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I would like to ask something here. I see that there is no exact rule to pause the EAs during the Forex news. Is it possible than to trade Expert Advisors only during the Forex news?
I was nearly scammed, I got one call, and then another one, and another one. I got suspicious, and I started looking for brokers and Scam brokers, and I found this page in the Forum. This helped me realize that I Was a step from getting scammed. Glad I found it.
I am new to the website and Forex Academy and I did not expect to see such a discount. I will buy some trading courses as well, and I am happy to see that the Academey is not connected to any brokers
Hey Edu,
for the first post:
The Optimization results seems better, and I think the Monte Carlo looks just normal for the number of bars you have. Later when you have bigger number of bars, the strategies will get more and more robust.
The USDJPY looks so much better. I see on your FSB back test that you have more than 300 count of trades which is a reliable number.
Also, when you perform the Monte Carlo, you can select the last two options together. No need to do it separately.
Cheers
Hello,
Yes, we have our courses on Udemy as well, the very same as on our website.
It is the best to have the History data from your broker, and not downloading it from somewhere.
For sure you do not need to pay for History data. Just leave your Meta Trader opened, and with the time it will collect you the data.
You can always save it from your Meta Trader, or if you change computer, you can transfer it. Go to Files-open data folder-history. And you will see the server of your broker. You can save this file from time to time.
Kind regards
Hello,
Yes, we have our courses on Udemy as well, the very same as on our website.
It is the best to have the History data from your broker, and not downloading it from somewhere.
For sure you do not need to pay for History data. Just leave your Meta Trader opened, and with the time it will collect you the data.
You can always save it from your Meta Trader, or if you change computer, you can transfer it. Go to Files-open data folder-history. And you will see the server of your broker. You can save this file from time to time.
Kind regards
Hello Edu,
you are missing something with the optimization.
The first time you did it with step of 1, and the second time with step of 10.It is good to do optimization with round numbers as step. But make sure the parameters of the strategy before the optimization to be round as well.
For example, make Stop Loss 80 and Take Profit 70, and then do optimization with step of 10. Same for the other parameters
Your Monte Carlo is just fine. The over-optimized strategies will show total loss with all tests, which is not your case. And yes, you are correct.
No weekend for me during the last years, mate :)
Cheers
Hello,
For sure, I will let anyone what the new feature/software is available, because it will be useful to everyone, not only the US citizens.
Actually with FSB Pro, you are able to create more professional and complicated EAs.
Make sure to watch the Free videos from the developer of this Forex trading Software:
https://sandbox.eatradingacademy.com/forex-strategy-builder-software/
Also, I have made a long video/article about it sometime ago:
About the min count of trades, it depends on the Historical data you have. The more data, the more min count of trades you can set in the Acceptance criteria.
So if you place 300, and you see that you have many strategies generated, you can stop and set it to 400, and than to 500. Until you find some value in the middle, not to limit the reactor of having no strategies, and in the same time to have enough strategies to work on.
The idea of the min count of trades is that the more we have, the more reliable the becktest is. Obviously we want to trade a strategy that showed profitability over 300-400 consecutive trades, and not over 20-30.
Let me know if there is something else.
Beautiful weekend ahead!
Hello Edu,
this backtest looks bad. When you optimize in EA Studio, you have an acceptance criteria. Try to remove it, and do the optimization. This way you will see if the issue is there. If it passes, than try to make the acceptance criteria not so strict.
The Monte Carlo itself is the robustness test for over optimization. If it fails, it means that the strategy is probably over-optimized.
Another old method to see if a strategy is over optimized is to change manually some of the parameters in the indicators. If you see huge difference in the equity, this is also a sign that the strategy is over-optimized.
Have a beautiful weekend too!
Petko AHello Edu,
I always suggest the students to test sometime on Demo account before placing on real account. It is important to understand that it is a personal choice and responsibility when one will place the EAs for live trading.
It is good to test it on Demo account until the moment you feel comfortable for live trading.
And yes, you should collect more data, with the time your strategies will become more robust. Also, during the time you collect you can practice with FSB and create more strategies.
Kind regards,
Unfortunately, the Scam brokers will always find paths to work this way, they close doors, open under another name, and keep on scamming the people. Thanks for everyone who shared his experience here, we have helped many..
Good morning Edu,
yes, this is another thing.
The Randomize backtest starting bar option in FSB shows that the EA is robust no matter when you will start trading with it. Because normally when a trader takes an EA he starts always a t a future moment using it, not during the becktested period.
Randomize indicator parameters is the strongest test for me. It performs variety of test using different parameters for your broker. For example, if you have the RSI period of 9, it will test it with 6,7,8,10,11,12.. You can set the options for the Monte Carlo from here:
Hello Andi,
I guess you wanted to ask if you can use EA Studio on many browsers, not brokers :) If this was the question, yes you can. However with me when I put it on more than 3 the generator becomes a bit slow, but still very useful. I have computer and laptop, so i run 5-6 reactors every night. This Forex robot software is the think that changed my trading.
