I’m new at this forum, but I has been trading for more than 3 years right now. Sorry if my english is not too fluent. I’m here to ask for advice because I have a profitable EA and I want to know if something is slipping away from me. I would be very grateful if I can get your help.
I’m not here to told what is the strategy because I don’t want to sell it or get investors, only for advice.
What I can say, is that the EA doesn’t use external indicators, only price action. Is very reliable and is not going to change much over the years.
I started with the idea trading in a simulator and then I hire a programmer to automate it. I’m using 99% quality data. I have tested it with variable and fixed spread and it works very well with both. Of course if the spread is lower, it works better. Considering commissions and swaps it remains profitable. It uses a very low risk per trade, that’s why too much trades. The EA is 94,6% profitable.
These images are from a 2 years test, I started with $5,000 USD and turned them into $480.000 (without comissions), considering comissions is aproximatly the half, around $250.000. I have tested it with 5 years data at least and is the same profit year after year, with almost no Drawdown (less than 10% in almost all simulations). I don’t share the images of 5 years because I don’t have them right now. I know I have to test in 10 years or more but I didn’t think is going to change too much the profit per year. I have tested it with different data from Dukascopy, TrueFX, MT4 and other brokers, the first two only with 99% quality.
Right now I’m testing on demo account and is working properly.
Anything that you could contribute will be welcomed, thanks you!