Searching for profitable EA | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Searching for the profitable Channel 4 replies

Searching for Ross hook/TTE indicator 14 replies

Searching for "Step RSI Indicator" 6 replies

Searching metatrader programmer/trader for cooperation 1 reply

Searching for speedy MT4 brokers 9 replies

Attachments: Searching for profitable EA
Exit Attachments

Searching for profitable EA

  • #21
  • Feb 8, 2012 12:46am Feb 8, 2012 12:46am
Quoting tommbstone
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.
i know FPA...all the people use the (top) EA..say they are so bad on live..

and when u find (Good) EA on myfxbook..

and start reading the discuss..its sound like something fake..

so really i start to think to forget searching fo for EA and focus on manaul
  • #22
  • Feb 8, 2012 12:48am Feb 8, 2012 12:48am
Quoting EmeraldEyes
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.
yes all u have said was on my head and think about all like you say always..

u r right

thank you
  • #23
  • Feb 8, 2012 12:50am Feb 8, 2012 12:50am
Quoting tommbstone
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"...

hahahah lol
  • #24
  • Feb 8, 2012 1:08am Feb 8, 2012 1:08am
Fadi111 I always wounder about them FXbook ea's.

I'm not sure how you can make a fake EA on there but its possible I guess
BUT correct me if I'm wrong .... the winning EA seems to never be for sale anyway right?

As far as fpa, I think the big problem there is getting everyone to share a winning set combination.
Greedy bastards

The second is look at the post dates. An EA that works great one year works rotten the next.
  • #25
  • Feb 8, 2012 1:26am Feb 8, 2012 1:26am
Quoting tommbstone
Fadi111 I always wounder about them FXbook ea's.

I'm not sure how you can make a fake EA on there but its possible I guess
BUT correct me if I'm wrong .... the winning EA seems to never be for sale anyway right?

As far as fpa, I think the big problem there is getting everyone to share a winning set combination.
Greedy bastards

The second is look at the post dates. An EA that works great one year works rotten the next.
mm brother.. am not prof on my fxbook but i mean that they maybe choose to hide some trades. and make its ubdate evry 8 hours..

i mean also look at forex combo system..the company that sell the EA run it on demo account... WHY !?!? why on demo. if they say its magic EA.
and they trade more than 10 years....and just read the discus on this EA..

there a lot of people write that they bought it and share there link fxbook...all links "deleted" !! wonder...
  • #26
  • Feb 8, 2012 1:58am Feb 8, 2012 1:58am
no I totally agree. If the ea is so damn good why not put it on a live account? Even a 500 dollar account. Any account... so your right.

I say if its not live and the results have not been verified by a non bias third party... its probally fake.
  • #27
  • Feb 8, 2012 4:49am Feb 8, 2012 4:49am
The more users that go "long" on Eur/Usd with an EA from a form of price action trigger (anything that can be placed on a chart), the more liquidity demand it has on the ask side. Which runs up price. If such trigger happens when bad Euro news, large real money sells, ect come in to the picture, then you're done for. When placed on a chart, it usually looks like you've bought a top or sold a bottom.

Professionals know how to trigger simple-moderate EAs in to trading the wrong side via price action when they need more people to transact with. Without retail traders on the other side, large trader's business costs rise.
  • #28
  • Feb 8, 2012 9:43pm Feb 8, 2012 9:43pm
Joe broker does not know where I am or you are or the EA is on the charts. Thats just nonsense. Its a trillion dollor market.
It may feel like the broker is out to get YOU but he's not. The market moves up an down up and down all day long. We just happen to be somewhere in the mix. Like a drop in the ocean no one cares
  • #29
  • Feb 9, 2012 1:05am Feb 9, 2012 1:05am
Not a broker. Large traders need others to trade with so price is malipulated to gain counterparties. One of the easiest ways is to place a large market order the oppostite way to trip buy stops and EA price triggers while selling in to them.

Jesse Livermore did the same exact stuff way back when. Nothing new. Brokers are there to collect the spread and that's all.
  • #30
  • Feb 9, 2012 4:53am Feb 9, 2012 4:53am
EA's never work on live accounts and the ones that do, make tiny trades, even when you have a big account balance. Either way, today's EA market is like every other online promo you come across online - fool's gold.
Most of the back-tests posted are either fake or on demo, not on live accounts. But guess if you do program the perfect EA, you would not want to give it to anyone at any cost..that's what human nature is all about.
  • #31
  • Feb 10, 2012 8:19am Feb 10, 2012 8:19am
Whats the difference between manual trading and automated trading?

