[richard]

Test 3:

This is more what I am looking for….  Nice consistent gains.  Another thing I am just starting to focus on is how well a Test handles things when the market moves against your positions.  You can see in the demo that that big drop midweek was handled well by test 3 with a loss only about half the size of the demo.  This is exactly what I am hoping to see….

You can see test 3 is now only running 20 of the 30 strategies that the demo is running.  So 10 have been filtered out as not performing at this stage.  Test 2 the stricter filtering has even less.

So for me finding the right filtering balance is very important.  What I have learnt over the last few months is that light filtering works better then heavy filtering.  If I try to remove too many strategies with strict criteria I don’t get as good results….

Light filtering appears to give the strategies enough room to prove themselves without getting taken out too early…

Any way these are just my ideas so please don’t take them as anything more than that….and test and prove your own systems….

 

 

[richard]

Test 2:

Was heading in the wrong direction and the market was very favourable in the fast session.  I am not reading to much into the gains at this stage as it was just one good session.  See what happens next week.

 

[richard]

Test 1:

Sideways, which is good for the demo results.

 

[richard]

Thought I would post some results from the last week:

This is from Petko’s Top 30 for October.  I missed the first week of the month as I had a bug I had to sort out in the system.  So this has just the completed weeks data at this stage.

I am running 3 side by side tests and comparing the results:

Test 1 – No filters, so basically the demo trading and all trades included.  I like to use this as my base and then see how effective the filtering is at increasing profitability, reducing DD etc….

Test 2 – Strict filter applied.  Do not copy the first trade.  Apply a 1.2 PF to ALL trades and also a 1.2 PF to the last 4 trades.  This means all strategies need to perform well from the beginning and continue to perform or they will be dropped.

Test 3 – Relaxed filter applied. Allow the first 3 trades through with no filtering. Apply a 1.2 PF to the last 4 trades.  This allows the strategies to get underway for a few trades without being removed too early and the 1.2 PF to the last 4 trades ensures that they are then performing reasonable well.  Strategies that get off to a poor start but then improve and meet the 1.2PF for the last 4 trades criteria will then be selected

 

 

 

 

[richard]

Set the swap rates and commission, if any, from the broker you will be using for trading…

[richard]

Hey Petko, regarding the Database.  It basically does a similar job as FX Blue but automatically and Live.  It will show all of the strats in the app.  Then you use the app to filter out the ones that you want to trade.  Example:  Allow the first 4 trades to be copied to the live account but then only copy trades that have a 1.2 PF over the last week and also a net balance of $1 and a R2 above 50% over the last month, or whatever you want.  I can use any of the filters in the images above in any sequence and send only the selected ones to the live account.  Basically exactly what you do manually when you select which strats to take to the live account the system will do it all Live and Automatically….

[richard]

I am using Global Prime here in Australia.  They allow unlimited demo’s with no expiry which a lot of brokers don’t seem to allow.  I also have a pepperstone account but have not used that much yet, although they have higher leverage that might be useful in the future……

[richard]

The settings for each of the filters can be changed instantly.  If after the change there are strats that  don’t meet the new criteria they will be removed immediately from the live account….  And any strats that now meet the new criteria will open on the live the next time they open in demo.

I watched your course the other day and have started a few trials running that will be ready in 2 weeks.  I am thinking about the best way to automatically send the chosen strats to the live.  Either by TOP # of each pair or other ways.  Anyway all these options can be selected so that it will run on auto….

Image of pop up box to change settings instantly attached.  This is from your course that I started a few days ago.  Took a beating overnight but still looking good.

I like your concept of changing out weekly.  Is there a reason you don’t close down on Friday end of market and avoid potential gaps over the weekend instead of Monday morning…..

 

 

[richard]

One of the main reasons I started this is that I wanted the ability to run many side by side tests with slight variations / filters and then have an easy way to show the results…..

 

Any way that is enough for now.

 

I will show some future results of what I come up with if people are interested…..

[richard]

I have just finished adding some graphics to the APP to give me a quick snapshot of where all the accounts and strategies are up to:

This is Petko’s EAs from his last course with a 1.2 PF over the last 4 trades filter attached:

 

[richard]

Once I have set the filters and the strategies meet the criteria they will automatically be copied from the demo account to the Live account next time they open in the demo.  Live account shown with Copier EA running.  (I am still on demo for testing so this is a “live” demo account:

[richard]

Then I use a windows based app to carry out the filtering:

I have 8 different live accounts assigned to the app.  I assign the magic numbers to the accounts.  the magic numbers are critical.  I use what Petko teaches here to create the magic number, but the middle 3 numbers are the batch number that allows me to group certain ea’s together.

I can filter the trades from the demos with any of the filters, I can set using days and trade no. I have 3 different time / trade periods and can also select top 10,20 etc….

[richard]

Could you post your results please Charbel…..  Interested to see if they are similar to mine….

[richard]

[richard]

I had similar  concerns when I first started using EAS.  I “borrowed” some code from the other forum and played around with it till it did what I thought it should do.  It prevents the EA from entering / exiting if the spread is above a preset level. If you are not in a position and price spikes you will not be entered into the position until spread drops below your preset level and if you are in a position you won’t get taken out with a spike.

I am not a coder so you will have to verify that it is working correctly in saying that I carried out many side by side tests and I believe it is working correctly.

I found that initially the spread protection does make the EAs more profitable but after a while it averages out to a similar level as the EA without spread protection.  I have not used it for a while but will start to again as I am looking at running Live accounts for shorter periods of time and it may be beneficial.

This code is for the portfolio EAs and will probably be slightly different for the std EAs.

Settings are in points so I normally use 30 for 3 pips.

So, open up the Portfolio EA with meta editor.

and copy in this line as shown:

static input int Maximum_Spread = 30; // Maximum Spread (points)

 

 

Then these line as shown:

//Add protection maximum spread
if(Ask-Bid>_Point*Maximum_Spread)
return;

 

See image in next post

 

Compile and save.

Run some side by side tests and see how you go…..

 

[Author]

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