EA Forex Academy – Algorithmic & Manual Trading Courses › Forums › Forex Trading Forum › Use of Historical data & Data Horizon › Reply To: Use of Historical data & Data Horizon
Yes I always use monte carlo as Petko teaches…. Set it to run within the reactor. The reactor can hold a maximum of 300 into the collection. I run up to 10 reactors at a time. 6 on one PC and 4 on another. I run them continuously at times and it has taken weeks and maybe months to get the number of strats I am talking about. Of course there will be a point when it is no longer a benefit to keep adding more and more strats and may even have negative effects…… I don’t know yet. I just keep running multiple side by side tests all the time to identify any consistent edges that I can add to the system….. I would probably just stick with 4 pairs like the EURUSD GBPUSD EURJPY GBPJPY if you are fairly new….This will give you the 4 main pairs evenly traded. (Each currency appears twice each) Create a few 100 strats for each pair and then experiment on how you will filter them to say a top 10 of each. Then trade all 40 together on one MT4. One of the key things I have learnt from Petko and my years of manual trading before coming here is to keep the currencies balanced for each MT4….. One of the bigger questions I have pondered lately is do you filter the trades more thoroughly initially and then possible run them for a shorter period of time (1 week) or do you not filter them so stringently and let them run for say a month but then apply some filtering as you go along to cull the poor performers…. If you have read through my posts in the last month I feel more comfortable creating a large amount of strats, filtering them more stringently and then let them run for 1 week. I am aiming to start them Monday morning and then shut them down at the end of the week and be out of the market over the weekend. I will have to see how I go……. Without getting to philosophical I believe that you have to ultimately make your own system that aligns with your personality. Any way enough ramblings for now……..