What is the most you would be willing to pay for an EA | Forex Factory

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What is the most you would be willing to pay for an EA

  • #1
  • First Post: Edited Jan 13, 2019 11:59pm Jan 1, 2019 8:02am | Edited Jan 13, 2019 11:59pm
So let's say I am only interested in selling a couple of copies of my EA.
Attachment g
What would you genuinely be willing to pay for something like this.
Trading is a fine art that comes with randomness and yet predictability
  • #2
  • Jan 1, 2019 9:22am Jan 1, 2019 9:22am
Hi there, what do you think its worth?
  • #3
  • Edited 11:48am Jan 1, 2019 9:39am | Edited 11:48am
Quoting sheppy
what do you think its worth?
between 5k-15k
Trading is a fine art that comes with randomness and yet predictability
  • #4
  • Jan 1, 2019 9:51am Jan 1, 2019 9:51am
The problem as most would see it, is its purely hypothetical in back test results. Do you have anything to show live trade results? Thanks
  • #5
  • Edited 2:13pm Jan 1, 2019 10:02am | Edited 2:13pm
I've used my live account in a way that was unorthodox basically working on the code while live.
So and not only that but I changed my settings a few times and have now shown what I'm using.
Does it do any justice? No. I will upload last two anyway. The one I am on I am destine to close.
I will be starting a new account with these settings with 6k and I don't mind using this thread.
Attached File(s)
File Type: zip old live statements.zip   71 KB | 225 downloads
Trading is a fine art that comes with randomness and yet predictability
  • #6
  • Jan 1, 2019 10:18am Jan 1, 2019 10:18am
Pretty reasonable ) I just sent you a PM
  • #7
  • Jan 1, 2019 10:38am Jan 1, 2019 10:38am
Quoting brodank
{quote} between 5k-15k wysiwyg
would you mind to run a 3 year backtest from 2016.01.01. for example?
and maybe just with a round initial deposit, say 10k ( if you are looking for 5-15k that is median, and makes no sense for anyone to buy an EA for that much and run on 1300$, right?)

from a random start 1 year back test and 2x 2 weeks live stat ( with considerable higher risk than the backtest) hard to judge potential.
least in my view.
there is always, always another trade!!
  • #8
  • Edited 12:38pm Jan 1, 2019 11:20am | Edited 12:38pm
Quoting profitfarmer
{quote} would you mind to run a 3 year backtest from 2016
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M1_2016.06.16-2018.12.31.PNG Size: 40 KB

Attached File(s)
File Type: rar SEA-EURUSD-M1_2016.06.16-2018.12.31.rar   8.6 MB | 325 downloads

I know the system and it doesn't repaint so it is as accurate as much as you can to believe
It is a price action strategy and has many orders open at a time, like 40 average & 70 max
Trading is a fine art that comes with randomness and yet predictability
  • #9
  • Edited 4:56pm Jan 1, 2019 12:26pm | Edited 4:56pm
this is slightly less data then the others below to reflect a difference in profit:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M1_2016.06.16-2018.12.31_100USD_0.01.PNG Size: 39 KB

Attached File(s)
File Type: rar SEA-EURUSD-M1_2016.06.16-2018.12.31_100USD_0.01.rar   8.4 MB | 239 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: SEA-EURUSD-M1_2016.06.16-2018.12.31_1000USD_0.01.PNG Size: 38 KB

Attached File(s)
File Type: rar SEA-EURUSD-M1_2016.06.16-2018.12.31_1000USD_0.01.rar   8.4 MB | 355 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: SEA-EURUSD-M1_2016.06.16-2018.12.31_10000USD_0.01.PNG Size: 38 KB

Attached File(s)
File Type: rar SEA-EURUSD-M1_2016.06.16-2018.12.31_1000USD_0.01.rar   8.4 MB | 317 downloads
Trading is a fine art that comes with randomness and yet predictability
  • #10
  • Jan 1, 2019 1:18pm Jan 1, 2019 1:18pm
1.Make the spread variable
2.Slippage and see the photo attached.

Let me know the results.Every scalping EA has failed after no.2 active with execution delay.
Just saw the videos at the begining where you dont leave the spread variable and the slippage is not active. Your actual results are not complete withoout those 2 settings active.
Attached Image
Download Corti EA : https://cortiea.com
  • #11
  • Edited 4:56pm Jan 1, 2019 1:20pm | Edited 4:56pm
Quoting mastercool66
1.Make the spread variable 2.Slippage and see the photo attached.

