@TipsyWisdom
Yes I was serious, predetermined stop levels(SL-TP) are problematic when not on ticks modelling. Or it is more problematic because there will always be inaccuracies in the tester compared to live anyway, even on ticks.
But on 1m OHLC, the code is executed every OHLC points, that are pretty far each one from each other.
So, except if by chance the next execution models the price at your exact stop levels, it will likely be exceeded by much. And I don't know exactly how but the tester in these cases "correct" this gap rather in your direction.
Such a way that if you traded randomly with stop levels on OHLC modelling, you would be winning.
To overcome this I advise, instead of using predetermined stop levels, using conditions :
Not -> buy(TP=1.2)
But -> buy(no TP) , and if price is above 1.2 next OHLC execution close it.
Posts made by seb 0
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RE: Backtesting, lets talk about it!posted in General Discussions
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RE: Backtesting, lets talk about it!posted in General Discussions
@TipsyWisdom
Do you use stop levels ? They induce the holy grail tester inaccuracy when the price is not in ticks modelling.
Every ticks modeling seems to model the price, every tick size change, with a variation equal to the tick size. While real tick modeling, models the price every tick that actually happened, with the change that actually happened(greater or equal to tick size). That explains why the results are different. -
RE: Please Helpposted in Questions & Answers
@jim1404
-First change the topic title to something meaningful. Example : Open only one buy then one sell.
-Then you stated a want, not a question. What is the question we have to answer ?
-Show us your attempt by sharing your nonfunctional project. We can help you, not do it all for you.
From what I understand your challenge is really simple, start following examples there to learn the basics https://fxdreema.com/examples -
RE: Self Recovery Systemposted in Questions & Answers
@ehsan1362
There isn't much more to say because money management should just be as simple as that. And invest enough to have a draw-down as close as possible to 100% but always below, so you optimize the gain and don't blow the account.
All the importance and the complexity lies in the ability of forecasting/predicting price moves. Up or down. -
RE: Self Recovery Systemposted in Questions & Answers
The money management will not fix the problem. If you decrease the invested amount by 50% and so it doesn't blow the account after 2 years, the profit will also decrease by 50%. Hence it will require twice the time to reach the same profit, and also multiply by 2 the chance(decreased of 50%) of blowing the account. 2*50%=100%, same situation.
If your strategy isn't profitable with this simple rule :- if up signal ->long x lots
- if down signal ->short x lots
- if no signal ->close position
It is not profitable with any other (controlled) money management.
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RE: Pivot point on a RSI input (NEED HELP)posted in Questions & Answers
@hello123starb
Not sure to exactly understand what you want.
Do yo want to draw a support line on the RSI every time it goes below 30, and vice-versa ? A showing pic would be good.
You can draw a line on the RSI :
Also be aware that support-resistance strategies; based on indicators or price; coupled with "confluences" or not, are not reliable. -
RE: Opens 2 positions Simultaneouslyposted in Questions & Answers
@BravoOne
I don't think I did.
Having no more information it's hard knowing where it goes wrong.
Can we see the journal at that time? -
RE: Errorsposted in Questions & Answers
@tec-nacks
Well, can't say more than what is written here. You used the break operator where it shouldn't; a semicolon where it shouldn't...
Are you using line codes ?
Can we see the project ? -
RE: Problem with eaposted in Questions & Answers
@oskars
You would : put only one "indicator is visible" block; set candle type is bear; previous candle type is bull; and set candle ID to 1. For sell.
Vice versa for Buy.
However don't be fooled by the "inertia looking" of the Heikin Ashi indicator. We think we can make profit because when there is a green candle, there is more chance that there will be another one after, than a red one. But be aware these candles don't replicate price moves. In a way that every red candles is higher than the actual price, and every green candle is lower than the actual price.
Also you should choose another topic title that is meaningful, not the fact that you have a problem with an EA but rather the problem it self like "Can't buy when Heikin Ashi goes from red to green". -
RE: single risky positionposted in Questions & Answers
@talshemtov
The other part is the most important. If your strategy beside isn't capable of forecasting price moves, this trick will not save you.
Basically if a system following these rules :
if forecasting is:
-up move -> long X lots
-down move -> short X lots
-no significant move, or unable to know which one -> 0 lots (no position)
Is unprofitable, no matter the money management, no matter how you take positions, it will not be profitable. -
RE: single risky positionposted in Questions & Answers
@talshemtov
Like this https://fxdreema.com/shared/DIkbFrWnb ? Not tested.
What are your entry conditions though ? Are there none ? -
RE: how to make a block to close trades on open new candlesposted in Questions & Answers
@l-andorrà
I forgot we were on fxdreema and we could simply do that ^^ -
RE: how to make a block to close trades on open new candlesposted in Questions & Answers
@sikerentea
Save the time of candle 0 in a variable, if the time of candle 0 is > this variable(a new candle just formed), then save this new time and close the trades. -
RE: Successfull implimented Divergenceposted in Questions & Answers
@chrisbe
Here is a double divergence based EA I built : https://fxdreema.com/shared/x4vv7lCob Im not sure it's the right project because I don't have a subscription anymore so I can't export it to verify.
I designed it with the view to commercialize it, but I then thought it was dishonest selling something pointless. Try it out if you want. -
RE: Successfull implimented Divergenceposted in Questions & Answers
@chrisbe
I have built this type of strategy and tested it many different ways, have seen many EA on the markets, and read articles about the subject, I've never seen a profitable(according to its statistical meaning) divergence strategy. -
RE: Successfull implimented Divergenceposted in Questions & Answers
@chrisbe
Well done!
Now you have an automatic and objective divergence detection, you can rely on it and see, by backtesting a lot of occurrences, that the strategy doesn't work.