EA that actually works

Nov 18, 2014 at 13:57
7,695 Views
162 Replies
Member Since Sep 27, 2011   30 posts
Nov 18, 2014 at 13:57 (edited Nov 18, 2014 at 14:02)
just finished from this EA after years of programming and finally its done, i cant share it now since it up from 21st Oct.
https://www.myfxbook.com/members/Mammad78/braveheart/1078813
investers are welcome.

Mammad
Member Since Sep 27, 2011   30 posts
Nov 23, 2014 at 08:47
last week was a good profitable week.

Mammad
RSTrading
forex_trader_139412
Member Since Jul 16, 2013   385 posts
Nov 23, 2014 at 16:34
Yeah...investors are going to line up for a demo account with 4 months history, and I am assuming this is a martingale as the lot sizes are locked which attracts investors even more.

Anyway, good luck to you..
Member Since Jun 09, 2014   138 posts
Nov 24, 2014 at 07:41
Good for you mohammed
Member Since Sep 27, 2011   30 posts
Nov 25, 2014 at 08:07
Rihan, it is a 4 moths history but years of effort to get this EA.
Member Since Oct 15, 2014   54 posts
Nov 25, 2014 at 08:53
I have built ea's for years myself, and that doesn't mean they are good eas. Want to tell more about the philosophy of your system?
Member Since Feb 22, 2011   4862 posts
Nov 25, 2014 at 15:04
Mammad78 posted:
just finished from this EA after years of programming and finally its done, i cant share it now since it up from 21st Oct.
https://www.myfxbook.com/members/Mammad78/braveheart/1078813
investers are welcome.

Mammad

I am sorry to say that spending 6 years on this is not worth it.
I can build such martingale within 24 hours
Member Since Sep 27, 2011   30 posts
Nov 26, 2014 at 09:46 (edited Nov 26, 2014 at 09:47)
5astelija, it a trend following ea with 4.33%DD and 20+% monhly profit.
Member Since Sep 27, 2011   30 posts
Nov 26, 2014 at 09:46 (edited Nov 26, 2014 at 10:09)
togr posted:
Mammad78 posted:
just finished from this EA after years of programming and finally its done, i cant share it now since it up from 21st Oct.
https://www.myfxbook.com/members/Mammad78/braveheart/1078813
investers are welcome.

Mammad

I am sorry to say that spending 6 years on this is not worth it.
I can build such martingale within 24 hours
Vontogr, yes you can build ea in 24hrs but will it work? its not about coding it all about reading the market and how your ea will react about it. its a trend following ea with 4.33%DD and 20+% monthly profit.
Member Since Feb 22, 2011   4862 posts
Nov 26, 2014 at 14:04
Mammad78 posted:
togr posted:
Mammad78 posted:
just finished from this EA after years of programming and finally its done, i cant share it now since it up from 21st Oct.
https://www.myfxbook.com/members/Mammad78/braveheart/1078813
investers are welcome.

Mammad

I am sorry to say that spending 6 years on this is not worth it.
I can build such martingale within 24 hours
Vontogr, yes you can build ea in 24hrs but will it work? its not about coding it all about reading the market and how your ea will react about it. its a trend following ea with 4.33%DD and 20+% monthly profit.

I can build EA with same results as yours in 24 hours
And your EA is martingale
Member Since Oct 15, 2014   54 posts
Nov 26, 2014 at 14:49
Where did you get that DD percent? In your backtest there's 30% drawdown.
Member Since Jan 28, 2014   41 posts
Nov 26, 2014 at 16:58
can v trial this EA??/
Member Since Sep 27, 2011   30 posts
Nov 26, 2014 at 17:10
5astelija posted:
Where did you get that DD percent? In your backtest there's 30% drawdown.
the EA strated in 22nd Oct 2014 change the date and check it.
Member Since Sep 27, 2011   30 posts
Nov 26, 2014 at 17:10
togr posted:
Mammad78 posted:
togr posted:
Mammad78 posted:
just finished from this EA after years of programming and finally its done, i cant share it now since it up from 21st Oct.
https://www.myfxbook.com/members/Mammad78/braveheart/1078813
investers are welcome.

Mammad

I am sorry to say that spending 6 years on this is not worth it.
I can build such martingale within 24 hours
Vontogr, yes you can build ea in 24hrs but will it work? its not about coding it all about reading the market and how your ea will react about it. its a trend following ea with 4.33%DD and 20+% monthly profit.

I can build EA with same results as yours in 24 hours
And your EA is martingale
ok cool
Member Since Jan 25, 2010   1360 posts
Nov 28, 2014 at 10:39
Is this a question? Or are you peddling your 'amazing' EA?

Take my advice: there is NO EA that works profitably 100% of the time. No EA is perfect. There will always be some market event or behaviour that the EA will not cope with.

EAs are useful tools, that need tuning to work effectively, and you need a few to counteract each other. No one has a holy grail or is smart enough to program an EA for every possible event.
Member Since Oct 15, 2014   54 posts
Nov 28, 2014 at 12:18
True^. Also, when ea is made the way there are lots of small profits and never loss, there will probably be a big loss coming some day. Statistics are also warning: Profit factor is over 4, but sharpe ratio only 0.05. This should raise alarms.
Of course this can really be a good ea, future will show us ;)
Member Since Sep 27, 2011   30 posts
Nov 28, 2014 at 14:20
BluePanther posted:
Is this a question? Or are you peddling your 'amazing' EA?

Take my advice: there is NO EA that works profitably 100% of the time. No EA is perfect. There will always be some market event or behaviour that the EA will not cope with.

EAs are useful tools, that need tuning to work effectively, and you need a few to counteract each other. No one has a holy grail or is smart enough to program an EA for every possible event.
tunning this ea is what i was working on all this time, thats what i was trying to tell everyone here and believe me writting the code was the easy part. as u said there is no 100% prifitable ea but the risk managment i have is acceptable here.
Member Since Sep 27, 2011   30 posts
Nov 28, 2014 at 14:24
5astelija posted:
True^. Also, when ea is made the way there are lots of small profits and never loss, there will probably be a big loss coming some day. Statistics are also warning: Profit factor is over 4, but sharpe ratio only 0.05. This should raise alarms.
Of course this can really be a good ea, future will show us ;)
alarms were raised lots of time when i was tunning this ea thats why i was working on the risk managment most of the time.
Member Since Feb 01, 2011   20 posts
Dec 02, 2014 at 16:37
But for martingale type of ea only big accounts and low risk is good solution.
create fully passive income by copying trades to your mt4 account
Member Since Feb 22, 2011   4862 posts
Dec 02, 2014 at 17:24
marekk posted:
But for martingale type of ea only big accounts and low risk is good solution.
That's the point. If you have big accounts you won't use martingale.
There are better systems with higher profit and lower risk.:-D
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.