I am aware that beginners always want to have strategies. But that's really not what it should be about. A real trader will not give away his good strategies. Why should he, think about it. Besides, a strategy is not good just because there is a nice backtest. I can create such a nice backtest for you in a few minutes. But would I then trade this strategy live? Absolutely not.
@@klaushalunski2211 Of course, the backtest must be good. But this is only the first step of many. Keywords: out of sample test, stability test, overoptimization. I will make videos about this in the future. And by the way, everything I show and say here is my humble opinion. I am still learning all the time. I just think it's the right way to learn, to develop your own strategies. Have a great week 👍
Ei, do you know some strategy to control time in backtesting? i have checked than in backtest my currentTime, timeGMT and timelocal are exactly the same..then when I wanna do an strategy like, "get data from tokio market" and operate only in NY market, is very frustating because I don't know if the robot are good in backtesting. Also later If i move to a real market, the times are complety different. What do you do? Thanks
Hi, i am not understanding when you changed the spread. In this case you use the spread from the broker where you downloaded data. How do you use spread from current broker? You said something about on minute 5:56. Thanks
@@trustfultradingWhen I reduced the time period it worked properly on US30.U24 also. I think it was because of the lack of the history data in my brooker that resulted in inproper display of the buy and sell arrows in the baktest.
@@trustfultrading because of the 3 month period of US30 CFD contracts when we use the cod on the chart of this instruments for a period longer than 3 month the buy and sell arrows does not math the candell bars of the chart.
Can you send me a link? I don't really see the point to programm that when you can just set it in the tester. But if you code it correctly should be the same. But again, why would you do that? Edit: Maybe that was for MT4. I don't know if its possible to set custom commissions in the MT4 tester. Than it makes sense to code it. But I would just switch to MT5 anyway ;D
![Proof WILLIAMS % R is Reliable when used like this [mean reversion]](/img/1.gif)
Hope the video was helpful, if you have any questions feel free to comment.
You have a lot of ease to transmit knowledge and excellent information. Greetings brother!
Thanks man!
Can you give me the strategy of this backtest?
I am aware that beginners always want to have strategies. But that's really not what it should be about. A real trader will not give away his good strategies. Why should he, think about it. Besides, a strategy is not good just because there is a nice backtest. I can create such a nice backtest for you in a few minutes. But would I then trade this strategy live? Absolutely not.
@@trustfultrading Ok, but how do you know a strategy is good if its not about the backtest?
@@klaushalunski2211 Of course, the backtest must be good. But this is only the first step of many. Keywords: out of sample test, stability test, overoptimization. I will make videos about this in the future. And by the way, everything I show and say here is my humble opinion. I am still learning all the time. I just think it's the right way to learn, to develop your own strategies. Have a great week 👍
@@trustfultrading ok, thank you
Ei, do you know some strategy to control time in backtesting? i have checked than in backtest my currentTime, timeGMT and timelocal are exactly the same..then when I wanna do an strategy like, "get data from tokio market" and operate only in NY market, is very frustating because I don't know if the robot are good in backtesting. Also later If i move to a real market, the times are complety different.
What do you do? Thanks
Hey could you create video detailing how to create an Custom symbol or to extract historical data from a specified symbol? Please?
I have a playlist on that. ruclips.net/p/PLGjfbI-PZyHUm0CJIiGwBoqCypOeCBuX3
Hi, i am not understanding when you changed the spread. In this case you use the spread from the broker where you downloaded data. How do you use spread from current broker? You said something about on minute 5:56. Thanks
I record a daily spread profile from my broker. I implement this profile into the backtest data.
@@trustfultradingWhen I reduced the time period it worked properly on US30.U24 also. I think it was because of the lack of the history data in my brooker that resulted in inproper display of the buy and sell arrows in the baktest.
@@trustfultrading because of the 3 month period of US30 CFD contracts when we use the cod on the chart of this instruments for a period longer than 3 month the buy and sell arrows does not math the candell bars of the chart.
I read in the MT5 forum some people code the commission in their EA and do not use the MT5 settings as you explained. Is there any difference?
Can you send me a link? I don't really see the point to programm that when you can just set it in the tester. But if you code it correctly should be the same. But again, why would you do that? Edit: Maybe that was for MT4. I don't know if its possible to set custom commissions in the MT4 tester. Than it makes sense to code it. But I would just switch to MT5 anyway ;D
Problem is how show custom symbol in MT5 APP (Mobile App) for reading purpose
I don't even have the MT5 app. So I can't help you with that question sorry.