Hi all,
I am in the process of creating an EA. I would like to know from the EA developer's and most importantly users, what is a good EA? what is a good return from an EA? How much draw down is acceptable? Like if you start with 10k, how much your EA would make with with max draw down? Does the EA has to produce somewhat similar returns on all pairs? Does your EA work the same on all TF? Which EA is better, with fewer trades/year (with high pips target) or the one with more (and lower pips target)?
As always, thanks for your time!
I am in the process of creating an EA. I would like to know from the EA developer's and most importantly users, what is a good EA? what is a good return from an EA? How much draw down is acceptable? Like if you start with 10k, how much your EA would make with with max draw down? Does the EA has to produce somewhat similar returns on all pairs? Does your EA work the same on all TF? Which EA is better, with fewer trades/year (with high pips target) or the one with more (and lower pips target)?
As always, thanks for your time!
If it floats, flies, or f%^ks, rent it, it's cheaper.