[Jay-r Yuzon]

Yes, longer-term, I will definitely go into having a computer dedicated for algo trading.  The VPS is more of a temporary option.

Cheers,

[Jay-r Yuzon]

It’s alright Bart.  At least, the good news is it’s lesser work to be done. Lol.  I’m kidding. I love working =)

Cheers,

[Jay-r Yuzon]

Hi Petko.

Can you elaborate more on what you said regarding pausing the EAs around the NY?

I have difficulty relating it with regards to excluding data during the last week of Dec up to first week of Jan.

Kind regards,

[Jay-r Yuzon]

Thanks for pointing that out Petko. The number of bars for the M5 timeframe was actually hindering me from generating strategies for that
timeframe. Now that I actually have 200,000 bars, I’ll try it out.

Yes, I was not surprised by the fact that other assets have different number of strategies generated into the collection given that the market is dynamic. Just curious though on what your take is on the quantity of the generated strategies in relation to its profitability. After generating strategies using the softwares for a good period of time, what does your experience have to say? Did you happen to observe any correlation between the quantity relative to the profitability?

Cheers,

[Jay-r Yuzon]

Hi Petko,

Yes, no problem. Here it is:

AUDUSD 37
EURGBP 15
EURJPY 18
EURUSD 21
GBPUSD 21
NZDUSD 22
USDCAD 15
USDCHF 9
USDJPY 13

* I did not include EURCHF since the number of bars available to test were insufficient.

Historical data:
Source of data: Metatrader-Demo
Timeframe: M15
Testing periiod: More or less ending date is at 10/25/19
Bars: 100,000
Strategy Properties:
Lots: 0.01
SL: Always use. Fixed or Trailing. Range: 10-100
TP: Always use. Range: 10-100
Generator settings:
Working minutes: 500
Search best: Net Profit
OOS: 20%
Acceptance Criteria:
Complete Backtest
Min. Backtest Quality: 98
Min. Count of trades: 300
R-squared: 70
Profit factor: 1.2
In-Sample
Profit factor: 1.1
Out-of-sample
Profit factor 1.1
Monte Carlo:
Count of tests: 20
Validated tests: 80%
Monte Carlo tests:
BOTH tests under Strategy Variation

I hope that helps.

Cheers,

[Jay-r Yuzon]

Thanks Petko.

That’s exactly what I’m doing. I think it’s a good idea to diversify collection of data from different brokers, just in case something happens.

Cheers,

[Jay-r Yuzon]

Oh =) I’m sorry Andi, my bad!

Thanks for mentioning that Petko. I’ll see what I can do how to fix this based on what you said.

Cheers,

[Jay-r Yuzon]

No problem, Petko =)

1. Noted. Thanks

2. Yes, I’m asking on what I’m going to write in the inputs after the script is placed on the chart but prior to the time I click to export the data.
For example, suppose I’ll be using Pepperstone and I’m going to export the data of EURUSD (a currency pair), and suppose the commission of Pepperstone for ROUNDTURN is 8USD, should I write in the input 8USD? or simply 4USD? Based on what you’ve mentioned, it would be 8USD, isn’t it?

3. That makes sense though. I actually like the principle behind that practice.

Cheers,

[Jay-r Yuzon]

I see.  Yes, that’s what I guessed regarding optimizing the strategies—having the risk of over-optimization.

With regards to what you’ve mentioned that I can still do a lot more things if I get to see totally different results, would you mind expounding on that? I’m interested to hear what your thoughts on that.

Yes, what Petko is doing is very commendable when it comes generating the EA’s for the courses that could be potentially used for different brokers.

Kind regards,

[Jay-r Yuzon]

I like how you described it Bart… “the more this asset is suitable for the strategies generated by EA Studio”

That’s basically what I was trying to say.

The reason why I asked this is because after generating strategies for 8 different currency pairs (with the same period of time, same number of bars, same timeframe, same parameters in the generator, same monte carlo, etc), 1 currency pair had 37 collected strategies while the rest was generating in between 10-20 strategies into the collection.

Additionally, I just want to mention that I ran EA Studio separately for the different currency pairs just to make sure the speed is not a factor that could have affected the number of generated strategies.

Cheers,

[Jay-r Yuzon]

Thanks for sharing your thoughts Bart.

Yes, I’m a believer of more count of trades too.

Just wanted to ask the question because of the uncommon randomness of the price action in the period I mentioned above relative to what is happening the rest of the year.

Maybe I’m having some concerns because I’m planning to generate some strategies with M1 as the trigger chart.  And when using the M1 timeframe, Petko suggested to use 300,000 bars.  If I’ll include the period above-mentioned (2 weeks, which means 10 trading days), it would mean that 14,400 M1 bars would form part of the 300,000 bars.

14,400 bars is 4.8% of the 300,000 bars.  It’s not a lot though.  Nonetheless, I just wanted to ask what other traders think.

And thanks for sharing regarding the FSB Pro.  I’m still practicing on EA Studio as of the moment since I’m still new with the trading softwares.   But yes, I could actually do it through that method. I’ll do that.

Cheers,

[Jay-r Yuzon]

No worries Petko. And yes, I’m aware in not promoting anything in the forum, especially brokers.

Thanks for making that clearer. With regards to trading a live account, don’t worry I have no plans in doing it just yet, it’s more for data collection purposes instead of trading live already. For my manual trading, it took me 1.5 years to stay on demo before being consistent enough to go live.

Yes, I’m already starting to collect data from my other broker and JFD-demo, and currently, I’m contemplating of collecting JFD-live data as well.

Thanks again for making it clearer.

Cheers,

Jay-R

[Jay-r Yuzon]

Hi Petko,

My VPS was rebooted because of memory overload.

Yes, VPS reboot would affect the EAs performance. While I do know how to automatically launch the MT4 terminals after a reboot
(which I disabled for the moment), I’m just concerned why the timeframes were changed from M1 to H1 after the reboot.

This made me a little bit suspicious as to how that happened.

Cheers,

Jay-R

[Jay-r Yuzon]

Thanks for the response Petko.

A. Yes, that makes a lot of sense.

So for the parameter of 5 count of trades with profit factor of 1.2, do you apply this for all timeframes?

Since the smaller the timeframe (e.g. M1 and M5) it would be more active, and the 5 count of trades could be met earlier; conversely, the higher the timeframe the more time it takes for the 5 count of trades to be met.

B. I believe I was referrig to the Forex Strategy Course where there was a discussion under the comments section regarding which value to use (one-way or roundturn) when exporting data from the chart by using the scripts.

Right. You did mention that in the stock market course. For currencies, however, do I need to put the one-way or two-way value when exporting data using the script?

C. Petko, I think you may have overlooked my question regarding the Stop Loss =)

Yes, and I love the transparency. This is actually what makes you very different (in a good way) as a mentor because you care about explaining the
rationale about what you do to your students, and not just how you do things. Don’t worry, I love experimenting. I’ll do lots of those later on after
understanding the principles behind why you are doing what you are doing. As much as I love experimenting, I also do my best to not reinvent the wheel.

Cheers,

Jay-R

[Jay-r Yuzon]

That’s interesting.  That would be a very good upgrade to the software.  Thanks Petko.

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