Forex Hacked

[equity.wm]

Originally Posted by rsmereka

Yes,

FH can be backtested. The only strange thing is that you really cannot backtest for a long period because of the EA having only fixed lot sizes. A long-term backtest will work but the return values will be abnormally low.

Other than that, you can use the same set file for backtesting.

Just make sure you update the history from the history center.

Rick

Rick, I used the same mt4 program which successfully backtested other EAs to backtest FH, but it just do not produce any result. Is there something I am doing wrong here? I tried v2, v2.3, and v2.4, giving me blank.

[equity.wm]

Originally Posted by equity.wm

Rick, I used the same mt4 program which successfully backtested other EAs to backtest FH, but it just do not produce any result. Is there something I am doing wrong here? I tried v2, v2.3, and v2.4, giving me blank.

Rick, I managed to get the backtest going by staying online but I can't have a fixed spread . This make the backest very unreliable. I wonder how you did it, please advise.

Thank you.

[rsmereka]

Originally Posted by equity.wm

Rick, I managed to get the backtest going by staying online but I can't have a fixed spread . This make the backest very unreliable. I wonder how you did it, please advise.

Thank you.

I don't know what you mean by

I can't have a fixed spread

. Do you want a fixed spread and the backtest is not giving you this or do you not want a fixed spread and you are getting this in your testing?

Keep in mind that you should not be backtesting when the market is closed. The spread you get in the backtest will be fixed (and high). You need an active market and being online to record a better spread estimate.

The way I do backtests is:

1. Make sure the market is open otherwise you will get a fixed high spread .

2. Put a chart on the screen the same as the EA needs. You don't have to attach the EA to the chart. This makes sure that you are receiving tick data as the backtest runs.

3. Set the EA and time frame in the strategy tester.

4. Go to the properties, set the initial deposit/equity and load the same set file that you plan on using.

5. Set the start and end date. With FH, any more than about 3 months at the same base lot size is not important.

6. Press 'start'

If you get bad results or no results, check the journal. It will tell you what has gone wrong.

Rick

[lasomw]

folks,

Is there a script that can close out the whole basket of FH? Am doing testing with the same setting on a demo account and found that it's no good for GJ and NZDUSD these 2 weeks and deciding to close it.

I could manually close them one by one or if there's a script that can close the whole basket automatically that would be even better. thanks.

[rsmereka]

Originally Posted by lasomw

folks,

Is there a script that can close out the whole basket of FH? Am doing testing with the same setting on a demo account and found that it's no good for GJ and NZDUSD these 2 weeks and deciding to close it.

I could manually close them one by one or if there's a script that can close the whole basket automatically that would be even better. thanks.

You can use my AvoidSwap EA that I built years ago,

It has an emergency close feature. You will need to know the magic number(s) of the trades.

I built the EA for use with RoboMiner and had to use the emergency close feature once when my account was melting down.

Read through the instructions and do a test run. Check the log for problems. When you are confident that it will do what you want, do the final run.

Rick

[Merrygoround]

I just happened to look on the GBPUSD weekly chart, and discovered something disturbing. There is a very clear symmetrical triangle noticable. That means the pound is in several months from now is going to make a significant outbreak (up/down you cannot tell). Patterns like these are very scary when trading with FH! Wasn't 2008 the year in which FH blew any account in backtests? Hold on to your hats, we might be in for a very wild ride.

[lasomw]

Originally Posted by rsmereka

You can use my AvoidSwap EA that I built years ago,

It has an emergency close feature. You will need to know the magic number(s) of the trades.

I built the EA for use with RoboMiner and had to use the emergency close feature once when my account was melting down.

Read through the instructions and do a test run. Check the log for problems. When you are confident that it will do what you want, do the final run.

Rick

Brilliant and thanks! Will test and find out if it works on demo first
Jeez, it's more than 2 years old! i hope it still works

I guess robominer didn't work out that well in the end?