GPS Forex Robot Review - Forex Robot Expert

I made my first profitable Robot and i have some questions.

I posted this in forex but they told me about this reddit so i will post it here
i have been trading forex for 2 years, tried most of the things out there but still lost my first 2 live accounts
i quite my job 3 months ago so i can be free to explore the possibilities of succeeding in this market and in this period i realized robot trading would be better for me, why?
Technical Analysis require me to be looking at the chart a lot and manual trading in general require my presence at a specific time for the trade to be a good entry, and i lake the discipline for that unfortunately.
On the other hand if i have a strategy with Specific rules then there is no point in manual trading, i can program the robot with my rules and it will do the trading for me and it is way faster to find a bad strategy through the back test and move on to continue searching for a good one.
these are my point of view on that matter please tell me what do you think about it.
Now After Exploring with my old and new strategies i found a strategy that i think should work depending on the backtest results,
if you have experience with EAs Please Review it and tell me if i should go live with it
the strategy only Works on USDJPY M5 time frame, WHY??? I keep asking myself Why would a strategy only works on a specific time frame on a specific pair and won't work on any other pair even the jpy pairs won't succeed with them, i can't understand it, WHY?
the strategy is based on price action with couple of indicators so why it performs different in different pairs?
here is the 10 Years back test results from (20 August 2007 to 20 August 2017).
http://i.imgur.com/JOIMyGn.png
and here is 5 years back test from 20 August 2012 to 20 August 2017
http://i.imgur.com/NpzKKxZ.png
is this a good result to go live with the strategy?
I back tested it with average spread, and found out if i change the spread the results change, why?
I risk only 1% per trade and i have a fixed 2.67R per trade and it's averages a trade a week
should I increase the risk maybe to 5-10% ?
and what is the minimum capital for a strategy like this?
sorry if there are stupid questions i am still new to EAs idea, and if you guys have any other tips please share it, thanks.
submitted by PhDinWastingTime to algotrading [link] [comments]

Traders who depends on ROBOTS, i have some questions.

i have been trading forex for 2 years, tried most of the things out there but still lost my first 2 live accounts
i quite my job 3 months ago so i can be free to explore the possibilities of succeeding in this market and in this period i realized robot trading would be better for me, why?
Technical Analysis require me to be looking at the chart a lot and manual trading in general require my presence at a specific time for the trade to be a good entry, and i lake the discipline for that unfortunately.
On the other hand if i have a strategy with Specific rules then there is no point in manual trading, i can program the robot with my rules and it will do the trading for me and it is way faster to find a bad strategy through the back test and move on to continue searching for a good one.
these are my point of view on that matter please tell me what do you think about it.
Now After Exploring with my old and new strategies i found a strategy that i think should work depending on the backtest results,
if you have experience with EAs Please Review it and tell me if i should go live with it
the strategy only Works on USDJPY M5 time frame, WHY??? I keep asking myself Why would a strategy only works on a specific time frame on a specific pair and won't work on any other pair even the jpy pairs won't succeed with them, i can't understand it, WHY?
the strategy is based on price action with couple of indicators so why it performs different in different pairs?
here is the 10 Years back test results from (20 August 2007 to 20 August 2017)
http://i.imgur.com/JOIMyGn.png
and here is 5 years back test from 20 August 2012 to 20 August 2017
http://i.imgur.com/NpzKKxZ.png
is this a good result to go live with the strategy?
I back tested it with average spread, and found out if i change the spread the results change, why?
I risk only 1% per trade and i have a fixed 2.67R per trade and it's averages a trade a week
should I increase the risk maybe to 5-10% ?
and what is the minimum capital for a strategy like this?
sorry if there are stupid questions i am still new to EAs idea, and if you guys have any other tips please share it, thanks.
submitted by PhDinWastingTime to Forex [link] [comments]

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