Hi Zest I have just designed a EA to remove the risk from that...

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RickM

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07/01/19

04:27

Post #: 37040395
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Originally posted by Zestfulmocha ↑

Originally posted by dingok
started my EA journey in Dec got 10% up on total account before the flash crash wiped out 50% off my account! luck tho i was still trialing it with very little capital and the loss was miniumal. Good to know my stops worked before i decided to fulling invest a decent size of my available capital. Last time a flash crash happened was around brexit from memory. will continue to soldier on with forex and think i can make them losses back and some throughout the rest of the year.
FYI was not using my own EA but a third parties one.

good luck for 2019 and beyond
Similar start to my journey I sourced two external EAs and ran them live, one blew up 50% nearly and the other like 30% - both after 3 months and 9 months respectively of solid, consistent, performance data. Blows me away that some of EAs selling had such big flaws and poor management but in retrospect that's what I deserve for trying to "jump start" that journey.

Always my intention to build and run my own EAs, issue is I'm a discretionary ASX trader not an Fx trader so had no strategy/ no idea where to start or what to build... Holidays over for me soon so my this year is to get one ore two EAs off the ground, after proper demo testing, not to make massive profits but even a 10% return or something nominal I would be happy with as a first step to prove to myself I have got at least the basics right. I plan on going easier on ASX too so should have more time to learn over the next few months at least.
Hope everyone had / is having a great break, resolutions in place and ready to bite into another year of life

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Hi Zest

I have just designed a EA to remove the risk from that flash crash. Try building a Bollinger Band reversal model set to 80/2. The idea it catches the bounce backwards saving you the lost money on the way down. Of course you still need to have lots of free margin before the move.
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First 19 Last

Hi Zest I have just designed a EA to remove the risk from that...

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Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

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