Profitable EA like this exist?
May 28, 2016 at 10:37
1,069 Angesehen
18 Replies
Mitglied seit Mar 18, 2016
127 Posts
May 29, 2016 at 15:23
(bearbeitet May 29, 2016 at 15:25)
Yeah, I use one like that.. Not for sale though..
Mind you, no, it doesn't fit the profile - it's success is very dependent on low spread..
Mind you, no, it doesn't fit the profile - it's success is very dependent on low spread..
My accounts will ALWAYS show high DD. This is done purposely to maximize our withdrawals every week.
May 30, 2016 at 14:38
Hello Summy Chan,
Martingale, Grid, averaging are risky. That is out of question. But these are perfectly valid strategies if you know how to deal with them. Manage your risk and you will be able to make money even with these EAs.
Regards
Martingale, Grid, averaging are risky. That is out of question. But these are perfectly valid strategies if you know how to deal with them. Manage your risk and you will be able to make money even with these EAs.
Regards
forex_trader_335845
Mitglied seit Jun 11, 2016
9 Posts
Jun 18, 2016 at 17:30
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Mitglied seit Feb 22, 2011
4862 Posts
Jun 19, 2016 at 09:56
G9GX75 posted:
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Well not necessary. It does not matter if you open one 0.5 lot position or 10 0.05 positions.
You still have the same risk. But actually 10 smaller positions could average the trades in your favor.
Its all about risk mgmt - how much you risk for all open positions.
forex_trader_335845
Mitglied seit Jun 11, 2016
9 Posts
Jun 20, 2016 at 01:58
togr posted:G9GX75 posted:
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Well not necessary. It does not matter if you open one 0.5 lot position or 10 0.05 positions.
You still have the same risk. But actually 10 smaller positions could average the trades in your favor.
Its all about risk mgmt - how much you risk for all open positions.
I understand that they're equivalent in terms of margin requirement but which would (you) rather do, 1 trade or 10 trades? For me, opening more than 1 (unless it's another opposite direction trade to hedge), implies that the strategy isn't looking to make the 'best' entry and therefore, not a strategy I want to keep polishing to make better.
Mitglied seit Feb 22, 2011
4862 Posts
Jun 20, 2016 at 07:50
G9GX75 posted:togr posted:G9GX75 posted:
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Well not necessary. It does not matter if you open one 0.5 lot position or 10 0.05 positions.
You still have the same risk. But actually 10 smaller positions could average the trades in your favor.
Its all about risk mgmt - how much you risk for all open positions.
I understand that they're equivalent in terms of margin requirement but which would (you) rather do, 1 trade or 10 trades? For me, opening more than 1 (unless it's another opposite direction trade to hedge), implies that the strategy isn't looking to make the 'best' entry and therefore, not a strategy I want to keep polishing to make better.
Do you have an account to compare both strategies?
Jun 20, 2016 at 09:13
G9GX75 posted:togr posted:G9GX75 posted:
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Well not necessary. It does not matter if you open one 0.5 lot position or 10 0.05 positions.
You still have the same risk. But actually 10 smaller positions could average the trades in your favor.
Its all about risk mgmt - how much you risk for all open positions.
I understand that they're equivalent in terms of margin requirement but which would (you) rather do, 1 trade or 10 trades? For me, opening more than 1 (unless it's another opposite direction trade to hedge), implies that the strategy isn't looking to make the 'best' entry and therefore, not a strategy I want to keep polishing to make better.
I am contrarian. I see myself as not perfect market timers. So rather than try to catch the absolute top or bottom with 1 huge position, I spread out my smaller entries and exits over time
forex_trader_335845
Mitglied seit Jun 11, 2016
9 Posts
Jun 20, 2016 at 15:14
togr posted:G9GX75 posted:togr posted:G9GX75 posted:
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Well not necessary. It does not matter if you open one 0.5 lot position or 10 0.05 positions.