Thats what i dont get in this discussion (??).

If you trade price, make bold observations on market movement, and test these via automated concepts, this in itself forces you to become objective and detailed as to why/how/when/where you get in and get out.

Thats the essence of automated trading.

EA's have a stigma, but autotrading is real and its happening.

Of course, no one who is legit/profitable will sell their 'atm' for a couple grand.

And even if they where to retire, they would pass it on down to their siblings.

Think about it...
  • #32
  • Feb 10, 2012 10:52am Feb 10, 2012 10:52am
I think the problem I have with auto ea is this.

Ive tested ea's on demo and when the market gets "crazy" they have a tendency to lose their minds. I've had them not put in SL or a TP for example. Or they keep trying to put an order in when the market has moved to far away etc.

If you have a working EA cool but you can't just let them run. They have to be baby sat to some degree. Keep a close eye on your experts tab for all the errors an stupid stuff it does.

The biggest problems come when you have the same EA on over 4 charts or more, even with different magic numbers they can get confused and if the broker times you out because you have to many orders coming in at once. (markets correlate)
Think about it this same way, an EA is trying to place trades then modify stop loss and tp on several trades at once. More so on ECN... Broker times you out.. oh well EA is now confused and is throwing errors in the experts tabs... but your at the gym you come home to a fat loss.
Good luck
  • #33
  • Feb 10, 2012 12:05pm Feb 10, 2012 12:05pm
Quoting tommbstone
I think the problem I have with auto ea is this.

Ive tested ea's on demo and when the market gets "crazy" they have a tendency to lose their minds. I've had them not put in SL or a TP for example. Or they keep trying to put an order in when the market has moved to far away etc.

If you have a working EA cool but you can't just let them run. They have to be baby sat to some degree. Keep a close eye on your experts tab for all the errors an stupid stuff it does.

The biggest problems come when you have the same EA on over 4 charts or more,...
that just means that you are a bad programmer. You shouldn't have negative feelings towards ea's, you should in fact realize that you just can't program well enough.
  • #34
  • Feb 10, 2012 12:33pm Feb 10, 2012 12:33pm
I'll let RR know.

LOL

I've seen it with the few commerical EA's I've purchased in the past as well.
  • #35
  • Edited 4:15pm Feb 10, 2012 3:25pm | Edited 4:15pm
Here's my theory.

if someone made money from EA, will they share it or will they talk shit about it?

I mean if someone finds an EA that can make a lot of money will that person actually go on forums and post how awesome it is? Ppl usually like to vent about negativity rather than anything that's positive right?

If an EA works, great. If it doesn't, 'lets go to forums and talk shit about it'.

I guess the best is still to test it on a demo account first.
  • #36
  • Feb 10, 2012 3:39pm Feb 10, 2012 3:39pm
Quoting Custos
that just means that you are a bad programmer. You shouldn't have negative feelings towards ea's, you should in fact realize that you just can't program well enough.
Have to agree with this. Seems as if the EA was never properly designed or tested if I understand the behaviour.
  • #37
  • Feb 10, 2012 10:53pm Feb 10, 2012 10:53pm
Quoting CodeMeister
Have to agree with this. Seems as if the EA was never properly designed or tested if I understand the behaviour.
yeah have to really agree on that
  • #38
  • Feb 14, 2012 3:47am Feb 14, 2012 3:47am
If I were a programmer and could develop an EA like that? No way I would sell it. And also I don't think I could ever leave it alone. I'd sit by my little baby 24-hours a day I guess.
  • #39
  • Edited 4:30am Feb 14, 2012 4:16am | Edited 4:30am
some help, some will do it to work, Youtube has a video for this bot-
Inserted Video


not working!
correct it if anyone can, and to publish
Attached File(s)
File Type: rar EA_HGNR_TURBO_V.2.rar   111 KB | 886 downloads
  • #40
  • Feb 15, 2012 11:37am Feb 15, 2012 11:37am
Anyone willing to make the unworkable bot work again? Curious to see how many would attempt to recode the bot..guess we will have to wait a while to see it happen..
0 traders viewing now