Tuesday 13 March 2012
Hi All...have been trialing an EA on AUDNZD M30 on a very small account - entry envelopes set to 0.8% on 5ema based on H+L/2 and take profit on the 0.6% envelope - I got this result overnight last night and don't understand it: note: dark purple is 0.8% envelope, light purple is 0.6% envelope, organe is 20/2 bollinger bands:
As I hope you can see the trade triggers right on the 0.8% upper envelope - all good - and then price reverses and hits the 0.6% lower envelope - as far as I can tell that should have been a winner - but instead the EA buys closing out the trade some 12 pips higher right above both the 0.8% and 0.6% envelope and as far as I can tell no where near where any price action has been - I'm not even sure how this is possible - let alone what is wrong with the EA - any thoughts anyone???
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Glen,
ReplyDeletei have noticed a lot of strange things happen. (using Demo) i think the spread is extreemly volitile, this may be some of the reasons for the account looking so poor as i have been watching the the ask line move around. this was somthing that wasn't realy discussed as the bars do not reflect the ask position i believe.
i realy want to go live but this has raised questions as to the quality of back testing as I have been using approx 1.5pips above average.
Regards
Roy