You still have the same risk. But actually 10 smaller positions could average the trades in your favor.
Its all about risk mgmt - how much you risk for all open positions.
I understand that they're equivalent in terms of margin requirement but which would (you) rather do, 1 trade or 10 trades? For me, opening more than 1 (unless it's another opposite direction trade to hedge), implies that the strategy isn't looking to make the 'best' entry and therefore, not a strategy I want to keep polishing to make better.
Do you have an account to compare both strategies?
Yes, the account(s) I've had using martingale, averaging, etc., have all been blown to bits. So currently, I don't have any of those accounts to compare since they're in FOREX heaven, or hell.
As for my current methods, see my demos.
Before you say 'but it's only a demo,' analyze some of the statistics and if you know what key things to look for, you'll see that these demo performances don't benefit from a demo environment. For example, one statistic you can look for, is the number of pips. Generally, the strategies that benefit from a demo environment are ones that depend on broker execution since usually they're looking in grab a pip or two and we all know that execution isn't an issue on demo accounts; well, unless a demo server goes down temporarily.
Like I've mentioned before, I'm running a live next to a demo and I don't see any difference. I'll soon be setting up brand new live accounts so that I can publish those for demo-haters.
forex_trader_335845
Mitglied seit Jun 11, 2016
9 Posts
Jun 20, 2016 at 15:19
chamchoun posted:G9GX75 posted:togr posted:G9GX75 posted:
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Well not necessary. It does not matter if you open one 0.5 lot position or 10 0.05 positions.
You still have the same risk. But actually 10 smaller positions could average the trades in your favor.
Its all about risk mgmt - how much you risk for all open positions.
I understand that they're equivalent in terms of margin requirement but which would (you) rather do, 1 trade or 10 trades? For me, opening more than 1 (unless it's another opposite direction trade to hedge), implies that the strategy isn't looking to make the 'best' entry and therefore, not a strategy I want to keep polishing to make better.
I am contrarian. I see myself as not perfect market timers. So rather than try to catch the absolute top or bottom with 1 huge position, I spread out my smaller entries and exits over time
Contrarian, that's cool that the method works for you but like I said, it is too risky for me.
Mitglied seit Feb 22, 2011
4862 Posts
Jun 20, 2016 at 15:37
G9GX75 posted:togr posted:G9GX75 posted:togr posted:G9GX75 posted:
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Well not necessary. It does not matter if you open one 0.5 lot position or 10 0.05 positions.
You still have the same risk. But actually 10 smaller positions could average the trades in your favor.
Its all about risk mgmt - how much you risk for all open positions.
I understand that they're equivalent in terms of margin requirement but which would (you) rather do, 1 trade or 10 trades? For me, opening more than 1 (unless it's another opposite direction trade to hedge), implies that the strategy isn't looking to make the 'best' entry and therefore, not a strategy I want to keep polishing to make better.
Do you have an account to compare both strategies?
Yes, the account(s) I've had using martingale, averaging, etc., have all been blown to bits. So currently, I don't have any of those accounts to compare since they're in FOREX heaven, or hell.
As for my current methods, see my demos.
Before you say 'but it's only a demo,' analyze some of the statistics and if you know what key things to look for, you'll see that these demo performances don't benefit from a demo environment. For example, one statistic you can look for, is the number of pips. Generally, the strategies that benefit from a demo environment are ones that depend on broker execution since usually they're looking in grab a pip or two and we all know that execution isn't an issue on demo accounts; well, unless a demo server goes down temporarily.
Like I've mentioned before, I'm running a live next to a demo and I don't see any difference. I'll soon be setting up brand new live accounts so that I can publish those for demo-haters.
I have live accounts. Running for years. Averaging does work if you know what you are doing.
Jun 20, 2016 at 15:38
togr posted:G9GX75 posted:togr posted:G9GX75 posted:togr posted:G9GX75 posted:
Any strategy that makes more than one entry is risky for me (unless it's a second one to hedge, etc.)
