How much will you guys pay for this EA ? Pls let me know ?

sonyabraham22 · #1 09-26-2009, 11:50 AM

Hi all,

How much will you guys pay for this EA? please find attached backtest and let me know. 100 orders are open every time, so the report is bit long. This is my first backtesting - only 7-8 days. Will submit more backtests ASAP.

Sony

http://www.megaupload.com/?d=RNAMH1R4

Miksa · #2 09-26-2009, 01:04 PM

Quote:

Originally Posted by sonyabraham22

How much will you guys pay for this EA? please find attached backtest and let me know. 100 orders are open every time, so the report is bit long. This is my first backtesting - only 7-8 days. Will submit more backtests ASAP.
http://www.megaupload.com/?d=RNAMH1R4

hi sony, sorry but i would pay nothing for 7-8 days backtests with 40.9% drawdown

imho 3-6 months of profitable forward demo trading (20-30% per month with moderate 10-15% drawdown) is something to think about.

sonyabraham22 · #3 09-27-2009, 12:10 AM

Miksa, Thankyou verymuch for your response. Actually I designed this EA for competition purpose. please note, it was allowed to open and handle 100 trades at a time [during this backtest, i wanted it to face the real acid test]. It uses a stop loss of 200 pips. In this backtest it never lose a trade. All losses arised are "close at stop". I am waiting till monday to start live testing. I am facing problems with corrupted tick data while backtesting. What do you think about a 40% drawdown while 100 positions are open. and do you have commends on the output it acheived. All -ive commends are welcome.
It will help me to improve, I think.
Thanks again

Sony

Miksa · #4 09-27-2009, 11:38 AM

Quote:

Originally Posted by sonyabraham22

What do you think about a 40% drawdown while 100 positions are open. and do you have commends on the output it acheived.

hi Sony, as i said 40% DD is bad, no matter how many trades opened.

handling 100 positions very offten may have a negative effect on broker servers in live trading so your EA may be banned. and frankly, i don't see a reason to have 100 positions instead of 1 position which is 100 times bigger.

sonyabraham22 · #5 09-29-2009, 01:44 AM

Hi Miksa,

please see statement link for yesterdays trade. is there anyway to get actual drawdown figure? its showing 0% and i think its not correct. the output is 100%

http://www.megaupload.com/?d=8UYKNRUH

Sony

TheKid · #6 10-25-2009, 03:47 PM

You would have to pay me!

TheKid · #7 10-25-2009, 03:48 PM

so did you start live testing with real money ?? How did it go?? Are you a millionaire?

mystikdragon7 · #8 10-25-2009, 06:28 PM

Yes I agree that a 40% is very bad. I'm sure that will start a margin call one ofter another. Especially with the new margin rules that will kill your account.