[Matthew Roberts]

Thanks, Petko!!

I’m loving the power behind the ea studio. I’d just like to see myself getting into that consistent profit section and that is what is required of an FTMO trader. I’ve been reading a lot of forums and posting some questions recently. Thanks for the community you’ve built. I’m really looking forward to being a profitable trader!

[Matthew Roberts]

Okay, I will test this method of 30% OOS for the generator as well!

Another thought I had is sharing my normalization parameters and strategy properties settings to see if you or Petko or any other experienced user might have some suggestions on if I’m doing something wrong.

I’m using strategy properties of always using SL and TP on NASDAQ and BTCUSD.

My NASDAQ settings are at 10,000 min and 50,000 max for both SL and TP.

BTCUSD I’ve tested 300,000 min to 600,000 max for both SL and TP (here I find it easy to find strategies, however, the system gets high into profit and then doesn’t close the trades once they get into profit because the TP is so far away and the market just reverses)

BTCUSD I’d like to test 150,000 min to 300,000 max for both SL and TP. The problem here is I find it difficult to find strategies. The 14-period average true range of the D1 chart is around 250,000 ish right now. So that means that on an average day I’ll see about 250,000 pips of movement in a single direction and the hope is the strategy catches somewhere at the beginning of that 250,000 and continues for the remainder of the day and into the next day to close at the TP. So trades would be open for usually a max of 2 days unless it’s a fluctuating market.

Optimization settings:

Remove Take Profit is unchecked everything else is checked.

Out of Sample 30% OOS.

Numeric Value steps 20 steps for NASDAQ and 40 steps for BTCUSD

Search best Net Balance

 

Thanks again for any suggestions you might have for me to try.

 

 

[Matthew Roberts]

Thanks for the suggestion to diversify the risk! I started testing forex pairs at the beginning of my use with ea studio and had horrible results. Maybe I should go back and try again now that I’ve been using ea studio more.

[Matthew Roberts]

Yes My monte Carlo boxes checked are “Randomize indicator parameters” and “Randomize backtest starting bar” Validition is Minimum profit is >= 0 or in other words profit factor >= 1.00 and 90% is considered acceptable.

I’ll try the minimum profit factor 1.1 at the 80% method and see what that does for me.

Thanks for the suggestion.

[Matthew Roberts]

Thanks Again for your reply, Samuel.

I’m very interested in Petko’s response as well.

1. I have chosen to generate using the complete sample of 1.2 because I want good quality strategies to start with. The 30% OOS normalization allows me to optimize the strategy.

2. the 1.2 in sample filter and out of sample filter ensures that I have only strategies that are performing similarly during the optimization period and after the optimization period. I have chosen to do this to prevent over-optimized strategies and to hopefully get consistent future profits. (no success yet sadly. However, I’m not giving up.)

I have tried this method of holding back a month of data and filtering PF>1.2 Minimum count of trades >10. Then tested those bots and found that when they are all combined that they were not profitable as well.

I’d really like to try your suggested method to forward test strategies for a week and then pick only those for the remainder of the month of data.

I had thought of this but was limited due to my strategies are all generated based on the H1 time frame. I’m having an issue doing this as the Minimum data bars are floored at 300 under the data horizon tab. 300 / 24 = 12.5 trading days. NASDAQ only trades on Monday through Friday, so I have to use 2 weeks and 3 days in a forward test. BTCUSD is always open, I only have to wait 13 calendar days. In both cases that is longer than the 1 week.

Is there a way that I don’t know about to lower the floor in data horizon on minimum data bars to 120(5 days x 24 bars) for NASDAQ and 168(7 days x 24 bars) for BTCUSD?

[Matthew Roberts]

Thanks for a second reply!!

 

1. Staying true after how many trades?

2. There are no guarantees in trading and I know this, but I feel as I’m missing something here. There are always some strategies that I run that are profitable, but the majority of the ones I run are unprofitable and it far out ways the wins. I’m struggling running those strategies in their profitable stage.

I’ve taken a more specific approach rather than random.

 

I’ll typically Generate strategies in sample.

Then I Normalize 30% out of sample.

Then I monte Carlo 90% at 20 runs.

 

Acceptance criteria whole strategy:

300 minimum count of trades.

1.2 minimum profit factor.

 

Acceptance criteria in sample

1.2 profit factor minimum

 

Acceptance criteria out of sample

1.2 profit factor minimum

 

I’ll usually then put the top 50 strategies in an account and wait for a week to see what happens and then start throwing them on the demos.

To be clear this has never worked.

I’ve tried KOT4X and I’ve tried FTMO demo accounts.

FTMO performs better due to very low spreads and low commissions.

However, they all seem to slowly drain the account balance.

I’ve mainly tried USTECH (also known as NASDAQ or NAS100) & BTCUSD.

 

 

[Matthew Roberts]

Currently, I’m working on trying to pass the FTMO challenge.
I can’t continue to finance losing strategies for sure.

I have moved back to demo only.

My tests have been at 1.2 or great profit factor and 10 trades put it on live. Usually, I check every week on the demos and filter the strategies are over 10 trades and over 1.2 profit factor then I put them on a separate demo account. They have all failed for sure. If you don’t mind sharing, what do you personally do?

 

[Matthew Roberts]

I’ve been attempting the FTMO challenge as well to no avail. Petko, I would love a course on this. I would definitely pay for it!

[Matthew Roberts]

Petko: I am also struggling very much to make profits. I have lost over $10,000 dollars with EA Studio robots.

What is the recommended time to lower the time to on a Demo? I did 2 weeks and over 10 trades to put it on for another 2 weeks or until 10 trades has proven to have a lower than 1.2 profit factor.

I’ve tried everything from putting trades on for a whole month using your no demo method.

I’ve tried top 2 robots moderate risk, top 10 robots lower risk, top 50 robots very low risk.

In none of these methods have I been able to produce profits on even a demo account.

Demo account and live accounts have been making the same trades.

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