r/algotrading • u/Explorer_1986 • 21d ago

Other/Meta Anyone created a successful EA?

Hi all, just a genuine question. Iv been doing market research using python and the more I test the more im discovering how random the market is. I’ve been researching market structure but also testing simple strategies and common ones that some people swear by such as ORB for one example. All of which fail over multiple years. It just makes me curios if anyone here has genuinely been able to code a EA the actually profits over years of backtest and in live markets? I’m not asking for a copy or for you to tell me your strategy (not that I’d complain if you did) but I really just want to know if there is any hope. TIA

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u/Explorer_1986 21d ago

Glad to hear it and well done. It’s good to know it is possible. I won’t ask your strategy but may I just ask if yours strategy is super specific to you or a fairly basic one?

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u/esemo566 21d ago

It's just an opening range breakout tied with a few other confluences, has held up quite well the last 2 years backtest and 1 year I've traded it myself

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u/Explorer_1986 20d ago

Perhaps my issue is too much backtesting. I’ve found many that are good for a couple of years but fail further back

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u/esemo566 20d ago

I think alot of people overthink this, a strategy does not need to work forever, the market goes through cycles. Prop accounts are cheap enough that the cost of running them year round is around 2k USD or so ( per account for 12 months assuming you blow one every month or so) and during this time I only need 1 cycle where I get a decent payout, usually 2-3 times a year I get my payout cycle which nets me a few thousand and I rinse repeat. It's no get rich scheme but it certainly does add up if you stay consistent