I have EAs loaded onto several accounts. I also wanted to trade manually within those accounts or partially close manually trades already open. The EA assigns a magic and a comment to each trade. I was thinking... I could say close any trades where ...

MT4: Can comments or magic number be modified if order open?

you need a significant number of drawdown periods in your sample for any analysis of historical drawdowns to be meaningful Absolutely. I use it the other way up (MaxDD/Daily Return) as a measure of the drawdown in days Can you give an example ...

Alternative Reward to Risk Ratio for Trading System Statistics

I'm sorry I didn't understand your explanation. It clearly included the trivial loser in your example from the start. I know it's not a marty either. It's just that the trivial example if repeated over nth trades resembles a marty. You're probably ...

Alternative Reward to Risk Ratio for Trading System Statistics

I have to disagree on the statement "The one trading more often will generate more profit". I understand it's in context to your initial logic using an already profitable system to start with. However, a system trading more will only be profitable ...

Alternative Reward to Risk Ratio for Trading System Statistics

If the systems have the ability to differentiate amount of risk percentage per trade, then the system of may be more profitable, or the system with a score of 10 could be leveraged higher or lower depending on the effect on DD and reward one ...

Alternative Reward to Risk Ratio for Trading System Statistics

Yeah, I'm strictly talking about applying this to automated systems and evaluations of trading systems, especially those that allow flexibility in the amount of % capital to risk on each trade or position. I say trade or position, because many of ...

Alternative Reward to Risk Ratio for Trading System Statistics

Sounds like a Martingale to an extent. A very small pip target with huge stop...let's say that the stop is triggered eventually and the system reveals a 95% DD or more. The system is over. The system can only take 1 losing trade and 2 consecutive ...

Alternative Reward to Risk Ratio for Trading System Statistics

Your link to Sterling Ratio goes to the previous post ? I'll google it.

Alternative Reward to Risk Ratio for Trading System Statistics

I think comparing two systems or two similar systems over the same length of time is a must otherwise you would get skewed comparisons. Definitely compare over the same period of time, when comparing system results or as you say use an annualized ...

Alternative Reward to Risk Ratio for Trading System Statistics

I have two versions of this...with Close 0 and Close 1 both only draw from when the chart opens, I want them to draw the historical line as well, because if I close the chart, it starts from zero again and there is not much of a line to see unless ...

MT4 Custom Indicator Plotting Question

Are you suggesting...? if (counted_bars > 0) counted_bars++; int limit = Bars-counted_bars; for (int i=limit; i >= 0; i++)

MT4 Custom Indicator Plotting Question

When I said market makers what I really meant was institutional scalpers. I understand what market makers are and their role. However, I meant a much broader class of traders with better execution and deeper pockets.

Is anyone here an institutional trader?

So please correct me if I'm wrong. Let me begin by saying that I'm a crappy scalper. But, the statements you just made could unlock the key to scalping. Directional price movement for any period in time is in relation to the number or volume of ...

Is anyone here an institutional trader?

Regarding the speed... Just realized via experience, a longer list of if statements and condition checking takes much longer to run backtests. Running a multi parameter and multi EA, EA backtest now, with 29 buy conditions, 29 sell conditions, and ...

MT4 List or Array?

Thanks. That is POWERFUL. With the STATUS... So this method is much faster and of course less redundant and less prone to error and once laid out, easier to code as long as one knows what they are doing. So I suppose with 30 simple IF statements the ...

MT4 List or Array?

I understand it may be a caveman way of programming. But, "loads of ifs with condition checking" is what I know I can start implementing immediately. I know it's redundant and prone to errors of repetition and errors of omission. It's not that I ...

MT4 List or Array?

Anyway, I think knowing all the possible trading scenarios before testing is more important than considering using a list, nested loop or an array. I know how to code this out list wise. The other coding types I will study for possible future ...

MT4 List or Array?