left-cornerright-corner

Welcoming Page

Initial Calibration

Improving results

DO NOT MOVE TO THE IMPROVEMENT PHASE BEFORE YOU HAVE COMPLETED THE CALIBRATION PHASE WITH REASONABLE POSITIVE RESULTS 

 

This video shows you:

  • How to find higher producing settings based on your own Broker data
  • How to test the important input groups to identify the ones that have a high impact on results
  • How to find the better setting using your time effectively?
  • When the best time is to use “tick Data” and “open prices”
  • Is shows how the optimised results improved from $33 000 to $44 000 in 6 months

Please view the Questions and Answers section at the bottom of this page if you are encountering any problems.

If you can not resolve a problem please contact the Expert4x support with as much detail, including pictures, for them to assist you

Well done if you have completed the process so far

You will have done more than most EA Forex traders do. What you will achieved by completing this the "improving the settings for your broker account" is to find out which setting worked very well for the period, timeframe and currency you tested. These results are curve fitted to those particular variables and are not guaranteed to produce the same results in the future at all. Nobody can actually tell what will work into the future so these finding are the best guide you have at this stage and worth testing on a demo account.

Hopefully by now you have a good idea how the EA works and which setting are more important than others and what the potential of the EA is. The setting you have identified are a good guide to setting that may work in the future.

In the Forum we are hoping to find discussions on the way forward. These would include further testing using other testing periods and methods to find more "robust" settings.

What you can also do is test more currencies, timeframes and use different periods. You will soon build a good feel of which settings are more robust than others. The more you test the better your confidence will become.

Unfortunately testing and optimisation of EA is a huge topic and can not possibly be covered in detail in this EA support. Please try to squeeze as much knowledge out of the content on the Forum and please ask as many questions as you like.

Steps to find improved settings for your broker account

  1. Run a number of alternatives settings for each major input group. The major input groups for 4  hour charts are:
    1. MA settings,
    2. ADX settings.
    3. Stop and Target settings,
    4. The number of open deals settings.
    5. Keep open deals open or close then settings
    6. Use a following stop
  2. Find the most sensitive settings that make the biggest differences and use those as the starting point for another run of settings.
  3. Find the best result based a reasonable amount of tests
  4. Convert the best results to tick data based results

  • q-iconI am getting insignificant results when running my tests

    When you get “insignificant Results” in your test it means that the test are resulting in negative results.

    Firstly: To see that actual results go to the Optimization results tab, right click on the optimization results sheet and then un-tick the “Skip useless results” option.

    show useless results

    Steps to take to resolve “insignificant results”:

    Make sure that you have completed all the step on this page http://www.makemoneyexpertadvisor.com/calibrating-for-the-4-hour-forex-charts/

    Make sure your settings are correct and in-line with what is shown in the video

    Increase the account size you are using from $10 000 to $20 000

    If you still have problems contact Expert4x support with as much detail for them to resolve your problem