Greetings !

Many of the methods on the MQL Market attempt to predict the longer term.

The one instrument we now have is historical past.

There is no such thing as a future with out historical past. However tips on how to predict it?

Everybody in MQL strives to resolve this query.

Most TOP methods cease working after a while.

1. Purpose. Hackers.

As a rule and most frequently this occurs as a result of fixed hacking of those methods by hackers.

Hacking happens utilizing atmosphere emulation through msimg32, oleacc and so on.

All these DLLs will let you emulate the working system atmosphere, activation is tied to those mechanisms.

Subsequently, monitoring all this from the MQL facet is nearly unattainable.

After such a hack, the system falls into 1000’s of palms world wide and world wide, it’s already placed on stream.

Subsequently, as a rule, the system exhibits itself completely in the beginning of the trail, however then it adjustments.

Fortuitously, we now have realized to take care of this and all our methods are shielded from such hacking.

We use an end-to-end encrypted safety server and https, that is already working for us now.

2. Purpose. Razor blade.

It is a OVER-optimization. All of us need to have an ideal algorithm that by no means misses.

It is like strolling on a razor’s edge, one mistaken step and also you fall down.

Subsequently, the developer falls into such a lure, the settings are so good that any change out there breaks them.

It is sort of a fragile home of playing cards, it’s massive, tall and exquisite, but when the wind blows, it can collapse.

It’s potential to create such settings, however will they predict the longer term.

And sure and no, it all the time depends upon the diploma of volatility of market conditions.

Subsequently, we all the time have inside safety in opposition to massive information, comparable to FOMC and so on.

Slip safety and fixed adaptation to dealer situations, spreads, delays.

Now it already works for all our methods.

3. Purpose. Not all brokers are the identical.

All brokers have completely different quotes and completely different spreads.

This is because of completely different quote suppliers and subsequently they differ.

Subsequently, the best resolution is to create a quite simple technique and make it work.

The extra complicated the algorithm, the upper the possibilities that it’s going to not work sooner or later.

4. Purpose. Margin of security.

Additionally, remember about ahead testing. Particularly if it issues Grid or Martingale.

The settings should have a margin of security, that is additionally essential, you shouldn’t squeeze all of the juice out of the algorithm.

Ahead testing lets you check the system as much as a sure date.

This requires a quick algorithm and excessive optimization pace

For instance, till December 2022, if you happen to obtain glorious settings they usually proceed to work till the present day, you then even have a number of months to test the system and its settings.

The essential precept right here is that if it labored earlier than, it can work now.

5. Purpose. DONT Use Martingale or DONT  use just one pair.

Most methods available on the market commerce with just one foreign money pair, these are EURUSD/GBPUSD/USDJPY/GOLD

Such methods will be very costly, though they solely commerce 1 pair.

On the identical time, the methods are all the time closed, this can be a black field, you’ll by no means get the parameters to regulate your algorithm and get away from the gang.

Some methods don’t also have a actual sign, actual trades and nonetheless use Martingale.

6. Purpose Luck

All our methods are multi-currency. Furthermore, all of them commerce concurrently on a number of foreign money pairs.

For instance GWay makes use of 5 foreign money devices, DIVO makes use of 12 foreign money pairs for buying and selling, Eve makes use of 10 pairs.

All these foreign money pairs have completely different settings, completely different optimization, completely different time frames.

On the identical time, all methods are open, furthermore, you’ll be able to learn the information and create your personal distinctive settings primarily based on it.

Creating such a multi-currency system is all the time a variety of work and time assets.

It takes roughly 2-3 days to create settings for 1 instrument/foreign money pair.

It could take 1 month to create all settings for 12 pairs.

Subsequently, some pairs could commerce barely worse than others.

Out of 1000’s of settings, we all the time select the most effective by way of revenue issue, restoration issue and drawdown.

Then we stock out a ahead test till right now.

And even on this case, the luck issue performs no small function, as a result of we will select the settings a bit of worse or higher.

Subsequently, the luck issue additionally comes into play, particularly when you might have 12 foreign money pairs to commerce, and never 1 and the one with the Martingale…

However alternatively, we will all the time select solely the most effective foreign money pairs from an enormous listing simply to your dealer.

I hope these causes and penalties will enable you to select one of the simplest ways to test and analyze methods in MQL.

In case you have learn this to the tip, maybe you could find extra in My Full Weblog