OK.. .Show us your very best EA results. . .can be live or demo. Additionally, it may be from something you've seen elsewhere, provided that you have the permission are permitted to post it.
Here are the guidelines for the EA results to ensure it is fair (please follow to keep it real):
1. Max Leverage 100:1.
This is due to the fact that most brokers only allow for 100 or even 200:1 if your account is over 20k. At the U.S. maximum leverage is just 50:1, therefore testing an EA at 100:1 or not as is realistic.
2. Max Stop Outside Level 50 percent
(although your broker could be at 20%, most brokers have stop workouts at 50 percent ). This is also to keep it sensible. For instance if you have a losing trade at maximum leverage utilizing maximum account equity and balance, you can lose up to 50% of your equity at one losing trade.
3. Less or 1 year returns.
Show us your very best results to get a year or less.
4. Here is the biggie: Start with $100 no longer.
That is right beginning with one hundred dollars. Let us see how much you can increase $100 in up to a year. Can you make $100 turn at $100k or more?
5. Relative and max Drawdown limitation of 90%.
Most traders couldn't plogically withstand continuing to trade any system or procedure after losing 75% of the equity. But because we are just starting with $100 USD, feel free to take it to the extreme.
6. No Martingale egies.
Dynamic standing sizing, a.k.a. pyramiding is encouraged, but Martingale isn't. Read further down in this thread, if you are not sure of the gap between the two and there is an explanation between both. Would like to attempt not to have this turned into comprehend the nuances of money management and position sizing that is lively.
7. Stops must be traded with by EA. No open ended losses.
Guidelines 7 and 6 above prevent EA from dropping it all on one single bad trade. Some form of controlled place sizing or cash management must be part of the EA.
8. EA needs to have traded at 33 trades. More is preferable if possible.
The more transactions over a longer time frame make it more statistically relevant. However, the number of trades does not guarantee that the profitably and the long term tradability of an EA.
9. You must be prepared to justify your results, although feel free to post any modeling quality.
10. When it's an EA on a demo account, the EA must be executable in a live account and live trading environment.
11. Finally. The EA must be fully automated without manual intervention loaded.
What good is an EA if it is not 100% hands free? Really. An EA that requires manual intervention involving transactions is another instrument or indior. A 100% automated EA (as intended), if correctly executed is plogically and fiscally liberating and frees you from the tension of having to monitor the markets each trading session. So just true EAs please.
It's possible to discuss your method supporting the results if you wish or keep them confidential. It's your EA, it is up to you.
It'll be interesting to observe how lots of EA's are out there that can take $100 and turn it into $100,000 or more in a year on a 100:1 leverage account or less. So in the event that you have one, please reveal it. Unless you want to you don't need to show trade documents.
The purpose of this thread is to show what's possible with EAs, and also to open discussion concerning the merits/demerits of every EA.
Let us see the capacity of what's possible with EAs and also explore the probability of getting those results duplied in live forward trading.