to all pairs? I have custom settings on each pair. I'll need some time to write the settings files and get them to you.
@roar Do you know how to backtest in MT5? I'm not sure how to use it. I had a lot of issues with it last time. I noticed you got a fiverr gig. If I give you a copy would you be able to do some backtesting for me? I'm not sure how good my data is.
Most of my backtesting is done on M15 chart for this strategy with spread of 17 points. My latest version is a very high frequency trader, over 30,000 trades on each pair in 4 years.
No, I haven't made an MT5 version yet. I'm getting closer to having a reliable working model on FXD. I'm using reliable tick data and candle 1 close signals not zero so the tests should be reasonably reliable. I've got a few different variations to forward test, one will generate a lot of trades
I worked on my other trading robot. I'm trying to get it more stable, however I can't code it with FXD because I have some kind of issue with data as I've tried to get fixed here, (as you can see the issue is to do with incorrect decimal places for YEN pairs) so this one was with another program.
Backtest results are 99% accuracy, I'm about to start forward testing this week, it works well on most pairs. But improvements can be further made if I individualise the profile for each pair to hour of day, day of week trading, etc.
This is EURJPY over 947 trades;
This is GBPJPY, exact same settings took 2245 trades. It seems more stable on this pair probably due to the higher volatility
I'm having technical issues trying to get it working on FXD, I'll post my results with forward testing at the end of this week
Yeah, I have a profitable one, backtesting 99% looking good, I am about to forward test. $1,000 to $2.2M in 4 years risking 4%, but only thing is I didn't create with FXdreema, another program. I'm trying to do it with FXD but having issues with the data
The issue seems to be the historic data I'm using. I don't get that error with other pairs
Thanks jstap, yes I fixed them but forgot to save.
No I'm still getting constant errors here:
https://fxdreema.com/shared/CB9VJjOJb
It must only be happening with my broker then? Is that possible? It's a very frustrating problem. Strange because it recognises the command to open a trade but all sorts of problems closing it using the exact same logic