Hi Charbel,
I don’t think losing strategies will be shown, I think there is built in criteria that if a strategy makes less than 0.10 of currency, it is a loser and not shown to you.
I’m pretty new to Algo trading as well.
What I have learnt from Petko is that most, if not all, strategies have winning phases and losing phases. Do not waste time looking for the perfect strategy. The way we get around the losing phases is to have so many strategies working at once, that the losers don’t matter, because the winners are winning more than the losers are losing.
Petko’s education and the software give us the tools to generate robust strategies that put the odds in our favour.
It is not a case of finding a perfect strategy, and giving up your job. It will take time and work on a regular basis, like growing a garden, you have to nurture the good strategies and weed out the bad.
EA Studio is the sunshine!
Learn how to use it, the amount of work it does for you is amazing.
Recently, Petko posted that it had calculated ten million strategies in three days. I’m pretty sure it would take me longer than that to calculate ten million strategies manually!
Now that I have seen how difficult it is to find a decent strategy, sometimes even for EA Studio, I feel bad for those who trade manually by staring at screens waiting for an entry. They are spending weeks/months/years experimenting with a single strategy that EA Studio might throw in the trash in less than a second!
My advice is, invest in EA Studio, invest in Petko’s education, learn all the different ways it can be used, and in time the profits will come.
Start experimenting with the acceptance criteria:
Minimum profit factor: 1.1
Minimum count of trades: 500
Maximum drawdown %: 15
In Sample: Minimum profit factor: 1.1
Out Of Sample: Minimum profit factor: 1.1
You could just run the Generator with these settings, and see what comes out, which will be raw strategies, with no robustness validation.
Or you could get EA Studio to do more work for you, and run the settings on the Reactor, and set the extra modules there to perform the robustness testing for you.
Lately, I have been using the Reactor with Walk Forward Optimization with out-of-sample settings, Walk Forward validation with out-of-sample settings, and Monte Carlo.
I run the generator for 1440 minutes (24hrs) and usually end up with between three and ten strategies in the collection.
Running it for 24hrs means I can set time each day to repeat the process for different forex pairs and timeframes.
Because EA Studio has done all the work for me, I trust that the strategies are robust, and put the straight into Metatrader Demo for testing.
Then if the results in FX Blue are good I will move them to a live account.
Good luck!