Well, lets start with mine.
- Of course I prefer a "high profits EA with low drawdown" (inspired by "Limitless" movie). "Stable but low profits" already been
reserved by my 9-5 job. XD
- Scalping please. I love the sound of money being scalp from the market and my EA will play a sound "cash-in"/"kashing" when the trade was closed with profit. Imagine listening to that sound every few hours. :)
- I'm a developer and have developed more than a thousand different type of EA and guess what, none of those EA who are using "stoploss" promise me a good news. So, I stick with martingale because stoploss is like a scam for me. Oh wait, martingale will blow my account sooner or later because it's a time bomb, right?. Well, my friends you have no idea. :)
People want stable EAs that opens trades every day, make big profits, and has low drawdowns... and of course that don't use martingale and grid.
People want to be rich without risking and without spending time on research. This is why 99% of traders loose money.
Personally I consider the quality of EAs, based on Profit factor and Profit/DD ratio, in a long-term view.
Well, lets start with mine.
- Of course I prefer a "high profits EA with low drawdown" (inspired by "Limitless" movie). "Stable but low profits" already been
reserved by my 9-5 job. XD
- Scalping please. I love the sound of money being scalp from the market and my EA will play a sound "cash-in"/"kashing" when the trade was closed with profit. Imagine listening to that sound every few hours. :)
- I'm a developer and have developed more than a thousand different type of EA and guess what, none of those EA who are using "stoploss" promise me a good news. So, I stick with martingale because stoploss is like a scam for me. Oh wait, martingale will blow my account sooner or later because it's a time bomb, right?. Well, my friends you have no idea. :)
People want stable EAs that opens trades every day, make big profits, and has low drawdowns... and of course that don't use martingale and grid.
People want to be rich without risking and without spending time on research. This is why 99% of traders loose money.
Personally I consider the quality of EAs, based on Profit factor and Profit/DD ratio, in a long-term view.
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When looking for an EA or testing an EA etc: Do you mainly look for high profits (and probably high possible drawdown) or do you prefer to use an EA with low profits but very stable and low drawdown?
Do you prefer an EA that trades very often or do you prefer just a few trades per month?
What else do you prefer out of an EA eg. martingale, indicators etc?
It will be interesting to read your thoughts.