Reitings: Full Star Full Star Full Star Full Star Full Star
I came here to learn how to develop my own EA's
Iepriekšējās 1 2 Nākamais
GStarBoi

Biedrs kopš Feb 22, 2012  2 ieraksti Gerard (GStarBoi) Feb 22 2012 at 15:08
Hi community,

I've just recently started to get into investing, but i dont have the time to sit at the computer all day to trade as i have a full time job as an engineer. Would anyone direct me in the right direction to develop my own EA's. I have recently bought a book from amazon to teach me the basics, but all the other strategies i see here on myfxbook are very new to me.

Where do you get the information to formulate such strategies and is it difficult?

thankyou!
Gerard

If you lose your money today, you can get it back later when you have the right experience.
khanzada

Biedrs kopš May 11, 2012  3 ieraksti khanzada May 11 2012 at 16:58
hi sir whts the name of the book iam new as well contact on skype to share wht i know
rgds haroon
skype id saintharoon

ypnoz01

Biedrs kopš Mar 08, 2012  4 ieraksti yp (ypnoz01) May 11 2012 at 20:30
Hi
i can do that.
let me know when you are ready to start
thanks

dlathrop

Biedrs kopš May 21, 2012  33 ieraksti dlathrop Jun 20 2012 at 14:24
I've been trading for almost 3 years and am interested in learning how to develop my own EA's as well. Perhaps a knowledge programmer could make a thread laying out the all of the basic steps of creating an EA? or does such a thread already exist?

There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
Professor53

Biedrs kopš Dec 15, 2010  725 ieraksti Professor 53 Author of Quail Notes on Amazon EBooks. (Professor53) Jun 21 2012 at 07:56
Try MT5 and build your own EA its easy and very fast. Your limited to the ones they have availible for you. I osmtimes builld 10 new EAs a night and back test them.


Garry

Click on my Name to see My Live Charts and Bio.
fxbootstraps

Biedrs kopš Jul 31, 2011  4 ieraksti fxbootstraps (fxbootstraps) Jun 23 2012 at 21:21
there are a number of approaches you might want to consider.

i) programming in mt4. This isnt difficult to get the basic parts of your trading system working. If you are new I would recommend:
http://www.amazon.com/Expert-Advisor-Programming-Automated-MetaTrader/dp/0982645902/ref=sr_1_1?ie=UTF8&qid=1312723539&sr=8-1

ii) using an ea builder. Although most ea builders are prone to errors or time consuming to learn but I have found the following to work well:
http://sufx.core.t3-ism.net/ExpertAdvisorBuilder/

iii) using excel to execute trades in mt4. You can also use ta-lib which is free to undertake complex calculations

iv) using sql server to undertake back testing. My preferred choice as I have experience in SQL and I am interested in running caculations on parameterless solutions (see Chen).

for articles and reading I would recommend

i) Linda Raschke on volatility systems - http://www.traderslog.com/volatility-breakout-systems/
ii) Chen on automated trading - http://epchan.blogspot.co.uk/
iii) Lars Kestner - http://www.amazon.co.uk/s/?ie=UTF8&keywords=lars+kestner&tag=googhydr-21&index=aps&hvadid=7670234893&hvpos=1t3&hvexid=&hvnetw=g&hvrand=203779342246358794&hvpone=&hvptwo=&hvqmt=b&ref=pd_sl_8ht2odj082_b

Dean


   GStarBoi posted:
   Hi community,

I've just recently started to get into investing, but i dont have the time to sit at the computer all day to trade as i have a full time job as an engineer. Would anyone direct me in the right direction to develop my own EA's. I have recently bought a book from amazon to teach me the basics, but all the other strategies i see here on myfxbook are very new to me.

Where do you get the information to formulate such strategies and is it difficult?

thankyou!
Gerard

Build on Profits
fxmath

Biedrs kopš Jul 04, 2011  24 ieraksti FxTrade Advisor (fxmath) Jul 19 2012 at 12:43
Go to book.mql4.com and there you'll get all the info that u need to create u'r own ea.

