A little more about if statements. Let's assume that you want to do something only when two different conditions are fulfilled. Try the following program: function main() { var loss = slider(2,25,0,200,"Loss",0); var profit = ...

Automated Trading & Backtesting Course - Part 1: Programming

In the Zorro manual under "import/export" you'll find a brief description how to import price data from other providers. ( url ) I didn't want to start the tutorial with a simple MA crossover because it is normally not profitable, thus Alice could ...

Automated Trading & Backtesting Course - Part 1: Programming

Well... if the results differ by a large amount, then either the system is hopelessly inconsistent or something is wrong with the price data. The average is not much worth in such a case. If however the results are very close together and all ...

Automated Trading & Backtesting Course - Part 1: Programming

To avoid misunderstandings, my warning against using MT4 for backtesting was only meant for finding a profitable system. MT4 is very well able to find most unprofitable systems. A positive MT4 backtest does not mean that the system is profitable, ...

Automated Trading & Backtesting Course - Part 1: Programming

I have used so far data from several providers with Zorro, but have never seen any noticeable differences in the backtest results when the broker parameters were the same. The only difference I've noticed, aside from the usual minimal price ...

Automated Trading & Backtesting Course - Part 1: Programming

I use data from all possible sources, but you're right - there can be a huge difference and it can have several reasons. The first problem is using MT4, as MT4 is not suited for backtesting. Simulating a system over a couple years alone won't tell ...

Automated Trading & Backtesting Course - Part 1: Programming

A short summary of the things we've learned yesterday : ► We define functions by writing "function name(...) { ... }" in the script. ► If a function has the name main or run, it is automatically executed. All other functions must be called from an ...

Automated Trading & Backtesting Course - Part 1: Programming

Back to work. This lesson will introduce functions. Once you got variables and functions, you have a basic understanding of how a script works. What are these functions, anyway? Let's see a small example: function add_numbers( ) { var a, b, c; a = ...

Automated Trading & Backtesting Course - Part 1: Programming

The Zorro website is online since a few weeks only, but we had the Zorro manual on that web address since several months for the beta testers. Zorro was developed by a team from game programming, but I was involved in designing its strategies and ...

Automated Trading & Backtesting Course - Part 1: Programming

Today we'll write our first script. You'll need to download Zorro now if you haven't done so already. After installation, start it and you'll see this: image Click the [Script] scrollbox, go all the way down and select [New Script]. A text editor ...

Automated Trading & Backtesting Course - Part 1: Programming

Any traders that are convinced with live sessions for like 1-2 weeks won't last very long. For knowing if it's a profitable system you normally need to backtest it for a period of 200 trades and 2 years minimum.

Shiryu system

Let's start working. At first a little theory. The purpose of a script (or EA, or program, or whatever it's called) is telling the computer what to do under which circumstances. A script consists of variables and functions - in this first lesson let ...

Automated Trading & Backtesting Course - Part 1: Programming

I understand your intention. But in reality you will just have your balance decreasing and also your equity. Any trade system relies on a ratio of winning and losing trades. It is only profitable when the winners make more profit than the losers ...

The7 Trading System

We program robots in C for the FXCM API. If you're interested, please PM me. I can't tell you beforehand what a customer specific algorithm will cost, but I can tell you that it won't be $600 for 15 lines.

Strategy Coded in LUA

Not a very good idea. With a 1.5 TP, this system is losing money on all currencies. Here's the equity curve with your TP: image TPs almost always reduce the profit of trade systems - there are few exceptions - and often turn a winning system into ...

The7 Trading System

You don't need to use LUA. FXCM has also C and C# based trading platforms.

Strategy Coded in LUA

I think you should really code your system in a script and backtest it with at least 4 years. Then you can tweak the rules and improve it. Using single trades for tweaking a system makes no sense. There are not enough trades for having any ...

Max's Simple Ride the Wave System