leeb77

This point alone can save you thousands

Always forward demo test a system before going live no matter how good a backtest appears!

Hi Dannydo786 - you will never feel satisified trading someone else's system you have to develop one using your own style and working time possibilties / time zone etc.. you can take the building blocks from this thread which have taken me many years to do so and I will try to answer any questions.

Also consider if you are using trailing stops etc.. your backtest needs to be very accurate as the direction (intra bar movement) means that the trail may or may not have been successful hence my mentioning tick and accurate backtest platforms.

another important lesson - always backtest over a long period of time, eg: for a system to qualify I test with a least 3 or 4 year backtest on MT4 then right back to 10 years. I will then verify at tick level. Something else: How do you make your systems when market conditions change? Eg: Sideways to Trend etc.. this is why most systems fail over the long term and many are curve fitted.

Appreciate those who clicked on the 'Thanks' button, please continue to do so if you appreciate what I share. Regarding the posts above:

Freddy: I feel what I have learnt is also very valuable to intermediate/advanced traders as well as newbies so newbies aren't the only audience I hope to address.

CiDER: Thanks for all your great shares, appreciate all you do for this forum and I've clicked your Thanks button in the past. Regarding backtesting this is a large part of what I'm saying regarding many thousands of hours to learn - basically I was using Metatrader and learnt a lot about how the strategy tester only goes down to 1min bars and uses fractal interpolation for the rest, this has shown me some of the results can be misleading. I've recently started using Sierra Charts which has more extensive (and to tick level) backtest facilities for a very reasonable price. I still use Metatrader to trade but need backtesting to be confirmed by another means. I also use MultiCharts.

Hi everyone

 

As a thank you for all the great shares on this site I would like to share what I have learnt from over 10 years of very hard work studying the markets and trading systems and indicators as well as custom programming many of my own. Please don't underestimate what I'm saying just because I'm not sharing a system - the key is to develop one which suits your own personality and many of the commercial systems (especially Metatrader) are curve fitted or don't work as backtested - trust me this comes after thousands of hours of live trading and backtesting.

I think what I am discussing here can save the newbie at least five years in experience and lots of lost capital.

The Metatrader tester is fundamentally flawed. I can post some results which show a $10k account going to millions in months, yet in reality it won't work live. However Metatrader is a useful trading platform, I would just strongly recommend backtesing on another platform to verify.

OK so that's part one... if I see a few people appreciate what I'm offering and click on thanks in my profile I will share some more, this really is gold if you can trust what I'm saying - I have spent thousands of hours learning the hard way... hope to save some of you guys that trouble.

Could you upload the TradeStation version please?

Hi Aroman, I have been guilty of downloading without clicking thanks in the past, but your post made me think about this, am grateful for your (and others) generous sharing, it's what makes this forum great - thanks given

Hi, after extensive backtesting this EA seems really promising, if anyone can upload a fully functional version it would be appreciated - the DLL needs to be educated as it only works on backtest and no live accounts not even demos! Thanks

83% maximal drawdown on his video - !!!! warning!

I can get EA Kain working on a demo and forward testing but not on a live account, any ideas? Thanks

Hi

 

Could someone post a link to The Fractals Edge (QuantumFutures) MetaStock Plug-in?

I have some ideas to use with this which I think will be very profitable and share on upload.

 

Thanks x1000

Does anyone have The Fractals Edge plugin for Metastock, I have seen some evidence that it is very profitable. Please share the system if you have it :-)

Guys don't waste your money - too risky - I too have requested a refund after big losses

This looks close to the Holy Grail -

Does anyone have or code anyone code Tic Tac's FFT End Point Indicator from the thread:

 

http://www.forex-tsd.com/suggestions-trading-systems/23257-tic_tac-great-idea-no-more-guessing.html

 

Thanks

Hi Soundfx - thanks for your advice - I have the EA working now - will let you all know if the results are good...

I keep getting the 'incorrect start position 2048 for arraymaximum function' in the expert tab - any ideas? Thanks

Hi SoundFX and everyone thanks for your work on figuring out this EA - can some provide the EVM+Fibo.mq4 indicator please?

I understand you don't want to share your system which has taken a lot of hard work but could you share how you optimize or give some details about that, this way you keep your system secret but give something very valuable to the community - also in return I can show some results from a similar system I have, already made 10% in a live account in a week.

Re: (REQ) Amazing indicator EXP/MQL Decompiler

 

Hi Deadsoul,

 

Thanks for that - it is not those indicators I require although they are linked to this - they are just indicators- this shows how those indicators should be used which is the really holy grail and amazing stuff - if you can decompile the exp I sent the link for that would be great.

Re: (REQ) Amazing indicator EXP/MQL Decompiler

 

Have uploaded - please decompile this exp file (MT3) format and I will explain the system - it is the best I have seen if used correctly - and I've seen LOTS!!!

 

http://www.forexsharing.com/818215

Re: (REQ) Amazing indicator EXP/MQL Decompiler

 

Well, OK - it's not really useable without an explanation from me anyway- but if someone can upload decomplied version I will explain the way to use it - a profit factor of around 4 this is an amazing method...

Hi guys,

 

Great forum. I have found an interesting indicator but it's in Metatrader 3 format of EXP - are there any decompilers which will work on this older format? Please let me know and I will discuss indicator... It's different to anything else out there.

 

Thanks

Re: Tadawulfx chart problem please Explaine why ???

 

robotfx2 - I would respectfully suggest you should know about the spread before trading you need to know the basics, Tadawulfx have always been very honest with me - please learn the facts before accusing them of being a scam !

Re: (sharing) Victory EA - nice performance!

 

Same here - backtest results not great with 90% data !