Burn EA (courtesy Russian Forums)

[halcyonn]

http://www.multiupload.com/0OZT8DEEBR

 

the uploaded file has the ea ,the indis,the optimisation set as this ea needs to be optimised time and again.it also has gbpusd tf 15 m tester of last two months wiith profit factor of 2.92 and a 47 percent gain witha 36 percent drawdown.

 

i see a few errors in backtesting but i could not quite understand the reason due to my incomplete understanding of the inputs.

 

 

the optimisation set has been made according to the suggestions for the ea on the russian forums

 

 

 

 

Strategy Tester Report

BURN_v1[1].2

AlpariUK-Demo (Build 226)

 

Symbol GBPUSD (Great Britain Pound vs US Dollar)

Period 15 Minutes (M15) 2010.07.08 08:30 - 2010.09.23 23:45 (2010.07.01 - 2010.09.24)

Model Every tick (the most precise method based on all available least timeframes)

Parameters x=" ----- Ñåññèÿ 1 ------ "; TimeSession1=1; DeltaPriceUP1=100; DeltaPriceDN1=100; TakeProfit1=100; StopLoss1=0; Lot1=0.6; Slippage1=3; TrailingStop1=10; TrailingStart1=20; DeltaTrailing1=5; SLReverseOrder1=false; VelosityON1=false; PeriodVelosity1=15; KoeffMartin1=1.5; Magic1=123321; xx=" ----- Ñåññèÿ 2 ------ "; TimeSession2=8; DeltaPriceUP2=100; DeltaPriceDN2=600; TakeProfit2=100; StopLoss2=0; Lot2=0.1; Slippage2=3; TrailingStop2=10; TrailingStart2=20; DeltaTrailing2=5; SLReverseOrder2=false; VelosityON2=false; PeriodVelosity2=15; KoeffMartin2=1.5; Magic2=123322; xxx=" ----- Ñåññèÿ 3 ------ "; TimeSession3=16; DeltaPriceUP3=600; DeltaPriceDN3=600; TakeProfit3=1000; StopLoss3=0; Lot3=0.1; Slippage3=3; TrailingStop3=10; TrailingStart3=20; DeltaTrailing3=5; SLReverseOrder3=false; VelosityON3=false; PeriodVelosity3=15; KoeffMartin3=1.5; Magic3=123321; DelHour="3,5,10,14,20,22"; WevesColor=White;

 

Bars in test 5495 Ticks modelled 1791313 Modelling quality n/a

Mismatched charts errors 14291

 

Initial deposit 10000.00

Total net profit 4790.82 Gross profit 7288.57 Gross loss -2497.75

Profit factor 2.92 Expected payoff 42.40

Absolute drawdown 3298.24 Maximal drawdown 3839.97 (36.43%) Relative drawdown 36.43% (3839.97)

 

Total trades 113 Short positions (won %) 36 (86.11%) Long positions (won %) 77 (80.52%)

Profit trades (% of total) 93 (82.30%) Loss trades (% of total) 20 (17.70%)

Largest profit trade 878.16 loss trade -818.16

Average profit trade 78.37 loss trade -124.89

Maximum consecutive wins (profit in money) 15 (1824.61) consecutive losses (loss in money) 3 (-300.79)

Maximal consecutive profit (count of wins) 1824.61 (15) consecutive loss (count of losses) -936.52 (2)

Average consecutive wins 5 consecutive losses 1

[halcyonn]

for optimisation.place the optimisation .set file in tester folder of your mt4.when backtesting for optimisation load the optimisation .set file from the tester folder into the tester.tick the optimisation box and optimise on open prices only.

 

choose the highest pf setting and then backtest the same settings on each tick.you can also try striking a balance between highest profit factor lowest drawdown and highest expected payoff and make a selection of settings from those optimised results.

 

the pf and profits will go down some in each tick method, but still you would get the best settings for next 2 weeks to one month.

 

repeat each 15 days or month to get best settings.

 

these instruction on optimisation are for the uninitiated!

Edited September 26, 2010 by halcyonn

[Guest David1713006337]

I want to acknowledge the excellent work and shares you have contributed on this forum. Thanks a lot and I hope you continue your outstanding work Halcyonn.

 

If you like my post, please show your appreciation a simple "Thanks" is enough for me..

Edited March 22, 2011 by David

[wesladf]

Thanks for sharing this man, is this EA only meant for GU alone. Or can we still make more test on more other pairs?

[halcyonn]

Wesladf i guess we can use it on other pairs too.

 

many thanx for your kind words David!

--

here is another backtest with optimised settings for a period of 2 months and 2 weeks.

 

 

Strategy Tester Report

BURN_v1[1].2

AlpariUK-Demo (Build 226)

 

Symbol GBPUSD (Great Britain Pound vs US Dollar)

Period 15 Minutes (M15) 2010.07.08 08:30 - 2010.09.23 23:45 (2010.07.01 - 2010.09.24)

Model Every tick (the most precise method based on all available least timeframes)

Parameters x=" ----- Ñåññèÿ 1 ------ "; TimeSession1=1; DeltaPriceUP1=100; DeltaPriceDN1=200; TakeProfit1=400; StopLoss1=0; Lot1=0.5; Slippage1=3; TrailingStop1=10; TrailingStart1=20; DeltaTrailing1=5; SLReverseOrder1=false; VelosityON1=false; PeriodVelosity1=15; KoeffMartin1=1.5; Magic1=123321; xx=" ----- Ñåññèÿ 2 ------ "; TimeSession2=8; DeltaPriceUP2=600; DeltaPriceDN2=300; TakeProfit2=400; StopLoss2=0; Lot2=0.1; Slippage2=3; TrailingStop2=10; TrailingStart2=20; DeltaTrailing2=5; SLReverseOrder2=false; VelosityON2=false; PeriodVelosity2=15; KoeffMartin2=1.5; Magic2=123322; xxx=" ----- Ñåññèÿ 3 ------ "; TimeSession3=16; DeltaPriceUP3=500; DeltaPriceDN3=400; TakeProfit3=500; StopLoss3=0; Lot3=0.1; Slippage3=3; TrailingStop3=10; TrailingStart3=20; DeltaTrailing3=5; SLReverseOrder3=false; VelosityON3=false; PeriodVelosity3=15; KoeffMartin3=1.5; Magic3=123321; DelHour="3,5,10,14,20,22"; WevesColor=White;

