It is time for me to share my experience with EA Studio.
I have found the Forex Academy after some struggling in my trading…
First I lost one account trying to trade manually…I used three strategies that I bought, but I did it all wrong – missed many entries, risked a lot from the account, and finally, I got the margin e-mail from the broker.
Second, I found one developer online and I sent him the strategies to make the EAs. He charged me 250USD for each one, so totally I paid 750USD. This took one month and 10 days. I was so happy when those were ready, and I just placed them on a new live account, because I Was sure that profits will be there. The account started to lose, and then I just stopped. I was so frustrated, no Idea what was wrong because I believed in those strategies. Obviously, they were sold to me in a very promising way.
I found a video in YouTUbe how to make backtesting in Meta Trader, and when I did it, I realized the hard truth, these strategies were losing.
I tried to optimize them, but without result.
Anyway, at that moment I realized something very important. That having an EA for one strategy is the only way we can understand if this strategy is profitable or not.
After that, I started to look for education about creating Expert Advisors without IT knowledge, because I am not an IT girl. This is how I found the courses of Petko and the Forex Academy.
I took 3 of his courses here, and they were exactly what I needed.
After that, I took EA Studio and FSB Pro. Now I am focused on EA Studio and hopefully, next month when I have a bit more time, I will work on FSB Pro.
So what is my experience with EA Studio so far:
- I can export the strategies as Expert Advisors, so I do not need to pay developers. Imagine I gave 750 for 3, not profitable strategies.
- I can see the results of the strategies before exporting them, not after creating them(what happened with me)
- I can generate profitable strategies without having any strategy as a base. The generator for me is the coolest thing with EA Studio.
- I can create an unlimited number of strategies, and export them all as EAs
Of course, I learned a lot from the courses because there are many tricks that Petko shares. Yesterday I took his last course with the AUDUSD where he shows how to use the EA Studio to avoid Demo trading. I liked it, and I will try this method for my currencies with small 0.01 lot.
So if someone reads this post before starting manual trading, I think I will save you a lot of time and money :)
As a conclusion, the automated trading Software EA Studio is the best choice I have done in trading so far, and it worths the money, because I do not need a developer, and I know which strategies to use.