Discussion of article "Developing a cross-platform grid EA (Last part): Diversification as a way to increase profitability"

 

New article Developing a cross-platform grid EA (Last part): Diversification as a way to increase profitability has been published:

In previous articles within this series, we tried various methods for creating a more or less profitable grid Expert Advisor. Now we will try to increase the EA profitability through diversification. Our ultimate goal is to reach 100% profit per year with the maximum balance drawdown no more than 20%.

If we do not alter the underlying trading system, there are two possible ways, which might help us increase profitability.

  1. The first method is to decrease the time period, in which the EA parameters are optimized. This can allow us to accurately adjust the EA to the current market cycle and receive the maximum profit.
    However, this method has a significant drawback. Past profit does not guarantee future profits. The lower the time interval used for EA testing, the higher the risk of that a strategy can be destroyed by market changes.
  2. The second method implies multi-currency trading (diversification). Lot size for each financial instrument will be lower than with single-currency trading. With such loss management, even if you hit drawdown or stop loss on any of the instruments, the maximum balance drawdown will be less than with single-currency trading. In addition, profit on other symbols can help in recovering the deposit faster.

Author: Roman Klymenko

Roman Klymenko
Roman Klymenko
  • www.mql5.com
Published article Developing a cross-platform grider EA (part III): Correction-based grid with martingale In this article, we will make an attempt to develop the best possible grid-based EA. As usual, this will be a cross-platform EA capable of working both with MetaTrader 4 and MetaTrader 5. The first EA was good enough, except that it could...
 
Hi i am getting the error that timer not set what is that? And the ea doesnt seem to trade. Are there and set files available?
 
Hi i have just tested your EA its giving an error unable to load Relative Strength Index indicator ERROR [4308]. Can you please upload any set files thanks 
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