Learn how to code your own ideas on Ea and one day you will be profitable.

Oct 11, 2020 at 16:17
Vues 826
12 Replies
Membre depuis Jan 04, 2018   posts 21
Oct 11, 2020 at 16:17
I started trading on Forex 7 years ago.
At the same time i started learning how to code Expert Advisors.
Every strategy that i made , failed.

It took me 6 years to write an EA that actual works.
I had to write 22.154 strategies to find the right one.
I made more than 500.000 backtests to find the right pairs.

So this is my advise.
Learn how to code your own ideas on Ea and one day you will be profitable.


The advantage of automatic trading vs manual trading is the backtest.
With manual trading you have to wait 1-2-3 months to see if it works.(and you ll never be sure)
With automatic trading you have to wait 1-2-3 minutes you can be SURE if it works
So time is money.. Invest your time wisely

My steps over these years was these...

2013
(https://www.fxcm.com)
(https://www.mjtnet.com)
I started trading on FXCM Trading Station 2 platform.
I then used Macro Scheduler Desktop Automation, which has a function for Screen Recognition,
to automate my first ideas.I had to run 20 virtual windows using vmware on 6 PC so i can reduce the time for testing.

2017
(https://fxcodebase.com)
4 Years later, and after thousands of fails , i found this site which made the fxcm platform and they have sections with
hundreds of strategies.So i downloaded the some simple ones and i started experiment with the code , to understand how it works.
This way i learned the .lua programming language.

2018 and ESMA
(https://www.mql5.com/)
After the decision of EU and ESMA, i had to open account to australia or something similar , so i could use the 1:400 leverage.
At the same time i had to learn .mql for MetaTrader 4, and recreate my .lua projects to .mql

2019
(https://forextester.com/)
I had finally made 1 strategy that was working. So to make my strategy more efficient i should add more pairs.
But either FXCM or MT4 could backtest several pairs under the same account balance at once.
So i found this app ( ForexTester 4 ) that can do it.And that was my last language i learned.Delphi


I hope that my links will help someone to start coding his own EA.
 Invest your time wisely

do what you love
Membre depuis Aug 26, 2020   posts 7
Nov 10, 2020 at 10:01
@giannis

I am at the early stages of writing one. Taken a course on the basics of writing one based on just opening trades outside of bollinger bands.
Thanks for the links
Membre depuis Jul 03, 2019   posts 10
Nov 10, 2020 at 11:30
Thanks for sharing your experience. I hope that I to can get an EA that works one day
Membre depuis Jul 27, 2020   posts 81
Nov 10, 2020 at 12:22
Really thanks for sharing such information, it will be very useful
Membre depuis Jul 23, 2020   posts 869
Nov 13, 2020 at 17:26
I prefer manual trading. However, I will try to start coding my own EA. Thanks to you.
Membre depuis May 10, 2018   posts 90
Nov 13, 2020 at 18:01
I've had a very similar experience. Happy coding @giannis
Membre depuis Jul 20, 2020   posts 232
Nov 13, 2020 at 19:52
Learning is a continues process for any trader. He should learn as much as he can to become successful in the forex market.
Membre depuis Aug 02, 2020   posts 9
Dec 17, 2020 at 12:31
Well, this is really interesting. But there are traders who prefer to make their own decisions every time.
Membre depuis Apr 01, 2020   posts 231
Dec 18, 2020 at 02:24
Great! Thanks for sharing your experience. Can I ask every EA can give us a good profit in Forex?
Membre depuis Nov 08, 2019   posts 21
Dec 19, 2020 at 13:37
It seems to me that in order to learn this you need a lot of experience in the market.
You have to have a clear understanding of all the mechanisms and peculiarities of what is going on.
Membre depuis Jul 23, 2020   posts 759
Dec 20, 2020 at 21:21
Quite nice trading journey. In my opinion building EA with own trading strategy is better than commercial EA.
Membre depuis Sep 15, 2020   posts 20
Dec 29, 2020 at 14:33
I agree with you. Backtesting and optimization is statistical evidence of your trading strategy.
I never trust a trading strategy, especially a manual trading strategy, until it proved working and profitable.
It only can achieve by backtesting or trade on a live account and analyze the trade history.
Membre depuis Dec 24, 2020   posts 16
Feb 24, 2021 at 05:26
I think it is essential that people learn to code their own EAs. This will be for their own good and they can create custom EAs as per their preferences.
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