Consider the spread before buying an ea!!! – expert advisors and automated trading – mql5 programming forum

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So, I read a lot about the actual performance of an EA being sub-par as compared to the strategy tester results. Rm to usd converter Most of the time, when I look at the pretty screenshots of people’s EAs and see this fantastic equity curve, I’ll immediately look at the spread they used. Equity meaning in urdu You’ll notice that most of the time it’s 1, maybe even reaching as high as 10. British pound to dollar exchange rate Don’t be fooled, these are NOT pips, they are POINTS.


Shoe size conversion uk to us So that means, for me, when I see a 1, that means 0.1 pips…my lowest spread EURUSD is typically around 2 full pips, usually slightly higher. Usa today sports lines So how is an EA supposed to perform well when it’s designed for fractions of pips, and most of us have much higher spreads (or low spreads but also commissions and such to pay out on a transaction)…….it’s not 🙁

When looking to buy an EA, I strongly suggest looking at the spread used by the developer in their tester results and comparing it to what you would normally have for your live account…this will have a direct impact on your profitability. Average exchange rate usd to cad 2015 And quite honestly, you will probably lose money hand over foot because many developers can only get a good equity curve by magically dropping the spread to 1 or 5 or 10 POINTS…otherwise their EAs fail miserably.

Before I realized this fact, I had EAs that were crazy good…I thought when I chose 5 that it was in pips. Oil futures marketwatch Then I found out it was actually in points, so I changed to 50, and BAM!!!!…blown accounts left and right. British pound to usd history Any time I make my own EAs, I always use a spread of at least 30, usually 50. Usd to myr conversion I’ve never ever gotten any sexy equity curves long term from that….but using realistic spreads is the least I can do for myself and my wallet.

So I ask buyers to beware of EAs using unrealistic spreads of 1 or even 10…remember, it’s points, not pips. Usd inr exchange rate history It’s your money on the line, please don’t waste it.

So, I read a lot about the actual performance of an EA being sub-par as compared to the strategy tester results. Aud usd exchange rate history Most of the time, when I look at the pretty screenshots of people’s EAs and see this fantastic equity curve, I’ll immediately look at the spread they used. Stock market trading hours christmas eve You’ll notice that most of the time it’s 1, maybe even reaching as high as 10. Usa today newspaper online Don’t be fooled, these are NOT pips, they are POINTS. Dollar euro forecast 2016 So that means, for me, when I see a 1, that means 0.1 pips…my lowest spread EURUSD is typically around 2 full pips, usually slightly higher. Usd zar chart So how is an EA supposed to perform well when it’s designed for fractions of pips, and most of us have much higher spreads (or low spreads but also commissions and such to pay out on a transaction)…….it’s not 🙁

When looking to buy an EA, I strongly suggest looking at the spread used by the developer in their tester results and comparing it to what you would normally have for your live account…this will have a direct impact on your profitability. Usd aed rate And quite honestly, you will probably lose money hand over foot because many developers can only get a good equity curve by magically dropping the spread to 1 or 5 or 10 POINTS…otherwise their EAs fail miserably.

Before I realized this fact, I had EAs that were crazy good…I thought when I chose 5 that it was in pips. Usd to gb Then I found out it was actually in points, so I changed to 50, and BAM!!!!…blown accounts left and right. Aud to usd exchange rate Any time I make my own EAs, I always use a spread of at least 30, usually 50. Euro to usd graph I’ve never ever gotten any sexy equity curves long term from that….but using realistic spreads is the least I can do for myself and my wallet.

So I ask buyers to beware of EAs using unrealistic spreads of 1 or even 10…remember, it’s points, not pips. Best exchange rate for usd to inr It’s your money on the line, please don’t waste it.

I am agree with you observation and a addition to your saying for buyers especially,don’t buy any EA before to test it live on demo,these all shown results are just attractions,never reality and a lot more games and tricks can be applied that you will be find when on live trading … Convert hkd to usd so a saying to developers,plz let buyer a demo trial for limited time.


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