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Hi Petko,
Thanks very much for updating the EAs. Could you please check the EAs for “Top 10 USDCAD EAs in 2020: Algorithmic trading strategies”, as they appear to still be from Feb.
Thank you,
Ilan
Hi Petko,
Thinking about my question above some more, I think (and please correct me if I am wrong) that what I should do is check the strategies in EA Studio, and compare the long and short entry conditions to see if they have the same or similar conditions?
Thanks,
Ilan
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
Hi Petko,
Thanks very much for updating the EAs, however the link to the resource file is not working.
Regards,
Ilan
Hi Petko,
Do you perhaps have a document where you have the settings you use in EA Studio for each currency pair – eg. Monte Carlo, Walk Forward, Acceptance criteria for different pairs? I mean, the settings that you have found are best for each pair. In each of your courses I’ve done, I’ve noticed there are some settings that are the same, but others that differ.
Thanks again,
Ilan
Hi Petko,
Where are the new EAs? I have checked the resource file, and it’s still the EAs created in November. Have you just modified some of the settings in the existing EAs?
Thanks,
Ilan
Hi Petko,
Thanks for getting back to me.
How would I create an EA with the specific set of rules for the formula?
Thanks,
Ilan
Hi Petko,
Thanks for getting back to me.
I have used MetaEditor to check the EAs that were used to open the trades in question, and you are correct. I have no idea why, but the stop losses have been set to 515 and 633 pips, which is crazy. I will try and locate the EA Studio collection that these EAs are from, and check the settings, although I think they have been deleted.
Anyway, it is what it is. I’ll take it as a lesson (an expensive one :-)) and try recoup the losses using your suggestion above.
Thanks, as always.
Regards,
Ilan
Hi Petko,
Thank you for replying. I will look at article you shared, and if need be, change brokers. My portfolio is down a bit since yesterday, so I will have to wait and adjust EAs as needed to get my balance back up, before withdrawing funds if need be. I’m finding it challenging at the moment with the volatility. My portfolio value is moving quite a lot from hour to hour, so hopefully the markets stabilize soon.
What I meant by my demo accounts have more than my live, is that when opening a demo account on JFD, you have the option of opening with $500, $3000, $5000, etc. I had $1,500 available to open a live account, so that is what I did. So if the market turns against my trades (and it did already more than once), I start to run out of free margin , so trades don’t open on my live account, but they do on the demo account, as there was more margin available.
For now, with the volatility, I will keep monitoring my demo accounts, and use FX Blue to analyze the EAs and update my live account as needed.
Thanks,
Ilan
Hi Petko,
Just to add to point 1 above, I am now using the brokers you teach with, i.e. JFD and Pepperstone. I assume the brokers you use in the courses, are the same ones yo use to create the EAs you provide monthly when creating the strategies. I know you don’t recommend brokers, but if you use different brokers to create the EAs you provide in the courses, could you please let me know, so that I use the EAs that you have created or updated monthly on the same broker’s platform, to get the same results.
I hope this makes sense.
Thanks again,
Ilan
Hi Petko,
Thanks for your reply, sorry for my delay.
1. For the most part, yes, they are the same. Last week, I changed most of my demo account to correspond with my live accounts. In other words, I now use the same broker for demo and live, to ensure trades are opened and closed at the same time in live and demo. I haven’t done a full comparison but I will using FX Blue later this week.
2. Yes, I did find that. As mentioned above, I will compare trades using FX Blue and time range filter to make sure they’re all the same. The other issue I think I may find is that my demo account has more money than my live, so there may be times when trades don’t open in live because of limited margin.
3. I’m following the rules you taught in the courses. I use FX Blue, check strategy, and replace EAs as required.
On the last point, with the current volatility, is it better to use a date range filter, for example the 3 days before only, to get a more accurate idea of how the EAs are performing, rather than a long time frame?
Thanks,
Ilan
Hi Petko,
I see the “Top 10 EURUSD Expert Advisors – Forex Algorithmic trading”, and the link to the EAs from “Forex trading course: Get new 12 Forex Robots every month” are both working, however the 50 EAs o the EURUSD course are still March. Is this correct?
Regards,
Ilan
Hi Petko,
Thanks for the update.
I noticed some EAs have not been changed. AUDUSD and XAUUSD are still November 2019 EAs, USDCAD is Feb 2019, there is no link to the EAs on “Top 10 EURUSD Expert Advisors – Forex Algorithmic trading”, and the link to the EAs from “Forex trading course: Get new 12 Forex Robots every month” is not working.
Thanks,
Ilan