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EA that actually works

Mohammed (Mammad78)
Nov 18 2014 at 13:57
posts 30
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

Mohammed (Mammad78)
Nov 23 2014 at 08:47
posts 30
last week was a good profitable week.

Mammad

Rihan
RSTrading
Nov 23 2014 at 16:34
posts 385
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..

jotekfinance
Nov 24 2014 at 07:41
posts 138
Mohammed (Mammad78)
Nov 25 2014 at 08:07
posts 30
Rihan, it is a 4 moths history but years of effort to get this EA.

5astelija
Nov 25 2014 at 08:53
posts 54
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?

vontogr (togr)
Nov 25 2014 at 15:04
posts 4862
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

Mohammed (Mammad78)
Nov 26 2014 at 09:46
posts 30
5astelija, it a trend following ea with 4.33%DD and 20+% monhly profit.

Mohammed (Mammad78)
Nov 26 2014 at 09:46
posts 30
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.

vontogr (togr)
Nov 26 2014 at 14:04
posts 4862
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

5astelija
Nov 26 2014 at 14:49
posts 54
Where did you get that DD percent? In your backtest there's 30% drawdown.

pramodwick
Nov 26 2014 at 16:58
posts 41
Mohammed (Mammad78)
Nov 26 2014 at 17:10
posts 30
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.

Mohammed (Mammad78)
Nov 26 2014 at 17:10
posts 30
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

Matt (BluePanther)
Nov 28 2014 at 10:39
posts 1355
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.

5astelija
Nov 28 2014 at 12:18
posts 54
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 ;)

Mohammed (Mammad78)
Nov 28 2014 at 14:20
posts 30
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.

Mohammed (Mammad78)
Nov 28 2014 at 14:24
posts 30
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.

VIR ecosystem (marekk)
Dec 02 2014 at 16:37
posts 20
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
vontogr (togr)
Dec 02 2014 at 17:24
posts 4862
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

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