Hi, I just have some ideas that I would like to put forth and my logic behind them and the results from testing them that I would like to talk that are currently baffling me to no end and would like to hear you all of your ideas on why this is or perhaps how I can address this problem and determine if its even worth pursuing. So this is not a matter of my skill or ability merely am not understanding this is not working when every object of logic states that it should, I'm a developer. So heres the problem...
I'm sure for those of us that have coded many EAs more often than not they blow off the account pretty quickly the first two or three runs and should not most of the EAs perform similarly even after months of programming. I know this is a function of the test quality in mt4, but with 90% quality from your brokers feed should provide you for the most part consistent results whether it be losing or winning. So here is what I suggest
Given a Strategy that merely enters the market in a way based on a set of entrance principles. It's SL: 10pips, TP: 5pips and the egy only lets the transaction run till either of these levels are hit
The Results:
Trades: 679. Wins: 254 (37 percent ) Losses: 425 ( 63 percent )
Obviously this egy would blow off an account pretty fast. So my thought is that. Why not when we get a signal, simply do the opposite of everything in the egy. And instead of 10pip SL we use a 5pip stop and instead of 5pip TP we use a 10pip TP so today those prior stop outs are cut in half pip wise. And all those wins are bigger and occur more often since we are currently entering in the contrary direction. So this was coded by me. Exact same entrance rules, identical timeframe and dates, identical data and backtest quality even checked that it was entering exact same prices and times .
The Results:
Trades: 679. Wins: 31 (4.5%) Losses: 648 (95.5%)
This does not make any sense whatsoever to me. I know 90% quality is not 100% so its hard to demonstrate this exactly, but these are pretty drastic differences When technically all the preceding losses should now be wins and vice versa thus our new triumph% ought to have been (63 percent ) and this ought to be a very profitable egy. Any thoughts or ideas would be appreciated. Thanks!