Armagedoom

I can program an EA if some1 gives me the exact logic behind the trading of this indi.

I have been testing it with rules of myself with not much profit (i dont mean I dont trust this indi, i just say the strategy I used was not profitable)

Any hints?

Hello, I have a quick question:

If I do my backtests on a demo account of, lets say, Apari, will it be usefull for using the resulting configuration in Iamfx broker?

The thing is Im having problems to backtest with Iamfx since they dont automatically download the data and I am having troubles to configure it to backtest there...

Another thing: I noticed when you download pairs data from Iamfx, it downloads it from another web (bostontechnologies doc com) What if i directly download metatrader from there and download data and backtest with that metatrader?

Thankyou fellow traders...

:)

Re: Multi-EA management

Ok guys you made your point.... that idea might not be as good as it seemed (for me)...

Thx for helping me c the light :)

Re: Multi-EA management

Ok ill try to explain again why do I think you could earn more money (tell me where Im wrong plz):

I will simplify but you can think ahead what I explain with more and more EA's:

Hypothesis: If you trade 2 orders with 5% max dd each, that equals (in lots) to 1 order of 10% max dd.

Scenario 1:

-u got 2 EA's, they operate whenever they want

-max dd 5% each (so max absolute dd is 10%)

-each EA makes 3 trades a week

Best case scenario:

Each EA makes and win 3 operations -> 6 operations won of 5% dd each

Scenario 2:

-U got 2 EA's, they operate ONLY when there are no orders (just one Ea at a time)

-max dd 10% each (so max absolute dd is the same, 10%)

-each EA makes 3 trades a week

Best case scenario:

Each EA makes and wins 3 operations -> 6 operations won of 10% dd each (twice the money earned)

I know its the best case scenario, and probably at least 1 or 2 orders would be at the same time period so there wolud be less orders in scenario 2,but I think this could make u get the point I want to express...

Re: Multi-EA management

If you have lets say 5 EA's with 5% drawdown each, you might get a drawdown of 25% (yes,its aganist probability, but eventually it could happen).

Now imagine you set the lots of all of your EA's to operate letting them get a 25% drawdown each. You could reach the same drawdown, but would win 5 times more from every trade (excluding the trades you wouldnt do because of another trade already in).

At least I feel safer and I think you earn more with a max dd for each robot and only 1 robot operating at a time than the other options. Do u guys know any good way to deactivate or filter the rest of the EA's while an order from 1 of them is active?

Thx again!

Re: Multi-EA management

Thx 4 all ur responses. I checked out the 2 EA's proposed and read what you posted, and I think I didnt explain correctly what I meant... sry 4 my english in 1rst place, and in second place ill try to explain better:

Lets say I have Fap turbo, megadroid and dragonpips. Lets say they all do 3 trades per week (false but lets think that for explaining the idea).

* Now, if each one shares 1/3 of the account for their risk management, and they opperate at the same time, it would be "safe" coz each one would be operating with its share of the acount corresponding to the share of the risk they got.

-This way, we would get 3*3=9 orders, with 1/3 of the possible lots each.

The idea would be to use the full account for the risk management of each EA (every EA gets 100% of the acc for avoiding margin calls and managing its risk) but limiting the EAs to not operate while any order from the other EA's is open.

- Now we would have 3*3=9 orders, with the max possible lots each (instead of 1/3). Its 3 times the money won (or lost) than the first case, with the same absolute drawdown risk. Of course, there would be less than 9 orders in case 2 eas wanted to place its orders at the same time, but I guess you get the idea...

Coments & opinions please? ;)

Thx!! :)

Hey guys, I got an idea and wanted to share it with u.

Wouldnt it be great to have an account continuously placing and wining orders?

Here is the thing: If we have one account, and want to use it with several EA's together, we might get it blown because of several orders from different robots unless we use extreme low lots, although in that case we will win few cash...

BUT if we could manage to get only 1 active order at the same time, EA independent, then if we put several robots all with the correct risk management, this account will be continuously operating and winning more than if we divide the global account into "Smaller accounts" for each EA...

Would it be factible to build some kind of Multy-EA-manager??

Could we do that by putting the same magic number on different EA's for example?

Thx 4 ur time, oppinions please :D