there are some practicalities of both the development and the deployment of a machine (EA), with the added change in habit required.
development/ manual system to machine
development/ learn to work with a programmer
deployment vps/ learn to operate a vps
deployment machine/ demo account to bug check machine
deployment machine/ cent account learning operation
deployment machine/ next pair. then to pair 9
your expertise & abilities grow organically until the habits are formed. you notice routines establishing themselves. you need to get from point a to point b… FIX API
the reason to start with one pair using a machine is to roll over before crawling before walking before running. manual trading and machine trading is trading, same same but different.
you have no way of knowing when you look at the lastbarclose whether that is the beginning or end of trend, or the beginning or end of range. none. nada. zip. so drawdown by manual or machine operation is the same.
I deal with this by taking every sigA + sigB + sigC + sigD + sigE. there will be clusters of open profit at the beginning and mid trend. the frequency of BE (enter with 2 positions, one with TP of 1R:1R) increases towards the end. the frequency of LOSS increases during range. BUT… as I take every trade then I HAVE those clusters at the start of trend. that is where profit lies.
development/ manual system to machine
development/ learn to work with a programmer
deployment vps/ learn to operate a vps
deployment machine/ demo account to bug check machine
deployment machine/ cent account learning operation
deployment machine/ next pair. then to pair 9
your expertise & abilities grow organically until the habits are formed. you notice routines establishing themselves. you need to get from point a to point b… FIX API
the reason to start with one pair using a machine is to roll over before crawling before walking before running. manual trading and machine trading is trading, same same but different.
you have no way of knowing when you look at the lastbarclose whether that is the beginning or end of trend, or the beginning or end of range. none. nada. zip. so drawdown by manual or machine operation is the same.
I deal with this by taking every sigA + sigB + sigC + sigD + sigE. there will be clusters of open profit at the beginning and mid trend. the frequency of BE (enter with 2 positions, one with TP of 1R:1R) increases towards the end. the frequency of LOSS increases during range. BUT… as I take every trade then I HAVE those clusters at the start of trend. that is where profit lies.