To make a decision to open an order, EA uses the following parameters in its analysis:
- Input parameters (TickVolume, TickPulse, Calc method and etc.)
- Trading conditions (Ping/Spread/Speed of execution/Slippage/Os speed etc.)
- The quality of a broker’s tick stream. Tick density, the higher the better.
- Trading platform.
- Sometimes even the build of the trading platform can affect the quality of EA.
Here I show and tell you the results of the ELM EA when working with different brokers.
These results are achieved by me, on my trading accounts, on my servers, with the trading conditions that were provided by the broker for my account, with the settings that I set up on my account.
If I see that the situation in my account deteriorates or the trading results differ from what I would like to get, I change the VPS server, change the EA settings or change the trading modes of the algorithm.
In the aggregate of all these factors that I described above, the results between your and my trading account may be different. In some cases you may have more profitable trades, I may have more losing trades. You have no trades, I have trades. You are in profit, my account is in loss or vice versa. Trade results may differ completely or differ by 30-40%.
This is scalping based on tick volume analysis. Identical trading results, you can get only if your Expert Advisor trades on the principle, opening a new trade on a new candle. When trading with the ELM EA it will not work like that!
Even if I try to achieve two identical trade reports from different trading platforms. I will most likely fail.
I am a trader just like you. I do not know where the market will go, I only trade with the tools I have. All the information I need is on my resources.
So, if you have no trading experience, if you just came to study Forex – start studying this market with the simpler algorithms. Simpler algorithms, that’s exactly where you need to learn algo-trading.
If you downloaded one of the ELM EA versions and you can’t achieve exactly the same results in your account when trading from your home PC, you shouldn’t write me angry letters and accuse my algorithm of not working for you.
Try to figure it out on your own or just email me and I’ll help you!)
Best Regards
Jared Winston @develonbot
