Page 2 of 3 FirstFirst 123 LastLast
Results 11 to 20 of 21
 4 Attachment(s)    

Thread: Level Trading 123

  1. #11
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    Yes i have notied that also still i am just doing a short term backtest using martingal and it looks quite profitable, i am very impressed! it looks like a very good EA because even though it gets losses, it does not have a lot in a row, if you use martingale it returns to a good profit with very litte DD also!

    Anyhow i am sure it can be improved at least it has the potential to be something good

    Quote Originally Posted by BillR View Post
    Hi Funyoo....and All.
    I'm trying to backtest and optimize this Indicator with EA. What do we know of the "Setup" parameter definitions??? I have it making trades ....but I think it would work much better if the EA would place orders when a new line appears... It currently is making them after most of the profit is already behind us. Thanks BillR
    Last edited by wannaberich; 05-03-2009 at 04:37.

  2. #12
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    Here is a the level backtest, yes i know it has NA for model quality, the reason why i have only done a very short backtest with not a lot of data history.

    Still it does at least show how this EA has the potential to be good.

    When i get time and download more data history, then i can do a few years backtest with 90% model quality
    Attached Images Attached Images Level Trading 123-level-gif 
    Attached Files Attached Files

  3. #13

    Default

    WBR Yes it looks good...The basic concept is solid but a little "insight" as to it's strategy would save us a LOT of time getting to actual results so we can accurately evaluate it. I'll keep you posted of any success too...BillR

  4. #14
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    I will do the same. Backtests can be good, however the best way to test is on forward. I am going to test on forward for the next month and will post my results at the end. I am going to use very low risk settings, so don't expect much profit if any, will be interesting to see

    Quote Originally Posted by BillR View Post
    WBR Yes it looks good...The basic concept is solid but a little "insight" as to it's strategy would save us a LOT of time getting to actual results so we can accurately evaluate it. I'll keep you posted of any success too...BillR

  5. #15

    Default

    thank you funyoo

  6. #16
    Junior Member
    Join Date
    Aug 2009
    Posts
    1

    Question

    Quote Originally Posted by wannaberich View Post
    I will do the same. Backtests can be good, however the best way to test is on forward. I am going to test on forward for the next month and will post my results at the end. I am going to use very low risk settings, so don't expect much profit if any, will be interesting to see
    Hi wannberich.... any updates please regarding tests and tweaks!
    Guys ..Why this thread has gone dead?

    Regards

  7. #17
    Junior Member
    Join Date
    Jun 2009
    Posts
    10

    Default

    Knows someone at that distance is active martingale?
    Last edited by 45weeks; 12-01-2009 at 16:35.

  8. #18
    Junior Member
    Join Date
    Nov 2009
    Posts
    1

    Default

    Hi Funyoo,
    Can you create an EA for High_Low[ZigZag],barn:20,Length:1.When a cross up,it sells,when a cross down,it closed sell order and open a buy order vice versa.I think the best timeframe is D1.

  9. #19
    Junior Member
    Join Date
    Jun 2010
    Posts
    1

    Thumbs up

    [QUOTE It doesn't repaints, it's like the High - Low Zigzag.

    You have to enter a buy order when a red cross appears, a sell order when a blue cross appears. Then I suppose that the dot lines are for SL and TP.[/QUOTE]

    Great indicator ! Many thanks to you !
    Ah, how to remove " dot lines are for SL and TP " ? Sorry, but I don't like it.
    Please help me ! Thanks !

  10. #20

    Default

    Good!very good!thanks

Similar Threads

  1. Next Level In Fx
    By TREND RIDER in forum Ideas for expert advisors
    Replies: 4
    Last Post: 12-24-2009, 05:54
  2. Level Scalper v4
    By funyoo in forum Expert advisors live statements
    Replies: 1
    Last Post: 11-26-2009, 20:33
  3. Scalp Level
    By duit in forum Ideas for expert advisors
    Replies: 12
    Last Post: 01-13-2009, 17:06
  4. Level Scalper
    By magidkaramy in forum Ideas for expert advisors
    Replies: 8
    Last Post: 12-13-2008, 05:46

Tags for this Thread

backtest, ex4, high, how to, indicator, indicators, level, low, martingale, mql, mt4, profit, profitable, sells, short term, signals, stop, strategy, thank you, time, trading

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •