Best posts made by sami92

I am not saying that I am an expert or something like that, as a matter of fact I am a below average trader and an average fxdreema user, I can't begin to compare myself to some really amazing people here (like miro1360, Roar, fxdreema Administrator, and some other guys)
But still I am gonna go ahead and say it.

Please don't waste your time on creating expert advisors based on traditional/typical trading strategies out there. Those strategies don't work and the expert advisor based on those strategies won't work either, believe me I have wasted a lot of time on em

Instead of those traditional strategies you should Think out of the box, think of something crazy , something original, something that's not out there, that's the only way to make a profitable expert advisor, think of some crazy contingencies if the trade goes against you,
Indicators are mostly not worth the time and effort, so only use em for a bit of reference, don't base your system solely on those indicators, it won't work

I am saying this from experience, I honestly wasted a lot of time, now that I have understood this I finally succeeded in creating something good, and I am not saying that the crazy approach that I used will work for you guys as well, everybody have his/her own style of trading and his/her own understanding of the market so try to develop the expert advisor from your own understanding of the market instead of those indicators, or those strategies that are out there, I have spent years trying to make something good, but I had failed so many times that I gave up every once in a while, but kept pushing myself, so I would suggest you guys to do the same thing, you won't find any profitable strategy on the internet, the only place you will find a profitable strategy is in your head.

Keep staring at the plain charts if you have to, you never know what your brain might pickup, a pattern, a certain price action, some kind of number game, or anything, but in the end it will be your strategy and you can make it profitable as the time passes, and once you find something by observing the market, never let it go even if it's not good, just keep improving it until it's perfect
Because it has worked for me and I certainly hope that it will work for you too

Stay hopeful and never give up.
Peace out ️

@roar said in Finally succeeded!!!:

@sami92 Thank you for the reply! I hate to say this, but the statistics are very alarming: 33 trades and already 25% drawdown. Think about it, how likely it is that a 90% drawdown happens before your 100th trade? A 10% probability? 15% probability? How much risk are you willing to take?
I absolutely agree with you about that, but, it can be taken care of by using a small lot size, 0.20 is relatively big size for account so small, it's madness if you ask me
I'll get the lot size figured out, soon enough.
I was actually thinking about % of equity or % of balance as a lot size, but that didn't fit well enough with the equations I used in the system, no worries the difficult part is already over, I just need to amend the equations to sit well with % of balance or equity

UPDATE:
I am gonna change few things (equations) to minimize the drawdown as much as I can, so I am gonna stop the live trading test (test That I am currently running on live account that I have mentioned in previous post), and during the modification period I am gonna run the test on demo account, and I will post the myfxbook portfolio link for that account once I set it up.
It could take a little bit time because I have to keep the balance between my university study, my job, other responsibilities and Trading related stuff.
Will update this thread as soon as possible.

Ahhhh, man it was a long journey,
No, let me rephrase it,.... it's been a very long journey,
and finally some success.
finished making a robot about 2 days ago and right now it's being tested on a demo account, it's showing some potential, 5.42 % return in just 2 days, (I know I have to keep testing it for a long time)
5.42%!! In 2 days! Well it's not much but atleast it's safe After hundreds and hundreds of making failed EAs, and thousands and thousands of hours of effort spent in trying to make a stable EA, but failing again and again countless times, and then thinking of giving up time after time, and then pushing myself to give it another shot, again and again an again and again.........
Man it feels good....
Well for those of you wo has already made a good EA I congratulate them and I can proudly say that I know the feeling now ,
and those of you who are reading this post, and haven't came up with anything good, please don't give up, because you don't know when the moment will come, when something just clicks in mind and you will start to see things clearly.
well, you just have to keep trying till that moment comes, and once that moment come you will know that it was all worth it.
If I can do it then you can do it too.
And last but not least, Thank you fxdreema providing for such an amazing and brilliant platform, it wouldn't have been possible without you.
Thanks
Kind regards