Regarding EA robot, do you think high profit or low DD is your first chiose

Choosing between a high-profit EA robot and a low-drawdown EA can be a significant decision for any trader using automated trading systems. Both types of EAs have their unique advantages and potential drawbacks, and the best choice often depends on your individual trading goals, risk tolerance, and overall strategy.
When choosing between a high-profit EA and a low-dd EA, consider the following factors:
Risk Tolerance: Assess your ability to handle risk. If you can tolerate larger dd and are seeking high returns, a high-profit EA may be suitable. If you prefer stability and lower risk, a low-dd EA is likely a better fit.
Investment Goals: Clarify your long-term investment goals. Are you looking to grow your capital quickly, or are you aiming for steady, consistent returns over time?
Ultimately, the choice between a high-profit EA and a low-dd EA depends on your individual trading style, risk appetite, and financial goals. High-profit EAs can offer substantial gains but come with higher risks, while low-dd EAs provide stability and steady growth. By carefully evaluating your needs and preferences, you can select an EA that aligns with your trading objectives and helps you achieve your financial targets.My own approach is to run both, using this hedging situation to reduce risk and increase profits. If it were you, what would you choose?

Low DD. You can get high profits from martingales strategies in the short term but the DD gives them away. So I always look for low DD as priority

SGForexTrader posted:
Low DD. You can get high profits from martingales strategies in the short term but the DD gives them away. So I always look for low DD as priority

There is nothing wrong with your idea. It's just that after running many robots, I am more accustomed to using different EAs with both. Because you never know when you will encounter extreme market conditions, risk diversification is the most important. The longer the robot survives, the higher the value it has, because the data it can refer to is more accurate. The two low DDs I am using now only run one product separately.

A high profit EA would obviously be great but even then the DD needs to be monitored because those extreme conditions could destroy the account

SGForexTrader posted:
A high profit EA would obviously be great but even then the DD needs to be monitored because those extreme conditions could destroy the account

Yes, so I think it is more important to match different types of robots and risk control. You need to choose a high-profit robot and a stable robot to share the risk for you. Of course, this also depends on the trading mentality of investors. For example, some people think that high profits and high risks are unacceptable to them, so they choose low DD robots to run, but some people will resolutely change to profitable robots after running low DD robots for no more than a week.

The best result comes with highest number of 'Recovery Factor'.
It includes both drawdown and profit. But you need to consider other factors based on your account type. If you are trading on prop firm accounts, you need to be carefull about daily drawdown which is also not shown in most trading instruments reports like mt5 or mt4

Findforex_demo posted:
The best result comes with highest number of 'Recovery Factor'.
It includes both drawdown and profit. But you need to consider other factors based on your account type. If you are trading on prop firm accounts, you need to be carefull about daily drawdown which is also not shown in most trading instruments reports like mt5 or mt4

There are statistical software that can be loaded into MT4/5, but long-term historical cycle data will be more valuable than one day or one month.

I found that people's choice of EA is quite polarized

I would say a balance between the two, I am fine with some DD and don't look for crazy Profits, but as said above, long-term data is king, it is a proof an EA can work itself out of DD and not lose money, and that the strategy is working long-term. Finally was able to find an EA that takes care of those needs.

SteveGodman posted:
I would say a balance between the two, I am fine with some DD and don't look for crazy Profits, but as said above, long-term data is king, it is a proof an EA can work itself out of DD and not lose money, and that the strategy is working long-term. Finally was able to find an EA that takes care of those needs.

Yes, data time will prove a lot of things, which is why I choose to combine the two and prefer the high-profit robot, because it brings enough profits in a long enough time.

With my EA I keep DD under 10%, but I get 3.37% per month. I know that it is not dozen of percent every month, but I can sleep well :) Tading or RoboForex ECN account.
When I check my history I am really glad that I achieved 2 years history without big drawdowns

Petr_Nemec posted:
With my EA I keep DD under 10%, but I get 3.37% per month. I know that it is not dozen of percent every month, but I can sleep well :) Tading or RoboForex ECN account.
When I check my history I am really glad that I achieved 2 years history without big drawdowns

This is an option. I personally think that the low DD is below 30%, the monthly income is about 10%, and the high profit is about 25%. As long as there is no margin call, the risk is sufficient as long as there is long-term data. This is also my own way of matching.

Anyone who would want to try the EA I use?

We have a system like that, but the drawdown on most accounts is higher than 30%, only two so far sub-20%. We also would choose with moderate drawdown, but with current settings and trading pairs sub-20% can be barely achieved, especially when aiming for higher-than-1% profit per week, and volatility.