Forex Trading 2018- TA/FA- Setups and discussion, page-3989

  1. 8,420 Posts.
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    Hi Spec, our difference in perspective is interesting, I am now pushing ahead to go 100% EA trading because I trust EA's to do what I write them to do, because in contrast I actually have less trust in my manual execution of a strategy. It's not that I have a problem sticking to my rules, but I find I make a lot of errors.

    Also, trading with EA's lets me trade in a manner I simply couldn't do manually. I currently have 1 strategy trading live on 12 markets and it takes me 2 hours s day to do my checks, place orders, update my records etc. I have replicated that strategy with an EA and developed another 4 EA's, all in demo testing until the end of July when I will go live with all 5 EA's. The EA's are traded on 8 markets (the least) to 20 markets (the most), and the beauty is it takes me about 30 mins each day to review the results. I literally could not trade all those strategies. across a total of 64 matkets and a mix of timeframes from H1 to Daily. The EA's let me do more in 30 mins per day than I can do with 1 manual strategy in 2 hours per day. Makes life so much easier, and less stressful. It leaves me most of the day to develop new strategies to add to the portfolio.

    Rick, thanks for the extra criteria on the weekly, I will spec those in when I get to that modification.

    Cheers, Sharks
 
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