Change of tactic....
| Subscribe to this topic |
|
Member Since Sep 27, 2011 22 posts
Martin Birrell (mbirrell)
Oct 06 2011 at 20:07
(edited Oct 06 2011 at 20:32 )
Hi all,
Some of you whom have been watching my account may be wondering why it has started to founder - the reason for this is that my Sell EA script doesn't handle market direction change too well. Due to this I stopped it and have put on a new EA that I have been working on that is not so profitable but is more durable when the market changes direction as it does. It is a sell script as well but I have also written a buy script the uses the same trading method. Both EAs require optimization which I do every 24 hours. The one that has the best results gets run on the currency pair. Today I am trying the buy script against the AUDUSD as it performed better than the sell. As I said I do not expect the performance off these EAs' to match my last one At least I will be able to sleep at night! I have read on this forum that 'it is a marathon not a sprint' and I believe this to be true. That is how I will run the race from now on. I also believe that if I had of kept going with my old EA I would be in trouble right now because of the market direction change (or breakout who knows?) for the AUDUSD pair. All the best and happy trading, Martin Who dares wins |
|
Please login to comment.
|
|
Share
