best way to find is my best performing EA
Oct 29, 2020 at 10:41
1,361 Views
15 Replies
Biedrs kopš
7 ieraksti
Oct 29, 2020 at 10:41
Hello,
I have a number of EA's running on several charts on a demo account. I wanted to know what is the best way to find out which robot is the best performing not most profit?
Thanks
Ross
I have a number of EA's running on several charts on a demo account. I wanted to know what is the best way to find out which robot is the best performing not most profit?
Thanks
Ross
Biedrs kopš
21 ieraksti
Dec 02, 2020 at 09:06
Statistics will be your best assistant. Analyze the number of profitable positions and those moments when it does not help you to make a profit. And try to be as critical as possible. This is your future.
Centrillador
Biedrs kopš
19 ieraksti
Dec 10, 2020 at 09:17
The one that is giving the best results is obviously the best one.
Biedrs kopš
12 ieraksti
Dec 15, 2020 at 10:01
Isn't profit the best quality indicator?
Use what brings you the money you want.
Use what brings you the money you want.
Biedrs kopš
17 ieraksti
Dec 23, 2020 at 09:54
Just remember that any robot/strategy/system has a specific shelf life and application conditions.
So don't trust it blindly.
Check everything.
And change it as soon as it stops giving you what you need.
So don't trust it blindly.
Check everything.
And change it as soon as it stops giving you what you need.
Biedrs kopš
19 ieraksti
Jan 06, 2021 at 09:10
I like the system but I’m not completely sure about this. It will be better if you share more about this, thank you.
Biedrs kopš
21 ieraksti
Jan 06, 2021 at 10:06
rosscortb posted:
Hello,
I have a number of EA's running on several charts on a demo account. I wanted to know what is the best way to find out which robot is the best performing not most profit?
Thanks
Ross
You can insert a comment for every EA so in the platform mt4 u can search the comment and see all his trades, is very usefull if you have more than one EA running in one account
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Biedrs kopš
78 ieraksti
Jan 06, 2021 at 11:43
This method is really effective and makes sense.
Biedrs kopš
121 ieraksti
Jan 08, 2021 at 10:41
Of course, you would want the EA that will give you the biggest profit in the long run. Though, it might be best to have multiple EAs to diversify. I will always go for consistency rather than getting big profits here and there.
Trading is a marathon, not a sprint.
Biedrs kopš
238 ieraksti
Jan 11, 2021 at 05:48
if anyone can explain detail that will be great
Biedrs kopš
15 ieraksti
Feb 26, 2021 at 03:58
You can test them out first on a demo for a better idea. When you’re done with the testing, you can move ahead with them.
Biedrs kopš
759 ieraksti
Feb 26, 2021 at 05:02
epeepillock posted:Traders can also use back test software to find the effectiveness of EA.
You can test them out first on a demo for a better idea. When you’re done with the testing, you can move ahead with them.
Biedrs kopš
759 ieraksti
Jan 11, 2022 at 22:48
Do not use EA for your trading. It will blow your account balance. Just trade manually buddy.
Biedrs kopš
869 ieraksti
Jan 29, 2022 at 21:21
I've been using Forex EA for 5 years and I'm making regular profits.
Biedrs kopš
119 ieraksti
Mar 04, 2022 at 09:27
EA is automated trading software that requires no human control. Generally an EA works on the basis of technical tools. I never support EA trading because I saw that an EA fails to give a better outcome in the long run. Besides it ends up crashing you balance after a certain time.
Biedrs kopš
219 ieraksti
Mar 05, 2022 at 04:32
Personally, I dislike EA trading the most because such automated trading software fail after a certain age. Besides so, you know that the market moves fundamentally but the EAs work on technical tools. So, here lays another issue to think of. EA trading doesn’t refer to any professionalism.
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