What is your criteria of a profitable EA?

Aug 11, 2010 at 23:48
1,223流覽
12 Replies
會員從Jul 20, 2010開始   7帖子
Aug 11, 2010 at 23:48
Hi all, share your thoughts here on the criteria of a profitable EA. Do you used DD, PF or profit trades (%) ?
pip2cash
forex_trader_8139
會員從Mar 04, 2010開始   411帖子
Aug 12, 2010 at 03:58
profit low or high does not matter too much. Most important is able to generate profit every month over long term. For normal trading day, DD must below 10%, if some eco crisis suddenly happen then the EA should have DD of max 50%.

This is what i can accept as good and profitable EA.

SIM
會員從Apr 18, 2017開始   700帖子
Mar 14, 2018 at 12:09
Unfortunately, I have never seen any profitable EA for a long run; I see all of pro traders trade manually.
uplinktrading
forex_trader_432070
會員從May 23, 2017開始   37帖子
Mar 14, 2018 at 13:58
Whatever you test for, please use 99.9% Modelling Quality. I've seen a lot of guys praising an EA but when you look at the results they are testing with 25% Modelling Quality or worse.
會員從Aug 27, 2017開始   875帖子
Mar 21, 2018 at 10:44
AniLorak posted:
Unfortunately, I have never seen any profitable EA for a long run; I see all of pro traders trade manually.


Yes, the ratio is very low; but I know a good trader with trading EA’s! Basically, he is a EA developer.
keeping patience.......
會員從Mar 21, 2018開始   13帖子
Mar 21, 2018 at 10:49
even with great backttest you still need to forward test
challenger
forex_trader_202857
會員從Aug 07, 2014開始   129帖子
Mar 21, 2018 at 11:51
stability is the first and most important fact for an acceptable EA.
Risk reward: its must be 1:1.2 at least for each position ( if lot sizes calculation is whole account: lot size * 700Pips on EURUSD)
backtest is just a key for start forward test. no more, never trust any Backtests.
it Must use Multi Close to Close all open positions in a specific risk level , to secure funds from market tick shadows and High frequencies.
nasrul_poyo
forex_trader_458816
會員從Sep 11, 2017開始   117帖子
Mar 22, 2018 at 08:58
I prefer to look on drawdown only.
會員從Mar 07, 2018開始   12帖子
Mar 23, 2018 at 13:07
drawdown is very important. A lot of traders hide bad results by keeping trades open in a big drawdown
nasrul_poyo
forex_trader_458816
會員從Sep 11, 2017開始   117帖子
Mar 27, 2018 at 06:36
But most trader like to take high risk setting because very limited deposit.
會員從Mar 27, 2018開始   12帖子
Mar 27, 2018 at 13:40
My criteria - Buy low + Sell high!
會員從Apr 18, 2017開始   659帖子
Mar 28, 2018 at 06:11
Wingandprayer posted:
My criteria - Buy low + Sell high!

So, how you determine low and high level?
nasrul_poyo
forex_trader_458816
會員從Sep 11, 2017開始   117帖子
Mar 28, 2018 at 06:20
Buying when currency are cheap and selling when they are at their most expensive point is the desire of every trader. Knowing these points, however, is closer to gambling than most of them would like to admit
登錄 / 註冊 to comment
You must be connected to Myfxbook in order to leave a comment
*商業用途和垃圾郵件將不被容忍,並可能導致帳戶終止。
提示:發佈圖片/YouTube網址會自動嵌入到您的帖子中!
提示:鍵入@符號,自動完成參與此討論的用戶名。