New to the site and quite new to MQL, Help needed please
If you look at any contestant report from the ATC you will get the definitions of must of the terms used in this test.
Here is a link: https://championship.mql4.com/2008/users/Gorez/reports
Just hover with the mouse over each item.
Robotalfa, from the results you will see my largest loosing trade, should my loosing trade only be what my stoploss is set at ?, if so then the stoploss does not seem to be working, how could this be corrected
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Hi all, I'm Rob and on my first attept on creating an EA have thrown up theses results. what i would like, if there is anyone willing, is to explain some of the results, especialy the "optomization, and how it works, please.
OK, these are my results,
Bars in test 75149
Ticks modelled 148314
Modelling quality n/a
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 8654.83
Gross profit 30226.26
Gross loss -21571.43
Profit factor 1.40
Expected payoff 42.43
Absolute drawdown 968.16
Maximal drawdown 9433.92 (38.82%)
Relative drawdown 48.32% (8445.42)
Total trades 204
Short positions (won %) 165 (98.18%)
Long positions (won %) 39 (94.87%)
Profit trades (% of total) 199 (97.55%)
Loss trades (% of total) 5 (2.45%)
Largest
profit trade 400.00
loss trade -6983.20
Average
profit trade 151.89
loss trade -4314.29
Maximum
consecutive wins (profit in money) 85 (14358.54)
consecutive losses (loss in money) 1 (-6983.20)
Maximal
consecutive profit (count of wins) 14358.54 (85)
consecutive loss (count of losses) -6983.20 (1)
Average
consecutive wins 40
consecutive losses 1
I've tried to attach a graph to this page with no luck, (AHH!! graph added )
I have done an optomize on this EA but to tell the truth i'm not too sure what i' doing
Rob
Edit,
This was done on the 1m chart for the EUR/USD, the EUR/JPY threw up better results and so did the GBP/USD, but there seemed to be bigger drawdowns,
Rob