Is there a successful EA out there? | Forex Factory

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Is there a successful EA out there?

  • #1
  • First Post: Sep 2, 2012 10:48am Sep 2, 2012 10:48am
I have been trying for some time to find an ea or a signal service that returns a decent revenue, uses money management, has no outlandish drawdowns, and is legit or third party verified. Either i am not looking where i should or there is no such thing.

What is your experience?
  • #2
  • Sep 2, 2012 11:25am Sep 2, 2012 11:25am
You've come to the right forum, the answer is: exxon corporate bonds.
  • #3
  • Sep 2, 2012 11:36am Sep 2, 2012 11:36am
I think there is.
Looking at myfxbook might give u some name of EA-s (cant advertise them here by giving direct links).
They have lasted for some time but I find them risky (Martingale involved) or very slow growing.
So you would need huge account for them not to blow and/or make some money.
F_ck your analysis, I know exactly where the market will go. To the right.
  • #4
  • Sep 2, 2012 11:38am Sep 2, 2012 11:38am
i've read and seen performance on some automatized trading funds and they perform really well. i would try to stay away from anything automatized which advertise mathematical models. those are the ones that fail long term.
  • #5
  • Sep 2, 2012 2:05pm Sep 2, 2012 2:05pm
believe me if there's one, youl not find it here!
The only way not to think about money is to have a great deal of it
  • #6
  • Sep 2, 2012 2:15pm Sep 2, 2012 2:15pm
Are we even allowed to recommend these things under the rules if they're commercial/for profit?
Offering $1.50 (21%)/RTL Commission Discounts at IC Markets & Global Prime
  • #7
  • Sep 2, 2012 2:27pm Sep 2, 2012 2:27pm
Quoting pfstudent
I have been trying for some time to find an ea or a signal service that returns a decent revenue, uses money management, has no outlandish drawdowns, and is legit or third party verified. Either i am not looking where i should or there is no such thing.

What is your experience?
Try a few ema's untill you feel confident.
All systems of divination, like music itself,work through patterns.
  • #8
  • Sep 2, 2012 4:44pm Sep 2, 2012 4:44pm
Quoting swingtraderf
the answer is: exxon corporate bonds.
When the question is "Is there a successful EA out there" why is "exxon corporate bonds" an answer ??

Quoting kaspopsicle
Try a few ema's untill you feel confident.
When the question is "Is there a successful EA out there" why is "Try a few ema's untill you feel confident." an answer ??

I don't know the answer but those seem fairly irrelevant or nonsensical.

There is a website that proclaims to have unbiased trials of EA's . Some of the EA's seem to have done pretty well for a fairly long time (some signal services are included). I've noticed though, that the results are based on the higher risk levels and primarily with a specific broker. Be your own judge.

http://www.expertadvisorsforex.com/

I don't believe I'm violating any rules as it isn't a direct link to a specific EA.


Given all of today's technology there's really no reason why an EA can't work, it's just that most of them don't.
When the Joker is in the deck.. fear not and play it well
  • #9
  • Sep 2, 2012 5:52pm Sep 2, 2012 5:52pm
Quoting Slim Buffett
When the question is "Is there a successful EA out there" why is "exxon corporate bonds" an answer ??



When the question is "Is there a successful EA out there" why is "Try a few ema's untill you feel confident." an answer ??

I don't know the answer but those seem fairly irrelevant or nonsensical.

There is a website that proclaims to have unbiased trials of EA's . Some of the EA's seem to have done pretty well for a fairly long time (some signal services are included). I've noticed though, that the results are based on the higher...
[/b]

Perhaps because they are not human. Not monitoring PA. Given all of todays technology price is manipulated by major global banking by a handful of humans making decisions on a minute to minute basis. How can any technology be predictive of those decisions ? They can't .
IF such a system has been created, to consistently turn profit, then check out that the author is a certified philanthropist before purchasing .

Apologies if i appear sarcastic.
All systems of divination, like music itself,work through patterns.
  • #10
  • Sep 3, 2012 9:56am Sep 3, 2012 9:56am
Thank you for the suggestion

Quoting Slim Buffett
When the question is "Is there a successful EA out there" why is "exxon corporate bonds" an answer ??



When the question is "Is there a successful EA out there" why is "Try a few ema's untill you feel confident." an answer ??

I don't know the answer but those seem fairly irrelevant or nonsensical.

There is a website that proclaims to have unbiased trials of EA's . Some of the EA's seem to have done pretty well for a fairly long time (some signal services are included). I've noticed though, that the results are based on the...
  • #11
  • Sep 4, 2012 5:21pm Sep 4, 2012 5:21pm
you can try MACD Simple that come with meta4

at another forum, the mod said that is most profitable EA.

maybe I should try it my self.
  • #12
  • Sep 7, 2012 10:59pm Sep 7, 2012 10:59pm
Trading with my own EA, I can tell you, Yes, EA's can work.
If you have a system with definitive rules, entry and exit rules, there is no reason why those same rules cant be programed into an EA (assuming you have the programming know-how or know someone who does).

Anyone who says EAs dont work, probably also have a manual system that doesnt work.

That said, I do think that most EAs on the market are complete crap. Most of the really profitable EAs are either private and not for sale or very expensive.

Think about it, do you really think any EA worth having would be sold for a couple hundred of dollars?
  • #13
  • Oct 11, 2012 2:31am Oct 11, 2012 2:31am
You would wanna try go to the Stevehopwood forum.

Steve generosity to code other FF members trading strategy and later distribute it to the public for free.

You can try and test all of the EA and play with the setting to suit your trading style.

All the best!
  • #14
  • Sep 5, 2019 12:35am Sep 5, 2019 12:35am
SUCCESSFUL EXPERT ADVISOR


https://www.forexfactory.com/showthread.php?t=945677
  • #15
  • Sep 15, 2019 9:11pm Sep 15, 2019 9:11pm
This is the right place to get real and traders answers. There is working EA with Forum.
  • #16
  • Last Post: Sep 29, 2020 9:35am Sep 29, 2020 9:35am
There are lot of EA in the market. But you should beck test it before applying in real account.
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