I’m basically tired of playing with commercial EA systems, and dealing with scams and nonsense. Truth of the matter is, we KNOW there are profitable EA systems out there, but none of us will ever get our hands on them – unless we build them ourselves.
To that end, I’ve been brushing up on my MQL4 programming skills and developed an EA based on a bunch of indicators I like. This baby trades a lot, trades accurately, and works on just about any currency pair, across multiple timeframes. When it misses (and that’s not often), we still trade with the trend, so eventually it comes back into profit.
Essentially its at the point where I can have about 30 charts running trying to trade, although money management will dictate how many exactly. Grinding away on 30 charts in demo shows some interesting results!
It’s not perfect though, so there’s still a lot of work to do on it… but my demo results look good. It still needs some checks and balances and some more testing.
…and there’s no way I’m sharing this.
I guess what I’m trying to say is that the best way of EA trading is to learn how to trade, then learn how to program and do this yourself. Don’t rely on some commercial holy grail to show up. Even if one of them turned out to be amazingly successful, the sheer number of people using it would attract too much broker attention.