How a spark of strategy turned into a full-blown trading robot—with a few coffee spills along the way.
🎬 Act I: The Idea That Refused to Sit Still
Every EA starts with a whisper. This one began with a stubborn market pattern I couldn’t ignore—EURUSD bouncing off a mid-range support like it owed rent. I thought, “What if I could automate this bounce logic, but with a twist?” Enter: the concept of a reactive EA that doesn’t just follow price, but responds to volatility like a caffeinated squirrel.
🧠 Act II: Strategy Meets Sanity (Sort Of)
I mapped out the logic using DrawMyEA’s visual builder. No code, just clean blocks and logic flows. The EA would:
- Detect volatility spikes using ATR thresholds
- Wait for price to retrace to a dynamic support zone
- Confirm with a momentum filter (RSI + MACD handshake)
- Enter with a tight SL and trailing TP based on fractal pivots
Sounds elegant, right? Until I realized my momentum filter was so strict, it rejected every trade like a bouncer at a VIP club. Back to the drawing board.
🧪 Act III: Testing, Tinkering, and Talking to Myself
Backtesting revealed the EA was brilliant… in 2017. In 2023? Meh. So I added:
- A time filter to avoid news hours
- A spread guard (because brokers love surprises)
- A “rage quit” function—close all trades if drawdown exceeds 5%
I ran it through Strategy Tester, and voilà: a 62% win rate with a 1.8 profit factor. Not bad for a robot that started life as a napkin sketch.
🎨 Act IV: Giving It Personality
You know me—I can’t release an EA without a face. So I gave it a name: BounceBot. Then I commissioned a cartoon version: a spring-loaded robot with googly eyes and a jetpack. Because why not?
I also wrote a whimsical tooltip for each parameter:
- “Volatility Threshold: How spicy should the market be before BounceBot jumps?”
- “Max Drawdown: When BounceBot says ‘Nope, I’m out.’”
🚀 Act V: Lessons
The real win? I learned that even the best strategy needs personality, flexibility, and a touch of chaos.
💡 Final Thoughts
Developing an EA isn’t just about logic—it’s about storytelling. Every parameter tells a story. Every trade is a plot twist. And every bug fix? A blooper reel.
If you’re building your own EA, remember:
- Start with a clear concept
- Test like a maniac
- Add personality (yes, even robots deserve flair)
- And never underestimate the power of a good cartoon