You didn't post a topic yet. Let us show you how to make your first topic and upload your favorite forex robot. Guide me

Quick Login / Register with Facebook Account!

Login with Facebook

Login with Username and Password!

     Username:       Password:  Login

Register  |  Forgot Password?

 

The latest topics with attached files (Forex robots, Forex Indicators, etc..)

Forums in this category with details of Replies, Views, last post

One day Profit.

by Wajid Hussain

EURUSD EA

by ninosdeltrade

Profit Master EA

by rizwan.osg

H1 Trend EA

by Chumani Boniwe

EA Asia Scalper

by vadvid

Hide

Highest Forex Leverage 1:3000!

Try your Forex Robot with the highest leverage 1:3000! All Forex robot strategies allowed! Scalping, hedging, martingale, etc...

If you make a deposit as small as $10 in your Forex account, you can enter trades with $30,000 buying power. If you deposit $200 you can enter trades with $600,000 buying power.


Pages 1

You must login or register to post a reply

RSS

Posts: 2
Please rate this topic
Current rating: 0
Votes: 0

Embed topic to your site

EA's DO work

Topic: EA's DO work

The main reason an ea does not work, is because it was made by someone who doesn't know the basics of risk managment in Forex, OR, they do and they let the bot take extreme risk to inflate the account to entice people to "buy" the ea and make their own money. I am not against selling well made ea's, though I managed to get my hands on a few costly ea's, and they failed terribly, and 90% of them fail terrible on back testing.

There is this idea that backtesting doesn't work, it absolutely does, it is testing the automated strategy on past market conditions, you could argue that it does not represent future market conditions, this is partially true, but what else do you have to analyse? You have to backtest, it is a necesity for developing an EA, then you move on to demo account testing.

I opend one ea in particular to view the code, because it claimed to be "zero risk", and in backtesting it did really well. The EA MAYBE had 20 or 30 lines of code, probably half of that was whitespace. After testing this ea on a $1000 demo for one day, the account lost 99.9%, it busted.

Though I am currently copying the signals of an ea, I do not have access to the code, just the autotrading signals. It has ran for a week, it has over %50 profit. Starting with $1000 account. It has a risk of ruin rating, in losing 10% of account balance of 0.01%, meaning it is very unlikely it will loose even 10% of account balance

This is an exceptional EA, and I really want to see the code or at least an explanation of how it works.

I believe, the best EA's are very low risk, with very high "z-score"(ability of trading system to generate wins and losses in streaks), they must also be able to at the very least be able to perform well with a low starting balance of $1000, if they can build a balance of $100 this is even better.

Share

Re: EA's DO work

have you tested this ea buddy? does it really work? i too want one of the best ea and searching for it.

Share

Posts: 2

Pages 1

You must login or register to post a reply

Last Posts

  • 11/12: One day Profit.
  • 11/12: Profit Master EA
  • 11/12: EURUSD EA
  • 11/12: H1 Trend EA
  • 11/12: EA Asia Scalper
  • 10/12: Forexhackers-EA_V2
  • 10/12: To accomplish
  • 10/12: Facing losses
  • 10/12: PingTouGe,a fantastic EA
  • 10/12: XtreamForex Company News
  • 10/12: Due to the changes
  • 09/12: Awesome EA, with Cent account should be just fine
  • 09/12: EA Generic A-TLP v.12.38
  • 09/12: Ronix v4 EA
  • 09/12: Help with EA inputs
  • 09/12: Automated trading system
  • 09/12: 500% profit per week! Forex Robot!
  • 09/12: abundant reasons
  • 08/12: Moving GRID EA
  • 08/12: trading at the right time
  • 08/12: Indrafxscalping v8
  • 08/12: EA Adenan Scalping. daily profit 10-30% TF M1 EUR
  • 08/12: EA PricelessGrid
  • 08/12: EA HIBRYD TT+F
  • 07/12: UOP Trader System
  • 07/12: EA Life Changer fixed
  • 07/12: TP High SCALPER
  • 07/12: Forexhackers-EA_V2
  • 07/12: This is a goood robot EA, it is very stable, with a stop loss.
  • 07/12: EUROBLASTER EA
  • Online Users & Stats

