Please advise with Forex Robot

Oct 22, 2013 at 06:07
1,053 Views
23 Replies
Member Since Sep 20, 2012   113 posts
Oct 23, 2013 at 10:25
- 2 year lifetime expectancy of an EA is fine
- You can better test with thousands of trades for 2-3 years then for 10 years with much less. Bakctesting is about loads of trades, different marketsituations and quality data/measurements.
-Doing Martingale for a very short time and then switch feels indeed like a casino approach.

Nevertheless best of luck and respect to everyone. One should do what feels the best for you.

Member Since Jun 03, 2010   696 posts
Oct 23, 2013 at 10:30
Alpscalp posted:
- 2 year lifetime expectancy of an EA is fine

TRUE

Alpscalp posted:
- You can better test with thousands of trades for 2-3 years then for 10 years with much less. Bakctesting is about loads of trades, different marketsituations and quality data/measurements.

TRUE

Alpscalp posted:
-Doing Martingale for a very short time and then switch feels indeed like a casino approach.

HALF TRUE. All Forex is kind of casino ;) It's all about the money.

Alpscalp posted:
Nevertheless best of luck and respect to everyone. One should do what feels the best for you.

TRUE
PAMM MANAGER // Professional Fund Manager
Member Since Apr 29, 2012   26 posts
Oct 27, 2013 at 06:22
Hi
I have had a unique EA developed over the last month and I am looking to sell 10 copies to fund a trading account to use this EA on full time. It is a unique strategy and I have never seen another ea using this particular strategy. The return it will generate is only around 50% per annum but where it becomes really profitable is when used on a cash back broker. It never has months of drawdown and does not have swings like a normal system. If interested please Inbox me for more details.
Simple Consistency
Member Since Mar 29, 2012   192 posts
Oct 27, 2013 at 09:47
I would highly recommend to never listen to anyone selling a 'limited number of copies' of an EA. This is always an obvious scam.
Moreover hundy1987, your PAMM advertise in your comments is losing a lot.
A smooth sea never made a skillful sailor.
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.