So my friend doesn't know mql4 which i have to write the indicator in soooo ...
Im learning mql4.
frustrating shiznip
Im learning mql4.
frustrating shiznip
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reverse engineering MACD-R2
- Thread starter nukethewhales31
- Start date
to some extent
indicator was finished loaded it into custom indicators in demo account...
Ran one test made 10% off first trade....
Still need to so some smoothing and a couple of revision but overall...
Seems like Indicator MACD-R2 matches MACD-R2 from trials...
will back test tonight and match results from indicator vrs. macd-r2
Also will be modifying formula and rebuilding so i can test ind. M-MACD-r2 VRS ind. MACD-r2
Ran one test made 10% off first trade....
Still need to so some smoothing and a couple of revision but overall...
Seems like Indicator MACD-R2 matches MACD-R2 from trials...
will back test tonight and match results from indicator vrs. macd-r2
Also will be modifying formula and rebuilding so i can test ind. M-MACD-r2 VRS ind. MACD-r2
Quote from nukethewhales31:
indicator was finished loaded it into custom indicators in demo account...
Ran one test made 10% off first trade....
Still need to so some smoothing and a couple of revision but overall...
Seems like Indicator MACD-R2 matches MACD-R2 from trials...
will back test tonight and match results from indicator vrs. macd-r2
Also will be modifying formula and rebuilding so i can test ind. M-MACD-r2 VRS ind. MACD-r2
Finished Revisions and smoothed also changed format to histogram with predrawn buy sell lines
looking to add probabilities of hitting targets at exit points onto indicator lines
first round tests show between .5% and 3.5% ...
97% accuracy with 5% gain per trade
so it matches tested rates earlier
i also modified the formula a bit to improve accuracy and to be more viable in FX market ended up with around 1% more accuracy but amount of trades increased significantly.
Lookin good in backtesting in FX
My goal at this point is to forward test this in demo account just as how its suppose to be traded in the FX market and record my failures/successes.