    • Total number of registered users: 25,870
    • Newest registered user: adrian.hamill922
    • Total number of topics: 11,437
    • Total number of posts: 37,442

    Online users: 1,903 guests, 197 Members:

    777legrand, abuabdirrohim, admin, adrian.hamill922, alesnetusil, Alexander Lamount Knowles, Alexey Kalyuzhnyy, ameyakambleameya, andilenokwayi, andydrae67, Anita Blege, arafat.wed19, Art Dejavu, axel7969, ball2goal, batman, Bees, bestkid321, betuboxem, blacckygeorge, boss.lionel96, bruhin65, cabakgames, cargelli2015, Cashkill23, CeeJayke, Choosak Lertvichamai, Chris Wiley, Chumani Boniwe, coachklso, Cretu Vasile, cruelzhang, csk0077, dagfrancile, Damien Cherry, dancard84, Dani Zuluaga, dare79, Darshana Samaraweera, deprofiters, dikeudeze, dmp.forex, Donovan Sissing, dow017, dr.kazam, EAtester2000, Ednaldo França, edu.santos2612, Eduardo Montanha, Emma Ugwuja, Fajar Hida, fatboy, femo, fephidza, Florian Atakoun, flsekme, Forex Stock Trading, forexmasfacil, forexnfx, freezyabe, Fxmaster, fxrude2, fxvnpro, gaebler79, George Kourogiorgas, gommcn, Gonkmega, gungink, gys, hanhtinhxanhdo, hendrikwong, Husin Poh, Iboma Charles, Inconito75, izzac823, james.ma, jaylou911, jaysonajax, Jesus Flores, jjeg1979, jmvr30i, Joe0013, joekuol, John Chatzis, johnmacknamara, joinbehar, José Luis Pérez, josecosta1, joskerone, judeekatherinexx, Kabelo Collen Molokwe, KatMan, kazuo.yoshida.01, kbsoett, Ken Sato, kiemcoinhd, kill_li, Konstantinos Sf, Lâm Tấn Kiệt, lecho80, Lethabojnr13, lhiko, Liviu Torac, Lucas Alonso, luigipalm, m4162443, machemitoccafa, machs_nochmal, madcow, MagerMoLcH4, marbre, marcial03, MarianNick123, Martin Kirschner, MD Limon Hossain, Mduduzi, mikotech, Mikser, mongimedia, Montipora, msmiach, Myanmar River, myd1688, naherli1972, nakatama1, nerius, Neville Carr, nine007, ninosdeltrade, noeltg, Nueng One-hand, nzuza, Okan Polat, omalix, omidazizi1366, omtei, pablomercosul, pachu, pawakalangit, pukit3434, Querido, ramedies1234, rarch2001, Re Kristin, richtech962, ricone, rizwan.osg, RMC, rochellebrown30, Rohit Kumar, rovesea1, sbolungah, seong1, shahbaz.star333, solovelyx10, spec.ng, spittlegiles, sprizzon, StonerTH, Taposki99, temaki, thami1983, Thammarat Baokhao, thangabalu149, thilinaabey, Thim Bérénice, timdawg792003, Trader133, tradingralf, tungiro, tuvix2, Velihan Efe, Verapan Ruampatanakit, Veres Gàbor, vergelb, viberjet, Victoriano, Viktor Atosin, vincentgdonald, vital4free, vodafone2066, Vu Huy Le, Wajid Hussain, Waliu Ajose, Waqas Ali, warrenteoh, why, wto, Wu Weifeng, xtreamforex, yahavuzan, yahiaazer3, yildiz, za7172, zafarjoia, zelingos, ZICROFF_SATAN

     


    NOTE: Hacked or illegal versions of copyrighted Forex robots are highly prohibited on MT4talk.com. If you upload any illegal version of any copyrighted Forex robot, your forum account will be banned. No exceptions.

     

    IMPORTANT: MT4talk.com is a public Forex forum, where forum members can upload open source Forex robots to share with other members. MT4talk.com forum does not sell or rent Forex robots, and does not provide guarantee or support for the uploaded Forex robots! If you have any question about any Forex robot, please open a forum topic! If you have a question about your forum account, contact: mt4talk@gmail.com

    CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

    Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. 
    All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.


    Copyright MT4talk.com Forum Rules - Privacy Policy.