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Forex systems backtest manual by Haridas June 2009


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I was doing some tests for myself...but I wanted to share something with this great forum and maybe it will be useful for you.

 

Few tests of paid forex systems. Length 1 month, 4H timeframe.

 

OK, I kicked out the repainting systems. What a crap!

 

Here is what left!

 

http://i614.photobucket.com/albums/tt229/Haridas100/forex%20laboratory/anti-repaint.jpg

 

Updates also at the end

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Re: Forex systems test manual by Haridas June 2009

 

Update v1.1 and surprise - free system is the best! :!:

http://www.mediafire.com/?d5tzzzz2dny

Thank you for posting the results. I assume that in your report, "up/down" mean "buy/sell"? How did you do the manual test? Going through bar by bar, or do you have some software to help you zipping through all these systems?

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Re: Forex systems test manual by Haridas June 2009

 

Is this the winner system ?? :

The "So Easy It's Ridiculous" System

Trading Setup

 

* Trade on daily chart (swing trading)

* 5 EMA applied to the close

* 10 EMA applied to the close

* Stochastic (10,3,3)

* RSI (14)

 

 

Trading Rules

 

Stop Loss = 30 pips

 

Entry Rules

Enter long if:

 

1. The 5 EMA crosses above the 10 EMA and both Stochastic lines are heading up (do not enter if the stochastic lines are already in the overbought territory)

2. RSI is greater than 50

 

 

Enter short if:

 

1. The 5 EMA crosses below the 10 EMA and both stochastic line are heading down AND (do not enter if the stochastic lines are already in oversold territory)

2. RSI is less than 50

 

 

Exit Rules

Exit when the 5 EMA crosses the 10 EMA in the opposite direction of your trade OR if RSI crosses back to 50.

 

 

By datom

I'm my own enemy.....
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Re: Forex systems test manual by Haridas June 2009

 

Is this the winner system ?? :

The "So Easy It's Ridiculous" System

Trading Setup

 

* Trade on daily chart (swing trading)

* 5 EMA applied to the close

* 10 EMA applied to the close

* Stochastic (10,3,3)

* RSI (14)

 

 

Trading Rules

 

Stop Loss = 30 pips

 

Entry Rules

Enter long if:

 

1. The 5 EMA crosses above the 10 EMA and both Stochastic lines are heading up (do not enter if the stochastic lines are already in the overbought territory)

2. RSI is greater than 50

 

 

Enter short if:

 

1. The 5 EMA crosses below the 10 EMA and both stochastic line are heading down AND (do not enter if the stochastic lines are already in oversold territory)

2. RSI is less than 50

 

 

Exit Rules

Exit when the 5 EMA crosses the 10 EMA in the opposite direction of your trade OR if RSI crosses back to 50.

 

 

By datom

 

 

I think so. This looks like an easy system that can be made into an EA. :evil:

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Re: Forex systems test manual by Haridas June 2009

 

Yes, this is the winner so far. I am not ending this contest yet.

You can maybe propose some manual system which will beat this one?

 

Yes, I was doing it manually, bar by bar as if I was trading.

 

I assume that in your report, "up/down" mean "buy/sell"?

Yes

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Re: Forex systems test manual by Haridas June 2009

 

... This looks like an easy system that can be made into an EA. :evil:

Yeap, quite easy so here it is

http://www.forexsharing.com/407394
pass:ryaz

And I don't thing its profitable so may you prove me wrong.

regards

 

 

PS. Never use RSI as a trend indicator

Ad augusta per angusta
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Re: Forex systems test manual by Haridas June 2009

 

Update v 1.2

 

I guess I found my favorites and using them with nice results... a lot of sold system is just trash....

 

SaneFX 951 pips

 

School of Pipsology - "So easy it is ridiculous" 789 pips,

 

Pallada v3.4 668 pips

 

Forex Sniper 667 pips

 

ProFX 626 pips

 

Forex dominion 618 pips

 

forex hit man - template beautiful-ema 562 pips

 

Forex Day Monster 494 pips

 

 

Detailed report:

http://www.mediafire.com/?lrhy5my24yn

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Re: Forex systems test manual by Haridas June 2009

 

hello :)

so how do you use it buddy?

for instance sanefx. at their homepage they tell you to use a daily timeframe, but you used a 4 hour timeframe.

can I ask you about how you seht your stoploss and when you to set it at break even?

and what about the take profit level?

 

and what systems are you currently using with success and would recommend ?

best regards :)

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Re: Forex systems test manual by Haridas June 2009

 

Hi,

 

Obviously I used 4 hours, because in system manuals it was said one can use 4H too.

