Any successful automations? - page 2
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My general rule is KEEP IT SIMPLE.
I know some people whom made these EAs with 20 indicators and even then taking references from other charts.
The main concept is that an EA is a reflexion of your mind. If you have too complicated ideas your EA is going to be very complicated, and viceversa.
I'm a quiet person, always looking for the simple things in life, and I guess that's the reason why I do the same with my EAs.
Cheers
FFD
KISS - couldnt agree more!
I can do & have done complicated but we musnt forget that we are primarily trading.
Some tried & trusted trading systems are very simple - so the EA can be (relatively) simple...
If you have stacks of indicators & yards of complex (if admirably structured) code yet the EA makes a profit on a demo account but a loss on a live account...
Where do you begin to fix this mother-of-all-EA's...???
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With hindsight :D
I should have started with a small live account, looked at the data patterns & taken it from there...
E.g. the number of ticks/period is different demo to live, so even if the High & Low is the same, the pattern will be different, with more & larger movements within a given period on the live account.
Of course using a higher time-frame will tend to even things out but then lag creeps in :(
-BB-