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Old 2010-02-01, 09:24 AM   #351 (permalink)
rsmereka
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Trader for 8 - 12 years
Location: Southwestern Ontario, Canada
Posts: 1,777
My Trading Journal


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Quote:
Originally Posted by JPM View Post
Hi, Rick!

I am glad that you were able to verify that the "Turbo Strategy" of EB-Turbo has indeed been profitable so far.

In post #346, you asked me, "How did you discover this?" Well as I mentioned, I have been following your Trading Journal, and I always very closely analyze the specific performance stats for each of the EAs you are using. So, when you posted those large losses, I noticed that the Normal Strategy had incurred the losses, while the Turbo Strategy had not. Which is why it somewhat surprised me when you said that you were trashing EB-Turbo altogether. I thought that maybe you had not seen the correlation that I had seen, which is why I decided to mention it in the first place.

Also, yes, the "EB" setting within EB-Turbo activates/deactivates the Euro Blaster logic (Normal Strategy), which is completely separate and distinct from the "TurboTrading" setting (Turbo Strategy). From what I understand, the EB-Turbo EA is not necessarily meant to be a totally different EA from the original Euro Blaster EA, but rather it was designed to essentially be two EAs in one, so to speak. In other words, EB-Turbo still contains the original Euro Blaster EA logic, but it also contains the newer Turbo logic. And these two different logics/strategies can be controlled independently of each other.

Hopefully, the EB-Turbo EA (Turbo Strategy) will continue to prove to be consistently profitable! The testing continues...

Thanks, Rick!


All the Best,

-JPM
I just completed a backtest with the normal strategy turned off from 2003 to last Thursday. The results are not good. Almost all the account is lost before recovering to a small gain. Long-term, I don't think that the turbo strategy will hold up. The turbo strategy seems to be curve-fitted to specific market conditions. I am going to test it anyway on my demo account for a minimum of three months.

EBT is into it's third trade already with two of them having closed. So far...so good although the price has moved some 50 pips against the third trade.

Rick
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