Struggling to keep track of my EAs - Does anyone use an indicator to measure success?

Trading Systems Expert Advisors and Automated Trading
1

Hi all

So I’m now running Smart FX, PipJet, NumberOne, and Kangaroo. I’m also rather madly copying some trades from FXJunction using their autocopy facility, but only at 1% of equity (what is it with people who don’t set stop losses), and editing trades with stop losses I feel safe with, and letting traders with a decent win % enter and exit trades so I don’t have to think about it.

Anyway, all this activity is generating quite a lot of data. I was wondering if anyone used an indicator that shows the performance (pips gained, money made) of individual EAs, which I assume can be sifted out by either Magic number or comment from the trades info somehow. The FX Junction reporting is ok, but doesn’t seem to sift the data in the way I’d like.

Any suggestions gratefully recieved. Thanks !

2

Try myfxbook.com

3

I second that.

myfxbook is a great free service to keep track of all your accounts and EA’s :slight_smile:

4

I would also not just track your equity curve and each EAs stats but i would use statistical process management techniques to evaluate the current performance over a given current sample (your real time live trading) and compare that against the historical norms of your system. If they begin to diverge significantly either by t-test or outside x standard deviations of historical norms then you are probably going to have to pull the EA and either retune it or rebuild it or just trash it and start again. Because we have no idea when those profitable conditions will return or how far the market has drifted away from our systems conditions

5

Fxbook definetly!