4000% profit in 6 years but started lossing last year

 

my ea made about 4000% in 6 years but started lossing last year please can someone help me check the ea and see if there is something wrong with it. it uses daily time frame gbpusd and places many trades with 5 pip stop loss and 25 pip take profit

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S

My reading of this EA is that is a trend-following system.

GBPUSD has not had a strong trend going since Oct/Nov 07 - after some years of strong trends...

Guess the EA lost the plot during the last quarter last year?

As a quick if small improvement, I would change the MACD parameters to be extern variables and try some different values from the defaults...

For a better job, it needs some work to stop it opening positions when the trend is too weak or the range too small...

Perhaps look at combination/s of ADX, ATR, StdDev, VHF etc

FWFW

-BB-

 
could we see some results at http://www.earesults.com ? in real time?
 
BarrowBoy wrote >>

S

My reading of this EA is that is a trend-following system.

GBPUSD has not had a strong trend going since Oct/Nov 07 - after some years of strong trends...

Guess the EA lost the plot during the last quarter last year?

As a quick if small improvement, I would change the MACD parameters to be extern variables and try some different values from the defaults...

For a better job, it needs some work to stop it opening positions when the trend is too weak or the range too small...

Perhaps look at combination/s of ADX, ATR, StdDev, VHF etc

FWFW

-BB-

can u work on it and see if there will be improvement

 
Tested with Original Parameters
~~~~~~~~~~~~~~~~~~~~~~~~~
MakeGrid_GbpUsd_Daily_Orig
MetaQuotes-Demo (Build 218)

Symbol GBPUSD (Great Britain Pound vs US Dollar)
Period Daily (D1) 2007.01.02 00:00 - 2008.09.18 00:00 (2007.01.01 - 2008.09.19)
Model Every tick (the most precise method based on all available least timeframes)
Parameters uniqueGridMagic=11111; Lots=0.1; GridSize=4; GridSteps=12; TakeProfit=25; StopLoss=5; UpdateInterval=1; wantLongs=true; wantShorts=false; wantBreakout=true; wantCounter=true; limitEMA34=true; GridMaxOpen=0; UseMACD=true; CloseOpenPositions=false;
Bars in test 1448 Ticks modelled 3748314 Modelling quality n/a
Mismatched charts errors 1537
Initial deposit 10000.00
Total net profit -1476.83 Gross profit 3278.14 Gross loss -4754.97
Profit factor 0.69 Expected payoff -1.36
Absolute drawdown 1603.83 Maximal drawdown 1700.08 (16.84%) Relative drawdown 16.84% (1700.08)
Total trades 1082 Short positions (won %) 547 (13.35%) Long positions (won %) 535 (10.84%)
Profit trades (% of total) 131 (12.11%) Loss trades (% of total) 951 (87.89%)
Largest profit trade 26.25 loss trade -6.86
Average profit trade 25.02 loss trade -5.00
Maximum consecutive wins (profit in money) 9 (225.00) consecutive losses (loss in money) 78 (-390.00)
Maximal consecutive profit (count of wins) 225.00 (9) consecutive loss (count of losses) -390.00 (78)
Average consecutive wins 2 consecutive losses 12

Tested with 3 changed values: GridSteps, TakeProfit & StopLoss
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Strategy Tester Report
MakeGrid_GbpUsd_Daily_3changes
MetaQuotes-Demo (Build 218)


Symbol GBPUSD (Great Britain Pound vs US Dollar)
Period Daily (D1) 2007.01.02 00:00 - 2008.09.18 00:00 (2007.01.01 - 2008.09.19)
Model Every tick (the most precise method based on all available least timeframes)
Parameters uniqueGridMagic=11111; Lots=0.1; GridSize=4; GridSteps=3; TakeProfit=80; StopLoss=0; UpdateInterval=1; wantLongs=true; wantShorts=false; wantBreakout=true; wantCounter=true; limitEMA34=true; GridMaxOpen=0; UseMACD=true; CloseOpenPositions=false;
Bars in test 1448 Ticks modelled 3748314 Modelling quality n/a
Mismatched charts errors 1537
Initial deposit 10000.00
Total net profit -2005.25 Gross profit 5398.75 Gross loss -7404.00
Profit factor 0.73 Expected payoff -35.81
Absolute drawdown 4164.50 Maximal drawdown 9561.00 (62.10%) Relative drawdown 62.10% (9561.00)
Total trades 56 Short positions (won %) 0 (0.00%) Long positions (won %) 56 (94.64%)
Profit trades (% of total) 53 (94.64%) Loss trades (% of total) 3 (5.36%)
Largest profit trade 205.00 loss trade -2592.50
Average profit trade 101.86 loss trade -2468.00
Maximum consecutive wins (profit in money) 53 (5398.75) consecutive losses (loss in money) 3 (-7404.00)
Maximal consecutive profit (count of wins) 5398.75 (53) consecutive loss (count of losses) -7404.00 (3)
Average consecutive wins 53 consecutive losses 3

Reason: