I started searching ,testing, tweaking and editing EA from last year ....
It does not wonder me that why EA dont work ..it does not wonder me why they dont produce profit consistently ...
But The One That wonders me is this ....how they produce loss so perfectly while traders work hard to code it to make profits ...
I dont mind if they break even or end at minor loss..But making consistent losses
what the hell is that ???
When EA can make such good loss consistenly than why not profit ...
May be problem lies in programming ....or programming capabiltyies of sofware.??
In one of EA I reversed buy/sell criteria but result ..same loss why ??
should not it produce profit ? when reversed cos earlier it was producing loss...
Some EA coder has made EA which opp. trade of MA crossover ....
That did produce some result better ..but still not good enough..........
I got interest in EA more by negetive trades than the term robot or auto trade or mint money while you sleep ...
It has made me think ...what is there in EA ...which makes it possible to loss consistently ...I have test such EA's which produce 80-90% loss trades
Unfortunately I am not programmer ....I dont know coding..
I want to make possible to make EA which produces 80% winning ..by studing and edting , tweaking Loss making EA ...
I wanna replicate performance of loosing EA ...but in reversed trades...
But How to do it .... I have no idea...we need to find why EA loosing consistently ...what makes it loose ...
As of Now No EA Works ...I have gone though many many forums discussing EA..They produce minimal profits...or heavy loss
People say that no good EA will work in future ...as market condition changes ..Really?... I dont think so ..is there any thing new in market or in any market?
Read Jesse Livermore book ? His technics still applies to all the markets in the world.... Why do they work? who knows why ..but one thing is sure that market dont change much ...All pivots ,high ,low ,trend , choppy .etc etc are there in every market and are all same ...no difference technical point view..
Coming Back to EA ...If EA can shows consistency in loosing than why NOT in winning.............why ?????
There must be something more .....
Which we Dont Know or we ignore ..
There many questions ...but for now this enough
Let see how many are interested in making good EA or Tweaking it or giving Ideas...
Please pour your Idea and thinking.....Into this thread ...
If any EA writer is here to Help and give Info it will be highly appreciated
Just Now I am Back tested one EA....it has given whopping 83% loosing trade and 16% wining ....it took 61 trades....with sl 60 tp 190.....
now when I reduce tp thinking it boost profit and reduce loss trades
What it did....it increased the loss while it did increased wining %..
it took 112 trade...5k of loss and 2.6k of profit ...net 2.3k loss..
It does not wonder me that why EA dont work ..it does not wonder me why they dont produce profit consistently ...
But The One That wonders me is this ....how they produce loss so perfectly while traders work hard to code it to make profits ...
I dont mind if they break even or end at minor loss..But making consistent losses
what the hell is that ???
When EA can make such good loss consistenly than why not profit ...
May be problem lies in programming ....or programming capabiltyies of sofware.??
In one of EA I reversed buy/sell criteria but result ..same loss why ??
should not it produce profit ? when reversed cos earlier it was producing loss...
Some EA coder has made EA which opp. trade of MA crossover ....
That did produce some result better ..but still not good enough..........
I got interest in EA more by negetive trades than the term robot or auto trade or mint money while you sleep ...
It has made me think ...what is there in EA ...which makes it possible to loss consistently ...I have test such EA's which produce 80-90% loss trades
Unfortunately I am not programmer ....I dont know coding..
I want to make possible to make EA which produces 80% winning ..by studing and edting , tweaking Loss making EA ...
I wanna replicate performance of loosing EA ...but in reversed trades...
But How to do it .... I have no idea...we need to find why EA loosing consistently ...what makes it loose ...
As of Now No EA Works ...I have gone though many many forums discussing EA..They produce minimal profits...or heavy loss
People say that no good EA will work in future ...as market condition changes ..Really?... I dont think so ..is there any thing new in market or in any market?
Read Jesse Livermore book ? His technics still applies to all the markets in the world.... Why do they work? who knows why ..but one thing is sure that market dont change much ...All pivots ,high ,low ,trend , choppy .etc etc are there in every market and are all same ...no difference technical point view..
Coming Back to EA ...If EA can shows consistency in loosing than why NOT in winning.............why ?????
There must be something more .....
Which we Dont Know or we ignore ..
There many questions ...but for now this enough
Let see how many are interested in making good EA or Tweaking it or giving Ideas...
Please pour your Idea and thinking.....Into this thread ...
If any EA writer is here to Help and give Info it will be highly appreciated
Just Now I am Back tested one EA....it has given whopping 83% loosing trade and 16% wining ....it took 61 trades....with sl 60 tp 190.....
now when I reduce tp thinking it boost profit and reduce loss trades
What it did....it increased the loss while it did increased wining %..
it took 112 trade...5k of loss and 2.6k of profit ...net 2.3k loss..