What does it take to build a stable Forex business? The answer is simple - robust EA!

In this episode, Petko speaks with Andreas, the developer behind Market Master—one of the most robust Expert Advisors tested at Algo Trading Space. They dive deep into what it takes to build a stable, long-term trading robot and how Andreas turned his passion for trading into a full-fledged business with his own product, website, and growing community of traders. The discussion covers everything from overfitting and backtesting with Monte Carlo, to handling drawdowns with limited grid recovery, and why most traders fail due to emotion and discretion. Whether you're a manual trader transitioning to automation or looking for the next reliable EA for prop firms or live accounts, this episode offers practical advice, real experience, and honest insights into what makes a good strategy stand out in today's algo trading world.

⭐️ Check out BlackBull on a demo or live account: https://link.eatradingacademy.com/IyEAf

Get a MASSIVE 90% off the required deposit for an Institutional Account using this link and get an ECN Prime account with a minimum deposit of $0.

💎 To test the EA from Andreas, click here: https://link.eatradingacademy.com/RDrud

Use Coupon PETKO20 to get a 20% discount for the Expert Advisor.

🔥 If you want a single license for the Market MAster EA, check out our Zero Cost EA program: https://algotradingspace.com/free-ea

Chapters:

00:03:29 How Did You Build the EA?

00:05:25 How Do You Test for Overfitting?

00:06:31 What We Look for at Algo Trading Space

00:07:35 Good Forex Strategies Start with Good Ideas

00:07:55 What’s the #1 Thing Traders Should Look For?

00:08:34 Return-to-Drawdown Ratio of Market Master

00:09:03 How Market Master EA Differs from Other Grid Systems

00:10:41 Was the Forex EA Built from Idea or Backtest?

00:12:20 What Initial Balance Do You Need?

00:12:51 What’s the Bare Minimum to Start Trading?

00:13:39 Sponsored Segment: BlackBull

00:14:29 Manual vs Algo Trading

00:15:12 Were You Profitable as a Manual Trader?

00:16:28 Tips for Beginner Traders

00:16:54 Do You Trade Only Forex or Stocks with EAs?

00:17:34 Turning Expert Advisor Passion into a Business

00:18:44 Trader Feedback on Market Master

00:19:21 Is Market Master EA Prop Firm Compatible?

00:20:27 Are You Developing More EAs?

00:21:01 Why Jeff Bezos Inspires Me

00:21:41 Final Advice for Viewers

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✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded

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https://platform.algotradingspace.com/forum/

⚠️Do your due diligence about which EA or strategy you will use for trading.

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✔️ Thanks for watching this podcast titled "I Helped this EA Developer Build a Successful Business."

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⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly.

FTC Disclaimer: This video is sponsored by BlackBull Markets

Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money.

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