How can one use the expert advisors? | Forex Factory

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How can one use the expert advisors?

  • #1
  • First Post: Jul 5, 2009 6:27pm Jul 5, 2009 6:27pm
How can one make use of the expert advisor for backtesting systems?
  • #2
  • Aug 7, 2009 12:42am Aug 7, 2009 12:42am
Backtesting is not useful!!! If may work on the backtesting period...but not the future
  • #3
  • Aug 7, 2009 2:29am Aug 7, 2009 2:29am
Quoting AlexNeo
Backtesting is not useful!!! If may work on the backtesting period...but not the future
Yes, and it may not work on backtesting but really might be successful in forward testing.
Request custom Expert Advisor or Indicator: dostapyuk "at" gmail . com
  • #4
  • Aug 7, 2009 6:12am Aug 7, 2009 6:12am
All opinions aside,

Here's how you backtest. http://www.easyexpertforex.com/backt...imization.html
  • #5
  • Aug 16, 2009 5:50am Aug 16, 2009 5:50am
Hi,

I am using Swiss Army EA and it is working fine when MT4 Platform is open. However, when I close the MT4 platform and reopen it next day or after couple of hours the EA doesn't seem to work. My question is:

1) Does the platform need to be open all the time in order for EA to work ?

2) If yes, does the computer need to be connected to internet all the time?

Would appreciate your reply.

Thanks,

Alifari
The purpose of knowledge is action, not knowledge
  • #6
  • Oct 12, 2009 9:05am Oct 12, 2009 9:05am
It totally depend on the EA which you're using and the way they have coded. Some EAs work well even when you close the platform and open again. But some will not work due to some functions which needs to be opened all the time.
If the computer is not connected to the internet, it'll not affect the EA, until you have the platform open. EA will start working normally as soon as it gets internet connection.

Quoting alifari
Hi,

I am using Swiss Army EA and it is working fine when MT4 Platform is open. However, when I close the MT4 platform and reopen it next day or after couple of hours the EA doesn't seem to work. My question is:

1) Does the platform need to be open all the time in order for EA to work ?

2) If yes, does the computer need to be connected to internet all the time?

Would appreciate your reply.

Thanks,

Alifari
  • #7
  • Last Post: Oct 12, 2009 9:10am Oct 12, 2009 9:10am
Quoting alifari
Hi,

I am using Swiss Army EA and it is working fine when MT4 Platform is open. However, when I close the MT4 platform and reopen it next day or after couple of hours the EA doesn't seem to work. My question is:

1) Does the platform need to be open all the time in order for EA to work ?

2) If yes, does the computer need to be connected to internet all the time?

Would appreciate your reply.

Thanks,

Alifari

  1. Yes. The EA is running on the platform, and thus, needs the platform open.
  2. Yes, in order for the EA to send signals to the broker (change stoploss/takeprofit send order, etc), it needs to be connected to the internet.

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