Why do 99% of eas or most trading robots (EAS) fail ?

https://profitable-expertadvisors.blogspot.com/2018/06/why-do-most-trading-robots-eas-fail.html

If a trader makes a breakout ea , it will fail when there are no breakouts.

If a trader makes a trend ea , it will fail when there are no trends.

If a trader makes a ranging ea , it will fail when there are no ranges.

The above are only 3 out of 100 different conditions for trading

look at youtube videos on factory robots, robots in mercedes factory, robots in bmw factory.Do a google search as follows, click and observe how many robots are used to make a car, then apply logic to market conditions for trading 100 different market conditions logic.

It is inevitable , every robot fails sooner or later, when market conditions change.

 
If a trader makes a breakout ea , it will fail when most breakouts fail.

If a trader makes a trend ea , it will fail when 80 % fail at trend trading

If a trader makes a ranging ea , it will fail when there are trends.




 

There are dunning kruger novices making EAS using technical analysis


There are some investors who believe they can profit by finding patterns in historical stock prices or trading volume. These investors are attempting to profit from technical analysis. Kevin Grogan, my colleague at Buckingham Asset Management, reviewed some evidence on these strategies and found that these investors could probably find a more productive use for their time.

A recent study by finance professors at Massey University in New Zealand examined more than 5,000 technical trading rules to see if they added value. The authors found "no evidence that the profits to the technical trading rules we consider are greater than those that might be expected due to random data variation."


Using stuff learned from amateurs and unprofitable traders.

https://www.earnforex.com/forum/thr...failed-traders-blind-leading-the-blind.30863/

https://www.earnforex.com/forex-e-books/advanced-forex-trading/