Forum Replies Created
-
AuthorPosts
-
April 2, 2022 at 7:33 in reply to: How to set up the correct SL and TP in the strategy properties #114466
Petko Aleksandrov
KeymasterHey Mario,
Glad to hear from you. You can leave the SL and TP in the Reactor between 1 to 100 pips. This way, you will give the program the freedom to calculate all possible variations.
Now, the date you are using is too much, in my opinion. Because if you have 1-2 trades on average per month, it might happen that you won’t have a single trade some months.
I do not say that it isn’t good, but this does not guarantee that such a strategy is more profitable than the one trading more frequently.
Plus, it might happen that you will have 5-6 consecutive losing trades so that you would be on a loss for a few months with that strategy.
Also, we focus more on the recent historical data (last six months or so) because the EAs will be trading on the current market conditions.
And having good and big data is good, but you do not need to generate the EAs over it. You can generate the EAs for the last two years and check if the EA you like worked well a few years back.
Petko Aleksandrov
KeymasterHey Mathew,
Thanks for the kind words!
Keep me updated with your progress.
I know the FTMO challenge is something interesting and I will find the time this year to record some useful content about it.
Petko Aleksandrov
KeymasterAbsolutely! In times of war or uncertainty, we can expect losses or even storage profits.
The EAs were generated and tested on ‘normal’ market conditions, so when there are wreckless moves on the market, the SLes and TPs might get hit in no time.
Petko Aleksandrov
KeymasterHey Ekene,
It is a personal choice with how much you will be trading.
25k is a pretty decent amount. More, you can decide how many lots to trade so if you trade with 0.1Lot in a 25k account you will be risking a very small amount.
March 30, 2022 at 10:25 in reply to: Forex strategy, Forex ea or cryptocurrency ea – share with everyone #114320Petko Aleksandrov
KeymasterHey Samuel,
Great strategy! It’s nice you did it manually, without the generator. This means you know the indicators and the logic behind them.
I like also that you used a big SL so you give chance to the trades.
Let me know how it goes when you are trading the strategy.
Petko Aleksandrov
KeymasterHey Matthew,
Your plan looks really promising. Please, keep us updated.
Regarding the data, it depends on a few things. First, if you use a too big number of bars, the program will get slower. At the same time, if you use a small range of data, you will get to over-optimized strategies. But if you use a min count of trades that will eliminate the issue.
Something in the middle works best.
Petko Aleksandrov
KeymasterHey Samuel,
I got your point. And it makes sense.
We can suggest that to him, I will take a note.
I will let you know.
Petko Aleksandrov
KeymasterOne thing we have been discussing with Mr. Popov is that the better the software becomes the trickier it will be for the beginner traders.
The software uses historical data, but it is hard to catch the news, the mid-night high spreads, the over-optimized strategies (good there is Monte Carlo)
That is why the traders need to put some logic, limitations in the Reactor, and precise Demo and Live testing.
Anyway, I am glad you found your passion.
Petko Aleksandrov
KeymasterHey Samuel,
Thanks for making it clearer! As you know I am not a developer so it is my bad ;)
But yes, there are plenty of indicators in there.
Petko Aleksandrov
KeymasterHey Samuel,
Thanks for keeping up the spirit in the Forum! I appreciate it! :) I am sure the others will join again.
Petko Aleksandrov
KeymasterHey traders,
Would you like to know more about the Metaverse build on a Blockchain?
I have put together the most important to see if you want to Invest in the Metaverse!
Here is our brand-new Metaverse Course:
This course is short and straight to the point.
For all of our forum participants, we have launched the course at a discounted price for the first week: 49EUR
So how is it possible to make money in a Metaverse?
- Play the game and earn rewards
- Invest in virtual land (many possibilities)
- Buy and trade NFTs (avatars, wearables, weapons)
- Create Assets and sell them for profits
In the course, you will learn how to create NFT assets and Games! No programming is needed. I will show you the free tools available on the Sandbox game.
I have selected to use the Sandbox Metaverse as an example in this course. At the time of recording the course, I believe it has the most considerable potential over time. However, all other Crypto Metaverses work in the same way because they are all built on a blockchain.
Plus, on the 3rd of March 2022. the Sandbox Alpha is coming back with a Season 2. And this time it is open to all, for Fre
Are you ready for something exciting? Let’s go!
Petko A
Petko Aleksandrov
KeymasterHello traders,
I uploaded the EAs for March in the courses that I update monthly.
NOTE: Keep in mind that trading becomes riskier in high volatility, just like the current Russian Ukrainian War.
What you can do is pause trading or reduce the trading amount.
Just be careful :)
Cheers,
Petko APetko Aleksandrov
KeymasterHey Samuel,
You are doing quite a good job! Very detailed analysis with an in-depth idea!
1. I find the pairs just fine. Also, in times of volatility (War), the EURUSD is always a losing asset.
2. Were the strategies just generated, or did you add some different indicators as filters? What is the reason for not having trades?
3. I think your plan is just great. You already know how to use EA Studio, so you do not need Demo testing if you learn to manipulate the data and OOS. I stopped Demo long ago after having the Validator in EA Studio, which is the same as testing the EAs on a Demo.
However, I always suggest everyone test the EAs on Demo.
Keep me updated with your tests. It sounds promising.
Petko Aleksandrov
KeymasterHey Samuel,
It is not a shame for EA Studio but MetaTrader. The developer, Mr. Popov, is so good that he can do everything.
BUT MetaTrader does not allow it. You can not trade different assets on one chart in MetaTrader.
This is why he is now preparing different products for different platforms like Trading View.
MetaTrader is the best so far, but there are many limitations, so the EA Studio has to follow along.
Petko Aleksandrov
KeymasterThanks, guys. I will definitely think about it.
-
AuthorPosts