MQL4 - automated forex trading   /  

Forum

Login | Register | Language: ru cn en
MQL5.com Wall - 24-Hour News Channel About the Life of the Community

How to read this report from an expert advisor test.

Back to topics list To post a new topic, please log in or register
avatar
39
jameslarry 2012.06.11 14:00
 

Hi i recently bought this EA. Ive traded with it for 3 weeks and the live performance is consistent with the below strategy tester report. Im not an expert so i would like to know what some terms like absolute drawdown and relative drawdown mean.


Strategy Tester Report

Xbug_ultimate
AlpariUK-Live (Build 419)

SymbolEURUSD (Euro vs US Dollar)
Period4 Hours (H4) 2012.05.22 00:00 - 2012.06.08 20:00 (2012.05.22 - 2012.06.11)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersLots=0.1; Slip=5

Bars in test1085Ticks modelled1224643Modelling quality62.92%
Mismatched charts errors2





Initial deposit500.00



Total net profit800.18Gross profit984.77Gross loss-184.59
Profit factor5.33Expected payoff80.02

Absolute drawdown6.00Maximal drawdown504.11 (29.75%)Relative drawdown29.75% (504.11)

Total trades10Short positions (won %)7 (71.43%)Long positions (won %)3 (66.67%)

Profit trades (% of total)7 (70.00%)Loss trades (% of total)3 (30.00%)
Largestprofit trade299.55loss trade-100.27
Averageprofit trade140.68loss trade-61.53
Maximumconsecutive wins (profit in money)6 (969.32)consecutive losses (loss in money)2 (-166.64)
Maximalconsecutive profit (count of wins)969.32 (6)consecutive loss (count of losses)-166.64 (2)
Averageconsecutive wins4consecutive losses2

#TimeTypeOrderSizePriceS / LT / PProfitBalance
12012.05.22 00:00sell10.101.281711.311711.25171
22012.05.22 00:00sell20.101.281711.308711.25471
32012.05.23 04:00sell30.101.265411.275411.25541
42012.05.23 18:37t/p30.101.255411.275411.25541100.00600.00
52012.05.23 18:39t/p20.101.254711.308711.25471269.91869.91
62012.05.25 14:33t/p10.101.251711.311711.25171299.551169.46
72012.06.04 16:00buy40.101.243751.233751.25375
82012.06.05 00:00sell50.101.249831.276831.22283
92012.06.05 03:05t/p40.101.253751.233751.2537599.931269.39
102012.06.05 04:00sell60.101.253171.283171.22317
112012.06.05 08:00sell70.101.252471.262471.24247
122012.06.05 11:32t/p70.101.242471.262471.24247100.001369.39
132012.06.05 12:00buy80.101.242021.232021.25202
142012.06.06 10:53t/p80.101.252021.232021.2520299.931469.32
152012.06.06 10:53sell90.101.252021.262021.24202
162012.06.07 00:00buy100.101.258121.239121.27712
172012.06.07 16:25s/l90.101.262021.262021.24202-100.271369.05
182012.06.08 23:59close at stop100.101.251491.239121.27712-66.371302.68
192012.06.08 23:59close at stop60.101.251581.283171.2231715.451318.13
202012.06.08 23:59close at stop50.101.251581.276831.22283-17.951300.18
 
Best Forex EA’s - Top Expert Advisors In November 2014 - Update
Best Forex EA’s - Top Expert Advisors In November 2014 - Update Ranking based on MONTHLY RETURN - Get more information about these Forex Robots and read our PRODUCT REVIEWS: Best Forex EA's | FX Expert Advisors | Forex Robots 2014
avatar
14178
RaptorUK 2012.06.11 14:02 #
 
jameslarry:

Hi i recently bought this EA. Ive traded with it for 3 weeks and the live performance is consistent with the below strategy tester report. Im not an expert so i would like to know what some terms like absolute drawdown and relative drawdown mean.

Read the Help in MT4 . . . it's in there.
avatar
39
avatar
1252
onewithzachy 2012.06.11 17:04 #
 
jameslarry:
I searched mt4 help it says no topics found.
MT4 > press F1 > Auto Trading > Strategy Testing > Result > Have Fun :)
 
avatar
14178
RaptorUK 2012.06.11 17:15 #
 
jameslarry:
I searched mt4 help it says no topics found.

