Topic: Has anyone used FSB EAs on REAL ACCOUNT?
I am a newbie in creating EA, but found FSB interesting with a lot of capabilities. FSB was interesting for me because I have had an experience with similar software that was being used for prediction of productivity of oil and gas plants based on the reliability of the equipment installed. I think the concept of both software is the same. Initial real data is taken by software with some defined parameters. (For FSB, the data are the OHLC prices and parameters are defined in the indicators and open/close points etc) then the software is run for some times and all the probabilities are calculated then with some changes in the parameters, the results are optimised.
First: I see a lot of discussions (professional technical) in this forum but have not yet found any good feedback of anyone to say they have used FSB EA on a real account and has got results at least close to the tests they have done before running the EA on a real account.
FSB seems to be simulating a balance/equity curve that will suit for a period of time on a specific currency pair. However the Forex market has repeatable patterns but I am wondering why for example, when an EA has good results for one-year price data, it's not working well for example for two month period, or not working good on other currency (not cross currencies), if anyone have good experience please share.
After sometimes learning how to make almost acceptable EA that makes backtest results on MT4/5 close to the results showing on FSB Pro, I tried to run the EA on live demo, I faced with a big problem and it was that the number of trades on the live demo was not the same as trades that backtest for that period showed. However, I was replied by some experts that something like exponential or weighted MA may have caused that issue, but I am still wondering why FSB make such EA with those parameters, also such parameters are themselves as part of MT4/5 default setting for MA.
As I mentioned earlier, I am a newbie and if someone really has good experiences with a real account, I appreciate you to share some ideas.