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Thread: Ilan16_PipStepRSI

  1. #1
    Administrator funyoo's Avatar
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    Default Ilan16_PipStepRSI

    EU M1

    Total net profit : 0.04%
    Open trades : -0.32%
    RDD : 0.00%
    Attached Images Attached Images Ilan16_PipStepRSI-detailedstatement-ilan16_pipsteprsi-eu-m1-gif 
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  2. #2
    Administrator funyoo's Avatar
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    Default

    EU M5

    Total net profit : 0.02%
    Open trades : -0.15%
    RDD : 0.00%
    Attached Images Attached Images Ilan16_PipStepRSI-detailedstatement-ilan16_pipsteprsi-eu-m5-gif 
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  3. #3

    Default

    Hi
    Here a statement from this great EA

    Regards
    Attached Images Attached Images Ilan16_PipStepRSI-ilan16-pipsteprsi-h1-fxdd-gif Ilan16_PipStepRSI-ilan16-pipsteprsi-h1-insta-gif 
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  4. #4
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    Default

    I can not find this Ilan16_PipStepRSI EA!

  5. #5

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    Quote Originally Posted by wannaberich View Post
    I can not find this Ilan16_PipStepRSI EA!
    wannaberich,

    Here's the link to the thread where you can find this EA: Ilan 1.6 improved/must have feature

    rptrader

  6. #6
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    Thanks for the link

    Quote Originally Posted by rptrader View Post
    wannaberich,

    Here's the link to the thread where you can find this EA: Ilan 1.6 improved/must have feature

    rptrader

  7. #7

    Default

    Quote Originally Posted by mikaka View Post
    Hi
    Here a statement from this great EA

    Regards
    Mikaka,

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

  8. #8
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    Default

    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!

  9. #9

    Default

    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.

  10. #10
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    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

    Quote Originally Posted by Neo-Rio View Post
    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.

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