The alignment between backtesting results in MT5 and forward testing in a real account was virtually 100% (as of September 30, 2023)
This is an announcement about the progress of Super Recovery.
Please read together with the video explanation.
I’m delighted that the number of people interested in purchasing Super Recovery is increasing daily.
Currently, we are considering ending sales of Super Recovery ver.1.3 for the time being with about 100 participants, assuming they will bring a reasonably large amount of funds.
After that, rather than a simple upgrade, we are thinking of a method that significantly changes the logic so that entry and exit timings will differ from version 1.
In other words, version 2 is planned to be a completely different product with a different logic.
However, if we can earn significantly, we will proceed; but if it remains a slow grind of wins and losses, we may keep the participant limit and upgrades on hold for a while to observe.
Now, I will comment on the three consistencies: forward testing on Gogojungle, MT5 backtesting, and forward testing on a real account, which is today's theme.
In Gogojungle, you cannot view positions you are holding even if you are the seller, so you won’t know where the entry occurred.
However, you can verify to some extent whether the unrealized loss or gain reached that level.
First, please watch the video.
By the way, as a side note, the background image of the video thumbnail symbolizes my 15-year FX trading history and the fact that I struggled for 10 years through a dark, long tunnel.
I sometimes receive messages from people in similar circumstances, and I hope I can be of help to them.
In the video, I talked about the differences between the two forward tests in Gogojungle.
The two refer to a discrepancy in the number of held positions recorded on the product page for the half-price, Recovery-only buyer’s page.
The figure above shows the current number of positions as a normal 12 positions.
Forward testing progress of Super Recovery on Gogojungle.
The next figure is a product page that holds 15 positions of the same Super Recovery.
It’s the exact same EA, but I discussed such a discrepancy.
I don’t know the reason.
This is the same scenario on the same Forex Finess with Super Recovery’s forward testing, and these kinds of things can happen.
Next, the backtest results on MT5 based on realistic assumptions completely match the forward testing and entry on a real account.
In the future, I will report again on how trailing movements are moved and the timing and results of settlements.
In short, this is a theme of verifying and optimizing the logic of an EA using MT5 to see how far it can hold up on real accounts.
The closer the accuracy to real forward testing in MT5, the higher the future expectations for MT5, in my view.
Here at Gogojungle, MT5 users are still a minority, but by writing these verification articles, I hope many will move from the discontinued MT4 to MT5, which offers more accurate optimization tests and backtests.
See you again.