Thread: PentzParabolic v1.0

Originally Posted by ppentz

Wow, I'm afraid I have to disagree. Back testing 10 years is meaningless. Going back more than a year is meaningless. All you're doing is eliminating a lot of profitable EAs.

nonsense, anyway, its your money to lose

Originally Posted by onu

nonsense, anyway, its your money to lose

That's true. I do appreciate the warning. It does have Money Management if things go against it. But the only 100% reliable test is a forward test with a live account. Even a demo account isn't totally accurate.

Originally Posted by ppentz

That's true. I do appreciate the warning. It does have Money Management if things go against it. But the only 100% reliable test is a forward test with a live account. Even a demo account isn't totally accurate.

thats correct, but to get highest posible safty for your money make some random backtest on datas of the last 3 years, beside the 10y backtest..u will be surprised!

Thank you
Randy

Originally Posted by ppentz

Both go in the Expert folder.

Originally Posted by onu

thats correct, but to get highest posible safty for your money make some random backtest on datas of the last 3 years, beside the 10y backtest..u will be surprised!

Not too surprising, really, because it's not optimized for those conditions. It's optimized for recent conditions.

Originally Posted by ppentz

Not too surprising, really, because it's not optimized for those conditions. It's optimized for recent conditions.

If only it was optimised for future conditions hey?

Originally Posted by ppentz

Not too surprising, really, because it's not optimized for those conditions. It's optimized for recent conditions.

As it is a martingale there is no way around to find a set up for all conditions. Past , present AND future. And than put three times more money in the account, just for the unforeseeable worst case.

If u don't get this u will learn it the hard way...as I did

There's a pretty simple solution ... if you don't have confidence in it, don't use it!

Originally Posted by onu

As it is a martingale there is no way around to find a set up for all conditions. Past , present AND future. And than put three times more money in the account, just for the unforeseeable worst case.

If u don't get this u will learn it the hard way...as I did

Originally Posted by onu

As it is a martingale there is no way around to find a set up for all conditions. Past , present AND future. And than put three times more money in the account, just for the unforeseeable worst case.

If u don't get this u will learn it the hard way...as I did

What you're talking about is the holy grail, and it simply doesn't exist. You may have an EA that can pass 10 year back tests, but that is still no guarantee it will continue to profit into the future. Every EA has weaknesses. Let me repeat that ... Every EA has weaknesses. Just like every trader wins and loses trades because no trading method is infallible. Of course my EA can wipe out an account, but I've taken a lot of precautions to avoid that. It has several parameters that can be changed to make it run safer or more dangerous, depending on the mind set of the trader.

I'm sharing this because I think it has potential to be very profitable. I'm not trying to sell it, people can use it, or not use it at their discretion.

Of course I don't use it, bc i don't need it as u easily can see on my portfolio.
pc8multifx's page | Myfxbook
My systems are full adaptive after many years of development together with trader friends. They contain marty elements and hedges instead of stop loss.

What i try is to give u some of my experiences with marty systems. Not less, not more. If your ego doesn't allow this, sorry, I had good intentions..

I wish u the very best and good luck on trading!