It's all spelled out a dozen times in earlier posts in this thread. Massive speedup for optimizing MT4, with other advantages too. MT4 provides for Open Prices Only, as do many EAs. This makes tick data unnecessary. Good luck!

Most Famous Blessing 3.9.6 EA and Setfiles

Thanks for checking. As I mentioned before, you can't just take a set file for one broker and use it on another. This is not the stock market where everyone has the same data. Open Prices Only helps a little. But the data from different brokers ...

Most Famous Blessing 3.9.6 EA and Setfiles

This one looks fairly nice. PortionPC is set to $250. If you want to follow the account size change that number to 100 or less to specify percentage of the account. image file file Good luck!

Most Famous Blessing 3.9.6 EA and Setfiles

Thanks for taking the time to check and report. I'll look into it. I suspect it's not an easy fix. How different are they? The few tests I made moving profitable set files from MT5 to MT4 were still nicely profitable. OPB is not necessary on MT4, ...

Most Famous Blessing 3.9.6 EA and Setfiles

Here's one pass using the Optimize set file I posted recently. Took about an hour for the computer to run. Probably needs cleaned up a bit. Just an idea what things look like. Note PortionPC is set to $250. That means Blessing is supposed to be ...

Most Famous Blessing 3.9.6 EA and Setfiles

There are a ton of good settings in this thread. Perhaps try reading it a little more carefully. Much like trading Forex, you need to know some things to be successful. 80% of folks that try fail. Mostly through lack of knowledge and lack of care. ...

Most Famous Blessing 3.9.6 EA and Setfiles

MT4 is okay for backtesting, just limited compared to MT5. You need to optimize fewer parameters at a time. For testing subsystems like grid sizing it should be fine. And helpful. MT4 optimizes fine, it just takes more work and time from the user. ...

Most Famous Blessing 3.9.6 EA and Setfiles

That's something I have yet to explore. I tried once or twice and couldn't figure out how to make it fly in backtest. If you figure it out please share. Always possible UseGridOpt has a bug in MT5, I don't know. I usually let Strategy Tester decide ...

Most Famous Blessing 3.9.6 EA and Setfiles

Best not to test over a zillion years when doing initial tests, when testing a couple months instead will save tons of your time. And see if the Journal holds any clues when problems arise. Good luck!

Most Famous Blessing 3.9.6 EA and Setfiles

My apologies, Blessing is still not compatible with MT5's Open Prices Only. I'm not sure why. And at the moment I'm too busy to look. Just use '1 minute OHLC'. Works fine. Don't use every tick. That will take ages to finish and with no real ...

Most Famous Blessing 3.9.6 EA and Setfiles

It appears I made a mistake on the recent set file (Optimize-MT5.set). I somehow switched some parameters around and allowed the stop loss (SLPips) to possibly be optimized to off (less than 1). You may be okay with that, but I prefer to use a stop ...

Most Famous Blessing 3.9.6 EA and Setfiles

Becoming familiar with a whole new platform is a pain. MT5 has way too many gratuitous incompatibilities. And it's not nearly as fast as it should be. I really think they may have slowed it down on purpose. But, the advantages are undeniable. You ...

Most Famous Blessing 3.9.6 EA and Setfiles

Reminder: MT4 and MT5 set files are not compatible. One will not work with the other. I think they will quietly load, perhaps without errors, but they won't work at all. There are a few translators available, I'll see if I can come up with one more ...

Most Famous Blessing 3.9.6 EA and Setfiles

I'm sorry I'm not understanding what you want. I think that's pretty much what I just posted.

Most Famous Blessing 3.9.6 EA and Setfiles

That setup is designed to work with MT5, optimizing all parameters at once. MT4 does not have the capacity to do that. It will tell you to reduce the number of parameters and refuse to run. I've actually posted some similar, though more limited MT4 ...

Most Famous Blessing 3.9.6 EA and Setfiles

There are a ton of other places that will teach you how to get started with Strategy Tester. Best not to clutter this already over-long list with such details not directly related to Blessing. There are a ton of Youtube videos and all kinds of other ...

Most Famous Blessing 3.9.6 EA and Setfiles

This post keeps coming up in my memory. Do you feel lucky? video

Most Famous Blessing 3.9.6 EA and Setfiles

Note that set files can be edited by hand (carefully.) And you can do things like leave out all the lines that you normally never change, or the ones you change frequently, like Notes. When you load the file it will be merged with whatever settings ...

Most Famous Blessing 3.9.6 EA and Setfiles

Here's a set file you might try to get you started. Try it across three or four months of history on some random pair and see what you get. This is for MT5. MT4 is too limited to test this many variables at one time. (There are converters for moving ...

Most Famous Blessing 3.9.6 EA and Setfiles

Thanks.

Most Famous Blessing 3.9.6 EA and Setfiles