Posts made by roar

@miki sharpe ratio is basically profit/risk, which is obviously a better metric than profit alone. However, using sharpe ratio in the optimizer often produces dead-end results - only 1 or 2 perfect trades with near infinite sharpe ratio and the genetic algorithm gets stuck with that.

I have found recovery factor to be the best optimizer goal.

@sktsec it changes this little status message (I think, lol)

@cesardefez if you flip a coin 10 times and always get heads, there is still a 50% chance to get heads again on the 11th flip.

I dont have an answer to your question, but I'm afraid it wouldn't help you anyway.

@moon https://fxdreema.com/shared/4SA4Gmmfd

@moon

MathSquare(123)

MathPow(123, 1/2)
MathPow(123, 1/3)

@cdwilder1 thats a very important question and I'm happy to know the answer, lol

Convert candle ID to time:
v1 = iTime(NULL,0, 123)
Put this code in a custom mql5 block and the open time of 123th candle is stored to variable v1.
https://www.mql5.com/en/docs/series/itime

Convert time to candle ID:
v1 = iBarShift(NULL,0, D'2020.02.22 12:00')
Put this code in a custom mql5 block and the ID of D'2020.02.22 12:00' candle is stored to variable v1.
https://www.mql5.com/en/docs/series/ibarshift

@saeed-2 the difference between current close and last close is the candle ID, you can select that for every block.

Candle ID 0 refers to the current candle (and current close)
Candle ID 1 refers to last completed candle (and close of last candle)

@breakertrader Digits() function returns the amount of decimals of the pair, so we can convert any point amount to raw value multiplying by MathPow(10,-Digits())

For example, 10 point to raw price: 10*MathPow(10,-Digits())
Then you can just use 1 pips = 10 points as a final calculation.
Works with all symbols.

@moon with these 2 functions:
https://docs.mql4.com/convert/doubletostr
https://docs.mql4.com/strings/stringsubstr

@breakertrader why do you need pips? Simplest way would be to work with raw values

@saeed-2 current price is the close price.

@sherifkudo I guess you want to use candle ID 1 in the "more settings"

@lopezdiaz2510
If you have a variable input, you cannot use that checkmark thing.
Also, I think Pips is not the correct input mode here, as your stop_loss variable is candle low - a level value - choose Custom (level) instead.

@highmoose like this

@avirovik candle low is not a pip value, its a level. Theres "Custom (price level)" input mode for that.

@luanainteglia tie your lot sizes to account balance:
AccountBalance()/1000 * 0.01

@seb-0 said

When you are saying "the Sp500 and my EA are not correlated", do you mean 1.the behave of my EA on the Sp500 is uncorrelated to 2.the behave of my EA on any other instrument ?
Thank you tho

I meant just going long on sp500 and then using your EA to trade forex, for example. It is unlikely that a negative day on sp500 always happens same time as negative day with your EA trading EURUSD, for example. The return series are uncorrelated. In theory, having many profitable but uncorrelated investments will smooth out negative shokcs in the whole portfolio, giving you better sharpe ratio.

@seb-0 I was just referring to some finance theory... Sp500 should be the ideal investment (you should put 100% of your money there), but its even better if you have 2 investments that dont correlate with each other (sp500 and your EA probably dont).

Hi @realjoker, @l-andorrà might not have the time for detailed help for everyone asking, but he still does much more good than harm, dont you think? We shouldnt discourage helping on this forum, help is not that abundant in the first place.

@seb-0 Nice result. Put 50% of your money into this and 50% into sp500, and you probably get better Sharpe ratio than sp500 alone.