My method for creating a stable, good EA is as follows
“Smart Choice for FX Automated Trading (EA)”
I’ll briefly introduce the method I use to create a stable, good EA.
1. Overview
What I pay attention to when creating an EA is to use a simple, easy-to-understand logic,
utilize Excel's analysis tools, and perform pseudo-forward testing.
I will explain that flow.
2. Development Flow
① Consider the logic.
■ On higher timeframes, confirm the direction and strength of the trend. The arrows in the figure show the trend direction.
■ When the oscillator-type technical indicators reverse from the trend direction, enter,
and when the trend direction is established, trigger a trailing stop to extend profits.
② Move the data into Excel, and after examining hundreds of technical indicators and filters for correlations,
use VBA to determine the optimal values.
③ Return to MT4, create the EA based on the optimal values from step ②, and again use the strategy tester to
optimize. The optimization uses only the first 10 years out of the past 12 years.
④ Use the optimized EA to conduct pseudo-forward testing on the remaining 2 years.
If the pseudo-forward test results are not favorable, go back to step ① or ②.
2. Real forward results of “Yamagi Suimei”
That is all.