 

Stop loss was 50 pips if not specified in the system. I did not set break even. Take profit was according to the system. Sometimes set at the order and sometimes taken when indicators reversed.

 

I am using 3 first systems to enter and exit. If they confirm each other I enter. It is still not 100% but much better.

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Re: Forex systems test manual by Haridas June 2009

 

so like what I understand is, that you have 3 charts of one pair like eur/usd with three different templates ?

(in your metatrader 1 chart 4H the template of sanefx, in another 4H chart the template of babypips and the last with pallada)

 

and with all three combined you look if it is similiar so you can enter the trade right ?

 

what about the well-known "stealth forex" have you tested it yet ?

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Re: Forex systems test manual by Haridas June 2009

 

Update v 1.2

 

I guess I found my favorites and using them with nice results... a lot of sold system is just trash....

 

SaneFX 951 pips......................

 

Detailed report:

http://www.mediafire.com/?lrhy5my24yn

 

thx a lot for your work robin :-bd

 

you have also for month before , or you start right at the may?

 

anyway thats help me to make decision for my long term system, I will also start to trade 4H at my mt4 account

cheers

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Re: Forex systems test manual by Haridas June 2009

 

I am glad it helped you.

 

I did not do more tests. I did it for myself to choose some systems, which are at least performing in backtest. Now I have to throw away those which are repainting. I will be updating the tests...

 

 

ok, thx again

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Re: Forex systems test manual by Haridas June 2009

 

They are all over this forum, just go through

Trading Sistem & Backtest Indikator subforum and you will find.

 

This is the list.

 

4x Trading 1844 pips

 

<SaneFX> 951 pips repainting?

 

<School of Pipsology> 789 pips,

 

Pallada 3.4 668 pips

 

Forex Sniper 667 pips

 

Trend Magic 635 pips

 

ProFX 626

 

<Forex dominion> 618 pips

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Re: Forex systems test manual by Haridas June 2009

 

... This looks like an easy system that can be made into an EA. :evil:

Yeap, quite easy so here it is

http://www.forexsharing.com/407394

And I don't thing its profitable so may you prove me wrong.

regards

 

 

PS. Never use RSI as a trend indicator

 

Hi,

my first post so forgive me if I do something wrong.

I try to educate myself in Forex and right now I don't understand much but...

I run into some problem, mainly backtesting of the above EA

Did run backtest on H4 chart and to my suprize I have several contracts open on one bar:

 

169 2006.12.08 16:00 buy 85 0.70 1.3345 1.3315 1.3375

170 2006.12.08 17:12 s/l 85 0.70 1.3315 1.3315 1.3375 -210.00 9250.55

171 2006.12.08 17:12 buy 86 0.70 1.3317 1.3287 1.3347

172 2006.12.08 17:47 s/l 86 0.70 1.3287 1.3287 1.3347 -210.00 9040.55

173 2006.12.08 17:55 sell 87 0.70 1.3257 1.3287 1.3229

174 2006.12.08 18:28 t/p 87 0.70 1.3229 1.3287 1.3229 196.00 9236.55

175 2006.12.08 18:28 sell 88 0.70 1.3227 1.3257 1.3199

176 2006.12.08 18:35 t/p 88 0.70 1.3199 1.3257 1.3199 196.00 9432.55

177 2006.12.08 18:35 sell 89 0.70 1.3197 1.3227 1.3169

178 2006.12.08 19:26 s/l 89 0.70 1.3227 1.3227 1.3169 -210.00 9222.55

179 2006.12.08 19:26 sell 90 0.70 1.3225 1.3255 1.3197

180 2006.12.08 19:36 s/l 90 0.70 1.3255 1.3255 1.3197 -210.00 9012.55

 

why? what wrong?, where is the problem?

 

If I'm trading H4 (or any another time interval) the decision is made once after the bar (candle)

is formed and is valid till the next bar is formed, and contract if system decide to execute one,

should be executed only once and only in direction decided by system

 

I don't see any adjustment in the MT4 options so where I can adjust contract execution ?

 

Regs,

Lego

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Re: Forex systems test manual by Haridas June 2009

 

Unbelievable - I found even better system which is flawless. Guess what system this is before downloading. 1893 pips per month and no mistake!

Here are the results

http://sharebee.com/6099aa4a

 

And the NEW winner is:

http://sharebee.com/3a30b642

 

The chart:

http://i614.photobucket.com/albums/tt229/Haridas100/forex%20laboratory/Chart-Haridasforexlaboratoryv14.jpg

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