Hello everyone and Sam!
It’s been a while since I last visited this forum. To be honest, I had a very frustrating moment with the EA studio and almost gave up on it completely. What got me frustrated most is when I moved my best winning EAs which performed really well to a mock live account, it ALWAYS tanked! I followed every single step (literally) Petko taught in Udemy course but NOPE – it still tanked!
So I decided to just let my demo account run without touching or, hell, even looking at it for almost 2 months. And then I checked the results again and tried to move the winning EAs to a mock live again. This time it works SO MUCH better. Finally, I’m seeing the light at the end of the tunnel.
Here are my notes:
** DISCLAIMER: These are my notes from my personal experiences. I could be wrong. I’m just sharing my journey. Your journey will be different because we have different ways to process things. Don’t take my notes and apply blindly. **
– My best-performing TFs are M15 and H1. I tested M5 with multiple currencies. The results looked amazing on EA studio and when applied in the real world, the results weren’t consistent. One week worked great, but two weeks later tanked. Worked great again in the next 4 days and tanked. It’s like women in that period of time.
– When choosing the winning EAs, my best lookback timeframe when comparing the results is 1 month and 3 months minimum. I noticed that when I use the lower lookback timeframe than 30 days, the result isn’t consistent. But when I compare the result in the last 30 days with the results of 90 days (or more – the longer the better), that’s when I start seeing the profit. If I have to guess, it’s because I give the EAs more time to perform? — I will need Sam to confirm this hahaha
– Complicating EA studio reactor doesn’t mean your strategies will be better. I tried WFA, normalizer, or whatever the software has. I keep it simple and run it without any optimization. If it creates too many strategies, I just re-run it again with 90% Monte Carlo
– My best-performing currencies in the past 4 months are GBPJPY and EURGBP. They both survived every month. I’m running the other 10 currencies alongside but these two are my tough cookies. Don’t ask me why because I don’t really know hahaha. I just speak from my results
Last but not least, if you read this far, you will go through multiple frustrating moments and want to give up completely. Take a break as long as you need but make sure to come back to it. Don’t give up.
Cheers!
Tanya