Stay away from martingale, averaging, etc. They will blow your account if you use them long enough. It could be days, weeks, or months before it does but, it does and will blow your account.
I hope this helps.
Well not necessary. It does not matter if you open one 0.5 lot position or 10 0.05 positions.
You still have the same risk. But actually 10 smaller positions could average the trades in your favor.
Its all about risk mgmt - how much you risk for all open positions.
I understand that they're equivalent in terms of margin requirement but which would (you) rather do, 1 trade or 10 trades? For me, opening more than 1 (unless it's another opposite direction trade to hedge), implies that the strategy isn't looking to make the 'best' entry and therefore, not a strategy I want to keep polishing to make better.
Do you have an account to compare both strategies?
Yes, the account(s) I've had using martingale, averaging, etc., have all been blown to bits. So currently, I don't have any of those accounts to compare since they're in FOREX heaven, or hell.
As for my current methods, see my demos.
Before you say 'but it's only a demo,' analyze some of the statistics and if you know what key things to look for, you'll see that these demo performances don't benefit from a demo environment. For example, one statistic you can look for, is the number of pips. Generally, the strategies that benefit from a demo environment are ones that depend on broker execution since usually they're looking in grab a pip or two and we all know that execution isn't an issue on demo accounts; well, unless a demo server goes down temporarily.
Like I've mentioned before, I'm running a live next to a demo and I don't see any difference. I'll soon be setting up brand new live accounts so that I can publish those for demo-haters.
I have live accounts. Running for years. Averaging does work if you know what you are doing.
To each their own. If it works for them, why not. All about risk appetite.
Jun 17, 2017 at 07:55
Sunnyday posted:
It uses stoploss, doesn't martingale and profitable with spread.
Maybe yes. But I don’t know the name of this trading EA! Unfortunately I have very horrible experience with trading EA, yes I lost my trading capital for 5 times when I tried with others trading EA/robot! I believe, profitable trading EA is very rare!
Mitglied seit Mar 01, 2015
8 Posts
Sep 17, 2017 at 11:04
bobtsai88888888@
Sep 18, 2017 at 14:40
Sunnyday posted:
It uses stoploss, doesn't martingale and profitable with spread.
Stop Loss is obvious here! Because, there is nothing like certainty in Forex! By the way, I have never seen a real profitable trading EA, I seem manual trading is much better!
forex_trader_1708
Mitglied seit Oct 13, 2009
16 Posts
Sep 19, 2017 at 06:50
Sunnyday posted:
It uses stoploss, doesn't martingale and profitable with spread.
This matches all of your listed criteria, https://www.myfxbook.com/members/traderjcl/-calculated-returns-ea/2244205
Mitglied seit Feb 22, 2011
4862 Posts
Sep 19, 2017 at 06:50
AniLorak posted:Sunnyday posted:
It uses stoploss, doesn't martingale and profitable with spread.
Maybe yes. But I don’t know the name of this trading EA! Unfortunately I have very horrible experience with trading EA, yes I lost my trading capital for 5 times when I tried with others trading EA/robot! I believe, profitable trading EA is very rare!
@AniLorak
did you do your homework?
Backstest EA with 99.9 precision
Running demo for months
Running small real before large real?
Mitglied seit Feb 22, 2011
4862 Posts
Sep 19, 2017 at 06:50
bobtsai88888888 posted:
see if this works:
https://www.myfxbook.com/members/bobtsai88888888/hedge8/2255197
It is verifed account
though it is fresh martingale system
Mitglied seit Feb 22, 2011
4862 Posts
Sep 19, 2017 at 07:19
traderjcl posted:Sunnyday posted:
It uses stoploss, doesn't martingale and profitable with spread.
This matches all of your listed criteria, https://www.myfxbook.com/members/traderjcl/-calculated-returns-ea/2244205
Nope it is too fresh and dont match the criteria
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