The answer: No two years are ever the same.
The EA is capitalizing on a particular characteristic of EURGBP.... when the market changes (there is no reason for it not to change, right?) then the software still trades the same pattern, but doesn't adapt to the new "shapes" on the chart.
In short, no software is ever smart enough to predict the future. The best it can do is try things that worked well in the past. An EA is gambling, whether you are profiting or not.
It all comes down to being able to identify WHY the trade is a good one. And with EAs, you trade pure charts, which is definitely not a science.
Quote:
Originally Posted by JStein
Hello Rahman,
your Thunder_4WD is an wonderful EA too. I've done some backtesting with it and found the following:
In the years 2004, 2005 and 2006 the EA showed an unbelieveabe performance with many thousands of trades each year. But then in the years 2007 and 2008 performance was not so good as in the years before. There were only 1200 - 1800 trades each year and more loss-trades than in the years before. Is there any reason for this behaviour ?
(Don't understand me wrong: the performance is also very fine but in comparison with the years before ....)
best regards
Juergen
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