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