Hi,
I'm developing my first proper EA with order management etc.
How is it, that the EA is performing so differently on different currency pairs?
E.g. on EURUSD, I can back test it for a year and have profit factor of 1.34 and 70% of winning trades and a maximal drawdown of 513 (in an account of 10k), thus making a good profit (of course there's still a lot to change and test, especially the losing trades)
But on EURGBP it has a profit factor of 0.6, losing a lot of money.
Do/should profitable EAs work equally well on all currencies or is my scenario above normal? http://www.fxfisherman.com/forums/im...milies/huh.gif
I'm developing my first proper EA with order management etc.
How is it, that the EA is performing so differently on different currency pairs?
E.g. on EURUSD, I can back test it for a year and have profit factor of 1.34 and 70% of winning trades and a maximal drawdown of 513 (in an account of 10k), thus making a good profit (of course there's still a lot to change and test, especially the losing trades)
But on EURGBP it has a profit factor of 0.6, losing a lot of money.
Do/should profitable EAs work equally well on all currencies or is my scenario above normal? http://www.fxfisherman.com/forums/im...milies/huh.gif