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Originally Posted by tokyowalker
hi everybody ..i am new here and i really like this forum ..thanks for keeping the good work ..
i started testing the ichimoku5 4 hours time frame for (EURUSD, EURAD, GBPJPY, GBPUSD) in a demo account ..the results were good for the first day but no luck for todays results  this EA is trading the hole time and i think it needs some improvement .... |
You tested it during the 2 and half days only. It is nothing for this EA.
This is always-in-play EA. It does not mean that it is very profitable. The profit may be the same with any other EAs (in average).
For example you will have for one week +150 in profit and -120 losses. +30 in average.
But there are EAs which are not trading often: just the same +30 with no losses.
So diference is that this EA is always-in-play.
Some people like always-in-play EAs. Why? Because this EA is always trading and you will not miss your profit (order was already opened). Other EAs are trading one time per week during the short period of time (for example) but with the same profit. What is more risky: be always together with the price playing or trade just sometimes (with the same profit for example)?
I think it is up to the people.