
Originally Posted by
Chilibowl
MT7,
Thanks. I erroneously used Funyoo's original EURUSD set, rather than running as is. However, those open trades for AUDCAD did, in fact exit, very pofitably w/ reverse=true, 90 SL and 15 TS! There IS a dynamic feature of some sort that worked well, as TS never showed up. This was on IBFX and my tampering with the EURUSD set file for 5 digit probably does have something to do with the TS missing. Does the TS actually show up on the trades when you are forward testing?
After I read your 2 most recent posts, I tried to go back and copy the trades to post, but I got home from work too late and the entire month of July trade history was cleared out, but for the record the dynamic exit that you spoke of is very true, and that is what happened on those trades! The trades (there were 5) closed with approx. +45 to +62 pips each.
I have finally figured out that IBFX switched to 5 digit only a few months ago, so price data was limited. That was a factor in my previous backtesting, as was my tampering to change to 5 digit (apparently it was completely unnecessary, as you said). I don't know that I have the computing power to thoroughly use the process you elaborated upon in your earlier post, but downloaded available data and began backtesting GBPUSD M5 and am seeing optimization results as I write. Hopefully I can subscribe to a VPS in the near future.
I had some loss trades on another pair, but that was using other sets that were posted, along with my unnecessary 5 digit tampering process. Those, in fact did utilize the 90pt SL.
Thank you for posting about that testing process. I am not a very scientific person and that is the best elaboration for a scientific process that a layman like me has read. I think I actually understand most of it, and the first part alone has already enabled me to get optimization results on IBFX!
I read an MQ4 article on Ichimoku and manually tested the strategy several weeks ago. I did not have much success because of the time and wait factors. It is amazing to me that it has forward tested with good results for GBPUSD and GBPJPY without reverse and for several pairs with reverse enabled.
I think I do have the computing power to forward test for several pairs on Alpari, using that EA alone and will start this week and post results.
Thank you again,
Chili