hi Is it averaging of losing trade by opening more trade on loss side. Thanks
Ignored
Yes, it's a Martingale expert, but uses smart strategies to choose the direction with flexible settings to get it under control. and also can be used trading with a stop loss.
What do you expect EA to do! if youre looking for a holly grail, well that is not exists. if you want to use the EA you need to find appropriate settings for a specific pair, and specific time frame.
Joined Sep 2012
|
Status: Aim Consistent Income
|791 Posts
Long time ago i believed that EA could do a good job, fully automated robot to help you open and close any positions, however i don't believe it now. Why?
I am EA coder and know well of the defect of coding, no matter how perfect is the rules of EA, it would fail the test if there is big jump in 1 sec. Meaning to say the tester result is not accurate. Of course there are other external factors like spread, speed of execution, historical data and etc could affect the accuracy of testing performance. What i believe now is EA could help trader to manage open positions and assist in money management, position entry still need manual works.
I believe that a perfect EA (Could solve the above factors) survive in all times in LIVE account, it must be a very very complex coding EA, but possible.
{quote} Very true. These kind of equity-curves are extremely dangerous, as your test shows it. A good curve is like this: {image}
Ignored
The EA has 6 Strategies, with different settings, and can be used with a stop loss, so can generate different kinds of curves, it depends how much profit do you expect. 10% a year or, 100% a month. and please let me know if you found a very high profit EA that also is not dangerous!
