A profitable EA, finally... | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Finally I'm profitable - I need help coding the EA - Willing to share the strategy 48 replies

ok finally!!! 7 replies

Oanda finally did that 'thing' 5 replies

I finally got FLAT in Cash & Carry (Standard) YEAH!!! 0 replies

finally goin live......again 5 replies

Attachments: A profitable EA, finally...
Exit Attachments

A profitable EA, finally...

  • #1
  • First Post: Edited Dec 19, 2024 1:13pm Jun 9, 2016 4:02pm | Edited Dec 19, 2024 1:13pm
doesn't martingle, suitable for small account like $50, low drawdown.

Here is the backtest from 2004 to present with FIXED 0.01 lot.




Update: slippage kills.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2016-06-10 04.57.44.png Size: 96 KB
Click to Enlarge Name: 2016-06-10 04.58.17.png Size: 13 KB
  • #2
  • Jun 9, 2016 4:28pm Jun 9, 2016 4:28pm
Quoting sunny7day
doesn't martingle, suitable for small account like $50, low drawdown. Here is the backtest from 2004 to present with fixed 0.01 lot. {image} {image}
this is cool man
are you going to share the strategy?
  • #3
  • Jun 9, 2016 4:34pm Jun 9, 2016 4:34pm
Selling for $50 only, sorry if it is offensive.
  • #4
  • Jun 9, 2016 4:43pm Jun 9, 2016 4:43pm
Can you provide EA for testing
  • #5
  • Jun 9, 2016 6:34pm Jun 9, 2016 6:34pm
Quoting Sunny7day
doesn't martingle, suitable for small account like $50, low drawdown. Here is the backtest from 2004 to present with FIXED 0.01 lot. {image} {image}
If you think it is profitable, then why don't you run it on a real account?
  • #6
  • Jun 10, 2016 3:07am Jun 10, 2016 3:07am
you should provide more details about settings and backtest quality and of course a demo of the ea

like it is proves nothing
  • #7
  • Jun 11, 2016 5:05am Jun 11, 2016 5:05am
Forgive me for being a skeptic, but 50 bucks for an EA that has turned a 150 into 13k, sounds a little bit like a scam to me.
Sow the seeds of knowledge, and watch them grow into success.
  • #8
  • Jun 11, 2016 5:19am Jun 11, 2016 5:19am
Why the price is very cheap ?
  • #9
  • Jun 11, 2016 6:15am Jun 11, 2016 6:15am
The shown -25.78% max. DD is tricky. Why...? Because the max. absolute DD is -140.26 USD with an intial deposit of $150 USD.

In other words: if the backtest had been started on the day of the max. DD, then the Relative DD would have been 140/150 = -93.33%.

The same -93.33% max. DD would have been resulted if the lot size had not been a fixed 0.01 lot, but it had been adjusted to the growing size of the account (e.g. 0.02 lots with 300 USD, 0.04 lots with 600 USD, 0.1 lot with $1k balance, etc.)

Attached Image (click to enlarge)
Click to Enlarge Name: DD.png Size: 73 KB

Quoting AlexKarva
Why the price is very cheap ?
That is why... You get you what you pay for. Not to mention that most likely the backtest results are "curve fitted", i.e. displaying the "Texas Sharpshooter Fallacy"...

Attached Image
  • #10
  • Jun 11, 2016 6:39pm Jun 11, 2016 6:39pm
As you guys can see, the curve on the picture of the first post is not consistent. Sometimes it is flat and not profitable. But some year can become very profitable. It really depends on the market.

I am testing it on real account, so far it is not very good.
  • #11
  • Jun 11, 2016 6:44pm Jun 11, 2016 6:44pm
Quoting AlexKarva
Why the price is very cheap ?
So that you guys can enjoy it at a lower price.
  • #12
  • Jun 11, 2016 6:47pm Jun 11, 2016 6:47pm
Quoting RobTaylor
Forgive me for being a skeptic, but 50 bucks for an EA that has turned a 150 into 13k, sounds a little bit like a scam to me.
It is really no scam here, i am still testing in my real account. But the problem is that the ea is not always profitable, as you can see the curve is flat sometimes.
  • #13
  • Last Post: Jun 12, 2016 6:31am Jun 12, 2016 6:31am
Quoting Sunny7day
{quote} It is really no scam here, i am still testing in my real account. But the problem is that the ea is not always profitable, as you can see the curve is flat sometimes.
Nobody said it was a scam. Neverthless, statistical results - and especially backtest results - can be tricky...
0 traders viewing now