 

Bars in test 5495 Ticks modelled 1791313 Modelling quality n/a

Mismatched charts errors 14291

 

Initial deposit 10000.00

Total net profit 9394.75 Gross profit 10936.60 Gross loss -1541.85

Profit factor 7.09 Expected payoff 101.02

Absolute drawdown 260.67 Maximal drawdown 2310.00 (19.00%) Relative drawdown 19.00% (2310.00)

 

Total trades 93 Short positions (won %) 49 (83.67%) Long positions (won %) 44 (88.64%)

Profit trades (% of total) 80 (86.02%) Loss trades (% of total) 13 (13.98%)

Largest profit trade 755.10 loss trade -535.30

Average profit trade 136.71 loss trade -118.60

Maximum consecutive wins (profit in money) 19 (3158.33) consecutive losses (loss in money) 3 (-240.79)

Maximal consecutive profit (count of wins) 3158.33 (19) consecutive loss (count of losses) -535.30 (1)

Average consecutive wins 9 consecutive losses 1

 

 

i am still getting order send error and

 

2010.09.26 08:33:18 2010.09.23 23:52 BURN_v1[1].2 GBPUSD,M15: OrderModify error 1

 

 

would need ideas from friends here to fix this.

Edited September 26, 2010 by halcyonn

[expat1967]

Thanks for sharing. Still need to check it out.

 

I saw there are some newer versions flying around already which might help over the prior mentined error messages.

 

Translated from Russian ;) : In v1.3 Smillion added check for stoplevel, a value of stoploss or less takeprofit stoplevel warrant will be issued with 0 stop

 

Version 1.3

http://www.multiupload.com/E97KT3GG9R

 

Cheers

Edited September 26, 2010 by expat1967

[halcyonn]

for eurusd over same period of 2 months and two weeks.

 

despite good backtests a forward test is what we need to see if its is worth anything at all!!

 

Strategy Tester Report

BURN_v1[1].2

AlpariUK-Demo (Build 226)

 

Symbol EURUSD (Euro vs US Dollar)

Period 15 Minutes (M15) 2010.07.08 09:00 - 2010.09.23 23:45 (2010.07.01 - 2010.09.24)

Model Every tick (the most precise method based on all available least timeframes)

Parameters x=" ----- Ñåññèÿ 1 ------ "; TimeSession1=1; DeltaPriceUP1=100; DeltaPriceDN1=400; TakeProfit1=700; StopLoss1=0; Lot1=0.4; Slippage1=3; TrailingStop1=10; TrailingStart1=20; DeltaTrailing1=5; SLReverseOrder1=false; VelosityON1=false; PeriodVelosity1=15; KoeffMartin1=1.5; Magic1=123321; xx=" ----- Ñåññèÿ 2 ------ "; TimeSession2=8; DeltaPriceUP2=600; DeltaPriceDN2=500; TakeProfit2=800; StopLoss2=0; Lot2=0.1; Slippage2=3; TrailingStop2=10; TrailingStart2=20; DeltaTrailing2=5; SLReverseOrder2=false; VelosityON2=false; PeriodVelosity2=15; KoeffMartin2=1.5; Magic2=123322; xxx=" ----- Ñåññèÿ 3 ------ "; TimeSession3=16; DeltaPriceUP3=400; DeltaPriceDN3=200; TakeProfit3=1000; StopLoss3=0; Lot3=0.1; Slippage3=3; TrailingStop3=10; TrailingStart3=20; DeltaTrailing3=5; SLReverseOrder3=false; VelosityON3=false; PeriodVelosity3=15; KoeffMartin3=1.5; Magic3=123321; DelHour="3,5,10,14,20,22"; WevesColor=White;

 

Bars in test 5162 Ticks modelled 1523677 Modelling quality 90.00%

Mismatched charts errors 0

 

Initial deposit 10000.00

Total net profit 9664.42 Gross profit 10809.37 Gross loss -1144.95

Profit factor 9.44 Expected payoff 151.01

Absolute drawdown 925.08 Maximal drawdown 2392.53 (13.81%) Relative drawdown 18.60% (2223.00)

 

Total trades 64 Short positions (won %) 30 (86.67%) Long positions (won %) 34 (91.18%)

Profit trades (% of total) 57 (89.06%) Loss trades (% of total) 7 (10.94%)

Largest profit trade 549.52 loss trade -346.40

Average profit trade 189.64 loss trade -163.56

Maximum consecutive wins (profit in money) 29 (4999.04) consecutive losses (loss in money) 2 (-389.00)

Maximal consecutive profit (count of wins) 4999.04 (29) consecutive loss (count of losses) -389.00 (2)

Average consecutive wins 10 consecutive losses 1

Edited September 26, 2010 by halcyonn

[halcyonn]

Expat dear 1.3 indeed sorts both order errors.

 

however there is this error as below which i have never come across before.if kind coders here may please ahve a look.

 

2010.09.26 09:11:26 2010.09.23 20:00 BURN_v1.3 EURUSD,M15: Error when order select 0