Learning profitable automated trading

Last demo expired and started a new one

This thread will also give new traders experience of losing .Here is a losing sequence and losses incurring.

Here are some experts to autotrade stocks on demo accounts only.Place the experts on stock charts for intraday trading on opening range breakout systems.

These are to experience auto trading on stocks.

Here is an expert using rsi set ups .Interesting to read source codes.

ODT, are you trading any EAs live with any success? If so, what kind of backtest results (or forward tests even) satisfied you before you traded them? On how many markets?

Adamus

I trade my first major system consisting of 11 expert advisors on live accounts.Success depends on market conditions, currency market has been choppy lately, given the market conditions the experts are still profitable.Expert advisors are highly profitable when the markets give a feast of large trending days.

Backtests should show low drawdowns and high profit per trade.Drawdowns should be 1/3 of three years profits and average profit per trade should be at least 7 pips.At least 6 months of forward tests on live accounts with micro lots are required.

The most promising market is forex , overnight closure , gaps and lack of sufficient data and time to develop, make it difficult to develop profitable experts for oil,commodities and indexes.It should be possible to make good experts for other markets.

Here is a link to codes for experts for those interested.

http://www.forexmt4.com/_MT4_Experts/

O D T

The majority of automated systems purchased fail because market conditions change over time and traders become too reliant upon systems that they don't understand and as a result, are unable to objectively recognize and respond to these changes.The key is to develop your own automated systems and have them coded by a professional coder. The solution is to run a portfolio of automated trading systems.

More info on automated systems.

http://hubpages.com/hub/Forex-TSD-expert-advisor-scam

In the link below is a moving average expert and codes.Moving average systems are lagging systems , they fail in choppy markets.There are more professional coders with better coding styles , which do not interfere with other experts on same platform.

Try backtesting moving average systems and learn something .

http://www.trade2win.com/boards/meta...ml#post1057518