Sunday, 17 August 2008

My own EA

Hi All,

Well I finally got into writing an EA this weekend. Not too difficult actually, some niggles, but nothing unhandle-able. I will have to read up on some of the good articles on the MT4 site.

The amusing thing about all this back testing and optimisation is that it can lead you down the garden path. What looks good on optimised backtesting performs bad as soon as you apply it to any other symbol.

I'll keep you all informed of progress and share some versions of it.

Looks like the EA ForexAutoPilot is very bad, I recently saw a site which show it performing very bad...

http://www.forex-robots.com/4robotsweekly.htm

I will cut my losses with it, if it eats up rest of my initial deposit.(not the 300 I added recently).

Cheers

Peter

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