Struggling with EA Development – Am I Missing Something?
In your backtest, it worked on 1 symbol only.
The profit factor is good enough in my opinion, but surely not the amount of trades. 35 trades in more than 5 years of backtesting is surely a too low number to make statistic consideration (in my personal opinion). I don't know if you worked with high timeframes (like H4 or above), or if the amount of trades is just the consequence of a lot of filters you put to try increase the profitability.
If I'm in your position, I will consider to disable one by one filters you added to the strategy (if any), and try to see which is the one who restrict too much compared to the improovement of the profitability.
For example. instead of a strategy with profit factor 1.8 that take 35 trades, i will prefer a strategy taking 200 trades with a profit factor of 1.5.
You may also consider to test on multiple symbols, if you can keep that profit factor among at least 8-10 pairs, the statistical edge should be more solid.
lots of eas and strategies are best for specific symbols. I wouldnt be concerned about your strategy not working on other pairs.
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Hey everyone,
I’ve spent the last 8 months trying to build a profitable Expert Advisor (EA), and honestly, I’m starting to lose hope. I’ve developed multiple EAs during this time - some showed great results on a single pair, but as soon as I tested them on other pairs (even after optimization), they failed miserably.
My most recent EA uses Order Blocks, and while it’s been stable across different pairs, the returns are… underwhelming. Over 5.5 years of back testing, it only made around $1000 (10% total). Running it on multiple pairs might help, but even then, the profit seems too low to justify going live.
My questions for you:
Is this normal for Order Block-based strategies, or am I doing something wrong?
How do you improve an EA’s profitability without sacrificing stability?
Should I keep refining this approach, or is it time to explore a completely different strategy?
Any advice, critiques, or personal experiences would be hugely appreciated. Thanks in advance!