OK, what about this?
https://championship.mql5.com/2011/en
Are they not relevant for real trading?
But this one seems to be very effective and stable ... equity is always very close to the balance ...
But this one seems to be very effective and stable ... equity is always very close to the balance ...
How can you see that? (red line is the linear regression of the balance, blue is the balance)
BTW:
$ 22 426.96 (58.31 %)
Stable is something different. In the case of TIM it looks like 3 losers in a relative short period of time caused a drawdown of ~60%. So what are the odd's of 6 or 10 loosers in a row?
The strategy of tim looks pretty good, however the risk he is using in the championship probably is way to high for real trading.
The results you mention at https://championship.mql5.com/2011/en/users/Tim/reports lose more than 50% of the account at one point (equity declining from approx $38K to under $20K). In real life, without the benefit of hindsight, would you have kept the EA running at the point that it was down 50%, or would have turned it off? And, seeing those results now, would you trust the EA not to blow your whole account up at some point in the near future?
I agree with all the comments above. Tim's Relative Draw-down of 58.31% (almost 60%) is Psycho Zone for most people. If you started trading an EA with 100k and then it lost 60k would you keep trading the system. Easy to do when it's monopoly money. Harder when it's real money.
The balance curve looks good but it's Equity which really matters. That EA was probably closer to tapping out than you think considering the broker would not let you go down to 0$ before they close you out. Something like >30% of the used margin have to support the account.
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Hello Everyone,
how many percent profit does a good EA make per month/year?
thx,
haemse