If you want constant profits, you need an EA that adapts to different market conditions, and that is not easy to achieve.Most EAS only work well in very specific trends.I recommend that you use your skills to create an EA, but remember that there will always be situations that require your direct supervision.Leaving an EA without control is a recipe for unpleasant surprises.
Many traders seek to automate their strategy to earn money while sleeping, but in reality, even the best EA needs constant adjustments.Market conditions change and a fixed EA can quickly become obsolete.I advise you to try to develop a flexible system, and that you try in a demo account for a few months before thinking about operating it with real money.
What you want to do sounds ambitious, and as a software engineer you have a great advantage.But do not underestimate the market.Even EAS with well -defined rules may fail in unexpected conditions.If you really want it to work, make sure that EA can adapt to changes in tendency and volatility.Having an EA that only works under certain conditions is dangerous in the long term.
It is possible to create an EA that allows you to operate without always being in front of the screen, but it is not a guarantee of success.The EAS tend to follow patterns, and the patterns in the market change.Start little by little and evaluate how the EA responds to different scenarios.It is the only way to learn to trust the system without risking too much.
The idea of ??automating trading is tempting, but the execution is complicated.An EA is not infallible and depends a lot on your parameters and adjustments.The market is capricious and constantly changes.If you decide to try, see the EA with time and do not trust that you can operate autonomously for long periods without supervision.
Creating an EA is an excellent idea to optimize time, but remember that you will still need to make adjustments.I have seen many eas become obsolete in less than a year because its rules did not adjust to new scenarios.The ideal would be to use your EA as support, but never let it operate without checking.Forex can be unpredictable and an EA does not always detect those subtle changes.
I also thought that automation would allow me to earn money without being stuck to the screen.But the EAS that work well in Backtesting are not always so effective in real market situations.My advice is that you start with a demo account, and when you see that it is stable, you decide if it is robust enough to operate in a real account.Do not trust the "configure and forget."
If you have a good strategy and you know how to program, an EA can be your best tool.But you should know that not all EAS resist market variations.Remember that EAS must be reviewed and adjusted periodically.There is nothing worse than discovering that your EA continues to operate based on an obsolete strategy while you are not present.
Automation is an excellent goal, but you must be realistic.EAS operating in autopilot can fall into market cheats.Be sure to include tendency filters and conditions in your EA so you don't operate irresponsibly.Many eas that seem good on paper can fail in unexpected situations.So use it as a tool, but don't trust yourself blindly.
Having an EA that operates automatically is an excellent idea for those who cannot always be aware.However, most EAS have a time effectiveness limit.Always prove in demo and make sure how to behave in moments of high volatility.If you are able to resist these conditions, then you may have something solid.
Posting Permissions
Reply With Quote