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Dear traders,
I hope everyone is doing fine!
We all saw that the GOLD market is very volatile and gives many opportunities to the traders.
I have done my best in the last days to create new EAs that are suitable for the recent market conditions. So I have uploaded 10 new EAs for the Gold, which you can download.
Please, always test on a Demo first.
Cheers,
Hello Bastian,
I am glad to see you sharing the results. A few years back I realized that such a thing is possible only with Strategy builders like EA Studio and FSB pro. This is why I decided to implement them in the academy and in the courses.
Your purpose now is to stabilize the portfolio and avoid the drawdowns that you see (such as the one you had in the beginning).
One of the ways to do it is to use different assets or add different currency pairs. And the second way is to create more different strategies from a SL and TP perspective. For example, strategies with very small TP and a huge SL and vice versa.
Personally, my goal is 50% a month. That is what I have been following and it is very achievable. However, I don’t show this in the courses because it really sounds crazy. And most people won’t believe simply because most lose!
Keep up the good work!
Hello Charbel,
This is called grid trading.
The indicators are created to watch the current market conditions, and not to look for the previous entry. The market doesn’t care about our previous entries. I know this idea of averaging but it is more of investing type of trading which some traders try to convert. I am not familiar with a successful one( I don’t say there isn’t one).
The trading is more oriented to trading at the moment, according to the recent market conditions. And this is what the indicators are used for. This is why there is no such method or indicator in MT or FSB and EA Studio.
Yes, you can modify the entry in the code but this way you will not have a backtest in FSB Pro which is the main idea of having a strategy builder. To have the past results and analyze it.
I hope this makes sense.
Hey Ilan,
honestly, I don’t have such a table. I used to have but I noticed that following the same criteria brings me to similar strategies…something I want to avoid.
So I mix the criteria every time I use the Reactor. This way I see different strategies that increase risk diversification.
Yes, I Stick around 500 counts of trades and 1.2 PF but from there I try to add different robustness tests or additional criteria.
Hello Ilan,
if you want to automate the formula you will need to hire a developer. I tried that about 5-6 years ago but it was not successful. The tests weren’t as I expected.
The problem is that the developers don’t understand trading and it is hard to explain the formula with all the details.
I have just updated the USDJPY EAs in the course. The strategies remain the same. I just optimized some of the parameters for the current strong JPY market.
Trade safe, and let me know if you have questions.
Kind regards,
Hello traders,
I trust you are doing fine!
I have just uploaded new 10 EAs for the AUDUSD to the course.
The market is very volatile recently due to the current situation, and I decided to create new EAs.
Please, test on Demo first!
Let me know if you have any questions!
Kind regards,
Petko A
Hello Daniel,
you can trade many EAs in one account. Each EA should be attached to a separate chart. You will learn how to do it in the course.
The Resource files in all my courses are just below the video in the lecture where I show how the EAs should be attached to the charts:
Hello Marek,
Welcome to the Forum.
1. The SL and TP in the EAs generated with EA Studio are in pips, and the ones from FSB Pro are in points. We always put a higher rounded number to cover the floating spread. If your EURUSD spread is 2-5 points, you better use 10 points or 1 pip.
2. The swap is exported automatically with the scripts.
3. The performance of the strategies doesn’t correlate with the leverage. Just leave enough margin in the accounts.
4. 66k bars is not enough for the lower time frames like M1, M5, and M15. For more Historical data you can use our app:
https://platform.algotradingspace.com/software/forex-historical-data/
I prefer trading on M15, but that is personally me.
5. Yes, the brokers offer different spread and trading conditions. This is why we have different historical data with the brokers, and from there we have different backrests with the EAs. Check out our Page with trusted brokers:
https://platform.algotradingspace.com/trusted-forex-brokers/
The Historical data in the app comes from Dukascopy if that might help.
Let me know if there is anything else.
Cheers,
Petko AHello traders,
we have added a search bar in the Forum ( and the blog). This will make it easier for everyone who is looking for a specific subject:
