[Ilan Vardy]

Hi Petko,

 

Thanks for getting back to me. What you say makes perfect sense – I guess this is where money management is important, as well as making sure there is enough money in the trading account to ensure there are no margin calls while the market recovers – which it has since I posted my initial question. I have since updated the EAs and my account has recovered.

 

The SL and TP I an using for my EAs is 10 – 100.

 

Thanks again,

 

Ilan

[Ilan Vardy]

Hi Petko,

Thinking about my question above, and your initial answer, I came up with a strategy (I think it’s what you explained, if I understood correctly) , that I’m hoping works.

 

As mentioned, I keep a spreadsheet of weekly EA performances in my demo accounts, removing EAs from my live account that didn’t perform well in the previous week, keeping those that did, and adding good performing EAs from my demo accounts to my live account, also from the previous week.

What I am doing now, is applying the date filter in FX Blue for the past week, as well as from the beginning of the month, or the last 30 days. I then check which EAs are performing well in the last week AND last month. If they have performed well in both time frames, I add them from the demo accounts to my live account. Conversely, if they are no longer performing well in both time frames, and they are currently in my live account, I remove them.

 

I hope this makes sense. Do you agree and / or have any suggestions.

 

Thanks very much,

Ilan

[Ilan Vardy]

Hey Petko,

Thanks for replying. So, based on the above method, if I check my EA performance weekly, do I select the EAs that have been working for a shorter as well as longer period? In other words, let’s say I have an EA that hasn’t made any successful trades in the past week, but over the past month, it has made 15 trades in total, with a positive net profit and profit factor of 1.4. Do I continue using it?

Thank you as always,

Ilan

 

[Ilan Vardy]

Perfect, thanks as always

[Ilan Vardy]

Thanks Petko

[Ilan Vardy]

My apologies, I have found the setting for leverage in the Tools menu.

[Ilan Vardy]

Thanks Petko, appreciated as always

[Ilan Vardy]

Hi Petko,

 

Thanks very much for updating the EAs. Could you please check the EAs for “Top 10 USDCAD EAs in 2020: Algorithmic trading strategies”, as they appear to still be from Feb.

 

Thank you,

 

Ilan

[Ilan Vardy]

Hi Petko,

 

Thinking about my question above some more, I think (and please correct me if I am wrong) that what I should do is check the strategies in EA Studio, and compare the long and short entry conditions to see if they have the same or similar conditions?

Thanks,

 

Ilan

[Ilan Vardy]

Hi Petko,

I have been creating EAs for multiple currency pairs using the settings you suggested above. I am using both Generator and Reactor.

My

Generator settings are 20% OOS, Net Balance, Working time of 600 minutes. Acceptance criteria Count of trades: 500, profit factor 1.2 and In and Out of Sample set to 1. In the courses you teach 1.1, but it seems the platform now only accepts full digits – i.e. 1, 2, 3, etc.

Reactor settings are Monte Carlo validation, with Count of tests at 20, and Validated tests at 80%.

What I am finding once my EAs have been created and I’ve put them onto a demo account, is that many strategies are similar – they open at the same point, but the TP and SL are slightly higher or lower. Is this normal? You teach that the strategies should be different to achieve different results.

What can I change to achieve this, and would you recommend any different or additional acceptance criteria when creating my EAs, for example minimum R-squared at 70-75%?

 

Thanks in advance,

 

Ilan

[Ilan Vardy]

Thanks Petko – working now.

 

Ilan

[Ilan Vardy]

Hi Petko,

 

Thanks very much for updating the EAs, however the link to the resource file is not working.

 

Regards,

Ilan

[Ilan Vardy]

Hi Petko,

 

Do you perhaps have a document where you have the settings you use in EA Studio for  each currency pair – eg. Monte Carlo, Walk Forward, Acceptance criteria for different pairs? I mean, the settings that you have found are best for each pair. In each of your courses I’ve done, I’ve noticed there are some settings that are the same, but others that differ.

 

Thanks again,

 

Ilan

[Ilan Vardy]

Hi Petko,

 

Where are the new EAs? I have checked the resource file, and it’s still the EAs created in November. Have you just modified some of the settings in the existing EAs?

 

Thanks,

Ilan

[Ilan Vardy]

Hi Petko,

 

Thanks for getting back to me.

How would I create an EA with the specific set of rules for the formula?

Thanks,

 

Ilan

[Author]

Posts