Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2020.10.01 19:26
Can't Find Any Profitable EA on MQL5 in past 5 years.
Sergey Golubev, 2019.04.14 08:04
I have beed in forex since last century so I better know :) what's scam and how to create profitable EAs from the profitable manual trading system (and I am not a coder):
Sergey Golubev, 2019.04.14 08:26
There are Raw Ideas. It is the ideas about the following: attach indicators to the chart and see that it may be profitable.
There are Elaborated/Proven Ideas. It is when someone was trading this indicators' setup during the several days/or weeks/or months on demo account (and, in some cases - on real live account). I am not talking abouty backtesting. Raw idea became to be a Elaborated Idea by trading (at least - on demo).Why to trade? To define the trading rules, and to know: when the system will let you win, and when you will lose by using this system (and why).
I scan actual charts on reversal candlesticks pattern and automated it.
Look on back testing chart and look for candlestick patter that should make the trade exit better or enter better and repeat.
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