trueblueTEX wrote:prochargedmopar wrote:trueblueTEX wrote:prochargedmopar wrote:Get a grip, ea's can't think/feel/or adapt on the fly.
I know they can't think/feel or adapt on the fly. There is no adapting in a 10 pip or Margin-call plan. The ONLY thinking is in the original buy or sell.
An EA can easily test this method since in a trading simulator, you can invoke the buy or sell (the only chance you get to think in this plan) at the appropriate time!
10 pips or margin call, run it again and enter the market at a different time.
Buy this time, instead of sell.
The purpose of the EA is not to trade the system, only to check out the viability of your MM scheme.
You have a MM idea that can be easily back-tested, that's all I'm saying.
Your dead wrong.
Sorry, Answer me how the hell an ea can know at what type of momentum or speed price moves to a certain level...or how it acts just before it hits a level.
Or best of all, you think an ea can read market sentiment? Does an ea have any s**t idea what is going on in the geo-politcal arena?
Does an ea know if the market is in a trending environment or has been ranging for days/weeks/months?
No, No, and Nope.
An EA will NOT back-test a discretionary trader with any accuracy at all.
Try it on momo/50% re-trace and see what happens.
The ONLY THING you had in your original MM idea that was DISCRETIONARY was the WHEN you made your order. After that it was 10 PIPS or Marginal CALL!!!!
I SAID you can use an EA to BACKTEST whether your MM idea is worth a s**t OR NOT!!!!!
I didn't say ANYTHING about using an EA to trade.
To BACKTEST YOUR MM IDEA!!!
I didn't say a f&#*g word about using it to ENTER the trade.
Ok, lets play nice.
How can you use something to backtest entries/exits if it doesn't know when to enter or when not to enter?
You might as well scroll through the charts yourself...but even that would not work because there is a huge part of trading that you cannot see without price moving.
Each and every trade is totally different. It's NOT backtestable.
(is that a word?)