Attached File(s)
File Type: rar spread and slippage variable test.rar   7.7 MB | 222 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: spread and slippage variable test.PNG Size: 54 KB

Attached File(s)
File Type: rar spread 5 default slippage.rar   8.6 MB | 232 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: spread 5 default slippage.PNG Size: 39 KB

BTW
I have done all the tests such as this and I have to say that this strategy is resilient to many factors.
Also leverage works 1:50 to 1:1000.

only can send one pm a day ??
Trading is a fine art that comes with randomness and yet predictability
  • #12
  • Jan 2, 2019 2:43am Jan 2, 2019 2:43am
Quoting brodank
{quote} {image} {file} I know the system and it doesn't repaint so it is as accurate as much as you can to believe It is a price action strategy and has many orders open at a time, like 40 average & 70 max
"profitfactor: 68.44" - to high for reality

- for sure I will not waste a time to look into it, not to buy it.
That is just a curve fitting: for a know set of data ( from the past) it found the optimum. Any other data can have a huge loss
I want to buy PATIENCE
  • #13
  • Edited 3:16am Jan 2, 2019 2:55am | Edited 3:16am
Profit factor only builds over a course of time, agreed?
EA processes only bar open. test on ticks using close?

Perfect tick data not same as specific broker data.

Attached Image (click to enlarge)
Click to Enlarge Name: demo test.PNG Size: 23 KB

Attached File(s)
File Type: zip demo test.zip   10 KB | 211 downloads

Same with demo account data and I tested on also.

Live account tripled from Nov.29 to Dec.29.
I have been harsh with the live account also.
Testing with TDS on only harshed conditions.

Started live 530 @ 2% two weeks doubled,,
Pre-failed Brexit EU vote caused 63% maximal dd.
Post-failed vote recovery gained a large amount.

Recovery is the only curve fitting I see imagined.
Recovery from worse case 3500 point revaluation?
Even when stops are 1800 they are eventually hit,
they are not common enough to seriously hurt it,

Proof is in the leaving it alone for the long haul.,
Better now than ever, I trust in settings I used initially.
Lowered risk and having two EA with different settings.
Trading is a fine art that comes with randomness and yet predictability
  • #14
  • Jan 2, 2019 3:56am Jan 2, 2019 3:56am
Attach a 24 hour demo expiration here to test it.
Download Corti EA : https://cortiea.com
  • #15
  • Jan 2, 2019 4:17am Jan 2, 2019 4:17am
Believe it I am aspiring profession in trading and understanding international laws or build encryption strengths with even the latest builds is just not my thing,
So if this were your code would you basically sell just the price of a cracking fee?
I am like you, I can do better.
As I said I have things going to happen,
I have been ready to close my live account and I am going to open another with 6k.
I will open an explorer on that here for a month and I will probably then dissapear.
Sorry to tell you I am not exactly hoping to sell the EA as it was never my intention.
However, if only a few would be interested in having this code in their collection ,
this will be the only time I consider selling this code to the public.
What they do with their code is on them, and is also on a limited liability license.
Thanks for your interest in using my code however and I hope we can discuss it.
If you PM me you might as well give me your email address if you expect a reply.
Trading is a fine art that comes with randomness and yet predictability
  • #16
  • Edited 10:55am Jan 2, 2019 4:34am | Edited 10:55am
Sorry to confuse you all but I really wasn't looking for buyers.
I said I might be willing to sell a few copies, but I cannot PM.
So far no one has given me their email addresses; anyway.
I am open to giving some long standing members copies.
They must be willing to give a report on their findings here.
Seems as my broker has resorted to bitcoins and delays me.
Trading is a fine art that comes with randomness and yet predictability
  • #17
  • Jan 2, 2019 2:34pm Jan 2, 2019 2:34pm
check out your mql5 messages
  • #18
  • Edited 8:52am Jan 3, 2019 8:15am | Edited 8:52am
Quoting brodank
Sorry to confuse you all but I really wasn't looking for buyers. I said I might be willing to sell a few copies, but I cannot PM. So far no one has given me their email addresses; anyway. I am open to giving some long standing members copies. They must be willing to give a report on their findings here. Seems as my broker has resorted to bitcoins and delays me.
The results are test only, so I would like to risk my test money only (hundred dollar bills with my photo instead of B. Franklin).

Once the EA will work properly as advertised by you, I would gladly pay real.

Hopefully you understand my honest approach.
  • #19
  • Jan 3, 2019 8:34am Jan 3, 2019 8:34am
Quoting brodank
So let's say I am only interested in selling a couple of copies of my EA. {image} What would you genuinely be willing to pay for something like this. SEA - MT4 Price Action Expert Advisor - 99% Win rate - Half(Slow) https://www.youtube.com/watch?v=P3T0sTFGB8M SEA - MT4 Price Action Expert Advisor - 99% Win rate - Full(Fast) https://www.youtube.com/watch?v=mp3htdD_FAw 2016 Brexit Referendum was a breeze and I suppose it would be true with the EU vote. And how I have this setup is to be sure that those kind of moves are safer...
From the video (the first screen there) - to lover overall DD I would suggest that you should choose a pair with smaller ADR than pound dollar. It may decrease overall risk and DD.

This and decreasing to minimum position size (fraction of 1% of the account, maybe with a cap over the maximal sum of positions up to 2%) may make this EA reasonably profitable.
  • #20
  • Jan 4, 2019 2:48am Jan 4, 2019 2:48am
And where are the results of a real account?
There are a lot of similar systems that put up 150 points for SL and 0.5 for TP. Without the results of real trading, this is a simple adviser that is freely available on the Internet.
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