Whats up, dear students, on this lecture Iwill talk concerning the strategy Builder that i have been using and that I willuse on this path to create the Portfolio knowledgeable Advisors. So what is theStrategy Builder? This is a software or program or you could call it an online-basedapp on account that this one especially is web-situated. We use it to automate ourstrategies. Now, i am not a developer. I do not know methods to code ExpertAdvisors and i relatively don’t have got to know that. Since initially, it is going to takeme fairly a very long time to be taught tips on how to do it.2nd, i’ll spend time on coding and now not on buying and selling. That is the item I amconcentrated on everyday. And 1/3, now we have the method Builders whichautomate the methods with one click and we do not must spend time actuallycoding. Very well? So a while ago, i can say about 5 – 6 years, even alittle bit longer, I was working for a organization where I was between the tradersand the builders. So I was essentially filtering the entire methods that thetraders in the enterprise have been using.I was utilizing these methods as good and that i wasgiving those approaches to developers to code them. Good enough? We had been paying thedevelopers. It used to be a very tough procedure, it was once taking a very long time, it was veryexpensive. Then after I quit working with the enterprise, I continued doing that by myself for mypersonal buying and selling. And sooner or later I discovered it can be now not the way in which I wanted tocontinue so I began watching for process Builders.And i’ve validated, Ican say, virtually the entire procedure Builders which can be on hand on the market or atleast the ones that I learn about. And i have chosen two. One is the ForexStrategy Builder official and the opposite one is EA Studio. They are coming from one and the same organization. And now we have integratedthem on our internet site which makes it easier to be used from our traders, fromour scholars, from me personally and it is very easy to use them once youare used to that. Anyway, i’ll display to you in this course how Iam utilising the EA Studio procedure Builder and if you want to supply it a try to seehow it is working you are able to do that. But the thought, yet another time, is that we automatethe strategies, we do not spend money to purchase knowledgeable Advisors from the market, topay builders to code our tactics, and of path there are numerous otheradvantages using procedure Builder. And you will see them throughout this direction.Anyway, i’ll comprise the knowledgeable Advisors, the Portfolio trained Advisorsready for buying and selling so you don’t ought to go via the whole method.But I wantto exhibit you the way i’m developing the Portfolio educated Advisors, what is theidea behind how i have tested them and this fashion, you are going to be aware of higher usethem, and how you can experiment them, and learn how to alternate with them. Okay? So if you happen to lookat our internet site at EA currency trading Academy, we have our coaching education, our courses,here is my staff definitely on the second. You will discover what number of scholars joinedthe academy, how many lectures now we have. Right here is our discussion board where you can joinand it can be definitely free.And in reality in the forum, there may be one very interestingtopic that’s referred to as admire the scam Brokers, some thing I used to be talkingabout. So it is very recommendable to look normally for regulated brokerswhen you are buying and selling currency exchange. And right here, we now have this matter known as learn how to Recognizethe scam Brokers. And specifically if you are a beginner dealer, that you can go overit. It can be very useful and you will know how sincerely these rip-off brokerswork. And below you’re going to see so many feedback, people affected by scambrokers. So it is vitally predominant that you know how to choose your dealer and how toavoid the scam brokers. Very well? On the top menu, you see now we have program. And ifI click on on it, there may be educated advisor Studio. This is the technique Builder thatI will use on this path and we have foreign exchange strategy Builder. So these are twodifferent strategy Builders, they have one of a kind elements. Which you can experiment them both.They arrive with 15 days free trial which you can use.And for the duration of this time, you canexport as many informed Advisors as you desire. Very well? So let me login to myaccount and i will show you what is the strategy Builder trained advisor Studio.So it’s whatever quite now not difficult to use. We now have the generator the place wecreate the techniques. After that they go to collection that will decide on which oneto use. And if you happen to click on on any of those, i will show you ways that works later, youopen the method tab. So that you could add any entry and exit conditions, and stop Lossand Take profit, something your technique is. And you’re going to see right away theresult or the backtest. And if you make any trade, you’ll seeit as good at the moment. Some thing very useful, anything that saves a lotof time. So let me simply exhibit it to you very swiftly. Shall we embrace you have astrategy on EURUSD for M30 chart.And listed here are the approach residences, so hereyou can enter with how