So my EA has made over 1500 trades this week, how about you? | Forex Factory

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So my EA has made over 1500 trades this week, how about you?

  • #1
  • First Post: Dec 18, 2008 3:24pm Dec 18, 2008 3:24pm
Over 3 currencies my EA has made over 1500 trades and is profitable. Yes, on a live account. Anyone else have any EA that has a similar trade frequency to mine?

I think it's fun to watch. I couldn't get to bed till 4 AM last night because of the amazing volatility on eur/usd. It handled the moves very well, but I think I saw my computer smoking after a while.
  • #2
  • Dec 18, 2008 3:28pm Dec 18, 2008 3:28pm
Is this an EA that you wrote or are you using a commercial product?
Enter Signature
  • #3
  • Dec 18, 2008 3:31pm Dec 18, 2008 3:31pm
I paid for a programmer to build my idea.
  • #4
  • Dec 18, 2008 3:55pm Dec 18, 2008 3:55pm
1500 trades... x 3 pips spread per trade = 4500
x $1 /pip = $4500. your broker must be happy to have you, generating that much in spread revenue.
  • #5
  • Dec 18, 2008 4:01pm Dec 18, 2008 4:01pm
All I care about is my account growth. I wonder what kind of spread/commission an ECN would give me considering the volume I'm pushing.
  • #6
  • Dec 18, 2008 4:05pm Dec 18, 2008 4:05pm
Yep, this volatility is great, I'm also auto trading it, but not at that frequency.
I hope you have a plan for when the volatility stops...
The breaking of a wave cannot explain the whole sea.
  • #7
  • Dec 18, 2008 4:08pm Dec 18, 2008 4:08pm
Quoting permanentjaun
Over 3 currencies my EA has made over 1500 trades and is profitable. Yes, on a live account. Anyone else have any EA that has a similar trade frequency to mine?

I think it's fun to watch. I couldn't get to bed till 4 AM last night because of the amazing volatility on eur/usd. It handled the moves very well, but I think I saw my computer smoking after a while.
WHAT IS YOUR INTENTION HERE?
SHOWING OFF OR TRY TO RESELL YOUR EA ?
  • #8
  • Dec 18, 2008 4:13pm Dec 18, 2008 4:13pm
Quoting Craig
Yep, this volatility is great, I'm also auto trading it, but not at that frequency.
I hope you have a plan for when the volatility stops...
Yea, the trades will become less frequent that's all.
  • #9
  • Dec 18, 2008 4:14pm Dec 18, 2008 4:14pm
Quoting LaTeCoMeR
WHAT IS YOUR INTENTION HERE?
SHOWING OFF OR TRY TO RESELL YOUR EA ?
I just wanted a conversation. So far no one has answered my questions in the first post. There has to be someone else out there with a similar trading frequency.
  • #10
  • Dec 18, 2008 4:23pm Dec 18, 2008 4:23pm
Quoting permanentjaun
I just wanted a conversation. So far no one has answered my questions in the first post. There has to be someone else out there with a similar trading frequency.
I don't have this tading frequency,
I think it's not by the number of trades, it's more improtant to rate an EA by the number of pips it generate wins/losses ..etc
Good luck
  • #11
  • Dec 18, 2008 4:30pm Dec 18, 2008 4:30pm
No single EA I trade with takes that many trades. But, combine my trading method, and using only EAs, I'm pretty sure I can break 2,000 trades/week.
  • #12
  • Dec 18, 2008 4:34pm Dec 18, 2008 4:34pm
Quoting permanentjaun
I just wanted a conversation. So far no one has answered my questions in the first post. There has to be someone else out there with a similar trading frequency.

Are you at all concerned that a broker may call it a not allowed type of trading do to the frequency?
  • #13
  • Dec 18, 2008 4:38pm Dec 18, 2008 4:38pm
Quoting thatwasme
Are you at all concerned that a broker may call it a not allowed type of trading do to the frequency?

I'm with ibfx. They allow scalping. There should be no problems. I've been trading like this for several weeks now. Granted it's on a small test account while I work out the bugs of the EA. We'll see what happens when I fully fund the account.
  • #14
  • Dec 18, 2008 4:41pm Dec 18, 2008 4:41pm
Quoting Ronald Raygun
No single EA I trade with takes that many trades. But, combine my trading method, and using only EAs, I'm pretty sure I can break 2,000 trades/week.

Would you say it's more of a matter that you manually can't keep up with your trading method or that you're filtering out trades with your own discretion where you'll sometimes bend the rules if things don't add up to your liking?
  • #15
  • Dec 18, 2008 4:50pm Dec 18, 2008 4:50pm
It's none of those.

I see EAs as a tool to augment my trading. The EAs I trade live with are all designed to do well in a specific market scenario:

  1. Trending
  2. Counter-Trending
  3. Scalping
  4. Breakout
  5. Ranging
  6. News.

I have yet to develop a trading algorithm smart enough to reliably predict what type of market it's currently trading in. So instead, I developed some hardware for a trading platform which allows me to manually enter trades, manage trades, and also turn EAs on and off based on how I currently see a specific market.

So far, it's worked for me. But that's just my trading style.

  • #16
  • Dec 20, 2008 7:41am Dec 20, 2008 7:41am
Quoting LaTeCoMeR
WHAT IS YOUR INTENTION HERE?
SHOWING OFF OR TRY TO RESELL YOUR EA ?
Personally I like to see a little boasting, it gives me inspiration to continue down the path of learning. I know some people frown upon it, but its a nice counter point to all of the people saying "I lost my $2000 account because I traded 1 full lot and did not have a Stop loss".

He has worked hard coming up with a strategy and put real money (Maybe small amount, but real none the less) on the line. My only hope is that he lets us know when his EA looses money as well.
Makin my way, the only way I know how...
  • #17
  • Dec 20, 2008 8:39am Dec 20, 2008 8:39am
.... he made 1500 trades!.
chop chop his account on a v or a > or a ^ week.
the market will through anything and everything at your ea .. This seems to have too much going to the broker.
  • #18
  • Jun 12, 2009 1:37am Jun 12, 2009 1:37am
Quoting 4XWeezal
.... he made 1500 trades!.
chop chop his account on a v or a > or a ^ week.
the market will through anything and everything at your ea .. This seems to have too much going to the broker.
Mmmhh.. that's quite a lot position if may I say. Isn't IBFX only allow open position up to 800? May I know the broker that support the trade that many?
Just a monkey who love to dance and laugh. {Promotion Removed}
  • #19
  • Jun 12, 2009 7:16am Jun 12, 2009 7:16am
I'm pretty sure i saw a picture of a new EA that has come out recently with a bunch of orders on the screen. I mean every 2 pips there was another order type of thing. I'll see if i can find it again. Probably something similar if not more than your 1500. It looked interesting to say the least but as it was writen previously, those brokers would be hi-5'ing each other down the hall ways if lots of people used ea's that traded that way. More to real point though, what kind of return you gettin for your risk?

juicyt
"Even if you fall down face first, you still went forward."
  • #20
  • Jun 12, 2009 10:30am Jun 12, 2009 10:30am
I'm guessing you use martingale? or you take a very small profit and trade almost without SL.
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