Forex MegaDroid EA - streaming live forward tests

sleepy said:

Hi Norm,

Didnt realise the megadroid had its own thread so added your last comment here.. was your testing based on manually changing the inbuilt settings cf to the default settings. Or have you made changes to the actual underlying code ... if so how are you accessing the code?

From reading comments posted elsewhere and reviewing a number of live/demo accounts it appears to be scalping the Eur/USD across a 2 hour window for 10-15 pips at a time. Yet giving back (infrequently admittidly) 30-90 pips when it loses.

e.g., http://jacobalpari.mt4stats.com/

Which when you think about it ...is completely opposite to the adage of "letting your profits run/cutting your loses short".

Have you found a way to limit the loses when they do occur?

sleepy

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beamstas said:

do any EA's actually work over a period of time without blowing up?
So far all the ones i've seen have blown up

Stormin how is yours going at the moment?

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Stormin_Norman said:

pretty much changing the underlying code. tweeking it, adding in some extra goodies and changing the settings gives quite a different beast to the original.

yeah, its opposite the usual advice, but over the very long term its shown through testing to perform well, and i have found it perform well going forward as well.

and no, i havent found a way to limit the losses. just have to be prepared for the occasional loss. part of the game.

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