so much you want to exchange. If you wish to use discontinue Loss youcan select between fixed and trailing, and i will depart it to one hundred. After which wehave Take revenue, i will depart it to fixed, then i’ll leave it to a hundred as good, justas an instance right here. So let’s select entry indicator like RVI. Ok? Crosses thelevel line, for instance, crosses the extent linedownwards. Alright? And here you should utilize the default settings. I’ll click on onaccept and also you see immediately we’ve the steadiness chart which is shedding. Alright? We now have an awfully steady line taking place. But this is just seeing that we haveonly one indicator and discontinue Loss and Take profit. So as an exit condition letme add, for illustration, the MACD, relocating ordinary, RSI. Ok? Let’s go to RSI. And what condition to pick, RSI, for example, crosses the extent line upwards.O.K.? And if I click on on accept, you’ll see that already we have now absolutely aprofitable process.Very well? Although it goes up and down on the end of the dayit is just a little bit on a revenue. And here i’m starting from 5,000 in reality, just asI have in my Demo account on Meta dealer. And you can set the settings from instruments,proper right here you will have the account foreign money, initial account and you have got theleverage. So it’s excellent to set it just the best way you’ve got your account inMeta trader. Very well? So let’s go back to the process. Now, that is an examplestrategy with a discontinue Loss, Take revenue, one entry condition and one exitcondition. Now, if I make any change on the RVI you will see right away thechange on the balance chart. So let me increase it to 11 and i click on on accept,and you’ll find there used to be a change. Let me broaden it once more to 12 and i clickon receive, you see there is a trade.So let me broaden it an additional time to thirteen,okay a bit of bit higher technique over right here. Let’s change the RSI. Forexample, i’ll trade RSI, let’s increase the interval to 15, I click on onaccept and also you see there is a exchange. Let me alternate it a bit of bit moreaggressively like 220 and the extent 250. What will we have now? All we now have is a losingstrategy. Okay? Let’s go to 30 and i will go to80, what i will have, once more a losing strategy. Alright? Let me curb it alittle bit, for illustration, 227 and right here i’ll minimize as good the 80, and stillyou see there is not any huge change. Now, let’s change the RVI degree. All right? Forexample, i’ll go to negative. Let’s make it bad of zero.05 and i click onaccept, and you see here the process just improves. Let me scale down it extra.Let me are trying with terrible zero.1. What i’ve, a a lot better technique and quite often if Iplay around extra i will have some higher process, and i will discover a betterstrategy.However this is just seeing that i’ve been using it loads. I understand how theindicators, you will see, when I did to bad of 15, it has a first-rate balanceline. No longer like a high-quality one but it is a lot better than it was. Let me decreaseit more to negative 0.20. I consider this one is somewhat bit worse considering the fact that thereis a large drawdown here so i’m going to return to terrible of zero.15. So i will playaround with that for an extended time and i will build some optimistic strategiesbecause i have been utilizing it so much. I know what are the parameters for most ofthe indications, and absolutely guys we don’t use the default parameters for theindicators. Ok? You can’t relatively assume to make some revenue with the defaultparameters of the indications. Anyway, we don’t do this manually right here.I do not do it manually. I simply want you to show you that some thing trade we makeon the parameters, we see right away the outcome.And let me alternate it just a little bitmore and you’ll see some dramatic change here. Alright? So anything changewe make, you’ll discover the backtest. Now, in case you do this manually you willneed to experiment this method with some parameters, for illustration, for 1, for 2months. Then you are going to need to test it with one other parameter and with someoneit will take you months, perhaps years to test just one approach andstill you will no longer be capable to search out the fine solution, the quality mixture ofindicator parameters. Good enough? But with the method Builders we do this allautomatically. We now have the optimizer which helps precisely to find the bestparameters for a approach. So if I click on on begin, you’re going to see how quickly itcalculates the methods. And it discovered already new parameters, so here is theoriginal line that we had and here is the one who is much better. And Iclick on edit and you are going to see that we now have distinctive parameters for the RVI,RSI, okay a bit of bit nearer we now have discontinue lack of 104, Take profit of99 etc.Now here comes a factor that when we use the optimizer for the wholeback-demonstrated interval, which in this case is from 18th of September 2014till ninth of may 2019 which is at present. And once we use optimizer for the wholeperiod, there’s the risk to over-optimize the approach. So the optimizerwill find the very first-rate parameters for this interval of time.However there is no guarantee that these parameters will continue someday.Ok? And i will