SharePosts by SaltyWaters
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At least Forex Genie is offering to teach for free what he knows, regardless if he knows a little or a lot, while you guys are just bashing.
Is that what you guys do best?
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Facebook is a place where people throw books in the face of each other.
Almost like here with the difference here they throw Demo pips to each other. [lol]
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If one is a successful trader I'm pretty sure one can afford $200 just for fun. It's not gonna hurt him.
My "Take the money and run" just for fun account: http://www.myfxbook.com/members/SaltyWaters/changedirea-v10/403879
Cheers [smiley]
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The "Trick or Treat" guy has a solid point. It's not a matter of "do you wanna go back to the past" but if an EA is not able to pass the recession bumps that happened in the past more likely will crash when faced with similar market conditions. But then again no past tests can guarantee the future.
Using my systems as an example:
Here is an example of a 2010 - 2012 backtest: http://www.myfxbook.com/strategies/changedirea-v10/24944
and
Here is an example of 2005 - 2012 backtest: http://www.myfxbook.com/strategies/changedirea-32/27053
The first one ChangeDirEA v1.0 wit......
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High frequency trading + Backtest and Demo account only = Gone with the Wind!
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If you don't compound and you don't increase the lot size indeed your risk is reduced.
When compounding the risk will be the same as when you started all along the way regardless.
It's only risky if you do the math wrong and your compounding formula is screwed up.
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It happens to all of us. Though I think there's still a chance that it will go there with the bounce from the fibo line - nevertheless the pressure seems to be down.
http://www.myfxbook.com/files/SaltyWaters/Screen_shot_20121004_at_3.59.38_PM.png
Cheers
[quote]CrazyTrader posted:
[quote]SaltyWaters posted:
Nice advice CrazyTrader! [lol]
Look again, the USDCAD is sinking!
[quote]CrazyTrader posted:
That's very nice... but that means those EA are not really good.
By the way... If I could give an advice it will be: Don't wait too long to close your 2 shorts trades on USD/CAD as a ......
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Nice advice CrazyTrader! [lol]
Look again, the USDCAD is sinking!
[quote]CrazyTrader posted:
That's very nice... but that means those EA are not really good.
By the way... If I could give an advice it will be: Don't wait too long to close your 2 shorts trades on USD/CAD as a trend going up have just started.[/quote]
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I believe "FREE" is good for all. [smiley]
I've just shared some code myself. Check previous post.
Cheers.
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MT4 Backtesting - How to use your own FXT files (NOT MT4 generated data) In General Oct 03 2012 at 22:12
OK, so you may have some tick data in FXT files that you’d like to use for backtesting, but each time you start the test, the files are overwritten.
Here’s a quick workaround. Place the FXT files in your tester/history folder, and rename them all with “x” in the front.
Then add this simple code to your EA before start() function..
(Go here for the free piece of code: http://bit.ly/Vie1Z6 )
What is does is after the MT4 generates the new FXT file, it copies your file over the MT4 generated file, and then it will proceed with the testing using your data.
Cheers.
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