Thread: Ilan16_PipStepRSI

I can not find this Ilan16_PipStepRSI EA!

Originally Posted by wannaberich

I can not find this Ilan16_PipStepRSI EA!

wannaberich,

Here's the link to the thread where you can find this EA: http://www.tradingsystemforex.com/ex...e-feature.html

rptrader

Thanks for the link

Originally Posted by rptrader

wannaberich,

Here's the link to the thread where you can find this EA: http://www.tradingsystemforex.com/ex...e-feature.html

rptrader

Originally Posted by mikaka

Hi
Here a statement from this great EA

Regards

Mikaka,

Which version, tf, and settings are you using? TIA! :-)

I just did some backtests on this EA and no matter what settings i use my account eventually blew up and i was using the lowest risk settings possible, not one i would be trading on live!

I've only seen good things from this EA in forward testing, but I'm sure optimization for a particular pair is the only way forward with this EA and any other for that matter.

One or two years of backtesting isn't enough, and even then, you have the issue of % drawdown, which may be unrealistic in a live setting.

I think very few EAs could survive a ten year backtest at less than 30% drawdown. There are a few, (mainly the commerical ones) but not many.

well that maybe so, however when it comes to martingale systems it does not take much for a profit to turn into a huge loss if you are not carful

Originally Posted by Neo-Rio

I've only seen good things from this EA in forward testing, but I'm sure optimization for a particular pair is the only way forward with this EA and any other for that matter.

One or two years of backtesting isn't enough, and even then, you have the issue of % drawdown, which may be unrealistic in a live setting.

I think very few EAs could survive a ten year backtest at less than 30% drawdown. There are a few, (mainly the commerical ones) but not many.