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Night-trade EA

Page: 1
Feb 15, 2013 06:54 am
#1
ironical User

Posts: 734
Member since: 22/04/2011

Hello all,

Here is an EA found on web. I will try to post more information about it. Especally backtest results and etc in future. If someone can also test it on a demo account and share results, it would be better.

The good or ill of a man lies within his own will. – Epictetus

Attachements:

e-NightTrade.mq4

Feb 16, 2013 08:00 am
illiterate User

Posts: 561
Member since: 21/04/2011

thankyou for sharing buddy. what about its details? or any manual  to set it on chart?

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

Feb 18, 2013 04:48 am
Jogi User

Posts: 685
Member since: 06/06/2011

Backtest results r really "horrible" [aww]

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Attachements:



Feb 19, 2013 06:48 am
ironical User

Posts: 734
Member since: 22/04/2011

Originally posted by Jogi

Backtest results r really "horrible" <img alt=" />



Ouch!. But it was aud/usd. Why dont u try it on eur/usd?

The good or ill of a man lies within his own will. – Epictetus

Feb 20, 2013 04:34 am
illiterate User

Posts: 561
Member since: 21/04/2011

Even if it is used on eur/usd, tech analysis will almost be same on any pair with little difference in results. A continuous decline in performance shows EA needs optimization.

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

Feb 21, 2013 05:15 am
Champ User

Posts: 711
Member since: 17/05/2011

Originally posted by illiterate

Even if it is used on eur/usd, tech analysis will almost be same on any pair with little difference in results. A continuous decline in performance shows EA needs optimization.



Some strategies r optimized for specific pairs. Eur usd is highly volatile pair.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Feb 22, 2013 05:43 am
Sasha User

Posts: 836
Member since: 16/05/2011

Originally posted by ironical

Hello all,

Here is an EA found on web. I will try to post more information about it. Especally backtest results and etc in future. If someone can also test it on a demo account and share results, it would be better.



I think u need to find manual of this EA to understand about its settings. Otherwise it is almost of no use with the backtest results provided.

Feb 28, 2013 08:13 am
Champ User

Posts: 711
Member since: 17/05/2011

Originally posted by Sasha

 

Originally posted by ironical

Hello all,

Here is an EA found on web. I will try to post more information about it. Especally backtest results and etc in future. If someone can also test it on a demo account and share results, it would be better.

 



 

I think u need to find manual of this EA to understand about its settings. Otherwise it is almost of no use with the backtest results provided.



Usually default settings of an EA r optimized. Further optimization can only be done if u understand basic strategy behind that EA.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Mar 07, 2013 04:27 am

Posts: 939
Member since: 21/04/2011

Originally posted by Jogi

Backtest results r really "horrible" <img alt=" />



[erm][erm][erm] Well not only horrible but it means lets close discussion on this thread and let it drown deep into the ocean of fxstat forums.

Stick to your rules

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