**Tips & Tricks**

In In this section, I will describe to use the filters the best way to get you relevant EAs for your needs.

*Procedure for filtering the EAs*

To minimize the risk, you should at least achieve a safety factor of 20 or more. 10 EAs corresponds to an average safety factor of 2 for each EA. Depending on your wallet, you might first think about how much you want to deposit about as an account deposit. In my opinion, at least $ 500 should be deposited as an account deposit. Nevertheless, a small margin should still be possible upwards, if this results in a better result. For the investment of EAs you can also decide later because a very large margin is available.

*Note: The following filter procedures are only examples. You can always use your own technique to find a way to get even better results.*

__Filter procedure Account deposits up to $ 500:__

*In this filter selection we used those values whose backtest was determined by us and we introduce the cheapest version based on the MT4 Pact where EAs are available for around $ 0. By default about 10EAs should run, and about $500 should be deposited as an account deposit. The safety factor after the first year should have a total from at least a factor of 20 and the optimized largest annual account decline should not in total be larger than the account deposit.*

1. Filter selection test year 2017 (self-test). For test results by the developer, the test year would have to be set to no higher than zero.

2. Filter is the safety factor that should have a total factor of 20 of all activated EAs. Through experiments the filter setting was determined of not less than 2 for a single EA.

3. Filter is the number of test months of an EA whose test period should not be less than 10 months.

4. Filter is the safety factor after the first year which should be at least a size of 2 and is the same size as the safety factor.

5. Filter is the stability factor after the first year which should be at least the smallest magnitude of the stability factor.

6. Filter Selection of all trading robots which are available with the lowest price per year around $ 0.

7. Filter is once again the stability factor after the first year since I am not satisfied with this value, I increase this factor to 8, so that the smallest number of trading actions per year is increased from 2 to 28. With this filtering I have 10 EAs left over. Unfortunately, the optimized largest annual account decline of $ 609 is still too big because I would like to reduce the $ 500 deposit.

8. Filter Opt. JKonto-R is the highest amount of account contraction of an EAs $ 120 which is filtered out so I come with the optimized largest annual account decline in total under $ 500.

Optionally, I could also enter a value of $ 500 with the Filter Optimized Account Deposit but with the result that I only get eight more EAs.

*Result of this filtering in one year*

This filtering identifies 9 EAs that meet these criteria

The optimized largest annual account decreases in total of $ 489

The total annualized profit is $ 1691

The safety factor in total after the first year has a factor of 31.5 including the decimal places. Unfortunately, the sum results of the filter can only be calculated by the sum of the integers so that the sum function of the filter gives an output value of a factor of 27.

You can see, that you are working with a very high level of security and still make a profit of over 338% of the account deposit in one year.

__Filter procedure without optimizing account reductions:__

*Requirements:*

Your desired account deposit is $ 5000. Investment costs for EAs should not be more than $ 500 for safety reasons 10EAs should run.

1. Filter selection test year is not higher than zero. In the case of a self-test, the test year would have to be entered with the respective year from to!

2. Filter is the safety factor that should have a minimum factor of 20 in total of all activated EAs. The filter setting was determined of not less than 10 by experiments.

3. Filter is the number of test months of an EA whose test period should not be less than 10 months.

4. Filter is the safety factor after the first year which should be at least the same size as the safety factor. In our case this would be the factor 10.

5. Filter is the stability factor after the first year which should at least be greater than the stability factor.

6. Filter is the largest account decline after one year and should be higher than $ 50 but not higher than $ 500. The $ 50 is used to limit the trading volume up of each EAs. As a reminder, the profit after one year with a safety factor of 10, 10 times higher value than the highest account decline after one year. But this also means that, the higher the account decline, the higher the profit for the same security factor. With 10 EAs and a deposit of $ 5000, the largest contraction in the total should not exceed the deposit. This means that with 10 EAs, the largest account decline of each EA is on average, no higher than $ 500. Since these large account reductions of the various EAs occur at different times, a 10 to 1 security cushion is provided between account deposit and the highest account decline.

7. Filter Selection of all trading robots which are available with the lowest price per year in total with $ 500. Trials have determined a filter setting below $ 90.

8. Filter is once again the stability factor after the first year which I increase so far that only ten more EAs remain.

*Note: Sometimes the developer did not specify a trading volume, so optimized filtering is not possible. But with this filtering it is also possible, to find EAs that perform well. The drawback with this method is the unknown size of trade, that an adjustment of the highest account reductions by the change of the trading volume must be made more difficult or by self-test, in order to provide a correct security cushion.*

*Result with this filtering in one year without optimizing the account reductions*

This filtering detects 10 EAs that fulfill these criteria

Lowest Price per Year for 10 EAs $ 299

Lowest Price for 10 EAs $ 169

The highest account decline after the first year in total is $ 2271

The total annual profit is $ 63,724

The safety factor in total per year is 266

__Filter procedure with optimization of account reductions:__

*Requirements:*

Your desired account deposit is $ 5000. Investment costs for EAs should not be more than $ 500 10EAs should run for safety reasons.

1. Filter selection test year is not higher than zero. In the case of a self-test, the test year would have to be entered with the respective year from to!

2. Filter is the safety factor that should have a minimum factor of 20 in total of all activated EAs. The filter setting was determined of not less than 10 by experiments.

3. Filter is the number of test months of an EA whose test period should not be less than 10 months.

4. Filter is the safety factor after the first year which should be at least the same size as the safety factor. In our case this would be the factor 10.

5. Filter is the stability factor after the first year which should at least be higher than the stability factor.

6. Filter the optimized account deposit with 10 EAs should be higher than $ 500 but not higher than $ 5000. Again these $ 500 serve to limit the trading volume.

7. Filter Selection of all trading robots which are available with the lowest price per year in the sum of $ 500. Trials have determined a filter setting below $ 90.

8. Filter is again the stability factor after the first year which you increase so far that remain only ten more EAs.

Now we want to adjust by calculation, the amount of account reductions of each EA by changing the trading volume and at the same time change the account decline in total of all 10 EAs until the account decline in total is not higher than $ 5000.

For this calculation, download the file “Spreadsheet Calculation”. This calculation table is available in Open Office as well as in MS Excel.

Spreadsheets Calculation in Open Office

Spreadsheet calculation in MS Excel

__Short description Table of expenditure calculation__

1. Enter the filter values Opt.Einl., Opt.HV, Opt-JProf, and Opt-JKonto-R in the yellow input fields of the Output Calculation table.

2. Now enter the value of the desired account deposit in the blue field which serves for regulation.

*Note: Since the smallest trading volume is not less than 0.01 lot and no further decimal places are possible, the regulation in the blue field only reacts rapidly which means that the output area only responds when the value change in the blue area of the input area is high enough.*

3. Enter a lot limit in the green field. The default value for this is 0.99 lot

4. Change the value in the blue box until the red box in the Opt-J Account-R output value does not appear higher than $ 5000. Then you receive the optimal trading volume, the optimal annual profit __in total__, as well as the optimal highest annual account decline __in total__ per year.

*Result of this filtering in one year with subsequent calculation*

This filtering detects 10 EAs that fulfill these criteria

Lowest price per year for 10 EAs $ 325

Lowest price for 10 EAs $ 200

The optimized highest annual account decrease in total is $ 4,865

The total annualized profit is $ 98,443

Safety factor in total per year is 192