What is your criteria of a profitable EA?

Aug 11, 2010 at 23:48
949Lượt xem
12 Replies
Tham gia từ Jul 20, 2010   7bài viết
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
Tham gia từ Mar 04, 2010   423bài viết
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
Tham gia từ Apr 18, 2017   920bài viết
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
Tham gia từ May 23, 2017   40bài viết
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.
Tham gia từ Aug 27, 2017   994bài viết
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.
Tham gia từ Mar 21, 2018   13bài viết
Mar 21, 2018 at 10:49
even with great backttest you still need to forward test
challenger
forex_trader_202857
Tham gia từ Aug 07, 2014   129bài viết
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
Tham gia từ Sep 11, 2017   124bài viết
Mar 22, 2018 at 08:58
I prefer to look on drawdown only.
Tham gia từ Mar 07, 2018   13bài viết
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
Tham gia từ Sep 11, 2017   124bài viết
Mar 27, 2018 at 06:36
But most trader like to take high risk setting because very limited deposit.
Tham gia từ Mar 27, 2018   13bài viết
Mar 27, 2018 at 13:40
My criteria - Buy low + Sell high!
Tham gia từ Apr 18, 2017   718bài viết
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
Tham gia từ Sep 11, 2017   124bài viết
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
Đăng nhập / Đăng ký to comment
You must be connected to Myfxbook in order to leave a comment
*Nghiêm cấm sử dụng cho mục đích thương mại và spam, nếu vi phạm có thể dẫn đến việc chấm dứt tài khoản.
Mẹo: Đăng ảnh/url youtube sẽ tự động được nhúng vào bài viết của bạn!
Mẹo: Dùng @ để tự động điền tên người dùng tham gia vào cuộc thảo luận này.