Hello how to develop the best robot - page 4

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Enrique Dangeroux #:
The fact that profitable strategies exists wich are impossible to trade manually disproves your statement. 

I understand your point, and I agree that there are strategies which are practically impossible to execute manually due to complexity.

However, my point was about the development process. In my experience, manual trading is the best way to validate whether the underlying market logic of a strategy actually works. Once you understand and trust that logic, it becomes much easier to translate it into code and extends additional features for Your needs.

 
Wojciech Daniel Knoff #:
[M]anual trading is the best way to validate whether the underlying market logic of a strategy actually works.
For novice coders, yes, but expert coders can accurately backtest experimental code rather quickly to determine whether that code is worth trading... or not. We must consider the amount of time required for manual testing.
 
Ryan L Johnson #:
For novice coders, yes, but expert coders can accurately backtest experimental code rather quickly to determine whether that code is worth trading... or not. We must consider the amount of time required for manual testing.

That’s true — experienced developers can prototype and backtest ideas very quickly, and that is definitely an advantage. However, in my view the best approach is to combine both perspectives: first understand the market then use code.

 
Wojciech Daniel Knoff #:

That’s true — experienced developers can prototype and backtest ideas very quickly, and that is definitely an advantage. Combining both approaches works best: first understand the market behaviour, then use code to scale and automate it.

There's always the method that requires nothing clever─browse the web, find a wildly popular and shared manual trading strategy, and then automate it.😂
 
Ryan L Johnson #:
There's always the method that requires nothing clever─browse the web, find a wildly popular and shared manual trading strategy, and then automate it.😂

Sure, that’s always an option.

But a strategy being popular doesn’t necessarily mean it’s robust or profitable. In many cases, by the time something becomes widely shared, the edge is already gone.

That’s exactly why understanding the market behaviour behind a strategy matters :)

 
Wojciech Daniel Knoff #:

Sure, that’s always an option.

But a strategy being popular doesn’t necessarily mean it’s robust or profitable. In many cases, by the time something becomes widely shared, the edge is already gone.

That’s exactly why understanding the market behaviour behind a strategy matters :)

Of course. My laughing emoji was aimed at the creatively impaired.😉
 
Wojciech Daniel Knoff #:

First, trade manually until you are fully convinced your strategy works. Only then try to implement everything in your code. There is no other way to build a profitable trading robot.

Your alo-trading skills improve only when you have a reference.

hahaha...i am a 10+ year XAUUSD trader buddy.... the EA i made was profitable every day the whole week (+2000 pips positive) so can handle major moves as well....this is better than swing trading where you set and forget...here we can litterally set and forget :). now building addon's to the base strategy....
 
Enrique Dangeroux #:
The fact that profitable strategies exists wich are impossible to trade manually disproves your statement. 
so true.....
 
Wojciech Daniel Knoff #:

Sure, that’s always an option.

But a strategy being popular doesn’t necessarily mean it’s robust or profitable. In many cases, by the time something becomes widely shared, the edge is already gone.

That’s exactly why understanding the market behaviour behind a strategy matters :)

i highly doubt the market makers and institutions are worried about MT5 Retail edge....all strategies work until they do not...the best strategies never the less are the ones that are not generally known... :)...
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