Long-term stable profitable EA
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Is there really an EA that can make a long-term stable profit globally?
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Thats is a good question, answers interest me .
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If you find one, please let me know.
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Generally, markets are efficient and there are no obvious methods to make riskless profit. If someone does find an inefficiency and they publish the finding, the market will correct itself and become fully efficient again.
This is why you will not find a public profitable EA. If you manage to make a truly profitable EA, there is a limited amount of profit you can make with it. It's not very sensible to give this profit away for others, for free.
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@roar
Is that why you deleted the topic where you showed your EA ? : )
I am struggling figuring out how it works though, this correction, does it come from institutional market makers, always looking for counterpart to make smart money ? -
@seb-0 I made that topic as some sort of collaborative project, but people seemed to just trade it without realizing its risks. I don't want to mislead anyone, I did put kind of a clickbaity title for it...
The correction: A truly profitable buying opportunity means that the fair price is above the current price. The people who know about this "mispricing" will generate increased demand (by buying) which drives the price towards the fair level again.
I think most of those "people" are institutionals, as they have the best statistical models to find these pricing anomalies.
(Of course Fxdreema gives some chance for us as well) -
@roar
I see, it actually hasn't been useless because i'm using in my current project one of the indicators you used in it.. sort of.
Ok, then when a move happens in a particular situation always in the same way(caused by a bot for exemple), their statistics highlight it, and then they anticipate it before you can gain profit from it again ? Bringing it at the new fair price -
@seb-0 I'm glad you got something out of it!
I'm just stating the general theory - the market is usually fairly priced, and only the fastest (and smartest) can profit from steering the market to the right direction. The market needs those guys for the price discovery: https://www.investopedia.com/terms/p/pricediscovery.asp
How this is done in practise - there is surely many ways and I'm not gonna pretend I know every one of them.
One way is through mql4 and backtesting, but the institutionals probably have something more optimal -
@roar
Yes i understand, i am learning mostly from this website as well.
Thanks for clarifying that's good to know!
