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Piplet
Good progress you have made. I use FX Generator for my programming, very user friendly and simple to use.
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Bullish
Well, glad to see the results. Anyway, the best EA is not matter how much profit you can get. However, number of pips catch is more important. For example, if you open a big lot of course you can secure big profit. At the same time you might face a big loss too. High Return High Risk. If the EA able to catch more pips, then any increase of lot will definitely will increase the profit with less risk. Isn't that nice? High Return lower Risk.
In testing report, if would be nice to see if the winning versus losses ratio is high, Data Mismatched error is low and number of trades in the specific time is also high.
Other than that, drawdown is below 50%. Otherwise, margin call is very friendly. Actually, the lower the better.
From my observations, many EA user tend to forget or ignore the above mentioned issues prior to choose or purchase the EA.
Anyway, happy trading.
Last edited by Rugged2Riches; 08-07-2010 at 04:24 PM.
Lets be part of that 5%! -
5% of the people make things happen. 10% of the people watch things happen. The other 85% say what happened? Unknown.
Teach a man on how to fish. Why? -
"If you give a man a fish he will eat for a day. If you teach a man how to fish, he will eat for a lifetime." Ancient Chinese Proverb.
Trader Vs. System
"Winning the forex market depends 70% on the trader, the other 30% is the system!"-Unknown
The best EA is your experiences and knowledge -R2R.
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Hello,
If you are a Expert Advisor programmer, please answer this message giving you e-mail address or send me an e-mail message to job@mycurriculum.com.br
Regards,
Nagib
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what about high return low risk ?
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Trying to build an EA even though you don't have programming skills that shows your interest in learning to build an EA. I wish you the best.
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Ho do you guys learn this MQL programming? Self study or it is taught on school? I wonder if many of you are IT specialists or Computer Science...
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