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Thread: Strategies / EA's with extra edge

  1. #1
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    Exclamation Strategies / EA's with extra edge

    Still My question remains unanswered.

    Can anyone members
    Advise a list of Top 10 EA's

    which has average Risk/ Reward >50% Win/ Loss >50% (Just with core Entry and exit rules without applying any money management)

    I from most of the EA's & backtesting, not within this ratio mix & balance.

  2. #2

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    I don't think those kind of EAs exist... at least not 10 of them. EA trading is a lot like playing a zombie survival game. You point where you want to go, close your eyes and hold down the trigger, hoping you get to where your going without being eaten

  3. #3

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    Quote Originally Posted by tradespin View Post
    Still My question remains unanswered.

    Can anyone members
    Advise a list of Top 10 EA's

    which has average Risk/ Reward >50% Win/ Loss >50% (Just with core Entry and exit rules without applying any money management)

    I from most of the EA's & backtesting, not within this ratio mix & balance.
    Basically how i see it, to see if we can find if an EA has a real edge, we could compare it's entrys with a simple coinflip EA with a tp and sl set equal. (No edge)
    A coinflip EA has a random entry long/short with for instance a tp and sl set both to 100 pips. You will see that after for instance 1000 trades we have approximately 500 winners and 500 loosers. (Ofcourse this is not completely true because the spread works against us, apart from trading cost and slippage, but the bigger the tp and sl, the less this influence is. We could set the sl further away (offset the sl with the spread) to have a real 50/50 chance to hit the tp or sl)

    Then we should take any EA that we like to test for it's edge and also set both the tp and sl equally. (For instance 100 pips or any pip value that is better related to the timeframe where the EA is intended for)

    After 1000 trades we can see if there are more winners than loosers, if so, we should make even more of these test to see if it is consistent. If so, then the EA seems to have a real edge.

    Now we should look for a way to see what the optimum tp/sl value is for the EA. (Ofcourse tp and sl always set equally)

  4. #4
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    Quote Originally Posted by tradespin View Post
    Still My question remains unanswered.

    Can anyone members
    Advise a list of Top 10 EA's

    which has average Risk/ Reward >50% Win/ Loss >50% (Just with core Entry and exit rules without applying any money management)

    I from most of the EA's & backtesting, not within this ratio mix & balance.
    sure if you have a 50k equity, then i know more then 20 EA's

    the most reason why automatic trading fails:
    - less equity to survive (large) drawdowns, most of the major pairs recovering during approx. 3 months, so patience and equity is needed, example eur/usd was in may at 1.32 in at june at 1.20 in august at 1.32
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100, 100 pips, automatic, average, backtesting, ea trading, eas, eur, eur/usd, money, real, simple, slippage, spread, strategies, trading, usd

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