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Searching for profitable EA

  • #1
  • First Post: Feb 4, 2012 1:37am Feb 4, 2012 1:37am
hello all
i search for good Ea that work

if u use an EA for lont time on real account

share please..

any recomndiotns are welcome
  • #2
  • Feb 4, 2012 4:42am Feb 4, 2012 4:42am
I do not prefer EA for forex trading. I like to manual trading and therefore not much idea about EA. I think, no one will be interested to share profitable EA with others.
  • #3
  • Feb 4, 2012 11:38am Feb 4, 2012 11:38am
completely agree with henryduncan1, I'd not share an EA if I use it for making money.

henryduncan1, what kind of manual trading strategies do you use? is it technical or fundamental analysis?
Think twice before going live, even if you own the best trading strategy...
  • #4
  • Feb 6, 2012 2:26am Feb 6, 2012 2:26am
Quoting FxMaestro
henryduncan1, what kind of manual trading strategies do you use? is it technical or fundamental analysis?
I use both technical and fundamental analysis.
  • #5
  • Feb 6, 2012 1:22pm Feb 6, 2012 1:22pm
thanks Henry

i almost agree with you
  • #6
  • Feb 6, 2012 1:36pm Feb 6, 2012 1:36pm
this is my ferrari EA!!
Quoting fadi111
hello all
i search for good Ea that work

if u use an EA for lont time on real account

share please..

any recomndiotns are welcome
Attached Image (click to enlarge)
Click to Enlarge Name: statement.jpg Size: 163 KB
{Promotion Removed}
  • #7
  • Feb 6, 2012 6:04pm Feb 6, 2012 6:04pm
I would advise manual trading as opposed to "profitable" EA's..for obvious reasons. The holy grail does not exist so if you are looking for one, chances are you are not going to find it.
There are various online resources you can use to learn about Forex and once you think you are ready, open up a demo account and keep track of your progress. And once you have made profits [demo], move on to a real account.
  • #8
  • Feb 6, 2012 10:13pm Feb 6, 2012 10:13pm
Quoting Forexnuts
I would advise manual trading as opposed to "profitable" EA's..for obvious reasons.
And what is your obvious reason? You didn't elaborate on that.
  • #9
  • Feb 7, 2012 12:50am Feb 7, 2012 12:50am
try doing some screen time over at forexpeacearmy they test lots of ea's in demo and real time.
  • #10
  • Feb 7, 2012 7:17am Feb 7, 2012 7:17am
Quoting toby123
this is my ferrari EA!!
is this a result from a real account?
Think twice before going live, even if you own the best trading strategy...
  • #11
  • Feb 7, 2012 8:40am Feb 7, 2012 8:40am
thank you all

maybe there is no profitable EA..
  • #12
  • Feb 7, 2012 8:48am Feb 7, 2012 8:48am
Quoting fadi111
thank you all

maybe there is no profitable EA..
I believe that profitable EA exist but you cannot "allow the EA to live its own life" you need to monitor it and re-optimize from time to time
Think twice before going live, even if you own the best trading strategy...
  • #13
  • Feb 7, 2012 11:40am Feb 7, 2012 11:40am
latest result of my ea!!!
Attached Image (click to enlarge)
Click to Enlarge Name: statement.jpg Size: 173 KB
{Promotion Removed}
  • #14
  • Feb 7, 2012 11:58am Feb 7, 2012 11:58am
Quoting Custos
And what is your obvious reason? You didn't elaborate on that.
Most EA's are designed to make one person rich and that's the developer or the company behind the product..end of story.And most of the EA's do not work and the ones that do work to a degree [can think of only two or three], do not promise much, since the trades carried out are small and you would need a huge chunk to make any money with the lot.

I'm yet to come across one real story of "how my EA made me rich" example [real one as opposed to make believe]. That's not happened yet and would rather trust myself than a program that's been designed to make someone else rich..
  • #15
  • Feb 7, 2012 12:53pm Feb 7, 2012 12:53pm
Quoting Forexnuts
Most EA's are designed to make one person rich and that's the developer or the company behind the product..end of story.And most of the EA's do not work and the ones that do work to a degree [can think of only two or three], do not promise much, since the trades carried out are small and you would need a huge chunk to make any money with the lot.

I'm yet to come across one real story of "how my EA made me rich" example [real one as opposed to make believe]. That's not happened yet and would rather trust myself than a program that's been designed...
Of course you don't need to believe me, but my trading is 100% automated and am very successful ever since that day. But it requires a lot of research to program an ea that actually works. Would also never buy one.
  • #16
  • Feb 7, 2012 1:15pm Feb 7, 2012 1:15pm
Quoting Custos
Of course you don't need to believe me, but my trading is 100% automated and am very successful ever since that day. But it requires a lot of research to program an ea that actually works. Would also never buy one.

its your strategy?
r u a programmer?
  • #17
  • Feb 7, 2012 1:20pm Feb 7, 2012 1:20pm
Quoting fadi111
its your strategy?
r u a programmer?
yep, but I am sorry this is something I will definitely not share.
  • #18
  • Feb 7, 2012 2:09pm Feb 7, 2012 2:09pm
I already told this guy where to go to see commerical ea's in real time some on demo some on real accounts....if he is too lame to go look then oh well.
  • #19
  • Feb 8, 2012 12:13am Feb 8, 2012 12:13am
You must reverse engineer this concept a little.. Why would someone gladly profit from selling an idea, when that idea(EA) is able to make an unlimited* profit?

Is there a way that a seller of an EA will profit from the use of his buyers using that EA? At times, the OTC Forex market isn't that liquid..

I'm not knocking EA's, but Custos is doing what one should do by not giving away his $$ to others.
  • #20
  • Feb 8, 2012 12:42am Feb 8, 2012 12:42am
Taking emeralds idea a bit further. If I had such an EA I would probably not sell it....unless
A. I knew beyond all reason it worked as laid out, meaning I ran it on a live account and it doubled said account.
B. I needed capital so I could put said capital to work in the account with the EA running.
C. Sell a very limited copy of the "magic" EA again for the express purposes of raising capital to trade with.

The market is big enough for more than one profitable EA so a 1000 copies at 50 bucks a copy is good start up capital IF the "magic" EA is as good as previous results showed. After all how many millions does one need. And if the EA is that great 5k in a few years is a 100k and everyone wins.
The trick is how to keep the EA from being shared on FF.

So only under those conditions would I sell one.
But if I have 10k in the bank ... screw everyone else. LOL
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