Pity one can’t put it into trading.
[QUOTE=“bravehoststamps;503130”]
Pity one can’t put it into trading.[/QUOTE]
Heh… Again have fun with your friends EA that doesn’t work from 2003-2007.
Cya!
Wishing you much luck in finding one that will provide for you for life.
[QUOTE=“bravehoststamps;503132”]
Wishing you much luck in finding one that will provide for you for life.[/QUOTE]
Nobody serious about trading quests after an EA to trade for them but thank you!
[B]@bravehoststamps[/B]
Don’t listen to any of the words he is saying. He has this habit of putting his nose even when he has nothing good to share. I know this because He is the same guy who told me in other topic that I should quit Forex trading and I don’t have the personality and attitude which are required for a trader. But here I am gradually becoming good with each passing day. Its better to just ignore what he says. There are some people who think that only they know everything and apart from them everything in this world is stupid. But, gladly the majority is not like this.
Welcome back to this thread after you find a way to download the 2003-2007 tick data through Tickstory.
[QUOTE=“bravehoststamps;503137”]
Welcome back to this thread after you find a way to download the 2003-2007 tick data through Tickstory.[/QUOTE]
I can provide you tick data for 2003-2007 if you want
[QUOTE=“kashif314;503136”]@bravehoststamps
Don’t listen to any of the words he is saying. He has this habit of putting his nose even when he has nothing good to share. I know this because He is the same guy who told me in other topic that I should quit Forex trading and I don’t have the personality and attitude which are required for a trader. But here I am gradually becoming good with each passing day. Its better to just ignore what he says. There are some people who think that only they know everything and apart from them everything in this world is stupid. But, gladly the majority is not like this.[/QUOTE]
How much profit have you made Kashif over the last few weeks on a live account?
Converted for MT4? That’s what Tickstory does besides downloading. Question is whether my friend will be interested enough to dedicate his time to it. Like any other sane trader, he doesn’t seek to create a profitable bot for the years that have long passed but for the existing market rather.
[QUOTE=“bravehoststamps;503140”]
Converted for MT4? That’s what Tickstory does besides downloading. Question is whether my friend will be interested enough to dedicate his time to it. Like any other sane trader, he doesn’t seek to create a profitable bot for the years that have long passed but for the existing market rather.[/QUOTE]
I have it available… The only stipulation is you have to post the backtest results on this thread.
[QUOTE=“bravehoststamps;503140”] Like any other sane trader, he doesn’t seek to create a profitable bot for the years that have long passed but for the existing market rather.[/QUOTE]
This proves my post that I mentioned earlier to be correct… EAs are meant to supplement a trader… They require constant maintenance and upgrading to keep them up to date.
In all honesty, I couldn’t care less about your stipulations.
Some require it frequently, some rather seldomly. No EA will feed you for life. Yet there are EAs that will do well for quite a few years without intervention.
Did you went to live account after demo trading for two and half months only? I am doing pretty good on demo now and I can imagine your sad face at the moment lol.
[QUOTE=“kashif314;503149”]
Did you went to live account after demo trading for two and half months only? I am doing pretty good on demo now and I can imagine your sad face at the moment lol.[/QUOTE]
Lol… Okay. Well let me know when you’ve live traded i hope for you that it goes as well as your demo trading
[QUOTE=“bravehoststamps;503146”]
Some require it frequently, some rather seldomly. No EA will feed you for life. Yet there are EAs that will do well for quite a few years without intervention.[/QUOTE]
The question is… How are you going to know when the market changes and the EA needs to be tweaked? After 10% of your account is gone? … 20%??
Ignore this kid. He’s only been here for roughly 2 months and has already spammed over 1000 posts with almost no context. He’s the kind of guy who has nothing better to do with his real life, only to come here to seek attention. - And to think that I spent too much time on here.
There are quantitative methods to try to determine the levels (Monte Carlo simulations of maximal drawdown over “x” iterations comes to mind). But it still comes down to one’s experience. That’s why I say someone who can’t trade profitably by hand shouldn’t engage in automated trading.
[QUOTE=“ClarkFX;503159”]
There are quantitative methods to try to determine the levels (Monte Carlo simulations of maximal drawdown over “x” iterations comes to mind). But it still comes down to one’s experience. That’s why I say someone who can’t trade profitably by hand shouldn’t engage in automated trading.[/QUOTE]
Exactly Clark… EAs are a supplement to a trader who is already profitable and experienced… They are a tool… Not a stand alone… As such they should be limited in use to those who created them.
[QUOTE=“ClarkFX;503158”]
Ignore this kid. He’s only been here for roughly 2 months and has already spammed over 1000 posts with almost no context. [/QUOTE]
Coming from the guy who has admitted he won’t share anything he has done to the public… Talk about context…
[QUOTE=“ClarkFX;502879”]
It was just an example.
Like I said, I don’t disclose anything specific that I do to the public. Sorry.
[/QUOTE]
People don’t like being brought down to reality… Kashif doesn’t want to hear about the odds stacked against him… Apparently the OP doesn’t want to hear about how the market structure shifts throughout time and the effects that has on EAs… And Clark, I’m assuming that you don’t want to hear that EAs are largely a ginormous time dump trying to model and backtest.
The market moves based on news and information flow as an input, not price. The types of EAs that can successfully perform using only price as an input are used by BIG institutions aiming for fractions of a pip and whose execution speed is faster then anything you can ever dream of from MT4. They require constant maintenance and updating to keep up with the market and are beyond anything a single retail trader can successfully develop and utilize for a long period of time.
I know it’s fun to tinker with EAs and coding… Makes you feel like you are this sophisticated whiz… In reality it is just honing your coding skills more then honing a profitable trading system. Can EAs be helpful? Sure. Can they be a stand alone product that allows you to just sit back and reap in profits… Absolutely not. You may make one that can be profitable for a few years… Which may seem like a long time while you are experiencing it, but it will eventually fail. If you aren’t on top of it to make changes you are screwed.
Learn to trade. Forget EAs… To those who disagree, wait a few years… Once you have spent hundreds if not thousands of hours of backtesting EAs that eventually hit a period where they simply do not work, and trying to think of new ideas to base EAs off of, you’ll come to the same conclusion.