Sorry, the maths doesn’t support your claims. It’s huge SL is a testament to it’s failure.
Ok perhaps i need to be a little for selective. Right, in forex “great” is used even if the profit/trades arent that much in profit but making a profit, becasue you are not doing anything anf letting it do the work - so if its making little profit its still great. But however, I have to say the settings i am using are in profit but its not a good EA compared to other ones out there. Your right about the S/L but with proper settings you can be in profit. But i’m not a big fan of fapturbo as sometimes it goes crazy and makes a big loss and a lot of small profitable trades.
As stated, my fapturbo is in profit but it took some time and it kept making big losing trades. I ust let it run in the background and even though its not making me big money, however its in profit.
I prefer my EAs. they are consistent and have been backtested. I also trade manaually as I started off manually.
Best EA is yourself. The human brain is amazing.
Well, most are.
The best EA may be the human brain, but that is restricted to those expert in the forex field and those who know and control their emotions. Many in the city of London are quite young as they burn out with the stress and hours involved.
So a few good EAs that manage risk-return in a sensible fashion developed by people who really know the forex markets are worth their weight in gold. They do exist and are generally a few dollars more (though not always) than most on offer.
what do you think about zeusfx ? it looks good
this ea is good edu.tested does not trade too much
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Hello,
In my opinion the best EA is made by yourself I will share with you with my choice of backtesting and optimizing EA.
First step is to get 10 years data for currency for example from dukascopy or fxdd install it on your MT4.
If you have ea with multiple indicators and settings you can optimize them, the key to not overoptimize it is doing the optimization from 2000-2008 and than checking how best settings from optimization is working in 2008-2011 if results in past 2 years are still very good you could say you have a good EA. This is not all, to have a perfect EA you will need to do at least 6 months forward test on live account microlots and if it still works you could say " I’ve done a very good job" otherwise come back to first step. The best way is using vps for forward tests to use multiple EA’s.
I hope this is a very valuable information to have it works for me. I did milion tests of EA and few of them became diamonds and are working now and will be working in future.
Theres no best EA, each of them has their own flaws.
I’m currently own KangarooEA which the AUDUSD only has earn me a quite great amount. Although i dislike the EURUSD…
Any good hedging or scalper EA’s out there?
Is it working?
apologies if on wrong thread but can anyone tell me where to go to get factual straight up analysis of robots and live results. I seem to be getting nowhere and dont trust these amazing results that I have seen. I know professional fundmanagers that would pull teeth to get 20%-40% a year. 1000%…is that possible, as claimed by some sellers? are they not regulated?