Always insure steady growth
j4byers

Biedrs kopš Jul 18, 2010  6 ieraksti Jeff Byers (j4byers) Jul 19 2012 at 19:13
MQL is similar in syntax to C-based languages (e.g. C++). I learned as I went through reading the mql4.com references and discussion boards, examining source codes of other EAs and Googling questions I had. Chances are, if you have a question or a problem, somebody else has had the same one, and posted about it online. It's a very long process to get 'good..' Even with a development background, it took me a couple months to become familiar with the language. After you get a handle on the language/syntax and how MT4 executes EAs, I recommend you draw out what you want to accomplish and create a plan of the steps it will go through: in programming, we call this writing pseudo-code.. Since EAs are handled linearly (it is executed one line at a time from top to bottom), this is pretty easy. Luckily there is a ton of open source functions free to add in to your code, etc.. Just don't go trying to sell an EA with someone else's open source code in it - it's illegal and also not cool.

I don't agree with Professor53... you can build 10 crappy EA's a night, but they will be just that, crappy. A *good* EA takes a lot of thought and effort, or else everyone would be making fortunes. My own personal EA has been in development for just under a year and sits at over 10,000 lines of code (including libraries, after condensing it several times).

My major pro tip, which many people don't do is, think of all the what-ifs... This is a computer program that is managing thousands to millions of dollars - plan for everything from order sizing to balance/equity protection, order maximums, FIFO rules, etc.

Lastly, ONLY build an EA if you have a strategy that works manually - don't start building one and try to plug in crap as you go to try and make it work. I wasted a lot of time doing this before I sat down and planned out my system and knew it worked before I started programming it.

Be first, be smarter, or cheat.
rob559

Biedrs kopš Feb 11, 2011  618 ieraksti rob559 Jul 28 2012 at 22:20
you need to learn trading before or team up with a good trader,forex is a big new world even for an engineer

James_Bond

Biedrs kopš Jan 14, 2010  556 ieraksti James_Bond Aug 01 2012 at 11:04

GStarBoi posted:
Hi community,

I've just recently started to get into investing, but i dont have the time to sit at the computer all day to trade as i have a full time job as an engineer. Would anyone direct me in the right direction to develop my own EA's. I have recently bought a book from amazon to teach me the basics, but all the other strategies i see here on myfxbook are very new to me.

Where do you get the information to formulate such strategies and is it difficult?

thankyou!
Gerard


Many systems are available freely on the web, you just need to find it. Also, you should keep in mind that strategies may be very profitable on a demo, yet unsuccessful when traded on a real account.

Iepriekšējās 1 2 Nākamais
RBA Annual Report (2h 37min)
Further ECB Stimulus May Hurt Euro(7 min ago)
EURUSD 1.26177 GBPUSD 1.618
USDJPY 108.904 USDCAD 1.11684
FxPro
Tools Kopiena Apskats Platforma Uzņēmums Atbalsts
Ekonomisko notikumu kalendārs Kopiena Brokeri Logrīki Par BUJ
Forex Market Sistēmas Padomnieki (Expert Advisors) Funkcijas Blogs Palīdzība
Forex Volatility Most Popular Systems Signālu provaiders API Twitter Kontaktēties ar mums
Forex Correlation Stratēģijas VPS Services Mobile Facebook Ziņotas par kļūdu!
Forex Broker Spreads Konkursi EA Programming Tulkojumi    
Forex Broker Quotes Forex Charts PAMM Brokers RSS    
Forex Broker Swaps Komunikācijas apskats Rebate Programs      
Streaming Forex News   Trading Platforms      
Forex Broker Volume          
COT Data          
Liquidity          
Forex Calculators New          

Lapas karte  |   Terms & Conditions  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.