You're absolutely right. I guess MT4's latest build had destroyed the backtester credibility (not that it was high any way). So indeed, from now on, one needs to use forward testing aggressively to know if an EA is good and profitable. BTW, Thanks ...

Unhappy Weird results in backtest build 200.. need help!

I think that optimization could only serve its purpose within a specific range just to get the values that would make trade work. But historical data used for optimization is certainly not going to be blamed when your trade results suck in the ...

Thinking of a system.

I tried your method and amazingly, this is what I had in mind: OH MY GOD!!! YOU ARE A MAGICIAN! YOU JUST FOUND THE HOLY GRAIL! But of course, I found the method still is not 100% risk free, because during news hour, my predictions went wrong in this ...

What is your favourite indicator and why ?

There is no specific optimized value. You can try those as well

Simple MACD system based on 2 channels

Some more enhancements — Version 1.3 attached adds some dynamic adjustment to the traded lots in an attempt to reduce loss as much as possible. Try it on USDCHF & EURUSD for the M5 timeframe. Check it out. It's time to go for forward testing ...

Simple MACD system based on 2 channels

It is not restricted to any pair. Try it on all major ones. But the default values were for M5. Good luck testing

Simple MACD system based on 2 channels

Fixed — I think I resolved the issue that prevented simultaneous trades in different pairs. Check this updated and corrected version (1.20) It was such a silly mistake that I'm embarrassed to admit

Simple MACD system based on 2 channels

The setting for this MACD, pair and timeframe makes it a loss. The buy point is right but the MACD values are not favorable. But the exit point is at the top of the hill (max point of that MACD segment and not the next intersection.

Simple MACD system based on 2 channels

You've done well except that for the top MACD, you made the fast EMA 259 and the slow EMA 260. You should reverse them. There is also no need for the second MACD in v1.1. But for the sake of simplicity, it is good to have two MACD indicators. When ...

Simple MACD system based on 2 channels

I'm glad to tell you that this will hopefully be eased by an ongoing project to integrate some money management schemes within the EA to reduce/increase lot size based on profitibility and loss. A friend is already working on that and hopefully we ...

Simple MACD system based on 2 channels

No problem. I'll repost my last reply. But if you don't mind, I would rather change the size of the image to less than the allowed 600x600. Some members would like to see it directly rather than download, unzip, and open. thanks

Simple MACD system based on 2 channels

It's a very simple strategy: 1) When the MACD value changes from - to +, issue a buy, and if it goes from + to - issue a sell 2) When the MACD value reaches the peak in a buy just after the crossing of 0, then close the buy, if it reaches the bottom ...

Simple MACD system based on 2 channels

That's really impressive indeed. I'm worrried however that live forward testing may not be as good. One needs to start with that and hope the optimized parameters will work for forward testing. Thanks for all your efforts. Have you noticed that ...

Simple MACD system based on 2 channels

I'd say it could be a trade every trading day. Meaning about 5 a week. But don't forget that could be highly profitable trades, reaching a few hundred pips per day with 1 lot scheme. But of course, this depends on your parameters, pair, and ...

Simple MACD system based on 2 channels

illustration on simple-macd — Here's an illustration how the EA works. image It was part of my backtest for May. Notice how sell and buy orders are opened and closed. But note that there is also a stoploss value based on time. The further ...

Simple MACD system based on 2 channels

You can load this template for the default 500 MACD value.

Simple MACD system based on 2 channels

New version out — All you need is to open the strategy tester and run the EA on it. It has nothing to do with open charts, but with historical data. GOOD NEWS Here's version 1.1 of the same EA. Slowly I'm beginning to learn how to best utilize ...

Simple MACD system based on 2 channels

I suggest you start backtesting first and see how frequently trades are being executed with different parameters. Only then you can go for forward testing.

Simple MACD system based on 2 channels