How are these EAs successful for a very long time? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Which one is best of all these 100 EAs 39 replies

Successful traders are very, very rare to find 834 replies

Question about MT4 and EAs for a very good pro 4 replies

Can someone do this change to these EAs please 0 replies

Is Market Watch time the definitive broker time as used by EAs? 4 replies

Attachments: How are these EAs successful for a very long time?
Exit Attachments

How are these EAs successful for a very long time?

  • #1
  • First Post: May 11, 2019 2:58am May 11, 2019 2:58am
You might get this question a lot. I am trying to come up with a strategy which can be automated. But my EA'S are failing to do it right.Whenever i see some top performing EA on myfxbook which are working great for several years i feel that i am missing something. I have two years of trading experience.
I jump from strategy top strategy if it doesn't work for me.
Am i doing something wrong!!!
If you were also in this situation once how did you get along and overcome it?

I hope some of the members have some successful trading strategy. Guys i have a question!!

Is an EA all about Indicators for entries and exits and money management ?

Or am i missing something ???


picture below shows some of the popular EA working for several years consistantly. Some were before 2013. Thats crazy!!!
Attached Image (click to enlarge)
Click to Enlarge Name: popular.PNG Size: 88 KB
strip things naked
  • #2
  • May 11, 2019 12:35pm May 11, 2019 12:35pm
Quoting anjanbabu
You might get this question a lot. I am trying to come up with a strategy which can be automated. But my EA'S are failing to do it right.Whenever i see some top performing EA on myfxbook which are working great for several years i feel that i am missing something. I have two years of trading experience. I jump from strategy top strategy if it doesn't work for me. Am i doing something wrong!!! If you were also in this situation once how did you get along and overcome it? I hope some of the members have some successful trading strategy. Guys i have...
Train your eyes to read the chart. That's the best indicator.
  • #3
  • May 11, 2019 1:35pm May 11, 2019 1:35pm
Quoting salimc
{quote} Train your eyes to read the chart. That's the best indicator.
Hmm but need to automate atleast one strategy. I was reading a PA consecutive candle thread where you had contributed. I have few points to add to that.
will be back this coming Monday.
strip things naked
  • #4
  • May 11, 2019 2:29pm May 11, 2019 2:29pm
Quoting anjanbabu
{quote} Hmm but need to automate atleast one strategy. I was reading a PA consecutive candle thread where you had contributed. I have few points to add to that. will be back this coming Monday.
Welcome.
  • #5
  • Last Post: Feb 24, 2020 3:03am Feb 24, 2020 3:03am
It seems to me that you have lost your way a little bit and you just couldn't find your strategies that you fully understand and that can work for you and your capital. On the one hand, you can not be called a beginner, of course you have an understanding of the market, etc. But still, I think you need to focus on what approaches bring you maximum results and you have an accurate understanding about them. If there are no such, look at your statistics, identify the moments when you had the best income and try to track which strategies have brought you money. Also, as one of the options, you need to take a little break, sometimes there is nothing wrong with taking a step back, and then only go forward with a specific plan of action.
0 traders viewing now