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  • #21
  • Aug 3, 2017 3:55pm Aug 3, 2017 3:55pm
Quoting Rag2RichesFX
{quote} Your mind is limited. What makes you think the DD is 80%... or anywhere near that?? My programmer is incredible. But that doesn't mean hes a good enough trader to figure out how make a winning strategy on his own. You may be a great programmer but you don't understand that concept I guess. When my EA take 10,000 trades per year that profit 0.01-0.05% each. You do the math. Theres about ~5 million retail forex traders in the world. ~250,000 are profitable. Of those 250,000 probably only 20,000 or less have profitable EAs (complete guess)...
suuure.... you just don't know how long it takes to backtest complex stuff over a 10 years period on the M30 TF and using open prices... about 5 hours.

15 years using tick data !?... at least 10 years.
  • #22
  • Aug 3, 2017 3:57pm Aug 3, 2017 3:57pm
Quoting HeyYou
{quote} suuure.... you just don't know how long it takes to backtest complex stuff over a 10 years period on the M30 TF and using open prices... about 5 hours. 15 years using tick data !?... at least 10 years.
Dude you fucking serious. Is your processor a toaster?

How can you say it takes 10 years to run 15 years of tick data. Dumbest thing I've ever heard.
I'm starting to think you are a troll because no one is that dumb.

Your status is "bored of losing". You just seem like you are bitter and skeptical from years of losing money
Be hopeful in a winning position, and fearful in a losing position.
  • #23
  • Aug 3, 2017 4:05pm Aug 3, 2017 4:05pm
Quoting HeyYou
{quote} suuure.... you just don't know how long it takes to backtest complex stuff over a 10 years period on the M30 TF and using open prices... about 5 hours. 15 years using tick data !?... at least 10 years.
Open prices only backtest? What kind of idiot would ever do that?

At least need high/low/open/close. and a 1 minute time frame doing that over 10 years takes about 15 minutes.

Get out of my thread troll.
Be hopeful in a winning position, and fearful in a losing position.
  • #24
  • Aug 3, 2017 4:05pm Aug 3, 2017 4:05pm
Quoting Rag2RichesFX
{quote} Dude you fucking serious. Is your processor a toaster? How can you say it takes 10 years to run 15 years of tick data. Dumbest thing I've ever heard. I'm starting to think you are a troll because no one is that dumb. Your status is "bored of losing". You just seem like you are bitter and skeptical from years of losing money
Your EA has nothing to do with PA.. so wth are you talking about !?

your status is "buy something".. maybe it has to do with c**p.
  • #25
  • Aug 3, 2017 4:07pm Aug 3, 2017 4:07pm
Quoting Rag2RichesFX
{quote} Open prices only backtest? What kind of idiot would ever do that? At least need high/low/open/close. and a 1 minute time frame doing that over 10 years takes about 15 minutes. Get out of my thread troll.
you're a moron and this thread is gay... bye
  • #26
  • Aug 3, 2017 4:08pm Aug 3, 2017 4:08pm
Quoting HeyYou
{quote} Your EA has nothing to do with PA.. so wth are you talking about !? your status is "buy something".. maybe it has to do with c**p.
What do you mean my EA has nothing to do with price action? It's entry is entirely based on candlestick formations.
I don't use any indicators.

Ubiq is a crypto currency that is undervalued.


You are a literal moron or you have a CPU from the early 2000s.
Be hopeful in a winning position, and fearful in a losing position.
  • #27
  • Aug 3, 2017 4:09pm Aug 3, 2017 4:09pm
Quoting HeyYou
{quote} you're a moron and this thread is gay... bye
You truly actually believe, an OPEN only 10 year backtest on the M30 takes 5 hours???

Takes less than 15 minutes using only OPEN prices.
Your computer sucks. Sorry.

Please leave my thread troll.
Be hopeful in a winning position, and fearful in a losing position.
  • #28
  • Aug 3, 2017 4:14pm Aug 3, 2017 4:14pm
bye troll, remember I still believe in you but don't type too fast or your P1 will crash.
  • #29
  • Aug 3, 2017 4:24pm Aug 3, 2017 4:24pm
Quoting HeyYou
bye troll, remember I still believe in you but don't type too fast or your P1 will crash.
You actually believe the things you say.

Shall I record 10 year OPEN only backtest and put it on YouTube?

Promise the video won't be 5 hours. lmao
Be hopeful in a winning position, and fearful in a losing position.
  • #30
  • Aug 3, 2017 4:55pm Aug 3, 2017 4:55pm
Quoting Rag2RichesFX
{quote} You actually believe the things you say. Shall I record 10 year OPEN only backtest and put it on YouTube? Promise the video won't be 5 hours. lmao

so what's your pc ? i used a phenom X4 965be, is it slow ?

yes if you run a MT4 backtest.
  • #31
  • Aug 3, 2017 5:22pm Aug 3, 2017 5:22pm
I think you are trolling to find the best EA around, good luck with that

O, but you don't need it, that's right...



Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-04_7-47-43.png Size: 133 KB
It takes a lot for me to IGNORE you, but you can try.
  • #32
  • Aug 3, 2017 5:44pm Aug 3, 2017 5:44pm
Quoting Erebus
I think you are trolling to find the best EA around, good luck with that O, but you don't need it, that's right... {image}
you are mean
  • #33
  • Aug 3, 2017 9:28pm Aug 3, 2017 9:28pm
I have not tried any profitable EA but what EA I have used is well for me not too good not too bad...
  • #34
  • Aug 4, 2017 6:04pm Aug 4, 2017 6:04pm
Rags, I honestly cant tell you how much I have learned from you.

I was showing a few of my friends the trades you posted before you left.

Hard work does pay off, Im beginning to see it myself. EAs are out of the picture for me but one day I hope to be throwing 20 clips at SPY like you ya crazy bastard.

Cheers!
  • #35
  • Aug 4, 2017 7:00pm Aug 4, 2017 7:00pm
I prefer taking the "hybrid" approach. My EA is set to the rules, whilst I manage it if it seems like a trade it wants to take is unnecessary or foolish for the current circumstances. Example would be an hourly trade with a 15 pip stop loss 10 minutes before NFP.

of course there are profitable EA's out there, to say otherwise would be denying HFT exists.
  • #36
  • Aug 4, 2017 9:19pm Aug 4, 2017 9:19pm
Good thread

I struggled a long time to come up with a viable strategy for EAs (I work full time and didn't want to give up my other hobbies or social life for trading). It was a two step process: invent the strategy, then learn to code. I simply didn't want to put in the time to do that. After a lot of blood, sweat, and tears, I gave up. I had to accept the difficult fact that I simply am not smart enough to compete with cutting edge EA wizards. This lead me to simply buying EAs and adapting them to fit my own needs. It was a long and expensive road, but I feel like I've made it. People say you can "beat" the forex market. Instead of doing that, I choose to game it. I've found an automated trading approach that fits my aggressive nature.

I agree with being ultra aggressive. I now treat trading like gambling (contrary to popular wisdom), and instead of hoping for 20% on a $1000 account, I will gun for 300-400% on $1000 every month, withdraw the profit, then do it again. Over and over. Sometimes it will fail, but usually it will not. A year later, my results and income have skyrocketed.

Stay persistent, stay self-aware. Find an approach that fits your personality.

In case anyone asks if I can share the EAs: no.
  • #37
  • Aug 6, 2017 4:09am Aug 6, 2017 4:09am
Quoting Erebus
I think you are trolling to find the best EA around, good luck with that O, but you don't need it, that's right... {image}
What is this EA name
Failure is not failure if you learn from it...
  • #38
  • Aug 6, 2017 5:43am Aug 6, 2017 5:43am
There is no profitable EA, really it is! Personally I know many successful Forex traders and all of they are doing their trading manually! Even, now I am quite happy on my manual trading result! The main advantage of manual trading is transparency!
  • #39
  • Aug 7, 2017 1:35am Aug 7, 2017 1:35am
Quote
This lead me to simply buying EAs and adapting them to fit my own needs.
Can you recommend some good custom-able EAs?
  • #40
  • Aug 21, 2017 4:57pm Aug 21, 2017 4:57pm
I did a backtest for a year and it came out profitable. Keep in mind I litteraly know less than a few lines of code. I downloaded a simple expert advisor on mql its really shit btw. I edited a few lines in the code, adjusted a few settings and gosh darn it.. My equity curve did a U-turn it litteraly went from sad to "hey there you rich bastard". My point being here is that I read this thread and the other posts of this wise man and applied what I understood of it. The thing here is that we all know backtesting does not really provide live market environment trading experience but it proves 2 things.

1. I know a years backtest is "too short" for a credible judgement of my methodolgy and the experts profitability but it does prove that any ea can be made into something profitable. If you know how that is.

2. Backtesting confirms your rules of your trading strategy. This means it has rules that can be followed to eliminate a few of the emotions of trading a strategy manualy.

So i would just first of all like to thank the thread starter for giving me some motivation and his advice on this journey to profitability we're all venturing on.

Im gonna be backtesting the ea on a wider timespan and then forwardtest it on a small live (I dont believe in demo testing) account and post results here whether it's profitable or not.

Oh and..

Im not sharing anything about the ea.
Also im not selling anything to anyone so please don't ridicule me.

Im doing this for my own personal reasons.

Blessed trades everyone
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