Building an EA: what's your process?

Turning a manual strategy into an expert advisor forces precision — every ambiguity becomes a coding decision. The process improves the strategy even if the EA never trades live.

Building an EA: what's your process? — risk-reward diagram
A risk-reward ratio of 1 to 2

Have you automated?

  • the strategy you codified and how it changed
  • the platform and language you used
  • the surprises the backtest revealed
Building an EA: what's your process? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The signals and bots guide covers the commercial EA pitfalls.

Background: Trading signals, copy trading and bots: the risks and the red flags

Paid signal groups, copy trading and 'AI' trading bots promise shortcuts. What regulators including the CFTC and FCA warn about, the red flags, and what to ask before paying or connecting an account.

Are forex signal groups legit?

Some are run honestly, but most can't show a complete, independently verified track record, and many free groups are used to steer people toward scams. Guaranteed returns and pressure to deposit with a specific broker are red flags.

Is copy trading safe?

It can be offered legitimately by regulated brokers, but copying doesn't remove risk. A trader with smooth returns may be using high leverage or adding to losing positions, which can end in a large loss.

Read the full guide

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