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Change of tactic....
Ahli sejak Sep 27, 2011
22 hantaran
Oct 06, 2011 at 20:07
(disunting Oct 06, 2011 at 20:32)
Ahli sejak Sep 27, 2011
22 hantaran
Hi all,
Some of you whom have been watching my account may be wondering why it has started to founder - the reason for this is that my Sell EA script doesn't handle market direction change too well. Due to this I stopped it and have put on a new EA that I have been working on that is not so profitable but is more durable when the market changes direction as it does. It is a sell script as well but I have also written a buy script the uses the same trading method.
Both EAs require optimization which I do every 24 hours. The one that has the best results gets run on the currency pair.
Today I am trying the buy script against the AUDUSD as it performed better than the sell. As I said I do not expect the performance off these EAs' to match my last one At least I will be able to sleep at night!
I have read on this forum that "it is a marathon not a sprint" and I believe this to be true. That is how I will run the race from now on. I also believe that if I had of kept going with my old EA I would be in trouble right now because of the market direction change (or breakout who knows?) for the AUDUSD pair.
All the best and happy trading,
Martin
Some of you whom have been watching my account may be wondering why it has started to founder - the reason for this is that my Sell EA script doesn't handle market direction change too well. Due to this I stopped it and have put on a new EA that I have been working on that is not so profitable but is more durable when the market changes direction as it does. It is a sell script as well but I have also written a buy script the uses the same trading method.
Both EAs require optimization which I do every 24 hours. The one that has the best results gets run on the currency pair.
Today I am trying the buy script against the AUDUSD as it performed better than the sell. As I said I do not expect the performance off these EAs' to match my last one At least I will be able to sleep at night!
I have read on this forum that "it is a marathon not a sprint" and I believe this to be true. That is how I will run the race from now on. I also believe that if I had of kept going with my old EA I would be in trouble right now because of the market direction change (or breakout who knows?) for the AUDUSD pair.
All the best and happy trading,
Martin
Who dares wins

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