Automated Trading - Is there hope?

numbertea

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Mar 27, 2011
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Yeah. Volumes always drop. For me, it’s right to be suspicious of any move in August/Christmas on light volumes. Tells me that the move is probably ‘false’ to some degree.

Why not use it as an excuse to go and lie on a beach somewhere?
Look at a weeks worth of data from the same time for the past couple of years and note the volumes. An average level for the time of year will be discovered and then you can adjust algorithms to account for expected levels. Being able to trade profitably year round is important to me.

I only trade intraday so this might not apply to your system.

Cheers
 
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Pat494

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Mar 27, 2004
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Does anyone fully trust automated trading ?
An EA I tried didn't have any stop loss at all but did have a profit target. I don't know how it managed that.

Make the trade, put in the sl & tp and walk away, for an ok night of dreams imho.
 

numbertea

Active member
Mar 27, 2011
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I trust my automated system as much as I trust myself when I am on the top of my trading game. Automation affords me that convenience. I would never trust another person's system however.

Cheers
 

numbertea

Active member
Mar 27, 2011
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Which system do you use ?
My own. It is the third system, backtesting and real time trading that I have programmed... It is the first one that shows consistent profit. I am using my own market sympathy indicator and automated qualifiers for entry/exit.

Cheers
 
May 26, 2017
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Hello, everyone!
To my humble opinion, autotrading is another option for investing in the Forex market. Even a beginner with no experience can earn money using such a system. Look, all the work is done in automatic mode, and the user only needs to monitor the process and withdraw the earned money. That's very convenient, isn't it? This option is great for those who are trading on Forex in order to earn additional income while having the main its source.
 
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Pat494

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Mar 27, 2004
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Your post assumes the trader has found a profitable system. I know there is a lot of BS on the web BUT they forget to mention important facts like Draw Down.

Perhaps you have found a viable system ? I have looked at hundreds and not one measures up to a viable system I would trust.
 

Pat494

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Mar 27, 2004
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good automated robot is possible i've seen such robots, with ultra low DD and high gains, perfect entries but it is hard, and the author says he is not using any indicator...https://www.youtube.com/watch?v=GwCu0C-0r9c&t=2s
One can see it working on U tube and it looks good but there are no contact details ??
 
Jun 24, 2013
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expert automated trading

hello ladies and gents

I am trying to find someone who can build an EA for me to use . I prefer a trend builder but would consider a scalping EA as well any ideas. many thanks