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Best Trading System

  • #1
  • First Post: Jan 31, 2018 2:25pm Jan 31, 2018 2:25pm
Ive been trading for years and have seen many trading EA's a few do ok..hedging ones seem to work well until you run into a trend then your entire account goes away
I was hoping we could all list EA's we have tried or are using now...the good the bad the ugly as it were

I have been demo trading one called Trio Dancer...not bad...but the hedging kills your gains on large trends

I would appreciate any EA stories you have...maybe we can find a good one

thanks
  • #2
  • Jan 31, 2018 2:45pm Jan 31, 2018 2:45pm
Altough not an EA, ForexSteam nice and consistent
  • #3
  • Jan 31, 2018 3:08pm Jan 31, 2018 3:08pm
One advice from me: Stop searching for EAs. Start learning to trade. Better take one strategy, make it to your own and repeat repeat repeat. Maybe if you have enough breath, you will make it
Learn from winners, not from losers
  • #4
  • Jan 31, 2018 3:25pm Jan 31, 2018 3:25pm
Quoting FXDetermined
One advice from me: Stop searching for EAs. Start learning to trade. Better take one strategy, make it to your own and repeat repeat repeat. Maybe if you have enough breath, you will make it
I am not really looking for a Golden Goose...Ive traded for over 26 years and have been an IB for several firms, I have also owned for a very short time an FCM
I don't think there is anything wrong with using an EA if you manage it.


I thought it might be interesting to see if anyone had the same idea
  • #5
  • Jan 31, 2018 4:52pm Jan 31, 2018 4:52pm
Quoting pipster59
{quote} I am not really looking for a Golden Goose...Ive traded for over 26 years and have been an IB for several firms, I have also owned for a very short time an FCM I don't think there is anything wrong with using an EA if you manage it. I thought it might be interesting to see if anyone had the same idea
Thank you for your input. I´m not as long in this business like you, but still a few years. I never saw a professional trader (I speak here from professional retail trader, because the institutional trader of cause trading with EAs, but they are in another league. They trade with high speed software and have by far better conditions than we) relying on EAs. I for myself use only EAs to inform me when specific trading pattern appears which I´m searching for or for trade management. But the firebutton has to be pushed from me.
Learn from winners, not from losers
  • #6
  • Feb 8, 2018 3:53am Feb 8, 2018 3:53am
I have never found any best trading system while learning and working with Forex.
  • #7
  • Feb 8, 2018 4:03am Feb 8, 2018 4:03am
Practically there is no one who can predict the real faction of this market with certainly , that’s why any trading system can’t work consistently , it’s all about temporary , nothing without it.
  • #8
  • Feb 8, 2018 7:26am Feb 8, 2018 7:26am
Quoting FXDetermined
One advice from me: Stop searching for EAs. Start learning to trade. Better take one strategy, make it to your own and repeat repeat repeat. Maybe if you have enough breath, you will make it
a very good advice indeed. sometimes a very simple strat makes you profitable and stress-free.
  • #9
  • Feb 8, 2018 7:43am Feb 8, 2018 7:43am
Quoting pipster59
Ive been trading for years and have seen many trading EA's a few do ok..hedging ones seem to work well until you run into a trend then your entire account goes away I was hoping we could all list EA's we have tried or are using now...the good the bad the ugly as it were I have been demo trading one called Trio Dancer...not bad...but the hedging kills your gains on large trends I would appreciate any EA stories you have...maybe we can find a good one thanks
For me, price action trading is the best system! The main advantage of PA trading is, it works on all kind of trading instruments including BTC.
  • #10
  • Feb 11, 2018 4:35am Feb 11, 2018 4:35am
Quoting pipster59
Ive been trading for years and have seen many trading EA's a few do ok..hedging ones seem to work well until you run into a trend then your entire account goes away I was hoping we could all list EA's we have tried or are using now...the good the bad the ugly as it were I have been demo trading one called Trio Dancer...not bad...but the hedging kills your gains on large trends I would appreciate any EA stories you have...maybe we can find a good one thanks
I do not think any EA works for long. EAs are made based on some strategies. Market is constantly changing. If you do not know when you need to modify the EA. It may wash out your account. Once market course is changed the maker needs some time to modify the EA. So it also requires a lot for customer support from the maker. This is the reason after certain time it doesn't work. Following EA means follow someone blindly. If you can make EA by yourself that works the best.
  • #11
  • Feb 11, 2018 10:16am Feb 11, 2018 10:16am
Hi everyone,

