What does Good EA for all Seasons meant?
- EA to survive and end up profitable in choppy, range bound and also trending markets
- EA to survive extreme fundamental news releases (or) sudden central bank interventions
- EA to have good MM & well defined risk to reward ratio
- Fixed Risk to each trade Vs Variable Reward return from each trade
- Good Money Management and variable scaling lots accordance with the account equity
- EA to be distributed in manner
- EA not relying on just one currency or commodity pair for its co-existence rather operates with bunch of pairs/commodities
- Distributed portfolio of trading eliminates the dependency of single currency pair instead to make EA perform as a group to profitability
- EA shouldn't use martingale/grid (or) anti martingale pyramid schemes since its matter of time to get hit in trending markets
- EA's trading entry/exit logic not visible to brokers to disrupt/tamper its working behavior
- Hidden TP/SL
- Hidden Pending /Expiry of orders used
With all that in mind the "Good EA for all seasons" is drafted over last few years and put on a live market account to test the waters of its potential to survive the storm.
Currency pairs(Majors/Cross Pairs) + Commodity Pairs (Total) : 33 charts enabled for auto trading.
For 27th May later in US session:
10:00am GMT
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