I searched it before I replied to you and I found this . . .

avatar
1002
dabbler 2012.06.11 19:16 #
 
jameslarry:
I searched mt4 help it says no topics found.
I wonder if you searched the MetaTrader help or the MetaEditor help. It was the MetaTrader you should have been searching within. I tried it using OneWithZachy's method, and I searched it for "absolute drawdown" and both arrived at the page RaptorUK has posted above.
 
avatar
2178
tonny 2012.06.12 08:46 #
 

Here is an excerpt from mt4 help with all the definitions.



Report Tab

The summarized results of experts testing and some key indices are represented in the "Report" tab. Such reports allow to compare different experts to each other in a quick mode. The following data are published in reports:

  • Bars in test — the amount of the modeled history data in bars;

  • Ticks modeled — the amount of the modeled ticks;

  • Modeling quality — the quality of ticks modeled during testing in per cents. Modeling is schematically displayed as a band in the next line of the report. This band can be of one of three colors:

    1. Grey — this part of the data available was not tested at all. Grey color can appear, if the range of dates was given in tester settings;

    2. Red — modeling was not performed within this subrange since no data of a smaller period were available. At that, only data from the period selected in the tester settings were used;

    3. Green — modeling was performed within this subrange. At that, the brighter the color is, the better in quality the modeling was. For example, when testing at the period of H1, the dark-green band can mean that M30-period data were used for testing, and the brightest means that those of M1 period were used;

    Attention: If the fastest method ("by open prices") has been used for modeling in testing settings, the entire band will be red. At that, "n/a" — modeling has not been performed at all — will be written in the "Modelling quality" field;
  • Initial deposit — the volume of the initial deposit;

  • Total net profit — financial result of all trades. This index represents a difference between the "Gross profit" and "Gross loss";

  • Gross profit — the sum of all profitable trades in terms of money;

  • Gross loss — the sum of all unprofitable trades in terms of money;

  • Profit factor — the ratio between gross profit and gross loss in per cents. The one value means that profit equals to loss;

  • Expected payoff — the expected payoff. This statistically calculated index represents the average profit/loss factor of a trade. It can also be considered for representing the expected profit/loss factor of the next trade;

  • Absolute drawdown — the largest loss is lower than the initial deposit value;

  • Maximal drawdown (%) — maximal loss of the local maximum in the deposit currency and in percents of the deposit;

  • Total trades — the total amount of trade positions;

  • Short positions (won %) — the amount of short positions and percentage of won thereof;

  • Long positions (won %) — the amount of long positions and percentage of won thereof;

  • Profit trades (% of total) — the amount of profitable trade positions and their percentage in the total trades;

  • Loss trades (% of total) — the amount of profitable trade positions and their percentage in the total trades;

  • Largest profit trade — the largest profit among all profitable positions;

  • Largest loss trade — the largest loss among all unprofitable positions;

  • Average profit trade — average profit value for a trade (the sum of profits divided by the amount of profitable trades);

  • Average loss trade — average loss value for a trade (the sum of losses divided by the amount of unprofitable trades);

  • Maximum consecutive wins (profit in money) — the longest series of profitable trade positions and the sum of their wins;

  • Maximum consecutive losses (loss in money) — the longest series of unprofitable trade positions and the sum of their losses;

  • Maximal consecutive profit (count of wins) — the maximum profit of a series of profitable trades and the amount of profitable trades corresponding with it;

  • Maximal consecutive loss (count of losses) — the maximum loss of a series of unprofitable trades and the amount of unprofitable trades corresponding with it;

  • Average consecutive wins — the average amount of profitable positions in consecutive profitable series;

  • Average consecutive losses — the average amount of unprofitable positions in consecutive unprofitable series.

This report can be copied to the clipboard or saved in the hard disk as an HTML file. To do so, one has to execute the "Copy" context menu command or that of "Save as Report", respectively. The report can also be copied to the clipboard by pressing of accelerating keys of Ctrl+C.

More details are given in the sections of "Testing of Expert Advisors" and "Optimization".

 
avatar
39
jameslarry 2012.06.12 11:13 #
 
Thanks all when you search for relative drawdown in mt4 help it says no topics found but i got it now after searching absolute drawdown.
 
Back to topics list  

To add comments, please log in or register