And how it looks like? We wrote something else except of information about the event and the dates? May be we selling something, a? Everything is simple: we are along with the Sponsors spent money to organize and conduct the ATC. We do not earn money on this event. We just spent them. Participation is free of charge. Nice picture, you can hang it in your bedroom, lol. BTW, who are you? Are you working on ET or just... walking here?
imo, the championship information is interesting for any visitor that lurks around ET. traderzones is the typical frustrated chump that posts all kinds of crap on ET in a hopeless attempt to cry for some attention after being beaten up by the market one more time. the main reason he went nuts over the championship was that it reminds him of what a loser he is.
If it exists such solution, IBM would have invented. IBM can build the supercomputer, why not super algorithm? If they can but didn't do it, that's because they are ordered by the government to shut up to avoid killing the market and therefore the economy as a whole. Trading is 95% psychology. Proof? Everybody will easily succeed in paper trading, no psychology involved. But when it comes to real money then the opposite will happen, psychology got involved. I believe semi-automated trading is sounding, but fully automated is something ridiculous.
On the website of the Automated Trading Championship 2008, an article by Rashid Umarov "Zero Returns Diagram" has been published. There is a lot of various approaches to estimation of trading strategy efficiency. You can consider both the operations of one individual Expert Advisor and the trading results of a group of EAs. Rashid Umarov studied the approach proposed by Mikhail Korolyuk in his article "Be In-Phase" and used his method to analyze the trading results of the Participants of Championships 2006 and 2007. The trading strategy estimation methods proposed in Mikhail Korolyukâs article âBe In-Phaseâ is certainly interesting and informative. Although we have received more evidence that there is no simple formula of creating a âholy grailâ in trading, we can see that profitable strategies are easily identified using zero returns curve. Moreover, we can assume with a certain degree of confidence how the profits were obtained when trading with one or another strategy. For this, it will suffice to see in what chart area the strategy is located when analyzed according to the above methods. A strategy may produce frequent profits, but the average profit will be quite small as compared to the average loss. A strategy may produce rare winning trades, but then the average profit must significantly exceed the average loss. Or it can be a strategy ranging somewhere between the two above. The article was published on the website of Automated Trading Championship 2008 in the News section.
Your point of view undoubtedly have a right to exist. And we do not start any Holy War like "Manual Trading VS Automated". We are just making research in this field of Auotamated Trading and trying to find out where is the borders of EAs. And we got some results. Winner of ATC 2007 (http://championship.mql4.com/2007/users/Better/reports) made 1300% for 3 months. I think its not a bad result and AT got a future. What do you think?
Maybe and maybe not. Anyway all of you can track (and participate in) the ATC and find the answers to your questions, confirmations or refutations of your theories. Thats exactly what we do: we just show the Automated Trading as it is. And all of you can use the information from ATC, analyze it and make some conclusions. Regards