First of all, rarshi, please do not misunderstand this post of mine. It is just one part of your message I am referring to (the profits part)
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Lately I have noticed some misunderstandings of how EAs work. The basic one is that EA is going to perform same on any broker (hence some people are disappointed when the EA is not calling trades at the same time as in some example, and even they do not call same trades)
Here is a simple example : a simple Stochastic over bought / over sold EA. Attached results of testing for two brokers, same parameters, same conditions, same everything that could be same (with over sized risk set to 5% per trade simply for comparison purpose) . At first sight on the equity curve one would tell that the trades are very similar. But... see the ending result for one. And this is a day chart test which should not have differences as big (even using high/low in stochastic, try it with close/close and I guarantee you a fierce head scratching). Also, for called trades comparison, I attached the reports
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The point of this post is simple : test, test, test,... No one can guarantee you same results, but the purpose of showing tests is to point out to people that one trading system EA "has potential" or it does not have it. If you take that as a reference, the work done on testing by TSD people in elite section is priceless (thank you ND and Linuxser) because it can save you months and months of doing those same tests, just to see if an EA can be used at all
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PS:
the attached EA is not meant to be a trading EA (it is even posted in a thread where it does no belong). It is made for one purpose only : to brainwash some misunderstandings from my head, nothing else, so use it, if you have the same need, for that purpose only
regards
mladen
Quote:
Originally Posted by rarshi
Hi guys,
Elite section is not a bad place to go into, but what I have found in there that it is little misleading, when it says of 3000 pips a month.
Mind you there are others who don't make that much and there are others who lose too.
We some times get problems for rent a signal on our charts, which confuse especialy me, because I am new and can't remove those problems my self.
But this RAS might be little better than buying those other EAs, which work for a while for profit and when the markets change, then you loose.
andy
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