Can I program an EA base on someone's trading history?

Feb 19, 2018 at 13:56
Vistas 814
6 Replies
Miembro desde Feb 14, 2018   posts 1
Feb 19, 2018 at 13:56
I always want to learn Forex trading from my old man but he do not allowed me to. Lately I download his trading history in excel method from his laptop, contain nearly 1500 closed trade. I did a little calculation, looks like his win rate is around 75%. I know little about Forex, but is that possible to backtrack his trading strategy and build an Export Adviser base on it?
Miembro desde Jan 23, 2018   posts 1
Feb 21, 2018 at 12:35
It is possible if you are able to see similarities by breaking it down.

Start to check on this variables:

Time of entry
Currency pairs
SL deviation
Lot Size Deviation
Avg holding period
TP target
SL max

Using the info go back to the Trading chart to see if you can spot any similarities at the entry level.
As long a human is manual trading, there is a large part of discrepancies and discretionary decisions involved.

If he/she is so systematic, it would be way easier to just program their system into EA instead of trading.

Most often, successful manual traders come with gut feels, discretionary manual decision making on exit points through market volatility and anticipation like if they want to cut loser cut, or bring a trade into a news event, breakeven or let profits run and so on., There can be many factors involved.

A system with 75% WR is too high and too good to be true, which is likely less than 1:1 RR or maybe the pips expectancy was lower.

The bigger the TP, the spread and also longer trading duration increased the uncertainty in the market.

My 2 cents.
This is for Traders
Miembro desde Feb 22, 2011   posts 4862
Feb 26, 2018 at 14:30
Lucifinics posted:
I always want to learn Forex trading from my old man but he do not allowed me to. Lately I download his trading history in excel method from his laptop, contain nearly 1500 closed trade. I did a little calculation, looks like his win rate is around 75%. I know little about Forex, but is that possible to backtrack his trading strategy and build an Export Adviser base on it?

No way to do it.
Miembro desde Sep 25, 2012   posts 7
Feb 26, 2018 at 22:56
I think a machine learning program and the MT4 back tester could do it.
Enter Boldy
Miembro desde Feb 22, 2011   posts 4862
Feb 27, 2018 at 12:54
GridMaster posted:
I think a machine learning program and the MT4 back tester could do it.
No way to do it.
Miembro desde May 16, 2018   posts 4
May 17, 2018 at 05:49
It depends on your ability and experience of trading and parogram
Miembro desde Sep 25, 2012   posts 7
May 29, 2018 at 21:30
togr posted:
GridMaster posted:
I think a machine learning program and the MT4 back tester could do it.
No way to do it.
why not?
Enter Boldy
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.