Wednesday, October 29, 2008

My First Succeed EA


Date tested : From 2008.05.01 to 2008.10.30 (6 months)
Symbol : EURUSD
Period : 1H
Initial : usd 100
Total Net Profit : usd 4606 (4600% by using compounding technique, equal to the initial usd1000 will generate usd 46,000)
EA Trade time : 24 hours a day and 5 days per week
Method : xxx
Accuracy : 87.50%

EA vs manual trade

Every system has it own rules to enter position (BUY or SELL) and to exit opened position.
Some of the advantages of using EA are as follows :
1 - The EA (program) won't forget once the instruction set into it.
2 - The program won't interfered by emotion.
3 - The program will open position on exact conditions.
4 - The accuracy of the system could be tested.

I assume that the market big timeframe only have two situations, Sideways and Trending. The good system will profit on good market movement and could pass or at least minimize loss on bad situation of market. And the system also must has lower risk of -ve floating.
That's why i believe that this EA will profit on long term.

p/s why i love to create ea? because i can test the strategy... and i have a vision to know the system will succeed or not in manual trade... no need to loss to get a lesson. It wasting time and money
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Project status : SUCCEED !!!
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