Where Can I Find Answers to Several IN Depth Questions

My Friend & Neighborwith many years of trading experience has extensively back tested a number ofEAs with none being profitable in anything other than short term.
The Robots he has testedinclude: FAPTURBO, MEGADROID, LEO TRADER, WALL STREET, & FOREX INCOMEENGINE 2 ( only IGNITER SYSTEM sofar) USING THE VISUAL TRADER STUDIO PROEDITION TO CREATE THIS EA.
NONE OF THESE ARE MAKINGMONEY
I HAVE NUMEROUSQUESTIONS. COULD YOU POINT ME IN THE RIGHT DIRECTION AS TO WHERE TO SEEKANSWERS FOR EACH?
QUESTIONS:

  1. ARE THERE ANY FORUMSTHAT HAVE ADDRESSED THE EFFICACY OF
    EACH OF THESE EAs? WHATABOUT ADDRESSING WHERE THE EA IS
    EFFECTIVE & WHERE ITIS NOT EFFECTIVE?
  2. LEO TRADER ISSUPPOSED TO BE DEVELOPED USING NEURAL NETS.
    BY DEFINITION, THISMEANS IT IS SUPPOSED TO LEARN FROM
    MISTAKES & PASTPERFORMANCE. BACK TESTING HAS NOT
    SUPPORTED THIS. BUT THENAGAIN, ARE THERE SPECIAL
    CONSIDERATIONS REQUIREDFOR THIS TYPE OF EA?
  3. ARE THERE ANYINDICATORS OR AVAILABLE SCRIPTS OR EVEN MQL
    CODE THAT CAN BE USED TODETERMINE WHEN THE MARKET IS
    MOVING SIDEWAYS?
  4. ARE THERE ANYINDICATORS OR AVAILABLE SCRIPTS OR EVEN MQL
    CODE THAT CAN BE USED TODETERMINE WHEN THE MARKET IS
    FLUCTUATING SO MUCH THATYOU SHOULD JUST STAND ASIDE?
    ( i.e. where many candles have very long wicks )
  5. HAS ANYONE POSTED ANYMQL CODE DEVELOPED USING THE
    VISUAL TRADER STUDIOTHAT COULD BE USEFUL TO OTHERS? IF
    SO, WHERE?
    THANK YOU SO MUCH FORANY AID THAT YOU CAN OFFER.
    SINCERELY,

CHARLES RUZIC

I think the best so far is called EYEZ.

Trade what you see.

In my own opinion EA’s are just another way to sucker you out of your money. I agree with Nikitafx. Trade what you see. Learn price action.

I agree with Nikita and Joe.

And turn off the CAPS LOCK on your keyboard.

I don’t believe in using an EA unless you understand exactly how it is trading…which of course rules out most of the commercial EAs out there. If you don’t know how it works, how will you know when it stops working?

It’s pretty predictable. Somebody asks anything about EAs, only to get nothing but anti-EA replies.

I’m juss sayin’ :wink:

To be slightly helpful, there is a section on this forum for EAs. You might wanna have a look there.

And, yeah, CAPS LOCK hard to read.

And Times New Roman sucks. Worst font ever!

I think you may be being a bit harsh there RainMan. Surely you’re not suggesting Times New Roman is better than MingLiU_HKSCS-ExtB. Now that’s a bad font !