show you in this direction exactly how to avert this over-optimization. And this we do with the exceptional robustness tests like the WalkForward validation, something very fascinating that i’ll duvet in thiscourse, the Monte Carlo and as good we’ve got Multi Market the place we can see ifthe technique is lucrative on the other markets. And if I click on on , you willsee that it’s profitable on three markets, on two it’s dropping.So itsprofitable on EURUSD, the green is GBPUSD and the blue is EURJPY. Sohere we will see on what number of markets the technique is profitableand on how many it can be dropping. And of direction, if it is dropping on the entire othermarkets most likely the procedures over-optimizefor EURUSD. And that you can add unique markets if you need beneath. Sowhen you build your strategy, we’ve got the button to export the knowledgeable guide.Youcan export it as an informed consultant for Meta trader 4 or as an knowledgeable consultant forMeta trader 5. And that is nice considering that with one click I export the strategy asan knowledgeable advisor. If I click on it you’ll see the code of the approach. O.K.? So that is the very exceptional thing with the approach Builder EA Studio,that with one click on we will export the method as an proficient guide. No want tohire a developer to try this for us. And in actual fact, we are able to export as many ExpertAdvisors as we want. And on the blue bar on the top, we’ve the portfolio,something i will exhibit you in a while. Which means that that we can simply build acouple of approaches and even many methods, position them in the portfolio,we can see the mixed backtests and we will export all of them into oneExpert consultant. So this is what precisely is Portfolio trained Advisors. With oneExpert guide, we can exchange many tactics or we can say many ExpertAdvisors.Alright? Then we’ve the info, anything i’ll cover in the nextlecture. After which now we have different tools, you could set the buying and selling session,correlation analysis which helps us to realize steadiness line correlations orstrategies with equivalent trading principles. So sincerely when we run the generator itwill generate for us tactics with one of a kind parameters in the indicators,different conditions for entry and exit which brings better diversification. Andactually the generator works highly quick, i’ll simply reveal it to youhere for a second. If I press on with any random settings, I just wantedto exhibit you how it’s working, you will see that thecalculated systems. This is the specific speed,how many strategies are being calculated. And you will find that already we now have onestrategy, truely two methods into the gathering. Good enough? So with predefinedrules we can generate techniques. For illustration, right here i’ve said that I wantminimum 10 pips and highest a hundred pips for stop Loss and Take revenue and it findsstrategies inside this variety. And then i have within the Acceptance criteria somemore filters which I want to have.And the generator works over the historicaldata from the dealer. Good enough? And i’ve used here the default Meta Traderhistorical data but in the next lecture i will exhibit you easy methods to export yourhistorical data from your dealer and easy methods to put it in EA Studio if you wish to have togenerate procedures by using your self. And that is very important without a doubt, to work overyour historic information. Considering you need to keep something in mind,all the brokers provide one-of-a-kind bid and ask fee for the belongings. Andeven if there’s a very small change, this types differenthistorical knowledge. Adequate? It types unique bars and candlesticks which is theactual old information. So we now have the current price on the second and all therest at the back of is old data. And precisely we use this knowledge to backtestthe trading tactics. Already over 20,000 tactics are generated and fromthis 20,000 and even 21,000 approaches generated just for a coupleof minutes, we have best 15 procedures into the gathering. That is when you consider that Ihave set Acceptance standards and i filter these strategies. And here I havefrom my earlier work minimal rely of trades 350, minimal revenue component of 1.2,minimal R-squared of fifty.Very well? So all the strategiesare now into the gathering and if I click on on any of these i will see what arethe entry ideas, the exit rules. I have a very unique indicator chart whichshows me where the approach is taking the trades. You’ll discover here now we have ashort trade up to right here, and then right here we have two extra quick trades, very goodones proper right here. And right here we’ve an extended trade which mostly ended with zerolosses and revenue, and many others. We have statistical knowledge, detailedstatistical know-how in regards to the procedure. Many things which are notavailable in Meta trader, and there we shouldn’t have the generator in any respect.So we can not generate approaches there.And in the subsequent lecture, i will show youhow to export the old knowledge out of your dealer. Which may be very important tobe used if you want to generate your possess procedures utilising EA Studio, or should you wantto use the optimizer in EA Studio, or anything else. Very well, guys? I willcontinue right away with the following lecture. Cheers..