Topic: Questions about Generator

Dear popov
i will start my Questions with an example to clarify my points
iam testing a very simple strategy which is (open trade at the open of I hr bar and close it at the close of the same bar )

1- opening point of the position ( Entry hour ) then i will select an hour lets say 5.00
2- opening logic condition ( open once)
3- closing point of the position( Bar closing)

i want to test that strategy for all Hrs (0:00 ,1:00,2:00,.............23,00) how can i make the generator to test this strategy with out using other indicators , and to test every hr one time with buy and the other time for sell ???


http://s3.postimage.org/dL3ki.jpg

Re: Questions about Generator

Dear Popov
In this post i will ask about Balance equity chart
in the attached picture a balance equity chart for a strategy i made without the generator

and as you see the green and red lines for long and short trades ( the long trades performed better than short trades , am i reading that chart right? ) and if that the case we can use this strategy only for long trades only ( using double lots per each trade) it will gives me better results????


http://s1.postimage.org/Fpn0i.jpg

Continue to next post for more questions
Thanx

Re: Questions about Generator

In the help section ( generator page) i read that we can fine tune our strategy with generator
so i blocked only the ross hook and also uncheck all the options in the generator to make it free find the best system ( is that a right thing when using generator!!)
As you see the result is much more better ( but the drowdown is huge )

So is that the 1st performance indicator for the generator is the balance ? and if so what is the second and therd indicators ( as there importance )?

http://s3.postimage.org/hYJhS.jpg


Another Question:  how to change the balance chart from pips to Value $?

Thanx
Regards

Re: Questions about Generator

1- opening point of the position ( Entry hour ) then i will select an hour lets say 5.00
2- opening logic condition ( open once)
3- closing point of the position( Bar closing)

i want to test that strategy for all Hrs (0:00 ,1:00,2:00,.............23,00) how can i make the generator to test this strategy with out using other indicators , and to test every hr one time with buy and the other time for sell ???

- Entry and Exit points are OK but "Open Once" is not necessary here.
You can set this on 1h chart. Set your Stop Loss and Take Profit and your trade volumes. After that open the generator and lock the slots.

http://s1.postimage.org/GrF9S.jpg

The generator may find a profitable strategy.


http://s3.postimage.org/j9m69.jpg

After that you can load the strategy in the  Optimizer and include the "Entry Hour" for optimization. In that way the Optimizer may find a better entry hour.

http://s4.postimage.org/7izsi.jpg

Re: Questions about Generator

In this post i will ask about Balance equity chart
in the attached picture a balance equity chart for a strategy i made without the generator

and as you see the green and red lines for long and short trades ( the long trades performed better than short trades , am i reading that chart right? ) and if that the case we can use this strategy only for long trades only ( using double lots per each trade) it will gives me better results????

It's not good to trade long only or short only. Your strategy must perform well in both directions.
If you know the trend you can trade in its direction but the problem is what is the trend and when it finishes. It's better to use an indicator that filters the trades in the desired direction.

Some examples:

Moving Averages (150) - The bar opens above the MA.

Moving Averages Crossover (150, 50) - The Fast MA is higher than the Slow MA.

ADX is higher than 35.

Re: Questions about Generator

Another Question:  how to change the balance chart from pips to Value $?

Use Account menu:


http://img189.imageshack.us/img189/7717/menuaccount.png

7 (edited by ahmedalhoseny 2009-12-17 04:56:58)

Re: Questions about Generator

Thanxxxxxxxxxx Popov AND KEEP THAT GOOD Smile  smile

1- (Permanent Stop And Tp) and also (Exit market at the end of the same bar) is that mean if the Sl or take profit happen before the close of the bar so the trade will be closed?

2-Can we make the maximum drawdown as a % of the excisting account (ex. maximum drawdown of excisting balance=15% )

http://s3.postimage.org/kgr40.jpg


A request :
1-May you Add to the final report another measure ( How many losing trades in row, how many winning trades in raw )
2-May you add Win/loss ratio as a filter in the generator limitations!!

Regards