Automated portfolio of expert advisors system

[oilfxpro]

Originally Posted by ProfTrader

Can you sum up the best EA you have and tell us where we may locate it?

Thanks

A reasonably good expert advisor is stepma 1.45 expert advisor

OILFXPRO

[oilfxpro]

Hi

There are many problems associated with using many different expert advisors on a single platform

Firstly they may all be communicating with the broker at the same time ,causing many problems among expert advisor's functions

There are many other problems which I will highlight in the next posts

OILFXPRO

[fxtrendline]

Originally Posted by oilfxpro

A reasonably good expert advisor is stepma 1.45 expert advisor

OILFXPRO

how about performance in a month ..is it good enough ?

[oilfxpro]

Originally Posted by fxtrendline

how about performance in a month ..is it good enough ?

It is not consistent .There can be many months without profits and in drawdowns.It can also have false signals

I am still testing it

OILFXPRO

[oilfxpro]

Hi

A system of of 23 expert advisors trading on one platform ,is like two football teams where each player is not passing the ball to other players but all 23 players including the refree attacking one goal post.It can be total chaos when football teams do not have a manager.

The 23 expert advisors can expose a trader to much higher risk exposure.If market conditions change ,one has to change all the expert advisor setting for 23 expert advisors.Many out of the 23 expert advisors can start losing and not performing

The solution is to co-ordinate and manage all the expert advisors to work in harmony and cordination

OILFXPRO

[Yozhik]

Hi,

I absolutely agree re: Automated for 24 hours will always exceed human performance ... IF the system setup is right.

Are you managing the EA's by committee?
What programming knowledge is needed to establish a similar system?

Cheers,
Yoz

[oilfxpro]

Originally Posted by Yozhik

Hi,

I absolutely agree re: Automated for 24 hours will always exceed human performance ... IF the system setup is right.

Are you managing the EA's by committee?
What programming knowledge is needed to establish a similar system?

Cheers,
Yoz

Hi

A well advanced knowledge of metatrader programming is needed .You will not nly require a professional programmer costing over $80 per hour, but u will also require a programmer highly knowleadgeable about metatrader and its limitations.

U can forget about forum programmers cause they will be no good.

The new combined EA will be managed centrally

OILFXPRO

[fxmalay]

How to use the indicator (EA). Also i never see the EA?