Trading Robots from EA Studio: Experience and Results

[Alan Northam]

This first graphic shows the balance line of the top 4 selected EA’s over the last 21 days.

This final graphic shows a nice calculated monthly return of 9.0% based upon the last 21 days performance.

Over the last 21 days this demo account shows a monthly return of 10.5% with a profit factor of 2.64.

Note that if I were trading this account with a prop firm I would have passed the challenge within 21 days.

This weekend I filtered my EA pool (see previous post to learn about the pool) For each of the 10 symbols I trade over the last 30 days.  I then selected the top 4 EA’s to trade this next week.  For example: I set FXblue to filter the pool for AUDUSD.  It then gave me all the EA’s magic numbers for AUDUSD.  I then filtered these magic number for the best  Net Profit.  I then selected the top EA.  I then did this same thing for all ten symbols.  I then took all then magic numbers, one for each symbol, and filtered them for best Net Profit.  I then selected the top 4 to trade this next week.  As it turned out two out of the four magic numbers were the ones I traded last week so I will continue to trade those this next week.  Two of the magic numbers were not traded last week.  So I will add these to my portfolio and remove two of the worse performing magic number from last weeks trading.

I will now trade my demo portfolio for another week.

Note my demo portfolio is a MT5 demo account.  Once I have traded this demo account for one month I will then start using it to trade my FXIFY 25K demo account.

Alan,

[Sand0r]

Dear  @alann-northamgmail-com,

thanks a lot for sharing this!

How much time and effort do you currently put in creating new EAs?

I am big fan of automating things and I am currently working on a script to download and attach the EAs to my MT5 accounts, also thinking about further automation like creating new EAs via EA Studio API.

If you are interested in a more detailed discussion, I would be very happy to hear from you! My mail address is

s4nd0r90 @ gmail.com

 

Looking forward to hearing from you!

Best,

Sandor

[Alan Northam]

Hi Sandor,

I have a separate workstation pc I use for creating EAs’.  I run 10 instances of EA Studio, one for each symbol, for a week and then download the best 10 EA’s.  I repeat this every week.  At the end of the month I will select the best 10 EA’s, one for each symbol, and add them to my pool of EA’s.  I also eliminate the 10 worse performing EA’s from my pool once a month.

Alan,

[Alan Northam]

This first graphic shows the balance line of the top 4 selected EA’s over the last 28 days.  This last week was not kind to my portfolio.  I believe this was due to the markets waiting for the Non-Farm Payroll report that comes out on the first Friday of the month.  This report can and often does result in extreme market volatility.  This volatility can then hit Expert Advisors stop losses which is what happened causing the balance line to fall.

This last graphic shows a nice calculated monthly return of 5.0% based upon the last 28 days performance.  Even with the portfolio retreating this last week this graphic shows the calculation the portfolio should still be able to gain 5% on a monthly basis.  This is still sufficient for the portfolio to hit a prop firm profit target within a two month period.

This weekend I filtered the EA pool and selected the top five EA’s, one for each symbol, and added them to my portfolio.  I will report the results of this next weeks portfolio performance next weekend.  I will continue to monitor this portfolio until the end of this year.  Based upon its portfolio I will determine whether or not to use this portfolio to copy trade to a prop firm early next year.

Alan,

 

[Alan Northam]

This first graphic shows the balance line of the top selected EA’s over the last 35 days.  The balance line continues to trend in a downward direction.  One reason this could be happening is the big speculative traders are closing out losing positions before the end of the year for tax purposes.  I don’t know that for sure but it could be the reason.  Anyway, I will remove all the EA’s this weekend and replace them with top performing EA’s once again from the pool.

This last graphic shows a nice calculated monthly return of 2.3% monthly return based upon the last 35 days performance.

This weekend I filtered the EA pool and selected the top seven EA’s, one for each symbol, and added them to my portfolio. I will report the results of this next weeks portfolio performance next weekend. I will continue to monitor this portfolio until the end of this year. Based upon its portfolio I will determine whether or not to use this portfolio to copy trade to a prop firm early next year.

Alan,

 

[Gordonpip]

Hi Gordon here. I do not know my way around yet but I did the EA Strategy builder pro course yesterday and in getting to the end Petko shares his pool of Collections but they are dated Jan 23 so are they relevant at the moment to use? he said on the video that he would keep them up to date but are they? Many thanks Gordon

[Alan Northam]

Hi Gordon,

I don’t know if Petko’s pool is up to date.  You might be able to download the pool and look for dates on the individual EAs to see when they were created, or you can ask Petko by sending an email to support.  As for pools, I created my own pool.

Alan,

[Alan Northam]

This first graphic shows the balance line of the top selected EA’s over the last 42 days. Note the balance line has started to turn upward during this past week. The balance line started turning back upward as a result of replacing all the Expert Advisors last weekend. The replaced Expert Advisors were chosen from selecting top performing Expert Advisors from the pool, one for each asset.

This last graphic shows a nice calculated monthly return of 4.1% monthly return based upon the last 42 days performance.

This weekend I will once again select top performing Expert Advisors from my pool of Expert Advisors and add them to my portfolio while removing all Expert Advisors used last week. Hopefully, this will help to keep the balance line moving in an upward direction.

I will continue to monitor this portfolio until the end of this year. Based upon its portfolio I will determine whether or not to use this portfolio to copy trade to a prop firm early next year.

Note:  I do not have any plans to continue with this topic after the first of the new year.

Alan-

[Author]

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