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

May 29 at 05:39
146 Views
6 Replies
Member Since Mar 25, 2022   18 posts
May 29 at 05:39
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?
Member Since Jun 05, 2024   6 posts
Jun 05 at 13:02
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
Member Since Mar 25, 2022   18 posts
Jun 06 at 01:31
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.
Member Since Jun 05, 2024   6 posts
Jun 10 at 13:06
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
Member Since Mar 25, 2022   18 posts
Jun 11 at 02:30
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.
Member Since May 24, 2024   3 posts
Jun 12 at 17:05
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
Steady Growth
Member Since Mar 25, 2022   18 posts
Jun 14 at 03:52
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.
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.