Minimum count of trades: 300
Selection of 10 Best Strategies: I followed EA Studio Professional Course Lecture 5.3 which is as follows:
First I filter my collection of EURUSD Strategies as follows:
Validator
Historical data (Adjusted to last 6 months)
Data source Premium Data
Period M15
Loaded EURUSD; M15 – 12768 bars.
From 2022-03-01 00:00, to 2022-09-01 16:45.
Validator settings
Out of Sample: 20%
Common Acceptance Criteria
Complete backtest
Minimum count of trades: 200
Minimum profit factor: 1.2
In Sample (training) part
Minimum profit factor: 1.1
Out of Sample (trading) part
Minimum profit factor: 1.1
Optimize strategies:
Normalization
Remove Take Profit unchecked
Remove needless indicators checked
Reduce Stop Loss checked
Reduce Take Profit checked
Normailize indicator paramenters checked
Out of Sample: 20% OOS
Numeric values steps: 20 steps
Search best: Net balance
Normalize Preset Indicators unchecked
Acceptance Criteria checked
Monte Carlo validation
Count of tests: 20
Validated tests: 80%
Perform robustness testing:
Monte Carlo validation
Count of tests: 20
Validated tests: 80%
The results are then further filtered
Historical data (Adjusted for last one month)
Data source Premium Data
Period M15
Loaded EURUSD; M15 – 2280 bars.
From 2022-08-01 00:00, to 2022-09-01 17:45.
Validator settings
Out of Sample: not used
Acceptance Criteria
Complete backtest 1.2 pf
In Sample 1.1 pf
Out of Sample 1.1 pf
None of the other filtering is used as Petko says its all been done before and don’t need to do it again.
The results are then filtered in the Collections tab as follows:
Profit factor adjusted until about 15 to 20 strategies are left
Count of trades is then adjusted to minimum of 10 trades (this is about one trade every other day).
Finally the resulting strategies are eyeballed looking for best 10 strategies balance line with no downward trends showing over approximately last one week.