Final Verdict
Till date, the EA strategies were written considering the worst conditions - with a conservative approach just to sustain in the market, believing profit will be only by product, because, as I said before, if the EA is able to do trades and sustain only - I will be earning enough from rebate partners just for generating volumes for the broker and ofcourse broker and agents will be earning handsome commissions because of each trade we are performing.
In this scenario, generating profit out of the EA is truly secondary.
However, as one of our greatest advisor here suggested for optimizing the profit factor, next strategy on this EA will be optimizing the scenarios where the EA is on control and will see how much profit we can yield from the market when the EA is winning against the market!
Till date, the EA strategies were written considering the worst conditions - with a conservative approach just to sustain in the market, believing profit will be only by product, because, as I said before, if the EA is able to do trades and sustain only - I will be earning enough from rebate partners just for generating volumes for the broker and ofcourse broker and agents will be earning handsome commissions because of each trade we are performing.
In this scenario, generating profit out of the EA is truly secondary.
However, as one of our greatest advisor here suggested for optimizing the profit factor, next strategy on this EA will be optimizing the scenarios where the EA is on control and will see how much profit we can yield from the market when the EA is winning against the market!