EA Forex Academy – Algorithmic & Manual Trading Courses › Forums › Forex Trading Forum › How to set EA to buy only in Metatrader 5
- September 7, 2020 at 16:04 #59472
Hi, I’ve noticed that my EAs often close with losses in low activity time (late NY or Asian session) or in range market like today, is there a way to create EA that have a more consistent result. Thank youSeptember 9, 2020 at 14:10 #59603HaliffaParticipant
Try not to make conclusions after a few trades or days.
Also, it is easy to see what happened but we never know when there will be volatility or not.
Each EA has its moment and its downs, but if you follow the results in FX Blue you will know when the EAs are in their profitable periods.September 10, 2020 at 11:49 #60068
Thank you I’ll keep that in mindSeptember 10, 2020 at 16:05 #60076
Yes, it is better to wait a bit longer so you can see the results.
Also, you can set trading hours from EA Studio settings. Do not hesitate to experiment.September 10, 2020 at 17:29 #60077
it’s great to get help from you guys, such a genuin and generous communitySeptember 10, 2020 at 17:41 #60078
It would be really helpful, what the typical drawdown for 99 EAs for 3 pairs (EU,GU,EG), because I’m planning to use them in my live account, can you give me a rough estimation or is there a way I can get it through backtestingSeptember 10, 2020 at 17:41 #60079
What the typical drawdown for 99 EAs for 3 pairs (EU,GU,EG), because I’m planning to use them in my live account, can you give me a rough estimation or is there a way I can get it through backtestingSeptember 13, 2020 at 23:08 #60713
I would suggest you first test the EAs on a Demo account and create your system for managing the EAs.
You can see the drawdown from the backtest but it won’t be realistic because at the end of the day you are going to trade the top EAs from all the 99. So you can’t say which EAs you will use.
When you select the top ones, for example, two from each currency pair, you can see then estimated drawdown.
Also, it is important to keep an eye on the Demo and the Live account so you will be trading the profitable EAs all the time.
Cheers,September 15, 2020 at 16:38 #61151
Thank you for your advice.September 16, 2020 at 9:21 #61204
Sure, let me know if there is anything else.
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