I'm new here but I would like to know more about trading

Since months I read all kind of information, I watch videos, I'm usind a demo account, trying EA's, analysing the charts and so on.
By gathering so many information and analysing the chart for so long, there was a pattern that I wanted to try so I made my own EA's.

After 1 week of automated trading, the results are really good (I think) but I would like to know your opinion too.
This trades are only EUR/USD.
So here is the summary:
Attachment g

In each column is a different EA.

For example, the first colum is the so called "strategy 0,16" - EA
The strategy number is also the traded lot size.
In the same column you can see:
-340,64€ lost
-280 pips on long positions
+67 pips on short positions
-213 pips as total
after that you see the total trades, and so on...

Over all tested strategies i made +1223 pips in 1 week.

This week were 859 trades with 1,8 pip spread.

The day candles (EUR/USD) were in a downtrend so if I would have traded only short, this means +5032 pips in one week.
The next ea's will start next week and there is also the day trend as a "filter".
So the trade will start according to the day trend. I'm really curious how the next week will be.

Another important information si that this trades are swing trades and on Friday there were a few trades left open (only strategy 0,25 and 0,26 with almost -2.000 €!).

So what do you think?
How is working your ea?
How many trades/day and how many pips?

Have a gread day!
Attached Image (click to enlarge)
Click to Enlarge Name: Trading_05022018_09022018.jpg Size: 87 KB
  • #12
  • Feb 12, 2018 8:20pm Feb 12, 2018 8:20pm
Best trading system, is this term really exist? If yes then why nobody is sharing.
  • #13
  • Feb 15, 2018 9:04pm Feb 15, 2018 9:04pm
there are many systems,
but there is no substitute for screen time
I have been on Davits Pivot for a while and have learnt heaps
also ForeX Aliens and copernicus' threads
these have all TBH a touch ahead of my knowledge
but with time I will get my head around this
now thinking of a daily method with a realization I'll never stop learning
I will get my head around this, but always can be wrong
  • #14
  • Feb 16, 2018 8:31pm Feb 16, 2018 8:31pm
No doubts there is so many trading systems in the market but which one is best for me is not easy to find for me.
  • #15
  • May 19, 2018 6:29am May 19, 2018 6:29am
Every trading system is good but don't rely on any trading system blindly, make your own strategies, apply those on your demo account, make changes according to the requirements, then go live and enjoy profits.
  • #16
  • May 21, 2018 7:10am May 21, 2018 7:10am
Quoting sheppy
Altough not an EA, ForexSteam nice and consistent
ForexSteam is looking very interesting dear. Unfortunately it is paid Do you have the free version of the EA or something similar and free ? If you have something like it, but free, it will be great to attach it. Thank you
  • #17
  • May 21, 2018 7:22am May 21, 2018 7:22am
Quoting maria098
Every trading system is good but don't rely on any trading system blindly, make your own strategies, apply those on your demo account, make changes according to the requirements, then go live and enjoy profits.
its a good and common policy , before real account it is more appropriate to use it in a demo , but in my trading career , my demos experience not worked in a live trading . so sometimes i don't believe the importance of demo.
  • #18
  • Last Post: Feb 23, 2019 2:58pm Feb 23, 2019 2:58pm
Quoting pipster59
Ive been trading for years and have seen many trading EA's a few do ok..hedging ones seem to work well until you run into a trend then your entire account goes away I was hoping we could all list EA's we have tried or are using now...the good the bad the ugly as it were I have been demo trading one called Trio Dancer...not bad...but the hedging kills your gains on large trends I would appreciate any EA stories you have...maybe we can find a good one thanks
There is a very good EA for News Trading.
I purchased it from www.tradingwithrobots.com
Makes good returns on most news.
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