I set up mt4 with several pairs.. filtering them 5 different ways.... at the end of the test period.... we can examine which filter did whatever ie each pair has 5 strategies. haha I selected 5 filtering methods, there could have been many more, but 5 is a start. I will have to see where this leads.
I am not sure how long those will take to show results.
I think it is worth doing because EA Studio presents a lot of options that we did not have in the past with the multiple strategy EA's.
The sample will have many, many drawdowns, that is the way I have set things up. Huge Take Profit and small Stop Loss.
I want to see how to maximize the filtering on EA Studio ie. can I take the top 50 in this setup, or the top 10 in that setup.. the filtering on large samples should show significant variations.
What I am doing now is taking all that appear in 5 different sorts....... maybe refine that further once there is sufficent trades.
My hunch is that EA Studio has just ended portfolios of ten strategies, that people will be trading something like 1000 strategies at a time. The filtering in future is going to be different from what traders have been doing in the past.
Scalpers, I think, are going to become a dying breed...., as soon as they see the potential of EA Studio and learn how to harness it.
Most important, EA Studio will be the way to take the risk out of Forex trading, there will be a statistical probability of winning once we learn how to filter the output and spread the risk over a huge population.
Lastly, EA Studio will allow small traders like myself to use only one instance of MT4 for trading and be able to generate thousands of strategies to test overnight... without investing in complex computers.
Since I went to sleep, EA Studio has generated about 2,400 stratgedies for me to work with today, the odds are pretty good that some of them will be quite suitable... I like to run the thing more than 1,000,000 times to get a good selection of strategies. I guess I will have close to 4,000 between three pairs to work with in a couple hours.
This EA Studio will rock the strategy development world !
My 'secret' goal is to push EA Studio until I can net 3000 pips per day....