Hi all...
After loading history data that I found from http://www.forextester.com/data/datasources.htmlinto M1,M5,M15,M30, H1 and H4. I did another test with same sets with this EA predicated on Every Bit...
As the nature of this test of every Thick interior MT4 (which some folks claims are the most accurate), it is going to create the Thick predicated on the very least timeframe data available. In this case is the M1.
Know that the EA reveal a deadly failure to perform well from the backtest procedure.
Surprisingly... I was also starting to forward evaluation on my demo account this morning (my time zone GMT 7 ) along with the EA perform seems doing pretty nicely....
For the mean time... I place this EA in M5 TF simply to assess whether it is going to open and shut deal as it supposed to. And it did. It earn me 10 pips in M5 Tf (TP:10/SL:30, same places ). This EA work just like the logic behind trading with MA Strategy.
Now I realize that this EA is not encouraged to work with M1 time period. As it suffers from too many false signal Considering that the trades which calculated with M1 as established TF in negative, will emerge in background data.
And after deleting the M1 and M5 history data and re-run the evaluation based on M15 and preceding data. As it supposed to the evaluation begin to emerge.
This simple fact leaves me to some forecast that M15 is the very least TF we must use with this EA in order to filter poor deals, while H1 and H4 is the TF in which this EA will perform well as in MA egy established trading concept.
Will perform additional forward evaluation with the same SETS with H1 timeframe. It is going to take a while. .
Will come back to you shortly...