Hey guys,
just want to clarify a few things on what you term as a profitable EA.
Apart from the normal Profit Factor> 1.2, DD < 100pips etc.. would you use an EA that is making loss of 50 pips per month for 2008 and making 100 pips per month for 2009?
I have created many EAs which tend to work perfectly well for this year and then lost some money over the next.. problem is even if it is working perfectly well till today, i wont know if its good enough for tomorrow..
The 1st & 2nd pic show the result from 2008 1st Jun to Dec while the 3rd and 4th is from 1st Jan to Jun.
Both are from the same EA with same setting on 5 digit broker. Quite far apart in terms of result i would say. can someone tell me the difference between this 2 period so i would know what to take note of in future?
just want to clarify a few things on what you term as a profitable EA.
Apart from the normal Profit Factor> 1.2, DD < 100pips etc.. would you use an EA that is making loss of 50 pips per month for 2008 and making 100 pips per month for 2009?
I have created many EAs which tend to work perfectly well for this year and then lost some money over the next.. problem is even if it is working perfectly well till today, i wont know if its good enough for tomorrow..
The 1st & 2nd pic show the result from 2008 1st Jun to Dec while the 3rd and 4th is from 1st Jan to Jun.
Both are from the same EA with same setting on 5 digit broker. Quite far apart in terms of result i would say. can someone tell me the difference between this 2 period so i would know what to take note of in future?